Environmentalism Sprouts Up on Corporate Boards. By Joann S. Lublin, WSJournal, August 11, 2008, subscription. "About 25% of Fortune 500 companies now have a board committee overseeing the environment, compared with fewer than 10% five years ago, estimates Mindy Lubber, president of Ceres, a national coalition of activists, investors and others concerned with the environment. Such panels typically try to make sure that executives effectively handle conservation efforts, new environmentally friendly ventures like wind power, compliance with environmental regulations and related business risks. Shareholders are more active on environmental issues, too. The number of investor proposals related to the environment nearly doubled between 2004 and 2008."
2008-08-11
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment