Greenwash & Public Relations
Iraqi ministries will now be able to borrow billions of dollars to buy much-needed equipment from overseas suppliers, but only by mortgaging the national oil revenues through a bank managed by JP Morgan Chase.
The California Supreme Court delivered a stiff warning to businesses Thursday, ruling that a San Francisco man can sue Nike Inc. for false advertising for allegedly lying about working conditions at Asian factories where its athletic shoes and clothes are made.
Members of the Alliance for a Corporate-Free UN, a grouping of non-governmental groups from around the world, send letter to UN Secretary General Kofi Annan outlining major proposed changes to the Global Compact.
Companies which produce weapons that through their normal use violate fundamental humanitarian principles. The weapons in question are antipersonnel landmines, cluster munitions, key components for nuclear weapons, incendiary weapons, chemical weapons, biological weapons, weapons that produce non-detectable fragments, and blinding laser weapons.
Entergy Nuclear (part of the broader Entergy energy family) is spinning off its northeastern U.S.-based nuclear power plants into a related limited liability corporation, Enexus. Stakeholders in Vermont, home of the Yankee Nuclear power plant, are less than happy, with Entergy also reneging on prior commitments to cover eventual plant decommissioning costs, potentially stranding taxpayers with much of the bill.
The world has moved backward on environment and development since Rio. Governments surely bear primary responsibility for this failure. However, global corporations are at the root of many of the most intractable problems and have hamstrung governments preparing for Earth Summit II in Johannesburg, South Africa.
A subsidiary of Herakles Capital, a New York based investment firm, has decided to cancel its application to join the Roundtable on Sustainable Palm Oil (RSPO) after environmental groups alleged that its 73,086 hectare project in southwestern Cameroon would threaten the sustainability of the local community.
Even as world leaders kicked off discussions on how to alleviate poverty a theme anti-globalization activists have pushed for years a motley crew of corn farmers, masked students and rebel supporters took to the streets denouncing the gathering as more of the same.
Secretary of State Colin Powell will lead the American delegation to the World Summit on Sustainable Development, to be held in Johannesburg, South Africa from August 26 through September 4. President George W. Bush made the announcement late today, giving no explanation as to why he will not be attending the summit to join 106 other world leaders on the speaker's podium.