Principle

Addenda Capital joins Net Zero Asset Managers Initiative

Retrieved on: 
Monday, October 4, 2021

MONTREAL, Oct. 4, 2021 /CNW Telbec/ - Addenda Capital, a privately-owned investment management firm, is proud to announce today that it has joined the Net Zero Asset Managers Initiative, a global movement of financial institutions spurred by the goal of net zero greenhouse gas emissions by 2050 or sooner to limit global warming to 1.5 degrees Celsius.

Key Points: 
  • MONTREAL, Oct. 4, 2021 /CNW Telbec/ - Addenda Capital, a privately-owned investment management firm, is proud to announce today that it has joined the Net Zero Asset Managers Initiative, a global movement of financial institutions spurred by the goal of net zero greenhouse gas emissions by 2050 or sooner to limit global warming to 1.5 degrees Celsius.
  • The Net Zero Asset Managers Initiative, launched in December 2020, now includes nearly 130 signatories worldwide representing $43 trillion in assets under management.
  • Addenda Capital, a leader in sustainable investing, is part of a small number of Canadian firms that have signed on to help make a difference in preventing irreversible damage from climate change.
  • "For Addenda, the decision to join this global financial movement was the next logical step in the efforts we have made so far to foster a better outlook for future generations," saidRoger Beauchemin, President and Chief Executive Officer of Addenda Capital.

Global Renewables Specialist Quinbrook Solidifies Advisory Board

Retrieved on: 
Monday, October 4, 2021

Quinbrook Infrastructure Partners (Quinbrook), a specialist investor in renewables, storage and grid support infrastructure, today announced the appointment of Fiona Reynolds to its Advisory Board.

Key Points: 
  • Quinbrook Infrastructure Partners (Quinbrook), a specialist investor in renewables, storage and grid support infrastructure, today announced the appointment of Fiona Reynolds to its Advisory Board.
  • Reynolds has led the PRI for the past nine years overseeing the network of signatories now exceeding 4,000 global institutions representing US$ 121 trillion in global assets1.
  • Reynolds is a board member of UN Global Compact, Steering Committee Climate Action IOO and the Investor Agenda, a member of the Global Advisory Council on Stranded Assets at Oxford University, and the Advisory Board for the Green Investment Principles for the Belt and Road.
  • Its the latest series of appointments for Fiona, including CEO at Sydney-based Conexus Financial, a member of a proposed new advisory board at Affirmative Investment Management, and independent Director of the Frontier Board.

IPC Systems Announces Comprehensive Agreement to Reduce Debt and Provide Significant Equity Capital to Support Long-Term Business Plan

Retrieved on: 
Friday, October 1, 2021

We are also encouraged and thankful to have the support of our shareholders and lenders, which reflects their high level of confidence in us."

Key Points: 
  • We are also encouraged and thankful to have the support of our shareholders and lenders, which reflects their high level of confidence in us."
  • HPS will continue to be IPC's primary lender, and will lead a single group of lenders in a new and streamlined debt structure.
  • We look forward to continuing to support IPC, Bob and his management team in their next phase of innovation and growth."
  • SVPGlobal is a global investment firm focused on distressed debt, special situations and private equity opportunities with more than $17 billion in assets under management.

Principles, a Ray Dalio Company, Launches a New Self-Service Version of PrinciplesUs to Empower Teams to Learn More About Themselves and Collaborate Better

Retrieved on: 
Tuesday, September 28, 2021

Managers benefit by getting a deeper understanding of their teams along with practical, actionable insights designed to help team members operate more effectively together to achieve shared goals.

Key Points: 
  • Managers benefit by getting a deeper understanding of their teams along with practical, actionable insights designed to help team members operate more effectively together to achieve shared goals.
  • In a world where many are working in remote/hybrid environments, PrinciplesUs is an essential team-building tool.
  • PrinciplesUs tells employees about themselves and combines it with others results to predict what their interactions are probably going to be like.
  • The company also offers a PrinciplesUs Foundations Certification Workshop , which trains professionals to administer the assessment through 2 half-day sessions.

Forbright Bank Signs the UN Principles for Responsible Banking

Retrieved on: 
Thursday, September 23, 2021

Congressional Bank, which recently announced its intent to rebrand as Forbright Bank, has become an official Signatory of the UN Principles for Responsible Banking a single framework for a sustainable banking industry developed through a partnership between banks worldwide and the United Nations Environment Programme Finance Initiative (UNEP FI).

