News

• Kepler Cheuvreux hires former Deutsche Bank carbon analyst

  01 April 2014

  Former Deutsche Bank carbon analyst Mark Lewis has been appointed as a senior member of brokerage Kepler Cheuvreux's sustainability research team.

• Exxon disappoints investors with response to 'stranded assets' risk

  01 April 2014

  ExxonMobil has rejected the suggestion from several investor groups that much of its fossil-fuel reserves will be rendered 'unburnable', as a result of global efforts to combat climate change.

• Record breaking quarter for green bonds boosted by corporate issues

  01 April 2014

  The green bond market broke fresh records for issuance in the first quarter of 2014, with corporate issues nearly matching those of development banks.

• Pax World launches new ESG fund

  01 April 2014

  Sustainable asset manager Pax World has launched a new passively-managed fund that seeks to emulate the returns from an MSCI environmental, social and governance index.

• Most European companies already impacted by climate change, says CDP

  01 April 2014

  Most European businesses believe they are already being affected by climate change and that it presents far more risks than opportunities, according to the pressure group CDP.

• Energy tech firm PassivSystems plans IPO

  31 March 2014

  A UK firm specialising in energy-saving technology, plans to float on London's Alternative Investment Market (AIM) next month, with the hope of raising up to £12 million ($20 million).

• Polman, Campanale nominated for Sustainable Business Leader award

  31 March 2014

  Paul Polman, CEO of Unilever and Mark Campanale, founder and executive director of the Carbon Tracker Initiative, have been named by the UK's Guardian newspaper as among the top four business leaders "who have shown dedication and bravery in progressing the sustainable business agenda".

• NextEnergy Solar Fund attracts more than £100m, but delays IPO

  31 March 2014

  NextEnergy Solar Fund has received demand for shares worth more than £100 million ($167 million) in its planned flotation on the London Stock Exchange (LSE), but has postponed the listing while it finalises the participation of a cornerstone investor.

• TD issues C$500m green bond

  31 March 2014

  TD Bank Group has become the first commercial bank in Canada to issue a green bond, raising C$500 million ($454 million) last week.

• GIB invests £461m in UK offshore wind

  31 March 2014

  The UK Green Investment Bank (GIB) will invest £461 million ($766 million) in UK offshore wind, via two projects.