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IFC to work with Vietnam central bank on environmental standards
22 August 2012The International Finance Corporation (IFC) will help Vietnam's central bank strengthen environmental and social loan standards in the country's banking system, it announced this week.
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NGOs slam Bank of America for coal financing
16 August 2012NGOs and activists have criticised Bank of America's latest corporate social responsibility (CSR) report, saying it fails to address the bank's financing of coal power.
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Investors chilled by prospect of US biofuels waiver
15 August 2012Waiving the US renewable fuel requirements would send a "chilling signal" to investors in advanced biofuels, according to the Renewable Fuels Association.
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Investors pressurise Smucker into sustainability goals
09 August 2012JM Smucker has bowed to investor pressure to assess and improve its climate risk disclosure and sustainability efforts, but more work still needs to be done, investors said.
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Indiana, Kentucky, Ohio dip toes into water quality trading
09 August 2012Three US states have agreed to participate in the first interstate pilot of a water quality trading programme, designed to reduce the release of excess nutrients into the Ohio River Basin.
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Kiernan hires Clements-Hunt to push sustainability fund to BRICs
08 August 2012Sustainable investment pioneer Matthew Kiernan has teamed up with Paul Clements-Hunt, the former head of the UN Environment Programme's Finance Initiative, to help raise money from wealthy families in the 'BRIC' countries.
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TIAA-CREF adds to timberland portfolio
06 August 2012US pensions giant TIAA-CREF has acquired a majority stake in GreenWood Resources, a leading timberland investment management organisation (TIMO), for an undisclosed sum.
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Alliance Trust snags Aviva SRI team, assets
02 August 2012The remainder of Aviva Investors' sustainable and responsible investment (SRI) team is to move to Alliance Trust Investment, which has struck an investment-advisory agreement to manage the insurance giant's £1.2 billion ($1.9 billion) in SRI funds.
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BlackRock investors agree rule change
31 July 2012Investors in BlackRock's New Energy Investment Trust have approved a plan allowing them to cash-in at the best possible price in two years' time.
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Germany, Italy 'good prospects' for SRI growth – Dexia
27 July 2012Germany and Italy could be the next hotspots for growth in socially responsible investment (SRI) in Europe, according to a leading asset manager.