News

• Leapfrog carbon reduction initiative jumps ahead

  25 June 2009

  The Leapfrog initiative, which aims to provide specialist volunteers to help bring emission reduction and clean technology projects to fruition, is moving ahead on several projects and is planning a formal launch on 24 September.

• More indexes to address sustainable investment

  18 June 2009

  Three index providers this week announced new products focused on companies that address environmental issues or show class-leading efforts on sustainability reporting.

• Green groups blast Senate renewables bill

  18 June 2009

  Environmental groups have slammed a US Senate bill that would implement a federal renewable electricity standard (RES) because of a weakening of its targets, vowing to push for the reinstatement of stronger mandates as the bill navigates the legislative process.

• Investors focus on deforestation disclosure

  18 June 2009

  Investors are to call on companies to examine and disclose their role in tropical deforestation, via the Forest Footprint Disclosure Project (FFDP).

• Energy efficiency stocks soar on stimulus – HSBC

  18 June 2009

  Energy efficiency and energy management (EEEM) companies within the HSBC Climate Change Index have strongly outperformed this year, thanks to support from government stimulus packages, according to an HSBC report released last Thursday.

• Eurex launches hurricane futures

  18 June 2009

  Germany-based exchange Eurex is to launch hurricane futures on 29 June, it announced on Tuesday, targeted at asset managers, hedge funds, banks and insurance and reinsurance companies.

• US government steps back up for carbon capture

  18 June 2009

  The US government has resurrected the FutureGen Project – a major carbon capture and sequestration (CCS) pilot – although its future remains far from certain.

• Biofuel funding flow switches to new technologies

  17 June 2009

  Biofuel funding flow switches to new technologies

• Triodos scoops up sustainable bank of year award

  11 June 2009

  Triodos Bank was last week named sustainable bank of the year, the first time a specialist ethical bank has won the annual award given out by the International Finance Corporation (IFC) and the Financial Times. Standard Chartered was named runner up.

• Xstrata reports emissions increase in 2008

  11 June 2009

  Greenhouse gas emissions by Xstrata, the coal and metals mining giant, rose 7% in 2008 while the carbon intensity of its operations rose by 8%, but the company remains on track to meet its 2010 target for emissions intensity.