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Tepco dropped from Dow Jones socially responsible investment index
13 May 2011Tokyo Electric Power (Tepco) has been dropped from the Dow Jones Sustainability Indexes (DJSI) family, following "a significant reduction in Tepco's sustainability score" in the aftermath of the Fukushima nuclear disaster.
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Driving California's carbon price
12 May 2011Carbon emitters in California are beginning to assess the likely impact of the state's AB 32 programme. Etienne Gabel examines the factors likely to drive its carbon price
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Shareholder action on sustainability being used more aggressively – E&Y
12 May 2011Investors are more aggressively using shareholder proxies to force companies to take action on environmental and social issues, a trend that will accelerate in 2011, according to Ernst & Young (E&Y).
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Cement firms eye biodiversity, water goals after CDM disappointment
12 May 2011Cement companies will look to introduce goals on water usage and biodiversity preservation, following the disappointing outcome to a plan that would have addressed carbon emissions, said the Cement Sustainability Initiative (CSI).
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Al Gore, Levi's and PG&E rally around sustainability
12 May 2011The two largest US pension funds have teamed with leading companies such Levi Strauss and Pacific Gas & Electric, and an Al Gore-founded investment firm, in a commitment to promote environmental sustainability and tackle climate change.
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Insurers face $5.5 billion bill from US tornadoes, floods
12 May 2011The outbreak of severe weather in the US last month could cause losses of $5.5 billion for the insurance industry, according to early projections.
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Sustainability reporting: the next level
12 May 2011The Global Reporting Initiative is working on its fourth iteration. Lisa French explains the what, why and how of G4
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Assessing the EBRD 20 years on
12 May 2011The European Bank for Reconstruction and Development has an explicit environmental mandate. But, 20 years after its creation, how is it doing? There's plenty of room for improvement, says Pippa Gallop of Bankwatch
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Dangerous chemicals list sparks concern for investors
12 May 2011Investors are increasingly concerned about how companies are complying with the EU chemicals legislation REACH and whether they are looking to phase out potentially dangerous chemicals, experts said.
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Lack of financing holding up business energy efficiency investment
12 May 2011Funding remains the biggest barrier to energy efficiency investment in Europe, a survey of more than 800 business leaders has found, but industry commentators say increased availability of funding mechanisms, such as energy performance contracting and municipal bond programmes, will promote investment.