News

  • Smucker's climate risk vote is just the starter

    18 August 2011

    A shareholder resolution filed against JM Smucker could pave the way for other companies in the food and agricultural sector to disclose climate-related physical risks to their supply chains.

  • Dutch weather risk cover for builders extended to UK

    18 August 2011

    UK building companies are being offered weather derivatives to cover financial losses in the event of cold or wet weather delaying construction projects.

  • Corporate giants back WRI water project

    18 August 2011

    Goldman Sachs, Dow Chemical and Coca-Cola are among a consortium of large US companies backing a World Resources Institute (WRI) initiative to help companies manage their water requirements and reduce the risk to their business of drought and flooding.

  • Plastic Disclosure Project to launch next month

    17 August 2011

    An initiative designed to encourage companies to report on their plastics use and recycling is due to go live next month, with the completion of an online form allowing respondents to submit information on governance, strategy, and risks and opportunities around plastics use.

  • Cat risk markets could cover oil spills

    17 August 2011

    As Shell battles the UK's worst oil spill for 10 years, one company is proposing that oil companies manage their spill risks by transferring them to capital markets, via catastrophe (cat) bonds.

  • Veteran solar firm Evergreen files for bankruptcy

    16 August 2011

    Environmental technology pioneer Evergreen Solar has filed for bankruptcy and is seeking to sell assets to part repay creditors.

  • Desalination investments seen averaging $2bn/yr

    16 August 2011

    Investment in seawater desalination is forecast to average $2 billion a year to 2015, with almost half of this expenditure going on components and materials, according to US market analysts The McIlvaine Company.

  • US Army's latest campaign: renewables

    16 August 2011

    The US Army will aggressively recruit private sector companies in pursuit of $7.1 billion in investments for renewable energy generation projects on Army property.

  • EU joins Japan in attacking Ontario's renewables tariff

    15 August 2011

    Ontario's renewable energy feed-in tariff (FiT) programme is facing yet another trade challenge, this time from the EU.

  • MEMC scoops up Fotowatio's US solar business

    12 August 2011

    Solar equipment manufacturer MEMC Electronic Materials is to spread its wings further into the business of developing solar projects, with the acquisition of the US subsidiary of Fotowatio Renewable Ventures.