Impax assets surge on environmental investment boom
Environmental investment manager Impax saw its assets under management grow 15% to £1.26 billion ($2.30 billion) in the year ending 30 September 2009. The growth has continued since then, with assets reaching £1.42 billion on 30 November.
Commission backs six sites for carbon capture and storage
The European Commission has named the six carbon capture and storage (CCS) projects that will receive a share of the €1.05 billion ($1.55 billion) in funding from the €4 billion set aside for energy projects in the EU economic-stimulus package.
CDP water initiative exposes disclosure challenges
Investors have welcomed the launch of a water disclosure programme by the Carbon Disclosure Project (CDP), but the initiative exposes a plethora of challenges in understanding the risks and opportunities associated with water scarcity.
ESG can boost financial performance - Mercer
Taking environmental, social and governance (ESG) issues into account can improve the financial performance of investments, according to a survey of academic research by consultancy Mercer.
The adaptation imperative
Companies will not only increasingly have to mitigate climate change, they will also have to adapt to it. But what questions should their shareholders be asking? Rory Sullivan, David Russell and Seb Beloe summarise the first report of its kind on the adaption question
Parched plants, risky investments
Dana Krechowicz examines how two key sectors in South and Southeast Asia are being affected by water scarcity – and what investors should be doing about it
Railpen bids to push climate change up investment agenda
Railpen, one of the UK's largest pension funds, has asked its investment managers and trustees to fill out a 'climate audit' of how they factor climate change into existing investment processes.
EPA punts ethanol blending call
The US Environmental Protection Agency (EPA) has deferred a decision on increasing the limit on ethanol blended into gasoline from 10% to 15% until next summer, but indicated preliminary tests support such a change.
Thomson Reuters acquires ESG data firm Asset4
Thomson Reuters has acquired Asset4, which provides environmental, social and governance (ESG) data and tools for investors and corporations, for an undisclosed sum.
Earth Capital Partners 'on course' for $5bn fund-raise
The Stanley Fink-backed Earth Capital Partners (ECP) is still on course to raise $5 billion into environmentally-focused funds, as it prepares to name a cornerstone investor in a new renewable energy fund.