Day: 3 November 2015

BP: Solar and wind won’t overtake gas without carbon price

The cost of wind and solar energy will continue to fall rapidly between now and 2050, but will remain more expensive than gas unless a global carbon price is imposed.

Report: Executive boards failing to ‘walk the walk’ on sustainability

Corporate board directors are failing to deliver tangible environmental impacts despite incorporating sustainability into a company's ethos, a new report has found.

View From the Top: How Corporate Boards Engage on Sustainability Performance

A unique dynamic exists between investors and board members. Directors are responsible for ensuring value for us, the shareholders. Yet, even the most patient investors must become involved these days in helping directors focus on the longterm. Because in an increasingly volatile, global, tech-driven, and competitive economic environment, short-termism often overwhelms planning for sustainable growth and returns.

Global business coalition could get us two thirds of the way to 2C target

The collective action plans of more than 140 major businesses could deliver two thirds of the carbon reductions need to limit global warming to two degrees, according to new analysis from PWC.

Goldman Sachs to invest $150bn in clean energy

Banking giant Goldman Sachs has announced it will leverage $150bn into clean energy financing and investments by 2025 as it also aims to become the first US investment bank to be carbon-neutral across its operations.

Ambitious CR strategy could boost revenue by 20%

Companies that are fully committed to sustainability and corporate responsibility (CR) could see a potential revenue boost of up to 20% - equivalent to $1.8bn for some of the largest publicly-traded firms.

Finance ministers urged to deliver strong climate deal in Paris

G20 and EU finance ministers have been urged to 'step-up' their efforts to arrange a strong agreement at the COP21 UN climate conference next month, by a group of leading international business organisations.

China and France say Paris climate pact should have five-year reviews

French president François Hollande claimed China and France had taken a "historic" step towards tackling climate change on Monday after the two countries agreed any deal reached in Paris next month should include checks on whether signatories are keeping their commitments to reduce emissions.

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