News

• China-US HFC deal could be 'huge' for carbon markets – Newcombe

  20 June 2013

  China's pledge to 'phase down' a group of potent greenhouse gases that had not been covered under the Montreal Protocol has potentially "huge" implications for carbon trading, according to one of the market's pioneers.

• Danish pension fund to invest $200m in US offshore wind farm

  19 June 2013

  A Danish pension fund has pledged to provide financing for a planned offshore wind farm in the US, the first public funding commitment to the project.

• Swiss Re stops 23 transactions on ESG grounds

  19 June 2013

  Swiss Re's latest corporate responsibility report has revealed the firm barred 23 deals last year on the grounds that they did not meet its sustainability risk framework.

• Water + emerging markets = 'tremendous opportunity', calculates asset manager

  19 June 2013

  Water treatment and water infrastructure companies active in emerging markets are a significant investment opportunity, according to an asset manager, as it revealed particularly attractive sub-sectors and stocks.

• Investors managing €65trn back EU non-financial reporting proposals

  19 June 2013

  A coalition of organisations representing more than 700 institutional investors and other financial firms say they "strongly support" a European Commission proposal to force large companies to include material non-financial information in their annual reports.

• Telecoms giant aims to slash emissions throughout supply chain

  18 June 2013

  A telecommunications giant has unveiled a new strategy to reduce emissions throughout its supply chain, and aims to help its customers reduce their carbon emissions by at least three times its current emissions by 2020.

• Asian investors 'eyeing African renewables' – report

  18 June 2013

  International investors are set to increasingly back renewables projects in Africa, with Asian investors leading the charge, a new report has claimed.

• Environmental index adds 'food, agriculture and forestry' sector

  17 June 2013

  A leading index provider has added a new sector covering food, agriculture and forestry to its environmental markets series.

• Asia's richest man buys waste-to-energy firm

  17 June 2013

  A group of companies owned by Hong Kong business tycoon Li Ka-shing has bought a Dutch waste treatment company for HK$9.7 billion (US$1.27 billion).

• MidAmerican plans $700m solar bond

  14 June 2013

  Warren Buffett's MidAmerican Energy is planning to issue a $700 million bond to help finance its 579MW solar photovoltaic project in California, according to rating agencies.