December 2015
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U.S. EPA Releases 2015 Enforcement Statistics
The United States Environmental Protection Agency announced its 2015 enforcement statistics, noting that for fiscal year 2015, U.S. EPA initiated enforcement actions resulted in $404 million in penalties and fines. Continue reading
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New ESG Reporting Obligations in Hong Kong
The Hong Kong Stock Exchange announced this week it will require listed companies to strengthen reporting on environmental, social and governance (ESG) matters, responding to investor demand for greater transparency in these areas. Continue reading
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Historic Climate Agreement Reached in Paris
On Saturday, December 12th, the 195 parties to the COP21 in Paris agreed to a historic agreement aimed at reducing greenhouse gas emissions from both developed and developing nations. Continue reading
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COP21 and Green Bond Market Developments
COP21, HSBC Holdings PLC, the fourth largest bank by assets in the world, has issued its first green bonds this month. Proceeds of the green bond issue will be used to finance renewable energy, energy efficiency, energy conservation, and climate adaptation projects, among others. Continue reading
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Businesses and Investors Around the Globe Pledge Actions Alongside their Vocal Support for COP21
By Alexander J. Bandza Not only are countless businesses publicly supporting a global climate agreement from COP21 as we previously reported, several businesses and business coalitions are pledging to take operational and strategic actions in advance of such an agreement. As reported by Ceres, set out below here are a few of the business coalitions and… Continue reading
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COP21 Delegates Agree on Draft Climate Change Agreement
Delegates from almost 200 nations worked through the night on Friday and into Saturday, working to create the 48-page “Draft Paris Agreement,” made public on Saturday, December 5th. The draft agreement will be the subject of continued negotiations this week in Paris, with the goal of finalizing a long-term climate change agreement among all parties… Continue reading
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Will Congress Disrupt President Obama’s Efforts at COP21?
As the President and other top officials participate in climate change negotiations at the COP21 in Paris, lawmakers back home are pushing to maintain a role in determining U.S. climate policy. Continue reading
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CERES Confirms Business Supports Climate Change Action
CERES is urging world governments meeting now at the COP21 this week in Paris to produce a strong climate agreement. CERES believes that recent actions confirm that the business and financial communities support clean energy and a low-carbon transition. Continue reading