If you've no account register here first time
User Name :
User Email :
Password :

Login Now
Bloomberg’s American Cities Climate Challenge to Keep the Promise of Paris

Bloomberg’s American Cities Climate Challenge to Keep the Promise of Paris

Opinion: June marks a year since President Trump vowed to withdraw US participation from the 2015 Paris climate agreement, part of what he calls his “America first” approach to international relations. “America alone” is more like it. We’re now the only country in the world that isn’t a party to the … Read more »

CEOs Mention Weather More Often than ‘The Dollar’ in Earnings Calls, Report Finds

CEOs Mention Weather More Often than ‘The Dollar’ in Earnings Calls, Report Finds

As climate change makes disruptive weather events more frequent and severe, the financial impact on corporate earnings and credit ratings could be meaningful, and could increase over time, according to a new report from S&P Global Ratings. A review of the earnings call transcripts of S&P 500 companies in the past … Read more »

First of Its Kind Loan: Barclays’ Borrower Pays Less if Sustainability Targets Are Met

First of Its Kind Loan: Barclays’ Borrower Pays Less if Sustainability Targets Are Met

In a first in the US, a company has entered into a syndicated sustainability-linked revolving loan. CMS Energy and its subsidiary, Consumers Energy, have entered into $1.4 billion revolving credit facilities from Barclays, the sole Sustainability Structuring Agent on the loan. This means that CMS can reduce its interest rate on the new … Read more »

What Are the Future Corporate Reporting Trends?

What Are the Future Corporate Reporting Trends?

Climate change, and its related business risks, is a key future corporate sustainability reporting trend, according to a report from the Global Reporting Initiative and advisory firm SustainAbility.

G20 Task Force: Companies Should Disclosure Climate-Related Financial Risks

G20 Task Force: Companies Should Disclosure Climate-Related Financial Risks

Corporations should disclose the financial impacts of climate change on their business and how they are managing these risks, according to a task force convened by the G20’s Financial Stability Board.

Exxon Saga Over Climate Change Deepens and Called Political By Critics

Exxon Saga Over Climate Change Deepens and Called Political By Critics

Several state attorneys general have worked in tandem with advisors to investigate ExxonMobil Corp. for allegedly covering up what it had known about climate change as far as as the 1970s. Those concerted efforts are drawing criticism from free-enterprise groups, which are  calling the moves politically motivated. About 17 attorneys … Read more »

Denmark Considers Phasing Out Coal

Denmark should ban coal use by 2025, according to Helveg Petersen, Denmark’s climate, energy and building minister, as reported by Reuters. The cost of phasing out coal would not be significant, according to Petersen. Wind turbines are set to generate more than half of Denmark’s electricity by 2020. Petersen’s ministry … Read more »

Low-Carbon Energy System Could Save $1.8 Trillion

Two studies by the Climate Policy Initiative released yesterday indicate that with the right policies in place, a low-carbon energy system could free up trillions of dollars over the next 20 years. The reports were commissioned by the New Climate Economy project as part of research conducted for the Global … Read more »

Study: Cutting Emissions Could Pay for Itself

Money saved on health care spending related to carbon emissions could be 10 times what it would cost for policy implementation, according to research conducted by Massachusetts Institute of Technology and published in Nature Climate Change. Researchers compared health care and other costs related to carbon emission-related illness to the costs of … Read more »

Translate »