Environment / Alternative energy
SEC Backs Shareowner Challenge of Dominion Nuclear Plant (05/06)
The utility's effort to exclude the resolution calling for analysis of the financial risks associated with a nuclear reactor which could cost over $19 billion is turned down by the Securities and Exchange Commission.
Investors Win Battles for Shareowner Votes on Climate at Exxon (04/01)
Resolutions addressing the moral imperative of limiting climate change and the manner in which the company reports oil reserves replacement will appear on proxy ballot following SEC decision.
Sustainable Investors Respond to Climate Pact (01/15)
With COP21 Climate Conference in Paris ending with agreement intended to keep global temperature increase below two degrees Celsius, investors envision portfolios focused on renewable energy. First in a three-part series.
Bank Financing of Fossil Fuels Dwarfs that of Renewables (11/10)
A new study by Fair Finance Guide and BankTrack reveals that since 2009, investment in fossil fuels by 75 of the world's largest financial institutions is more than nine times greater than investment in renewable energy.
Banks Still Failing to Incorporate Climate Risks in Lending (11/05)
A year after Boston Common Asset Management organized an investor initiative, major global banks continue to fail to account for greenhouse gas emissions in their lending and underwriting portfolios.
Sustainable Investors Praise Obama's Clean Power Plan (08/06)
The Plan, which will reduce carbon emissions from the power sector by 32% below 2005 levels in 2030, is praised by Mindy Lubber of Ceres as a blueprint for the low carbon transition.
Green Bond Investments Reach $600 Billion (07/13)
The fourth edition of Bonds and Climate Change, published by the Climate Bonds Initiative, reports that 70% of climate-aligned bonds are invested in low-carbon transport, while another 20% focus on clean energy.
Resolutions Request Emissions Reduction Goals by Exxon and Chevron (05/29)
A process for shareowners to declare their intention to vote in favor of emissions reduction resolutions at the annual meetings of the oil and gas giants does not appear to have led to substantial votes in favor, but signal that investors who choose engagement as a strategy will remain aggressive.
Citi Announces $100 Billion Sustainability Commitment (02/27)
Having met several targets of a $50 billion goal two years early, the bank now commits twice that amount to activities such as financing large renewable-energy projects and reducing its absolute emissions by 80%.
Engage or Divest? (01/10)
Investors know what has to be done to prevent the worst effects of climate change, but many continue to debate whether moving their assets from fossil fuel companies might affect their returns in the short term. Second of a two-part series.
The Risk to Investors of Stranded Assets (01/09)
In a roundtable hosted by Environmental Finance, investors, analysts, and corporate managers convene to discuss the financial risks associated with stranded fossil fuel assets. First of a two-part series.
Vermont a Co-Filer of Resolution Requesting Emissions Reduction Targets from Exxon (01/08)
The state's Pension Investment Committee joins a coalition coordinated by the Interfaith Center on Corporate Responsibility and Ceres in filing a shareowner resolution calling for greenhouse gas emissions reduction goals.
Sustainable Investment Firms Offer Guide to Fossil Fuel Investing (12/29)
Along with 350.org, Green Century Capital Management and Trillium Asset Management update a guide for investors who want to divest from fossil fuel companies and reallocate their assets to sustainability.
Green Bonds Growth a Positive Development in 2014 (12/10)
In a year when ExxonMobil rejects stranded assets and half a million march for climate in New York, green bonds offer an increasingly popular fixed-income investment strategy for sustainable investors.
Maybe Some Good Things Came out of Climate Summit (09/30)
Business commitments on deforestation and renewable energy are not enough to overcome government inaction and the resolve of the fossil fuel industry to burn all its assets and explore for more.
$24 Trillion Calls for Climate Policy (09/20)
In advance of next week's climate summit at the United Nations, a group of institutional investment organizations representing 348 investors and $24 trillion under management call for climate policies that encourage clean energy investment. First in a two-part series.
Carbon Tracker Analysis Refutes Exxon Claims (09/12)
The analysis reveals that unconventional oil and gas exploration has contributed to ExxonMobil underperforming the S&P 500 by eight percent over five years, and that the company has not adequately stress tested a future low carbon scenario.
Distributed Energy Resources Require a New Regulatory Framework (08/18)
The New England Clean Energy Council calls for modernization of the region's grid to encourage renewables and distributed energy resources.
Climate Change and Pollution Threaten Global Food Supply (07/30)
A study by Massachusetts Institute of Technology concludes that reductions in crop yields due to climate change can be offset somewhat by stronger ozone pollution controls.
General Mills to Report on Supply Chain Emissions (07/29)
The company agrees to report on and reduce greenhouse gas emissions in its supply chain, joins Business for Innovative Climate & Energy Policy, and becomes a signatory to the Climate Declaration.
Electric Utilities Ranked on Renewables and Energy Efficiency (07/28)
A report from Ceres and Clean Edge benchmarks the nation’s largest electric utilities on renewable energy sales, and cumulative and incremental energy efficiency savings.
Third National Climate Assessment Published (05/06)
In its new report, the US Global Change Research Program asserts that the effects of climate change have already become a present day concern, and announces the launch of a website to help Americans receive reliable scientific information.
NRDC Teams with Investment Firms to Offer Fossil Fossil Fuel Free Equity Index (04/29)
The Natural Resources Defense Council joins BlackRock and FTSE Group to launch a equity global index series that excludes companies engaged in exploration, ownership, or extraction of carbon-based fossil fuel reserves.
Clean Energy Bond Act Introduced in Congress (04/11)
The Clean Energy Victory Bonds Act of 2014 is modeled after the Treasury Bonds issued in the 1940s to support the World War II effort.
Another Win for Climate Change Mitigation (03/28)
As You Sow withdraws shareowner resolution at Southern Company after the utility agrees to report on integrating renewable energy into its business operations.
ExxonMobil to Report on Stranded Assets (03/21)
A shareowner resolution is withdrawn by As You Sow after Exxon agrees to becomes the first oil and gas company to report on the impacts of unburnable carbon assets on its business model.
News Briefs for March 20th (03/20)
Green Century Capital Management releases an animated fossil fuel free investing video, and Community Capital Management announces the launch of the CCM Alternative Income Fund.
European Energy Companies Failing to Adapt (03/05)
A report from Greenpeace cites analysts who find that to maintain even diminished profits, the largest European Union utilities will have to shut down most of the fossil fuel capacity added in the last ten years.
How to Fund Clean Energy Investment (01/23)
A report released by Ceres at the recent Investor Summit on Climate Risk suggests that the responsibility for scaling up clean energy finance to the necessary level is shared by institutional investors, banks, and policymakers. Third in a three-part series.
Climate Summit Press Conference Focuses on Policy and Fiduciary Duty (01/21)
Prominent representatives of government, business, and institutional investment meet with journalists to discuss strategies for increasing climate finance. Second of a three-part series.
