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Month: November 2023

GM, Stellantis Invest in Sustainable EV Magnet Startup Niron Magnetics

GM, Stellantis Invest in Sustainable EV Magnet Startup Niron Magnetics

Sustainable magnet technology company Niron Magnetics announced that it has raised $33 million, with funds by leading automotive manufacturers, GM Ventures and Stellantis Ventures joining the company’s list of investors. Permanent magnets are essential components in systems and devices ranging from automobiles and electric vehicle (EV) drivetrains to renewable energy systems and consumer electronics. Surging […]

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ESG Today: Week in Review

ESG Today: Week in Review

This week in ESG news: SEC chief says investors want supply chain emissions reporting to manage climate transition risk; survey finds over 80% of companies plan to increase sustainability spend next year; Apple & Nike launch supply chain decarbonization initiative; Porsche to use green steel in cars; KPMG launches decarbonization hub in Canada; sustainable bond […]

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Corporate Climate Stocktake 2023: Private Sector Progress, Barriers, and Opportunities for Net Zero

Corporate Climate Stocktake 2023: Private Sector Progress, Barriers, and Opportunities for Net Zero

The Corporate Climate Stocktake 2023, led by the We Mean Business Coalition and supported by the UN Climate Champions team and Bain & Company, has unveiled a comprehensive assessment of the current state of corporate climate action and its implications for future emissions reduction efforts. In the wake of the landmark Paris Agreement negotiations at […]

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AI-Based ESG Data Collection Startup ESG Flo Raises $5.25 Million

AI-Based ESG Data Collection Startup ESG Flo Raises $5.25 Million

AI-powered data infrastructure platform ESG Flo announced today that it has secured $5.25 million in seed capital. Launched in 2022 from within Bain & Company’s Founder’s Studio , ESG Flo helps industrial, manufacturing and infrastructure sector businesses to create robust, auditable ESG data infrastructure. The technology leverages AI automation and deep learning to gather data […]

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