Newsletter – Insights for CSR Workshops – Forum China Europa


					#9 – 25th October 2010

Dear 2010 CSR Workshops Prime Movers and Participants:

Hereunder is the 9th newsletter.

Please download the 3-pages overview of the outcomes of the July CSR Workshops (new addition).

Reminder: Outcomes of all individual workshops and by themes are posted on China-Europa Forum website.

Please also visit and bookmark the dedicated page on CSR Resources of the China Europa Website.

On this page, you will find:

– All newsletters;

– Links to workshops’ specific pages with additional resources;

– The report prepared for the workshops: « CSR Frameworks in China and Europe »;

– Various other resources.

I hope you will appreciate this newsletter and remain at your disposal for any information.

All comments are welcome.

Thank you and best regards,

Joelle Brohier

NEWS

GLOBAL

UN / PRI: New research estimates the cost of environmental damage of the 3,000 world’s largest publicly-listed companies up to US$2.15 Trillion

EUROPE

Socially Responsible Investment (SRI)

European SRI Assets under Management have soared from Euro2.7 Trillion (31/12/2007) to Euro5 Trillion (31/12/2009) (Eurosif study)

Vigeo study estimates the SRI assets under management to a more modest Euros75 Billion – based on a different definition. But with a high increase too: +41% in June 2010 vs June 2009

42 per cent of the French would like to have sustainability information on financial products before making their investment decision

Carbon Emissions Reduction Target for 2020

Rift between investors and businesses on the discussed possible European Union commitment to 30% carbon emissions reduction by 2020 (vs agreed 20%):

– BusinessEurope opposes the 30%, while a coalition of 29 large companies calls for it;

– The Institutional Investors Group on Climate Change (IIGCC) stresses the need for an ambitious European carbon public policy, including this 30% target

European Institutions

European Parliament Draft Report on CSR in International Trade Agreements

European Commission launches « Innovative Union » as part of the Europe 2020 Strategy – Will provide stimuli to the private sector for innovation that results in « jobs, green growth and social progress »

Controversial decision of European Commission (EC) allows some types of mining activities on protected ecolog
ical areas if these activities follow EC newly-released guidelines

Calls for more CSR

Federation of European Environmental Organisations: Claims that some retailers like Carrefour, Tesco lack to provide legal information about some chemicals contained in the products they sell. Refers to REACH requirements

Reporting

Survey of Sustainability Reporting of Swedish State-Owned Enterprises shows progress in reporting, but much left to be done for improving Sustainability practices

CHINA

Climate Change

670,000 workers get involved in energy saving and emission reduction supervising teams

China is about to issue its first regulation on Voluntary Emissions Trade

Processes

Chengdu introduces UK Green Building Assessment System (BREEAM)

Engagement of Business Organisations

115 industrial associations promote self-discipline to carry out CSR

Award

ICBC receives the Chinese « 2010 Award for Best CSR Report in Banking and Insurance Industry »

Calls for more CSR

NGO report highlights land grabbing practices in China by middlemen acting for Stora Enso (European paper company)

Field research from SACOM – Hong Kong students’ organisation – Shows insufficient wages and violation of the law in terms of overtime at Taiwanese Foxconn’s factories in China

You receive this newsletter because you pa
rticipated in the 2010 CSR Workshops of the China-Europa Forum. If you do not want to receive this newsletter, and for any question, please send an e-mail: Joelle.brohier@rse-et-ped.info – Anakout – +65 82 82 36 17

Newsletter – Insights for CSR Workshops – Forum China Europa – #9