Category Archives: Carbon Management

Oil Companies Failing to Inform Investors of Climate Change Risks

(3BL Media) Boston – August 2, 2012 Deepwater oil drilling in all corners of the world. Hydraulic fracturing for gas and oil across the U.S. Proliferating oil sands production in Canada.

A new and more risk-laden energy future is taking shape as the global thirst for fossil fuels spurs a search on frontiers once beyond technology’s reach. The environmental risks from extracting and transporting these fuels are numerous – with the 2010 Gulf of Mexico deepwater oil spill just one example of how things can go wrong. Climate change risks, including climate-driven physical impacts and regulations to control carbon emissions, also create financial exposure for oil and gas companies.

Yet gigantic flows of investment money are being directed into these efforts. Continue reading

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Hilton Worldwide’s UK Hotels Awarded Carbon Saver Gold Standard

(3BL Media) London, UK – August 3, 2012 - Hilton Worldwide has been awarded the highly acclaimed Carbon Saver Gold Standard for effective carbon reduction and management at all of its UK hotels, where carbon emissions have been reduced over a three year period. Sustainability is a critical performance measure of the business, just like quality, service, and revenue. Hilton Worldwide is the first major multi-brand hospitality company in the industry to make this commitment.

At the heart of the company’s success is the utilization of the proprietary sustainability measurement system  LightStay, which analyzes performance across 200 operational practices, such as housekeeping, paper product usage, food waste, chemical storage, air quality, and transportation, and is used to improve sustainability performance on a continuous basis. A unique aspect of Lightstay is the ‘meeting impact calculator’, a feature that calculates the environmental impact of any meeting or conference held at a property.

The Carbon Saver Standard provides external verification of Hilton Worldwide’s efforts to measure, manage and minimise its carbon emissions. To achieve this, Hilton Worldwide had to show three years’ worth of energy reductions and provide evidence of sustainability strategies being undertaken within its UK properties. Continue reading

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Bishop Ranch Announces First Blink® DC Fast Electric Vehicle Charger

SAN RAMON, Calif.–(BUSINESS WIRE)–Bishop Ranch, the largest mixed-use business community in the East Bay, today announced a partnership with ECOtality (NASDAQ:ECTY) to install its state-of-the-art electric vehicle (EV) charging hub, including one of the first Blink® DC Fast Charging in the country, and the only one in San Francisco’s East Bay region. The EV charging center is located at BR 6, at 2440 Camino Ramon, San Ramon, California.

Bishop Ranch is dedicated to the transportation needs of its 30,000 commuters, and the EV charging center is the newest component of its award-winning transportation program. The program includes free connections to Bay Area Rapid Transit (BART); free bus passes (valued at $1,250 annually per employee); train, vanpool and carpool transit incentives; a Guaranteed Ride Home program; and personalized commute-planning assistance for tenants.

“Bishop Ranch is home to some of the world’s leading companies and innovative startups, with well-educated, environmentally aware employees. People who work at Bishop Ranch have many commuting options, and today commuting by electric vehicle just got a whole lot easier,” said Edward Hagopian, executive vice president of Sunset Development Company, owner and operator of Bishop Ranch. “Installing Blink EV charging stations is another example of our sustainable business practices and our commitment to providing green tenant services in order to preserve natural resources for the future,” said Hagopian. Continue reading

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Hershey’s CSR Report: A Deep Commitment to Reducing Environmental Impacts

(3BLMedia) The Hershey Company recently issued its second Corporate Social Responsibility (CSR) Report – “Listen. Learn. Act.” – outlining how its commitment to environmental stewardship plays an important role in its business operations.

Minimizing environmental impact is one of the four pillars of the company’s CSR strategy. In its latest report, Hershey details its performance against the environmental goals it set in 2009 and describes a range of programs and initiatives that have delivered improved efficiencies, lower impacts and even decreased the cost of operations for North America’s largest confectionery company.

The Hershey CSR report also reveals how the company has met or exceeded nearly all of its environmental goals between 2009 and 2011. For example, Hershey aimed to reduce waste generated by U.S. manufacturing plants by 15 percent from a 2008 baseline to the end of 2011. In actuality, the company lowered its U.S. manufacturing waste reduced by 23 percent in that timeframe. Waste to landfill or incinerator decreased by 29 percent between 2008 and 2011 even as production increased by 19 percent during the same time period.

