Latest News

Alliance for Climate Protection launches marketing campaign to turn climate change awareness into action

The Alliance for Climate Protection is about to launch the most ambitious U.S. marketing campaign ever on climate change, at a cost of more than $100 million a year for three years, US Today reports. Americans are aware of global warming, "but they don't get the urgency of it and that this is solvable," says Cathy Zoi, CEO of the Alliance for Climate Protection, founded by Al Gore. The Alliance will buy ads and partner with grass-roots groups to spread the word on how to cut greenhouse gases… Read more
27 March 2008

Green private banking boom behind 67% annual rise in Swiss sustainable assets

A surge in the levels of private banking and retail investment has boosted sustainable investment strategies in Switzerland by 67% in one year, Responsible Investor reports. According to a survey of 19 fund managers by OnValues, the Swiss sustainable research company, for the first time high net worth and retail investors overtook institutional investors in terms of volumes invested to represent 53% of the Swiss sustainability market. The report said this was largely due to increased demand by private banking institutions and their clients for sustainable investments… Read more
27 March 2008

IBM's Corporate Service Corps heading to six emerging countries to spark socio-economic growth while developing global leaders

IBMOne hundred IBM employees from thirty-three countries have been selected to participate in the company's new Corporate Service Corps programme, part of the Global Citizen's Portfolio initiative announced by CEO Sam Palmisano, to develop leadership skills while addressing socio-economic challenges in emerging markets. Twelve teams of employees will be sent to Romania, Turkey, Vietnam, the Philippines, Ghana, and Tanzania in 2008 to work on projects that intersect economic development and information technology… Read more
26 March 2008

US consumers hungry for green technology, survey says

Sales of green technology to American consumers have the potential to reach $104 billion this year, according to a new survey, which also found that desire for greener products is being severely underserved, GreenerComputing reports. The 2007 National Technology Readiness Survey found that 71 percent of adults are interested in green technology but there is a gap between the number of green items consumers own and would like to have. Read more. (Source: GreenerComputing)
26 March 2008

‘Radical greening’ one of top strategic business risks

“Radical greening” is one of the top 10 strategic business risks for 2008, Environmental Leader reports on the results of a new study by Ernst & Young. Companies should be aware that the hazards of potential climate change might be more imminent than is commonly understood. “We may see physical climate surprises as well as an increased policy response that is more abrupt than most firms are currently planning for,” the report states. Read more. (Source: Environmental Leader)
26 March 2008

Skilled migrants are vital to economy, UK study says

A record number of highly skilled migrant workers such as nurses and teachers will enter Britain over the next four years, contributing an estimated £77bn to the country's economy, the Guardian reports. The figures are based on a study compiled by the Centre for Economics and Business Research (CEBR) for a global recruitment consultancy, Harvey Nash. The study concludes that skilled migrants fill skills shortages and without them the UK's international competitiveness could suffer. It estimates that these migrants already account for 2… Read more
25 March 2008

Nanoparticles already on EU shelves, green groups warn

Environmental groups are warning that advances in the science of nanotechnology are racing ahead of public policy with neither consumers, regulators nor scientists fully aware of the toxicity of so-called nanoparticles, EUobserver reports. They are further calling on the European Union to introduce mandatory labelling on all products that contain them and develop strict safety laws on the basis of health and environmental risk assessment. Read more. (Source: EUobserver)
25 March 2008

Citi Foundation launches $11.2 million international microfinance programme in partnership with the SEEP network

CitigroupThe Citi Foundation has announced a three-year US$11.2 million international grant programme, in partnership with the SEEP Network to advance the integration of microfinance into the mainstream economies of developing countries. The Citi Network Strengthening Program will increase the ability of 12 major microfinance networks and their members to develop products and services that meet the needs of their clients. In addition, the program aims to enhance the industry’s infrastructure, introduce higher standards of management and governance, and promote the vital role of microfinance in providing the poor with access to financial services… Read more
25 March 2008

Business ethics taking root in Turkey

While Turkey’s accession to the European Union looks uncertain, European trade and foreign direct investment are changing business practices in the republic, Ethical Corporation reports. The rise in foreign direct investment in Turkey is largely because of economic reforms to increase stability and bring business legislation in line with European Union norms. The EU is also a strong driver of corporate social responsibility as new laws are adopted under the accession process. Read more. (Source: Ethical Corporation) 
25 March 2008

A thirsty planet looks for solutions to water shortage

By 2025, a third of the planet's growing population could find itself scavenging for safe drinking water, the United Nations warned ahead of World Water Day on 22 March, AFP reports. More than two million people in developing countries - the vast majority children - die every year from diseases associated with unsanitary water. Global economic growth, population pressures and the rise of mega-cities have all driven water use to record levels. Read more. (Source: AFP)
25 March 2008

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