Winner TBLi-IPE ESG Leaders Award Outperforms Benchmark

Nikko Asset Management’s Luxembourg-domiciled World Bank Green fund has returned 11.6% in its first 12 months – annualised as at 28 February 2011 – versus the benchmark return of 9.7%, supported by conservative currency positioning.

The green bonds fund – which scooped the ‘Most Innovative Development in ESG’ (environmental, social, governance) prize at IPE and TBLI’s annual ESG Leaders Awards Ceremony in November 2010 – has raised almost £400m (€460m) from institutional investors in Europe and the Middle East, as well as Japanese investors, in the run-up to its first anniversary.
©Nina Röhrbein IPE 17/3/2011

Energy Professionals call for more Renewable Energy

As part of their Better World campaign, http://www.abb.com/betterworld, ABB commissioned a Bloomberg Businessweek Research Services survey to ask energy professionals their views on the key energy issues facing the world today. Makes perfect sense. Let’s go straight to the experts: renewable and non-renewable energy producers, energy distributors, end users, consultants, and government/NGO officials working on energy policy. A total of 468 energy industry stakeholders.

The key take-aways…

“76% of energy professionals believe government regulations should require utility companies to produce more energy from renewable sources.”
“89% of energy professionals believe government incentives trump markets in driving energy efficiency uptake by consumers.”
“81% of energy experts think smart grid technology is important for creating a cleaner, stronger system of the future.”
“63% of energy professionals believe the greatest opportunities for improving efficiency in the energy value chain can be found among industrial end users.”