Commentary: Public companies should disclose risks to investors
By Thomas Kostigen, MarketWatch
Last update: 7:49 p.m. EDT July 24, 2008
SANTA MONICA, Calif. (MarketWatch) — Legislators and investors are urging the Securities and Exchange Commission to adopt policy that would require publicly traded companies to disclose their financial risks from climate change.
Most recently the Senate Appropriations Committee included [...]

by Anne Moore Odell, (SocialFunds.com)

With the help of environmental groups and power companies, Citi, JPMorgan Chase and Morgan Stanley outline carbon risk management for banks.

SocialFunds.com — If banks are serious about managing their carbon footprints, they must go beyond simply greening up their own companies’ use of electricity to examining the projects they help finance. [...]

(Reuters)

By Scott Malone

BOSTON (Reuters) - U.S. mutual funds over the past few years have tempered their opposition to environment-related shareholder proposals, though on balance they still vote against them, according to a study released on Wednesday.

Mutual funds last year voted against climate-related shareholder initiatives 65.1 percent of the time, down from 77.8 percent of the [...]

There’s lots of controversy swirling around the issue of global warming, and climate change in general. The doomsayers predict catastrophic consequences unless urgent action is taken to reduce CO2 emissions and the deniers who believe the entire issue has been fabricated or blown out of proportion.

But the consensus is emerging that the problem of global [...]

San Fransisco Business times

by Lindsay Riddell

CalPERS and CalSTRS already have $400 billion in economic muscle. Now they’ve got a green thumb, too.

The state’s two largest pension funds are taking steps to push, prod and otherwise cajole their portfolio companies to disclose the way global warming might affect their shareholders’ investments. They’re lobbying securities regulators to [...]

News from The Globe and Mail
BOYD ERMAN
Friday, May 30, 2008

Canada’s first emissions-trading market opens today, with the TSX Group Inc. launching the Montreal Climate Exchange to give polluters a place to buy and sell carbon credits. As a country that’s a big emitter, the market potential is large, said Luc Bertrand, the deputy chief executive [...]