The U.S. Supreme Court’s disastrous Citizens United v. FEC ruling has allowed corporate CEOs to unleash a torrent of secret corporate spending into our political system. Indefensibly, CEOs are able to keep both the public and their own shareholders in the dark about the use of company funds for political …
Jon Corzine — What’s Going On?
It pays to be rich, powerful and a Democrat with friends in Washington. While Anna Gristina, a Connecticut mother accused of being a New York “madam” sits in a cell on Riker’s Island, Jon Corzine, the former CEO of MF Global sits at home in his New Jersey mansion. MF …
New Rules for Global Finance
Back in February, Jamie Dimon, the chairman and chief executive of JPMorgan Chase, told Fox Business that “Paul Volcker by his own admission has said he doesn’t understand capital markets. He has proven that to me.” After its recent $2 billion loss in trading, it seems even JPMorgan may not …
Enlightened shareholder value needs enlightened shareholders
Network for Sustainable Financial Markets has posted a new item, ‘Enlightened shareholder value needs enlightened shareholders, say NSFM participants and other experts’ In a letter published in The Times today NSFM participants Catherine Howarth, Steve Waygood, Jeremy Leggett, Charles Scanlan and Raj Thamotheram, along with other experts, have called for …
Ryder, Coke, GE Among 6 Firms Joining Obama’s Green Fleet Program
Ryder, Coke, GE Among 6 Firms Joining Obama’s Green Fleet Program By Tilde Herrera The new additions to the partnership bring more than 1 million corporate fleet vehicles into the effort to reduce fleets’ fuel use and greenhouse gas emissions….Read More How Shareholder Activism Moved the Needle on Sustainability in …
Is your nest egg funding the corporate agenda?
An article from Public Citizen Newly emboldened by the U.S. Supreme Court’s disastrous ruling in Citizens United v. Federal Election Commission, corporate CEOs will be spending unprecedented millions to influence elections in 2012. If you or someone you know has a 401(k), a similar retirement account or other investments, the …
Four Rivers BioEnergy acquires ML Oils
2 June 2011 DEAL NEWS Four Rivers BioEnergy acquires ML Oils Diamond Green Diesel secures Valero financing Sarawak government inks deal to buy hydropower from Bakun dam Waste-to-energy producer Enerkem raises $60m Cleantech business Vestaron seeks $8m equity boost Beleaguered AMSC cuts headcount, looks for funding after Sinovel disputes Siemens …
Work begins on new sustainability reporting guidelines
Global Reporting Initiative Press Release For immediate release Wednesday 4 May 2011 Work begins on new sustainability reporting guidelines Call for input opens 16 May 2011 The next generation of Sustainability Reporting Guidelines is now under development, announces GRI today (4 May 2011). GRI is asking its network and the …
Deal round-up: Google leads in cleantech equity grab
11 April 2011 DEAL NEWS Deal round-up: Google leads in cleantech equity grab ESB Novusmodus leads a €20m investment round into Wind Energy Direct CPFL Energia buys Brazilian wind developer Jantus Sempra to sell wind energy to Hawaii’s Maui Electric CO2Sense to invest £3m in Yorkshire low carbon Eldepasco shareholders …
EU wants a “critical mass” of shareholders taking engagement seriously
April 5th, 2011 RI News Flash: › EU wants a “critical mass” of shareholders taking engagement seriously Click here to read the newsletter