News

  • US SRI assets' share of overall investment shrinks

    15 November 2012

    Despite the growth in absolute value of socially responsible investment (SRI) assets in the US, their share of all assets under management in the country is down, according to the latest bi-annual study from the US Social Investment Forum (US SIF).

  • NGOs warn financial institutions on APP financing

    15 November 2012

    Sixty leading environmental and social NGOs have called on financial institutions to refuse to lend to Asia Pulp and Paper (APP), part of Indonesia's Sinar Mas Group, amid deforestation concerns.

  • FTSE to launch first investable green property indexes

    15 November 2012

    The first investable green property indexes are to be launched by the FTSE Group, marking a "milestone" for real estate markets.

  • BP, Chevron lag sector in ESG risk management – MSCI

    15 November 2012

    BP and Chevron are not doing enough to manage their exposures to environmental risks, according to MSCI, which warned that the oil and gas sector's negative impact on the environment is set to increase.

  • Deutsche AM closes high-profile climate change unit

    15 November 2012

    Deutsche Asset Management has shuttered DB Climate Change Advisors (DB CCA), its New York-based climate change investment research division.

  • Environmental insurers braced for Sandy claims, but rate impact seen unlikely

    14 November 2012

    Superstorm Sandy is expected to trigger numerous mould and other pollution claims, but will likely not cause environmental insurers to significantly raise their rates or pull back on coverage, say brokers.

  • Renewables 'to take third of power market by 2035'

    13 November 2012

    Renewables are set to close in on coal as the world's biggest source of electricity by 2035, a report has predicted.

  • Aviation wins reprieve from EU emissions rules

    13 November 2012

    The European Commission has suspended the application of its emissions trading system to international aviation, in a surprise move which gives the industry a year to come up with a global plan to control its greenhouse gas emissions.

  • Water to dictate viability of energy projects – IEA

    13 November 2012

    The amount of water consumed by energy production will almost double by 2035, and the 'thirstiness' of projects will increasingly affect whether they are economically viable, the International Energy Agency (IEA) has warned.

  • Energy efficiency can keep 2°C in reach – IEA

    12 November 2012

    The 2°C target that underpins international climate change reduction efforts is set to slip out of reach in 2017, the International Energy Agency (IEA) warned today, but an efficiency push could delay the deadline by another five years.