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Banking Industry Should Address Climate Risk, Report Says

The banking industry has not successfully integrated climate change risk into its long-term strategic planning, or understood the implications for its business operations, according to a report by Boston Common Asset Management. The report, Financing Climate Change: Carbon Risk in the Banking Sector, warns investors may unwittingly be investing in … Read more »

Investors to Unilever, General Mills, 38 Other Companies: Adopt Sustainable Palm Oil Policies

Unilever, Kellogg, Dunkin Donuts and General Mills are among the companies facing pressure from investors to adopt policies that would ensure palm oil development does not contribute to deforestation, development on peatlands, or human rights violations. In an effort coordinated by Green Century Capital Management, a coalition of institutional investors … Read more »