CSR News Stories

US: Employees attest to widespread greenwashing by firms

A recent survey of US employees has suggested that 59 percent of employees believe that their own companies could do more to be environmentally friendly, with a full 68 percent believing that most companies engage in 'greenwashing' - making green claims not backed up by reality.

China: Companies need to show green progress to expand

The Chinese government has introduced a programme of 'green securities' to make it harder for polluting companies to raise capital without focusing on mitigation and to require them to provide more information about environmental performance.

China: Factories moving away from coast to escape pollution scrutiny

Many Chinese companies are moving their most polluting processes away from coastal regions into areas where environmental scrutiny is lighter, according to the Chinese campaign group the Institute of Public and Environmental Affairs (IPE).

Office supply company drops Asia Pulp & Paper over environmental concerns

Office supply company Staples has announced that it is ending its relationship with Asia Pulp & Paper over concerns about its environmental performance.

Nigeria: Imports of old computers targeted

Nigeria is to work towards a ban on the import of old computers because so much of the spare parts are being dumped and causing problems of toxic waste.

Nokia attacked for failing to justify its environmental leader status

Nokia, which has just unveiled a fully recycled 'concept' phone, came under attack from Greenpeace which dropped the company from its number one position in its 'Guide to Greener Electronics' due to "ineffectual takeback" mechanisms.

UK: Report questions how green are ethical funds

A new report has said that many ethical investment funds are extremely light on environmental issues, backing major oil companies such as BP and Shell whilst ignoring many of the new cleantech companies that are focused on producing solutions to climate change.

Google says it will invest to support green technologies

Internet giant Google has said that it will invest hundreds of millions of dollars in alternative energy technology projects that would otherwise have difficulty getting funds.

China: Half of chemical plants pose major risks

According to China's State Environmental Protection Administration, around half of the country's chemical plants pose major risks of environmental incidents and pollution.

Revised Equator Principles launched

A revised version of the Equator Principles has been launched to cover social and environmental risks for financial institutions in project financing.

HSBC given 'sustainable bank of the year' accolade

Global bank HSBC has been named as 'sustainable bank of the year' at the Financial Times Sustainable Banking Awards.

BP faces criminal inquiry into Alaskan oil spill

BP faces a criminal investigation in the US following its massive oil spill in Prudhoe Bay, Alaska.

Malaysia: Rimbunan Hijau accused of 'golden chainsaw' assault

Greenpeace activists have said that they were assaulted by employees of the Malaysian logging company Rimbunan Hijau when they turned up at the firm to present it with a symbolic 'golden chainsaw' for what they described as 'achievements in forest destruction'.

Shell to appeal Niger Delta fine

Shell has appealed against a court ruling in Nigeria fining it $1.5bn for environmental damage in the region caused by its operations.

ABN Amro shines on sustainable banking shortlist

The FT Sustainable Banking Awards have announced its shortlisted candidates, and revealed that ABN Amro has been shortlisted for every category.

Calyon criticised over support for Botnia papermill in Uruguay

Calyon, part of Credit Agricole of France, has been attacked for allegedly violating its commitment to the Equator Principles in its support of Finnish papermill Botnia.

US: Top 100 polluters named

A new list has been produced naming the companies which emit the most pollution in the US.

Glamis Gold and Anglo American targeted by new gold campaign

Canadian multinational Glamis Gold and AngloGold Ashanti, a subsidiary of Anglo American, have been urged to give local communities a greater say over how gold is mined by a new report released by CAFOD.

Chevron CEO confronted by rainforest activists

Two rainforest leaders called upon Chevron CEO David O'Reilly at the company's AGM to face its responsibilities for pollution in the Ecuadorian Amazon.

Japan: Kubota offers asbestos compensation to neighbours

Machinery manufacturer Kubota has said it will pay 46m yen to people who lost relatives to asbestos exposure, making it the first company to extend such support outside of its own workforce.

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