Latest news with #ESG-driven
Yahoo
2 hours ago
- Business
- Yahoo
Prologis, Inc. (PLD): A Bull Case Theory
We came across a bullish thesis on Prologis, Inc. (PLD) on Business Model Mastery's Substack. In this article, we will summarize the bulls' thesis on PLD. Prologis, Inc. (PLD)'s share was trading at $108.60 as of 30th May. PLD's trailing and forward P/E were 27.08 and 47.17 respectively according to Yahoo Finance. A worker operating heavy machinery on a large construction site, at the center of a bustling city skyline. Prologis is a dominant force in global logistics real estate, managing 1.3 billion square feet across 20 countries. Its strategic emphasis on Last Touch® facilities near major urban centers ensures superior delivery speed and consistently high tenant demand, reflected in its 96%+ occupancy and strong lease mark-to-market gains of approximately 30%. This positions the company for steady, organic growth with a structurally embedded advantage. Adding to its defensible moat, Prologis controls a vast and irreplaceable land pipeline capable of supporting $41.5 billion in future logistics development, including $0.9 billion earmarked for data center conversions. In a landscape where urban zoning restrictions create meaningful entry barriers, this land bank offers long-term development flexibility and competitive protection. Operationally, the company benefits from immense scale while maintaining a lean cost structure. Its general and administrative expense ratio continues to decline as its asset base expands, allowing it to boost margins by leveraging shared infrastructure and partnerships. A critical driver of Prologis's financial engine is its capital flywheel—$56.3 billion in co-investment ventures where it earns recurring fees and performance-based incentives with only modest equity exposure of 15–55%, significantly reducing risk while enhancing returns. Most of these ventures are either long-duration or open-ended, ensuring lasting capital support. Further reinforcing tenant relationships, its Prologis Essentials platform integrates sustainability solutions like LED lighting and solar installations (626 MW deployed), now embedded in all eligible new developments. This ecosystem of ESG-driven value-add services enhances tenant retention and underscores Prologis's comprehensive, multi-pronged strategy for long-term, capital-efficient growth. For a comprehensive analysis of another standout stock covered by the same author, we recommend reading our summary of this on Harley Davidson, Inc. (HOG). Prologis, Inc. (PLD) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 55 hedge fund portfolios held PLD at the end of the first quarter which was 55 in the previous quarter. While we acknowledge the potential of PLD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Sun
2 days ago
- Business
- The Sun
Bateriku.com and RYDE EV unite to rev up electric mobility in Malaysia
PETALING JAYA: In a strategic move to revolutionise the electric mobility landscape in Malaysia, a vehicle support ecosystem, has teamed up with RYDE EV, a key player in electric vehicle technology, to launch a transformative initiative at the Bateriku Pitstop in Cheras, Kuala Lumpur. The collaboration introduces an innovative EV Swap Station and ICE-to-EV conversion services, marking a significant leap forward in promoting sustainable transportation solutions. By leveraging both companiesʼ strengths, the initiative aims to provide seamless, accessible and eco-conscious alternatives to traditional vehicle ownership. At the core of the partnership is a shared mission: to make electric mobility practical and scalable, while empowering communities through gig economy model BHero and enhancing environmental impact through ESG-driven practices. Through the partnership, and RYDE EV will provide EV Swap Stations to enable quick and convenient battery swaps to reduce EV downtime at 10 Bateriku Pitstop locations – Bateriku Bangsar, Bateriku Ampang, Bateriku Kelana Jaya, Bateriku Kepong, Bateriku Pudu, Bateriku Saujana Putra, Bateriku Subang Perdana, Bateriku Permaisuri Cheras, Bateriku Balakong and Bateriku Kajang. It will also support affordable transformation of internal combustion engine vehicles into electric-powered ones, mobilising gig economy network to support EV-related services, creating new income streams and entrepreneurship opportunities besides aligning with ESG standards. CEO Azarol Faizi said: 'Our partnership with RYDE EV is a bold step towards building a smarter, greener mobility future for Malaysians. By merging innovation with social responsibility, weʼre not just supporting the EV ecosystem, weʼre creating a new wave of opportunities for our BHeroes and contributing meaningfully to national sustainability goals.ˮ RYDE EV CEO Syed Ahmad Faiz said that working alongside allows them to scale their EV technology to the grassroots. 'From quick-swap stations to converting petrol vehicles into clean EVs, this partnership is about making green mobility accessible for everyone ,and thatʼs a future worth driving towards.'
