Environmental finance

Reactivate Launches New Community Solar Portfolio with Walmart and U.S. Bank in Low-to-Moderate Income Communities

Retrieved on: 
Wednesday, January 31, 2024
Partnership, AC, Coal, Community, Walmart, Commonwealth Edison, Housing, Environmental finance, EVP, DOE, CO2, Assistant, Invenergy, Project management, Social responsibility, National Grid, Electricity, LMI, Renewable energy

Reactivate (an Invenergy company), a mission-driven renewable energy company, in collaboration with Walmart and U.S. Bancorp Impact Finance (a U.S. Bank subsidiary) recently closed a tax equity transaction on the new portfolio.

Key Points: 
  • Reactivate (an Invenergy company), a mission-driven renewable energy company, in collaboration with Walmart and U.S. Bancorp Impact Finance (a U.S. Bank subsidiary) recently closed a tax equity transaction on the new portfolio.
  • "Serving our customers and communities is core to our purpose at Walmart and our support of this high-impact portfolio demonstrates our continued commitment to that purpose.
  • "This partnership with Walmart and U.S. Bank combines environmental stewardship with social responsibility, delivering tangible benefits to low-to-moderate income and energy transition communities while achieving clean energy goals", said Chris King, EVP of Finance at Reactivate.
  • Community solar allows customers to realize the financial benefits of clean energy without owning a property or the upfront costs for solar.

PAAMC HK Clinches 2023 BENCHMARK and Hong Kong International ESG Ranking Awards

Retrieved on: 
Tuesday, December 19, 2023
Biophysical environment, Fund, Ping'an, Philosophy, SFDR, Sustainability, International, Environmental finance, ESG, Peking University, CIO, Seemabaddha, GSS, University, Insurance, Bloomberg Businessweek, China Asset Management, Social responsibility, Capital market, Property management

HONG KONG, Dec. 19, 2023 /PRNewswire/ -- Ping An of China Asset Management (Hong Kong) Company Limited ("PAAMC HK" or the "Company"), the offshore asset management arm of the Ping An Insurance (Group) Company of China, Ltd. ("Ping An"), recently announced that it has earned recognitions and bagged two prestigious awards from the 2023 Benchmark Fund of the Year Awards[1] and the 2023 Hong Kong International ESG (Environmental, Social, and Governance) Ranking[2].

Key Points: 
  • HONG KONG, Dec. 19, 2023 /PRNewswire/ -- Ping An of China Asset Management (Hong Kong) Company Limited ("PAAMC HK" or the "Company"), the offshore asset management arm of the Ping An Insurance (Group) Company of China, Ltd. ("Ping An"), recently announced that it has earned recognitions and bagged two prestigious awards from the 2023 Benchmark Fund of the Year Awards[1] and the 2023 Hong Kong International ESG (Environmental, Social, and Governance) Ranking[2].
  • PAAMC HK also received the Best ESG Financial Service Provider at the 2023 Hong Kong International ESG Ranking, following the recent ESG Investing Award from the Chinese Edition of Bloomberg Businessweek[4].
  • The annual Hong Kong International ESG Ranking is launched by Hong Kong International ESG Alliance to recognize companies with multi-dimensional and balanced development in environmental protection, social responsibility and governance.
  • The Hong Kong International ESG Alliance is co-organized by the Ta Kung Wen Wei Media Group (TKWW), China Certification & Accreditation Group, Institute for China Business of the University of Hong Kong, and Peking University HSBC Finance Academy.

PAAMC HK Clinches 2023 BENCHMARK and Hong Kong International ESG Ranking Awards

Retrieved on: 
Tuesday, December 19, 2023
Biophysical environment, Fund, Ping'an, Philosophy, SFDR, Sustainability, International, Environmental finance, ESG, Peking University, CIO, Seemabaddha, GSS, University, Insurance, Bloomberg Businessweek, China Asset Management, Social responsibility, Capital market, Property management

HONG KONG, Dec. 19, 2023 /PRNewswire/ -- Ping An of China Asset Management (Hong Kong) Company Limited ("PAAMC HK" or the "Company"), the offshore asset management arm of the Ping An Insurance (Group) Company of China, Ltd. ("Ping An"), recently announced that it has earned recognitions and bagged two prestigious awards from the 2023 Benchmark Fund of the Year Awards[1] and the 2023 Hong Kong International ESG (Environmental, Social, and Governance) Ranking[2].

Key Points: 
  • HONG KONG, Dec. 19, 2023 /PRNewswire/ -- Ping An of China Asset Management (Hong Kong) Company Limited ("PAAMC HK" or the "Company"), the offshore asset management arm of the Ping An Insurance (Group) Company of China, Ltd. ("Ping An"), recently announced that it has earned recognitions and bagged two prestigious awards from the 2023 Benchmark Fund of the Year Awards[1] and the 2023 Hong Kong International ESG (Environmental, Social, and Governance) Ranking[2].
  • PAAMC HK also received the Best ESG Financial Service Provider at the 2023 Hong Kong International ESG Ranking, following the recent ESG Investing Award from the Chinese Edition of Bloomberg Businessweek[4].
  • The annual Hong Kong International ESG Ranking is launched by Hong Kong International ESG Alliance to recognize companies with multi-dimensional and balanced development in environmental protection, social responsibility and governance.
  • The Hong Kong International ESG Alliance is co-organized by the Ta Kung Wen Wei Media Group (TKWW), China Certification & Accreditation Group, Institute for China Business of the University of Hong Kong, and Peking University HSBC Finance Academy.

