Latest Investor Network on Climate Risk Stories
Company targets more than $100 million in total cost savings to reinvest toward key growth strategies; near-term actions result in 700 job eliminations NORTH CANTON, Ohio, April 30, 2013 /PRNewswire/ -- To help stabilize its financial position and better enable an ability to invest in key growth initiatives, Diebold, Incorporated (NYSE: DBD) today announced a multi-year global realignment plan entailing near-term and long-term actions aimed at reducing its cost structure by $100...
Global beauty company takes action to reduce climate change WASHINGTON, April 10, 2013 /PRNewswire/ -- L'Oreal joined forces in Washington, DC today with 32 other leading companies and consumer brands to urge regulators and legislators to put climate change on the federal policy agenda. Recognizing the business risks associated with climate change and having been affected by Superstorm Sandy, as were many businesses in the northeast, L'Oreal has taken concrete and meaningful steps to...
SAN FRANCISCO, March 7, 2013 /PRNewswire-USNewswire/ -- Institutional investors, such as insurance companies and pension funds, manage a combined $71 trillion in assets. As one of the largest pools of private capital in the world, these investors generally have objectives that, on the surface, appear to align with renewable energy returns. However, in a new study, "The Challenge of Institutional Investment in Renewable Energy," Climate Policy Initiative (CPI) finds significant...
The insurance industry, the world's largest business with $4.6 trillion in revenues, is making larger efforts to manage climate change-related risks, according to a new study published today in the journal Science. "Weather- and climate-related insurance losses today average $50 billion a year. These losses have more than doubled each decade since the 1980s, adjusted for inflation," says the study's author Evan Mills, a scientist in Lawrence Berkeley National Laboratory (Berkeley Lab)'s...
COLOGNE, Germany, Oct. 25, 2012 /PRNewswire/ -- One Ford plan focused on product, brand and costs to drive profitable growth in Europe Unprecedented new product acceleration will bring 15 global vehicles to Europe within five years, delivering a model lineup that is among the region's freshest to drive revenue and margin improvement Ford is taking actions to strengthen its brand image in Europe, emphasizing class-leading quality, fuel efficiency, safety, smart technology and...
MILWAUKEE, Sept. 13, 2012 /PRNewswire/ -- Johnson Controls, a global diversified company in the building and automotive industries, has been recognized by the Carbon Disclosure Project (CDP) for its approach to the disclosure of climate change information. For the fourth year, Johnson Controls is featured in CDP's "Carbon Disclosure Leadership Index." This index, a key component of CDP's annual S&P 500 report, highlights companies within the S&P 500 Index which have...
DEARBORN, Mich., June 15, 2012 /PRNewswire/ -- Ford Motor Company has released its 13th annual Sustainability Report titled "Blueprint for Sustainability: Accelerating Ahead" - a voluntary and comprehensive annual account highlighting all things sustainable, from people to products Ford's success cutting energy use in its vehicle manufacturing process - and its announcement to cut another 25 percent in the next five years - comes as global energy use is being projected to...
NEW YORK, April 4, 2012 /PRNewswire/ -- Automakers will likely make billions more dollars in profits - under proposed new national gas mileage and emissions standards that will be finalized later this summer. A new report - produced by Citi Investment Research and Analysis in collaboration with Ceres - shows that American automakers will likely enjoy the biggest percentage increase in profits (6.3 percent), pulling in an extra $2.44 billion dollars in 2020 under the standards. The...
RACINE, Wis., Feb. 29, 2012 /PRNewswire/ -- SC Johnson announced it has received a Climate Leadership Award for Excellence in Greenhouse Gas (GHG) Management (Goal Achievement). The inaugural Climate Leadership Awards recognize corporate, organizational and individual leadership in addressing climate change and reducing GHGs. The U.S. Environmental Protection Agency (EPA), the Association of Climate Change Officers (ACCO), the Center for Climate and Energy Solutions (C2ES) (formerly...
DEARBORN, Mich., Feb. 29, 2012 /PRNewswire/ -- Ford has been recognized with a Goal-Setting Certificate at the inaugural United States Environmental Protection Agency Climate Leadership Awards Ceremony and Conference for its global CO2 strategy, which includes a publicly stated goal of 30 percent per vehicle reduction in manufacturing greenhouse gas emissions from 2010 to 2025 This strategy builds on CO2 reductions of approximately 49 percent, or 4.8 million metric tons, from 2000...
