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Aligning Flows of Capital with Tackling Climate Change
James Leaton, Carbon Tracker InitiativeThe Carbon Tracker Initiative (CTI) was set up a few years ago to investigate what levels of future carbon emissions were being financed. By comparing the stocks of carbon in the form of coal, oil, and gas in the ground with carbon budgets that equate to degrees of warming, we have demonstrated the huge overhang of carbon in our energy system – what we refer to as “unburnable carbon.” more[...]
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ACCIONA Exports Sustainability
Juan Ramón Silva Ferrada, Acciona
AccionaACCIONA’s business model is tightly linked to sustainability. ACCIONA’s 2015 Sustainability Master Plan states that each new international project must be backed up by a social impact assessment. The point is to ensure respectful and efficient interaction with local communities, mitigate risks, and improve the company’s relationships with the communities where it operates. As a flagship of ACCIONA’s commitment to the local residents of project areas, one could do no better than to look to the Mexican state of Oaxaca, where the company has four wind farms, and to Brisbane, Australia, where ACCIONA is participating in the construction and operation of the Legacy Way Tunnel. more[...]
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How High Is Sustainability on the European Policy Agenda?
Elena MocanuFaced with economies still struggling to make ends meet, the European Union’s take on sustainability relies heavily on fundamental industry makeovers for signs of economic recovery. more[...]
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The German Energiewende – Our Contribution to a Sustainable Energy System
Sigmar GabrielPeople around the world are observing the progress being made by Germany on its energy reforms (known as the “Energiewende”), which are no less than a complete overhaul of its energy supply system, entailing the phase-out of nuclear energy, a reduced reliance on fossil fuels, the promotion of energy efficiency, and the establishment of renewable energies as the main sources of energy. more[...]
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Sustainability Standards for US Corporate 10-K Reporting
The Sustainability Accounting Standards Board (SASB) provides sustainability accounting standards for use by publicly listed corporations in the United States when disclosing material sustainability issues for the benefit of investors and the public. SASB standards are designed for disclosure in mandatory filings to the Securities and Exchange Commission (SEC), such as the 10-K and 20-F forms. SASB is an independent 501(c)3 non-profit organization and is accredited to set standards by the American National Standards Institute (ANSI). more[...]
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India’s CSR Story
Namrata Rana
Dr. Utkarsh Majmudar, FuturescopeThe Indian Companies Bill is a remarkable piece of legislation. With one stroke, it has mandated CSR spending across a multitude of companies. It is the result of months of discussions with NGOs, companies, politicians, and bureaucrats, and it is estimated that $3 billion in capital will be generated annually through the money spent by 16,000 companies on CSR (2% of net profits). more[...]
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Global Trends Toward Mandatory CSR
Disclosure efforts by governments around the world more[...]
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CSR around the world
CSR examples from Africa, Latin America, China and the Middle East more[...]
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Cooperation Between BASF and European Water Partnership on Sustainable Water Management
BASF SE
Dr. Brigitte Dittrich-Krämer, BASF
Dr. Andrea Stögbauer, BASFWater is a vital resource – for both humanity and for the chemical industry. BASF uses water as a coolant, solvent, and cleaning agent, as well as in its products. At the same time, BASF offers its customers solutions that help to purify water, use it more efficiently, and reduce contamination. In order to further develop these solutions, BASF works closely with experts from various fields, while ensuring that the sustainable use of water remains a key priority here. more[...]
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