solid line
white line

Newsletter


Sustainability-Highlights-Header
July 18, 2017

SERVICES  |  RESEARCH  |  EVENTS  |  WEBINARS  |  BLOG  |  ARCHIVE

Where Are We Now With Climate Change Solutions After the G20 Meeting and the Trump White House Abandonment of COP 21/Paris Agreement?

All eyes were on Hamburg, Germany last week as the leaders of the "G20" nations** gathered. High on the agenda was climate change and sustainable development.  Mixed messages came out of the gathering, but as Jens-Peter Saul explains in our first Top story, even if governments can't agree in such gatherings, private industry is moving forward in providing climate change solutions.

These include solar and wind power, which investors are finding attractive these days. Low-carbon organizations and networks are attracting new members and partners.  Where? -- in the USA, North Africa, Europe, China and elsewhere.  So, says the author of the HuffPo piece, while having visionary political leaders is important, response companies with strong commitment to clients and the society can also boost the sustainability agenda and provide solutions to address climate change challenges.

Author JP Saul is CEO of the Ramboll Group, a leading engineering and design firm based in Denmark. The company's global work is across Buildings, Transport, Urban Design, Water, Environmental, and Health.  Ramboll Group helps to create more resilient cities, it says, helping municipalities to adopt to climate change.

At the end of the G20 meeting, the media were reporting..."G20 Ends on Anxious Note as World Leaders Remark on Trump's Climate Defiance..."
There's more on this for you in Top Story #2 -- G&A Institute Chair and Chief Strategist Hank Boerner is interviewed by Forbes columnist Chris Skroupa on the stance of the Federal government regarding the progress made at COP 21 in Paris and now the way forward for the United States as the Trump White House abandons the Paris Agreement. 

There is great hope for the USA to continue making progress toward the 2-degree goals of COP 21 thanks to the efforts of the public sector (states, cities, municipalities); large and small corporations; trade associations; and especially investors. 

Top Stories This Week...

Boosting global sustainability is not dependent on G20
(Wednesday - July 05, 2017) 
Source: Huff Post - Germany’s plan to boost climate and sustainable development at the G20 summit in Hamburg next weekend is arguably crumbling. But that does not mean that the climate and sustainability agendas are crumbling. 

Source: Christopher P. Skroupa, Forbes - Hank Boerner: In the Paris meetings, the United States voluntarily agreed to cut Greenhouse Gas emissions by 26 to 28 percent below 2005 levels and to commit up to $3 billion in various aid to poor countries by 2020. A small amount of money overall, we could say, and thanks to many actions already taken, we are cutting our greenhouse gas (GhGs) emissions as a nation.

Important Items for Your Attention: Editors' Sustainability Scans - Progress!

Source: GreenBiz - In these hyperpartisan times, one might think any assertion of national purpose would be controversial. On the contrary. The nation’s founders believed a shared and enduring purpose was so important that they put it at the top of... 

Source: Sustainable Brands - For companies and brands today, more sustainable production methods are topping lists of things to do. The uncertainty of material and vendor prices, the need to comply with a growing number of regulations and mounting evidence... 

Source: Forbes - Last year GRI launched the GRI Sustainability Reporting Standards. Can you tell us how it is different from the previous GRI Guidelines and what impact it will have on investors and issuers? 

Source: Sustainable Brands - The sustainability revolution has the breadth and magnitude of the industrial revolution but it has the speed of the digital revolution." 


Our Focus This Week on A Range of ESG Topics & Issues -- Things to Think About..

Thud: Socially Responsible Investing Meets Reality
(Wednesday - July 05, 2017) 
Source: Wall St. Daily - But I’ll furnish hard proof today that socially responsible investors — among the fastest-growing demographics on the planet — are playing a fool’s game. 

Lawyers plan to stop UK dropping EU rules on environment after Brexit
(Wednesday - July 05, 2017) 
Source: The Guardian - A taskforce of environmental lawyers is drawing up plans to stop thousands of EU rules protecting rivers, wildlife, coastlines and air quality from being dropped by the government after Brexit. 

Shareholders Show Strong Preference for Annual Say on Pay Votes
(Thursday - July 06, 2017) 
Source: Lexology - hen say-on-pay (i.e., shareholders with the right to vote on the remuneration of executives) was introduced under the Dodd-Frank Wall Street Reform and Consumer Protection Act, there was a requirement that companies conduct... 

