Financial Times Awards E+Co Sustainable Investor of the Year
Wednesday, June 4, 2008
Bloomfield, NJ – 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. 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.
“I am proud of the team that made this achievement possible, and proud to be affiliated with E+Co,” says E+Co board member, John Gilliland.
It is E+Co’s combination of business support services and capital that distinguishes its 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 in its 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 non-profit investment company that invests business support services and capital in 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.