ESG Investing: Where it is Now; Where it’s Headed; What to Do
Published by Michael Novogradac on Wednesday, June 1, 2022
The expanding awareness and interest in ESG–environmental, social and governance–investing could lead to a seismic increase in investor demand for community development tax incentives, but we are not there yet. Syndicators of and investors in community development tax credits report that while the subject is at the forefront of most conversations, ESG motivations behind investment selection remains a work in progress.
“Today, it’s very, very important. Two years ago was a different story. I think COVID, along with a new administration, has thrown ESG to the forefront.”
“It’s very attractive to corporations to be able to [offset] their carbon footprint, achieve some of their environmental goals and also be able to generate a return off those investments.”
Melanie Beckman, Chief ESG Officer & Director, Tax Credit Investments
Read the full article.
Related Posts
IRS Alert: Beware of a New Clean Energy Tax Credit Scam – Consult Trusted Tax Professionals
Jul 10, 2024
The IRS warns against a new scam involving clean energy tax credits under the Inflation Reduction Act (IRA). Unscrupulous tax preparers are misleading taxpayers into improperly claiming these credits, especially […]
KeyState Renewables and Monarch Private Capital Close Nearly $100 Million Tax Equity Financing for Pine Gate Renewables’ Kentucky Solar Project
Oct 11, 2023
KeyState Renewables and Monarch Private Capital announce the close of nearly $100 million tax equity financing with North Carolina-based Pine Gate Renewables on the Glover Creek solar project near Bowling […]
NC State Renewable Energy Tax Credits Available Through Monarch Private Capital
Apr 5, 2024
Monarch Private Capital (Monarch), a nationally recognized impact investment firm that develops, finances and manages a diversified portfolio of projects that generate both federal and state tax credits, announces the […]