For the first time, at least since industrialisation, global investments in renewables have outstripped investments in fossil energy generation. According to Bloomberg, despite economic crisis on the horizon, 187b US$ have been invested in clean energy production. Clearly, nobody can talk of a negligible industry anymore. It is also obvious that investors take the emerging and rapidly growing industry very serious.
On-green-policy. “Despite the economic crisis” may be badly misleading. Maybe the economic crisis actually favours renewable energy production because private as well as public actors are forced to do the maths properly. As they increasingly consider total, lifetime and …
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The recent publication of EIO’s environmental tracking (ET) carbon rankings highlighted the low level of greenhouse gas (GHG) emission transparency particularly of Northern American companies. Now the corporate social responsibility (CSR) coalition, a group of financial institutions, NGOs and investors led by Aviva Investors calls for integration of corporate social responsibility (CSR) data into financial reports. Politicians should adopt international agreements requiring companies to publish so called “integrated reports”, which substantially improve the level of level of CSR disclosure.
ON green policy. It is interesting to note that voluntary measures have obviously failed to sufficiently incite companies to properly disclosing …
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The Environmental Investment Organisation (EIO) in London has published a new carbon ranking. In five major reports covering Europe’s, North America’s, Asia/Pacific’s and BRICS’s 300 as well as the Global 800 biggest companies, the British NGO sheds light (based on publicly available data) on carbon transparency and efficiency of the global business leaders. The reports venture into a new dimension of carbon reporting and for the first time take into account indirect (scope 3) emissions. Combined with the important role of reporting transparency and thanks to the all inclusive (in contrast to the traditional best-in-class) approach in the ranking …
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