/PRNewswire/ SK Inc., the investment firm for South Korea s third-largest conglomerate, announced today it is the lead investor in the latest round of.
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LINCOLN, Neb., June 3, 2021 /PRNewswire/ Monolith Materials, Inc., a leader in green hydrogen production, today announced it has received new investments from a consortium of investors led by SK Inc. and includes NextEra Energy Resources, LLC and Perry Creek Capital. This round also included additional investment from current Monolith funders Azimuth Capital Management, Cornell Capital and Warburg Pincus. These investments are the latest in a series of recent growth announcements for Monolith as it garners additional support for its innovative commercial-scale, clean hydrogen manufacturing technology. Monolith Materials is the first U.S. manufacturer to produce an industry-transforming hydrogen known as green hydrogen on a commercial scale using its proprietary methane pyrolysis process.
Is ESG On The Way Out?
(Credit: Katusa Research)
In the past six to twelve months hundreds of articles have surfaced raising concerns about ESG (Environment, Social, Governance), a term often used in financial circles to refer to non-financial issues for responsible investing. For instance, O’Leary and Valdmanis writing in their HBR article entitled An ESG Reckoning Is Coming, point out, “The push in recent years for companies to commit to ESG efforts is commendable. But so far, those efforts have yielded scarce results.” And many, including Thomas O’Neill who writes for Responsible Investor, have noted that ESG ratings are wildly inconsistent.
The Link Between Sustainability Disclosure And Company Change Is Flawed environmentalleader.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from environmentalleader.com Daily Mail and Mail on Sunday newspapers.
May 12, 2021 The Value Balancing Alliance (VBA) piloted its methodology for standardized accounting of corporate value contributions. For the first time, the initiative used its method to calculate BASF s economic, environmental and social impacts. How can companies contributions or impacts on the economy, society and the environment be made measurable and comparable? Based on this question, BASF founded the Value Balancing Alliance e.V. (VBA) in 2019 together with seven other companies. The aim of the initiative is to develop within three years a cross-industry standard for measuring the overall impact of companies that captures economic, environmental and social aspects of business activities along the value chain. By converting corporate value contributions into monetary value, the overall impact of companies in any industry can be made tangible and comparable.