Financial

Big Four Audit Firms Lead Sustainability Assurance Services

Big Four Audit Firms Lead Sustainability Assurance ServicesThe Big Four financial audit firms are the top “green counters,” too, leading the market in corporate sustainability assurance services, according to a new ...

June 22, 2011

Enablon Raises $15m in Growth Capital

Enablon Raises $15m in Growth CapitalEnablon, a provider of sustainability management software, has received a $15 million investment from the Environmental Technologies Fund. The financing will support the ...

June 21, 2011

Japanese Firms Turn Out Lights, Redefine Weekend to Save Energy

Japanese Firms Turn Out Lights, Redefine Weekend to Save EnergyJapan is embracing energy efficiency at an unprecedented rate, as the country continues to deal with the fall-out from its nuclear energy crisis, the ...

June 20, 2011

Insurance Company Sees Big Savings From Energy Investments

Insurance Company Sees Big Savings From Energy InvestmentsA new rooftop solar power system at Harleysville Insurance in Harleysville, Pennsylvania will generate about 15 percent of the annual energy needs of the company's ...

June 17, 2011

Investors Blast 43 Firms for ‘Contradictory’ Climate Stance

Investors Blast 43 Firms for ‘Contradictory’ Climate StanceAT&T, GE, GM and Ford are among the who’s who of corporate America that has been accused of taking contradictory positions on ...

May 25, 2011

PNC Plans ‘World’s Greenest Skyscraper’

PNC Plans ‘World’s Greenest Skyscraper’The PNC Financial Services Group Inc. has announced that it plans to construct what it says will be the world’s most environmentally friendly ...

May 25, 2011

EL Pro Environmental Software Briefing: PG&E, Hara, SQLstream

Environmental Software Briefing: PG&E, Hara, SQLstreamPacific Gas & Electric has revealed that it is using Enviance’s environmental enterprise resource planning software. PG&E is already using the system but ...

May 19, 2011

Bank of America Targets 15% GHG Cut

Bank of America Targets 15% GHG CutBank of America aims to reduce its greenhouse gas emissions by 15 percent by 2015, against a 2010 baseline, the company announced ...

May 18, 2011

TD Bank Opens Net-Zero Branch, Powered 100% by On-Site Solar

TD Bank Opens Net-Zero Branch, Powered 100% by On-Site SolarTD Bank opened what it says is the first net-zero energy bank location in the U.S. in Ft. Lauderdale, Florida. The U.S. DOE defines a net-zero ...

May 13, 2011

Citi Launches Socially Responsible Cash Collateral

Citi Launches Socially Responsible Cash CollateralCiti has announced the addition of “socially responsible investment solutions” to its securities lending cash collateral investment program. The company’s securities lending clients can now ...

May 6, 2011

EL Pro Bloomberg Claims 200% ROI on Sustainability

Bloomberg Claims 200% ROI on SustainabilityEvery dollar that Bloomberg has spent on sustainability has saved two dollars in operating costs, according to the company’s first public sustainability report. The ...

May 6, 2011

PPAs, Other Deal Financing Tools will Weigh on Balance Sheets

PPAs, Other Deal Financing Tools will Weigh on Balance SheetsThe Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have amended their accounting standards, writes BusinessTimes. And the new rules ...

May 4, 2011

Aviva Tops Carbon Rankings; Nokia Also Does Well

Aviva Tops Carbon Rankings; Nokia Also Does WellAviva has topped rankings of Europe’s largest 300 companies by their carbon intensity, which also shows strong performance from Nokia and Swisscom. The ...

April 28, 2011

Coca-Cola Shareholders Urge BPA Disclosure

Coca-Cola Shareholders Urge BPA DisclosureOver a quarter of Coca-Cola shares have supported a resolution addressing bisphenol-A (BPA) in can linings, as shareholder activist group As You Sow ...

April 28, 2011

EL Pro Citi Cuts Carbon Relative to 2005 Levels for First Time

Citi Cuts Carbon Relative to 2005 Levels for First TimeCiti reduced its greenhouse gas (GHG) emissions relative to 2005 levels for the first time in 2010, and the company says it ...

April 21, 2011

High Carbon Emitters ‘Are Valued Lower’

High Carbon Emitters ‘Are Valued Lower’S&P 500 companies’ value declines by $202,000, on average, for every additional thousand metric tons of carbon they emit, according to new ...

April 20, 2011

Santander, Goldman ‘World’s Greenest Banks’

Santander, Goldman ‘World’s Greenest Banks’Banco Santander has been declared the world's greenest bank in rankings by Bloomberg Markets magazine. Eight of the top ten banks are ...

April 6, 2011

EL Pro ING Air Travel Up 25%; Firm Stays Carbon Neutral

ING Air Travel Up 25%; Firm Stays Carbon NeutralING Group's share of electricity from renewables held steady from 2009 to 2010 at 62 percent, but the company last year saw a ...

April 5, 2011

Backed by $7.6 Trillion Worth of Investors, CDP Urges Companies to Cut Emissions

Backed by $7.6 Trillion Worth of Investors, CDP Urges Companies to Cut EmissionsInstitutional investors managing $7.6 trillion yesterday called on companies in the FTSE Global 500 to institute cost-effective programs to reduce greenhouse gas emissions. A group ...

April 5, 2011

Siemens and Carbon Trust to Launch $890m of Energy Efficiency Loans

Siemens and Carbon Trust to Launch $890m of Energy Efficiency LoansSiemens and the U.K.'s Carbon Trust have announced a finance program to cover the upfront costs that businesses face when switching to the ...

March 7, 2011