Generation Investment Management, a sustainable investment firm with approximately $22 billion of assets under management, has announced the close of its $1 billion Generation IM Sustainable Solutions Fund III. The new fund will seek to make to make meaningful minority investments of between $50 and $150 million in innovative companies with high-growth potential, according to the management firm.
In a bid to restore high-quality coffee production in regions that have come under threat due to factors like environmental disaster, economic hardship or political conflict, Nespresso is working to provide farmers with training and material that will help them improve coffee yield and quality. The company says it will ... Read more »
A combination of factors is leading to the reduction or suspension of curbside recycling programs in some US cities. China’s ban on the import of previously accepted types of recyclable materials, a significant decrease in the resale price that recycling centers are getting for the recyclable goods they collect, and ... Read more »
Investment is going into plant-based foods from large operators looking to capitalize on the veganism trend and surging demand for sustainable foods. And according to Ecovia Intelligence, 2019 will be the year that plant-based products become mainstream in the food industry.
The emergence of socially responsible investing (SRI) has changed the debt and equity landscape such that companies with fewer environmental concerns have a significantly lower cost of capital. This is a relatively new variable in making the business case for improving environmental performance with technology upgrades or other costly strategic ... Read more »
New modular cooling tower configurations are worthy of serious consideration for commercial HVAC as well as industrial applications. These large, efficient structures can nearly triple cooling capacity compared to typical single-cell, factory-assembled cooling towers, while using substantially less fan power to drive energy savings. Both crossflow and counterflow tower designs ... Read more »
Walmart has entered into agreement on 46 power purchase agreements (PPAs) to provide solar power at the retailer’s operations in five states.The retailer partnered with C2 Energy Capital, LLC for the PPAs. These agreements are part of the Walmart’s goal to have 50% of its operations powered by renewable energy by 2025. The solar installations will produce more than 65,000,000 kWh of renewable energy annually and are expected to supply approximately 10-60% of each stores’ overall electricity use.