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April 15, 2008 
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Finally, Transparency in U.S. Corporate Climate Strategy
Will there ever come a day when U.S. automakers are viewed as leaders in responding to climate change? Ford, under pressure from shareholders, has opted to reveal a detailed climate action plan -- and in the process may have inadvertently kickstarted some progress in that direction.
For years we have watched U.S. companies respond (or not) to shareholder resolutions regarding climate change. But here's the key: No longer content asking what companies will do, shareholder groups are now asking how those companies will achieve their stated goals. Ford's decision to bow to such pressure indicates the full extent to which companies are being pushed beyond vague commitments to enact real and lasting change. At the risk of being left behind, the other U.S. automakers will likely be following Ford’s lead. Perhaps this collective move toward greater transparency will induce them to take a more proactive approach in the future. After all, the world will be watching. ~Will Sarni, SLM Advisor What do you think? Post Your Comment Here! This Week's Top Stories... Beverage Industry to Get Carbon Footprint Label 
The new Carbon Action Plan (CAP), unveiled at an industry conference last week, offers a standardized protocol for the measurement and independent verification of greenhouse gas emissions across the entire supply chain. The program will eventually create a "nutrition-style" product label for green performance in the areas of energy use, packaging material, water use, emissions reduction, and carbon offsets. Read more...
New ProLogis Warehouse Has Lowest Carbon Footprint in Europe 
Warehouse developer ProLogis has completed a distribution center for U.K. retailer Sainsbury's that has the lowest carbon footprint of any such facility in Europe, according to the company's latest annual sustainability report. The 624,000-square-foot distribution facility in Northampton, completed in October, exceeds U.K. green-building regulations by 40%. Read more...
McDonald's Waste-to-Energy Project Cuts Restaurant Emissions 54% 
A McDonald's pilot project to generate electricity from restaurant waste is cutting carbon emissions from waste disposal by 54%. Eleven McDonald's restaurants in the U.K. are participating in the project, which will save each restaurant from sending 100 metric tons of waste to landfill each year and help to provide heat for 130 public buildings nearby, McDonald's says. Read more...
International Shipping Group Mulls Costly Carbon Tax 
The International Maritime Organization (IMO), a U.N. regulatory body, may place a tax on marine fuel as early as next year in a bid to reduce greenhouse gas emissions from the shipping industry, Reuters reports. IMO estimates that global shipping released 1.12 billion metric tons of carbon dioxide in the atmosphere last year and may increase 30% by 2020. Read more...
International Business Leaders Target U.N. Climate Conference 
A group of high-profile business leaders including Virgin founder Sir Richard Branson, Intel VP William Swope, and Li Xiaolin, president of China Power, have banded together in advance of next year's U.N. climate conference in Copenhagen, Denmark. The newly formed Copenhagen Climate Council aims to promote a global regulatory environment that will enable business to find innovative solutions to the climate challenge. Read more...
Ford Outlines Climate Plan, Silences Critics 
Ford has revealed to investors exactly how it plans to reach its stated goal of reducing greenhouse gas emissions from its new vehicle fleet by at least 30% by 2020. The decision to publish the emissions-reduction plan came in response to a series of climate-related shareholder resolutions filed by institutional investor groups, which have since been withdrawn. Read more...
Fiji Water to Disclose Product's Carbon Footprint on New Website 
Fiji Water has unleashed a major communications effort to disclose the carbon footprint of its products from sourcing to production to distribution. The company has created a dedicated green website where consumers will have access to lifecycle emissions data for its bottled water. Read more...
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