China issues first fines for breaking carbon rules, including Microsoft
Five firms in China, including Microsoft, are reportedly to face fines for not opening carbon-trading accounts within the timeframe allocated by the country's energy conservation authority.
Voluntary carbon leaders look on the bright side
The dominant players in the voluntary carbon market are optimistic about the future, despite a decline in volumes and prices between 2012 and 2013, according to the latest survey of the market by Environmental Finance.
IIRC launches integrated reporting framework
A framework to help companies expand their reports beyond financial metrics and include measures of sustainability has been launched, marking "an important milestone" in the evolution of 'integrated reporting'.
IFC issues second $1bn green bond of 2013
The International Finance Corporation (IFC) has launched its second $1 billion green bond of 2013, and called on other development banks to follow it with more 'benchmark' issues.
Gates takes €113m stake in Spain's FCC
Microsoft founder Bill Gates has bought a 6% stake in Spanish infrastructure and environmental services company FCC for €113.5 million ($155.9 million).
Microsoft costs its carbon
Rather than wait for carbon pricing legislation, the technology giant has introduced an internal cost of carbon to drive emissions reductions and fund investments. Felicity Carus reports