Archive for June, 2009

RBS faces court action to invest bailout funds ethically.

June 30, 2009 Change for Good, Finance

The World Development Movement, Platform and People and Planet have gone to court, hoping to force RBS (majority government owned) to invest taxpayers’ money in companies meeting minimum green and human rights standards. (more…)

Trust in business partly recovers, but opinion is building against status quo.

June 29, 2009 Change for Good

A mid-year survey by Edelman’s in the US, UK, France, Germany, China and India shows 52 % of respondents saying they trust business, up from 46% in the depths of the crisis of confidence at the time of the World Economic Summit, and only 2% behind the 2008 position. (more…)

UN’s responsible investment campaign boosted by financial crisis.

June 22, 2009 Change for Good, Finance

Signatories to the UN Principles for Responsible Investment – six principles promoting a longer term perspective and pursuit of sustainable policies – have risen fast. (more…)

US Geological Survey says US is no longer the “Saudi Arabia of coal”.

June 8, 2009 Coal

The problem is that new data show very few of the vast reserves can be mined profitably, even at higher coal prices. Coal currently provides nearly one-quarter of the total energy consumed in America, and about half the electricity. An emerging “peak coal” group argues that current production levels may not be possible for much longer.