World Bank Highlights $1.6 Trillion Clean-Tech Market Opportunity for SMEs

by Vikas Vij

SOURCE: Justmeans

DESCRIPTION:

Small and medium-sized enterprises (SMEs) are a major driver of economic development and job creation, particularly in the developing countries. In comparison to other business sectors, jobs in the clean technology sector are relatively safer, better paid and involve higher skills. Governments as well as private business organizations must turn a strategic focus on the clean-tech sector to realize its full growth potential.

A new World Bank report titled, “Building Competitive Green Industries: the Climate and Clean Technology Opportunity for Developing Countries,” points out that a vast market opportunity to the tune of $1.6 trillion is waiting to be seized in clean technology in the developing countries. According to the report, China with a potential market size of $415 billion, Latin America with $349 billion, and Africa with $235 billion are the largest markets for SMEs in clean technology.

To continue reading, click here

Image Credit: Flickr via UCL Mathematical and Physical Sciences

Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of “The Power of Money” (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations “Decisions for Life” run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management. 

Tweet me: New #blog on @Justmeans http://bit.ly/1wUj8P5 – report from @WorldBank highlights $1.6 trillion opportunity in #CleanTech market

KEYWORDS: Philanthropy, Sustainable Enterprises, World Bank, Small and medium-sized enterprises (SMEs), Building Competitive Green Industries: the Climate and Clean Technology Opportunity for Developing Countries

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RSF Social Finance Blog: A Celebration of Giving – Part 2

SOURCE: RSF Social Finance

DESCRIPTION:

Click here to see the first story in this series

by Kelley Buhles

As RSF Social Finance celebrates its 30th anniversary, we feel deep gratitude for all the supportive relationships that have nurtured, inspired, and challenged RSF to expand and deepen how it goes about transforming the way the world works with money and that are bringing associative economic principles into daily practice.

Over the next few months we will be posting a series of stories about some key catalytic gifts and givers who saw potential within RSF, seeded future possibilities, and in turn, have become part of our destiny.

A Prophetic Gift

Voices of the prophets have been heard in most cultures throughout human history. They are traditionally seen as harbingers if not agents of change. In 2002, RSF received a prophetic gift from an anonymous donor that would eventually transform the way we work with lending.

Prior to this gift, RSF was making loans solely to non-profit organizations. At that time, the field of social finance was nascent and there were few models for how to work with money in alignment with social and environmental values. Through dialogue with RSF’s community of clients and partners, the idea emerged to expand our work to begin lending to mission-aligned for-profit businesses.

However, RSF’s ability to lend relies on the investments we receive from the RSF community. Because most of our individual investors don’t have the risk tolerance necessary to experiment with lending to an emerging field of borrowers, RSF was not able to experiment with this idea without a source of capital beyond the Social Investment Fund.

Fortunately, one of RSF’s donors was inspired by the idea and decided to make a gift of $2.5M to guarantee loans to mission-aligned for-profit businesses, thereby allowing RSF to gain experience lending in this new way. This initiative was called the Fair Economies Program.

The Fair Economies Program provided financing to businesses in emerging industries that were environmentally restorative while providing fair working wages, humane working conditions, and supporting self-determination in economic development. An additional goal was to support these social enterprises in underserved regions.

The program was developed both to provide early-stage socially responsible enterprises access to low-cost capital, and to demonstrate that enterprises created for social and environmental benefit could be sustainable and provide value to the communities they served.

Through this program RSF was able to contribute to the growth of many successful businesses such as Organic Bouquet, Indigenous Designs, and Root Capital.

Another gift RSF received was experience—both the experience of lending to organizations in fields that we previously hadn’t worked in, and of using new and different types of financing. The Fair Economies Program provided bridge loans, term loans, convertible loans, purchase order financing loans, and working capital loans, most of which had not previously been provided by RSF. We also gained experience working in sustainable agriculture, independent media, and fair trade, whereas our previous experience was mostly working with Waldorf Schools and other organizations inspired by the work of Rudolf Steiner.

Additionally, through our dealing with projects in need of early stage financing, RSF provided necessary technical assistance and client attention while supporting some of the companies through challenging situations. While not all of the projects funded by the Fair Economies Program were successful, the lessons RSF learned from it were documented, reflected upon, shared, and eventually fed back into our operations, thereby making RSF a more knowledgeable and experienced lending partner to mission-aligned, for-profit businesses .

