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Thursday, 22 November 2007 |
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Most firms in India, one of the worst polluting countries in the world, have admitted that they have yet to plan for the impact of climate change and do not take measures to curb emissions. A survey from the Carbon Disclosure Project (CDP) found that only about a third of India’s top 110 companies take action to combat climate change. |
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Wednesday, 21 November 2007 |
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As the green market place expands, Winslow launches a mutual fund to capitalize on middle-sized growth companies that offer green solutions. When Winslow Management Company started the Winslow Green Growth Fund in 1994, it was one of the first financial advisors to offer investors a fund focusing on small-cap green companies. This month, Winslow launched a second green fund, the Winslow Green Solutions Fund, investing in mid-cap domestic and international companies that pass Winslow's green screens. |
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Wednesday, 21 November 2007 |
A new report sponsored by Ceres and written by Evan Mills, one of the recipients of the 2007 Nobel Peace Prize with Al Gore, highlights new products offered by the insurance sector in response to the changing climate.
The insurance sector and its investors are watching the weather. With $16 trillion in global invested assets and generating about $4 trillion in premium revenue in 2006, the insurance sector is the world's largest economic sector. It faces huge upheavals as the climate changes and the possibility of extreme weather events like hurricanes, droughts and fires increase. |
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Tuesday, 20 November 2007 |
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LEVERKUSEN, Germany, Nov. 20, 2007 -- Bayer has launched its Group-wide Climate Program, a multi-focus plan for reducing carbon emissions and protecting the environment. Some initiatives, such as a concept for zero-emission buildings and the creation of stress-tolerant plants, have already begun. Others will be rolled out and run over the course of several years. Overall, Bayer plans to invest $1.46 billion in climate-related projects in the next three years. "We are well aware that we are an emitter of greenhouse gases," said Chairman of the Board of Management of Bayer AG Werner Wenning. "That was why in the past we focused our attention on lowering CO2 emissions." |
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