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Where sustainability means survival

Author: Financial Times, Published on: 13 October 2004

...the financial services sector...is having to take sustainability seriously now. Non-governmental organisations have targeted banks as the ultimate source of environmentally unfriendly projects, a plethora of sustainability indices has sprung up and institutional investors are taking note of environmental issues because they are hitting their bottom line...Banktrack, an NGO that monitors banks' investments, says [Equator Principles] signatories are still funding unsustainable projects, and that it is unclear to what extent banks are actually complying with the principles. [refers to ABN Amro, Barclays, Citigroup, Co-operative Bank & Co-operative Insurance Society (both part of Co-operative Group)]

Read the full post here

Related companies: ABN Amro Barclays Citigroup Co-operative Bank (part of Co-operative Group) Co-operative Group