Financial results

RE100 members outperforming peers on key financial indicators

Companies committed to sourcing 100% renewable electricity through the RE100 initiative are outperforming their peers in relation to net profit margins and earnings before tax, a new report from The Climate Group has found.

A powerful man wants purpose. What next?

Energy

Heineken couples sustainability and financial reporting as emissions tumble

A "firm belief" that business growth and sustainability go hand-in-hand has seen Heineken publish its latest sustainability report alongside a financial report for the first time, with the report highlighting rapid business expansion alongside a decrease in emissions.

Social sustainability

Mark Carney and Michael Bloomberg set out recommendations for climate disclosure adoption

Climate & nature

EU Non-Financial Reporting Directive: ‘A positive step towards a sustainable economy’

With the deadline for Member States to implement the European Union Non-Financial Reporting Directive (EU NFRD) passing earlier this week, edie has spoken to an array of industry experts to find out exactly how the legislation will affect the future of sustainability reporting and green business in the UK.

Social sustainability

Toyota tops list of greenest companies for clean energy revenue

Automotive giant Toyota has beaten Siemens, Schneider Electrics and Panasonic to the top spot of the first Carbon Clean 200 rankings, which lists the world's largest publicly listed companies by revenue generated from clean energy products.

Energy

Report: Executive boards failing to ‘walk the walk’ on sustainability

Corporate board directors are failing to deliver tangible environmental impacts despite incorporating sustainability into a company's ethos, a new report has found.

Energy

HSBC: 2014 marks start of new economic focus on climate

HSBC has said climate change will rise up the corporate finance agenda this year, highlighting three issues - impacts, carbon risk and green bonds - that will lend impetus to this.

Green Investment Bank invests £635m in first year

The Green Investment Bank (GIB) invested £635m in its first year of operation but recorded a net loss of £6.2m, according to the bank's first annual review.

LED boost fails to shed light on Philips’ disappointing profit figures

Lighting manufacturer Philips has announced that the sale of its LED lighting has risen by 38% in the first quarter of 2013 compared with the same period last year.

Modern Water revenues rocket but OP slides

Full-year accounts released today by Modern Water Group (MWG) reveal an impressive jump in group revenue and a strong financial position despite an operating loss of almost £5m.

Greener business is better business

The Environment Agency's sixth report on the environmental performance of businesses, Spotlight on business: environmental performance in 2003 is the most rounded to date. This article shows how the agency is examining many more measures of performance, and how large businesses and sectors are taking the environment more seriously than ever before.