Surveillance Capitalism

Dutch Company Puts Price on Carbon Emissions

June 13, 2016

The World Bank has published an article lauding Dutch company Royal DSM for placing an "internal" price on its carbon emissions as part of an effort to reduce its contribution to global warming.
CEO Calls for Independent EU Carbon Regulator

June 09, 2016

In testimony before a French Senate commission, the CEO of the energy company Total, Patrick Pouyanne, called for the replacement of the current EU carbon taxing system with an independent regulator that would increase the price of carbon emissions for businesses across the bloc.
Airline Association: Emissions Tax Will Cost Customers

June 08, 2016

International Air Transportation Association Director General Tony Tyler has confirmed that consumers will have to bear the costs of a decision the UN's International Civil Aviation Organization will likely make this fall to seek a tax on airlines to offset the greenhouse gas emissions of their airplanes.
Global Aviation Emissions Curbs Would Cost Billions

May 23, 2016

Reuters reports that the International Air Transport Association has estimated that the cost for businesses of a global agreement on airline greenhouse gas emissions to be agreed by governments at a fall assembly of the International Civil Aviatiation Organization would be $6.2 billion in the year 2025 and $24 billion by the year 2035.
S&P Threatens Bank Credit Downgrades for Climate Inaction

May 13, 2016

Website Climate Home reports that credit rating agency S&P has threatened to lower its rating of banks that fail to take into account the risks of climate change in their funding of fossil fuel and energy projects.
Norway Wealth Fund Pushes Energy Companies on Reporting

May 13, 2016

Reuters reports that the world's largest sovereign wealth fund Norges Bank has announced that it will vote for shareholder resolutions that would require oil and gas companies ExxonMobil and Chevron to publicly report how they are managing the risks of global warming to their operations.
Businesses Sign on to NGO Initiative on Recruitment

May 11, 2016

The Institute for Human Rights and Business has announced that five large companies have joined the NGO-supported Leadership Group for Responsible Recruitment that seeks to place pressure on employers around the world to pay the costs of recruitment of their workers.
EU Court Ruling Sparks Drop in Business Carbon Permits

May 05, 2016

Bloomberg reports that carbon emissions permits for businesses operating in the EU have dropped precipitously since the Court of Justice of the EU ("ECJ") issued a decision finding that the European Commission had issued too many permits since an expansion of the carbon program in 2013 and requiring it to correct errors in its calculation of free allowances.
Norway Fund Divests from Companies Active in Coal

April 27, 2016

Bloomberg reports that, to begin its compliance with a ban on coal investments passed last year by the Norwegian Parliament, Norway's sovereign wealth fund Norges Bank has removed its financing from 52 companies with over 30% of their activity or sales in coal.
Oxfam Pushes Food Companies to Reform Supply Chains

April 22, 2016

In its annual update on its Behind the Brands campaign, the nongovernmental organization Oxfam calls on food and beverage businesses to go beyond social and environmental commitments and to use their influence to impose these commitments on suppliers to ensure "a more sustainable food system."