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Investor coalition petitions US government on greenhouse gas cuts
Investors managing hundreds of billions of dollars have warned that US politicians must radically overhaul the country’s climate change policies or risk losing the potential for business to find solutions to global warming. A joint letter issued today by 52 of the world’s largest investors urges the Senate to reduce US greenhouse gas emissions by 60 to 90% below 1990 levels before 2050. It comes ahead of debates on the Lieberman-Warner climate bill that will take place early next month. Read more. (Source: Responsible Investor)
21 May 2008
Alcatel-Lucent supporting relief effort for victims of earthquake in China
Alcatel-Lucent is actively involved in supporting relief efforts for the victims of the massive earthquake in China. Teams of employees have begun to repair the communications infrastructure helping restore vital communications to the areas impacted by the earthquake. The company has about 500 employees in Chengdu, which is 159 kilometers from the epicenter, and about 10,000 employees in all of China.As soon as the news about the earthquake broke, Alcatel Shanghai Bell established a 24-hour emergency response team to support customers with disaster response and network recovery efforts… Read more
21 May 2008
Intel, Grameen announce joint business venture to fuel social and economic development opportunities empowered by technology
Intel Capital and Grameen Trust have announced a new joint business venture to bring about self-sustaining solutions based on information and communications technology (ICT) to help empower the world’s impoverished citizens. The initiative, which will be launched in Bangladesh, is based on the "social business" model created by Nobel Peace Prize winner Dr. Muhammad Yunus, who founded Grameen Bank in 1976 to promote microfinancing and community development. Intel and Grameen foresee a number of ICT-based services and entrepreneurship opportunities growing out of such a business model… Read more
20 May 2008
IBM research unveils breakthrough in solar farm technology
IBM has announced a research breakthrough in photovoltaics technology that could significantly reduce the cost of harnessing the Sun's power for electricity. By mimicking the antics of a child using a magnifying glass to burn a leaf or a camper to start a fire, IBM scientists are using a large lens to concentrate the Sun’s power, capturing a record 230 watts onto a centimeter square solar cell, in a technology known as concentrator photovoltaics, or CPV. That energy is then converted into 70 watts of usable electrical power, about five times the electrical power density generated by typical cells using CPV technology in solar farms… Read more
20 May 2008
ILO launches process to adopt new international labour standard on HIV/AIDS in the workd of work
The International Labour Office (ILO) is launching a process to adopt a new international labour standard aimed at bolstering the role of the workplace in the global response to HIV/AIDS.HIV is having a devastating effect on the world of work, the ILO says. A majority of the 33.2 million people worldwide now living with HIV are still working and in their most productive years. Despite major advances in attitudes and knowledge about AIDS, many workers still face discrimination, stigma and fear of losing their job… Read more
20 May 2008
Industry deal key to EU climate efforts, says Commission
With global negotiations for an international agreement to replace the Kyoto Protocol "hardly progressing", the EU is keen to assuage industry concerns about rising emissions costs and prevent plant delocalisation, the Commission said on 15 May. EU energy intensive industries are warning that they would be forced to move operations outside the EU if global talks fail. Plant delocalisation would lead to a situation of 'carbon leakage', whereby EU CO2 emission would not be reduced through cleaner production methods but rather 'leaked' outside the EU's borders… Read more
20 May 2008
Executives acknowledge difficulties for mothers re-entering the workforce, global survey says
More than three-quarters of executives (76 percent) indicate that it is difficult for mothers re-entering the workforce today, according to the latest Executive Quiz from Korn/Ferry International. Almost half (49 percent) believe it is as difficult, if not more, for female executives intending to return to work than five years ago.A likely explanation for the perceived difficulty may be that nearly half of executives surveyed (49 percent) work for companies where flextime is not offered for new mothers… Read more
19 May 2008
CSR Solution of the Week: Designated Driver Campaign - Coca-Cola Bottlers Ireland
Drunk Driving is an issue that is regularly in the spotlight for road safety in Ireland, particularly during holiday seasons. As Ireland's largest manufacturer and distributor of non-alcoholic beverages, Coca-Cola HBC in Ireland saw an opportunity to give seasonal revellers an incentive to abstain from drinking and driving. The Coca-Cola Designated Driver campaign has taken place every Christmas since 2004 and has grown from strength to strength each year.Read more about Coca-Cola's Designated Driver campaign in CSR Europe's CSR solutions database, a unique collection of over 600 best practice examples in corporate social responsibility from the world's leading companies… Read more
19 May 2008
Energy companies fear renewables bubble, KMPG study says
One-half of the world’s energy leaders are concerned that a bubble may be developing in the renewable technology sector, according to a survey by KPMG International. In ‘Turning Up the Heat’, a poll of Director-level executives across more than 200 global power and utilities companies, suppliers, distributors and investors, 50 percent of respondents (and nearly two-thirds in Europe), agreed that there is a real risk of a bubble in the renewable energy sector, driving some commentators to compare it to the dotcom boom. Read more. (Source: KPMG)
19 May 2008
Intel announces winners of world’s largest pre-college science fair
The Intel Foundation has announced top winners of the world’s largest pre-college science fair, the Intel International Science and Engineering Fair presented by Agilent Technologies. Natalie Saranga Omattage of Cleveland, Miss., Sana Raoof of Muttontown, N.Y. and Yi-Han Su of Chinese Taipei were selected from more than 1,550 young scientists from 51 countries, regions and territories for their commitment to innovation and science. In addition to the three $50,000 Intel Foundation Young Scientist Award winners, more than 500 Intel International Science and Engineering Fair participants received scholarships and prizes… Read more
19 May 2008
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