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Puma prices its environmental impact at €100m/year
16 May 2011Sportswear giant Puma says the environmental impact of greenhouse gas (GHG) emissions and water consumption reached nearly €100 million ($142 million) in 2010. The firm sees valuation as a key step in integrating environmental, social and economic indicators into its broader business strategy.
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Japan's nuclear turnaround to prompt renewables rush – HSBC
13 May 2011Japan could increase installations of renewable power capacity by up to 3.5GW a year, HSBC Global Research calculates, as the country rethinks the role of nuclear power in the light of the Fukushima disaster.
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US loan guarantee funds for renewables 'running out'
13 May 2011Renewable energy developers looking for US government financing can no longer rely on the loan guarantee programme funded by the economic stimulus package.
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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