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68 Major Companies Join Climate Action Pledge

As the UN climate talks in Paris near, 68 additional companies have joined the White House-led American Business Act on Climate Pledge. Companies making the pledge have set greenhouse gas reduction and renewable energy sourcing goals for 2020 and beyond, and are focusing on increasing energy efficiency, boosting low-carbon investing. … Read more »

Water Risk Tool Focuses on Mining Sector

Water Risk Tool Focuses on Mining Sector

Water availability is increasingly recognized as a material risk for many businesses. To address this, Bloomberg and the Natural Capital Declaration have launched a tool that enables analysts to incorporate water risks into company valuations across the mining sector. The Natural Capital Declaration is a global finance-led initiative supported by … Read more »

Arizona Public Service Flips Position on Solar

Arizona Public Service, a public utility that has fought for two years against solar systems – a fight that included an anti-solar campaign at the public’s expense – has now asked for permission to install its own residential systems and pay rent for the rooftops, according to Bloomberg. Arizona Public … Read more »

WRI Water Risk Map Launched on Bloomberg

The World Resources Institute’s Aqueduct Overall Water Risk map is now integrated with Bloomberg’s interactive mapping platform, BMAP, and is available to the more than 320,000 subscribers of the Bloomberg Professional service. WRI says Aqueduct provides the most current, comprehensive, and high-resolution (15,000 sub-basins) global water risk mapping tool available. Aqueduct’s … Read more »

Bloomberg and Dow Top Rankings of GRI Application

Dow Chemical scored highest among Fortune 100 companies when it comes to applying the Global Reporting Initiative’s guidelines for sustainability reporting, according to a study by the iCompli division of BPA Worldwide and IRAS. Bloomberg topped the list of media sector companies. The report — Applying GRI Guidelines for Effective Reporting: A Review of … Read more »

Policy & Enforcement Briefing: Climate Bill, GAO High Risk List, Koch Penalty

Senators Barbara Boxer, D-Calif., and Bernie Sanders, I-Vt., introduced their fee-and-dividend climate bill. The fee-and-dividend idea puts a price on carbon at its source and rebates most of the money back to US residents. The concept is modeled on Alaska’s permanent fund that rebates oil royalties to state residents. Boxer, who … Read more »

European Aviation GHGs ‘Likely to Fall 1.5% in 2013’

Greenhouse gas emissions from flights within Europe are likely to fall by around 1 million tons or roughly 1.5 percent this year, according to Bloomberg New Energy Finance. The drop should come as carriers bring newer, more fuel-efficient fleets online and pack their planes more tightly as a result of high oil prices, New … Read more »

Motorola Mobility Earns WindMade Label

Motorola Mobility has received the WindMade label, certifying that 66 percent of the electricity used in the smartphone and tablet manufacturer’s US operations comes from wind power. Google-owned Motorola Mobility was among 15 companies that pledged last November to join WindMade. Others included Deutsche Bank, Bloomberg, Lego Group, medical technology firm BD, … Read more »

Standards & Compliance Briefing: WindMade, PCR and EPD, ICC Roofing Guide

Bloomberg has received the WindMade certification label for its US operations, making it the first news organization in the world to meet the standard. The label requires participating companies to obtain at least 25 percent of their electricity from wind power. Bloomberg achieves a higher share, with 58 percent of … Read more »

US Companies ‘Lag in Disclosing Environmental Practices’

Only 16 percent of US-based Russell 1000 companies have adopted formal climate-change policies, compared to 39 percent of their global counterparts, according to a new study by The Conference Board, Bloomberg and Global Reporting Initiative (GRI) Focal Point USA. The report, Sustainability Practices: 2012 Edition, also says US companies lag … Read more »