Political and business leaders warned of need to ensure sustainable growth An unprecedented $14trn (£8.8trn) greening of the global economy is the only way to ensure long-term sustainable growth, according to a stark warning delivered to political and business leaders as they descended on the World Economic Forum in Davos yesterday. Only a sustained and […]
Tiny steps forward, where bold moves are required BankTrack, the international NGO network monitoring investment decisions and sustainability commitments of large international banks, today submitted its comments on the Equator Principles III draft text (EPIII) [1]. The submission followed a meeting in London on September 25 where BankTrack shared its view on EPIII with the […]
The remainder of Aviva Investors’ sustainable and responsible investment (SRI) team is to move to Alliance Trust Investment, which has struck an investment-advisory agreement to manage the insurance giant’s £1.2 billion ($1.9 billion) in SRI funds. The move follows the announcement, in January, that Aviva Investors would shed 160 positions, or 12% of its staff, […]
Putting money into sustainable companies between 2005 and 2011 would have yielded a return on investment 15% higher than investing in a benchmark index, according to a study by Oekom Research. The sustainability analysis firm compared the performance of its Prime Portfolio Large Caps (PPLC) – a portfolio of 300 major companies that had satisfied […]
The Roundtable on Sustainable Biofuels (RSB) is pleased to announce its decision to recognize the standard of the Sustainable Agriculture Network (SAN), which is implemented by the Rainforest Alliance, to certify compliant farm operations. This recognition builds upon a benchmarking process conducted by RSB and SAN, with technical support from The Proforest Initiative to compare […]
This study is part of the Sustainable Development in the 21st century (SD21) project. The project is implemented by the Division for Sustainable Development of the United Nations Department of Economic and Social Affairs. “Our population trajectory means that from now to 2030, the world will need to build the equivalent of a city of […]
The green credit guidelines issued today by the China Banking Regulatory Commission (CBRC) provide a leading regulatory framework in green lending, says WWF, the global conservation organization. “This is a transformative development for China. The guidelines, which apply to both national and overseas credit by Chinese financial institutions, acknowledge the essential role of the banking […]
The European Bank for Reconstruction and Development (EBRD) invested €2.6 billion ($3.43 billion) in sustainable energy projects in 2011. Last year’s investments under the bank’s Sustainable Energy Initiative were up more than a fifth from the €2.1 billion invested by the EBRD in these types of projects throughout central Europe and central Asia in 2010. […]