Risk Management

94% of CFOs "Concerned" About Company's Negative Eco-Impact

July 15, 2008 - The vast majority of senior finance professionals agree that their company has much to lose from failing to adequately address environmental issues - but only half say their firm is doing a good job of mitigating that risk, according to a new survey.

JohnsonDiversey Beats Greener-Cleaner Deadline by Two Years

July 11, 2008 - JohnsonDiversey, the maker of industrial cleaning products, has removed air-polluting ingredients from its floor care line two full years ahead of the deadline set by the California Air Resources Board (CARB).

Report: Companies' Eco-Risk Plans Hazy, Slapdash

June 3, 2008 - Companies see the need to more effectively manage environmental risk, but an uncertain regulatory future is keeping most from getting their act together, says a new report from the Economist Intelligence Unit.

Changing Weather Must Precipitate New Business Models, Execs Say

May 6, 2008 - Some 82% of senior finance and risk managers believe global climate change will require changes to their business models in the years ahead - but few are equipped to adapt, according to a new survey.

96% of Global Suppliers See Climate Regs As Potential Risk

May 1, 2008 - In an overwhelming majority, suppliers to major corporations including Nestle, PepsiCo, Procter & Gamble, and Unilever say looming regulations on greenhouse gas emissions pose significant risk to their business, according to initial findings from a new global survey.

Movie Studios Eye Standards for Green DVD Packaging

computerApril 7, 2008 - With Wal-Mart's Packaging Scorecard in effect and tighter U.S. environmental regulations around the corner, some movie studio execs say it's time the industry worked together to develop more resource-efficient, cost-effective packaging for DVDs. At last week's Green Media Summit in Los Angeles, representatives from Disney, Warner Bros, Universal, and Fox, among others, discussed the opportunities and challenges of designing a greener DVD case, Video Business reports.

Companies, Beware of "Radical Greening"

April 4, 2008 - "Radical greening" - an ill-considered corporate response to consumer, regulatory, and economic pressures to go green - is one of the top ten challenges facing business today, according to "Strategic Business Risk 2008," a new report from Ernst & Young. Move too quickly and you could paint yourself into a corner, the report suggests; move too slowly and you'll be left in the dust.

Patagonia Microsite Chronicles Products' Eco-Impact

March 24, 2008 - Patagonia is tracking the environmental impact of select products from design to distribution, posting the results - for better or worse - on a microsite dedicated to the subject, Fast Company reports. The most surprising findings? Product shipping accounts for just 1% of supply chain energy use, while actual manufacturing sucks up considerably more energy than originally assumed.

Travelers Enhances Coverage for Green Commercial Properties

March 18, 2008 - Travelers has expanded its insurance coverage for mid-sized businesses that own commercial real estate. The company's enhanced Deluxe Property Coverage promotes the use of environmentally friendly building materials as replacement components following a covered loss.

Hummer, Lamborghini Unveil Greener Car Models

March 10, 2008 - Conscious of tougher fuel-efficiency standards, Lamborghini and Hummer are trying get in on the environmental act. The sportscar maker and the military muscle-car manufacturer both unveiled green concept vehicles at the Geneva Auto Show last week, Reuters reports.

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