From furniture to paper products, we all use forest products every day. And we all share a personal responsibility to protect our forests for the generations to come. Because trees provide the air we breathe, clean water to drink and resources we need to live, as well as playing an important role in combatting climate change through carbon sequestration, it’s important to do what we can to preserve forests today.
Financial players and their investors have much to gain from the shift toward greater sustainability. These investments offer a dual benefit: they lower emissions, speeding the transition to a low-carbon economy, and they can make (or save) money. People are increasingly aware of the first two pillars of sustainable investing -- risk identification and transparency. Now we need to inform them about the third: the need to drive capital toward sustainable opportunities, both at home and internationally.
As the United Nations climate change summit opened in Poland this week, delegates of almost all countries in the world are expected to set out how to implement the Paris Agreement and report the nations’ progress.
Investors have a growing role in sustainability reporting. Their actions are key to encouraging reporters to move towards disclosing what matters. They have an interest in better performance along with other stakeholders, as it brings higher returns. One way to promote that is by ensuring that the companies they invest in are transparent about the effects they have on the economy, society and the environment. The virtuous circle in which transparency reinforces good performance will result in benefits to the investors, better off societies and less damage to the environment.
Last month, Smithfield Foods, the world’s largest pork producer, pledged to install manure lagoon covers and digesters on 90 percent of its hog finishing capacity in three states. The commitment includes Smithfield’s own operations, contract farms, as well as opportunities for other integrators to join. This will help Smithfield exceed its goal of reducing supply chain greenhouse gas emissions 25 percent by 2025.
Nearly two-thirds of consumers globally (63%) prefer to buy goods and services from companies that stand for a shared purpose that reflects their personal values and beliefs, and are ditching those that don’t, according to new research from Accenture.
Petroleum is derived from plant and animal matter that has been underground, under extreme heat and pressure, for millennia, slowly becoming fossil fuel. At Domtar, we can now achieve the same result in less than a day at a pulp mill, where we break down wood into cellulose, hemicellulose, lignin and extractives — materials that are renewable and managed sustainably, without releasing sequestered CO2 into the atmosphere.
Our BioMaterials Innovation team is looking for ways to leverage our asset base, including but not limited to our mills and our biomass supply chain.
Boeing [NYSE:BA] and ELG Carbon Fibre today announced a partnership to recycle excess aerospace-grade composite material, which will be used by other companies to make products such as electronic accessories and automotive equipment.
Kelsea Ballantyne earned her MBA/MS in 2016, as part of the Erb Institute and the Tauber Institute for Global Operations. She’s now in an executive development program at Boeing, working on the 777 and 777X airplanes, and she talked with Erb about her work there.
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