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UK energy purchase plan could give boost to renewables projects
11 December 2012The UK Government Procurement Service has launched an energy purchase plan which could see it buying renewable energy worth £750 million ($1.2 billion) per year directly from power generators within five years.
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Four in five 'mainstream' fund managers consider ESG factors – Aviva
11 December 2012More than 80% of "mainstream fund managers" consider environmental, social and governance (ESG) factors when they invest, as most of them believe a company's ESG performance is linked to investment returns, according to insurance giant Aviva.
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First global climate index for asset owners reveals 'crisis of transparency'
11 December 2012A large proportion of the world's biggest investors have buried "their heads in the sand" when it comes to climate change, a lobby group claimed today as it launched the first global index for asset owners focusing on the issue.
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Banks back liquid assets
11 December 2012A combination of economic and environmental factors are creating promising investment opportunities in the water sector, say banks and fund managers. Graham Cooper reports
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Doha 'landmark' compensation agreement points to widening rich-poor gap
11 December 2012A "landmark" agreement to look into a system for compensating developing countries for disasters and damage reached at the UN climate talks in Doha risks widening the divide between rich and poor nations, it was warned today.
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RBS launches £200m carbon reduction fund
10 December 2012The Royal Bank of Scotland (RBS) has launched a fund to offer low-cost loans to help UK businesses reduce their emissions and become more energy efficient.
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Doha climate talks extend Kyoto, chart path to 2015 deal
10 December 2012The UN climate talks in Doha ended on Saturday with agreement on a second commitment period under the Kyoto Protocol as well as a work plan for a new international framework – amid criticism of a lack of urgency from NGOs.
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Business fears over energy and resource costs hit three-year high – PwC
10 December 2012The number of business leaders worried that energy and resource costs pose a threat to growth has hit a three-year high, PwC has suggested.
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Green Investment Bank hires chief risk officer
07 December 2012The UK's Green Investment Bank (GIB) has appointed Peter Knott as chief risk officer.
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Litvack to step down as F&C GSI head
06 December 2012Karina Litvack is to step down as head of governance and sustainable investment (GSI) at asset manager F&C after 15 years in the role.