EPA-industry program helps companies such as Canon U.S.A. collect and track emissions data from third-party freight carriers
By Stephen Petit
When a more sustainable freight supply chain is a corporate objective, the first step is to look at areas you directly control. Distribution center locations. Packaging. The modes of transportation you use.
The bigger challenge, says Meredith Wieta, manager of planning and environment for the logistics division of canon U.S.A. Inc., is managing what you don’t directly control: the contract carriers hauling your freight.
Trucking, rail, intermodal, and shipping companies are private businesses with their own systems and standards for measuring CO2 emissions and fuel consumption, Wieta told an audience at the COMMIT!Forum in October. How can you make sure you and your suppliers are on the same page when it comes to measuring, managing, and sharing this information?
For Canon and some 3,000 other companies, the answer involves the SmartWay Transport Partnership, a voluntary program that gives executives, customers, shareholders, and other stakeholders a trusted source of data they can use to measure the environmental impact of their freight supply chain.
Is a drop in carbon emissions worth the risk?
By Nick Sorrentino
Future 500 was pleased to convene a panel at this year’s COMMIT!Forum entitled Groundbreaking: The Risks and Opportunities of Hydraulic Fracturing.
Hydraulic fracturing is the breaking up of rock through the use of pressurized liquid. Although fractures can happen naturally, induced hydraulic fracturing or hydrofracturing (commonly known as fracking) is a technique in which water is mixed with sand and chemicals, and the mixture is injected at high pressure into a wellbore to create small fractures (we’re talking less than one millimeter), along which gas and brine water can migrate to the well.
As director of political outreach for Future 500, I had succeeded in drawing together an experienced assemblage of thought leaders: Tisha Conoly Schuller, president & chief executive officer of the Colorado Oil & Gas Association, Dr. Richard Liroff, founder and executive director of the Investor Environmental Health Network, and Alan Krupnick, senior fellow and director of the Center for Energy Economics and Policy at Resources for the Future.
Some resources require management—others require stewardship.
By Tom Carnac and Christina Copeland
November 18, 2013 marked the launch of Carbon Disclosure Project’s annual U.S. Water Report. Formally supported by 530 institutional investors representing $57 trillion in assets, it analyzes the water disclosures of 148
S&P 500 companies that responded to the CDP water questionnaire this year. The launch event in San Francisco with lead sponsor Deloitte Consulting LLP featured speakers from the investment and corporate worlds who explored the opportunities that exist from developing a holistic stewardship response to water challenges.
And what are the water challenges currently faced by U.S. corporations? The persistent drought in the U.S. has highlighted the essential role water serves in the economy as a key resource in agriculture, energy production, and manufacturing.
When nobody owns their environmental impacts, everyone loses.
By Robert F. Kennedy Jr.
When I decided to dedicate my life to protecting the environment through groups like Riverkeeper, NRDC, and the Waterkeeper Alliance, I considered recycling a small and slightly boring part of the solution. But the products and packages we consume cause 44 percent of America’s greenhouse gas emissions, according to EPA data analyzed by the Product Policy Institute. And the potential to adopt a rational, free market-based solution may provide the lowest cost bulwark against global warming with the highest potential for jobs generation and for quickly jump-starting American prosperity.
You see, America’s waste issues are rooted mainly in America’s irrational and rather un-American practice of subsidizing waste disposal. Riding happily on this gravy train of corporate socialism, most of the nation’s top consumer product giants have so far refused to acknowledge their responsibility or expressed any willingness to pony up.
Many companies are not disclosing one huge material risk.
By Mindy S. Lubber
If you were responsible for a $36 billion investment portfolio, you’d want as much information as possible. So does Nancy Kopp.
As Maryland’s state treasurer, Kopp chairs the Maryland State Retirement and Pension System Board, which oversees the state’s $36 billion dollar pension fund. The trouble, Kopp says, is that many companies don’t fully disclose a key material risk hovering over their future performance: climate change. Without robust corporate disclosure, the state’s investment managers can’t truly know how risky their investments are.
Kopp’s predicament is not unique. This current lack of information should worry hundreds of other major fiduciaries around the country like Kopp. Her dilemma is theirs, too.
For those who think climate change is a sector-specific risk, think again.
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