The donor and the gift that facilitated the creation of the Fair Economies Program inspired and ultimately provided the experience necessary to create our for-profit lending program as it is today – standing at 50% of our social enterprise lending portfolio. For this we are very grateful.

Kelley Buhles is Director of Philanthropic Services at RSF Social Finance

 

    Tweet me: Kelley Buhles, Director of Philanthropic Services @RSFSocFinance http://bit.ly/1xupacr Celebrates #Giving #SRI

    Contact Info:

    RSF Social Finance

    KEYWORDS: Finance & Socially Responsible Investment, RSF Social Finance, Kelly Buhles, Fair Economies Program, social values, environmental values, emerging industries

     

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    Kaiser Permanente Awards $2.55 million grant to the American Heart Association Initiative to Address High Blood Pressure Among African-Americans

    Grant to help with blood pressure control and reduction of health care disparities

    SOURCE: Kaiser Permanente

    DESCRIPTION:

    OAKLAND, CA, September 30, 2014 /3BL Media/ –  Kaiser Permanente, the nation’s largest integrated health care system, will support the American Heart Association in a broad effort to improve blood pressure control for African-Americans in two U.S. cities over three years. The program will depend upon community-based efforts, as well as doctors and patients, to help decrease the burden of the so called “silent killer,” aiming to create a model that can be replicated in communities across the country.

    The initiative is a collaboration among clinics, health care providers, community organizations, volunteer health mentors and technology. The goal is to help patients track their blood pressure readings, share them with their caregivers and physicians, and monitor their progress over time. Through the grant from the Kaiser Permanente National Community Benefit Fund at the East Bay Community Foundation, AHA will launch the Community to Clinic, Clinic to Community (C2C2): Improving Hypertension Control in Blacks and African-Americans initiative. It will initially roll out in Atlanta and San Diego.

    “As a recognized leader in identifying, measuring and eliminating health care disparities, Kaiser Permanente has a long history of investing in research and programs that help improve the health and well-being of individuals and distinct populations,” said Bernard J. Tyson, chairman and CEO of Kaiser Permanente.  “We are proud to be a part of this effort, which will help raise awareness about the dangers of high blood pressure and ultimately help reduce the prevalence of heart attacks and strokes in the African-American community.”

    “In the scheme of what we can do to address preventable heart disease, strokes and other health problems, taking on and bringing down uncontrolled high blood pressure can prevent heart disease and strokes and save lives. It is that simple,” said AHA Deputy Chief Science Officer Eduardo Sanchez, MD, MPH.

    “Kaiser Permanente has shown that a clinic-based program works to control blood pressure better and the American Heart Association has shown that a community-based program works to control blood pressure better. It only makes sense to combine clinical care and community programs to build a comprehensive approach to control blood pressure,” Dr. Sanchez said.

    Regular blood pressure checks are a key component of the program because high blood pressure often does not have symptoms. Patients will be offered an opportunity to enroll in the program, which will include access to the AHA’s Heart360 online health management program. They can use Heart360 to track their blood pressure as well as other related health factors. The data will be accessible to the patient, a volunteer health mentor and a health care provider.

    “This unprecedented initiative will connect the African-American community to patient-centered, culturally competent tools and resources that meet them where they live, work and pray,” said Winston F. Wong, MD, MS, medical director, Community Benefit, and director of Disparities and Quality Initiatives at Kaiser Permanente. “Our goal is to advance access to high-quality care for individuals typically not engaged with the health system, thereby reducing disparities of morbidity and mortality.”

    The community location, which may include retail pharmacies, churches or community centers, will work in tandem with the clinic, reinforcing doctors’ orders, and even serving as a liaison between patient and clinic. In turn, clinic staff will reinforce the patient’s relationship with the health mentor and community site, where they’ll be receiving encouragement and accountability for making healthy choices and staying on their medication.

    The prevalence of high blood pressure in African-Americans in the United States is among the highest in the world. More than 40 percent of the black population in the U.S. has hypertension, with disproportionate rates among younger individuals. Higher rates of  untreated high blood pressure contribute to rates of kidney failure, strokes and heart attacks in the black population that well exceed the U.S. average.

    The initiative will also seek to raise public awareness of this issue through public service announcements, social media and community-based campaigns which stress that controlling blood pressure is a matter of life and death.

    Community-based blood pressure programs have a proven track record for success. A Kaiser Permanente program doubled hypertension control over eight years among health plan participants in Northern California. The American Heart Association, working with Durham Health Innovations in Durham, North Carolina, improved blood pressure control by 12 percent over six months.

