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Corporate Social Responsibility
News
6.04.2008 - 10:11am ET
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Financial Times Announces E+Co As "Sustainable Investor of the Year"
Recognizing E+Co's Outstanding Triple Bottom-Line Impact
(CSRwire) BLOOMFIELD, NJ. - June 4, 2008 - E+Co, a non-profit investment company that
tackles climate change and poverty by investing in clean energy businesses
in Africa, Asia and Latin America, has been officially awarded as the
Financial Times’ prestigious Sustainable Investor of the Year. As one of
five categories at the 2008 FT Sustainable Banking Awards, the Sustainable
Investor of the Year award highlights groundbreaking achievement in the
area of sustainable investment, recognizing programs with outstanding
triple bottom-line impact.
"You hear talk about boutique investing, about SME investing, about
technology investing; E+Co brings all three together. An inspiration,"
states the 2008 Judging Panel of the Financial Times' Sustainable Banking
Awards.
E+Co creates its direct impact by investing in individual energy
enterprises and building a portfolio of companies that provide clean
energy products and services. These impacts are then measured across a
triple bottom line of financial, social and environmental impacts. To
date, E+Co has brought energy to more than 4 million people, offsetting
3.3 million tons of carbon dioxide emissions and mobilizing $172 million
of co-financing. With more than 100 active energy investments, E+Co's
portfolio encompasses solar, wind, hydro, biogas, LPG and energy efficient
businesses.
It is the combination of services and capital that distinguishes E+Co's
work from others in the clean energy field. E+Co's approach is to empower
local small and medium enterprises that supply clean and affordable energy
to households, businesses and communities in developing countries.
Presented by the Financial Times and the International Finance Corporation
(IFC) of the World Bank Group, E+Co is officially recognized for displaying
leadership and innovation through the integration of social, environmental
and corporate governance considerations into operations. This year's
winners of the FT Sustainable Banking Awards were announced, June 3, 2008,
at The Dorchester in London; concluding the 2008 FT/IFC Sustainable Banking
Conference. More information about the FT Sustainable Banking Awards,
including judging criteria and award categories, can be found at: www.ftconferences.com/sustainablebanking.
E+Co is a non-profit investment company that provides business support
services and capital to energy businesses in Africa, Asia and Latin
America. With almost 15 years of experience and offices in Bolivia,
Brazil, China, Costa Rica, Ghana, the Netherlands, South Africa, Thailand
and the United States, E+Co's innovative business model provides lasting
solutions to climate change and poverty. For more information visit www.EandCo.net.
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