More companies, cities and regional governments than ever are managing to reduce their carbon footprints while strengthening operational performance, shows a new edition of the report Carbon Down Profits Up released today. In many cases these organisations have made significant cost savings as a result of their actions...

Dr. Steve Howard, CEO of The Climate Group - an organisation dedicated to advancing business and government leadership on climate change - will facilitate a business leader panel featuring Jim Rogers (CEO, Duke/Cinergy), Roger Ferguson (Chairman, Swiss Re America Holding), Sir Richard Branson (CEO, Virgin), Joe Pettus (Senior Vice President, Fuel & Energy Operations, Safeway) and Rick Lazio (Government Relations, JP Morgan)...

An independent Steering Committee (SC) has been established and we are aiming to launch the final VCS around the middle of 2007...

The new global science and technology prize - The Virgin Earth Challenge - will award $25 million for a commercially-viable design which will result in the net removal of atmospheric GHGs.....

"The IPCC report illustrates that the challenge is both enormous and more urgent than many previously envisioned," said Dr. Steve Howard, CEO, The Climate Group. "The silver lining, however, is that innovative and effective solutions are here, if we're courageous enough to embrace them."

Climate Group member InterfaceFLOR has launched a new report warning that companies rushing to claim sustainable business practices need to back up their commitments with investment...