Wachovia Announces Comprehensive Strategy Addressing Environmental Protection
Charlotte, NC – 26 October 2006
Strategy Includes Strong Commitments in Forest Protection and Climate Change.
Wachovia Corp. today announced a significant environmental strategy including comprehensive commitments in the areas of forest protection and climate change. The strategy encompasses several important initiatives, including a commitment to a 10 percent reduction in Wachovia’s carbon dioxide emissions by 2010.
IFC Launches New Sustainability Web Portal, Providing One-Stop Access to Its Sustainability Resources
Washington D.C. - 19 July 2006
The International Finance Corporation, the private sector arm of the World Bank Group, today launched its new Sustainability Web Portal. Responding to growing stakeholder interest, the portal connects visitors to IFC’s full range of sustainability products and services and explains the business case for sustainability – economic, financial, environmental, social, and related to corporate governance – with success stories from emerging markets.
Financial Institutions Announce Revision of Equator Principles Underscoring the Global Application of Environmental and Social Risk Management
London - 06 July 2006
The Equator Principles Financial Institutions (EPFIs) today announced the launch of the revised Equator Principles. The revision underscores how far the financial sector has progressed in embedding in the project finance arena a common set of best practices to manage social and environmental risks related to project financing.