As an Edmunds survey reveals, loyalty to hybrid cars is falling. Even worse, more people are trading in their hybrids for SUVs than ever before. But does this really spell disaster for the industry?
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Nissan raised a few eyebrows with a new advertising campaign that pokes fun at Tesla Motors — and the fact that it has at least 400,000 people waiting for a car that won’t ship until late next year.
Our national and state roads, dams, bridges, and airports are in such disrepair that they’ve even garnered the attention of this year’s presidential candidates. Yet none seem to have a comprehensive answer as to how to come up with the $3 trillion that engineers say it will take to upgrade our national infrastructure. The problem, says author Parag Khanna, isn’t that it can’t be done, but that we aren’t thinking big enough.
Investigators in Japan raided a Mitsubishi factory on Thursday after the company was “outed” by Nissan for tampering with fuel-economy test data. The discovery could be pricey for Mitsubishi — which, in the shadow of the Volkswagen dieselgate scandal, faces hefty fines and other costs.
Only days before the deadline, Volkswagen AG and the U.S. government reached a partial settlement on the “dieselgate” emissions scandal. But the news isn’t so good across the pond.
SunEdison filed for bankruptcy protection in New York yesterday. While some depicted the company’s foibles as a symptom of bigger issues in the solar sector, experts say it was reckless ambition that led to its quick demise.
Until recently, research on corporate sustainability for investing was largely available only to financial institutions and venture capital firms. But an announcement by Morningstar threatens to open the door to a wave of impact investing over the next several years.
Goldman Sachs agreed to pay $5.1 billion in penalties for its part in the mortgage crisis that led to the 2008 recession — except it won’t, really. With good behavior and negotiated benefits, Goldman Sachs’ penalty for deceiving investors in one of Wall Street’s greatest scandals will likely be at least a $1 billion less.
“If you’re divesting from bad companies and you believe they’re going to fail, why not go further? Why not short them?,” asks Dale Wannen, founder of socially-responsible hedge fund Sustainvest Asset Management.
For coal, the writing is on the wall, but the message hasn’t yet reached some investors. This could result in a financial catastrophe, a new report warns, amounting to nearly $1 trillion in losses if current coal development plans go forward globally.
How do companies best address the differing concepts of materiality across the various sustainability reporting frameworks? Eight of the world’s biggest names in corporate reporting including GRI, SASB, IIRC and CDP recently published a comparison of materiality definitions and approaches.
The controversial Panama Papers leaked the names of government officials, celebrities and multinational companies using offshore tax havens to stash away undisclosed funds. As the dust settles, the European Commission is tightening its tax disclosure laws.
Class-action suits against Volkswagen seem to be anything but news these days. With more than 400 litigations now in court, coming up with a new reason to sue the embattled car manufacturer may be difficult. But a family-owned dealership has a new twist to its complaint, which was launched in Illinois on Wednesday.
Washington, D.C. joined cities like Seattle, Oklahoma City and Fort Worth, Texas, to implement a stormwater fee that charges landowners based on a formula that calculates how much runoff they create, which funds city projects to build natural solutions.
In a 10-page filing submitted to the Securities and Exchange Commission, two financial advisory firms are urging Chipotle’s shareholders to vote in favor of a resolution that will tie executive compensation to the company’s sustainability performance.