Banks Announce Support for Green Bond Principles (01/14)
Thirteen investment banks indicate their support for a measure designed to ensure transparency, disclosure, and integrity in the development of a more robust green bond market.
Top Sustainable Investment Stories for 2013 Part 3 (01/08)
Divest or engage? Sustainable investors have wrestled with arguments of divestment versus engagement, and many have concluded that engagement provides them with the better opportunity to pressure fossil fuel companies to change their behaviors. Meanwhile, sustainable investment firms such as Green Century Capital Management and Trillium Asset Management have been offering fossil free investment opportunities for years.
As Fossil Fuel Divestment Grows, Cleantech Offers Opportunities for Investors (11/01)
As You Sow teams with Kachan & Co. and the Responsible Endowments Coalition to outline opportunities for investors in cleantech. Second of a three-part series.
Alliance Trust Investments Measures Carbon Footprints of its Funds (08/29)
The UK investment firm’s analysis reveals that three of its sustainable equity funds emit less than half the carbon dioxide of their benchmarks.
Major Cities Adapting to Climate Change (06/28)
A report by the Carbon Disclosure Project and the C40 Cities Climate Leadership Group reveals that many of the world’s largest cities have launched energy efficiency and other initiatives to lessen the effects of climate change.
Obama Directs EPA to Use Clean Air Act to Regulate Emissions (06/26)
Acknowledging that Congress is likely to persist in failing to act on climate change, the President decides that executive action is needed to address a growing crisis whose effects are already being felt.
Cisco, Google Share Top Spot on Cool IT Leaderboard (04/29)
The sixth edition of the Greenpeace ranking of companies in the information technology sector focuses on political advocacy for effective climate change legislation.
Climate Principles Issues Best Practices for Hydraulic Fracturing (04/13)
Guidelines for financiers of hydraulic fracturing published by the European Climate Principles add to calls for greater transparency by companies engaged in the practice.
Bank of America Urged to End Financing of Coal (03/21)
Sustainable investors are among the 50 signatories to a letter delivered to Bank of America, urging it to phase out the financing of coal and shift its lending priorities to renewable energy.
Deployment of Renewables Increases but Market Contracts (03/19)
The annual report on clean energy by Clean Edge emphasizes that despite a challenging year for renewable energy, climate change and resource constraints mean that the fundamental drivers for the industry remain.
Get Real about Climate Change, Shareowners Tell Utilities (02/28)
With trillions of dollars in infrastructure upgrades looming for electric utilities, investors call on five companies to emphasize a transition to renewables, improve energy efficiency, and manage water risks.
Shareowners Pressure Companies on Use of Renewables (02/20)
Most of the 13 resolutions target energy use in the information technology and real estate industry sectors, requesting improved reporting and commitments to increased renewable energy sourcing.
Senators Boxer and Sanders Propose Climate Change Legislation (02/19)
Among the highlights of the proposed bill are a fee on carbon pollution and increased oversight of hydraulic fracturing.
Ceres Awarded with Zayed Future Energy Prize (01/16)
The investor network wins the $1.5 million prize in the nongovernmental organization category for its work on behalf of addressing climate change.
ICCR Challenges Companies on Climate Change (01/15)
Members of the Interfaith Center on Corporate Responsibility have filed 28 shareowner resolutions thus far that address climate change related issues such as climate risk and sustainability reporting.
Largest Companies Setting Emissions Reduction Targets (12/17)
A new report finds that most companies in the Fortune 100 and Global 100 now have greenhouse gas reduction goals, and more are committing to renewable energy use.
Climate Financing Improves, but Falls Short of What is Needed (12/03)
The Climate Policy Initiative identifies $364 billion in financing the transition to a low-carbon economy, but the amount falls far short of what is needed to keep global temperature increases below two degrees Celsius.
Climate Change Action in Obama's Second Term? (11/09)
After an election campaign during which climate change was barely mentioned, sustainable investors and other advocates hold out hope for effective action in the next four years.
US Banks Persist in Financing Climate Change (11/01)
A report from BankTrack and the Rainforest Action Network urges financial institutions to measure and report on financed emissions, and recommends that they support expanded disclosure requirements being developed by the Greenhouse Gas Protocol.
With Expiration Looming, Groups Call for Extension of Production Tax Credit (10/30)
The Investor Network on Climate Risk is the latest to write to Congressional leaders, urging them to support extending a tax credit that has helped wind energy become one of the nation's fastest growing manufacturing industries.
BICEP Members Call for Extension of Wind Credit (09/19)
Nineteen companies in the Ceres-led Business for Innovative Climate and Energy Policy coalition say that Congressional extension of the tax credit for wind energy will improve competitiveness and create jobs.
US Solar Installations Set Records Despite Insufficient Government Action (09/17)
The Solar Energy Industries Association reports that solar installations in the US totaled 742 megawatts in the second quarter of 2012, but Ernst & Young warns that policy gridlock prevents lawmakers from making the necessary long-term investment decisions.
House Passes No More Solyndras Act (09/15)
Viewed by Democrats as nothing more than election-year grandstanding, the bill stands no chance of passing the Senate.
CDP Releases Annual Reports on Corporate Carbon Management (09/13)
Responding to more than half of the world's invested capital, large companies increasingly view climate change as a current business concern, but too little is being done at present to avert a climate crisis.
Treasury Bonds Issue Will Help Fund Clean Energy Deployment (08/28)
The Clean Energy Victory Bonds Act would both provide for the sale of US Treasury Bonds to help finance clean energy technologies, and extend the federal Production Tax Credit for wind energy.
Investors Urge Extension of Production Tax Credits (08/15)
The tax credits, which help drive billions per year in private investment in the wind energy industry, are set to expire this year, which could lead to the loss of 37,000 domestic jobs.
Facebook Publishes Carbon Footprint (08/06)
For the first time, the social networking company has disclosed its greenhouse gas emissions, and announces a goal of using renewable energy sources for 25% of its power.
Pros and Cons of Australian Carbon Tax (07/18)
Implemented on July 1st, Australia's carbon pricing scheme imposes a price of $23 per ton on carbon emissions. But some clean energy advocates argue that the policy does not go far enough.
Rio+20 Ends without Binding Agreements (06/23)
Sustainable investors who consider regulatory action to be essential are likely to be disappointed by the absence of agreements addressing climate change and corporate reporting.
Clean Energy Initiatives on the Increase in Many States (05/30)
The third annual State Clean Energy Index from Clean Edge ranks California first among states in its adoption of such indicators as electricity generation from renewable sources and deployment of hybrid and all-electric vehicles.
Concerns Grow over Slow Pace of Sustainable Development (05/22)
The World Business Council for Sustainable Development publishes a report in advance of next month's Rio+20 Conference, warning that a radical adaptation in the use of natural capital is required.
Race Between Sustainability and Over-Consumption Continues (05/16)
The third annual MIT survey of corporate executives suggests that sustainability is increasingly a management agenda item, while a report from WWF finds that global consumption patterns are still unsustainable.
