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 a 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 than4 million people, offsetting 3.3 million tons of carbon dioxide emissions and mobilizing $172 million of co-financing.
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. With more than 100 active energy investments, E+Co’s portfolio encompasses solar, wind, hydro, biogas, LPG and energy efficient businesses.
This year’s winners of the FT Sustainable Banking Awards , presented by the Financial Times and the International Finance Corporation (IFC) of the World Bank Group, were announced, June 3,2008, at The Dorchester in London; concluding the 2008 FT/IFC SustainableBankingConference.
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