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    About the American Heart Association

    The American Heart Association is devoted to saving people from heart disease and stroke. We team with millions of volunteers to fund innovative research, fight for stronger public health policies, and provide lifesaving tools and information to prevent and treat these diseases. The Dallas-based association is the nation’s oldest and largest voluntary organization dedicated to fighting heart disease and stroke. To learn more or to get involved, call 1-800-AHA-USA1, visitheart.org or call any of our offices around the country. Follow us on Facebook and Twitter.

    About Kaiser Permanente

    Kaiser Permanente is committed to helping shape the future of health care. We are recognized as one of America’s leading health care providers and not-for-profit health plans. Founded in 1945, our mission is to provide high-quality, affordable health care services and to improve the health of our members and the communities we serve. We currently serve approximately 9.5 million members in eight states and the District of Columbia. Care for members and patients is focused on their total health and guided by their personal physicians, specialists and team of caregivers. Our expert and caring medical teams are empowered and supported by industry-leading technology advances and tools for health promotion, disease prevention, state-of-the-art care delivery and world-class chronic disease management. Kaiser Permanente is dedicated to care innovations, clinical research, health education and the support of community health. For more information, go to: kp.org/share.

    For more information contact:
    Maggie Francis
    American Heart Association
    214.706.1382, Maggie.francis@aha.org
     
    Farra Levin
    Kaiser Permanente
    510.414.9246, Farra.r.levin@kp.org

    Tweet me: Addressing high blood pressure among African-Americans http://3bl.me/md7k7w @KP_Share awards #grant to @American_Heart initiative

    KEYWORDS: Health, Business & Trade, American Heart Association, Kaiser Permanente, csr

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    Sustainable Brands New Metrics ’14 Conference Counts the Ways – The Minute

    SOURCE: 3BL Media, LLC

    DESCRIPTION:

    Sustainable Brands New Metrics ’14, a conference held last week in Boston, was a data wonk’s delight. Just how deep a dive into the world of metrics the conference offered was clear in the terms used in some of the presentation titles. ““ESG and the Credit Rating Frontier.” “The Multicapital Scorecard.” “Fair Trade USA’s New Impact Measurement.” “Quantifying a Product’s Social Footprint.” “Tracking Global Attitudes with the Latest Nielsen Data.” The Social Progress Index.” “The Greendex Results on Tracking Global Trends.” There were enough graphs, charts, infographics, Excel sheets, and bullet point lists bundled into detailed PowerPoint presentations to fill dozens of Web pages. But what else would you expect from a conference co-sponsored by MIT’s Sloan School of Management Sustainability Initiative?

    Here’s the big insight from an overview perspective: integrated reporting that includes ESG factors is driving a revolution in metrics—new measurement goals require new measurement methods. At the conference, Autodesk and Impact Infrastructure announced a collaboration to create integrated software solutions for the infrastructure, building, and finance sectors. Their goal is to provide a flexible, accurate, and affordable way to quantify the value of a project’s financial and its triple bottom-line returns. The conference Web site hosts many of the fascinating facts—and the figures they’re based on—that you’ll want to read more about.

    I’m John Howell at 3BL Media.

    Video Source: Sustainable Brands New Metrics ’14 Conference Counts the Ways

    Tweet me: #NewMetrics conference from @SustainBrands a data lover’s dream http://3bl.me/tkst83 via @3BLMedia #CSRMinute

    KEYWORDS: Events, Conferences & Webinars, Business & Trade, 3bl media llc, CSR Minute, Sustainable Brands New Metrics ’14, Boston, data, Sloan School of Management Sustainability Initiative, Autodesk, Impact Infrastructure

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    CDP Recognizes Allstate as Leader in Climate Change Transparency; Only Property and Casualty Insurer to Make List

    Reductions in carbon emissions, energy usage rise to top of Allstate’s environmental accomplishments

    SOURCE: Allstate Corporation

    DESCRIPTION:

    September 29, 2014 /3BL Media/ – Allstate has been recognized as a leader among the S&P 500 for excelling at disclosure of climate change data by CDP, the world’s only global environmental disclosure system. Allstate scored 97 out of 100 in this year’s report, the highest score the company has received since it started reporting in 2007

    “This the fifth year Allstate has been included in the Climate Disclosure Leadership Index, an achievement we’re quite proud of given how many companies have intensified their commitment to climate-related issues in recent years” said Vicky Dinges, senior vice president of corporate responsibility at Allstate. “We continue to look for innovative approaches to manage our environmental footprint in a way that helps our business be more sustainable and our communities more livable.”