UNDP Reports on Outlook for Sustainable Development in Asia-Pacific (05/10)
Exploring both widespread poverty and the impacts of climate change on the region, the report warns that the private sector and other stakeholders must act in order to galvanize government action.
Sustainable Investment by Pension Funds Total Less than One Percent of Assets (05/04)
Despite the necessity of a low-carbon economy and the opportunities for investment in the transition, efforts by governments and institutional investors remain inadequate. Second of a two-part series.
EIRIS Reports on Sustainability Practices of Largest Global Companies (05/03)
Companies in the US and Asia lag behind their peers in Europe, while significant differences persist among corporate approaches to sustainability.
US Banks Receive Failing Grades for Financing Coal (05/01)
While most of the nation's largest banks have publicly stated commitments addressing mountaintop removal coal mining and coal-fired power generation, the financing of such projects continues.
Solar Industry Maturing Despite Lack of Subsidies (04/10)
A report from As You Sow details examples of best practice in environmental, social, and corporate governance considerations by solar companies, and provides a benchmark for investors to track sustainable developments in the industry.
2011 Sees Record Installations for Wind and Solar (03/16)
Clean Edge's 2012 trends report forecasts that the expansion of renewable technologies, which successfully weathered the economic downturn, will continue through 2021.
SJF Ventures Announces Initial Closing of Impact Investment Fund (03/10)
Capitalized entirely by private investment, the $75 million SJF Ventures III fund will target growth-stage cleantech companies with positive impacts on low-to-moderate income communities.
Benefits of Large-Scale Low-Carbon Transition Will Take a While (03/06)
The authors of a new study find that even a rapid transition to clean energy will not produce climate benefits until the second half of this century, while converting coal to natural gas will have little positive effect.
EPA and Partners Announce Recipients of First Climate Leadership Awards (03/03)
Companies are recognized for greenhouse gas management through goal setting and achievement, supply chain leadership, and overall organizational leadership.
Investors Urge Large Corporations to Move Beyond Reporting and Take Carbon Action (02/23)
The Carbon Action initiative of the Carbon Disclosure Project, launched last year on behalf of 34 institutional investors, now has 92 signatories with more than $10 trillion in assets under management.
Google Tops Greenpeace International's Cool IT Leaderboard (02/09)
The Internet giant is cited in Greenpeace's fifth ranking of information technology companies for its commitment to renewable energy and its public advocacy for clean energy policies.
US Venture Capital Investment in Cleantech Down in 2011 (02/06)
Ernst & Young reports that investment by US-based venture capital in cleantech companies amounted to $4.9 billion in 2011, a 4.5% decrease from 2010.
A 30% Reduction in EU Emissions by 2020 will be Cheaper than Expected (02/01)
Noting that emissions reductions reached 14% by 2010, the European Commission concludes that a 30% cut will cost less than anticipated, and the Institutional Investors Group on Climate Change calls for incentives to stimulate private investment.
Investors Vow to Address Climate Change even as Congress Fails to Act (01/16)
At the Investor Summit on Climate Risk & Energy Solutions, hosted by Ceres, institutional investors note progress in managing climate change in their portfolios, but warn that further action must be taken now.
Greenpeace Ends Unfriend Coal Campaign Targeting Facebook (12/28)
The social media giant agrees to reduce its reliance on coal-powered electricity by siting its data centers where renewable energy sources are available.
What Happened at COP17? (12/12)
Negotiators leave Durban without a plan to stop climate change but with an agreement to pursue a binding pact, and investors look for signs that support increased investment in climate change mitigation and adaptation.
NYSE Euronext and Bloomberg New Energy Finance Launch New Clean Energy Stock Indexes (11/30)
The indexes, which will track clean energy stocks in three regions globally, will soon be joined by industry-specific indexes; in the US, new sources of investment must be found to maintain the growth spurred by stimulus funds.
Google Abandons Renewable Energy Initiative (11/30)
The IT giant says it will maintain its efforts to improve energy efficiency in its data centers and continue to invest in renewable energy.
Window of Opportunity for Acting on Climate Change Closing Fast (11/12)
The International Energy Agency warns that without a binding international agreement within five years, global temperatures could increase by 6°C.
New Green Bonds Product Will Support Climate Protection (10/20)
State Street Global Advisors says its High Quality Green Bond product will invest in green bonds issued by supranational or multilateral development banks.
Munich Re and IBM Lead Companies in Newsweek's 2011 Green Rankings (10/17)
IBM moves up from third place finish last year to first in US, and HP ranks second for second year in row; Dell drops from first to fifth, and Munich Re tops list of global companies.
Sustainability Issues Persist but Urgency to Address them Declines (09/20)
A survey of sustainability experts finds that while issues such as energy, climate change, and water scarcity remain critical, a sense of urgency in dealing with them is declining.
Scoreboard Details Increased Investment in Green Economy (09/13)
The Green Transition Scoreboard of Ethical Markets Media finds that private sector investment in green companies and technologies is likely to reach $10 trillion by 2020.
Google Finally Comes Clean on Energy Usage (09/12)
The IT giant's energy consumption continues to grow, but with the help of renewable energy sources and the purchase of carbon offset credits the company claims to have been carbon neutral since 2007.
Barron Partners Forms Solar Energy Company (08/05)
The private equity firm states that the goal of Soltas Energy is the installation of one gigawatt of solar power systems by 2016, and anticipates employing over 1,000 Americans.
Shanghai Stock Exchange to Launch Sustainable Development Industry Index (07/30)
The components of the Index will include companies engaged in energy efficiency as well as renewable energy and other low-carbon operations.
Urgently Needed: Nothing Short of a Technological Revolution (07/13)
A new report by the UN Department of Economic and Social Affairs warns that steps taken thus far to address climate change and food security are woefully insufficient, and argues that $1.9 trillion per year must be spent to end poverty and avert effects of climate change.
Investment in Renewable Energy Up in 2010 (07/11)
The annual survey by the UN Environment Program of investment in renewable energy technologies finds a 32% increase in 2010, to $210 billion.
World Resources Institute Launches Project to Measure Water Risk (06/02)
The Aqueduct project compiles locally specific data on water risks to provide companies and investors with information to manage and reduce exposure.
Investors Take Note of Clean and Sustainable Geothermal Energy Production (09/12)
New technologies such as EGS offer potential for large-scale electricity production and lead to high-visibility investments.
Google Heats Up Next Generation Geothermal Energy (08/22)
As part of its REC Initiative, Google.org invests over $10 million in energy from the Earth.
Investors Still Supporting Clean Energy (08/13)
Even during the current uneasy economic period, clean energy companies are still finding investors
It Takes a Village to Raise a Turbine: Making the Case for Community-Owned Windpower (08/12)
Newly public wind development company is bringing energy ownership and economic improvement to communities.
The Very Rich Green Their Portfolios (07/16)
With European and Middle Eastern investors leading the way, high-net-worth investors are putting their money into green technologies and alternative energy sources.
