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...
Libya could produce more energy from renewables than oil, says study
Libya could generate five times the amount of energy from solar panels alone than what it produces from crude oil, according to research by Nottingham Trent University. The study, led by the university’s School of Architecture, Design and the Built Environment, shows that the oil-rich North African state has...
UN opens climate centre to aid technological development
The United Nations has launched a new programme to develop technologies that help tackle climate change, following an agreement made during climate change negotiations in Doha last year. In Nairobi this week, it was agreed that the UN Environment Programme (UNEP) would lead a consortium of 11 organisations and...
Kellogg’s and Mars among poor performers in Oxfam ethics scorecard
Some of the world’s largest food and beverage companies fail to meet ethical and environmental standards in developing countries, a report by Oxfam has revealed. The Oxfam campaign aims to tackle global poverty and has analysed the social policies of the 10 largest food and beverage companies in its...
Half of countries pose serious human rights risks, warns investment group
Citizens from 48% of countries across the world are at serious risk of human rights violations, meaning global businesses ought to be wary about where they’re investing and operating. The findings appear in a report by Ecclesiastical Investment Management (EIM) called Human rights: human wrongs, an emerging corporate risk....
Scotland could be go-to place for ethical banking and Islamic finance
Recent figures from the Islamic Finance Council UK (IFC) show that more than 50% of Scots want to see some of their money invested using green or ethical criteria – meaning the country has an opportunity to become a hub for ethical finance. The IFC invited governmental representatives, as...
Church of England ethical investment arm to promote responsible GM investments
The Church of England Ethical Investment Advisory Group (EIAG) has encouraged the church to take a “precautionary” stance on investments in genetic modification (GM). In an update of its policy on investing in genetically modified organisms (GMOs), the EIAG claims that companies developing GMOs will have to meet strict “ethical...
EDF under fire as thousands back No Dash for Gas in online petition
More than 12,000 people in 24 hours have signed a petition calling on energy giant EDF to drop a £5m civil claim against activists who occupied one of its power plants last October. A total of 21 activists from campaign group No Dash for Gas pleaded guilty to charges...
BP faces £11bn civil fine over Deepwater Horizon misdeeds
Oil giant BP is facing civil claims for up to $17.6 billion (£11.6 billion) in relation to the Deepwater Horizon disaster in the Gulf of Mexico. The firm today started the first phase of the trial against the US states affected by the 2010 oil spill as well as...
Fairtrade sales surpassed £1.5bn in 2012, as Fairtrade Fortnight begins
Sales of Fairtrade-certified goods grew by 19% to £1.57 billion in 2012, according to statistics released as part of Fairtrade Fortnight, which begins today. The figure is greater than the £1.32 billion of sales in 2011, and has been put down to the significant growth of Fairtrade cocoa (21%),...
Climate change could stop people working, scientists reveal
Increasing temperatures and humidity are expected to double labour capacity losses by 2050, according to research by the Geophysical Fluid Dynamics Laboratory in New Jersey. Productivity during the hottest months is normally reduced to about 90%, says the research, but in a future scenario where global warming could lead...
Deet is losing its effectiveness against mosquitoes, scientists say
Mosquitoes are now able to ignore the widely used insect repellent Deet, say scientists, because their receptors are becoming less sensitive. Deet, whose chemical name is N,N-diethyl-meta-toluamide, is one of the most common insect repellent in the world, and is depended on for its valuable protection against mosquitoes. It...
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