Socially responsible investing

Bezos Earth Fund Expands Team, Welcomes Paul Bodnar and Noël Bakhtian

Retrieved on: 
Thursday, April 27, 2023
Sustainable finance, United Nations Security Council, Diplomacy, RMI, White House, RMI (energy organization), Barack Obama, U.S. Department of Defense Strategy for Operating in Cyberspace, Socially responsible investing, Policy, BlackRock, United States Department of Energy, Idaho National Laboratory, Special, Jeff Bezos, Climate change, Technology policy, United States National Security Council, DOE, U.S. Department of Energy, Office of Inspector General, Government, Science, White House Office of Energy and Climate Change Policy, United States Department of State, Nature, Executive Council, Climate, Research fellow, Renewable energy, Management, Energy, Wind

WASHINGTON, April 27, 2023 /PRNewswire/ -- The Bezos Earth Fund welcomes Paul Bodnar as Director of Sustainable Finance, Industry, and Diplomacy and Dr. Noël Bakhtian as Director of Tech Acceleration, adding to its growing team of experts working to fight climate change and protect and restore nature.

Key Points: 
  • WASHINGTON, April 27, 2023 /PRNewswire/ -- The Bezos Earth Fund welcomes Paul Bodnar as Director of Sustainable Finance, Industry, and Diplomacy and Dr. Noël Bakhtian as Director of Tech Acceleration, adding to its growing team of experts working to fight climate change and protect and restore nature.
  • Paul Bodnar joins the Earth Fund after serving as BlackRock's Global Head of Sustainable Investing and Head of Sustainability Policy.
  • "I am grateful for the opportunity to join the Bezos Earth Fund team as they continue to have a transformative impact on climate and nature," said Bodnar.
  • "I'm excited to be joining the Bezos Earth Fund, bringing my focus to accelerating our ambitious vision to deliver impactful outcomes," said Dr. Bakhtian.

Apollo Launches Clean Transition Capital Strategy to Support Firmwide Target to Deploy $50 Billion by 2027

Retrieved on: 
Wednesday, April 26, 2023
ACT, Socially responsible investing, NYSE, Climate, Climate change, Investment, APO, Renewable energy

NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced the formation of Apollo Clean Transition Capital (“ACT Capital”), an investment strategy that intends to redefine the capital market for climate solutions.

Key Points: 
  • NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced the formation of Apollo Clean Transition Capital (“ACT Capital”), an investment strategy that intends to redefine the capital market for climate solutions.
  • ACT Capital seeks to meet the wide-ranging capital needs for the transition to clean energy and sustainable industry by providing competitive, flexible, and patient financing to the global market, supporting corporates in their transition to clean energy.
  • The strategy launches with $4 billion in deployable capital from Apollo affiliates and strategic partners and will enable investment into a diversified global portfolio of yield and hybrid investments.1
    Last year, Apollo launched its Sustainable Investing platform, which targets deploying $50 billion in clean energy and climate capital by 2027 and sees the opportunity to deploy more than $100 billion by 2030.
  • ACT Capital will work alongside other strategies across Apollo’s sustainable investing platform toward the $50 billion target.

The QEMP and CDPQ are renewing their collaboration to accelerate the development of emerging managers

Retrieved on: 
Thursday, April 20, 2023
PRI, Socially responsible investing, Risk management, Investment, CDPQ, Machine learning, Artificial intelligence, Growth, ESG, Ecosystem, B Corporation (certification), Principles for Responsible Investment, Principle, Renewable energy, Security (finance)

MONTRÉAL, April 20, 2023 /CNW/ - The Québec Emerging Managers Program (QEMP) and CDPQ are proud to renew their collaboration to accelerate the development of emerging managers.

Key Points: 
  • MONTRÉAL, April 20, 2023 /CNW/ - The Québec Emerging Managers Program (QEMP) and CDPQ are proud to renew their collaboration to accelerate the development of emerging managers.
  • This additional investment will bring CDPQ's commitment in the QEMP to $250 million, or $50 million annually over the next five years.
  • These include Innocap, a QEMP founding partner, which provides a rigorous institutional framework in terms of due diligence, risk management and continuous monitoring of the program.
  • Over the past few months, various initiatives were undertaken to enhance the QEMP and its practices and internal procedures.

