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November 12, 2007


Inspiring Headlines from Today's Business News

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Marks & Spencer Green Products Help Boost Sales 40%

Brisk sales for organic foods and Fairtrade cotton fashions helped drive a 40% growth in revenue for Marks & Spencer, according to an interim sales report. Revenues from Fairtrade food and drink were up 22%, and sales of organic foods grew 43% to $81 million. Read more...

Marks & Spencer is a key player in the retail industry's drive toward more environmentally and socially responsible practices, according to a new report from research firm Covalence.



Also This Week...

Xerox Diverts 2 Billion Pounds of Waste from Landfills
Xerox Corporation says it has diverted more than 2 billion pounds of electronic waste from landfill — and saved $2 billion in the process. Read more...

Fujitsu Siemens to Give Entire Product Line a "Green Makeover"
Fujitsu Siemens has committed to making its entire product line energy-efficient — at no extra cost to consumers. Read more...

Nissan to Expand Wind Farm at U.K. Plant
Nissan Motor Co.'s Sunderland plant in the U.K. will add two more turbines to its wind farm later this year, bringing the total number of turbines on the site to eight. Read more...

Simon & Schuster Unveils Green Paper Policy
Simon & Schuster has implemented a new paper sourcing policy that will increase the amount of recycled-content fiber in its paper from 10% to 25% by 2012. Read more...

Honda to Seek LEED Gold for Two More U.S. Plants
American Honda Motor Company says it will pursue the U.S. Green Building Council's LEED Gold certification for its Acura Design Studio in Torrance, Calif., and Midwestern Consolidation Center in Troy, Ohio. Read more...

Fiji Water Aims to Take Products "Carbon Negative"
Fiji Water has pledged to reduce its carbon emissions from manufacturing by 25% and offset 120% of remaining emissions through land conservation and renewable energy projects — resulting in what the company calls a "net reduction" of carbon in the atmosphere. Read more...

Kohl's to Seek LEED Certification for 80 New Stores
Kohl’s Department Stores says it will pursue LEED certification for more than 80 locations nationwide beginning in fall 2008. The program would quadruple the number of U.S. retail locations that are currently LEED-certified. Read more...

Stop & Shop, Giant Foods to Pilot LEED for Real Estate Portfolios
The Stop & Shop Supermarket Company and its sister company, Giant Foods, have been selected to participate in the U.S. Green Building Council's pilot program for its LEED high-volume certification. Read more...

Reckitt Benckiser Targets 20% Carbon Cut Across Product Lifecycle
Reckitt Benckiser, a major manufacturer of cleaning and personal care products, has kicked off a new carbon-reduction effort that targets emissions not only from manufacturing operations but from raw materials and product use as well. Read more...

Cisco Launches Long-Term Sustainability Program in China
Cisco says it plans to invest up to $16 billion over the next three to five years to strengthen a long-term corporate strategy in China that "aligns with the country's sustainability goals." Read more...

BP Earns Top Corporate Accountability Rating
Oil giant BP is the world’s most socially and environmentally accountable company, according to this year’s Accountability Rating by international think tank AccountAbility and CSR consultancy Csrnetwork. Read more...


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It's HIP to Be Green: Driving Revenue Through Positive Human Impact

Earlier this year, the magazine FastCompany partnered with two San Francisco investment firms to fill a glaring gap in business metrics: there was no single way to measure a company's net impact on people and the planet, much less tie such a metric to financial performance. The result is the HIP Scorecard (Human Impact + Profit), a new way to look at how human impact drives innovation, shareholder value, and the bottom line. SLM sat down with Paul Herman of HIP Investor, one of the developers of the framework, to find out how companies can use this new metric to competitive advantage, and what it means for socially responsible investors. Read more...

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Michael Miller's Green Aviation Firm Takes Flight

Nationally known aviation expert Michael Miller is set to launch a new consulting company called Green Skies Inc., which will focus on helping airports, airlines, and aviation-related firms reduce their environmental impact. (Orlando Business Journal) Read more...

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