Remove 2019 Remove Ethics Remove Law
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FirstEnergy Ousts CEO Amid $61M Bribery Investigation Scandal

GreenTechMedia

The law directs more than $1 billion in state subsidies to nuclear power plants owned by former FirstEnergy subsidiary FirstEnergy Solutions. Attorney’s Office of the Southern District of Ohio, which stated that Householder had 84 phone contacts with FirstEnergy’s CEO from February 2017 to July 2019.

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The Business Roundtable’s statement of purpose, one year on

GreenBiz

Moreover, under the laws of the state of Delaware, where 60 percent of Fortune 500 companies (and many smaller ones, including GreenBiz Group) are registered, corporate directors still have a fiduciary duty to act in the best interests of shareholders. But their 2019 statement is unlikely to lead us in that direction.

Politics 316
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FirstEnergy CEO Defends Utility Amid Bribery Scandal Questions

GreenTechMedia

Jones opened Friday’s call by stating that “at no time does our support for nuclear plants in Ohio interfere or supersede our ethical obligations to conduct our business properly. The affidavit filed by the U.S. Friday’s earnings report yielded no discernible uptick, with shares trading at about $29 as of mid-Monday trading.

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Texas Oil Regulators Profit from the Companies They Oversee

DeSmogBlog

Vague ethics laws, lack of enforcement, and a campaign finance system soaked in fossil fuel cash all combine to make the Texas Railroad Commission a “captive agency,” argue Commission Shift and Texans for Public Justice, two watchdog groups, in their new report. The laws are vaguely defined and that is being exploited.”.

Ethics 98
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FirstEnergy’s Carbon-Reduction Pledge Lacks Clear Path to Cutting Coal Use

GreenTechMedia

But its target for exiting coal “by 2050 or earlier” provides little guidance on how this will play a part in reaching its 2030 goal of cutting emissions by 30 percent from 2019 levels. The law also directs state ratepayer funds to support two coal-fired power plants operated by Ohio Valley Electric Corp.

Carbon 130
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When is a vegan product not really vegan? Retailers warned over risk of inadvertently false claims

Business Green

Veganism is a growing trend in the UK, with the number of vegans doubling between 2015 and 2019, the BRC said. The move comes amidst warnings from some legal experts that companies and employers could face some legal risks if they do not account for employees and customers ethical veganism.

Retail 67
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Corporate Social Responsibility and Sustainability: What’s the Difference?

Green Business Bureau

In 2019, the Governance Accountability Institute (G&A) announced that 90% of large companies (S&P 500 Index) published sustainability and responsibility reports. Both corporate sustainability and CSR help companies run in a way that allows them to be ethically profitable, but never at the expense of others. The benefits of CSR.