Thursday 24th April 2014                 Change text size:

Photo: Emily Whitfield-Wicks

Crowdfunder meets £500,000 equity crowdfunding target in under four hours

A crowdfunding campaign offering investors equity in the UK’s leading crowdfunding network hit its £500,000 target in a matter of hours, as over 200 investors flocked to support the digital business. Offering 10% equity, Crowdfunder said it was seeking more money “to turn more great ideas into reality”, giving...


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Eight renewables projects given go-ahead in ‘green energy investment boom’

The government has given eight major renewable projects the go-ahead as part of its electricity market reforms. The developments have been described as a significant part of the coalition’s plans to provide cleaner and more secure energy to the UK. It is anticipated that by 2020, the projects will...


Photo: Maddalena Valeri

Bloomberg Philanthropies announces $5m impact investment in solar lamp business

Former New York City mayor Michael Bloomberg’s philanthropic foundation has announced a $5m (£2.97m) investment in Little Sun, the creator of portable, solar-powered LED lamps designed for the 1.6 billion people who live without access to electricity. The social business currently works in seven African countries, as well as...


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Vince Cable calls on FTSE 100 to create sustainable remuneration packages

Business secretary Vince Cable has warned the remuneration committees of FTSE 100 companies to curb excessive pay packages or risk further action. He argued that more sustainable deals and a focus on long-term goals were needed. Cable’s comments come ahead of this year’s annual general meeting (AGM) season, which...


Photo: Steven Lilley via flickr

St George’s Day: England, adversity and the environmental crisis

St George is believed to have been a soldier in the Roman army, born to Greek Christians in around 275AD. His story is shrouded in myths and legends – some suggest he disobeyed an imperial order to kill Christians, to his own demise, while it is doubtful that he...


Photo: John Nyberg via freeimages

RBS needs to run, not walk, to become an ethical banking leader

After the Royal Bank of Scotland (RBS) released its Sustainability Review last week, Scotland’s Herald newspaper reported that the state-owned bank “aims to lead from the front on ethical banking” – although it admitted that it could take up to five years to get there. This is quite an ambition...


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Student-led fund proves socially responsible investing can be profitable

The Haas Socially Responsible Investment Fund, which is led by master of business administration (MBA) students at the University of California, Berkeley, has demonstrated that responsible investment doesn’t have to have a negative impact on returns after it beat the market by almost 5% from 2011-2014. When the fund...


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Bank of England to manage financial services security check

The Bank of England is set to oversee a series of “ethical hacking” operations of financial services firms, in a bid to assess their defences against cyber crime. Ethical hacking involves individuals attempting to penetrate networks or computer systems using the same methods as a hacker in order to...


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Cable announces public register of company ownership

The UK government is to demand that companies list their true owners on a public register, in a move that business secretary Vince Cable says will tackle “the darker side of capitalism”. The register would list the name, nationality and date of birth of anyone with an interest in...


Photo: Siemens

Siemens and sustainability: interview with Roland Aurich, UK chief executive

Roland Aurich, chief executive of Siemens UK, on sustainability, renewable energy and why the northern city of Hull is central to its future plans. The people of Hull had spent two years playing ‘will-they, won’t-they’ when they were finally given the answer they had longed for. German manufacturing giant...


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Blue & Green Daily: Tuesday 22 April headlines

Blue & Green Daily finds and summarises the top sustainability stories around the web every morning. We start with our own picks from Blue & Green Tomorrow. ‘Huge milestone’ for renewables as US navy turns seawater into fuel Matt Damon: ‘Every 20 seconds, a child dies because of lack...


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Video: Staffordshire Sunny Schools community energy share offer

Energy co-op Gen Community’s latest share offer, which aims to raise £880,000 to fund the installation of solar panel systems at 25 Staffordshire schools, closes on April 30. With just over a week left, it has produced a video to explain more about the project. Investors can invest between £500...


Photo: Michael & Christa Richert via freeimages

Impax among winners of Queen’s Award for sustainable development

More than 160 British businesses have been honoured with a Queen’s Award for Enterprise, with leading sustainable investor Impax one of only 13 firms to be recognised in the sustainable development category. Published on Monday to coincide with the Queen’s birthday, the awards honour businesses and individuals leading the...


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‘Arctic 30’ oil rig in Russia launches first shipment

Russian president Vladimir Putin has announced country’s first shipment of Arctic offshore oil. Gazprom has shipped 70,000 tonnes of oil from the Prirazlomnoye platform, which was the site of a high-profile Greenpeace protest last year. The oil rig hit headlines in September last year after 28 Greenpeace activists and...


Photo: Irish Times Business via Twitter

Matt Damon: ‘Every 20 seconds, a child dies because of lack of water’

Providing clean drinking water to the 800 million people in desperate need of it is not a supply problem, but a distribution and financing one, according to Hollywood star and philanthropist Matt Damon. “Every 20 seconds, a child dies somewhere on the planet because of lack of access to...


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