News

  • FTSE to overhaul ESG research and launch new indexes

    10 April 2014

    Index provider FTSE Group is to overhaul its environmental, social and governance research, and expand its range of sustainability-themed indexes.

  • Nine out of 10 banks fail ESG stress tests

    10 April 2014

    The vast majority of international banks failed to meet social and environmental 'stress tests', an analysis firm has revealed.

  • GRI welcomes call for increased environmental disclosure in Australia

    09 April 2014

    The Global Reporting Initiative (GRI) has welcomed the Australian Stock Exchange's (ASX) call for companies to improve their disclosure of environmental and social risks.

  • Infrastructure funds should address stranded assets fears, pension fund argues

    09 April 2014

    There is a lack of diversified infrastructure funds that take into account carbon risk, the chief investment officer of the UK Environment Agency's pension fund has claimed.

  • Spanish utility Iberdrola taps green bond market

    09 April 2014

    Utility Iberdrola has issued a €750 million ($1 billion) green bond – the first from a Spanish corporate.

  • UK's Green Investment Bank signs up to PRI

    09 April 2014

    The UK's Green Investment Bank (GIB) has adopted the UN's Principles for Responsible Investment (PRI), which commits it to incorporating environmental, social and governance issues into its investment analysis.

  • Terra Firma's EverPower buys 240MW wind farm

    09 April 2014

    Suzlon Energy has sold its 240MW Big Sky wind farm in Illinois to EverPower Wind Holdings, a Pittsburgh-based company owned by UK private equity group Terra Firma, for an undisclosed sum.

  • Engage on stranded assets, don't divest, pension fund advised

    08 April 2014

    The £2.3 billion ($3.8 billion) pension fund of the UK's Environment Agency has been advised to engage with fossil fuel companies about the risk of stranded assets, rather than divest its holdings.

  • Adenium Energy makes first solar investment in Jordan

    08 April 2014

    Investment company Adenium Energy has provided equity finance for $26 million of solar projects in Jordan.

  • Loan fund created to spur carbon finance for clean cookstoves

    08 April 2014

    A not-for-profit loan fund has been set up to help clean cookstove projects negotiate the carbon crediting process.