2022 Pitchbook Sustainable Investment Survey shows politicization of ESG

(Pitchbook) This summer, we surveyed more than 500 LPs, GPs and service providers about their sustainable investment practices, gathering information on the motivations, metrics and challenges of a field that is receiving more and more attention. Our 2022 Sustainable Investment Survey illuminates the drivers behind investment decisions, breaking down data by region and respondent type.…

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AI Data Laundering: How Academic and Nonprofit Researchers Shield Tech Companies from Accountability

(Waxy) The academic researchers who compiled the Shutterstock dataset acknowledged the copyright implications in their paper, writing, “The use of data collected for this study is authorised via the Intellectual Property Office’s Exceptions to Copyright for Non-Commercial Research and Private Study.” But then Meta is using those academic non-commercial datasets to train a model, presumably…

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This Climate Tech Boom Is Recession-Proof

(Bloomberg) Is a global economic recession imminent? That question has been giving many people watching markets sleepless nights. One group, however, seems less worried: climate tech investors. Typically recessions see investors fleeing to safer assets like government bonds and mature companies. And they start investing less in or even divesting from riskier assets, such as venture…

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Silicon Valley Slides Back Into ‘Bro’ Culture

(NYT) Last month, Mark Zuckerberg spent hours touting his love of jiujitsu, wrestling and UFC on Joe Rogan’s podcast, which is known for its hypermasculinity. Watching TV was not active enough, Mr. Zuckerberg said. Compared with social media, TV was “beta.” Elon Musk, who signed a deal to buy Twitter seemingly on a whim and is now…

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Cutting health care’s carbon footprint

(Axios) Health systems are increasingly responding to the threat of climate change with commitments to cut back their own carbon footprint. Why it matters: Health care is a massive global industry, and shrinking its carbon footprint could go a long way toward reducing carbon emissions. Read more here

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EU’s green rulebook loses a bit more credibility as NGOs quit

(Business Times) A group of non-governmental organisations that had been involved in writing the EU’s green taxonomy has walked out in protest. They accuse the EU bodies steering the taxonomy of politicising the process instead of basing decisions on science, according to a statement on Wednesday (Sep 14). As a result, 5 nonprofits have announced…

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