Leeward Renewable Energy Closes Financing for White Wing Ranch Solar and GSG Wind Projects

Retrieved on: 
Thursday, November 16, 2023
Green Technology, Alternative Energy, Energy, Environment, Sustainability, Wind, Senior, Environmental finance, Regeneration, Project finance, National bank, Growth, National Bank of Canada, Wells Fargo, LRE, Renewable energy, Finance

Leeward Renewable Energy (LRE) today announced it has closed approximately $580 million of tax equity commitments and debt facilities, for its White Wing Ranch Solar and GSG Wind projects located in Yuma County, Arizona and LaSalle County, Illinois, respectively.

Key Points: 
  • Leeward Renewable Energy (LRE) today announced it has closed approximately $580 million of tax equity commitments and debt facilities, for its White Wing Ranch Solar and GSG Wind projects located in Yuma County, Arizona and LaSalle County, Illinois, respectively.
  • “We are pleased to have closed construction financing on our White Wing Ranch Solar and GSG Wind projects.
  • “We have completed a record amount of financing for LRE projects this year and we are looking forward to carrying this momentum into 2024.”
    Andrew Kho, Managing Director with Wells Fargo Renewable Energy & Environmental Finance, said, “Wells Fargo is pleased to provide tax equity financing for White Wing Ranch Solar and GSG Wind as LRE continues to expand its renewable energy platform.
  • At White Wing Ranch Solar, LRE is pursuing innovative land management practices to promote the regeneration of native desert ecosystems.

As Countdown for COP28 Gets Underway, Carbon Trading Goes Live in Abu Dhabi

Retrieved on: 
Thursday, October 26, 2023
Carbon, Abu Dhabi Global Market, Environmental finance, Mubadala Investment Company, ABU, Group Policy, Market development, Clearing, VCM, Environment, FAB, ACX, Classification, PJSC, First Abu Dhabi Bank, CMB, Climate change, Investment Exchanges and Clearing Houses Act 2006, Amusement park, Cryptocurrency, Renewable energy

ABU DHABI, UAE, Oct 26, 2023 - (ACN Newswire) - ACX (AirCarbon Exchange) proudly announces its exchange and clearing house in Abu Dhabi Global Market (ADGM), ACX Abu Dhabi, is live.

Key Points: 
  • ABU DHABI, UAE, Oct 26, 2023 - (ACN Newswire) - ACX (AirCarbon Exchange) proudly announces its exchange and clearing house in Abu Dhabi Global Market (ADGM), ACX Abu Dhabi, is live.
  • ACX established its regional base in ADGM in August 2021 with the support of Hub71, Abu Dhabi's global tech ecosystem.
  • The inaugural carbon credits trade on the fully regulated exchange was executed between First Abu Dhabi Bank (FAB) and specialist carbon trading company Helix Climate.
  • Sameh Al Qubaisi, Group Head of Global Markets at First Abu Dhabi Bank, said, "We are delighted to execute the first trade on ACX Abu Dhabi.

ACX Announces Key Trades on World's First Regulated Carbon Exchange and Clearing House in ADGM

Retrieved on: 
Wednesday, October 25, 2023
Carbon, Abu Dhabi Global Market, Environmental finance, Mubadala Investment Company, ABU, Group Policy, Market development, Clearing, Entrepreneurship, VCM, Environment, FAB, ACX, Classification, PJSC, First Abu Dhabi Bank, CMB, Climate change, Investment Exchanges and Clearing Houses Act 2006, Amusement park, Cryptocurrency, Renewable energy

ABU DHABI, UAE and SINGAPORE , Oct. 25, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange) proudly announces its exchange and clearing house in Abu Dhabi Global Market (ADGM), ACX Abu Dhabi, is live.

Key Points: 
  • ABU DHABI, UAE and SINGAPORE , Oct. 25, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange) proudly announces its exchange and clearing house in Abu Dhabi Global Market (ADGM), ACX Abu Dhabi, is live.
  • ACX established its regional base in ADGM in August 2021 with the support of Hub71, Abu Dhabi's global tech ecosystem.
  • The inaugural carbon credits trade on the fully regulated exchange was executed between First Abu Dhabi Bank (FAB) and specialist carbon trading company Helix Climate.
  • "ACX is proud to be the world's first fully regulated spot carbon environmental exchange and clearing house.

