News

• 'Innovative' asset-backed securities raise $100m

  24 December 2013

  A company that invests in sustainable infrastructure projects has issued its first asset-backed securities, in an "innovative" transaction that has raised $100 million.

• Cape Wind inks deal with Siemens

  23 December 2013

  Cape Wind took a step closer to becoming the first commercial-scale offshore farm in US waters after it awarded Siemens a contract to supply and maintain its turbines.

• Most Chinese funds believe good ESG improves financial returns

  23 December 2013

  The majority of Chinese mutual funds believe that companies that take environmental, social and governance (ESG) issues seriously generate better financial returns, a survey has revealed.

• PRI appoints external advisor after two more Danish signatories exit

  20 December 2013

  The Principles for Responsible Investment (PRI) today pledged to appoint an independent external advisor to review its governance after two more Danish signatories exited the initiative as a result of governance concerns.

• Autodesk, Unilever and Eli Lilly top emissions sustainability ranking

  20 December 2013

  Autodesk, Unilever and Eli Lilly were named the most sustainable companies in a study that rated 100 firms according to their operational emissions intensity.

• EIB's Knowles joins CBI panel

  20 December 2013

  Christopher Knowles, head of the European Investment Bank's environment division, has joined the advisory panel at NGO the Climate Bonds Initiative.

• Steven Chu joins CCS developer

  19 December 2013

  Former US Energy Secretary Steven Chu has joined the board of a company that has developed a "breakthrough" carbon capture and storage (CCS) technology.

• Solar PV 'set for bright year' in 2014

  19 December 2013

  Strong demand from Latin America, China and Japan will help drive a sharp increase in solar photovoltaic (PV) installations in 2014, a research note claims.

• HSBC's Climate Change Index outperforms in 2013, led by energy efficiency

  19 December 2013

  HSBC's Climate Change Index (CCI) has outperformed wider markets so far in 2013 for the first time since 2007, after making a "remarkable return to favour" among public investors.

• World's largest solar power tower project rejected

  18 December 2013

  California state regulators have preliminary rejected a project that was set to become the largest solar power tower in the world, in a blow for solar thermal technology.