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Muhammad Yunus speaks in Paris, invited by Groupe Caisse d'Epargne
Invited by Groupe Caisse d'Epargne, Muhammad Yunus, winner of the Nobel Peace Prize in 2006 for his creation of the first financial institution specializing in microcredit, gave a lecture on March 30 at the Cité des sciences science & technology park in Paris. Thirty years ago, Muhammad Yunus founded the Grameen Bank in Bangladesh to offer small loans, or microcredit, to people excluded from the conventional banking system. This institution has already facilitated the social integration of several million individuals… Read more
07 April 2008
GRI Readers’ Choice Awards announces eligible winners
The GRI has announced a short-list of eligible winners for the GRI Readers' Choice Awards. Over 1700 people from 70 countries cast more than 6000 scores for the initial 800 reports submitted for the online vote. After three months of scoring (October-December 2007), a short-list of 78 was created which consisted of reports that had received the highest amount of scores. Scoring was re-opened for one more month (January 2008) for shortlisted reports only. From these 78 shortlisted reports only 45 reports have been declared eligible to receive one of eight awards to be given out in different categories… Read more
07 April 2008
China investment boom masks governance risks - report
China’s emergence as an investment destination for foreign investors has coincided with a boom in the country’s domestic equity markets, but questions are being raised about transparency of reporting and lack of protection for minority shareholders, Responsible Investor reports. A new study by RiskMetrics entitled "Corporate Governance in Greater China: What to Expect When Investing in China vs Hong Kong", reveals the shortcomings of China’s investor protection and corporate governance and highlights the main challenges for institutions considering buying into Chinese companies… Read more
04 April 2008
Bangkok talks touch on emission reduction targets
Around 1,000 representatives from around the world are in Bangkok this week for a UN meeting to discuss a successor to the Kyoto Protocol, which expires in 2012, Environmental Finance reports. Ideas put forward by the various delegates so far include the auctioning of Assigned Amount Units (emissions credits granted by the UN to countries under the Kyoto Protocol), radical changes to the Clean Development Mechanism (CDM), and sectoral-based targets. There has also been much debate about how the burden of reductions needed should be shared between developed and developing countries… Read more
04 April 2008
UN poverty goals face new threats
The UN's Millennium Development Goals (MDGs), aimed primarily at reducing poverty, hunger, disease and illiteracy, are being undermined by a rash of new problems threatening to cripple the ongoing efforts by developing nations to reach their targets by 2015, IPS reports. With less than seven years to meet the deadline, the failures seem to far outweigh the limited successes achieved so far. And the positive results, says the United Nations, are in danger of being wiped out by critical new threats, including skyrocketing food and fuel prices, increasing transportation costs, a decline in development aid and a shortage of health workers… Read more
04 April 2008
The world water report – supplies falling, tensions rising
As the world continues to urbanize the impact on water resources and the available supply of water for drinking, agriculture, hygiene and industry is dwindling, GLOBE-Net reports. Nations around the world, even those rich in water resources, are facing potential conflicts over the planet’s most important commodity. By 2025, a third of the planet’s population (estimated at 9 billion) could find itself scavenging for safe drinking water, the United Nations warned ahead of last month’s World Water Day (Saturday March 22). Read more. (Source: GLOBE-Net)
04 April 2008
HP releases list of top suppliers, announces programme to advance women’s health issues among suppliers
HP has publicly detailed its largest suppliers, representing more than 95 percent of HP's procurement expenditures for materials, manufacturing and assembly of HP's products worldwide. Separately, HP announced a pilot programme to empower workers and advance women's health issues among its suppliers.The release of the supplier list, the first by a major technology company, promotes transparency and progress in raising standards in the IT industry supply chain, HP says. This will result in positive operational changes in supplier labour, health and safety, environmental and ethics practices… Read more
04 April 2008
HP reports social and environmental progress and goals in fiscal year 2007
HP has issued its annual Global Citizenship Report that outlines the company’s progress, as well as challenges, for fiscal year 2007. Among the global citizenship priority areas detailed in the report are energy efficiency of products and operations, supply chain social and environmental responsibility, and product reuse and recycling as well as insights into core areas like social investment and customer privacy. The report is available at www.hp.com/go/report.
04 April 2008
IBM green data center uses innovative technology to heat local public swimming pool
IBM and GIB-Services have announced a new energy efficient "green" data center at a former military bunker outside of Zurich. The new data center will offer a first-of-its-kind energy model where a direct heat exchange will take place between the data center and a public swimming pool in the town. Located in Uitikon, Switzerland, the data center is expected to create 2,800 megawatts of wasted heat per year when operating at full capacity - the same amount of energy needed to supply up to 80 houses with heating and warm water for one year… Read more
03 April 2008
Online buzz around sustainability up 50% in 2007
Protecting the environment has become increasingly important to consumers, with online buzz around sustainability growing 50 percent in 2007, Environmental Leader reports. According to research by Nielsen Online, early in the year the discussion was dominated by the topic of global warming, but through the year, bloggers progressively addressed a wider variety of green-related issues, with a particular emphasis on personal action such as recycling, avoiding excess packaging, and carpooling. Read more. (Source: Environmental Leader)
03 April 2008
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