November 2015: ExxonMobil
On 4 November the New York State Attorney-General sends a subpoena to ExxonMobil requesting financial records and other documentation for an investigation on whether the company misled investors and the public about climate change risks and how it could affect ExxonMobil. The Attorney-General’s office has broad powers to initiate financial fraud cases because of New […]
October 2015: Thomson Reuters
Thomson Reuters Launches an online, multimedia report entitled “Seven Reasons the World will be Sustainable”. It profiles the challenge for the Global 500 to take on carbon pricing. It also quotes the Global Sustainable Investment Review, highlighting that the global sustainable investment market has grown from $13.3 trillion in 2012 to $21.4 trillion in 2014, […]
September 2015: Volkswagen
In September 2015 US regulators found Volkswagen guilty of intentionally falsifying emissions data. It catalyzed much debate on VW, the car manufacturing industry and test standards in Europe to limit air polluting NOx emissions. While consumer reaction worldwide did not immediately show a dramatic impact on sales revenues, investors made their displeasure clear. VW shares […]
August 2015: Apple
After the Black Monday China stock market crash of 24 August, Apple’s shares dropped 10% as investors were concerned about its exposure to the Chinese market. Later that day Apple CEO Tim Cook took the unprecedented step of replying to an email of the TV host of the CNBC show Mad Money. He indicated that […]
In this corner, DJSI; in this corner, materiality
July 2015 User View by Robert G. Eccles, Professor of Management Practice at Harvard Business School, and Tim Youmans, Researcher at Harvard Business School, United States “If we we’re serious about meaningful reporting on ESG performance, the focus should be on targeted, business-relevant metrics and a simple, transparent reporting process. The era of being part […]
