Business In the Community Media Round Up, 2 May 2008
2/05/2008
 

Welcome to Media Round-Up, Business in the Community's daily round-up of news about business and corporate social responsibility (CSR) issues.

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Credit crunch savings help business to go green
Times online

The credit crunch could be good news for the fight against climate change, business leaders said today. Tighter conditions in the global credit markets, coupled with soaring commodity prices, are forcing businesses to make cutbacks which could, in the long term, help reduce their impact on the environment.

 
 
Unilever makes sustainable palm oil pledge
The Daily Telegraph

The Prince of Wales praised the giant Unilever group after it pledged to use only sustainably produced palm oil in its products.

 
 
Shell breezes out of wind farm to storm
The Daily Telegraph, Business p. B4

A lot of people said they were "very disappointed" yesterday - Environment Minister Hilary Benn, the chief executive of E.ON UK, Dr Paul Golby, and Friends of the Earth campaigner Nick Rau. In truth, though, being disappointed was probably a euphemism for being pretty damn angry.

 
 
Industry must keep green promises
Gulf Times

LONDON: Industry must follow through on climate change commitments despite a threatened economic slowdown, British Prime Minister Gordon Brown and heir to the throne Prince Charles said yesterday.

 
 
Regulator weighs credit card curbs
The Financial Times, p.7

Credit-card companies could face a clutch of new regulations to prevent "unfair or deceptive" lending, under proposals unveiled yesterday by a US banking regulator.The proposals mark the culmination of joint regulatory efforts launched last year to curb lending practices that have been criticised for accelerating the cycle of consumer default at a time when borrowers are already struggling with mortgage debt.

 
 
Suspend biofuel rules, says MPs
The Financial Times, p.3

Regulations mandating the use of biofuels must be suspended, MPs warned the government on Thursday amid mounting political alarm.Ministers have conceded they may have to rethink biofuels policy because of growing concerns about their effect on food prices and the environment.

 
 

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