06.05.08
Financial Times Announces “Sustainable Investor of the Year”
E+Co, the Bloomfield, NJ based non-profit investment company 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.
SAM Sustainable Asset Management of Switzerland was awarded as runner-up. More information about the FT Sustainable Banking Awards, including judging criteria and award categories, can be found here.
About E+Co
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.
