96% of the renewables industry apprehensive about UK targets
A survey of senior managers from some of the UK’s leading renewables firms has shown that only 4% are confident that the UK can meet its clean energy targets in time for 2020. The Renewable Energy Association’s (REA) Renewables Industry Confidence Index looks at the current and future state...
Parties agreed on press regulation measures
A deal has been reached for a royal charter, backed by a “small piece of legislation”, to be implemented in order to regulate the press. The agreement comes after Lord Justice Leveson’s report into media ethics and press intrusion called for an independent body, regulated by statute, to oversee...
New low-carbon cars will save drivers fuel
Drivers could save £350 a year in fuel if new rules on carbon emissions are adopted by the EU, a report has revealed today. The study explains that if the EU imposes a cut on average emissions from new cars, from the current target of 130g/km of CO2 in 2015...
Investors down under call for ethical investment
Forty per cent of investors from Australia and New Zealand have said that their superannuation funds should take into account environmental and ethical impacts, according to a survey. The research, conducted by The Australia Institute, shows that more of the countries’ investors want their fund managers to incorporate these...
Environmental threats to be addressed by UN sustainable development goals
UN officials have stressed that challenges around eradicating poverty and promoting education, social development and health, “must be addressed” in the sustainable development goals (SDGs). After the Rio+20 conference and the subsequent resolution document, The Future We Want, was published back in June 2012, a working group of 30 countries...
Reductions in solar costs has boosted clean energy deployment
The falling costs of clean energy, particularly solar PV, have boosted the widespread deployment of renewables technologies, according to the Clean Energy Trends 2013 report. The study, released on Tuesday by cleantech research firm Clean Edge, shows that solar PV has experienced a rapid decline in cost. Only five...
Introducing: The Guide to Ownership 2013
Active ownership is one of the most crucial parts of investment and long-term wealth creation. And communicating that very fact is the reason we’ve published this Guide to Ownership. A parliamentary reception took place earlier this week to celebrate Ownership Day – an event co-ordinated by the UK Sustainable Investment and Finance...
US bans Shell from Arctic drilling until safety fears are eliminated
The US interior department has banned oil giant Shell from extracting fossil fuels from Arctic waters until it can prove it is 100% able to deal with the harsh conditions and the impacts of a possible spill. After a 60-day review of the firm’s operations, the department expressed its...
Australian financial planners club together for ethical investment
Several ethical financial advisers from Australia have pitched together to serve as a co-operative platform for increasing awareness about responsible investing. The co-op, which has been unofficially running for almost two years but was only formally launched recently, is a combination of nine independent finance advisers (IFAs) from the...
Chinese firms see sustainability reporting boost
On the day that Xi Jinping is officially confirmed as the new president of China, a report reveals that a third of Chinese companies have public sustainability initiatives. The report, Sustainability Matters 2013: How Companies Communicate and Engage on Sustainability, highlights the country’s improvement in transparent environmental and carbon...
Values-based banks call for transparency, sustainability and diversity
The Global Alliance for Banking on Values (GABV), a coalition of some of the world’s foremost values-driven banks, has released the Berlin declaration – a three-step guide that aims to help shift the financial system onto a more sustainable, long-term footing. Written up at the network’s annual meeting in...
Pope Francis: assuming responsibility for nature?
The world’s 1.2 billion Catholics have a new leader, after Argentinian Cardinal Jorge Bergoglio was elected Pope Francis I in an historic ceremony at the Vatican last night. The new pope must take a strong position on climate change and environmental degradation – but as luck would have it,...
Your budget: tell us what you want to see
George Osborne is set to give his 2013 budget speech next Wednesday, March 20 – and now’s your chance to tell us what you want the chancellor to say. We described last year’s budget as “unsustainable”, and questioned why the environment wasn’t given high importance by the so-called “greenest government ever“. This...
Treasury launches Islamic Finance Task Force to make London global hub
The government has launched the UK’s first Islamic Finance Task Force – a project aimed to promote London as the western world’s hub for Muslims to invest in. By promoting the international profile of the UK Islamic Finance Secretariat (UKIFS), the scheme aims to facilitate inward investment, whilst strengthening...
Co-operative launches new ethical plan
The Co-operative Group has launched its ethical plan for 2013-2015, in which it sets itself new sustainability targets on its way to being “the most socially responsible business in the UK”. “The Co-operative has always had a purpose beyond profit, and recognises that some things are plainly unjust and...
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