Environment

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.

Corporate Responsibility

Ride with Purpose

At a glance, they seem like an odd couple. One is an on-demand ridesharing firm and the other a nonprofit committed to restoring the earth’s essential ecosystems. But connected they are thanks to an ingenious collaboration made possible by VMware. The effort — a win, win, win for all three partners — brings to life VMware’s mission to be a force for good in the world.

Corporate Responsibility

Staying the Course: Business Bolsters Sustainability Through Innovation

There is no doubt that last week’s Executive Order to repeal the Clean Power Plan sent many in the sustainability community reeling. In the midst of this chaos, companies are now either re-evaluating their strategy or re-committing to current plans. Many leaders have already voiced their opinions, from Jeff Immelt at GE to Lynn Good of Duke Energy, calling business into action and encouraging companies to assume a greater role in the fight to preserve climate change policies. In the face of a reality where government regulations have been, and will continue to be rolled back, business is increasingly filling the void and, I hope, will emerge as stewards of sustainability and climate action.

Research & Reports

General Mills Reports Progress on Global Responsibility

General Mills released its 2017 Global Responsibility Report, outlining the company’s approach to creating environmental, social and economic value in the countries where it operates. General Mills continues to make significant progress toward nutrition improvements and sustainable sourcing of their food, as well as climate and pollinator protection – all key highlights of this year’s report.

Awards & Rankings

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.

Environment

Shire Examines Packaging to Reduce Carbon Footprint

In 2016, we worked with third party partner, The Carbon Trust, on a lifecycle assessment to recertify the product carbon footprints of three different bags of Flexbumin 25% [Albumin (Human)] sold in the U.S., Europe, Latin America, and Asia. From plasma collection, to manufacturing, distribution, and end-of-life, the assessment looked at the whole product lifecycle to understand where the biggest carbon impacts arose.

AI & Technology

Emissions Reduction from Virtualisation Products: An Interview with Mornay Van Der Walt and Nicola Acutt of VMware

An IDC report, sponsored by VMware, shows how virtualisation products, namely VMware’s products, reduce carbon emissions. The report also evaluated the CO2 emissions that were avoided because of server virtualisation as well as consolidation.

Corporate Responsibility

Strength in Numbers: How Communal Property Rights Can Strengthen Sustainable Investment

Supporting policy development and pilots that strengthen land rights to improve land and natural resource management

Energy & Infrastructure

Southern California Cities Plug Into Charge Ready EV Program

Southern California Edison has launched its Charge Ready program to expand access to electric vehicle charging in its service territory, beginning with construction of the first charging stations in the cities of Lynwood and Ontario.

Energy & Infrastructure

Consumers Energy to Provide Up to 150,000 LED Bulbs to Michigan Families through Food Banks

Consumers Energy announced today that it will provide up to 150,000 high-efficiency LED bulbs to Michigan families through food banks. Consumers Energy will make the contribution as part of its “Light the Moment with ENERGY STAR Buy a Bulb, Give a Bulb” campaign, which starts Saturday and runs through April.

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