News

  • IKEA to invest €1.5bn in renewables by 2020

    24 October 2012

    IKEA will more than double its investments in renewables and is targeting "energy independence" by the end of the decade, according to its new sustainability strategy.

  • BoAML launches 'fighting drought'-themed tradable stock screen

    24 October 2012

    Bank of America Merrill Lynch (BoAML) has created a list of stocks and a tradable stock screen comprising firms it considers to profit from fighting drought and promoting food, water and energy security.

  • CDP water survey to rank firms

    23 October 2012

    A closely watched survey of how some of the biggest global companies are responding to the challenges threatening their water supply is set to rank respondents in terms of their performance, it was revealed today.

  • Investors worth $2trn press Canadian oil sands developers on ESG

    23 October 2012

    Canadian oil sands developers must dramatically reduce the environmental and social impact of their operations, according to investors.

  • Green Climate Fund moves on private sector

    23 October 2012

    The board of the Green Climate Fund (GCF) has kicked off discussions about how to involve the private sector in its workings.

  • Hyderabad biodiversity summit 'missed opportunity'

    23 October 2012

    The UN biodiversity summit in Hyderabad successfully thrashed out a last-gasp deal to boost funding for poorer countries, but has "missed an opportunity" to incentivise businesses, leading NGOs have claimed.

  • Siemens to exit solar, focus on wind, hydro

    22 October 2012

    Siemens is holding talks with unidentified parties to sell its loss-making solar business to focus its renewable energy activities on wind and hydro power.

  • Low Carbon Accelerator warns on valuation, timing of asset sales

    22 October 2012

    Low Carbon Accelerator (LCA), the first listed venture capital fund specialising in low-carbon investments, has warned of delays in the disposal of its assets.

  • BVCA releases new responsible private equity guide

    22 October 2012

    The British Venture Capital Association (BVCA) has released an updated and significantly expanded responsible investment guide for private equity and venture capital firms.

  • North America suffers most from extreme weather

    19 October 2012

    North America has been the region most affected by weather-related extreme events in recent decades, suffering total insured losses of $510 billion from 1980 to 2011, according to a leading reinsurer.