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BP's ESG recovery could take years - analysts
22 November 2012BP's $4.5 billion Deepwater Horizon settlement with the federal government marked an important step towards repairing its reputation, but analysts warn it could take several years to regain its status as a leading socially responsible investment (SRI).
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JP Morgan puts EcoSecurities on the block
21 November 2012JP Morgan is mulling the sale of EcoSecurities, Environmental Finance has learned.
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Boom forecast in 'green infrastructure' investment
21 November 2012A significant increase in institutional investments in 'green infrastructure' is expected in the coming years as the market matures, says Paradigm Change Capital Partners.
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Endurance buys Galileo, forms weather risk unit
21 November 2012Galileo Weather Risk Management has been snapped up by insurer Endurance, where it will be relaunched as a new business unit alongside the latter's catastrophe, property and agriculture divisions.
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Wind power creates more economic benefits than gas - report
21 November 2012Wind power generates greater economic benefit in European economies than the most competitive fossil fuel alternative, a new report by international consulting firm Ernst & Young has claimed.
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Investments in reducing emissions generate positive annual returns - CDP
20 November 2012Companies investing in reducing their emissions have generated an average annual return of 33% on those investments, according to a new report.
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Investments and savings of 'millions of citizens' put at risk by inadequate climate policies
20 November 2012Millions of people's investments and retirement savings will be placed in jeopardy unless governments implement ambitious climate change policies urgently, investor groups representing $22.5 trillion in assets have warned.
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Report delivers 'wake-up call' to bond markets
20 November 2012A report claiming that credit ratings are failing to take into account the destruction of countries' natural resources must serve as a "wake-up call" to sovereign bond markets, it was claimed.
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Sandy losses will overwhelm federal flood programme
20 November 2012The "staggering" flood losses created by Superstorm Sandy are set to leave the National Flood Insurance Program (NFIP) in the US needing to borrow billions more dollars to cover claims.
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PRI appoints MD, names new signatories and exclusions
19 November 2012The Principles for Responsible Investment (PRI) Initiative has appointed a managing director, and released a list of the most recent signatories and departures.