Northern Trust Loses $160 Million Mandate to Amundi Over Exit from Climate Groups

UK charity endowment manager Nesta Trust announced that it has transferred a £120 million (USD$160 million) investment mandate from U.S.-based Northern Trust Asset Management (NTAM) to European asset manager Amundi, stating that the move is a “direct consequence” of NTAM’s…

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Nuclear Turbines Raises $20 Million to Bring Down Cost of Nuclear Energy Using Gas Turbine Technology

Advanced nuclear technology startup Nuclear Turbines announced that it has raised £15 million (USD$20 million) in a new funding, with proceeds to be used to scale its solution, based on gas turbine technology, to address nuclear energy’s cost and scale…

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TotalEnergies to Appeal Court Ruling Ordering it to Address Climate Risks from Use of its Products

TotalEnergies announced that it has decided to appeal a recent ruling by the Paris Judicial Court ordering the company identify and disclose measures to address climate risks resulting from greenhouse gas (GHG) emissions resulting from the use of its oil and…

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