Reprinted from Institutional Investor. Michael Molitor is a Senior Fellow with the Ray C. Anderson Foundation
Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund, with $860 billion under management, has missed out on $1.9 billion in additional profits as a result of its decision to divest all of its tobacco holdings in 2010. The story that reported this fact, which ran in the Financial Times , goes on to suggest that fund managers should reconsider their investments in tobacco companies, as the sector is generating impressive returns, well above many key performance benchmarks.
CHESAPEAKE, Va., April 21, 2016 /3BL Media/ – In recognition of its continuing efforts to revitalize the Elizabeth River in Southern Virginia, the CITGO Chesapeake Terminal received its fourth Sustained Distinguished Performance Award this year from The Elizabeth River Project, a nonprofit that leads community environmental restoration efforts along the River.
Many companies offer products that can be differentiated by carbon footprint or impact on emissions reduction. Industries leading the way include utilities, industrial goods manufacturers and those supplying basic materials.
While it's not uncommon for companies look to their own operations to improve energy efficiency, some may be surprised that more than 70 percent of the largest businesses target internal processes as the most common way to help mitigate #ClimateChange. See the variety of actions business leaders are taking and considering for the future. http://bit.ly/263pLl6
More than 90 percent of companies are working to reduce their carbon footprint
DAVIDSON, N.C., April 18, 2016 /3BL Media/ – Ingersoll Rand, a world leader in creating comfortable, sustainable and efficient environments, today revealed findings from a new survey conducted in partnership with GreenBiz Group, an organization advancing the opportunities at the intersection of business, technology and sustainability. This research details the current landscape of corporate action on climate change.