Articles you may have missed: February 22-28
These are the articles that have attracted the most interest on our site in the past week, and we’re republishing the links here to ensure you don’t miss out. The biggest story of the past week has undoubtedly been No Dash for Gas’ campaign for energy giant EDF to...
Leonardo DiCaprio calls for ivory trade ban in Thailand
Hollywood actor Leonardo DiCaprio has pledged to end the large-scale poaching of elephants, known as the ‘killing frenzy’, in an attempt to secure a full ivory ban in Thailand. DiCaprio has teamed up with campaigning network Avaaz to call for the sanction. At time of writing, nearly the petition...
Abundance calls on investors to pledge to third renewables project
Community funding platform Abundance Generation has launched a new solar energy project in Kent that allows investors to pledge as little as £5 to help fund its development. The project, called Hoo Solar, is Abundance’s third, and will look to build on the success of its first two, which...
We don’t have a pope
In the 2011 Italian comedy, We Have a Pope (Habemus Papam), a reluctant cardinal is elected pope in conclave, goes into hiding, seeks therapy and eventually resigns, causing shock to the Catholic community. We can only speculate if Pope Benedict XVI watched it. The pope emeritus’ decision to resign...
Chinese government urges business to invest responsibly
China has called for businesses to take environmental and social issues into account when investing at both domestic and international levels. The country’s commerce and environmental protection ministries have issued guidelines that they say will help firms take such things as pollution into account – as well as the...
Lloyds faces criticism over bonuses and PPI mis-selling after revealing a £570m annual loss
Lloyds Banking Group has revealed it made a £570m loss in 2012 – mainly down to the £3.6 billion it was forced to set aside for payment protection insurance (PPI) mis-selling – but will still be handing chief executive António Horta-Osório a bonus of over £1.4m. The group, which...
Triodos growth shows viability of sustainable banking
Triodos Bank, one Europe’s leading sustainable banks, has revealed that both its balance sheet and customer base have grown by 23% in the past year – figures that prove the financial viability of values-based banking. It adds that since the financial crisis in 2008, its banking operations have more...
Gulf of Mexico oil spill was not just our fault, says BP
Maintaining safety at the Deepwater Horizon rig was a shared effort, a senior BP executive said during yesterday’s court case relating to the Gulf of Mexico oil spill in 2010. The extent to which BP was negligent came under sharp scrutiny on the third day of the civil trail,...
Shell pulls out of Arctic drilling in 2013 amid safety fears
Shell has suspended drilling operations in Arctic waters for 2013 after a series of mechanical failures. However, the oil giant states that it remains committed to exploration in the region. In what is a huge setback for the company’s Arctic plans, the firm has abandoned plans to drill off...
Campaigners angry at size of RBS bonus pot after bank records £5.17bn loss for 2012
The Royal Bank of Scotland (RBS) revealed it made a £5.17 billion pre-tax loss in 2012 – more than three times the £1.2 billion it lost in 2011 – yet still shelled out £607m in bonuses to its employees. Some £215 of the total will go towards investment bankers,...
Avaaz petition asks bankers to pay their fair share of tax
Campaign website Avaaz is calling on people to sign a petition to the EU parliament, in order to ensure transparent financial transactions within banks in a bid to discourage tax avoidance. Over 200,000 have added their names to the campaign, which is aiming for significant changes in the way...
Nestlé CEO: water scarcity is a major threat to the food industry
Nestlé CEO Paul Bulcke has warned about the possible consequences of a global water shortage – a threat that will hit the food industry particularly hard. In a speech at the annual City Food Lecture entitled Water – the linchpin of food security, Buckle argued that the overuse of...
Polar Bear Day aims to inspire action on Arctic crisis
Today is International Polar Bear Day – an event led by the world’s leading polar bear conservation group, Polar Bear International (PBI), to celebrate and protect one of the most elegant creatures on the planet. PBI created the event to draw attention to the recent decline in the polar...
Dow Jones launches ‘first’ sustainability index for emerging markets
Financial information firm Dow Jones and sustainable investment specialists RobecoSAM have developed a joint index that looks to measure the sustainability performance of companies from emerging economies. The Dow Jones Sustainability Emerging Markets Index (DJSI Emerging Markets) will run alongside Dow Jones’ other sustainability indices, and allow investors to...
‘Consumers should be angry’ as British Gas increases profits by 11%
Despite the economic downturn, energy company British Gas has reported that it made profits of £606m in 2012 – up from £544m in 2011. But environmental campaigners claim consumers have within their rights to be angry at the firm, which is owned by Centrica, because of soaring energy bills...
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