Renewable Energy Wows World Investors (07/08)
The United Nations Environmental Program reports a new record in sustainable energy investments in 2007 with more than $148 billion invested globally.
Bob Monks: ExxonMobil Exemplifies Corpocracy (06/30)
SocialFunds writers Bill Baue and Francesca Rheannon interview corporate governance advocate Bob Monks about his shareholder activism at ExxonMobil and his new book, Corpocracy.
Shelley Alpern on How Tar Sands Perpetuate Petro-Addiction (06/26)
SocialFunds writer Bill Baue speaks with Shelley Alpern of Trillium Asset Management about its shareholder activism on oil company exploitation of tar sands.
The Sunny Side of the Street: Investing in Solar (06/23)
More investors are seeing the benefits of buying solar stocks, whether to diversify portfolios or to champion an energy movement.
Will 2008 Be the Year Congress Acts on Climate Change? (05/21)
Institutional investors send a message to Congress that action on climate change policy is a business imperative.
Tracking Suppliers' Carbon Footprints (05/01)
The Carbon Disclosure Project reports on the carbon emissions of some of the world's largest corporations' supply chains.
Sunny Days for New Solar Index and ETF (04/21)
Claymore Securities launches new ETF based on Melvin & Company's Global Solar Energy Index.
Ford Establishes Greenhouse Gas Reduction Plan (04/15)
Shareholders withdraw resolutions at Ford after the carmaker agrees to release its plans on how it will decrease greenhouse gas emissions.
New Fund Invests in Tomorrow's Green Stars (04/09)
ThinkCapital launches a green growth fund that focuses on sustainable companies.
New Coal Plants: At What Cost? (03/20)
Uncertainties abound around the 100-plus proposed US coal-burning power plants contends a report from the Interfaith Center on Corporate Responsibility.
New Energy Technologies Entice Investors (03/18)
A report from Clean Edge looks at developments in the clean energy markets and forecasts clean energy sectors will continue their rapid rate of expansion.
Fighting Climate Change, State by State (02/27)
A core group of state treasurers and controllers are moving their investments into environmentally friendly and clean tech funds, while thinking big about climate change.
Economics Push Green Technology (02/20)
New study from PricewaterhouseCoopers reports the technology sector will benefit from the "Green Movement."
Institutional Investors Plan Long-term for Climate Change (02/20)
Summit at the UN unveils an action plan for addressing climate change risks and opportunities.
US Carbon Trading on the Way (02/15)
Analysts predict in 2020 the US will have a $1 trillion carbon trading market.
Three Major Banks Sign The Carbon Principles (02/13)
With the help of environmental groups and power companies, Citi, JPMorgan Chase and Morgan Stanley outline carbon risk management for banks.
Intel Vows to Buy Green Energy (02/05)
Intel tops the list of corporate renewable energy users in the US.
Joel Makower on the GreenBiz.com State of Green Business 2008 Report (02/01)
GreenBiz founder talks about the inaugural report, which surveys the top 10 green business stories of 2007 and introduces the GreenBiz Index.
Growing Interest In Green Investing (01/31)
New research shows that individual investors think the environment is hot, with solar energy an important investment opportunity.
Are Banks Getting Caught With Their Umbrellas Down? (01/14)
A new report from the RiskMetrics Group ranks 40 of the world's largest banks responses to climate change risks and possibilities.
Jolly Green Giant: Google Gives the Green Light to Alternative Energy (12/04)
Google promises millions of dollars to create inexpensive renewable energy.
Taking the Pulse of the Electric and Natural Gas Utilities Sector (11/26)
KLD's newest report provides investors with insight on how US and European utilities are dealing with environmental and societal concerns.
Launch of Five Climate Change Funds May Enrich Investors, But Won't Save the World (11/15)
Deutsche Bank, F&C, HSBC, Schroders, and Virgin Money launch climate funds, a trend that validates the role of finance in addressing--though not solving--global warming.
Growing Up Green: Winslow Offers New Mid-Cap Green Mutual Fund (11/13)
As the green market place expands, Winslow launches a mutual fund to capitalize on middle-sized growth companies that offer green solutions.
Green Financial Products Take Root in North America (11/01)
A new report commissioned by UNEP FI lists green financial services and products as it makes the case for green banking's environmental, social, and economic benefits.
Green Angels: Venture and Private Equity Capitalists Help Sprout a New Generation of Environmentally Friendly Companies (10/17)
Private investors and high-net worth individuals are making a difference--in hopes of making a profit--by actively recruiting start-up and middle-sized companies dedicated to the environment and society.
Emissions Trading Commodifies Carbon, But Does It Really Help Solve Climate Change? (10/15)
Proponents of carbon trading see markets as the best mechanism for reducing emissions, while critics characterize carbon trading as a devil's bargain that steers profits to polluters.
Ardour Global Index Offers Unique Alternative Energy Universe (09/27)
Ardour Global Index adds new companies in quarterly rebalancing, including US manufacturer Beacon Power.
Companies, Carbon and Climate Change: The Carbon Disclosure Project Issues its 5th Global Corporate Climate Change Report (09/24)
More companies are moving from simple carbon awareness to carbon action, but further work still needs to be done.
Canada is Coming Clean: First Canadian Global Clean Energy Fund Launched (09/19)
Criterion Investments has announced its Global Energy Fund, reflecting a growing enthusiasm for clean energy by investors, companies and governments.
Merrill Lynch Offers New Energy Efficiency Index (08/08)
Merrill Lynch expands its line of "green" indexes with a new product that tracks the growing movement to reduce energy costs and CO2 emissions.
Biofuels: Keeping Good Intentions on the Right Path (06/27)
With the biofuels industry growing by leaps and bounds worldwide, controversy is erupting over whether this important new energy source is truly as sustainable as it claims to be.
Banking on the Future: The Two Biggest US Banks To Dedicate Billions to Halting Climate Change (05/16)
Citigroup and Bank of America have pledged billions of dollars to help fight climate change while a new report questions Chinese banks' environmental policies.
Risky Business: The Outlook for Investing in Nuclear Power (05/10)
A new report scrutinizes the nuclear industry from an investor's perspective and finds a rotting fantasy of cheap energy and huge returns.
Carbon Offsets: Modern-Day Indulgences to Assuage Carbon Guilt or Market Mechanism for Supporting Clean Energy (04/04)
Even as they gain popularity as a climate change solution, carbon offsets have come under considerable criticism for diluting action on global warming--the truth likely resides between these extremes.
Concerned Investors and Businesses Call for Congress to Pass a Carbon-Cap or Wear a Dunce Cap (03/27)
A large group of institutional investors and US companies call on the federal government to pass legislation to fight climate change that includes a demand for mandated cuts in greenhouse gasses.
S&P Tracks Sustainability With a New Global Index (03/15)
S&P jumps into the growing pool of sustainability indexes with the launch of its Global Thematic Index Series.