Scotsman
4 days ago
- Business
- Scotsman
Josh Levy and Dario Schiraldi on Ultimate Finance's £10M facility boost for market growth
Specialist asset-based lender Ultimate Finance has raised its maximum invoice finance facility from £7 million to £10 million as it looks to expand its footprint in the larger deal market. Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... The Tavistock Group-owned firm based in Bristol said the change fits with its efforts to expand its working capital services. This improvement is due to improvements in pricing and larger cash flow loan options which have been well-received by the bank's clients. The increase in facility size reflects the company's ambition to remain competitive and distinctive while expanding its offering to cater to a wider range of businesses. It also supports Ultimate Finance's broader aim of building a strong presence in larger lending transactions. Advertisement Hide Ad Advertisement Hide Ad Chief Executive Officer Josh Levy said the company has had a robust start to 2025, completing 60 working capital deals in the first five months of the year. 'April and May represented our highest single months in the past five years for new deal numbers and deal value, respectively, and this momentum shows no sign of slowing down,' he said. Market Growth 'With our average client retention now at eight years, the increase enables us to further support those clients with their growth ambitions and deliver on our mission. This is to provide more cash flow than ever before to new and existing clients,' Levy added. Dario Schiraldi, Deutsche Bank's former MD, explains how the institutional playbook is being shaped by private equity, private credit, structured investments, and ESG-driven strategies as investors look to maximise risk-adjusted returns and improve portfolio resilience. "In order to generate alpha, institutional investors are stepping outside of traditional asset classes," Dario Schiraldi, Deutsche Bank's former leader, says. He further added, "Private equity and private credit provide exposure to high-growth industries and innovative companies while offering protection against short-term market swings." Advertisement Hide Ad Advertisement Hide Ad Levy expressed confidence that the enhanced facility, combined with the company's high-touch, tailored service model, would support its growth trajectory. Founded in 2002, Ultimate Finance has supported more than 4,000 UK businesses and property investors with customised funding packages designed to meet the cash flow needs of small and medium-sized enterprises (SMEs). In addition to its head office in Bristol, the lender maintains a national presence with offices in London, Lutterworth, Manchester, Leeds, and Edinburgh. The firm was acquired by Tavistock Group nine years ago, reinforcing its long-term commitment to growth in the UK market.
Time of India
24-05-2025
- Business
- Time of India
Wall Street giants face antitrust scrutiny over coal investments and ESG push
Big investors, bigger questions: antitrust fears grow over ESG-driven common ownership Federal antitrust enforcers are now turning their attention to Wall Street's biggest fund managers, raising concerns that their coordinated influence over fossil fuel producers may illegally suppress competition. The Justice Department and Federal Trade Commission have filed a landmark statement warning that when firms like BlackRock, Vanguard and State Street own shares in multiple competitors, it could cross the legal threshold for antitrust liability. The case, originally brought by Texas Attorney General Ken Paxton and joined by other Republican-led states, centers on the idea of "common ownership", a rising worry in regulatory and academic circles. The lawsuit argues that these asset managers used their shareholder power to push climate-friendly agendas that led coal companies to limit production, artificially driving up prices. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like OMEA Award for Indian Manufacturers ansoim Learn More Undo Also read: Trump signs orders to expand coal power, invoking AI boom The ESG backlash enters the courtroom Common ownership has long lingered on the regulatory fringe, but now it has been thrust into the legal spotlight. The FTC and DOJ explicitly state that reducing carbon emissions is no more a valid legal defense than price fixing among airlines. In their filing, regulators argue that if asset managers pressured coal firms to cut output to meet environmental goals, that could amount to illegal coordination. Live Events The stakes are high. From 2020 to 2022, BlackRock, Vanguard and State Street collectively held between 8 and 34 per cent of all shares in publicly traded US coal companies, entities that together produce nearly half the nation's coal. According to the DOJ and FTC, such overlap in ownership enables undue influence that could undermine healthy competition. Asset managers push back In response, the firms have denied any antitrust violation. Vanguard stated that the lawsuit "contorts the law in a way that will hurt individual investors." State Street called the state-level allegations baseless, adding that the federal government's involvement doesn't change that assessment. BlackRock has repeatedly claimed its environmental actions are incidental and passive, not coercive. Also read: Bond market jitters: Weak demand raises US debt alarm Trump's politics continues to shape legal context The court battle unfolds against the backdrop of a political realignment over environmental, social and governance (ESG) investing. Once a liberal cause, ESG has become a target for Republicans, especially with Trump-supporting coal states now