Time to Back Amazon Shareholder Resolution and End Tsunami of Plastic Pollution

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Wednesday, April 19, 2023
PRI, Plastic, United Nations, Socially responsible investing, Jeff Bezos, Turtle, Vanguard, Shark, Amazon, Black Rock, Whale, Institution, Walmart, Item, ESG, Environment, Fidelity, Cryptocurrency, Target

Despite this pledge, at least 26 PRI signatories voted against the resolution last year that asked Amazon to disclose its plastic packaging footprint.

Key Points: 
  • Despite this pledge, at least 26 PRI signatories voted against the resolution last year that asked Amazon to disclose its plastic packaging footprint.
  • Amazon has already eliminated plastic bags and/or plastic air pillows and bubble wrap in India, Europe, Australia, and Japan.
  • Oceana’s Senior Vice President Matt Littlejohn said it's time for Amazon to be a leader in reducing plastics: “This year’s resolution is another opportunity to end Amazon’s growing tsunami of plastic pollution.
  • A shareholder resolution on plastic packaging filed by non-profit As You Sow was first voted on at Amazon’s annual meeting in 2021, receiving 35.5% of the vote.

Noble's Jim Conley to Retire Katherine Seitz Named Compliance Officer

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Tuesday, April 18, 2023
University, Socially responsible investing, Chapel Hill, University of North Carolina at Charlotte, United Nations Principles of Medical Ethics, Katie, Corporate lawyer, Chief, Growth, ESG, Family, Management, Noble

The organization welcomes Katherine ("Katie") Seitz as its new Compliance Officer.

Key Points: 
  • The organization welcomes Katherine ("Katie") Seitz as its new Compliance Officer.
  • Mr. Conley joined Noble in 2006 as Chief Financial Officer before becoming the firm's first Compliance Officer.
  • "The Noble team is my family, and our journey together has been the most fulfilling experience of my professional career," said Conley.
  • Mrs. Seitz assumes responsibility for managing and directing Noble's regulatory, compliance, and ESG programs.

Village Savings and Agriculture Insurance Wins the 2023 Kellogg-Morgan Stanley Sustainable Investing Challenge

Retrieved on: 
Monday, April 17, 2023
Socially Responsible Investing, Professional Services, Finance, Morgan Stanley, Insurance, Sustainability, University, Vaccination, Delhi University, Socially responsible investing, Student, Agriculture Insurance Company of India, Challenge, Climate, Environment, Air pollution, Northwestern University, Kellogg School of Management, Cryptocurrency, Renewable energy, Agriculture

The Morgan Stanley Institute for Sustainable Investing and Kellogg School of Management at Northwestern University today announced that the Village Savings and Agriculture Insurance team was named the winner of the 2023 Kellogg-Morgan Stanley Sustainable Investing Challenge.

Key Points: 
  • The Morgan Stanley Institute for Sustainable Investing and Kellogg School of Management at Northwestern University today announced that the Village Savings and Agriculture Insurance team was named the winner of the 2023 Kellogg-Morgan Stanley Sustainable Investing Challenge.
  • The winning team of graduate students from Gulu University Faculty of Agriculture and Environment in Uganda was awarded the top prize for their Village Savings and Agriculture Insurance proposal.
  • Their proposal draws on local village savings and loan agencies, making insurance coverage affordable while also promoting financial stability and sustainable economic growth in rural Ugandan communities.
  • Launched in 2011, the Kellogg-Morgan Stanley Sustainable Investing Challenge is an annual global competition designed to inspire future leaders to develop innovative financial vehicles to help address critical social and environmental issues.

Aéma Groupe: FY 2022 Results

Retrieved on: 
Saturday, April 15, 2023
Insurance, Pressure, PRI, Asset management, Palm oil, Energy transition, Socially responsible investing, Mondial, Health care, Wealth, Business, P&C, Solvency, Carbon, Common, IPE, Biodiversity, Acquisition, Investment, UMG, Regulatory News Service, Growth, Weather, Climate, Health, Takaud Savings and Pensions B.S.C., Principles for Responsible Investment, Principle, MMJ, Risk management, Life insurance, Reinsurance, Cryptocurrency, Chemical, Financial services, Retail, Group (military unit)

More than 11 million policyholders, with 100,000 new policyholders won in 2022.

Key Points: 
  • More than 11 million policyholders, with 100,000 new policyholders won in 2022.
  • In September 2022 Aéma Groupe announced the creation of its Asset Management division Ofi Invest, which is now the 5th largest asset management group in France, and a key player in responsible finance.
  • The impact of the transformation plans launched in 2022 to restore profitability will be seen from the next financial year onwards.
  • Aéma Groupe has strengthened and proved its attractiveness, through an M&A strategy initiated in 2022: Mutuelle des Métiers de la Justice (MMJ) joining UMG Aésio Macif, acquisition of Mondial Pare-Brise by Macif.

