DuPont, Nissan, ADM Top "Toxic 100"
DuPont, Nissan, and Archer Daniels Midland have topped an annual list of the largest corporate air polluters in the U.S. The "Toxic 100" index. compiled by the Political Economy Research Institute (PERI) at the University of Massachusetts, rates companies based on the number and severity of chemical air releases from their industrial facilities each year. Read more...
Also This Week...
Green IT Earning a Place in Core Business Strategy, CIOs Say
One in five firms have incorporated a green IT agenda into their core business strategy, while a further third are set to roll out similar strategies within the next two years, according to a new CIO survey from Datamonitor. More than 75% of CIOs surveyed consider green IT an important element in their overall IT strategy - and 15% rate it as their top priority. 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...
HR Execs Cautioned Against "Wal-Mart Effect"
Corporate social responsibility should form the basis for human resources initiatives - because "Americans don’t care if businesses are recycling if they treat their own people like trash,” according to CSR expert Will Marre. Speaking yesterday at gathering of human resource executives in Southern California, Marre cautioned HR execs about the "Wal-Mart Effect" by which no amount of environmental do-gooding can offset negative perceptions of a company's employment practices. 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...
U.S. Manufacturers Spend $26 Billion on Pollution Reduction
The U.S. manufacturing sector spent $5.9 billion dollars on capital expenditures and $20.7 billion dollars on operating costs for pollution prevention and treatment in 2005, a new U.S. Environmental Protection Agency (EPA) survey finds. That's less than 5% of total new capital expenditures and less than 1% of total revenue for the sector, according to EPA. 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...
KT Models Green Business Push on GE's Ecomagination
Korean telecom giant KT plans to make green business one of the its key strategies for growth by 2012, Korea Times reports. The company says its decision was inspired by the success of General Electric's Ecomagination program, which is currently on track to post $20 billion in revenues from environmental technologies by 2010. 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...
To read our interview with Thomas Mooney, Fiji Water's SVP of sustainable growth, click here.
Sodexo Saves Water, Energy with New Dishwashing System
Foodservice operator Sodexo is re-outfitting its 6,000 U.S. sites with a new computer-controlled dishwashing system that maximizes operational efficiency. The Ecolab Apex technology saves water and energy by optimizing the number of dishmachine racks that must be washed at each foodservice site. Read more...
Marriott Outlines Five-Point Plan to Green Global Operations
Marriott International has outlined a sweeping five-point plan to reduce the environmental impact of its global operations, headlined by a new $2 million carbon-offset deal to preserve endangered rainforests in Brazil. The hotel chain says it aims to reduce its climate footprint, optimize resource efficiency, green the global supply chain, build greener hotels, and engage employees to take environmental action. Read more...
Business Travelers Want Hard Facts on Green Hotels
Hotels seeking to attract - or keep - business customers might consider an environmental audit sooner rather than later. At a recent travel-industry conference, executives from Fairmont Hotels and American Express said many hotels and other travel vendors are ill-equipped to answer business clients' specific questions about environmental performance, e-Travel Blackboard reports. Read more...
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Fiji Water's Thomas Mooney Talks "Carbon Negative"
Last November, Fiji Water made the bold commitment to take its bottled water “carbon negative,” earning public raves – and raspberries – depending on who’s doing the talking. In this SLM interview, Thomas Mooney, Fiji Water’s senior vice president for sustainable growth, explains how the company is planning to make good on its high-profile promise – and answers the criticism that “bottled water” and “sustainable” don’t belong in the same sentence. Read more...
Should Managers Have a Green Hippocratic Oath?
To cope with growing expectations for corporate responsibility, managers will have to become more like the learned professions of medicine and law, argue business professors Rakesh Khurana and Nitin Nohria. In this podcast, the two suggest a normative code or oath that encourages business leaders to consider the broader implications of their actions. (Harvard Business Review) Read more...
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200 Already Coming to SB'08!
New this week: Williams Sonoma, Nordstrom, Hurley, Kimberly Clark, and more! Only eight weeks to go - and SB'08 will sell out. Want a look at how the program is shaping up? Download the conference agenda here (PDF), and register today!
Eco-Advantage Salon Tour Coming to L.A.!
Come hear our own Andrew Winston, co-author of Green to Gold, talk about what's driving so much increased focus on the environmental impact of business, and how you can navigate this changing landscape successfully. Click here for more information.
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