Financial
GreenX, ICE Launch Calif. Carbon Futures
Exchange firms GreenX and IntercontinentalExchanges have today launched futures contracts tied to the California carbon market.
ICE announced that the first trade of the California Carbon Allowance ...
CFO’s Sustainability Role Still Growing, E&Y Says
Recent trends in corporate sustainability are changing the CFO’s role in the three critical areas of investor relations, external reporting and financial risk ...
TruCost, FactSet Combine Environmental and Financial Data Services
Trucost and FactSet have created an integrated platform for analyzing environmental and financial risk, with pension fund CalSTRS their first high-profile customer.
The two organizations ...
Carbon Futures Platform to Shut; Offsets Near Record Lows
Financial markets firm Intercontinental Exchange Inc. is to shut its emissions derivatives trading platform, Chicago Climate Futures Exchange, by the end of the first quarter, the ...
Oil Prices Plunge in Wake of S&P Downgrading
The price of oil fell to its lowest point in over eight months after Standard & Poor’s downgrading of the U.S. credit rating ...
NYSE Euronext Goes Carbon-Neutral
NYSE Euronext has become the first carbon-neutral global exchange operator, the company has announced.
The parent company of markets including the New York Stock Exchange ...
Lend Lease, Best Buy, Major League Teams Sign Up to Better Buildings Commitments
Best Buy, Lend Lease and a coalition of 25 major sports teams are among 14 initial partners that have signed up to the ...
CFO’s Role In Corporate Sustainability
Straus Family Creamery CFO Deborah Parrish talks to the challenges of being a CFO adjusting to new questions on asset ...
Big Four Audit Firms Lead Sustainability Assurance Services
The Big Four financial audit firms are the top “green counters,” too, leading the market in corporate sustainability assurance services, according to a new ...
Enablon Raises $15m in Growth Capital
Enablon, a provider of sustainability management software, has received a $15 million investment from the Environmental Technologies Fund.
The financing will support the ...
Japanese Firms Turn Out Lights, Redefine Weekend to Save Energy
Japan is embracing energy efficiency at an unprecedented rate, as the country continues to deal with the fall-out from its nuclear energy crisis, the ...
Insurance Company Sees Big Savings From Energy Investments
A 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 ...
Investors Blast 43 Firms for ‘Contradictory’ Climate Stance
AT&T, GE, GM and Ford are among the who’s who of corporate America that has been accused of taking contradictory positions on ...
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 ...
Environmental Software Briefing: PG&E, Hara, SQLstream
Pacific Gas & Electric has revealed that it is using Enviance’s environmental enterprise resource planning software.
PG&E is already using the system but ...
Bank of America Targets 15% GHG Cut
Bank of America aims to reduce its greenhouse gas emissions by 15 percent by 2015, against a 2010 baseline, the company announced ...
TD Bank Opens Net-Zero Branch, Powered 100% by On-Site Solar
TD 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 ...
Citi Launches Socially Responsible Cash Collateral
Citi 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 ...
Bloomberg Claims 200% ROI on Sustainability
Every dollar that Bloomberg has spent on sustainability has saved two dollars in operating costs, according to the company’s first public sustainability report.
The ...
PPAs, Other Deal Financing Tools will Weigh on Balance Sheets
The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have amended their accounting standards, writes BusinessTimes. And the new rules ...