ACX Announces Key Trades on World's First Regulated Carbon Exchange and Clearing House in ADGM

Retrieved on: 
Wednesday, October 25, 2023
Carbon, Abu Dhabi Global Market, Environmental finance, Mubadala Investment Company, ABU, Group Policy, Market development, Clearing, Entrepreneurship, VCM, Environment, FAB, ACX, Classification, PJSC, First Abu Dhabi Bank, CMB, Climate change, Investment Exchanges and Clearing Houses Act 2006, Amusement park, Cryptocurrency, Renewable energy

ABU DHABI, UAE and SINGAPORE, Oct. 25, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange) proudly announces its exchange and clearing house in Abu Dhabi Global Market (ADGM), ACX Abu Dhabi, is live.

Key Points: 
  • ABU DHABI, UAE and SINGAPORE, Oct. 25, 2023 /PRNewswire/ -- ACX (AirCarbon Exchange) proudly announces its exchange and clearing house in Abu Dhabi Global Market (ADGM), ACX Abu Dhabi, is live.
  • ACX established its regional base in ADGM in August 2021 with the support of Hub71, Abu Dhabi's global tech ecosystem.
  • The inaugural carbon credits trade on the fully regulated exchange was executed between First Abu Dhabi Bank (FAB) and specialist carbon trading company Helix Climate.
  • "ACX is proud to be the world's first fully regulated spot carbon environmental exchange and clearing house.

CLIMATE RISK ANALYTICS FIRM RISKTHINKING.AI, LAUNCHES A NEW PRODUCT TO SOLVE THE COMPLEX PROBLEM OF CLIMATE RISK MANAGEMENT

Retrieved on: 
Tuesday, October 17, 2023
Sustainability, Climate change, Bloomberg L.P., Organization, Insurance, VELO, Carbon, News, Environmental finance, Research, Renewable energy, Risk management, Cryptocurrency

TORONTO, Oct. 17, 2023 /PRNewswire/ - Riskthinking.AI, an award-winning, innovative climate risk start-up located in Toronto, Canada, has announced today the release of its product, VELO®.

Key Points: 
  • TORONTO, Oct. 17, 2023 /PRNewswire/ - Riskthinking.AI, an award-winning, innovative climate risk start-up located in Toronto, Canada, has announced today the release of its product, VELO®.
  • Riskthinking.ai, backed by Bloomberg L.P., has already received several accolades for its innovation in climate risk management.
  • Verdantix, a leading research and advisory firm, is conducting significant research on climate risk providers within its Net Zero and Climate Risk research practice.
  • Riskthinking.AI's forward-looking, purely probabilistic methodology for assessing climate risk enables companies to uncover blind spots that other providers' solutions may miss.

CLIMATE RISK ANALYTICS FIRM RISKTHINKING.AI, LAUNCHES A NEW PRODUCT TO SOLVE THE COMPLEX PROBLEM OF CLIMATE RISK MANAGEMENT

Retrieved on: 
Tuesday, October 17, 2023
Sustainability, Climate change, Bloomberg L.P., Organization, Insurance, VELO, Carbon, News, Environmental finance, Research, Renewable energy, Risk management, Cryptocurrency

TORONTO, Oct. 17, 2023 /PRNewswire/ -- Riskthinking.AI, an award-winning, innovative climate risk start-up located in Toronto, Canada, has announced today the release of its product, VELO®.

Key Points: 
  • TORONTO, Oct. 17, 2023 /PRNewswire/ -- Riskthinking.AI, an award-winning, innovative climate risk start-up located in Toronto, Canada, has announced today the release of its product, VELO®.
  • Riskthinking.ai, backed by Bloomberg L.P., has already received several accolades for its innovation in climate risk management.
  • Verdantix, a leading research and advisory firm, is conducting significant research on climate risk providers within its Net Zero and Climate Risk research practice.
  • Riskthinking.AI's forward-looking, purely probabilistic methodology for assessing climate risk enables companies to uncover blind spots that other providers' solutions may miss.

Canadian Solar Wins Environmental Finance Sustainable Company Award for Sustainability Reporting of the Year

Retrieved on: 
Wednesday, October 11, 2023
Sustainability, ESG, United Nations Global Compact, Ten Principles for the Establishment of a Monolithic Ideological System, Science Based Targets initiative, Social responsibility, Environmental finance, Environment, Canadian Solar, News, Science, Renewable energy

GUELPH, ON, Oct. 11, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has been awarded the " Sustainability Reporting of the Year – Global " as part of Environmental Finance's 2023 Sustainable Company Awards.

Key Points: 
  • GUELPH, ON, Oct. 11, 2023 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ) today announced that it has been awarded the " Sustainability Reporting of the Year – Global " as part of Environmental Finance's 2023 Sustainable Company Awards.
  • This award recognized Canadian Solar's efforts in providing transparent, comparable, and comprehensive sustainability reporting which enables its stakeholders to better understand the Company's strategy, commitments, and progress towards achieving its sustainability goals.
  • Ms. Hanbing Zhang, Chief Sustainability Officer commented, "We are honored to be recognized by Environmental Finance as a global leader in corporate sustainability reporting.
  • We will continue to adapt to the evolving global sustainability reporting landscape and execute on our sustainability strategy, creating long-term value for our stakeholders."