A recent report commissioned by the WWF-World Wide Fund For Nature stated that the greenhouse gas (GHG) emissions of 2,380 companies invested in by 118 equity funds in the United Kingdom exceeds 10 billion tons globally per year. The report, analysed by Trucost and Mercer, found that since the funds analyzed own approximately 1.4% of the total market capitalization of these companies, their ownership responsibilities amount to about 134 million tons of carbon dioxide-equivalent (CO2-e) emissions annually, or 22% of total UK GHG emissions.
International philanthropic figures are set to meet in Kuala Lumpur to discuss how the global economic crisis has affected philanthropic activities and corporate social responsibility. The conference, entitled "Enhancing the Role of Philanthropy in Challenging Times", is also aimed at strengthening philanthropic initiatives to address the consequences of the crisis.
The UN Global Compact expressed broad business support for the setting up of an effective monitoring mechanism for the United Nations Convention against Corruption. At the Convention’s Conference of State Parties in Doha, Qatar, Head of Anti-Corruption Initiatives in the Global Compact Office, Olajobi Makinwa, emphasised the importance of the Global Compact as a voluntary framework for addressing Anti-Corruption in both the private and public sectors.
Coral Reef Camp in Pulau Tioman
The Department of Marine Park Malaysia (DMPM), along with various NGOs in the marine conservation field, including Reef Check Malaysia (RCM), launched the Malaysian initiative of The International Year of the Reef 2008 (IYOR 08) in 1 Utama shopping mall in February as an effort to raise public awareness on the importance of coral reefs which are found abundantly in our Malaysian coastal waters. Found in the centre of the “Coral Triangle”, which is an area recognized by scientists worldwide with the most diversity of marine life, it is important to educate the public on how we can play our part in protecting the coral reefs in our waters.
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