mounting legal challenges. The lawsuit aligns with recent executive orders from President Trump aimed at reviving coal production and export. Academic debate fuels legal action The growing influence of large fund managers in corporate governance has fueled academic and political concern. Harvard Law professor Einer Elhauge, whose research underpins the DOJ's theory, said the case highlights how calls for emission cuts can morph into output reductions. His studies link common ownership in industries like airlines and banking with higher consumer prices. Despite denials, asset managers have long been aware of the scrutiny. BlackRock has questioned the validity of academic claims and pulled out of the Net Zero Asset Managers Initiative in 2024. Vanguard left the group in 2022. Both actions hint at concern over legal liability and public perception. Market regulation enters a new phase While the DOJ and FTC insist they aren't condemning all index investing or fund management, they are drawing a firm line. The warning is clear: when common ownership evolves into coordinated action, antitrust laws will come into play. This signals a new frontier in how financial markets are policed, especially when shareholder activism intersects with public policy. Also read: Trump's influence on the Federal Reserve: Risks and realities From boardrooms to courtrooms: what's next for ESG investing Whether or not the states' lawsuit succeeds, the filing by federal regulators has opened the door to future antitrust cases rooted in environmental policy and shareholder influence. With Congress already probing the role of trade associations like the Net Zero Asset Managers group, the next chapter in the ESG debate may be written in court. FAQs 1. What is common ownership and why is it considered a potential antitrust issue? Common ownership refers to the practice of large institutional investors like BlackRock, Vanguard, and State Street holding significant shares in multiple competing companies within the same industry. Regulators warn that this could lead to reduced market competition, as these investors may influence business decisions in ways that violate antitrust laws. 2. How does ESG investing relate to the antitrust lawsuit against BlackRock, Vanguard, and State Street? The lawsuit claims that the asset managers used their influence to promote environmental, social, and governance (ESG) goals, specifically, pushing coal companies to lower emissions. According to regulators, if these climate policies resulted in reduced output, it could be viewed as anti-competitive behavior under US antitrust laws. 3. What are the Justice Department and FTC alleging in their statement of interest? The DOJ and FTC argue that if asset managers coordinated shareholder actions across competing coal companies, such as voting on climate measures or influencing production decisions, it could amount to illegal collusion. This marks the first time federal enforcers have publicly endorsed this antitrust theory against common ownership. 4. What could this case mean for the future of ESG investing and index fund management? This case may set a precedent for how far institutional investors can go in shaping corporate behavior through shareholder influence. While regulators clarify they are not targeting index investing, they signal that coordinated ESG actions influencing market output could face increased legal scrutiny moving forward.
Associated Press
22-05-2025
- Business
- Associated Press
Matrix Renewables Releases 2024 Sustainability Report: Marking a Year of Transformative Growth and ESG Impact
MADRID, May 22, 2025 /PRNewswire/ -- Matrix Renewables, a leading global renewable energy platform backed by TPG Rise, proudly announces the publication of its 2024 Sustainability Report, showcasing a year of consistent growth exceeding expectations, ESG-driven success, and positive social and environmental impact across four continents. 2024 was a transformative year for Matrix Renewables. The company strengthened its balance sheet by welcoming new lending partners who share its long-term vision and values. With a portfolio now surpassing 15.5 GW of capacity—including over 1,055 MW of operational projects, 721 MW under construction, and 668 MW set to break ground—Matrix continues to accelerate the global energy transition. 'In 2024, we reiterated that ESG is not only a moral imperative but also a source of value creation for our company, our stakeholders, and society at large,' said Luis Sabaté, CEO of Matrix Renewables. 'These results reinforce our long-standing commitment to sustainability.' Environmental Impact at Scale Matrix's operations delivered more than 1,200 GWh of clean electricity in 2024 across Chile, Spain, and the U.S.—enough to power nearly 30,000 households and prevent approximately 500,000 metric tons of CO₂-equivalent emissions. The company also invested $8.5 million in ESG initiatives—a 55% increase over 2023—focused on health and safety, environmental performance, and community engagement. 2024 Highlights from the Sustainability Report Looking Ahead to 2025 Matrix is preparing to launch its first Social Action Plan for 2025, 'Our platform has never been stronger and consistently delivers on commitments' added Sabaté. 'With enhanced resources and a unified ESG strategy, we are ready to scale our impact and lead the renewable energy industry into a more sustainable, inclusive, and prosperous future.' The full 2024 Sustainability Report is now available on the Matrix Renewables website. Contacts Inmaculada Bejarano: [email protected] Juan Fernández: [email protected] Kirsty Whatmough: [email protected], +34917458657 View original content: SOURCE Matrix Renewables