    CDP’s annual CDLI index spotlights companies listed on the Standard & Poor’s 500 Index (S&P 500) that have demonstrated a high level of transparency and data quality in their disclosure of climate-related information. Thirty-three S&P 500 companies are featured in the 2014 CDLI.

    Company disclosures to CDP are scored on a scale of 100 for completeness and data quality. High scores indicate that companies provided robust climate data and conveyed a strong understanding of corporate climate-related issues. The companies in the top 10 percent for disclosure scores are awarded a position on the CDLI. The S&P 500 report including names of companies featured in the CDLI can be found at www.cdp.net.

    Allstate has also made significant progress toward its long-term environmental sustainability goals in recent years. Notable accomplishments include:

    • Reduced energy use in owned facilities by 19.39 percent compared to the company’s 2007 baseline, nearly reaching Allstate’s long-term goal to cut energy use 20 percent by 2020.
    • Reduced carbon footprint by 6.3 percent in 2013 and nearly 27 percent since 2007.
    • Kept more than one million plastic water bottles out of landfills thanks to 168 water-filtration stations installed across Allstate facilities.
    • Installed innovative airflow management technology in two Allstate data centers, which reduced the amount of power used and netted savings of nearly $120,000.
    • Published a comprehensive new climate change policy, defining Allstate’s approach to one of today’s most critical environmental issues.

    For more information about Allstate’s environmental sustainability efforts, please visit http://www.allstate.com/corporate-responsibility/environment.aspx.

    The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer, protecting approximately 16 million households from life’s uncertainties through its AllstateEncompassEsurance and Answer Financial brand names and Allstate Financial business segment. Allstate is widely known through the slogan “You’re In Good Hands With Allstate®.” The Allstate brand’s network of small businesses offers auto, home, life and retirement products and services to customers in the United States and Canada. In 2013, The Allstate Foundation, Allstate, its employees and agency owners gave $29 million to support local communities. Allstate employees and agency owners donated 200,000 hours of service across the country.

    # # #

    Tweet me: CDP Recognizes Allstate as Leader in Climate Change Transparency; Only Property and Casualty Insurer to Make List http://3bl.me/ekfvab

    Contact Info:

    Kyle Donash
    Allstate
    +1 (847) 402-5600
    kyle.donash@allstate.com

    KEYWORDS: Environment and Climate Change, Awards and Recognition, Allstate foundation, CDP, Climate Change Transparency, S&P 500, Climate Disclosure Leadership Index (CDLI), environmental sustainability

     

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    Half of Global Wildlife Lost, says new WWF Report

    World Wildlife Fund issues 10th edition of “The Living Planet Report”, a science-based assessment of the planet’s health

    SOURCE: World Wildlife Fund

    DESCRIPTION:

    Washington, D.C., September 29, 2014 /3BL Media/ - Between 1970 and 2010 populations of mammals, birds, reptiles, amphibians, and fish around the globe dropped 52 percent, says the 2014 Living Planet Report released today by World Wildlife Fund (WWF). This biodiversity loss occurs disproportionately in low-income countries—and correlates with the increasing resource use of high-income countries.

    In addition to the precipitous decline in wildlife populations the report’s data point to other warning signs about the overall health of the planet. The amount of carbon in our atmosphere has risen to levels not seen in more than a million years, triggering climate change that is already destabilizing ecosystems. High concentrations of reactive nitrogen are degrading lands, rivers and oceans. Stress on already scarce water supplies is increasing. And more than 60 percent of the essential “services” provided by nature, from our forests to our seas, are in decline.

    “We’re gradually destroying our planet’s ability to support our way of life,” said Carter Roberts, president and CEO of World Wildlife Fund (WWF). “But we already have the knowledge and tools to avoid the worst predictions. We all live on a finite planet and its time we started acting within those limits.”

    The Living Planet Report, WWF’s biennial flagship publication, measures trends in three major areas:

    • populations of more than ten thousand vertebrate species;
    • human ecological footprint, a measure of consumption of goods, greenhouse gas emissions; and
    • existing biocapacity, the amount of natural resources for producing food, freshwater, and sequestering carbon.

    “There is a lot of data in this report and it can seem very overwhelming and complex,” said Jon Hoekstra, chief scientist at WWF. “What’s not complicated are the clear trends we’re seeing — 39 percent of terrestrial wildlife gone, 39 percent of marine wildlife gone, 76 percent of freshwater wildlife gone – all in the past 40 years.”

