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ESG News Review 3 — 9 August 2013

Tokyo Electric Power Co. was the most criticized company last week, after Japan’s Prime Minister called for an "urgent battle to stop radioactive water from the Fukushima nuclear plant leaking into the ocean" (Sky News). JPMorgan Chase and Goldman Sachs,…


Business playing key role in drive for gay marriage

Gay marriage wouldn’t have passed in the Washington state Legislature this year without Gov. Chris Gregoire’s decision to reverse course and push for it. Legislators’ personal pleas to colleagues, as epitomized by Republican Rep. Maureen Walsh’s passionate floor speech about…


Business ethics: is a crisis necessary to implement change?

It is rare for two global crises to occur in such quick succession.  The banking and financial services industry, once heralded for its social responsibility and support of community issues, is under fire for seriously mishandling their financial responsibilities of…


Wall St. Helped to Mask Debt Fueling Europe’s Crisis

Wall Street tactics akin to the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro  by enabling European governments to hide their mounting debts. As worries over Greece rattle world markets,…


Will corporate social responsibility survive the bust?

Today wasn’t the best day for an investment bank to seek coverage of a big corporate social responsibility initiative. But Lehman’s collapse didn’t stop Goldman Sachs from going ahead with the long-planned announcement of new partners for its “10,000 Women”…


Brown calls on Google to help world’s poor

Gordon Brown plans to harness at least 20 of the world's biggest multinational companies, including Google and Vodafone, to tackle a "development emergency" in the world's poorest countries and put the international community back on course to achieve seven UN…

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