1. FT SUSTAINABLE BANKING AWARD NOMINATION DEADLINE - 28 FEBRUARY
February 28 is the deadline for entries to the 2007 FT Sustainable Banking Awards, the global awards programme for triple bottom line banking launched by the Financial Times in association with the International Finance Corporation. Asia is now a category for some of the awards and there is scope for external nominations. ASrIA founder and current board director, Tessa Tennant will be participating on the judging panel.
http://www.asria.org/news/press/1169432557
2. FTSE GROUP INTRODUCES NEW CLIMATE CHANGE CRITERIA TO THE FTSE4GOOD INDEX SERIES
ASrIA member, FTSE Group (FTSE), the global index provider, takes another step forward in the area of corporate social responsibility benchmarking as it launches a new set of criteria to assess corporate performance on climate change for its FTSE4Good Index Series.
http://www.asria.org/news/press/1170989169
3.
CARBON DISCLOSURE PROJECT BREAKS THROUGH USD40 TRILLION MARK
The Carbon Disclosure Project, representing a group of 284 institutional investors with assets of $41 trillion under management has sent out its 5th annual request to 2,400 of the world's largest quoted companies. ASrIA will be engaged in gathering and reporting on data of 80 companies in the Asian Region.
http://www.asria.org/news/press/1170834692
4.
TWO NEW STUDIES REFLECT GROWING INTEREST IN SRI IN THE UK
ASrIA member EIRIS publishes two new studies. One reveals that there are now almost 90 ethical retail funds available to UK investors. The past year saw ten new ethical retail funds launched in the UK with more on the way. The second survey asserts that both SRI and mainstreams investors view specific environmental, social, and governance factors as important when applied to certain sectors.
http://www.asria.org/news/press/1168913183
http://www.asria.org/news/press/1170124901
5.
100 MOST SUSTAINABLE CORPORATIONS ANNOUNCED AT DAVOS
The Global 100 Most Sustainable Corporations in the World is a project initiated by Corporate Knights Inc., with Innovest Strategic Value Advisors Inc. The 2007 Global 100 included corporations from 16 countries, including 24 from the UK, 19 from the US and 13 from Japan. A key criterion for selection was that the companies were considered the most proactive in responding to investor and other stakeholder demands for better management of risks such as climate change.
http://www.global100.org/PR_Global_2007.pdf
6.
INVESTMENT BANKS FOCUS ON CORPORATE RESPONSES TO CLIMATE CHANGE
Banking giant Citigroup has produced an equity research report identifyng 74 companies in 21 industries and 18 countries that stand to benefit from efforts to tackle climate change. UBS Wealth Management and Lehman Brothers have released reports detailing how companies and individuals might be affected by global warming and what steps they can take to offset the risks.
http://www.asria.org/news/press/1170386658
http://www.wbcsd.org/plugins/DocSearch/details.asp?type=DocDet&ObjectId=MjI3MjE
7.
FROM COMPETITION TO COOPERATION: COMPANIES COLLABORATE ON SOCIAL AND ENVIRONMENTAL ISSUES
A number of collaborative initiatives are bringing companies, investors, and activists together to address issues such as online freedom of expression, climate change, and labor rights in the global supply chain.
http://www.asria.org/news/press/1169460689
8.
INTERNAL AUDITORS CAN CONTRIBUTE TO CORPORATE SOCIAL RESPONSIBILITY
Internal auditors are taking a look at corporate social responsibility (CSR), as an area in which their expertise on risk, control, and governance can boost the public!|s confidence and trust in their organization. New studies point to need for training for internal auditors to bridge risk management, business strategy, and CSR trends.
http://www.asria.org/news/press/1169538712
9.
CALVERT PARTNERS WITH SUDAN DIVESTMENT TASK
ASrIA member, Calvert has formed a partnership with the Sudan Divestment Task Force (SDTF), a project of the Genocide Intervention Network, together with the Save Darfur Coalition (SDC), to assist the growing Sudan divestment campaign in the U.S., Calvert will immediately begin working with SDTF and SDC by lending its analytical expertise and offering advocacy support.
http://www.asria.org/news/press/1170835217
10.
CERES, CALVERT FAULT US FIRMS FOR LAX GHG DISCLOSURE
More than half of the largest US companies are doing a bad job reporting
climate change to investors, according to a new report from Ceres and
Calvert.
http://www.asria.org/news/press/1170386976
11.
SOCIAL(K) RETIREMENT PLATFORM EMBRACED BY SOCIALLY CONSCIOUS COMPANIES IN 2006 - ITS FIRST YEAR
Before 2006, most US retirement plans offered only one or two options, if any. However, Social(k) offers more than 100 screened socially responsible funds to choose from. In its first year, thirty five companies and organizations either converted their existing plan to Social(k) or began offering it in conjunction with their plan.
http://www.asria.org/news/press/1169627703
12.
MCKINSEY RANKS HARVARD BUSINESS REVIEW ARTICLE ON CSR "BEST FOR 2006"
1st Place Winner of the McKinsey Award, Professor Michael E. Porter and Mark R. Kramer have developed a new approach to corporate social responsibility based on the interrelatedness of business and society and its implications for competitive strategy.
http://www.asria.org/news/press/1170061786
13.
2006 MOSKOWITZ PRIZE PAPER: MONITORING THE MONITOR: EVALUATING CALPERS' ACTIVISM
The author finds that CalPERS' corporate governance initiatives created over $3 bn in shareholder wealth from 1992-2004. The paper reviews the theory and empirical evidence underlying the motivation for institutional activism.
http://www.asria.org/news/press/1168827518
14.
GOLDMAN SACHS AWARDS FOR MARKET-BASED SOLUTIONS TO CLIMATE CHANGE
The Goldman Sachs Center for Environmental Markets, established in November 2005 to examine market-based solutions to environmental challenges, has awarded its first research grants. The three grants, totaling more than $2.3 million, will fund programs focused on finding market-based solutions to climate change, including examining policy options for lawmakers, market opportunities for environmental technologies, and valuation of fragile ecosystems.
http://www.asria.org/news/press/1168314453
15.
FOUNDATION TO PROVIDE $40,000 IN CASH AND PRIZES TO SOCIALLY RESPONSIBLE BUSINESS PLANS
The William James Foundation announces its 4th Annual Socially Responsible Business Plan Competition. This competition supports entrepreneurs who are committed to multiple-bottom line businesses.
http://www.asria.org/news/press/1169540605
16.
NGO OFFERS BANKS SUSTAINABILITY ADVICE
BankTrack has published a how-to guide aimed at helping banks become more sustainable. The manual is based on the role and responsibility of banks to promote sustainability set out in the Collevecchio Declaration of 2003. According to a Bank Track member this manual shows the way forward for any bank wishing to successfully apply for next years' Sustainable Banking Awards.
http://www.asria.org/news/press/1164959797
17.
WORLD MONITORS ANNOUNCES RELEASE OF ITS NGO PROFILER 2007
The reference guide profiles 63 leading US and European non-governmental organizations (NGOs) focused on the private sector. The Guide is designed for corporations, socially responsible investors (SRIs), and corporate social responsibility (CSR) officers and provides a comprehensive summary of the policies, activities and programs of a variety of influential NGOs engaged in CSR, human rights and environmental advocacy.
http://www.asria.org/news/press/1169784265
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