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October 16, 2007 
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Six Steps to Strategic Climate Management
Harvard Business Review's "Forethought Special Report" (PDF) on climate change, published this month, bypasses the business case for climate management and proceeds directly to "If you're not at the table, you're on the menu." Leading off with an article on thinking strategically (distilled into six basic steps by Toronto's Globe and Mail), the 17-page review offers forecasts on key topics including emissions regulation, reputational risk, corporate transparency, and clean energy markets. Includes a look at best practices by global re-insurer Swiss Re.
Also This Week... U.S. Treasury Secretary Meets with CEOs on Climate Change U.S. Treasury Secretary Henry Paulson has met with PG&E chief executive officer Peter Darbee and other U.S. CEOs who support a mandatory "cap and trade" program to reduce greenhouse emissions. Read more... Wal-Mart Saves $1 Million with "Two-Thirds" Lighting Wal-Mart saved 4,500 tons of carbon emissions and more than $1 million in electricity costs this summer simply by turning down the lights in its stores. Read more... Steel Industry to Collect Global Climate Data The world steel industry has agreed to a global approach on climate change with voluntary collection of pollution data. Read more... U.K. Wants Airlines to Fly Fuller Planes The British government is pushing for a per-plane "green" tax to encourage airlines to fill their planes to capacity. Read more... Toshiba Medical Systems to Shift Entire Delivery Fleet to Hybrid Toshiba America Medical Systems (TAMS) has announced plans to replace the company’s entire fleet of sedans for its sales and service teams with hybrid cars over the next three years. Read more... Miller Brewing Saves Fuel, Cuts Greenhouse Emissions Per Barrel Miller Brewing Co. has cut fuel consumption by 6% and and greenhouse gas emissions by 10% per barrel of beer, according to the company's first-ever sustainability report. Read more... P&G, Unilever, Others Form Coalition to Press Suppliers for Emissions Data 
Global manufacturers including Procter & Gamble, Unilever, Tesco, and Nestlé have banded together to press suppliers to release their carbon emissions data. Read more...
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Does Carbon Trading Really Help Solve Climate Change? 
Like the ongoing debate over the meaning of climate change data, emissions trading schemes continue to spark heated debate among key players in business and government. Is carbon trading the best mechanism for reducing emissions or a devil’s bargain that steers profits to polluters? That depends on who you talk to. This article from SocialFunds offers a good snapshot of who's saying what and why.
Mark Your Calendar! 
Sustainability consulting firm Natural Logic will present a four-part webinar series "Coming to Grips with Carbon: How to Measure and Reduce Your Footprint." The online events, to be held on Oct. 18 and 25, and Nov. 1 and 8, will provide business leaders with practical guidance from leading practitioners on the key issues related to carbon management.
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This work is licensed under a CreativeCommons License. Copyright Sustainable Life Media Inc. 2007
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