Maria is estimated to have cost $90 billion in damages, which means its impact will be felt for a long time yet to come. Puerto Ricans won’t forget Maria for decades, if ever.
Consider these three recent developments: California emerged from drought in April 2017, fewer companies reported impacts associated with water scarcity, and the average freshwater intensity of companies in the MSCI ACWI Index dropped by 15 percent between 2015 and 2016. While these are positive short term signals for investors concerned with water scarcity, 2017 was also the most costly in U.S. history for natural disasters.
CECP has been known for measurement since its founding, with our dataset starting back in 2001 and Giving in Numbers almost to its 15th anniversary. While our companies’ questions drive CECP’s work more than anything, across our team we also keep a pulse on new product offerings or studies to find opportunities to play match-maker between a company challenge and another organization’s solution (if not ours).
The Tropical Landscapes Finance Facility (TLFF) today announced its inaugural transaction, a landmark US$ 95 million Sustainability Bond to help finance a sustainable natural rubber plantation on heavily degraded land in two provinces in Indonesia. The project incorporates extensive social and environmental objectives and safeguards. Planted areas will serve as a buffer zone to protect a threatened national park from encroachment.
Access to wood fuels for cooking must be considered when formulating policy to deal with food insecurity in sub-Saharan Africa, according to researchers who advocate expanding the effort to improve wood-fuel systems and make them more sustainable.
Domtar Corporation today announced improvements to its award-winning supply chain transparency tool, The Paper Trail® (www.domtarpapertrail.com), offering customers a deeper look into the company’s products and the people and places behind their manufacture.
Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the U.S. Agency for International Development (USAID) has awarded the Company a $32 million, single-award contract to expand the delivery of water, sanitation, and hygiene (WASH) services in Uganda. Under the five-year Uganda Sanitation for Health Activity contract, Tetra Tech will provide technical services to increase household access to sanitation and water services and improve health through evidence-based behavior change campaigns in homes, schools, and health facilities.
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest leisure travel company, today announced it has signed a shipbuilding contract for a third next-generation cruise ship for its rapidly growing AIDA Cruises brand, the leading cruise line in Germany, which is the largest and fastest-growing cruise market in Europe.
Trucks filled with dense pulp and paper sometimes struggle with weight restrictions. Lighter personal care products often have the opposite problem, completely filling the trailer despite rules that allow more weight. Learn how Domtar's commitment to sustainability touches every corner of the business, including the open road.
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