CSRminute: Carbon Systems Supplies Software to 50 of Top 200 Co.'s in Australia; 22 Major Institutional Investors Comment on Proposed EPA Rules for Coal Ash Disposal

Sep 22, 2010 9:30 AM ET

theCSRminute is your daily video digest of the most relevant Corporate Social Responsible news of the day. Our team of 3BL Media correspondents tracks the global world of corporate social responsibility to bring you coverage of the most important announcements, initiatives, issues, trends, ideas, and breaking news.

Press Release

This CSR Minute is sponsored by Harvard Business School (HBS) Executive Education. For information about the HBS Corporate Social Responsibility program taking place November 7–10, 2010, please visit  www.exed.hbs.edu/programs/csr/.

Hello, I’m Emily Polk, and these are your CSR Minute headlines for Wednesday, September 22nd:

Carbon Systems, an Australian provider of energy and carbon accounting software, has installed its Energy and Carbon Intelligence System in 50 of the top 200 companies in Australia in the last 18 months. Companies using the ECIS system include AGL, Fortescue Metal Group, Metcash, Spotless Group, Elders, and Dominos. ECIS software captures and collates environmental data on energy, fuel, water, and carbon emissions to help companies identify and act to reduce emissions. Carbon Systems reports that the greatest demand has been from mid- to large-size manufacturers and miners, with the real estate, distribution, and retail sectors making up a rapidly growing market.

22 major institutional investors have delivered a letter to the Environmental Protection Agency calling for strict regulations governing coal ash disposal. The investors, which represent $240 billion dollar in assets, highlight the financial assurance requirement in proposed regulations as a key step to assist shareholders in understanding the financial risks associated with coal ash, which has caused significant environmental and public health problems. The letter was coordinated by Green Century Management and the CSR advocacy firm, As You Sow, and was submitted as EPA public comment hearings are underway in Chicago to discuss proposed regulations.

For more information on these and other stories, go to thecsrminute.com.