Citigroup, Lehman Brothers, and UBS Report on Climate Risks and Opportunities for Investing (02/27)
Lehman Brothers and UBS agree climate change represents a market failure for neglecting to price carbon externalizations in valuations, while Citigroup makes specific stock picks.
Top Five Socially Responsible Investing News Stories of 2006 (01/05)
Green investing booms, microfinance pioneer wins Nobel Peace Prize, shareowner democracy increases, resolutions receive record votes, and UN launches Principles of Responsible Investment
Launch of Three New Clean Tech Indexes Culminates Banner Year for Green Investing (12/29)
The three Jefferies Global Clean Technology Indexes join the half-dozen green indexes introduced this year.
Rainforest Action Network Seeks to Stem Flow of Financing to TXU Coal Project (12/20)
Part two of this two-part articles addresses how RAN sent a letter to 54 banks urging them to withhold funding from a TXU plan to build 11 pulverized coal-burning power plants in Texas.
TXU Shareowners File Three Resolutions Questioning Wisdom of Pulverized Coal Plants (12/19)
Part one of this two-part article examines how shareowners are raising environmental and regulatory concerns over the TXU coal expansion plan, as well as environmentally preferable alternatives to coal such as energy efficiency.
Another Clean Energy Exchange Traded Fund to Launch (12/12)
First Trust Advisors is slated to introduce an ETF that tracks the NASDAQ Clean Edge US Liquid Series Index early next year.
Eight Percent of Fortune 500 Taking EPA Challenge to Double Their Green Energy Use (12/05)
Fortune 500 companies are installing renewable energy generation on-site as well as purchasing green power directly or through renewable energy certificates.
The Growth of Green Building Funds (11/30)
A new urban green real estate fund from Revival Fund Management exemplifies a budding trend toward private funds capitalized by accredited investors.
Merrill Lynch and World Resources Institute Issue Second Auto Sector Climate Change Report (11/15)
The report again balances stock picking and investment analysis with in-depth discussion of regulatory and market developments in response to global warming and energy security concerns.
As Climate Debate Matures, Companies Strategize Solutions and Investors Push for Disclosure (11/03)
Companies are taking tangible actions to minimize risks and seize opportunities related to climate change, while investors promote more robust climate-related disclosure.
Two New ETFs Fight Climate Change: One Bridges Shift to Cleaner Energy, One Pushes Cleantech (11/02)
The PowerShares WilderHill Progressive Energy Portfolio and the PowerShares Cleantech Portfolio offer investors increasing choice for investing in climate change solutions.
BP, John Deere, Goldman Sachs, and Allianz Among Renewable Energy Award Winners (09/27)
The third annual award ceremony, sponsored by Euromoney and Ernst and Young, took place during the Renewable Energy Finance Forum.
Hydropower Stocks as an Alternative Energy Play (08/31)
Phaethon and Creative Investment Research recommend hydro to gain exposure to the energy boom, contending new technologies offer potential for reducing environmental impacts.
Alternative Energy Revolution Fueled by New Fund Launches Despite Sector Downturn (08/17)
The launch of the Guinness Atkinson Alternative Energy Fund testifies to optimism about the sub-sector echoed by the launch of the first renewable energy hedge fund by Ardsley Partners.
Biofuels May Not Be Sustainability Panacea, According to Bank Sarasin Report (08/02)
The report identifies strengths and weaknesses of biofuels from social and environmental perspectives, as well as positing minimum sustainability criteria to qualify for investment.
BP, Suncor, and Shell Top Oil Sector Sustainability Rating; Chevron and ExxonMobil Rank Low (08/01)
The report by Jantzi Research examines 23 oil companies worldwide on environmental issues such as greenhouse gas emissions as well as human rights and other social issues.
Missouri Farmers Union Credit Union Supports Sustainability in Low-Income Rural Areas (07/10)
The new credit union supports cooperative entrepreneurial models that advance social responsibility and environmental sustainability in low-income agricultural regions.
World Resources Institute and Citigroup Team Up to Report on Solutions to Climate Change (06/15)
The report recommends a dozen companies poised to profit from a carbon-constrained future, including Archer Daniels Midland, Caterpillar, Cypress Semiconductor, GE, Itron, Johnson Controls, Monsanto, and Waste Management
Winslow and Jupiter Launch Global Green Fund Using Only Positive Environmental Criteria (06/12)
The Jupiter Green Investment Trust pioneers cross-continent collaboration and evolution from negative screening to positive sustainability criteria.
Survey Starts to Pry Open Black Box of University Endowment Holdings and Proxy Voting (05/31)
The survey, conducted by the Sustainable Endowments Institute, finds the vast majority of universities and colleges veiling their holdings and proxy voting records in secrecy.
Ecological Community Loan Pool Directly Links Ecologically Minded Investors to Eco-Preneurs (05/23)
The portal created by Ecostructure Financial tweaks the community development financial institution model to allow investors to lend directly to startups solving environmental problems.
Another Clean Energy Index Launches to Capitalize on Transition from Dependence on Fossil Fuels (05/10)
The NASDAQ Clean Edge US Index joins several other recently launched clean energy indexes tracking solar photovoltaic, biofuel, wind, and fuel cell companies.
Is Contrarian Investing Consistent With or Contrary to Socially Responsible Investing? (04/07)
SRI practitioners say that the contrarian focus on long-term prospects and overall health of a company suggest yes, while its focus on timing suggests maybe no.
Corporate Action on Climate Change Improves Over Past Three Years, But Still Insufficient (03/28)
A report from Ceres benchmarks corporate governance on climate change, finding steady gains by leaders while some laggards leapfrog toward the top and other laggards stagnate at the bottom.
Cost of Clean Energy Decreases to Compete with Its Dirtier Counterparts, According to Report (03/21)
The Clean Edge report surveys clean energy, documenting market growth, strong stock performance, and expansion of venture capital investment, as well as projecting future trends.
US Banks Sink to the Bottom of the Barrel on Latest Sustainability Ratings from Oekom (03/14)
Most US banks fail to disclose enough information on their social and environmental performance to qualify for analysis, and only four of 21 analyzed earned above D-level grades.
Wells Fargo Issues Alternative Energy Report to Join Ranks of Banks Advancing SRI Research (03/08)
The report provides an overview of the alternative energy market as well as the pros and cons of investment opportunities in wind, solar, hydroelectric, hydrogen, biomass, and even nuclear.
Evergreen Solar and Energy Conversion Devices Rated Outperformers in Piper Jaffray Solar Report (02/23)
The report continues a trend of mainstream equity research using socially responsible investing strategies, and SRI funds confirm this assessment through wide exposure to these two companies.
Opening the Umbrella of Socially Responsible Investing to Include Energy Efficient Mortgages (02/21)
Indigo Financial Group promotes energy efficient mortgages, which have long been available through a Fannie Mae program but have yet to reach their market potential.
