Finance

With the race against time for the UK to reach its ambitious target of net zero emissions by 2050, there has never been a more pivotal time to embrace innovations in order to achieve this goal.

T. Rowe Price Group, Inc., today announced it has joined the Net Zero Asset Managers initiative (NZAMI) to support the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5 degrees Celsius.

Heightened demand for responsible investing has led to an explosion in issuance of ESG-labeled bonds such as green bonds, social bonds and sustainability-linked bonds.

Arcos Dorados announced the issuance of its first Sustainability-Linked Bond, positioning the Company as the first in the Latin American restaurant industry to associate a financial instrument with environmental objectives.

“At Regions Bank, our mission is to make life better, and this project in Meriden is an example of this mission in action,” said Victor Sostar, executive vice president, Regions Affordable Housing.

Atlantic Power Transmission LLC (“APT”), a Blackstone (NYSE: BX) portfolio company, announces a $50 million commitment to workforce development in New Jersey.

Comcast Corporation announced a $1 million investment in Backstage Capital to support underrepresented founders at the earliest stages.

ESG ratings are a popular way to search for companies that meet specific criteria in a responsible investing agenda. But third-party ratings don’t tell the whole story for investors seeking a comprehensive view of how ESG issues affect return potential.

Beyond simply complying with changing regulatory minimum standards, making ESG a priority should include watching for signals from institutional investors, proxy advisors and other advocacy groups.

Across the country, thousands of sites formerly used by fossil fuel companies sit abandoned and polluted, creating a toxic stain on our environment and communities.