More Stranded Assets

Much attention has been paid to the concept that global warming will cause a dramatic drop in the value of carbon
reserves. A major shift towards non-carbon-based energy and non-carbon feedstocks for chemical processes could “strand” assets tied to oil drilling, coal mining, and fracking activities. Various groups have tried to quantify the downside risk to energy companies, if the response to climate change occurs.

However, there are other assets that climate change could strand. And, there are other sustainability trends that could result in stranding other types of assets. Both corporate managers and investors should probably examine these risks, too.

De Beers’ New Diamond Mine Picks up its Third Award

De Beers’ Gahcho Kué mine, which has just begun full commercial production, has won its third major award.

Etsy Global Headquarters Achieves Living Building Challenge Petal Certification

Etsy envisioned its new global headquarters as an opportunity to instigate change, to set a new standard for sustainable construction and design in a renovation project, and to create a space that reflected its values, especially those related to community, craft, and sustainability.

Anti-Defamation League Honors AEG’s Martha Saucedo, Executive Vice President, External Affairs

Martha Saucedo, AEG’s Executive Vice President of External Affairs, was honored by the Anti-Defamation League (ADL) at the 22nd Annual Deborah Awards in Los Angeles.

GM Earns ENERGY STAR® Award for Environmental Leadership

General Motors earned the 2017 EPA ENERGY STAR® Partner of the Year — Sustained Excellence award for continued leadership in protecting the environment through superior energy efficiency. GM’s commitment to reducing energy intensity saved $73 million in energy costs last year and avoided 388,000 metric tons of carbon emissions, equivalent to the electricity use of 57,000 U.S. homes.

Sisters Recycle Crayons to Inspire Passion for the Arts

What started as a small project in their kitchen has now grown and expanded into their garage. To date, they have made and donated 15,000 crayons and are expanding with local partnerships like their local Boys & Girls Club and different schools in the area.

Bristol-Myers Squibb Earns ENERGY STAR® Partner of the Year Award for Third Consecutive Year

NEW YORK, April 10, 2017 /3BL Media/ – For the third consecutive year, the U.S Environmental Protection Agency (EPA) recognizes Bristol-Myers Squibb Company (NYSE: BMY) with an ENERGY STAR® Partner of the Year Award for outstanding efforts to improve the energy efficiency of facilities worldwide. The award reaffirms Bristol-Myers Squibb’s commitment being a good global citizen through driving sustainable and impactful improvements in energy performance across all of our sites worldwide, resulting in energy reductions, avoided costs and lowered emissions.

Whirlpool Corporation Receives 2017 ENERGY STAR® Partner of the Year Award from EPA

The U.S. Environmental Protection Agency (EPA) has recognized Whirlpool Corporation with the 2017 ENERGY STAR® Partner of the Year Award for Sustained Excellence. Whirlpool Corporation received the award for manufacturing energy-efficient kitchen and laundry appliances that make outstanding contributions to reducing greenhouse gas emissions.

BLOG: When It Rains...

I do feel like I get bragging rights to tell you about the amazing awards MetLife Foundation's thought leadership platform, Multipliers of Prosperity, has recently won.

Finding Your Reason to Serve

I always appreciated those who gave their time to serve their communities but I didn’t realize how much their impact mattered until I found my reason to serve.

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