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PwC buys Sustainable Finance
22 January 2009PricewaterhouseCoopers (PwC) has bought boutique consultancy Sustainable Finance for an undisclosed sum.
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First Chinese bank signs on to Equator
01 December 2008China's Industrial Bank has become the country's first financial institution to sign up to the Equator Principles, a landmark voluntary code for managing environmental and social risk in project finance deals.
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Citi, JP Morgan slash SRI research
01 December 2008Two US investment banks have axed dedicated environmental and social equity investment research, as part of wider cost-cutting measures.
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BoA, HSBC?exit businesses on green grounds
01 December 2008Bank of America has received praise from the Rainforest Action Network (RAN) for a decision to pull out of funding mountain-top removal mining in the US, while HSBC has announced it intends to terminate relationships with 30% of its clients in the forestry sector in high-risk countries for failing to comply with its environmental and social policies.
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Exchange-traded carbon fund gets London listing
01 December 2008ETF Securities (ETFS) has listed on the London Stock Exchange what it claims is the first exchange-traded security tracking carbon in Europe.