Social Funds | Responsible Investing
By Robert Kropp. Investor group led by Boston Common Asset Management in the US and FairPensions in the UK joins forces to engage with BP and Shell on disclosure of strategic risk mitigation in Canadian oil sands developments.By Robert Kropp. Lawsuit charges that Moody's and Standard & Poor's knowingly assigned inflated ratings to investments backed by sub-prime loans in order to earn lucrative fees.By Robert Kropp. A climate scientist and a business leader join forces to assert the validity of climate science, and recommend the adoption of a market-based cap-and-trade program.By Robert Kropp. Companies adopting say-on-pay include many in the financial industries, and all TARP recipients mandated to do so last year; in the absence of legislation or regulations, activist shareowners file more than 70 resolutions on the issue this year.By Robert Kropp. A report from the Environmental Justice Foundation finds that up to two million children are forced into working in Uzbekistan’s cotton fields, and recommends that apparel retailers improve monitoring of their supply chains to ensure that forced labor is not a part of them.
WBCSD | Climate + Energy
Germany invented the modern internal-combustion engine and intends to be a leader in any future automotive technology.Natural gas is becoming less like oil and more like coal, which is a good thing.The review aims to help the U.N. climate change panel avoid the kinds of errors that have brought its work into question in recent months, officials said.The European Commission said Thursday that five countries that were failing to meet targets for renewable energy could make their quota by buying electricity from North Africa and the Balkans. That could provide a boost for renewable energy in countries like Tunisia, involving companies like Terna and Steg. It also could help the Desertec project, which envisages the construction of large solar farms in North Africa, and for hydro power projects in countries like Montenegro and Albania.Europe's vanmakers have gone a long way towards meeting proposals to curb climate-warming emissions, but as debate on the 2016 targets kicks off big auto is seen digging its heels in over the last mile.
WBCSD | Corporate Responsibility
AP Moller-Maersk released its first sustainability report with its annual figures last week. Maersk is not the first shipping company to attempt to quantify its efforts in the whole basket of activities that fall under the rubric of sustainability.More companies are combining their strategies for increasing profit and addressing climate change.Researchers at I.B.M. and Stanford University said they had discovered a new way to make plastics that can be continuously recycled or developed for novel uses in health care and microelectronics.The nonprofit Ceres unveiled a comprehensive report today to help companies embed sustainability into their DNA in order to successfully compete in today's changing business landscape.IBM researchers on Tuesday said they have discovered a way to make Earth-friendly plastic from plants that could replace petroleum-based products tough on the environment.
Next Billion | Bottom of the Pyramid
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