Finance & Investing
HSBC Goes Carbon Neutral Three Months Early
HSBC has become the first major bank to reduce its carbon dioxide (CO2) emissions to zero by reducing energy use, buying green electricity, and then offsetting the remaining CO2 emissions by investing in carbon projects. Read More
JP Morgan's Green-Lending Policy: Point of No Return?
JP Morgan Chase has agreed to adopt new lending policies designed to protect the environment. But conservatives say the bank caved in to pressure from activist groups, setting a dangerous precedent for other businesses. By Lisa Roner Read More
Banking and Sustainability: Slow Starters are Gaining Pace
The banking sector has responded far more slowly than other sectors to the new challenges that sustainability presents. The role of banks in contributing toward sustainable development is, however, potentially enormous. By Marcel Jeucken Read More
NYC to Offer Socially Responsible Deferred Compensation Plan
Domini Social Investments LLC, manager of the Domini Social Equity Fund, the nation's oldest and largest socially responsible index fund, has been selected to manage the socially responsible account within the City of New York Deferred Compensation Plan, containing assets in excess of $190 million. Read More
Guidance Manual Accounting and Financial Reporting for Environmental Costs and Liabilities
The United Nations Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) has published a manual to inform and give guidance on environmental accounting issues. Read More