Monday 2nd March 2015                 Change text size:

New York By William Warby via Flickr

Sea levels near New York ‘jumped’ by 4 inches in 2 years

Sea levels from New York to Newfoundland increased by four inches between 2009 and 2010 because ocean circulation changed, according to a new study. The findings suggest that extreme sea level rise events could occur more frequently if greenhouse gas emissions continue to rise. The study, which was led...


Money plant - 401(K) 2012 via Flickr

Global sustainable investment reaches $21.4tn

Between 2013 and 2014 the global sustainable investment market grew by 61%, according to a new report. Last year the market saw $21.4 trillion (£13.8) in assets invested sustainably, compared to $13.3 trillion (£8.5tn) in 2012. The report, from the Global Sustainable Investment Alliance, collates the results from the...


HSBC canary wharf by julian mason via Flickr

Banks aiding tax evasion could face fines

Banks and other companies that are helping clients to evade taxes could face fines in the future. Reports suggest that chancellor George Osborne will use next month’s Budget to target tax evasion. The comments come after HSBC’s Swiss arm has been accused of helping wealthy clients avoid paying taxes....


Corn Field in Summer Drought

Report: UK will need to import half of food to meet 2040 demand

Farming leaders have warned that by 2040 the UK will need to import almost half of its food to meet demand as the population rises. A report from the National Farmers’ Union (NFU) warns of “serious implications” for the economy and food security if the country does not improve...


Uk wood by Simon Harrod via Flickr

George Osborne urged to deliver a green Budget

Greater resilience and benefits for the UK economy could be achieved through a green Budget, that considers that the natural environment and responds to global challenges, according to environmental group WWF UK. Chancellor George Osborne will deliver his final Budget before the General Election on 18 March. In a...


eu flag by hisks by Freeimages

EU calls for 60% emission cut by 2050

The European Union has said it wants to see a legally binding emissions cut of 60% by mid-century and reviews every five years agreed at the UN climate summit in Paris later this year, according to a leaked document. The treaty set to be agreed in Paris will replace...


Hand over keyboard

Companies turning to social media to communicate sustainability

Global companies are increasingly turning to social media to communicate their sustainability initiatives to the public, according to a report from Sustainly. The trend comes as consumers are taking more factors into account when making purchasing decisions. The report looked at how 475 global companies communicate their sustainable actions...


wind turbine construction by Henry Burrows via Flickr

2014 a record breaking year for wind turbine manufacturers

For wind turbine manufacturers, 2014 was a record breaking year, according to FTI Consulting, indicating that the renewable energy is performing well. However, the sector could see a fall in demand in 2016 because of regulatory uncertainty. The findings come from the organisations report Global Wind Market Update –...


euros by Images Money via Flickr

Deutsch Bank to invest €1bn in green bonds

Deutsche Bank has announced its intention to invest €1 billion (£730m) of its portfolio into green bonds, stating that the market “matured” last year and offers an opportunity to fund sustainable energy projects whilst achieving “attractive returns”. Green bonds operate in the same way as traditional bonds, paying out...


Harvard Uni By Will Hart via Flickr

High-profile Harvard alumni back calls for fossil fuel divestment

A number of high-profile Harvard alumni have lent their support to calls for the university to divest from fossil fuels. Signatories, which include Hollywood actress Natalie Portman and Nobel laureate Eric Chivian, note both the moral and financial case for divestment. The university has faced increasing pressure to divest...


Polling station By Martin Bamford via Flickr

Vote for Policies launches ahead of General Election

Vote for Policies, an online service that allows people to see which party their views most align with, has launched its 2015 edition ahead of the General Election in May. The site aims to engage with five million voters before polls are cast. Vote for Policies presents users with...


harvard by See-ming Lee via flickr

Harvard faces court over fossil fuel divestment

Harvard, the world’s richest university, is set to appear in court over calls to divest from fossil fuels, Harvard is asking the court to dismiss the case against it. A group of students filed a lawsuit against Harvard for “mismanagement of charitable funds”. The suit, filed by seven students,...


Numbers And Finance

Osborne faces calls to close ‘Mayfair’ tax loophole

Chancellor George Osborne is facing increasing pressure to close the ‘Mayfair’ tax loophole, after a report found that private equity bosses are using it to cut their tax bills. The group behind the report has called the loophole “government-sponsored tax avoidance”. The report, from campaign group 38 Degrees, suggests...


eu flag by hisks by Freeimages

EU Capital Markets Union to include focus on long-term investment and trust

The European Commission has set out the priorities of the Capital Market Union, including a focus on the long-term and rebuilding trust in a Green Paper. However, a campaign group has said the proposals are “underdeveloped” in these areas.  European commission vice-president Jyrki Katainen explained that the Capital Markets...


school of fish by Maurizio Carta via freeimages

Helena Bonham Carter joins calls for vast UK marine reserves

The UK government is being urged to create vast marine reserves around three overseas territories from a group of more than 100 individuals and organisations, including actress Helena Bonham Carter. The Blue Marine Foundation, which has spearhead the campaign as part of the Marine Reserves Coalition, explains that the...



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