Accountability-Central.com
Register here.  Forgot your password?  Remember me
HomeAbout The SiteSubscribe to Sustainability Highlights NewsletterVoices: Featured Commentators and Bloggers  Special Sections
Search

Categories:

Featured Content


Slide10

Slide10

Slide10


NewsAndInfo

 



Click Here to Subscribe to our RSS Feed
 



Stories Below come from our Media Partner 3BL Media - Click their logo or any of the stories for more information


Global Warming and Climate Change, Global Warning Information, Updates

Global Warming and Climate Change

Updated January 2011

The year 2010 ended with an enormous blizzard that engulfed the northeast US, paralyzing New York and Boston and much of the Atlantic Coast.  That storm was followed almost three weeks later  by yet another severe snow storm that had the same effect.  Speculation started immediately that these events had their  roots in global warming – Time Magazine wrote:

“The World Meteorological Organization recently reported that 2010 is almost certainly going to be one of the three warmest years on record, while 2001 to 2010 is already the hottest decade in recorded history. Indeed, according to some scientists, all of these events may actually be connected.”

Just a few days before at the CNN debate on climate change, UN Climate Secretary Christiana Figueres said that “private businesses are better placed than governments to tackle global warming because they can act faster...”  There appeared to be an agreement at the event that the urgency to reduce carbon emissions was such that business could not afford to wait for governments to act.

Prior to the UN-sponsored Cancun Climate Conference in December 2010, the world's largest global investors were urging the conference delegates and the US Congress to “take action now in the fight against global warming or risk economic disruptions far more severe than the recent financial crisis.”

Unfortunately, at Cancun and the year before in Copenhagen, government progress to address climate change only inched slightly forward.  But while government consensus moved by inches, the scientists tell us we should be moving by miles   – or do they?

The last two years has seen the debate of the existence of human-caused climate change -- or any climate changed -- challenged by doubters.   Some poor science conducted by some believers/ supporters, followed by unfortunate media reporting and the issues identified as hot in the recent Congressional elections saw weak support for global warming among Americans. Witness this: “The poll, one of four annual surveys conducted by Shelton Group, surveyed 1,098 Americans who at least occasionally buy green products and found only about half believe climate change is occurring and caused by human beings…”

While the majority of the American  public apparently are yet to believe in the problems of climate change and global warming and world governments unable to agree on a course of action, AC will continue to focus on potentially one of the greatest issues world society faces. Since this section was begun in April 2008 more than 1,200 articles, commentaries and reports  have been posted for our readers.  No doubt there is more to come.  (We invite you to tell us where you stand on the issues.)

 -----------------------------

Institutional investors are focused on the potential or rising risk posed by climate change to the companies they hold in portfolios.  “Climate change,” “global warming” and “sustainability” (of the company owned, over the long-term) are trigger phrases now for all manner of shareholder activities – and corporate responses. The argument is not always about “if” climate change is occurring or “who” or “what” is responsible – often, the investors now ask:  What is the company doing to prepare for and mitigate the risk?  Investors have many questions:  Has the company charted its “carbon footprint” – has management taken steps to inform shareowners of real or potential climate change risks – what are the potential costs of mitigating such risks – and more.

Looking to put muscle behind these requests, shareowners are filing numerous proxy petitions (shareholder sponsored proxy resolutions) on the ballot in 2008.  Coalitions are being formed to address climate risk issues at public companies.  On September 18, 2007, a broad coalition of investors, state officials with regulatory and fiscal management responsibilities, and environmental groups filed a landmark petition asking the Securities and Exchange Commission (SEC) to require publicly-traded companies to assess and fully disclose their financial risks related to climate change issues. The coalition formally asked the Commission's Division of Corporation Finance to immediately begin "[c]losely scrutinizing the adequacy of registrants' climate disclosures" under existing law.

The institutional investors involved represent $1.5 trillion in managed assets and include major public employee pension funds, state treasurers and comptrollers, state attorneys general and major environmental organizations.  Their “First of a Kind” resolution will create major waves on Wall Street and in the corporate suites as the campaign goes on.   (This issue is not going anyway anytime soon.)

