News

• Trading Emissions sees NAV halve as sell-off continues

  04 November 2013

  Trading Emissions plc (TEP), an investment fund specialising in environmental assets and carbon credits, saw its net asset value fall to £75.1 million ($119.8 million) from £157.3 million during its financial year ending 30 June.

• Infinis passes milestone on road to '£930m' float

  04 November 2013

  The renewables company run by private equity giant Terra Firma, has provided further details of its plans to float this month, in a move expected to value the company at up to £930 million ($1.5 billion).

• Hong Kong-listed solar firm to buy bankrupt Suntech unit for $492m

  04 November 2013

  A Chinese solar company will pay RMB3 billion ($492 million) to acquire the insolvent manufacturing unit of solar panel giant Suntech.

• Call for coalition to drive green bond market growth

  01 November 2013

  Citi and Bank of America Merrill Lynch have attempted to accelerate the growth of the fledgling green bond market by calling for a collaboration of investors, issuers and dealers to drive its development.

• Calvert launches innovative green bond fund

  31 October 2013

  Calvert Investments has today launched an innovative green bond fund designed to tap into growing demand for environmentally friendly investments.

• Sustainability reporting 'hits plateau'

  31 October 2013

  The growth in the number of listed companies reporting key sustainability metrics is "slowing dramatically", a report has warned.

• Companies' efforts to tackle water risk are 'inadequate'

  31 October 2013

  Companies increasingly recognise that threats to their water security pose a significant risk to their business, but their response to problem is often "inadequate and misguided", the latest CDP Global Water Report has warned.

• Impact investments can match traditional asset returns, studies claim

  31 October 2013

  Two studies of impact investments claim to show that investors would sacrifice little, if any, financial return by selecting their assets on environmental and social as well as economic grounds.

• 'St Jude' storm could cost UK insurers £500m

  30 October 2013

  UK insurers could be hit by £300 million - £500 million ($480m-800m) of claims related to damage caused by the St Jude storm, which struck the UK on 28 October, broker Willis Re estimates.

• Carbon risks to investors similar to sub-prime mortgages - Al Gore

  30 October 2013

  Investors face a similar risk from carbon-intensive assets as they did from sub-prime mortgages, Al Gore, former US vice president and co-founder of Generation Investment Management, suggested today.