News

  • Chevron's subpoena gambit likely to 'spur on shareholders'

    13 December 2012

    Oil major Chevron's decision to subpoena Trillium Asset Management over its environmental, social and governance (ESG) advocacy efforts against the company is unlikely to deter and could actually spur more shareholder activism, say analysts.

  • Gas could hike UK bills more than renewables - report

    13 December 2012

    The UK's recently launched 'dash for gas' will leave it vulnerable to volatile energy prices, whereas more renewables could help moderate hikes in bills, the government's independent advisory body on climate change has found.

  • Doha 'didn't deliver' for REDD

    13 December 2012

    The UN climate talks in Doha failed to deliver a boost for projects that reduce emissions from deforestation and forest degradation (REDD), but hopes remain that progress will be made in 2013.

  • EDF launches private equity ESG tool

    13 December 2012

    Environmental Defense Fund (EDF) has produced an environmental, social and governance (ESG) tool for private equity fund managers.

  • US solar sector on course for record 2012, better 2013

    12 December 2012

    The US solar industry is on track for another record year of growth in 2012, with a stronger year projected for 2013.

  • Solar ITC seen safe from possible US tax overhaul

    12 December 2012

    Financing for the US solar sector would tighten without the federal investment tax credit (ITC), but the incentive appears safe through 2016 even if the US embarks on a major overhaul of the federal tax code, according to solar advocates.

  • First Climate to shut carbon desk

    11 December 2012

    A leading German carbon company is closing its sales and trading desk, Environmental Finance has learned.

  • UK energy purchase plan could give boost to renewables projects

    11 December 2012

    The 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.

  • Four in five 'mainstream' fund managers consider ESG factors – Aviva

    11 December 2012

    More 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.

  • First global climate index for asset owners reveals 'crisis of transparency'

    11 December 2012

    A 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.