Monday 20th October 2014                 Change text size:

calculating-stocks

Study links high ESG ratings to positive investment portfolio performance

Asset managers can create better-performing portfolios by excluding stocks with lower environmental, social and governance (ESG) ratings, according to new research. The study by New Amsterdam Partners used the Thomson Reuters Corporate Responsibility Ratings, which screens the ESG ratings of almost 5,000 companies. Analysts compared randomly selected, equally weighted portfolios...


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MSCI launches tool to support fossil free investment

MSCI, a provider of investment decision support tools, has launched a new set of carbon and fossil fuel metrics to aid investors wanting to reduce their carbon exposure. The MSCI ESG CarbonMetrics can be used as a tool for divestment screening, portfolio footprinting and engagement with corporatea on climate-related...


meat-counter

Elliot reivew calls for special unit to fight food crime

Britain should form a special unit to tackle food crime in the wake of the 2013 horsemeat scandal, according to a government-backed report by food security expert Chris Elliott. Elliott, professor of food safety and director of the Global Institute for Food Security at Queen’s University Belfast, has said...


Soloman Islands by Luigi Guarino via Flickr

Samoa UN climate conference generates $2bn in island-to-continent environmental partnerships

Nearly 300 partnerships have been forged between governments, businesses and civil society organisations at a UN climate conference, generating $1.9 billion (£1.1bn) supporting small island developing states in achieving sustainable development. At the conclusion of the Third Conference on Small Island Developing States, secretary general of the Conference, Wu...


Ban ki-moon BY Control Arms via Flickr

Ban Ki-moon: world must act on climate change now

UN secretary-general Ban Ki-moon has expressed his concern that the world is not acting fast enough to mitigate climate change, ahead of a UN climate summit set to be attended by world leaders this month. The secretary-general said that climate change has been one of his top priorities since...


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Greenpeace warns of ‘long road ahead’ for truly green gadgets

Ahead of Europe’s largest consumer technology show, to be hosted in Berlin this week, Greenpeace has analysed the environmental progress being made by companies attending the IFA 2014. The report, titled ‘Green Gadgets: Designing the future’, evaluates the progress and subsequent future challenges facing 16 leading consumer technology companies....


Photo: Shelter

Expand cities into greenbelt to solve housing crisis, says Wolfson Prize winner

The winner of the 2014 Wolfson Economics Prize has suggested that the UK solve its housing crisis by allowing existing towns and cities to expand into the greenbelt. David Rudlin, an urban planner, was unveiled as the winner at a gala dinner on Wednesday night, picking up a prize...


wind turbine by Colin Brough via Freeimages

Green Port Hull wind turbine manufacturing plans approved by council

Plans to build a new wind turbine production and installation facility in Hull have received approval from Hull City Council’s Planning Committee. In March, Siemens and the Associated British Ports (ABP) announced a joint investment of £310 million in the project. The firms have said that the project will...


China and the US

China and Indian leaders will not attend UN Climate Summit

Both president Xi Jinping of China and Indian prime minister Narendra Modi have confirmed they will not be attending the UN Climate Summit, greatly undermining the possibility of a global pact to reduce greenhouse gas emissions. China is currently the world largest greenhouse gas emitter, followed by the United...


Nuclear - Paul J Everett via Flickr

EDF confirms nuclear reactors may stay offline until end of the year

EDF has confirmed that four of its UK nuclear reactors that were shut off last month for safety reasons will not fully resume operations until the end of the December, sparking fears over electricity shortages during winter. The reactors at Heysham 1 and Hartlepool were shut down in August...


coal power plant by Emilian Robert Vicol via flickr

Carbon credits can boost economic development and conservation

New research has valued the benefits of carbon offsetting at $664 (£403) per tonne, judging the positive impacts on communities where carbon reduction projects take place. As a result, researchers say businesses have an opportunity to use the voluntary carbon market in their sustainability strategies. The research – Unlocking...


Shaun Dunphy via flickr

Standard & Poor’s: reinsurers underestimate impact of climate change

Rating agency Standard & Poor’s (S&P) has warned that most reinsurance companies do not believe that climate change is having “a material quantifiable impact on their current risk exposure”, despite evidence that extreme weather is likely to cause huge damage over the coming decades. S&P takes a sceptical approach...


f.dybuncio via Flickr

Number of UK workers trapped in low pay jobs on the rise

The workforce of the UK’s cities is becoming increasingly divided between high and low wage jobs, with opportunities in the middle fading and social mobility failing, according to a new report that warns being employed does not mean being out of poverty. The study, Unequal Opportunity, by the thinktank...


Badger - hehaden via Flickr copy

Government launches badger vaccination scheme

The government has launched a scheme to vaccinate badgers against bovine tuberculosis, to prevent its spread to cattle. Last year the government faced criticism for allowing culls to go ahead in a bid to control the spread of the disease. Last month a second controversial badger cull was given...


david attenborough by JrScientist via Flickr

Sir David Attenborough warns of the ‘escalating erosion of wildlife’

Naturalist Sir David Attenborough has warned, ahead of the Conference for Nature in London, that the continued destruction of the environment “threatens us all”. However, he insists we still have a chance to save it. Individual responsibility that promotes conservation and the pursuit of “game-changing” solutions to problems facing...



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