Here’s the Daily ESG Digest for November 21st, Monday.

1. (Europe) $500 Million Climate Venture Fund. Schneider Electric-affiliated venture investor SE Ventures announced the launch of a €500 million fund aimed at accelerating funding for climate and industrial tech startups. Backed by Schneider Electric, the new fund will target “category-defining companies” in the fields of climate-tech, industrial AI, mobility, prop-tech and cybersecurity. The fund will begin deployment in January 2023. (Link)

2. (Europe) Zero Emission Hydrogen. HiiROC in northern England, set up in 2019, has developed technology that will produce low-cost, zero-emission hydrogen from micro to industrial scale. The gas is produced at the point of use, thereby avoiding the cost and practical problems of storage and distribution. (Link)

3. (Asia) Biomass Fuel to Hydrogen. Babcock &Wilcox announced that it has signed an agreement with NRG Korea to study the application of B&W’s BrightLoop technology for a hydrogen regeneration facility using biomass fuel in South Korea.  (Link)

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