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    Circular economy-focused investor Closed Loop Partners announced today an investment of $10 million investment into its Closed Loop Circular Plastics Fund from Japanese financial services institution Sumitomo Mitsui Banking Corporation (SMBC), aimed at supporting innovation and infrastructure for the recovery and recycling of plastics in the U.S. and Canada. The fund, launched in May 2021, […]

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    • SMBC Invests $10 Million in Circular Plastics Solutions Fund https://t.co/OggJN5CIiq

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    Lawmakers at the European Parliament and members of the EU Council announced today that they have reached an agreement on “FuelEU Maritime,” a new regulation mandating reductions in emissions in the maritime transport sector, with targets beginning as soon as 2025. The agreement marks another step towards the completion of negotiations for the European Commission’s […]

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    • EU Lawmakers Announce Deal to Decarbonize Maritime Shipping. Fuel #EU Maritime a new regulation mandating reductions in emissions in the maritime transport sector begins in 2025. #NetZero #Purpose #SocialImpact https://t.co/cSbEaucmpK

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    Two proposed pieces of anti-ESG legislation have been voted down in the Wyoming legislature, including a rule that would restrict government entities from doing business with banks, investors or companies that restrict business with other companies for a range of ESG-related reasons, and one aimed at eliminating the consideration of ESG criteria by investment managers […]

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    • Wyoming Joins List of States Rejecting Anti-ESG Measures https://t.co/hHdLZyJ1MY

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    Fund managers for state and local entities in Florida will be prohibited from considering ESG factors in any investment decisions, and government entities will not be allowed to request ESG information from suppliers in the procurement process, according to new legislation proposed on Monday by Florida Governor Ron DeSantis. The new proposed laws form the […]

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    • DeSantis Outlaws #ESG in Florida Investments. I stand for a #sustainable planet that can support future generations. #ESG is about the basics - "you respect what you inspect!" I respect #Environment, #Social (#DEI) and #Governance (transparency) https://t.co/z7RET6pKjm

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    The U.S. Federal Reserve Board released details and instructions for its inaugural climate scenario analysis exercise for the six largest U.S. banks, designed to assess the banks’ climate-related risk management practices and their resilience to a range of climate outcomes. Results from the exercise are to be submitted by the banks by the end of […]

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    • Fed Launches #ClimateRisk Exercise for Big Banks. @EsgToday #sustainability #ESG #environment. @bobmartineau3 #financialplanning https://t.co/9XslxXTUiY

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    Goldman Sachs Asset Management (GSAM) announced today that it has raised more than $1.6 billion at the final close of its inaugural direct private markets strategy dedicated to investing in climate and environmental solutions, the Horizon Environment & Climate Solutions I. GSAM stated that the fund will be the first in a series of “Horizon […]

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    • Goldman Sachs Raises $1.6 Billion for Inaugural Private Markets Climate Fund - follow the money that invests in #Sustainability #socialimpact. @EsgToday https://t.co/NJvv7k1xlD