News

• Most large investors use corporate ESG data, says EY

  03 April 2014

  Nine-out-of-ten institutional investors say environmental, social and governance (ESG) data played a pivotal role in their decision making at least once in the previous 12 months, according to a survey by consultancy EY.

• Debt agreement inked for 'world's largest' geothermal project

  02 April 2014

  A geothermal development believed to be the world's largest secured $1.17 billion in debt from eight banks this week, in a move that could "open the floodgates" for further projects using the technology in Indonesia.

• Energy efficiency market '1.5 times bigger than renewables', report claims

  02 April 2014

  The market for energy efficiency investments is worth an estimated $365 billion, making it bigger than the equivalent spending on renewables, according to a new report.

• Wider pool of investors likely for solar assets, says McKinsey

  02 April 2014

  As the number of solar energy installations continues to increase, new financing options are emerging that will attract a broader range of investors to the sector, according to consultants McKinsey & Co.

• Kepler Cheuvreux hires former Deutsche Bank carbon analyst

  01 April 2014

  Former Deutsche Bank carbon analyst Mark Lewis has been appointed as a senior member of brokerage Kepler Cheuvreux's sustainability research team.

• Exxon disappoints investors with response to 'stranded assets' risk

  01 April 2014

  ExxonMobil has rejected the suggestion from several investor groups that much of its fossil-fuel reserves will be rendered 'unburnable', as a result of global efforts to combat climate change.

• Record breaking quarter for green bonds boosted by corporate issues

  01 April 2014

  The green bond market broke fresh records for issuance in the first quarter of 2014, with corporate issues nearly matching those of development banks.

• Pax World launches new ESG fund

  01 April 2014

  Sustainable asset manager Pax World has launched a new passively-managed fund that seeks to emulate the returns from an MSCI environmental, social and governance index.

• Most European companies already impacted by climate change, says CDP

  01 April 2014

  Most European businesses believe they are already being affected by climate change and that it presents far more risks than opportunities, according to the pressure group CDP.

• Energy tech firm PassivSystems plans IPO

  31 March 2014

  A UK firm specialising in energy-saving technology, plans to float on London's Alternative Investment Market (AIM) next month, with the hope of raising up to £12 million ($20 million).