Financial barriers, including high initial cost barriers and an inadequacy of traditional financing instruments, are a key element preventing private actors from engaging further towards making the residential building sector more energy efficient, according to a study from the International Energy Agency (IEA) published on 20 March.
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In a ground-breaking initiative, Chemical Week (CW) and lead sponsor SRI Consulting (SRIC) today unveiled www.chemsustainability.com, a new web presence providing authoritative information on sustainability and greenhouse gas issues for the chemical industry.
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The United Nations Global Compact launched the GLN OpenAccess tool, an interactive self-assessment tool to support Global Compact participants with the implementation of the ten principles as well as with the Communication on Progress. The GLN OpenAccess tool can assist companies to improve their understanding of how the management of social, environmental and governance issues impact the business and its stakeholders.
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The European Commission (DG Enterprise and Industry) has announced a new funding programme entitled “Responsible Competitiveness: fostering CSR in European industrial sectors”. The overall objective of this call for proposals is to improve the CSR performance of European industry, thereby improving its contribution to sustainable development and enhancing its competitiveness.
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U.S. investors filed nearly twice as many shareholder resolutions with companies that will likely encounter business impacts from climate change.
There were 54 climate change-related resolutions filed in the 2008 proxy season that targeted companies in the electric power, oil, coal, aviation and construction businesses, according to Ceres, a coalition of investors, environmental groups and NGOs working with companies to address sustainability issues.
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Aberdeen, a Harte-Hanks Company (NYSE: HHS), announced today upcoming findings from “The 2008 Aberdeen Report: State of the Market.” Over 4500 survey participants identified how their organizations are seeing the emergence of “Green” initiatives like never before fueled by social, ecological and economic implications. The increasing complexity of the global business environment, rising energy and transport costs, and mounting compliance challenges are driving a major focus on sustainability and green initiatives. Forty-seven percent (47%) of the 4,645 companies participating in the 2008 Aberdeen Report revealed that they already have green initiatives in place. Of these firms, 74% cite Corporate Social Responsibility (CSR) as the main driver for their green initiative and 52% of the surveyed audience identified competitive advantage as the second top pressure for having a green initiative (see chart). Overall, green initiatives ranked in the top eight corporate strategic goals for organizations in 2008.
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Corporate Social Responsibility Europe, which provides support to companies managing corporate social responsibility projects in the European Union, has accepted Turkey as a member.
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BearingPoint, Inc. (NYSE: BE), one of the world’s largest management and technology consulting firms, announced the results of a survey that suggest that corporate image is one of the most significant motivations for U.S. companies to be “eco-friendly”. The survey results were gathered from data from more than 600 executives from large firms around the world.
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Only by capturing the interest of multinationals such as Coca-Cola can we hope to tackle the perils of climate change, as Andrew Cave discovers
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Not only are more companies taking CSR practices seriously and implementing them across operations, those companies are more likely to see their value grow, according a report from the Economist Intelligence Unit.
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Companies say they reap benefits when they are more open with stakeholders and put social responsibility at the core of their business strategy. According to a new study by IBM, businesses believe they will be more competitive, attract and retain the best talent, and gain access to new business opportunities.
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Bite Communications’ Cleantech Practice today published “Greenwashing: A Perfect Storm,” a whitepaper that examines a critical corporate marketing and business challenge, where environmental impacts, public interest, media attention and public policy have combined to result in heightened skepticism in respect to “green” marketing. In this increasingly critical environment, brands have higher than ever risks and rewards to consider as they map out their corporate sustainability strategies.
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