News

• Water disclosure rising, but so is the risk – Ceres

  18 June 2012

  More US companies are disclosing information on water risk exposures following changes to filing requirements made by the US Securities and Exchange Commission (SEC) in 2010, according to a Ceres report released today, but more needs to be done, the investor and environmental coalition says.

• Sustainability reporting falling among large corporations

  18 June 2012

  Regulation is required to reverse a fall since 2008 in the percentage of large companies reporting sustainability data, according to Aviva Investors.

• Investors yet to respond to €640bn EU energy efficiency opportunity

  18 June 2012

  Implementing the EU Energy Efficiency Directive (EED) will require investment totalling €640 billion ($808 billion), according to a study by the Danish Energy Agency (DEA) – although investors are awaiting national-level implementation.

• PRI to explore sustainability 'value-add' for private equity

  15 June 2012

  The Principles for Responsible Investment (PRI) is studying how sustainability management can enhance private equity returns.

• Standard Chartered wins FT/IFC sustainable finance award

  15 June 2012

  Standard Chartered has been named Global Sustainable Bank of the Year at the Financial Times/International Finance Corporation Sustainable Finance Awards, while impact investment firm Bridges Ventures was given an award for excellence.

• Welspun Energy invests $250m in Indian wind power

  15 June 2012

  An Indian renewable energy company is investing $250 million in two wind energy projects in the Indian state of Karnataka, and is raising $750 million in debt from unnamed banks to finance the projects.

• EU agrees landmark energy efficiency law

  14 June 2012

  European policymakers reached agreement late on Wednesday night on the EU's first-ever energy efficiency law, which should deliver a 15% energy saving below business-as-usual in 2020, up from the 9% expected from current policies.

• SolarCity and Bancorp collaborate on sixth solar fund

  14 June 2012

  SolarCity and US Bancorp have launched a tax equity fund to finance up to $250 million in residential solar projects.

• MLPs for renewables not happening this year, says ACORE

  14 June 2012

  The American Council on Renewable Energy (ACORE) does not expect Congress to adopt legislation to allow renewable energy projects to use master limited partnerships (MLP) this year even though a companion bill to the Senate proposal may soon be introduced in the House of Representatives.

• Promise of legislative fix pushes NJ SREC prices higher

  14 June 2012

  New Jersey solar renewable energy certificate (SREC) prices have rebounded in recent weeks as bills to rescue the market make their way through the state legislature.