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Bank of America, GE, Schlumberger dropped from Dow Jones sustainability index
11 September 2014General Electric, Bank of America Corp and Schlumberger have all been dropped from the Dow Jones Sustainability Indices (DJSI) this year, following an annual review of constituents carried out by sustainable investment specialist RobecoSAM.
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Water Benefit Standard set to issue first certificates
05 August 2014An initiative that aims to raise millions of dollars to finance water projects is set to issue its first certificates ahead of its official launch next month, Environmental Finance can reveal.
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'Responsibility reporting is now mainstream, but still not linked to performance'
09 December 2013The majority of big companies produce Corporate Responsibility (CR) reports but only 5% are linked to financial performance, leaving them open to accusations that they are merely 'greenwash', an event to mark the launch of a new study heard.
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Investors warn palm oil companies and financiers on climate change risks
05 December 2013A $270 billion investor coalition has called for palm oil producers and their financiers to adopt policies to ensure they do not contribute to climate change.
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Companies' efforts to tackle water risk are 'inadequate'
31 October 2013Companies increasingly recognise that threats to their water security pose a significant risk to their business, but their response to problem is often "inadequate and misguided", the latest CDP Global Water Report has warned.
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BoA, UBS in, but HSBC out of sustainability index
12 September 2013Bank of America, UBS and United Parcel Service are the largest of 39 companies admitted to the Dow Jones Sustainability Indexes (DJSI), following an annual review of constituents carried out by sustainable investment specialist RobecoSAM.
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Financial rewards drive emissions reductions, says CDP
12 September 2013Financial incentives for employees, particularly at board level, are powerful drivers of corporate action on climate change, according to a major new survey.