US companies dominate 2015 Global 100 index
Posted January 21, 2015
U.S. companies have the largest presence yet on our Global 100 ranking, which is growing increasingly competitive.
The events of the past year have demonstrated the growing relevance of the indicators used by Corporate Knights to determine its annual list of corporate leaders in sustainability.
The landmark China-U.S. climate change agreement, rising awareness and interest in the concept of “unburnable carbon,” and global momentum behind carbon pricing mean increased risk for organizations with low carbon productivity.Continue Reading...
The (dis)honour of the crown
Posted January 12, 2015
Author John Ralston Saul tells Corporate Knights why he was inspired to write a book on Canada's aboriginal renaissance.
Canadian author and leading public intellectual John Ralston Saul was busy working on other projects when the Idle No More protests sprang up in late 2012. For several months, First Nations protests emerged all over the country, mostly in opposition to provisions tucked into two government omnibus bills that affected environmental and land management policy.
Media and pundits were confused by the lack of cohesive demands or centralized leadership coming out of these protests, but Saul saw something more important: The protests were part of a broader re-emergence of aboriginal Canadians into a position of power and influence.Continue Reading...
Heroes & zeroes: vol. 16
Posted January 10, 2015
Asia Pulp and Paper goes from a zero to a hero, while Hyundai gets caught lying about the gas mileage for its U.S. vehicles.
Hero: Asia Pulp and Paper
Asia Pulp and Paper (APP) was designated a Zero by Corporate Knights back in 2012, after a Greenpeace investigation uncovered damning evidence of illegal clear-cutting in portions of the Indonesian rainforest controlled by the company. The report and a subsequent Greenpeace pressure campaign led to over 130 global companies dropping APP as a paper supplier. Even prior to the Greenpeace report, APP had gained a reputation in the industry as an environmental pariah. British environmentalist George Monbiot once described APP as “one of the most destructive companies on the planet.”Continue Reading...
The climate conundrum for Republicans
Posted December 20, 2014
OPINION: There’s a big policy downside to refusing to engage in constructive conversations over climate change.
The past few weeks have seen several newly-elected Republican lawmakers emerge from the woodwork and acknowledge the growing risks that climate change pose to their constituents, as well as the planet more broadly. First, we had Louisiana Congressman-elect Garret Graves, the former director of Louisiana’s Coastal Protection and Restoration Authority.Continue Reading...
The $870 billion Norwegian model
Posted December 1, 2014
Norway produces less oil than Alberta, but has more money to show for it. Meet the man behind Norway’s sovereign wealth fund.
Norway is known for several things, including its Viking roots, a singular obsession with cross-country skiing and an enormous sovereign wealth fund. Officially known as the Government Pension Fund Global (GPFG), it is currently valued at about $870 billion (U.S.). Funded by revenue generated from its offshore oil industry, the GPFG has amassed all of this wealth over the past 20 years. In comparison, Alberta’s Heritage Savings Trust Fund has around $15 billion (U.S.), despite having been set up decades earlier with the same purpose. Alberta has also produced significantly more oil than Norway during that time period.Continue Reading...