Green Is Good For Business

SpheresCompanies like General Electric and DuPont use sustainable practices to reshape their supply chain management, while Nike and Wal-Mart focus their environmental efforts on one of the most widely traded resources in the world.

Nature provides perhaps the best model for new forms of capitalism. Trees are able to take moisture out of the air and pump it back into the soil. Corporations need to be able to do the same. They must be profitable while at the same time delivering strong returns to shareholders and still promoting the health of people and the planet.

AMD on Climate Goal Successes, Risks

AMD discusses how they surpassed recent climate protection goals to decrease greenhouse gas emissions by 40 percent as well as their new, loftier goals.

Advanced Micro Devices (AMD), an industry leader in implementing and promoting energy efficiency strategies and ranked No. 2 on CRO’s 100 Best Corporate Citizens 2007 list, recently announced that it has surpassed its “2004 Climate Protection Plan” goals of reducing greenhouse gas emissions by 40 percent and has released a new set of goals for 2010. In its 2007 “Global Climate Protection Plan” report released July 24, AMD faces the challenge of meeting these new goals as it undergoes a manufacturing model transformation and a recent merger with ATI.

To Offset or Not?

carbonSurrounded by media hype and spawning numerous criticisms of the practice as an indulgence of the elite, carbon offsets are nonetheless becoming an item on the agenda for a number of companies interested in reducing their environmental impact. From media companies to the manufacturing industry to IT, corporations are trying their hand in the murky market of carbon offsets.

In an effort to clear the haze surrounding the issue, CRO examines some of the criticisms and challenges facing this newly evolving market, the experiences of corporations that are just starting out as well as the veterans, and the questions companies address when considering an offset venture.

Celebrating 20 Years of Sustainability

Public education, supply chain management and long-term value were on the agenda for companies at the Rainforest Alliance 20th Anniversary Gala.

Nonprofit international conservation organization the Rainforest Alliance celebrated its 20th anniversary on May 16, with an awards gala honoring companies that have integrated environmental and social sustainability into their businesses. From the early integration of eight-year-old natural drink start-up Innocent to the long-standing initiatives of Chiquita, sustainability was the topic of the panel discussion of the winners and co-chairs.

The Evolution of the Sustainability Report

The announcement this April 12 of the Ceres-ACCA 6th Annual Sustainability Reporting Awards brings to light the growing attention to sustainability reporting. In this feature CRO addresses the current trends, continuing challenges and future of the reporting process.

Twenty years after the challenge of sustainability squeezed its way onto a crowded global agenda through the 1987 Brundtland Commission Report, “Our Common Future,” corporate reporting on this complex bundle of issues seems to have become mainstream among leading multinational firms.

Think Global, Legislate Local

Emboldened states and cities are taking action on a range of issues.

In an unlikely alliance between a foreign country and a U.S. state, U.K. Prime Minister Tony Blair aligned with California Governor Arnold Schwarzenegger in late July to develop an international system for purchasing and selling carbon dioxide emissions.

Measuring Sustainability

GlobeGRI launches “user friendly” revisions to its reporting guidelines.

The challenges and opportunities of sustainability reporting were top of the agenda in Amsterdam in early October, with hundreds of corporate, government and non-governmental organization (NGO) executives scheduled to hear former U.S. Vice President Al Gore and other international notables mark the long-awaited launch of the latest Global Reporting Initiative (GRI) guidelines.

TXU Takeover: New Owners and New Environmental Policies?

What could be the largest private equity deal in history includes a pledge to clean up the company’s environmental policies.

On Sunday, Feb. 25, a private equity consortium announced a $45 billion bid for Texas utility company TXU Corp. Included in the proposed buyout are plans to increase environmental measures, abandon the building of eight of 11 new coal plants, and cut TXU’s carbon-dioxide emissions to 1990 levels by 2020.

Failing Report Card

Survey finds largest U.S. companies doing “poor job” disclosing climate change risks.

Arguing that the nation’s publicly-held companies “should elevate climate change as a corporate priority and communicate openly with investors about their strategies and responses,” the environmental network group Ceres and the socially responsible mutual fund company Calvert released a report harshly critical of climate change disclosure at most top-tier companies.