In a show of how seriously investors, environmentalists and advocates are looking at the environmental costs and financial uncertainties associated with tar sands, support has grown dramatically for shareholder resolutions filed at major oil companies. This movement parallels increased activity on the part of more than 50 nongovernmental organizations working to slow down the expansion [...]

WHEREAS
Environmental expertise is critical to the success of companies in the energy industry because of the significant environmental issues associated with their operations.  Shareholders, lenders, host country governments and regulators, and affected communities are focused on these impacts.   A company’s inability to demonstrate that its environmental policies and practices are in line with internationally accepted [...]

In early June, I traveled with members of the Interfaith Center for Corporate Responsibility (ICCR) through Louisiana’s heavily industrialized and highly polluted 85-mile stretch between New Orleans and Baton Rouge known as “Cancer Alley,” then further west to the town of Mossville, a cancer alley unto its own. Our guides were leaders from local environmental [...]

by Jonas Kron
Google is a company that we often point to when asked to name companies that address environmental and social issues constructively. The company’s RE<C (Renewable Energy Cheaper Than Coal) is a groundbreaking initiative that will help change the power landscape, creating opportunities to advance solar thermal power, wind power technologies, and enhanced geothermal [...]

Click here to read the press release. 
Boston, MA (April 27, 2009) ­ Trillium Asset Management Corporation (“Trillium”) is joining two nonprofit advocacy organizations, the International Labor Rights Forum and the International Rivers Network, in calling on fellow Berkshire Hathaway investors to back a proposal on the agenda for the company’s upcoming May 2, 2009 annual [...]

Obama Administration has the Opportunity to Reverse SEC Policies that Censored Environmental and Social Inquiries
The current financial and economic crisis demonstrates the extent to which all sectors and all participants in the market, whether companies, investors, employees, or communities, are interrelated and deeply affected by the actions of any one participant. Protecting and enhancing the [...]

WHEREAS
The International Energy Agency warned in its 2007 World Energy Outlook that “urgent action is needed if greenhouse gas [GHG] concentrations are to be stabilized at a level that would prevent dangerous interference with the climate system.”
ExxonMobil operates in countries that have ratified the Kyoto Protocol, obliging them to reduce GHG emissions below 1990 levels [...]

WHEREAS
ConocoPhillips has considerable interests in oil sands operations in the Canadian boreal forest that mine and upgrade bitumen. ConocoPhillips holds a 9% interest in Syncrude, a joint venture expected to produce 350,000 barrels/day by 2010, and is the operating partner of the Surmont oil sands joint venture project, with a 50% equity stake (potential production: [...]

Adam Seitchik, Ph.D., CFA, Executive Vice President of Trillium Asset Management Corporation, recently authored Climate Change From the Investor’s Perspective. This is part of the “Growing The Economy through Global Warming Solutions” series of reports developed by the Civil Society Institute (www.civilsocietyinstitute.org), a non-profit organization dedicated to finding solutions [...]

WHEREAS
ExxonMobil Corp. “is the world’s largest petroleum and petrochemical
enterprise,” and “largest net producer of hydrocarbons in Europe”;
“ExxonMobil recognizes that the impact of greenhouse gas emissions [GHG] on society and ecosystems may prove to be significant”;
ExxonMobil faces potential strategic challenges from “the competitiveness of alternative hydrocarbon or other energy sources” (2006 10K);
Leaders of 25 corporations, including [...]