(Photo from the CBC)

It's not all about bashing the bad guys here at Audeamus. From Zee News, a story about Reliance Industries becoming the first Indian oil and gas company to be recognized by the UN Environmental Programme for CSR.

The recognition in the form of "in accordance" status from the global reporting initiative, a collaborating centre for UNEP, is for the maiden report of the Mukesh Ambani-led Reliance Group's flagship company highlighting financial performance to social and civic responsibilities.

"We strive to keep focused on understanding the needs of communities, conserving natural resources and preserving ecological equilibrium.

"We have demonstrated world class operating and financial discipline, an integrated and balanced portfolio of assets, a well defined and sustainable growth plan and expanded access of great opportunities. And we continue to deliver on our promises to create superior shareholder value," Ambani said in his statement in the report.

Terming the company as a global leader, Ambani said: "we are equally concerned about the society we live in and our environment." The group's philosophy was to pursue business that would trigger high growth and promote sustainable development.

In other energy news ...

*Nigeria's Obasanjo lauds Niger Delta governor for strides in power and peace.

*At WorldWire, Gates Corporation unveils solutions for increasing fuel efficiency and reducing emissions.

*At WorldWatch, the unsustainable use of coal for energy.

*Ford Motor Company looks towards integrating sustainability into all aspects of its business strategy.

*From the G8 meetings recently, oil, nuclear and renwables head list of energy goals. Probably not fast enough on the latter. However, there was a commitment on 'open and transparent' energy markets.

*At Social Funds, World Resources Institute and Citigroup team up to report on solutions to climate change.