AIF Global Launches New AIF APAC Division with Asia Pacific Regional Focus at Inaugural Annual Investors' Meeting in Seoul

Retrieved on: 
Wednesday, April 5, 2023
Faculty, Private equity, University, Capital, Government of New York (state), Infrastructure, Rockefeller Capital Management, NYSTRS, Socially responsible investing, Korea Post, State, Real assets, Real estate, CBRE, National Assembly, Korea Investment Corporation, NPS, Yonsei University, Monetary Policy Committee, National Pension Service, Center of excellence, National Assembly (South Korea), ESG, Bank, Private credit, Management, Cryptocurrency, Alternative Credit Investments

NEW YORK, April 5, 2023 /PRNewswire/ -- The independent economic think tank AIF Global (www.aifglobal.org) is pleased to announce the launch of a new division called AIF APAC. AIF APAC will serve as an ongoing resource that will educate and inform the global institutional asset owner community, particularly those based in the Asia Pacific regions of South Korea, Australia, Japan, Singapore, and Hong Kong, about the best use of alternative investments in their portfolios. 

Key Points: 
  • Yonsei University Professor of Finance Sam Y. Chung will serve as the first Head of AIF APAC.
  • AIF APAC held its inaugural Annual Investors' Meeting in Seoul on March 28–29, 2023.
  • AIF APAC's forums and other investment activities will be integrated with those of AIF Global across the four continents that AIF Global visits: North America, Australia, Europe, and Asia.
  • AIF APAC plans to add other Faculty Members with specialized expertise in the main alternative asset classes that AIF Global studies: Private Equity, Private Credit, Real Estate, Infrastructure, and Diversifying and Opportunistic Strategies.

Montage Partners Joins UN-supported Principles for Responsible Investment

Retrieved on: 
Monday, March 27, 2023
Professional Services, Environmental, Social and Governance (ESG), Other Professional Services, Socially Responsible Investing, Finance, Asset Management, Consulting, Montage, PRI, Growth, ESG, Partnership, Capitalism, Partner, Environment, Socially responsible investing, Principles for Responsible Investment, Principle, United, UN, Culture

Montage Partners , a people-first private equity firm dedicated to helping established businesses reach transformative growth, is pleased to announce that it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI).

Key Points: 
  • Montage Partners , a people-first private equity firm dedicated to helping established businesses reach transformative growth, is pleased to announce that it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI).
  • The voluntary principles aim to provide a framework for integrating environmental, social and corporate governance (ESG) considerations into investment decision-making and ownership practices.
  • “Becoming a PRI signatory was a natural extension of our values-based approach to investing,” says Jordan Tate, co-Managing Partner of Montage Partners.
  • “Being a signatory of the Principles for Responsible Investment is another way we can demonstrate these values to our future partners.”

NEI sets human rights, inequality, net zero, nature as focus themes for corporate engagement

Retrieved on: 
Thursday, March 23, 2023
Canadian Natural Resources, Inequality, Meta, Socially responsible investing, Investment, NEI, Meta Platforms, Bank Rakyat, Policy, Business, Microsoft, AltaGas, TSMC, Biodiversity, Bank Rakyat Indonesia, OECD Guidelines for Multinational Enterprises, Nature, Lowe's, AbbVie, UN, Natural Resources, Apple, Methane, ESG, Johnson & Johnson, Weather, Responsibility, Principles for Responsible Investment, Principle, NextEra Energy, Mobile phone, Renewable energy, Alphabet

The Focus List identifies the companies NEI intends to engage with on the topical ESG issues of human rights, inequality, net-zero alignment, and nature.

Key Points: 
  • The Focus List identifies the companies NEI intends to engage with on the topical ESG issues of human rights, inequality, net-zero alignment, and nature.
  • The Focus List is a cornerstone of the active ownership component of NEI's longstanding responsible investment program, which brings together three main activities: corporate dialogue, proxy voting, and shareholder proposals.
  • Our discussions this year will be focused on two main areas: human rights in the supply chain, and digital rights.
  • Download a copy of the full Focus List and Focus List summary from NEI's website: https://www.neiinvestments.com/responsible-investing/responsible-investi...