ESG

Chevron Questions Limited Scope of Cities' Climate Suit

February 08, 2018

Legal NewsLine reports that energy company Chevron has filed a third-party complaint against state-owned Norwegian oil company Statoil as it seeks to expand the scope of a lawsuit by various Californian municipalities alleging damages by a limited set of large oil and gas companies, including Chevron, related to their contribution to global warming.
GRI Pushes Small Businesses to Report on "Sustainability"

February 08, 2018

The Global Reporting Initiative (GRI) has issued a press release explaining how its Competitive Business Program trains and coaches small and medium-sized enterprises in a set of developing countries how to publicly disclose their impacts on the global "sustainable development" agenda.
London Business School Plans Institute for Social Issues

February 07, 2018

Highlighting pressure from international organizations and nongovernmental groups on businesses to embrace the global "sustainability" agenda, the Thomson Reuters Foundation reports that the London Business School is setting up an institute to "harness the power of business" to solve social problems in developing countries.
EU Report Proposes Measures for "Sustainable" Investments

February 07, 2018

A report from the European Commission's High-Level Expert Group on Sustainable Finance proposes EU measures for encouraging investments from the financial system to fulfill the UN's "sustainable development" agenda, including through EU standards for such "sustainable" investments and investor disclosures on how sustainability factors into their decision-making.
WEF Touts Meeting's "Sustainability" Certification

February 06, 2018

The World Economic Forum (WEF) has announced that it received certification from an independent certification body for compliance with the International Organization for Standardization's (ISO) standard for "sustainable event management" at its annual meeting in Davos, Switzerland, in January.
Joint Initiative Sets out Eco-Industrial Park Standards

February 02, 2018

The World Bank Group, the UN Industrial Development Organization, and a German development advisory company have launched a joint international framework setting out minimum environmental, social, and economic standards for the recognition of "eco-industrial parks," which seek to increase industrial efficiency while advancing the global environmental agenda.
Companies Embrace Calls to Reduce Climate Impacts

February 02, 2018

Andrew Steer of the World Resources Institute and Grant Reid of food company Mars explain how businesses are responding to global pressure - from the UN, nongovernmental organizations, and governments - to reduce their greenhouse-gas emissions in line with the 2015 UN Paris climate accord by signing up to UN climate initiatives and pledging "science-based" emissions targets.
NGO Pushes WEF to Seek "Justice" for Corporate Conduct

January 29, 2018

The nongovernmental organization Greenpeace has marked the beginning of the World Economic Forum (WEF) in Davos, Switzerland, by releasing a report accusing various global companies of environmental destruction and human rights abuses and calling on world leaders to prevent these harms by imposing mandatory reporting and other policies on businesses.
NGO Pushes Mandatory Climate Reporting in Sweden

January 29, 2018

A report from the nongovernmental organization Swedwatch warns Swedish fund managers that they are failing to invest enough in climate-friendly projects to meet the goals of the 2015 Paris climate accord and calls on the Swedish government to introduce a law requiring finance actors to publicly disclose their efforts toward a greener portfolio.
GRI Series Targets "Sustainability" Reporting in Food Industry

January 24, 2018

The Global Reporting Initiative (GRI) and a group of civil society and academic partners have launched a Materiality Roundtable Series to guide businesses and investors on how to properly report and evaluate their impacts on "sustainable development" in the food and agriculture sectors.