Two New Indexes Help Wean Us From Oil Addiction Via Clean Energy and Cleantech (02/10)
The WilderHill New Energy Global Innovation Index tracks clean energy companies internationally, while the Cleantech Index tracks cleantech companies in the US.
Whole Foods, FedEx Kinko's Snap up Renewable Energy Credits (01/19)
Renewable energy credits continue to gain ground in North America as FedEx Kinko's and organic supermarket chain Whole Foods Market each announce major new purchasing deals.
Wal-Mart Faces Host of Shareowner Resolutions, From Union-Busting to Sustainability Reporting (01/06)
The broad range of resolutions suggests that the sustainability commitments announced by Wal-Mart last year did not convince shareowners that the company has solved all its challenges.
Solar Energy Helps Fuel Socially Responsible Investing (12/15)
Managers from Winslow Green Growth Fund, New Alternatives Fund, and Portfolio 21 discuss the opportunities and challenges of investing in solar power.
A Light Bulb Turns On: Goldman Sachs First Investment Bank to Adopt Environmental Policy (11/30)
The policy matches the robustness of other such policies recently adopted by global financial institutions, but the status of Goldman Sachs as an investment bank brings added significance.
Wal-Mart Embraces Sustainability: Does the SRI Community Buy It? (10/26)
Socially responsible investors cautiously applaud Wal-Mart for committing to social and environmental sustainability, but remain highly skeptical about actual implementation.
Rising Oil Prices Fuel Investment Returns in Renewable Energy for New Alternatives Fund (10/14)
The first environmental mutual fund is also globalizing its reach to capitalize on innovative developments in alternative energies in other countries.
Spreading SRI: Goldman Sachs Adds Its Own Twist in Social and Environmental Assessment (10/05)
As socially responsible investment strategies migrate into the mainstream, mainstream analysts apply social and environmental considerations in innovative ways.
A Next Generation SRI Strategy: The Henderson Industries of the Future Fund (09/13)
By extending to its entire portfolio a focus on ten sustainability industries, Henderson has conceived of a novel approach to socially responsible investing.
Nuclear Power: Still an Environmental Scourge or Now a Climate Change Mitigator? (06/09)
Despite prominent environmentalist opinions that low greenhouse gas emissions of nuclear power eclipse its problems, socially responsible investment funds still screen nukes out.
Institutional Investors Call on SEC, Wall Street, and Companies to Address Climate Risk (05/11)
The second Investor Summit on Climate Risk focused on information, from the perspectives of disclosure, data generation, and analysis, as a key to transforming climate risk into opportunity.
JPMorgan Chase Environmental Policy Triggers Tipping Point for US Bank Sustainability (04/29)
The JPMC policy surpasses environmental best practice established by Citigroup and Bank of America in some areas, but also lags these sustainability leaders in others.
Climate Change Offers Opportunities: An Interview with Tim Wirth, President of the UN Foundation (04/19)
At the Ceres conference in Boston last week, SocialFunds.com sat down with Tim Wirth to discuss the opportunities for companies presented by the climate change issue.
Faith-Based and Environmentalist Shareowners Withdraw Climate Change Resolutions at Six Companies (03/22)
The six oil and gas companies commit to measure, mitigate, and disclose data related to global warming, and evangelicals join their faith-based compatriots in concern over climate change.
Two Socially Responsible Investment Exchange Traded Funds Launch (02/01)
The iShares KLD Select Social Index Fund seeks broad diversification and low risk, while the PowerShares WilderHill Clean Energy Portfolio ETF invests in renewable energy companies.
Book Review--Capitalism at the Crossroads: The Unlimited Business Opportunities in Solving the World's Most Difficult Problems (12/21)
According to author Stuart Hart, sustainable global enterprise holds the key to reducing poverty, reversing environmental destruction, and even counteracting terrorism.
European Utilities Top Oekom Sustainability Rankings, US Utilities Crowd the Bottom (10/28)
Corporate sustainability rating firm Oekom Research rewards climate change mitigation and enhancing energy accessibility for the economically disadvantaged in its latest report.
Shell and BP Top Innovest CSR Ratings of Integrated Oil and Gas Companies (10/13)
Marathon and several companies operating in emerging markets sink to the bottom of the rankings of corporate social responsibility performers.
New Web Tool Identifies Climate Risk and Opportunity in 24 Biggest Mutual Funds (09/10)
KLD Research & Analytics information reveals both positive and negative corporate performance on climate change, allowing retail investors to lobby their mutual funds.
First Alternative Energy Index Spawns Exchange Traded Fund (09/09)
The WilderHill Clean Energy Index, published by the American Stock Exchange, will serve as the basis for an exchange traded fund from PowerShares Capital Management.
Climate Change a Nuisance? Nine State and City Attorneys General Bet a Lawsuit On It (08/06)
The first climate change lawsuit against corporations, aimed at the top five US carbon dioxide emitters in the utility industry, cites federal common law on public nuisance.
Keeping Score: The Mathematics and Linguistics of the World Bank Extractive Industries Review (07/28)
World Bank Group management and socially responsible investors interpret EIR recommendations differently.
ExxonMobil Mocks Climate Change, Maine Treasurer Finds It No Laughing Matter (05/27)
Senior management remains resolute in its disbelief of climate change risk.
New Bank of America Policy Sets Best Practice on Climate Change in US Bank Sector (05/26)
Environmentalist organization Rainforest Action Network helps usher Bank of America into the vanguard of US banks improving their environmental responsibility.
Carbon Disclosure Project Report and Greenhouse Gas Protocol Release Second Editions (05/19)
Climate change initiatives get a significant boost this month with the release of two revised editions of a report and a protocol for addressing global warming.
Shareowner Resolution Withdrawn as JP Morgan Chase Addresses Environmental Risks (05/14)
A group of socially responsible investment advocates withdrew a shareowner resolution from JP Morgan Chase when the company established an office of environmental affairs.
Social and Environmental Best Practice Linked to Financial Outperformance in Electric Sector (04/08)
Innovest releases another sector report correlating progressive social, environmental, and governance practices and policies with financial outperformance.
Nuke Producer GE Energy Buys Solar Producer AstroPower (04/06)
The GE Energy buyout of AstroPower represents a Catch 22 for social investors, who generally seek to support renewable energy but screen GE for its nuclear production.
Social Investors Urge World Bank to Adopt Extractive Industries Review Proposals (03/23)
If adopted by the World Bank, EIR recommendations could serve as a social and environmental best practice benchmark for oil, gas, and mining companies.
California Treasurer Proposes Environmental Screening for State Pension Investments (02/06)
California Treasurer Phil Angelides pitches the Green Wave Initiative to CalPERS and CalSTRS, the state's huge pension funds, asking them to support green investments.
ExxonMobil Contributed Five Percent of Global Greenhouse Gas Emissions in Last 120 Years (01/30)
Friends of the Earth releases two studies that attribute one twentieth of global climate change to ExxonMobil. The company questions these findings, as it questions climate change.
