Much attention has been paid to the concept that global warming will cause a dramatic drop in the value of carbon
reserves. A major shift towards non-carbon-based energy and non-carbon feedstocks for chemical processes could “strand” assets tied to oil drilling, coal mining, and fracking activities. Various groups have tried to quantify the downside risk to energy companies, if the response to climate change occurs.
However, there are other assets that climate change could strand. And, there are other sustainability trends that could result in stranding other types of assets. Both corporate managers and investors should probably examine these risks, too.
For many people, their happiest childhood memories were experienced at a community park or local playground. Parks and outdoor recreation play a significant role in early childhood development as well as the overall well-being of our eco-system. However, park care and maintenance is an ongoing effort that relies heavily on the involvement of community stewards.
At a glance, they seem like an odd couple. One is an on-demand ridesharing firm and the other a nonprofit committed to restoring the earth’s essential ecosystems. But connected they are thanks to an ingenious collaboration made possible by VMware. The effort — a win, win, win for all three partners — brings to life VMware’s mission to be a force for good in the world.
Decision makers from business, industry and government today are seeking integrated energy solutions — solutions which assure both a secure and affordable energy supply to meet today's and tomorrow's needs, and effective management of energy and overall operational costs. At GlobalCon this week, we’re sharing how companies can meet these goals in an era where renewables seem to be the go-to solution for many.
Sustainability means everything to us. It is our approach to business. The philosophy extends beyond our energy mix, power generation and distribution.
There is no doubt that last week’s Executive Order to repeal the Clean Power Plan sent many in the sustainability community reeling. In the midst of this chaos, companies are now either re-evaluating their strategy or re-committing to current plans. Many leaders have already voiced their opinions, from Jeff Immelt at GE to Lynn Good of Duke Energy, calling business into action and encouraging companies to assume a greater role in the fight to preserve climate change policies. In the face of a reality where government regulations have been, and will continue to be rolled back, business is increasingly filling the void and, I hope, will emerge as stewards of sustainability and climate action.
General Mills released its 2017 Global Responsibility Report, outlining the company’s approach to creating environmental, social and economic value in the countries where it operates. General Mills continues to make significant progress toward nutrition improvements and sustainable sourcing of their food, as well as climate and pollinator protection – all key highlights of this year’s report.
By Erin Vaughan, Modernize.com (Reprinted with permission by SCS Global Services)
If you buy a product that claims to include “50 percent more recycled material,” how do you know how much “50 percent more” really is? Did the manufacturer go from 20 percent post-consumer materials to 40 in its newest offerings? Or is the manufacturer simply obscuring the fact that its recycled content increased from just one percent to two? Herein lies the problem with unverified advertising claims.
The word for it is greenwashing, the corporate practice of touting vague or misleading environmental claims for a product. Greenwashing is nothing new—the idea has been floating around since the late 1980s since green marketing claims emerged as a major force in the marketplace.
Cargill’s cocoa sustainability program aims to deliver sector-wide transformation in the world’s second biggest cocoa producing region. It’s a strategy aligned to the government of Ghana’s plans to reinvigorate the economy.
In March, Sands Bethlehem hosted its first Sustainable Foods Workshop in conjunction with Las Vegas Sands’ Global Sustainability Program. Six major food and beverage suppliers participated by discussing their company sustainability practices, while providing insight during a roundtable discussion on a myriad of sustainability topics, including trends they’re seeing and challenges they are experiencing.
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