ESG

Energy

Hedge Funds are Shorting ESG, With Some Exceptions

Photo by American Public Power Association via Unsplash

A Bloomberg analysis of roughly 500 hedge funds found that patience for ESG stocks related to the energy transition has run out.

2 min read

Image Credit: iStock, A.Greeg

Finance

Warfare is ESG Now

Defense stocks are taking up a growing slice of the ESG (environmental, social, governance) pie. Reports attribute that to the war in Ukraine.

1 min read
Photo by Tim van der Kuip via Unsplash

Big Tech

Big Tech’s AI Fever Could Kill Its ESG Credentials

Big Tech companies have reportedly found a workaround in the carbon credit system to downplay their greenhouse gas emissions.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photo by Marcio Silva via iStock

Economics

Wall Street’s New Year’s Resolution: Launch More IPOs

No matter how you cast your ballot in the presidential election last month, recent history suggests your vote counts for IPOs.

6 min read
Photo by Daniel X. O’Neil via CC BY 2.0

Industries

Posh Soho House Gets Premium Buyout Offer as It Balances Prestige with Scaling Up

The offer would put an 83% premium on Soho’s Wednesday closing price and comes a year after it had to close off admissions in three cities.

2 min read
Photo via Oura

Technology

Smart Ring Maker Oura Doubles Valuation to $5.2 billion

One ring to rule them all… at least, Oura hopes so. On Thursday, it announced a new $200 million funding round.

2 min read

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