The Rashomon Effect: Why Do Innovest and Oekom Rate Toyota's Environmental Performance So Differently? (01/20)
A Japanese film may help investors understand the discrepancy between the environmental ratings of Toyota by Innovest and Oekom.
Top Five Social Investing News Stories of 2003 (12/19)
The major social investing news stories of the year include SEC reforms, stock exchanges mandating social, environmental, and corporate governance practices, and climate risk assessment defined as a fiduciary duty.
2003 Proxy Season Roundup: Shareowner Action Success Measured On and Off the Record (12/17)
While the 2003 proxy season produced some impressive numbers, shareowner advocates also define success in ways that are not easily quantifiable (Part one of a two-part article.)
UN Institutional Investor Summit Considers Opportunities of Addressing Climate Change (11/26)
Institutional investors make the business case and investment case for assessing, reporting, and mitigating climate change in a summit at the UN (part two of a two-part article).
Carmakers and Carbon Constraints: Who Will Capitalize and Who Will Cave? (11/20)
A new report assesses ten auto companies’ relative readiness for reduced carbon emissions and increased fuel efficiency regulations in Japan, the EU, and the US.
Dow, GM, and Johnson & Johnson Lead the Charge to Green Power (09/30)
The 12 members of the Green Power Market Development Group have purchased almost 100 megawatts of green power from renewable resources since last summer.
Environmental Best Practice Tied to Financial Outperformance in Food Retail Industry (09/03)
Innovest's latest report shows that environmental leaders in the global food and drug sector financially outperform the sector's environmental laggards.
UN to Hold Corporations More Responsible for Human Rights and the Environment (08/26)
A UN sub-commission adopted a resolution calling for transnational corporations to be held more accountable for human rights protection and environmental stewardship.
Ford's Latest CSR Report Increases Transparency by Using GRI Guidelines (08/12)
Ford's decision to base its 2002 Corporate Citizenship Report on Global Reporting Initiative (GRI) guidelines will help analysts get a fuller picture of the company's performance (part one of a two-part article).
Members of Congress Consider Social and Environmental Disclosure in SEC Filings (07/11)
A group of Senators and Representatives summoned a symposium on the need for social and environmental disclosure by companies in their SEC filings.
Report Connects the Dots Between Corporate Governance and Climate Change Risk (07/10)
A report reveals the degree to which 20 major global companies use corporate governance to address climate change risks and opportunities.
Book Review: Eco-Service Development: Reinventing Supply and Demand in the European Union (06/06)
A new book presents the business case for promoting sustainable development through "eco-services," or the switch from a product-oriented to a service-oriented culture.
FedEx and UPS Green Up Their Fleets With Hybrid Electric and Fuel Cell Vehicles (06/03)
FedEx introduces hybrid electric delivery vehicles, while UPS is investing in fuel cell technology.
Religious Institutions Issue Benchmarks for Corporate Social Responsibility Performance (05/28)
A global coalition of religious activists have published the third edition of a comprehensive set of guidelines for corporate social and environmental performance.
Report Asks When ExxonMobil Will Wake Up to Climate-Related Risks (05/15)
For the second year in a row, a report tells ExxonMobil shareowners to beware of the significant risks the company faces in terms of how the oil giant addresses climate change.
Earth Day Founder Not the Only One to Link Climate Change and Investing (04/22)
The voices of institutional investors representing public pension funds join those from the insurance industry to advance a business case for addressing climate change.
Is the Sun Setting on AstroPower? (04/17)
Once the darling of the green investors, AstroPower's share price has plummeted precipitously over the past year.
When Lightning Strikes: Portfolio 21 Applies The Natural Step's Sustainability Theories (04/03)
Portfolio 21 applies environmental screens based on the principles of the Natural Step, which promotes sustainability.
Investing in Wind Energy Is Not a Breeze (03/07)
With few pure players in the domestic wind energy sector, investors who want exposure to wind energy must commit their money overseas.
ExxonMobil Receives 23 Shareowner Resolutions on Issues Ranging from Climate Change to Corporate Governance (02/26)
Concerted shareowner action this proxy season targets ExxonMobil over such issues as its refusal to address climate change and its coupling of CEO and Chairman of the Board.
Carbon Disclosure Project Informs Investors of Climate Change Risks and Opportunities (02/18)
A new report finds that companies stand to gain competitive advantage by addressing climate change.
National Wildlife Federation and Amnesty International USA Embrace SRI (02/11)
Two well-known advocacy organizations have made a commitment to lowering the wall between their program activities and their investments.
Prince Albert of Monaco Helps Launch a New Sustainability Fund (02/07)
Instead of investing directly in equities, this new "fund of funds" from Monaco invests in SRI and sustainability funds.
Green Banking (01/23)
Ten exemplary "green banking" enterprises were honored recently, highlighting the growth of environment-friendly community investing.
ICCR Proxy Resolutions Book Gauges Shareowner Action Climate (01/22)
In its new publication, the Interfaith Center on Corporate Responsibility rounds up the social and environmental shareowner resolutions to be voted on in the 2003 proxy season.
Global Warming Shareowner Resolution Filed at "Filthy Five" Electric Companies (01/17)
A coalition of institutional investors has filed a shareowner resolution calling on five electric power producers to report on the business risk of their greenhouse gas emissions.
Sierra Club Launches SRI Mutual Funds (01/15)
The Sierra Club is harnessing its name recognition and expertise on corporate environmental performance with its launching of an SRI equity mutual fund and an SRI balanced mutual fund.
Humans' Overuse of Earth's Resources Exceeds Sustainability by 20 Percent (12/11)
A new report on the ecological footprints of 146 nations documents unsustainable consumption, a phenomenon that, unchecked, will deplete the world's natural resources.
UNEP Advises Financial Sector on Threats and Opportunities Related to Climate Change (10/17)
A recent United Nations Environment Programme Finance Initiative report outlines the financial sector's risks and opportunities regarding climate change.
Utilities: They're Not Just for Widows and Orphans Anymore (10/04)
Utilities may represent a wise investment in this bear market, especially for socially responsible investors seeking to capitalize on companies that have the best environmental records.
Hazardous Waste as Fuel: Conservation or Corporate Irresponsibility? (09/11)
The cement industry calls the use of hazardous waste to fuel cement kilns recycling while critics of the practice call it dangerous.
Institutional Investors Are Slow to Apply SRI to Fixed Income (09/03)
While many institutional investors apply SRI strategies to the equity portion of their portfolios, they are leaving their income investments relatively untouched.
New Tool Quantifies Corporate Environmental Performance (08/20)
London-based TruCost launched a single-framework rating tool that allows for a quantitative comparison of companies' environmental performance.
Alternative Strategies for the Alternative Energy Sector (08/14)
The recent downturn in alternative energy stocks is not necessarily reason for social investors to abandon the sector altogether.