    The report says that the majority of high-income countries are increasingly consuming more per person than the planet can accommodate; maintaining per capita ecological footprints greater than the amount of biocapacity available per person. People in middle- and low-income countries have seen little increase in their per capita footprints over the same time period.

    While high-income countries show a 10 percent increase in biodiversity, the rest of the world is seeing dramatic declines. Middle-income countries show 18 percent declines, and low-income countries show 58 percent declines. Latin America shows the biggest decline in biodiversity, with species populations falling by 83 percent.

    “High-income countries use five times the ecological resources of low-income countries, but low income countries are suffering the greatest ecosystem losses,” said Keya Chatterjee, WWF’s senior director of renewable energy. “In effect, wealthy nations are outsourcing resource depletion.”

    The report underscores that the declining trends are not inevitable. To achieve globally sustainable development, each country’s per capita ecological footprint must be less than the per capita biocapacity available on the planet, while maintaining a decent standard of living.

    At the conclusion of the report, WWF recommends the following actions:

    1. Accelerate shift to smarter food and energy production
    2. Reduce ecological footprint through responsible consumption at the personal, corporate and government levels
    3. Value natural capital as a cornerstone of policy and development decisions

    About World Wildlife Fund
    WWF is one of the world’s leading conservation organizations, working in 100 countries for over half a century. With the support of almost 5 million members worldwide, WWF is dedicated to delivering science-based solutions to preserve the diversity and abundance of life on Earth, halt the degradation of the environment and combat climate change. Visit www.worldwildlife.org to learn more and keep up with the latest conservation news by following @WWFNews on Twitter. 

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    Tweet me: We need to act now to turn this around: More than half of world’s wildlife population lost in less than half century http://wwf.to/1xuqdcl

    Contact Info:

    Brendan Rohr
    World Wildlife Fund
    +1 (202) 495-4621
    brendan.rohr@wwfus.org

    KEYWORDS: Environment and Climate Change, Energy, World Wildlife Fund, Living Planet Report, Wildlife Populations, destabilizing ecosystems, human ecological footprint, biopacity

     

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    Cellulosic Ethanol Finally Beginning to Reach Scale

    by RP Siegel

    SOURCE: Justmeans

    DESCRIPTION:

    There was big news in Emmetsburg, Iowa this month—the opening of a major cellulosic ethanol plant. The plant, which is the first commercial-scale cellulosic facility in the US, is a joint venture between Poet and Royal DSM. Code-named Project Liberty, the plant was christened in a ceremony featuring His Majesty Willem-Alexander, King of the Netherlands, along with a host of others including U.S. Secretary of Agriculture Tom Vilsack, Deputy Under Secretary Michael Knotek of the Department of Energy, and Iowa Governor Terry Branstad.

    The plant will initially process 570 million pounds of biomass, primarily crop residue in the form of corn stover, each year, converting it to 20 million gallons of ethanol. At full capacity those numbers will increase to 770 and 25 million, respectively.

    Traditional corn ethanol production uses the age-old process of distilling starches into alcohol, the same way that distilled spirits are made. The ability to convert the leaves and stalks and other waste material containing lignocellulose was something that had never been done before. The science was difficult and it has taken longer than expected, leading the EPA to revise the numbers in the Renewable Fuel Standard (RFS), a mandate for the production of bio-fuels to help reduce our dependence on fossil fuels.

    To continue reading, click here

    Image Credit: Poet-DSM Advanced Biofuels: Flickr Creative Commons

    RP Siegel, author and inventor, shines a powerful light on numerous environmental and technological topics. He has been published in business and technical journals and has written three books. His third, co-authored with Roger Saillant, is Vapor Trails, an eco-thriller that is being adapted for the big screen. RP is a professional engineer – and a prolific inventor, with 50 patents, numerous awards, and several commercial products. He is president of Rain Mountain LLC and is an active environmental advocate in his hometown of Rochester, N.Y. In addition to Justmeans, he writes for Triple Pundit, ThomasNet News, and Energy Viewpoints, occasionally contributing to Mechanical Engineering, Strategy + Business, and Huffington Post. You can follow RP on Twitter, @RPSiegel. 

