The Institutional Investors Group on Climate Change has called for urgent action to boost the effectiveness of carbon markets and the mitigation of climate change risk in developing countries in their recent report ‘Toward an Effective Global Carbon Market’. The European group, representing over €4tr, identifies the need for strong pricing signals to further encourage […]
Read MoreInvestors in two major US Internet Service Providers (ISPs), CenturyTel Inc and EarthLink Inc, have voted strongly in favour of a shareholder resolution which highlights Internet management practices at the ISPs and their role in Internet privacy and censorship. The resolutions, which were filed and voted on for the first time this year, attracted 30.49% […]
Read MoreA short-term outlook and portfolio turnover exceeding 100% per annum is inhibiting ESG integration finds new research by Mercer, the investment consulting firm. These findings are included in it’s recent report, Gaining Ground: Integrating Environmental, Social and Governance (ESG) Facors into Investment Process in Emerging Markets. The report, commissioned by IFC, a member of the World Bank […]
Read MoreThe latest review of the FTSE4Good index has seen 24 companies expelled for no longer meeting its corporate responsibility standards. These include Honda and Toyota, which failed to meet human rights criteria, and Alltel and Capital One Financial, did not meet environmental standards. The review also admitted 42 new companies to the Index. These include […]
Read MoreBlack representation in South African business has progressed much further than is generally accepted, with black representation at top management level growing by 55.9% from 2001-2006, a report by union body Solidarity has argued. According to the report – The Truth About Affirmative Action in South Africa – this growth in black representation at top […]
Read MoreWhile women are enjoying faster career progression than their male colleagues, this is not being matched by their remuneration, and there is evidence efforts to redress the pay gap are beginning to stall, a survey by the Chartered Management Institute (CMI) and Remuneration Economics has found. Women are achieving director roles quicker than men: at […]
Read MoreA coalition of investors, US state officials and environmental groups have filed a petition with the US Securities and Exchange Commission (SEC) calling on the regulator to force companies to assess and disclose their financial risks from climate change. The petition cites scientific evidence and regulatory developments it claims prove that the risks and opportunities […]
Read MoreLarge companies would be forced to disclose their greenhouse gas emissions to a common standard under proposals by Conservative Party think tank the Quality of Life Policy Group. The Group, chaired by former environment minister John Gummer, was formed by David Cameron to provide independent input to the Conservatives on every aspect of the “quality […]
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