The coalition includes the Environmental Defense, Ceres, the California State Treasurer Bill Lockyer, Florida Chief Financial Officer Alex Sink, Maine State Treasurer David G. Lemoine, New York State Comptroller Thomas P. DiNapoli, North Carolina State Treasurer Richard Moore and Oregon State Treasurer Randall Edwards, as well as New York State Attorney General Andrew M. Cuomo.

The Securities and Exchange Commission staff had no immediate reaction, but in the overall dialogue regarding shareholders rights, federal regulations and corporate governance, this measure landed like a bombshell in Washington, DC.  Accountability-Central will continue to present news and commentary as the climate change issue unfolds and various capital markets players present their views and opinions.

Learn more about climate change: http://www.learnstuff.com/climate-change-and-global-warming-an-objective-overview/

 

 


Latest on Global Warming and Climate Change

October 1, 2019 315 billion-tonne iceberg breaks off Antarctica

Source: BBC

The Amery Ice Shelf in Antarctica has just produced its biggest iceberg in more than 50 years.

September 30, 2019 This Green Cement Company Says It Can Cut Carbon Dioxide Emissions - video only

Source: TiuTube

Every year, the production of cement accounts for 8 percent of global CO2 emissions. If the cement industry were a country, it would be the world's third-largest emitter of CO2. One company working to reduce the carbon footprint...

September 30, 2019 Hurricane Lorenzo a Threat to the Azores This Week After Becoming Easternmost Atlantic Category 5 on Record

Source: Weather.com

Lorenzo's intensity over the weekend was unlike anything in the record books so far east in the Atlantic Ocean.

September 27, 2019 International Coffee Day: Wake Up And Smell A Sustainable Future

Source: Forbes

With “International Coffee Day” approaching on October 1st, let’s take a moment to celebrate the impact of coffee on society and how its continued vitality depends on a sustainable future.

September 27, 2019 Markets face major risks over lax climate forecasts, top investors warn

Source: Reuters

LONDON - Financial markets risk major disruptions by relying on business-as-usual forecasts that underestimate the impact of climate-change policies that are expected to abruptly tighten next decade, a leading group of investors...

September 26, 2019 The world's largest offshore wind farm is nearly complete. It can power 1 million homes

Source: CNN

The world's largest offshore wind farm is taking shape off the east coast of Britain, a landmark project that demonstrates one way to combat climate change at scale.

September 25, 2019 What 1,000 CEOs Really Think About Climate Change and Inequality

Source: Harvard Business Review

To solve the world’s biggest challenges, such as climate change and inequality, the business community will have to play a critical role. And we need CEOs who understand the challenges and want to drive deep change in how...

September 25, 2019 Climate Activism Requires More Than Just Sustainability Statements From Brands

Source: Ad Week

Sustainability—defined as the quality of not being harmful to the environment or depleting natural resources, and thereby supporting long-term ecological balance—has been a driver of mostly good things for 30-plus years.

September 25, 2019 Most of world's biggest firms 'unlikely' to meet Paris climate targets

Source: The Guardian

More than four fifths of the world’s largest companies are unlikely to meet the targets set out in the Paris climate agreement by 2050, according to fresh analysis of their climate disclosures.

September 25, 2019 Landmark UN report warns sea levels will rise faster than projected by 2100

Source: CNN

Cities from New York to Shanghai could see regular flooding, as sea levels rise faster than previously thought. Glaciers and ice sheets from the Himalayas to Antarctica are rapidly melting.

Displaying results 291 to 300 out of 2850
HOME | ABOUT THE SITE | SUBSCRIBE TO SUSTAINABILITY HIGHLIGHTS NEWSLETTER | VOICES: FEATURED COMMENTATORS AND BLOGGERS  | SPECIAL SECTIONS

Published by

TM

Published by Governance & Accountability Institute, Inc.
Design & Contents Copyright © 2005 - 2020
By G&A Institute unless otherwise noted. All rights reserved.
Accountability-Central is a service mark of G&A Institute, Inc.
New York, New York, USA

Email info@ga-institute.com | Web www.ga-institute.com