Bank of America to disclose climate impact of its lending practices

It has signed up with the Partnership for Carbon Accounting Financials (PCAF), which is developing a common framework to assess financed emissions

‘Less than a tenth of UK CEOs have financial incentive to go green’

New research from the Vlerick Business School suggests firms should consider introducing bonuses that reward sustainable behaviours and successes

Global businesses increasingly sourcing renewable energy

Private sector companies bought 465TWh of green energy last year – an amount close to the overall power demand of France

Sustainability key for ‘international competitiveness’

British businesses need to be more sustainable if they want to be “internationally competitive”. That’s the view of James Close, a partner at Ernst & Young, who told ELN firms in the UK should look at energy sources with lower costs to be able to compete at an international level. He stressed sustainability isn’t just […]

Thames Water appoint new chief financial officer

Thames Water have appointed Simon Siddall as their new chief financial officer. Simon Siddall will join the company as it embarks on the second year of a £1 billion investment programme to improve the Thames Valley’s water infrastructure. Martin Baggs, Thames Water’s chief executive, said: “Stuart has a proven track record as a finance director […]

Edinburgh base for Green Investment Bank?

Where should the government’s Green Investment Bank be located? If London was your initial answer, think again, because there is a growing body of opinion that believes it should be north of the border in Edinburgh. And one of the voices talking up the Scottish capital’s credentials to host the bank is Energy Secretary Chris […]