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Bank of America Announces First Year Results of 10-Year, $1.5 Trillion Community Development Lending and Investing Goal

GRI announced its 2015 and 2020 goals and launches G3.1 public comment at first day of Amsterdam Global Conference
During the Opening Plenary, GRI's Chief Executive Ernst Ligteringen outlined two goals for the next decade. Firstly, GRI proposes that environmental, social, and governance (ESG) reporting should become a general practice to help markets and society take informed and responsible decisions.

GRI advocates that by 2015 all large and medium-sized companies in OECD countries and fast-growing emerging economies should be required to report publicly on their ESG performance, or if they don't, explain why. Secondly, GRI proposes that ESG reporting and financial reporting need to converge over the coming decade. GRI advocates that a standard for integrated reporting should be defined, tested and adopted by 2020

Majority of firms will spend more on climate change, Ernst & Young report says
Nearly half of the 300 corporate executives who responded to a survey conducted for the accounting and consulting giant Ernst & Young said their climate change investments will range from 0.5 percent to more than 5 percent of revenues by 2012. While action to deal with the effects of climate change used to be a matter of public relations, it has now become an opportunity to make money through new services and products, save money through enhanced efficiency and limit risk, according to Melanie Steiner of Ernst & Young.

World Environment Center announces call for nominations for 2011 Gold Medal Award for International Corporate Achievement in Sustainable Development
The World Environment Center (WEC) is inviting nominations for the 27th WEC Gold Medal for International Corporate Achievement in Sustainable Development. The WEC Gold Medal Award is the most prestigious recognition of a global company's ongoing commitment to the field of sustainable development. Global corporations that can document innovative, well designed and implemented, and sustained contributions are eligible to participate.