-
Sustainability principles boost private equity returns - IFC
20 June 2011The International Finance Corporation (IFC) has found applying sustainability criteria improves the financial returns of private equity investments.
-
Itaú Unibanco named sustainable bank of the year
17 June 2011Brazilian bank Itaú Unibanco was yesterday named sustainable bank of the year, in an annual ceremony organised by the International Finance Corporation and the Financial Times.
-
US ethanol tax-break on the block
17 June 2011US Senators have voted overwhelmingly to abolish a controversial tax break for corn ethanol.
-
PRI launches major review of reporting and assessment process
17 June 2011The Principles for Responsible Investment (PRI) is to carry out a "massive review" of its reporting and assessment process, to reflect evolving practices in responsible investment.
-
SEB bolsters green bonds team
17 June 2011Swedish bank SEB, one of the pioneers of the environmental bonds market, has bulked up and formalised its sustainable products department in what its head describes as a vote of confidence in the sector.
-
Thinking globally, investing locally
16 June 2011M&A in the renewables sector is hotting up – but investors are cautious, crave policy certainty and, to a large degree, are staying close to home, says KPMG's Andy Cox
-
US ethanol tax break survives repeal effort
16 June 2011Tax credits for ethanol production remain on the US statute books, after an effort by Senate Republicans to repeal the support mechanism failed.
-
Sustainability rating standard needed to 'avoid next BP' – Ceres, Tellus
16 June 2011Investor coalition Ceres and the Tellus Institute have launched an initiative to develop a standardised corporate sustainability ratings – with the aim of "avoiding the next BP disaster".
-
Leading companies call for deeper EU carbon cuts
16 June 2011Companies with a combined turnover of more than €1 trillion ($1.4 trillion) – greater than the collective GDP of Poland, Sweden and Austria – have called for the EU to deepen its 2020 emission reduction targets.
-
Google invests $280m in solar loans for homes, Suntech promises finance
16 June 2011Google has invested $280 million to set up a residential solar fund with installer SolarCity, which leases systems to households that want to avoid the upfront costs of buying and installing their own solar panels.