The concept of a triple bottom line, where social and environmental factors are considered along with economic ones, is also getting a lot of attention. Is this another business fad? I don’t think so.
Although the U.K.’s 100 largest companies are making headway toward the country’s climate change goals as a whole, its most carbon-intensive industries are lagging with emissions reduction targets that fall short of national goals.
This research evaluates how UK FTSE 100 companies’ emission reduction targets compare against the national target and utilizes the Carbon Disclosure Project (CDP) 2009 dataset to analyze how companies are currently setting emissions reduction targets and what level of reduction these targets will deliver.
The year 2009 was a terrible year for Detroit, the worst in three decades. Americans bought 10.4 million cars — 21 percent fewer than in 2008 and a whopping 40 percent fewer than the 17 million or so cars and light trucks sold, on average, in the early 2000s.
The U.S. Labor Department’s release this week of $100 million in Recovery Act funds for green job training includes a nearly $3 million grant to New York City’s innovative energy efficiency education program for building superintendents.
Coca-Cola’s glittering billboard, a fixture in downtown San Francisco for more than 70 years, has been replaced with a state-of-the-art LED display that’s 80 percent more energy efficient while retaining the classic look of the world-renown logo.
The report highlights specific best practices that asset managers are using to incorporate climate risks into their due diligence, corporate governance and portfolio valuation. It also outlines questions that institutional investors can be asking asset managers — in requests for proposals (RFPs) and in annual performance reviews – to better ensure that managers are giving climate change risks and opportunities the attention they deserve.
Lime Energy has received three contracts, worth up to $28.5 million, to improve the energy efficiency of United States Postal Service buildings along the East Coast.
Investment portfolios around the world are filled with "hidden risks" because their managers do not consider climate change when making investment decisions — largely because asset owners aren’t asking them to.
We know that recommendations coming from Copenhagen will likely take years to have practical effect. Meantime, companies are working to develop their roles in this new era. Shell’s climate change advisor David Hone shares his ideas in this Q&A.