Key Points: 
  • Congressional Bank, which recently announced its intent to rebrand as Forbright Bank, has become an official Signatory of the UN Principles for Responsible Banking a single framework for a sustainable banking industry developed through a partnership between banks worldwide and the United Nations Environment Programme Finance Initiative (UNEP FI).
  • Forbright is among only seven U.S. banks to sign onto the UN Principles.
  • Forbright is proud to become a signatory to the UN Principles of Responsible Banking, said founder and Executive Chairman John Delaney.
  • More information on the Principles for Responsible Banking: www.unepfi.org/responsiblebanking
    View source version on businesswire.com: https://www.businesswire.com/news/home/20210923005214/en/

GC3 Releases Framework for Article Ingredient Disclosure

Retrieved on: 
Wednesday, September 22, 2021

"Given the GC3's focus on fostering value chain collaboration -- and the critical importance of understanding the chemical composition of products to develop safer, more sustainable chemistries -- we work to create frameworks to facilitate better communication across the supply chain about product ingredients," says Michele Jalbert, Chief Operating Officer of the GC3. In this instance, by bringing the value chain together, the GC3 was able to create a framework with input from both suppliers and retailers. The Framework is designed to promote more robust data reporting and sharing, allowing retailers to make more informed decisions about the products they source and sell, and ultimately leading to safer, more sustainable chemistries.

Key Points: 
  • LOWELL, Mass., Sept. 22, 2021 (GLOBE NEWSWIRE) -- The Green Chemistry & Commerce Council (GC3) recently released the "GC3 Recommended Framework for Ingredient Disclosure for Articles," to help promote better data reporting and sharing about the chemical composition of common articles like apparel, office, hardware, and kitchen products.
  • Until now, there has been no common framework for consistently sharing ingredient information across categories of articles.
  • In this instance, by bringing the value chain together, the GC3 was able to create a framework with input from both suppliers and retailers.
  • The new GC3 Framework for Article Ingredient Disclosure also coincides with the recent release of the Principles for Chemical Ingredient Disclosure developed in a multi-stakeholder process facilitated by Clean Production Action (CPA) and the Northeast Waste Management Officials Association (NEWMOA).

American Financial Exchange (AFX) and AMERIBOR® Announce Commitment to Being Carbon-Neutral with Support of Climate Vault, Setting New Standard for Financial Markets Industry

Retrieved on: 
Wednesday, September 22, 2021

These activities to address climate change will make AMERIBOR, the oldest Libor alternative, the worlds first carbon-neutral interest rate benchmark.

Key Points: 
  • These activities to address climate change will make AMERIBOR, the oldest Libor alternative, the worlds first carbon-neutral interest rate benchmark.
  • Futures on the forward-looking AMERIBOR Term-30 began on Cboe Futures Exchange on September 13, 2021.
  • AFX worked with Evolution Markets to determine a level of contribution to Climate Vault sufficient to offset all emissions it cannot reduce directly.
  • Climate Vault plans to use these contributions to purchase CO2 permits on regulated cap-and-trade compliance markets and will vault them.

DGAP-News: Tübingen-based healthcare investor SHS joins UN investor initiative PRI for responsible investing

Retrieved on: 
Wednesday, September 22, 2021

Finally, SHS partner DrAndr Zimmermann uses an SHS portfolio company as an example:

Key Points: 
  • Finally, SHS partner DrAndr Zimmermann uses an SHS portfolio company as an example:
    "An exemplary example of responsible investing is our investment in phenox GmbH in Bochum.
  • PRI CEO Fiona Reynolds comments: "We are very pleased to welcome SHS as a signatory to the PRI.
  • About SHS Gesellschaft fr Beteiligungsmanagement mbH:
    "Building European Healthcare Champions" is the guiding principle of the Tbingen-based sector investor SHS.
  • The investment company is committed to the principle of Socially Responsible Investing (SRI) and is a member of PRI, an investor initiative launched by the UN Environment Programme.

S&P Global joins the Net Zero Financial Services Provider Alliance, part of the Glasgow Financial Alliance for Net Zero

Retrieved on: 
Wednesday, September 22, 2021

NEW YORK, Sept. 21, 2021 /PRNewswire/ --S&P Global has today announced that it is a founding member of the newly launched Net Zero Financial Services Provider Alliance (NZFSPA) .

Key Points: 
  • NEW YORK, Sept. 21, 2021 /PRNewswire/ --S&P Global has today announced that it is a founding member of the newly launched Net Zero Financial Services Provider Alliance (NZFSPA) .
  • The newly launched alliance joins the Glasgow Financial Alliance for Net Zero (GFANZ), part of the UN Race to Zero campaign.
  • Doug Peterson, CEO of S&P Global, said: "The global economic transition to net zero will be realized through a truly collaborative and aligned approach.
  • I am delighted that S&P Global is joining the Net Zero Financial Services Provider Alliance, part of the Glasgow Financial Alliance for Net Zero to support our common goal of a resilient and sustainable future.

Palladium Equity Partners Invests in Envoy Global, a Tech-Enabled Employment Based Immigration Services Provider

Retrieved on: 
Tuesday, September 21, 2021

Catalyst Investors and General Catalyst will both retain minority equity stakes in Envoy and continue to support the Company going forward.

Key Points: 
  • Catalyst Investors and General Catalyst will both retain minority equity stakes in Envoy and continue to support the Company going forward.
  • Founded in 1998, Envoy is a global immigration services provider with an international footprint, working across offices in APAC, EMEA and the Americas.
  • U.S. legal services are provided by two U.S. law firms -- Global Immigration Associates, PC and Corporate Immigration Partners, LLP.
  • All U.S. legal and global immigration services are fully integrated with the Envoy Platform for a seamless customer experience.