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Black Rock is betting on the circular economy with a new fund

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  2. Black Rock is betting on the circular economy with a new fund

14 Oct 2019

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Black Rock is betting on the circular economy with a new fund

Black Rock , the world’s largest asset management company, is actively investing in companies such as Adidas, Tomra and Paul Corp. through a new circular economy fund betting on sustainable projects.

Black Rock

Black Hawk, which manages $ 6.84 trillion in assets, is the largest investor in fossil fuels and faces particular criticism for its continued exposure to coal.

Much of the activity is carried out through inactive index-linked investments, which account for about 90 percent of its equity assets, and is also the largest investor in renewable energy, the company says.

Sumana Manohar, director of the new fund, which was launched with the Ellen MacArthur Foundation, told reporters in London on Tuesday that the fund would focus its exposure on plastic waste disposal, recycling and shrinking and would be actively managed.

The fund, which started on October 2 with an original capital of $ 20 million, is spread over 30 to 50 companies.

For example, Manohar cited Adidas, which has pledged to use recycled plastics and polyester, and Norwegian Tomra, which provides “reverse vending machines” that allow consumers to return empty bottles and cans to grocery stores and American Paul Corp, which makes recyclable aluminum cans and casings. Recycling.

Manohar declined to name any other companies, but said it expects the fund to expand over the coming years to include, for example, recycling projects for metals used in the battery industry.

Feasibility study for a coffee shop project

Feasibility study of a coffee shop project, I think it will depend on many factors such as demographics, location, competition, etc. Do your homework to the fullest.

With that in some cities and regions, there are cafes in every building, so you must keep in mind what distinguishes you from others, is there enough traffic, how many cafes/shops / other markets are located within a walking distance/car that also does Serving coffees, coffees, specialty blends, and drinks? Is there a specific target group that you expect to support your business?

See more details from here

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2022-02-17 17:34:23

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