    Tweet me: New #blog from @RPSiegel – http://bit.ly/1CtbUoe cellulosic ethanol finally beginning to reach scale via @ Justmeans

    KEYWORDS: Energy, ethanol, Cellulosic ethanol, lignocellulose, renewable fuel standard, bio-ethanol, Biofuel, POET, Royal DSM, Willem-Alexander, Tom Vilsack, Michael Knotek, Terry Branstad, GranBio, high octane, compression ratio, Formula 1

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    HP Announces Goal to Reduce Greenhouse Gas Emissions of Product Portfolio

    SOURCE: HP

    DESCRIPTION:

    This year’s Climate Week events in New York City served as the perfect backdrop for several announcements HP made regarding steps it is taking to reduce carbon emissions and mitigate the business risks of climate change.

    As part of ongoing efforts to lower its carbon footprint across all phases of its business, HP announced a goal to reduce the emissions intensity of its product portfolio(1) by 40 percent by 2020 compared to 2010 levels.(2)

    With this announcement, HP becomes the only global IT company to have set carbon reduction goals for all three parts of its value chain—operations, supply chain, and product portfolio. Previously stated goals focused on:

    • Operations—HP plans to reduce total greenhouse gas (GHG) emissions from its operations (Scope 1 and Scope 2) by 20 percent by 2020, compared to 2010 levels. This built on HP’s previous goal of a 20 percent carbon reduction, which the company achieved in 2011—two years early.
    • Supply Chain—Last year, HP set a goal, the first for the IT industry, to drive a 20 percent decrease in first-tier manufacturing and product transportation-related GHG emissions intensity(3) by 2020, compared with 2010.

    In several speeches held during Climate Week, including the opening session, Gabi Zedlmayer, vice president and chief progress officer, Corporate Affairs, HP, spoke about the ways that HP is helping create a low-carbon economy.

    “As one of the world’s largest IT companies, we believe we are uniquely positioned to help our company and our customers lower carbon emissions by developing more sustainable technologies that replace outdated, inefficient processes and behaviors,” said Zedlmayer. “With this new emissions goal, we are once again demonstrating our commitment to building a low-carbon economy that creates a better future and a healthier world for generations to come.”

    HP recognized as sustainability leader

    HP’s sustainability efforts have not gone unnoticed—with HP being recognized on the Dow Jones Sustainability Index and in the CDP S&P 500 Climate Change Report 2014, which was released during Climate Week.

    Once again HP was named to the Dow Jones Sustainability Index (DJSI) World Index, which ranks the top 10 percent of the 2,500 largest companies on the Dow Jones Global Total Stock Market Index. In addition, HP was included on the DJSI North America Index, which represents the top 20 percent of the 600 largest U.S. and Canadian companies on the Dow Jones Global Total Stock Market Index. HP was also named one of six companies listed as a leader in the “Computer & Peripheral and Office Electronics” industry.

    In the CDP S&P 500 Climate Change Report 2014, which included a foreword from HP CEO Meg Whitman, HP received the highest possible disclosure score, 100 out of 100 points. This resulted in HP’s placement on the Climate Disclosure Leadership Index, which spotlights companies that have demonstrated the highest level of transparency and data quality in their disclosure of climate-related information.

    In addition, HP was one of 34 S&P 500 companies featured on the CDP Climate Performance Leadership Index, which highlights companies that have demonstrated a commitment to managing climate change by integrating it into their business strategy and taking actionable steps to mitigate climate-related risk. HP was placed in the highest performance band of “A” for its climate performance assessment.

    More information about HP’s carbon reduction goals and other sustainability efforts are available on the HP Living Progress website.

     

    (1) Emissions intensity of the HP product portfolio refers to tonnes CO2e/net revenue arising from use of high-volume product lines, including notebooks, tablets, desktops, mobile computing devices and workstations; inkjet and LaserJet printers; and HP servers, including industry-standard servers, HP Moonshot and HP Apollo.

    (2) Expressed as emissions generated per unit of output. The unit of output was determined per product line as follows: printer output represents carbon emissions from printing one A4 image; each personal system represents one unit of output; for servers, each unit of output equals a task performed by the system, as defined by industry standards.

    (3) HP calculates emissions intensity as its suppliers’ GHG emissions divided by HP’s annual revenue. This method normalizes performance based on business productivity.

    Tweet me: Major new #GHG reduction commitment from @HPLivingProg http://3bl.me/fx6f72 to reduce produce emissions by 40% by 2020 #LivingProgess

    KEYWORDS: Environment and Climate Change, Business & Trade, HP, Living Progress, GHG, greenhouse gas emissions, sustainability

     

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