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Japanese utility pours ¥2.5trn into low-carbon development
16 September 2010Tokyo Electric Power Company (Tepco) plans to invest ¥2.5 trillion ($29 billion) over the next 10 years, to support the transition to a low-carbon society.
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Europe must triple efforts to meet energy goals
16 September 2010The EU must triple its energy efficiency efforts in order to reach its 2020 energy savings target, a policy advisory report says.
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Australian timber group to end native logging
16 September 2010A major Australian forestry group concedes it has lost the debate on forestry and plans to stop logging native forests.
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US union pushes for WTO action on China's green subsidies
16 September 2010A major US union has accused China of violating international trade rules in subsidising its clean energy sector, but its complaint could leave the US vulnerable to a retaliatory petition, observers say.
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VC fund to tap China's clean-tech hub
16 September 2010Californian clean-tech investor VantagePoint Venture Partners has expanded its reach in China, launching a $100 million fund to invest in the city of Tianjin.
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Climate investment underperformance widens – HSBC
16 September 2010The climate investment theme is badly underperforming global equities, according to banking giant HSBC.
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PwC reports strong growth in its sustainability practice
09 September 2010PricewaterhouseCoopers' (PwC's) sustainability and climate change practice has grown strongly over the past 12 months and further expansion is planned for the coming year.
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Insurers call for government assistance with adaptation efforts
09 September 2010Government action is required if the insurance industry is to realise its potential to help developing countries adapt to climate change, according to a statement backed by more than 100 leading insurance companies.
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Old divisions blurring on European ESG reporting
09 September 2010Blue chip companies in Sweden and France are still the leaders on reporting environmental, social and governance (ESG) issues – but a report by GES Investment Services shows that firms in eastern Europe are catching up.
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MSCI takes over KLD's ESG indexes
09 September 2010US investment analysis and index company MSCI has formally adopted the environmental, social and governance (ESG) indexes developed by KLD Research & Analytics, after it acquired the business this year.