Devon set to get 4.8MW solar development
After securing planning permission in 2012 for what will be the UK’s largest solar project to date, clean energy firm TGC Renewables has been given the go-ahead for a 4.8 megawatt (MW) development in Devon. Some 20,680 solar panels will be installed on 12 hectares of land near Totnes,...
Scientists disappointed with government’s protection of seas
Scientists have criticised the government for not providing enough protection for the marine environment. They warned the lack of action will result in “years of overexploitation and degradation“. An open letter signed by 86 scientists and academics was sent to David Cameron and environment minister Richard Benyon, accusing them...
Ethical fund challenges stock’s involvement in tobacco sector
Fund manager Australian Ethical has urged one of its stocks – recycling giant Tomra – to move away from tobacco, after it bought a company that manufactures specialist sorting machines for the industry. Tomra is a Norwegian company that produces “sensor-based solutions for optimal resource productivity”, with a focus...
Earth Day 2013: for our planet and our future
Today, more than 192 countries from across the world will celebrate Earth Day, to remind people that our planet is a precious resource and needs to be protected from climate change. “More than one billion people around the world will take part in the 43rd anniversary of Earth Day. Communities...
Majority of Britons want to see guidelines to end irresponsible banking
Eighty-six per cent of people think there should be a compulsory code of conduct for bankers, similar to the guidelines that doctors and lawyers must adhere to. In a survey conducted by consumer group Which?, 85% said this code of conduct should be underpinned by law. The research comes...
Introducing: The Guide to Corporate Social Responsibility 2013
Welcome to Blue & Green Tomorrow’s Guide to Corporate Social Responsibility 2013. In these pages, we outline why CSR, responsible business, sustainability – whatever you wish to call it – cannot simply be an obligatory side-project that comes to the fore every 12 months in the form of a glossy report. This isn’t corporate...
Church of England investing bodies set out policy for sustainable executive rewards
The Church of England’s three national investing bodies, which manage some £8 billion in assets, have published an updated policy that seeks to reward top-level executives based on their sustainability credentials over the longer term. The policy, by the Church Commissioners for England, the Church of England Pensions Board...
Report says investing in fossil fuels is a ‘very risky decision’
The majority of fossil fuels are “unburnable” if governments want to stay within their carbon emission limits, according to a comprehensive report by leading economists. Unburnable carbon 2013: Wasted capital and stranded assets, by Carbon Tracker and the London School of Economics’ Grantham Research Institute, says that some 60-80%...
Two US polls contradict independent research on sustainable investment
Two polls, by Spectrem’s Millionaire Corner in the US, claim that high net-worth and millionaire investors are more concerned about returns than about social responsibility. Details of the first study were released on April 9, under the headline, High net-worth not big on socially responsible investments. It claimed less...
Plants inspire scientists to use hydrogen for energy
Inspired by plants, Scottish scientists have harnessed the principles of photosynthesis to generate clean energy from hydrogen. The breakthrough, they say, offers a potential solution to the global energy crisis. Published in the journal Nature Chemistry, the scientists, from the University of Glasgow, said that the innovation could generate green...
Global clean energy investment drops to lowest level since 2009
Global clean energy investment in the first three months of 2013 dropped to a four-year low, according to research firm Bloomberg New Energy Finance (BNEF). BNEF’s latest figures show that $40.6 billion (£26.6 billion) was invested globally during the first quarter of the year. However, this sum is 22%...
National Trust plans ambitious renewable energy rollout
Conservation group the National Trust has unveiled a £3.5m deal, in conjunction with renewable electricity supplier Good Energy, which will see it make its first steps in producing half of its power from clean sources. Forty-three National Trust sites will benefit from the investment, which includes the installation of...
International Arctic forum launched to help alleviate region’s threats
Iceland president Ólafur Ragnar Grímsson has revealed that China, India and Singapore are among the countries that could join the Arctic Circle, a new forum designed to widen the attention of the region’s threats. The group’s inaugural meeting will be held in October, in Iceland’s capital, Reykjavik. Only eight...
Governments are throwing ‘green money after brown’
Wealthy nations are spending billions on fossil fuels subsidies while receiving funds to tackle climate change, according to a study. The report, At cross-purposes: subsidies and climate compatible investment by the Overseas Development Institute (ODI), reveals that subsidies for dirty energy currently dwarf efforts to promote green measures and clean...
New chief executive unveiled for sustainable investment trade body
The UK Sustainable Investment and Finance Association (UKSIF) has unveiled Simon Howard as its new chief executive, replacing Penny Shepherd. Howard, who has held senior roles at Liverpool Victoria, Friends Provident and 3i Asset Management, has experience in the sustainable finance sector through his role as head of sustainable...
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