Business Impacts

  • US Communities Sue "Carbon Majors" over Sea Level

    August 08, 2017

    Two coastal California counties and one California city have sued a group of oil, gas, and coal producers, claiming that these “carbon majors” conspired for decades to hide the negative environmental effects of fossil fuels and should be required to pay “for the current and future costs of adapting to sea level rises linked to climate change.”

  • Steel CEOs Warn of Impacts of EU Emissions Shift

    August 07, 2017

    Reuters reports that a letter from CEOs of 76 steel-producing companies to officials of EU institutions and member states warns that sharp changes to the bloc's Emissions Trading System after the year 2020 will increase steel imports and lead to widespread closure of steel factories in Europe.

  • UN Official Seeks Small Business Support on SDGs

    August 03, 2017

    A statement from the UN Secretary-General's Chef de Cabinet Maria Luiza Ribeiro Viotti to a "Small Business Knowledge Summit" at the UN signaled the international organization's intention to enlist small and medium-sized businesses in its efforts to achieve the comprehensive social and environmental targets of its Sustainable Development Goals (SDGs).

  • UN Meeting Aims at "Sustainable Insurance" System

    August 03, 2017

    An article by Christopher Swope describes a conference hosted by the UN Environment Programme focused on pushing leaders from cities and the global insurance industry to collaborate on a "sustainable insurance" system that takes into account the potential impacts of climate change on urban areas.

  • World Bank Hosts Climate Finance "Innovation" Meeting

    August 03, 2017

    In May, the World Bank Group partnered with the governments of Spain and Germany to host an "Innovate4Climate Finance and Markets Week" in Barcelona gathering representatives from the public and private sectors to discuss how to push more investments toward projects whose aim is to mitigate the impacts of global warming.

  • Tokyo Olympics Organizers Agree to ILO Labor Standards

    August 03, 2017

    The International Labour Organization (ILO) and the organizing committee for the 2020 Olympic and Paralympic Games in Tokyo have signed a partnership agreement under which the organizers of the Games will ensure that their suppliers and contractors follow global standards for "socially responsible labour practices" in preparing for the event.

  • Businesses Pledge Carbon "Pricing" at Coalition Meeting

    August 03, 2017

    At a recent High Level Assembly of the Carbon Pricing Leadership Coalition convened by the World Bank and the International Monetary Fund (IMF), business leaders made pledges to help fulfill the global agenda on combating climate change by factoring into their operations and investments the perceived cost of greenhouse gas emissions.

  • Businesses Push G20 on Climate Action

    August 03, 2017

    Business recommendations from a corporate-sponsored "B20 Summit" in Berlin in May called on the Group of 20 countries (G20) to expand global governance initiatives to take on a wide range of cross-border issues, including implementation of the UN's 2015 Paris agreement on reducing greenhouse gas emissions.

  • UEFA Embeds BHR Principles in Bidding Process

    August 03, 2017

    The human rights activist coalition Sports and Rights Alliance has praised the decision of European soccer's governing body UEFA to embed business and human rights (BHR) principles into their bidding requirements for major sporting events by pledging to consider compliance with the UN Guiding Principles on BHR as part of the bidding process.

  • US Activists Target New Sectors in Carbon Fight

    August 03, 2017

    Time reports that, while the energy sector usually receives the most attention in climate change debates, some US-based environmental activists are arguing that government regulation should begin targeting other carbon-producing sectors such as transportation, manufacturing, and agriculture to reach global warming targets set by the UN's 2015 Paris Agreement.

Total Records: 265
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