U.S. to speed approval for oil, gas exploration on federal land
(Friday - July 07, 2017) 
Source: Reuters - U.S. Interior Secretary Ryan Zinke on Thursday signed an order to hold more lease sales and to speed up approving permits to explore for oil and gas on federal land, a process he said got bogged down under former President Barack... 

Sponsored Message


News & Opinion: Asset Managers, US Pension Funds, Sovereign Wealth Funds

The Federal Reserve is divided over its longer-term path
(Thursday - July 06, 2017) 
Source: Washington Post - While almost all members of the Federal Reserve voted to raise interest rates in June, the central bank appears to be divided over its longer-term plans as data continue to show that the economy is not vigorously responding to...

Source: Forbes - The number of cyber attacks has not increased over the past decade, but the visibility and impact of those attacks has. Previously, when companies had breaches you either never knew it or didn’t recognize it, because it wasn’t... 

Source: hellenicshippingnews.com - Adding to that, Qatar Investment Authority (QIA) was involved in the second biggest deal of the quarter, for an Australian utility, but it was unclear whether it would be as active overseas in coming months in light of a...

Florida may drop ties to businesses linked to Venezuela  
(Thursday - July 06, 2017) Associated Profiles : Florida Retirement System Pension Plan 
Source: The Kansas City Star - The trustees oversee the Florida Retirement System, the state-run pension plan worth roughly $150 billion. Goldman Sachs earlier this year acquired $2.8 billion in bonds at a steeply discounted price that had been initially... 

Massachusetts pension fund posts 2nd largest return in plan's history
(Wednesday - July 05, 2017) Associated Profiles : Pension Reserves Investment Management Board (Massachusetts)Massachusetts Pension Reserves Investment Management Board Profile 
Source: Mass Live The Republican - BOSTON - After posting the second largest annual investment return in the state pension fund’s history, the Pension Reserves Investment Management Board voted on Tuesday to restructure its approach to investments, changes...

News for You From the Corporate Sector - With (+) and (-) Signs

Uber Is Dealt a Fresh Blow in European Legal Case
(Wednesday - July 05, 2017) 
Source: New York Times  — Uber suffered a blow to its expansion plans in Europe on Tuesday after a senior adviser to the region’s highest court said that the ride-hailing service should have to abide by tough rules governing taxi services. 

Coconut Oil Supply Chain Slides toward Sustainability via P&G, BASF, Cargill Partnership
(Thursday - July 06, 2017) 
Source: Environmental Leader - Companies that source coconut oil from the Philippines and Indonesia – the world’s two largest producers and exporters of coconut-based products – face several challenges: little or no economies of scale, lack of financing and... 

Freed by the Fed, JPMorgan Is Back in the Acquisition Business
(Wednesday - July 05, 2017) 
Source: Fortune - Less than a week after the Federal Reserve declared it well enough capitalized to do pretty much as it pleased, JP Morgan Chase returned to the dealmaking business, with a move on U.K. payments company Worldpay. 

HSBC Said in Talks With U.S. to End Crisis-Era Mortgage Probe
(Wednesday - July 05, 2017) 
Source: Bloomberg - HSBC Holdings Plc is in talks to resolve a U.S. probe into its sale of toxic mortgage bonds a decade ago, according to people familiar with matter, a negotiation that could offer an early look at how the Trump Justice Department... 

Volvo to drop traditional engines
(Wednesday - July 05, 2017) 
Source: BBC - Volvo has become the first traditional carmaker to signal the end of the internal combustion engine by saying all its cars will have an electric motor in three years' time. 

Heathrow publishes its 2016 Sustainability Performance Report
(Thursday - July 06, 2017) 
Source: Heathrow - Heathrow’s latest Sustainability Performance Report demonstrates continued progress on a range of sustainability issues 

Tesla Sales Fall Flat, Clouding Outlook for Musk’s Bold Targets
(Thursday - July 06, 2017) 
Source: Bloomberg - Tesla Inc. deliveries are flatlining amid persistent production snafus, reinforcing concern that Elon Musk may again be setting targets that his electric-car company won’t hit on time

Hobby Lobby Fined $3 Million Over Smuggled Iraqi Artifacts
(Thursday - July 06, 2017) 
Source: Bloomberg - Oklahoma City -- Hobby Lobby Stores has agreed to pay a $3 million federal fine and forfeit thousands of ancient Iraqi artifacts smuggled from the Middle East that the government alleges were intentionally mislabeled, federal... 

