{"id":518304,"date":"2021-07-27T11:01:13","date_gmt":"2021-07-27T15:01:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/3m-invests-in-tpg-rise-climate-fund\/"},"modified":"2021-07-27T11:01:13","modified_gmt":"2021-07-27T15:01:13","slug":"3m-invests-in-tpg-rise-climate-fund","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/3m-invests-in-tpg-rise-climate-fund\/","title":{"rendered":"3M Invests in TPG Rise Climate Fund"},"content":{"rendered":"
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– Complements 3M environmental goals for carbon neutrality, water use and quality<\/h2>\n

– Expands access to opportunities to invest in climate technology companies<\/h2>\n

– Adds to 3M’s external partnerships that apply science to improve lives<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n ST. PAUL, Minn.<\/span>, July 27, 2021<\/span> \/PRNewswire\/ —\u00a03M (NYSE: MMM) is expanding its ongoing commitment to environmental stewardship by investing in TPG Rise Climate, a multi-billion dollar climate impact investing fund that deploys mission-driven capital at scale.<\/p>\n

TPG Rise Climate is focusing investments on clean energy, enabling solutions, decarbonized transport, greening industrials, and agricultural and natural solutions. The first-close fund participation of more than 20 global companies, including 3M<\/span>, was announced this morning<\/a>.<\/p>\n

“From environmental goals to reduce water use, improve water quality, and achieve carbon neutrality, to our ongoing investments in emerging technologies<\/a> that advance sustainability, 3M<\/span> is committed to making a difference in the trajectory of climate change,” said Gayle Schueller<\/span>, Senior Vice President and Chief Sustainability Officer, 3M<\/span>. “We continually build and add to our external partnerships to bring together people, ideas, and science, reimagine what’s possible and help solve the world’s greatest challenges.”<\/p>\n

TPG Rise Climate includes a unique group of global institutional and corporate investors that are united by capital, innovation, and accountability. The TPG Rise Climate Coalition has a shared commitment to harness the rigor of TPG’s investment process to unlock technologies, scale solutions, and deliver broad impact. <\/p>\n

\n Advancing environmental goals<\/b>\n <\/p>\n

Earlier this year, 3M<\/span> announced new environmental goals to help mitigate climate change, achieve cleaner air, improve water quality, and reduce waste.<\/p>\n