Late last week, President Obama announced he would include a $10 per barrel tax on oil in the FY2016 budget that his administration is proposing to Congress. The oil industry is saying, “No way.”
Category: Investment & Markets
Resources & Information related to Investment & Markets, Socially Responsible Investing, SRI, Socially Conscious, Ethical Investing and more.
ExxonMobil is trying to exclude a climate change proposal from this year’s proxy ballot, and if the oil and gas giant succeeds, its shareholders won’t be able to vote on the proposal at the company’s annual general meeting on May 25.
Change isn’t an easy process in any organization. The challenge for many CSOs is getting their boards and corporate leadership to think beyond short-term quarterly and yearly earnings and realize the substantial value that sustainable thinking can have on mid- to long-term growth.
Positive Luxury unveils trends and makes predictions for sustainability in the luxury industry. Global conditions, changing consumer expectations and a modern business landscape require sustainability as an industry priority.
Following one of the key announcements at COP21, a climate disclosure task force was set up by the Financial Stability Board at the request of the G20, to introduce industry-led corporate reporting of climate risks.
BP is reporting a total loss of $6.5 billion during FY2015 — $2.2 billion last quarter alone — with the company expecting to fire 7,000 workers by the end of 2017, or 8.2 percent of its global workforce.
The Business Benchmark on Farm Animal Welfare 2015 Report brings the topic of how animals are treated to the ongoing industry discussion of corporate responsibility.
The Paris Agreement and SDGs integrate the highest aspirations of the world community, defining the path for a world in transformation. Every sector of global society is called upon to be part of the process. For CEO Michael Meehan, engaging this multi-stakeholder approach is the foundation for the future of GRI and sustainability reporting in the context of our transformative economy.
“The New Deal on Energy for Africa sets the ambitious target of universal access by 2025, which means bringing modern energy to 900 million people in sub-Saharan Africa,” said Akinwumi Adesina, president of the African Development Bank Group.
For more than 25 years, a group of merchant women dubbed Las Tías (“the aunts) have provided vocational training and other services to the children of Leon, the capitol of Nicaragua’s civil war.
How can smaller-scale, fair-trade suppliers like Guayaki’s yerba mate farmers get the financing they need to meet market demand? Social finance and fair trade leaders are working on solutions to this critical funding gap.
Mega investment firms are not too big to fail sustainability. Not all investment portfolios return above-average performance to their investors. We should hope for more, but set our expectations for mega investment firms in the same way.
In a strange decision that is forcing rooftop solar businesses in the sunny state of Nevada to close their doors, the state’s utility commission voted unanimously earlier this month to slash net-metering payments to homeowners that have invested heavily in rooftop solar. So far, the commission is sticking firm — but what about Nevada’s exemplary solar industry?