Latest Investor Network on Climate Risk Stories
Urge Congress to Support Energy Efficiency and Clean Energy in Economic Stimulus Bill WASHINGTON, Jan. 26 /PRNewswire-USNewswire/ -- A group of 44 investors managing over $1.7 trillion in assets called on Congressional leaders today to include significant funding for energy efficiency, clean energy and clean transportation in the economic stimulus bill being debated this week in Congress. In a letter delivered this morning to House and Senate leaders and the Obama administration, U.S. and...
Nike and Wal-Mart Post Highest Scores in Apparel and Retail Sectors BOSTON, Dec. 11 /PRNewswire-USNewswire/ -- While progress is being made, consumer and technology companies still have more to do in confronting the business challenges posed by climate change, according to a report issued today by the Ceres investor coalition and authored by RiskMetrics Group that analyzes climate change governance practices at 63 of the world's largest retail, pharmaceutical, technology, apparel and other...
NEW YORK, Dec. 10 /PRNewswire-FirstCall/ -- The development of a successful global carbon trading market that delivers real and cost-efficient greenhouse gas emission reductions will require an improved market infrastructure, according to a report issued today by The Bank of New York Mellon entitled, "Towards a Common Carbon Currency: Exploring the Prospects for Integrated Global Carbon Markets." The report -- prepared in conjunction with Point Carbon, a world-leading provider of market...
Leaders, Laggards to be Listed for 11 Key Industry Categories, Including Retail, Pharma, Grocery, Tech, Restaurants and Travel; Business Choices May Be More Critical in Obama Era WASHINGTON, Dec. 9 /PRNewswire-USNewswire/ -- The climate change corporate governance practices of 63 of the world's leading technology and consumer products/services companies -- including Dell (Nasdaq: DELL), Intel, IBM, Sun, Coca-Cola (NYSE: KO), Johnson & Johnson, Marriott International, Wal-Mart,...
Filers of Over 300 Auto-Related Shareholder Resolutions Since 1972 See Ford As Better Positioned than GM for Carbon-Constrained Future NEW YORK, Dec. 5 /PRNewswire-USNewswire/ -- If Congress decides to bail out the U.S. auto industry, the focus should be on moving automakers to produce more fuel-efficient vehicles, as opposed to merely extending a short-term lifeline to the industry, according to the Interfaith Center on Corporate Responsibility (ICCR) ICCR is a coalition of nearly 300...
More than 130 investors with more than $6 trillion in assets came together Tuesday to call on policymakers to create a binding agreement to cut greenhouse gas emissions.Investors want countries to agree to a 50 percent to 80 percent reduction of emissions by 2050. They also would require policymakers to create long and medium term emission reduction targets for developed countries. U.S. President-elect Barack Obama also supports an 80 percent reduction in emissions by 2050. The European Union...
GE today affirmed that, amidst global economic turbulence, revenues from its range of energy efficient and environmentally advantageous products and services will surge 21% to $17 billion in 2008, while GE's annual investment in cleaner research and development will pass $1.4 billion. "There is a green lining among the current economic stormclouds and GE customers and investors are benefiting," said GE Chairman and CEO Jeff Immelt. "Cleaner innovation and technology resonate in the...
Consolidated Edison, Inc. has been cited for environmental excellence in two recent rankings recognizing overall corporate governance efforts for taking responsibility and developing a management approach to address climate change. Consolidated Edison was ranked second in North America and fourth internationally among 26 multi-utility companies rated in a 2008 survey by Innovest Strategic Value Advisors, an entity providing performance analysis uncovering hidden value for strategic...
Alcoa (NYSE:AA) announced today that it has been named to the Carbon Disclosure Project (CDP) Carbon Disclosure Leadership Index for the sixth consecutive year. This index, a key component of CDP's annual Global 500 Report, highlights companies within the FTSE Global 500 Index that have displayed the most proficient approach to corporate governance in regards to climate change disclosure practices. The CDP represents 385 global institutional investors with $57 trillion in assets under...
By Gerard WynnLONDON -- Investors with some $30 trillion of assets have written to 1,933 of the world's biggest companies demanding disclosure on their climate change stance, the UK-based Carbon Disclosure Project (CDP) said on Wednesday.The world's biggest shareholders want to know how well prepared companies are for the effects of climate change and for hardening climate change policy, as fears grow for impacts on investments.The CDP's fourth such annual request is on behalf of a swelling...
