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The Wall Street Journal
Amid rising investor worries over global warming and shrinking natural resources, directors are keeping a closer watch on environmental issues. Boards at Integrys Energy Group Inc., Quicksilver Resources Inc., Tesoro Corp. and elsewhere recently have created separate environmental panels—joining long-established ones at DuPont Co., Occidental Petroleum Corp. and Rohm & Haas Co. Other companies cover environmental issues with an existing board committee.
TIme Magazine
The global-warming debate has introduced some new catchphrases into the business lexicon. Becoming carbon neutral, for example, is now a goal for multinationals like Dell, HSBC and Tesco. But for another well-known international brand, becoming carbon neutral isn’t enough. Last June, Coca-Cola CEO Neville Isdell flew to Beijing and pledged that his company would become “water neutral” — every drop of water it uses to produce beverages would be returned to the earth or compensated for through conservation and recycling programs.
New York Times
Some of the most powerful corporate leaders in America have been meeting regularly with leading environmental groups in a conference room in downtown Washington for over two years to work on proposals for a national policy to limit carbon emissions.
Companies in Hungary are beginning to see the benefits of social responsibility, according to Kincső Adriány, from the Hungarian Business Leaders’ Forum Corporate responsibility in Hungary is “getting there”, says Kincső Adriány, executive director of the Hungarian Business Leaders’ Forum. Levels of practice and understanding are broadly comparable to those in the Czech Republic, Poland and Slovakia, but reaching western European standards could take “ten, 20, even 25 years”.