-
Tepco dropped from Dow Jones socially responsible investment index
13 May 2011Tokyo Electric Power (Tepco) has been dropped from the Dow Jones Sustainability Indexes (DJSI) family, following "a significant reduction in Tepco's sustainability score" in the aftermath of the Fukushima nuclear disaster.
-
Shareholder action on sustainability being used more aggressively – E&Y
12 May 2011Investors are more aggressively using shareholder proxies to force companies to take action on environmental and social issues, a trend that will accelerate in 2011, according to Ernst & Young (E&Y).
-
Dangerous chemicals list sparks concern for investors
12 May 2011Investors are increasingly concerned about how companies are complying with the EU chemicals legislation REACH and whether they are looking to phase out potentially dangerous chemicals, experts said.
-
Clean-tech investors chase millions for Asian strategies
06 May 2011A slew of venture capital and private equity funds are raising money into clean-tech funds focused on Asia.
-
'Rainforest bond' aiming to monetise REDD+ credits
06 May 2011A multilateral financial institution is understood to be poised to issue a first-of-its-kind 'rainforest bond' which would repay investors based on returns from the ecosystem services provided by the area of rainforest.
-
Environmental regulations grease wheels for another US utility merger
05 May 2011If regulators give the green light to a proposed merger of US utilities Exelon and Constellation Energy, the combined company will be in a better position to finance the continued transition to cleaner energy sources, which in the US goes beyond renewables to include natural gas and clean coal.
-
Acquisition boosts Suez Environnement earnings nearly 30%
02 May 2011French water and waste firm Suez Environnement posted a nearly 30% rise in first quarter pre-tax earnings while revenue was up 14%, boosted by the acquisition of Spanish water and services group Agbar.
-
CCS boost as $1.3bn Saskatchewan project gets nod
28 April 2011Canadian authorities have given the green light to a C$1.24 billion (US$1.3 billion) carbon capture and storage (CCS) demonstration plant in Saskatchewan, which aims to slash annual greenhouse gas emissions by around 1 million tonnes of carbon dioxide equivalent.
-
Biofuels could meet a quarter of transport need without starving the poor – IEA
21 April 2011Global biofuel use could increase more than 13-fold by 2050 and meet more than a quarter of demand for transportation fuel, without jeopardising food and environmental security, the International Energy Agency (IEA) has said.
-
EIB backs Latin American 'ecosystem enterprises' fund
21 April 2011The European Investment Bank (EIB) has joined a handful of socially responsible investors in backing an innovative fund that will invest in businesses that protect ecosystems.