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‘Green Is Good.’ Is Wall Street’s New Motto Sustainable?
As big institutions go green, it can make for strange bedfellows, like some of Goldstein’s clients who were carried into the Goldman Sachs fold. Among them, a group of Midwestern nuns known as the Franciscan Sisters of Mary, a Roman Catholic group out of St. Louis.
- Categories
- Investing
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Goldman Sachs to Spend $750 Billion on Climate Transition Projects and Curb Fossil Fuel Lending
“There is not only an urgent need to act, but also a powerful business and investing case to do so,” Goldman Sachs CEO David Solomon wrote in an opinion piece published Sunday in the Financial Times.
- Categories
- Environment, Finance
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A 24-Year-Old Is Suing Pension Fund for Not Being Green Enough
The Federal Court battle is shaping up to be a unique test case. Are pension funds in breach of their fiduciary duties by failing to mitigate the financial ravages of a warmer planet?
- Categories
- Environment, Investing
- Region
- Asia Pacific
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Big Investors Need to Change the Way They Do Business: A Q&A with the GIIN’s Co-Founder and CEO, Amit Bouri
The overall impact investing market portfolio is now estimated at half a trillion dollars. So how are Asia – and specifically India – shaping up in terms of impact investment growth and development? Smarinita Shetty, co-founder and CEO at India Development Review, asks this and other questions in this interview with Amit Bouri, the CEO and co-founder of the Global Impact Investing Network (GIIN). Bouri notes that despite several new retail opportunities, it's still not enough to move the needle.
- Categories
- Investing, Social Enterprise
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Mainstreaming Impact Finance: Major Momentum and Gaps in the Transformation of the Financial Industry
There are exciting signs of a new level of mainstream corporate interest in sustainable business and finance. But despite the significant progress made in the sector since the 1970s, challenges remain – from lack of transparency in impact measurement, to lack of clarity about what impact even means. AlphaMundi founder Tim Radjy explores why we need to transform the rules of business and shift our systems to sustainable alternatives – and how impact finance can help make that happen.
- Categories
- Investing
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Press Release: BBVA and Pestana Hotel Group Issue the World’s First Green Bond in the Hotel Industry
BBVA and Pestana Hotel Group have reached a new milestone in the sustainable finance market, issuing the world’s first green bond in the hotel industry, according to the International Capital Markets Association’s (ICMA) Green Bond Principles.
- Region
- Europe & Eurasia
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Consortium Releases Technology-Enabled Sustainable Supply Chain Finance Model
The aim of the model is to drive more transparency in global supply chains and encourage sustainable production processes through supply chain finance.
- Categories
- Finance, Technology
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Press Release: Initiative for Blended Finance Launches to Make Sustainable Development More Effective
University of Zurich unites with leading research, knowledge and practice partners to provide excellent, practice-driven research & education for a more powerful collaboration between public & philanthropic funders and private investors.
- Region
- Europe & Eurasia
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