Rio + 10 Series: The Sustainability of the World Summit on Sustainable Development (08/02)
Organizers are working to reduce the environmental impacts of the Johannesburg Summit.
Oil and Gas Company Environmental Risk Should Concern Investors (07/25)
Innovest and the World Resources Institute released reports this week that illustrate how environmental risk can affect the shareowner value of oil and gas companies.
Rio + 10 Series: Two UNEP Reports Chart Past, Present, and Future Course of Sustainable Development (07/13)
Assessments of the progress since the Rio Summit guide the blueprints for the Johannesburg Summit.
Rio + 10 Series: Progress and Regress--Energy Sectors Report on Their Efforts Toward Sustainability (07/05)
Three industry sectors that supply energy--oil and gas, coal, and electricity--reported on their improvements and shortcomings in sustainable development since the Rio Summit.
Rio + 10 Series: A Brief History of the Earth Summits--From Rio to Johannesburg (06/14)
SocialFunds.com presents a historical snapshot of the Rio Summit and surveys some significant developments leading up to the Johannesburg Summit. (the second in a series of articles leading up to the Johannesburg Summit)
Rio + 10 Series: A Brief History of the Earth Summits--From Stockholm to Rio (06/07)
SocialFunds.com examines the significant events, theories, and people that contributed to the first two global summits on human interaction with the environment. (the first in a series of articles leading up to the Johannesburg Summit.)
Annual Meeting Focuses Pressure on ExxonMobil (05/24)
Some shareowners and NGOs claim that ExxonMobil's environmental and social practices are hurting the company's profitability.
Two Balanced Social Funds Outperform Over the Longer Term (04/12)
The Pax World Balanced Fund and The Green Century Balanced Fund beat over 90 percent of their peers over a five-year period.
Companies Skirt Disclosure of Environmental Liabilities (04/08)
New study echoes social investors' call for the SEC to strengthen its rules regarding corporate disclosure of environmental liabilities.
Survey Holds Money Managers Accountable (04/02)
A recent AFL-CIO survey may prod money managers to examine their proxy voting on labor issues, but some in the social investment community note that the interests of organized labor and social investors sometimes diverge.
Verdict Still Out on Costa Rica Offshore Drilling (02/20)
Although American companies Harken Energy and MKL-Xplorations purchased the rights to drill for oil off the coast of Costa Rica in 1998, drilling has not started as local organizations voice concerns.
Book Review: Eco-Economy (02/15)
Pioneering environmentalist Lester R. Brown fuses ecological consciousness into economics to create "eco-economy," an economic system that would preserve natural resources while continuing to generate wealth.
Report Criticizes GM's Poor Fuel Efficiency, Applauds Its Other Environmental Efforts (01/31)
CERES reported on GM's environmental record, praising the majority of the carmaker's initiatives but condemning its failure to improve overall fuel efficiency in its fleet.
Swiss Insurance Company Invests in Sustainability (01/25)
The reinsurance giant Swiss Re supports sustainability not only in its business practices but also in its investments, and has one portfolio committed exclusively to sustainability.
Capstone Generates Interest in Microturbines (12/14)
Capstone Turbine Corporation offers environment-friendly alternatives to electricity generation for multiple applications.
Global Energy Providers Score Well in Corporate Responsibility Ratings (12/06)
New study by German research firm Oekom identifies several trends developing worldwide in the power delivery sector.
GEMI Elevates Environmental Consciousness from the Bottom to the Top Line (12/03)
The Global Environmental Management Initiative releases a new report promoting environment-friendly methods of enhancing corporate performance.
Environmentalists Attempt to Dam Hydroelectric Project (11/17)
Canadian energy supplier Fortis, Inc. faces strong opposition from environmentalists over its proposed hydroelectric dam on the Macal River in Belize.
Businesses Convey Interest in Sustainable Mobility (11/05)
Report on the challenges of achieving long-term sustainable transportation offers multinational automotive and energy companies, as well as governments, food for thought.
EPA Program Recognizes Better Corporate Environmental Performance (11/02)
Performance Track motivates and rewards businesses that exceed EPA's environmental standards.
Reducing Greenhouse Gases by Making Fizz (11/01)
An innovative venture enables a Shell subsidiary to sell excess carbon dioxide for soft drink manufacturing, but social investors should know that the company is still miles away from being socially responsible.
Mirant Commits $50 Million to Climate Change Solutions (10/05)
Energy company's plans include a more robust and transparent environmental policy.
EPA Partners with Businesses to Promote Green Power (09/27)
Voluntary program has enlisted companies, cities, universities and others with the aim of boosting the market for renewable energy.
Ethanol Producer Looks to Growth in Fuel Additive Market (09/20)
High Plains Corporation is expecting increasing demand for its products because of concern over MTBE's environmental impact.
Political Contributions Bring Oil Drills Closer to ANWR (08/31)
U.S. PIRG finds unsurprising correlation between oil company political donations and House members that voted to allow drilling in the Arctic National Wildlife Refuge.
Fuel Cell Stocks Lose A Little Spark (08/03)
But for the social investor who does not get jolted by volatility, the sector may generate long-term gains.
Labor Standards Resolutions Garner Support in 2001 Proxy Season (07/11)
Ten international labor and human rights proposals that came to vote this year received 10 percent or more support from shareowners.
Companies Using NAFTA to Undermine Legitimate Regulations (06/12)
New report explains how the U.S., Canadian and Mexican governments' ability to regulate in the public interest is being eroded by NAFTA's Chapter 11.
Telecommunications Industry Calls for Sustainability (06/05)
Some of the world's largest information and communications technology companies form an alliance to promote sustainable development.
ExxonMobil Feeling Heat on Both Sides of the Atlantic (05/17)
Shareholder resolutions and boycotts put pressure on oil giant to change its stance on global warming and embrace clean energy.
Winslow Launches New Green Mutual Fund (05/16)
The Winslow Green Growth Fund will seek small- and mid-cap companies with superior environmental performance.
SAM Sees Future Profits in Energy (04/25)
New European investment company will invest in companies with innovative technologies and services that realize more efficient and environment-friendly energy use.
Major UK Fund Manager to Require Environmental Reporting (04/19)
Institutional investors are increasingly seeing the need for environmental disclosure.
Environmental Groups Endorse Shareholder Resolutions (04/12)
Environmental advocates ask for support for pro-environmental resolutions at a wide range of companies.
Shopping for Responsibility (04/02)
Internet site is helping consumers base shopping decisions on values.
New Venture Fund Aims to Shed Some Light (03/23)
The first solar energy venture fund will provide capital to companies distributing solar energy products or services in unelectrified rural areas in developing countries.
New Alternatives Fund Invests in a Greener Future (01/26)
The first environmental mutual fund remains optimistic about the future economic opportunities of alternative energy.
BP Amoco Leads the Industry into a Greener Future (12/23)
Several recent steps taken by BP Amoco to improve environmental performance have highlighted its leadership in the oil industry.