Qualcomm seeks to ban imports and sales of Apple iPhones in new lawsuit
(Friday - July 07, 2017) 
Source: CNBC - Chipmaker Qualcomm is asking U.S. trade regulators to ban iPhone imports, according to a new lawsuit.


Trump Administration News... Affecting Directions on Governance, Sustainability & Climate Change

Trump's alarming environmental rollback: what's been scrapped so far  
(Wednesday - July 05, 2017) 
Source: The Guardian - Since January, the White House, Congress and EPA have engineered a dizzying reversal of regulations designed to protect the environment and public health 

Hawking Says Trump Could Tip Earth To Hot Venus Climate - Is It True? What Can Earth's Climate Tip To?
(Wednesday - July 05, 2017) 
Source: Science 2.0 - "We are close to the tipping point where global warming becomes irreversible. Trump's action could push the Earth over the brink, to become like Venus, with a temperature of 250 degrees, and raining sulfuric acid. Climate change... 

 

** The G20 are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States of America, and the European Union (representing the interests of the 28 states of the EU not included above).

TRAINING OPPORTUNITIES

_________________________________________

G&A Institute Sustainability Update
Informative, insightful, thought provoking
Governance & Accountability Institute's blog focusing on the sustainable world evolving daily before our eyes.  Read it, absorb it, question it and challenge.

UNCW and G&A Institute Announce The Certificate & Certification in “Corporate Responsibility & Sustainability Strategies” Online E-Learning Course Offering Dual Credentials

Global Reporting Initiative — The World’s Standard for Sustainability Reporting – CEO Tim Mohin Is Six Months Into the Job

Sustainability Reports Data Analyst Internship Available At Governance & Accountability Institute

Are You Still In? Are You Signed on Yet? C’Mon – the Country Needs You!

_________________________________________

G&A WEBINAR SERIES

Missed one of our webinars?
Access archived recordings & slides via the links below. Have an idea for a future webinar, email us at info@ga-institute.com

GRESB in 60 Days: Tech, Tools & Best Practices to Respond in 2017

Why Getting Started with CDP is More Important than Ever in collaboration with CDP

Why 2017 Should Be The Year You Respond to RobecoSAM (DJSI)? in collaboration with RobecoSAM and Nasdaq

_________________________________________

Governance & Accountability Institute Featured Service
Peer Benchmarking
Competitive analysis of peers' sustainability disclosure and reporting practices...
Learn more about Peer Benchmarking

Learn More About G&A Research

Featured Events

 

_________________________________________

GRI'S USA, UK & IRELAND
DATA PARTNER

G&A Institute is the exclusive Data Partner for the Global Reporting Initiative's (GRI) in the USA, UK and Republic of Ireland. We identify, receive, collect, analyze, database, and communicate about every report issued in any of the 3 countries. Over the past 6+ years, G&A analyzed 6,000-plus sustainability reports in this pro bono role and databased 100+ important data points for each report. 
Find out more @ G&A's What's A Data Partner

 

_________________________________________

Navigating the way to sustainability...
Contents © 2009 - 2017
All Rights Reserved

Copyrights for other providers are noted where appropriate. Please credit the source if quoted.
_________________________________________

The Sustainability Highlights eNewsletter is prepared by Governance & Accountability Institute, Inc. based on continuous monitoring of trends and developments in Sustainability and ESG. Governance & Accountability Instiute is the “Sustainability Headquarters™” for clients in the corporate, investment, public and social sectors. Based in New York, G&A is a for-profit consulting organization providing a range of value-added strategies, services and resources related to ESG & sustainability to clients in the corporate and capital markets communities.For G&A's full range of services, click on each of the links below:

Sustainability / ESG Consulting Services

Communications & Recognition Services

Investor Relation Services

For more information, contact Governance & Accountability Institute, Inc.
New York, New York | Tel 646.430.8230 | Web www.ga-institute.com | Email info@ga-institute.com