Now, Hershey is pressing to do more and has set out even more ambitious goals to achieve by the end of 2015. Continue reading

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First Photovoltaic Solar Panel Installed on Largest Solar Project in the World

DES MOINES, Iowa–(BUSINESS WIRE)–Less than two weeks after its official groundbreaking ceremony, MidAmerican Solar and First Solar, Inc. (Nasdaq: FSLR) marked another milestone at Topaz Solar Farms, located in San Luis Obispo County, Calif. On Wednesday, the first solar panel was installed on what is the largest solar project under construction in the world. When complete, the 550-megawattAC project will include nearly 9 million photovoltaic panels.

“Solar projects such as Topaz will allow us to continue to deliver one of the cleanest energy portfolios in the nation to our customers and help the state meet its green energy goals.”

To mark this significant event, the first solar panel was installed by Greg Abel, chairman, president and CEO of MidAmerican Energy Holdings Company, and Walter Scott, Jr., who serves on the boards of directors for Berkshire Hathaway Inc. and MidAmerican.

“The installation of this first solar panel is more than symbolic,” said Paul Caudill, president of MidAmerican Solar. “It represents nearly five months of hard construction work put in by a dedicated crew of craftspersons and on-site supervision, a large majority of whom live in the local area. They are helping us achieve our goal of safely and reliably delivering energy to our customer, Pacific Gas and Electric Company, all while adhering to our core value of respect for the environment.” Continue reading

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carboNZero Holdings Becomes the First Non-UK Company to Provide PAS 2050 Certification

AUCKLAND, New Zealand–(BUSINESS WIRE)–carboNZero Holdings, the world’s leading greenhouse gas (GHG) certification company today announces that is has become the first non-UK company to provide accredited certification for product carbon footprints under British Standard Institute’s (BSI) PAS 2050. carboNZero Holdings’ adoption of PAS 2050 as the standard for product carbon footprinting will arm its clients with a competitive edge in securing favourable recognition among their customers and promote ease of entry into the UK market.

“Clients of carboNZero Holdings are utilising CEMARS and carboNZero certification to not only ‘walk the talk’ with respect to their environmental claims, but also to clearly differentiate themselves from competitors with internationally recognised standards in measuring, managing, and reducing or offsetting their carbon emissions”
“We are pleased to reach this major milestone at carboNZero Holdings. Our product certification offerings, now in accordance with PAS 2050 guidelines ensures our clients are in parallel with international best practise so that organisations can extend the scope of their carbon footprints to include the impact of goods and services they produce”, said carboNZero Holdings Technical General Manager, Ann Smith. Continue reading

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Citi to Purchase 1.17 Million Tonnes of Carbon Credits

NEW YORK–(BUSINESS WIRE)–In a deal that combines microloans in Mongolia with the sale of carbon credits on the European Union Emissions Trading Scheme (EU ETS), Citi’s London-based Environmental Products Trading and Origination team, working with Citi Microfinance, has agreed to purchase 1.17 million metric tonnes of carbon credits over the next seven years from Seattle-based social enterprise MicroEnergy Credits. The carbon credits will be generated by capturing reductions of greenhouse gas emissions following the installation of more efficient household insulation and heating fixtures in Ulaanbaatar, the capital and largest city in Mongolia. The purchase and installation of the fixtures will be funded through microloans from Mongolia’s XacBank.

“Under this arrangement, we are implementing an innovative market-based strategy to tackle real challenges faced by developing countries.”

Under the arrangement, a XacBank customer will purchase an energy efficient stove or home insulation products like a “ger blanket,” which covers a ger, the traditional and ubiquitous Mongolian portable tent-like structures in which more than one quarter of the Ulaanbaatar population lives. Gers are traditionally under-insulated and heated by inefficient coal-burning stoves that contribute to Ulaanbaatar’s especially severe air pollution. Ger blankets greatly increase heat retention, and, like energy efficient stoves, lower the rate of fossil fuel consumption and carbon emissions. Continue reading

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Technologies and Practices Could Limit Total Data Center Greenhouse Gas Emissions by 13% Through 2016

As corporate computing requirements grow steadily and consumer-focused IT services continue their rapid expansion, the demand for data center capacity continues to rise.  The rapid adoption of IT use in the emerging economies is also providing a powerful engine for the growth of data center capacity.  In turn, the growth in demand is further increasing these facilities’ energy footprint.  Today’s data center industry consumes around 1.5%% of the world’s energy.  Data center operators are struggling to keep energy demand in check while continuing to grow their capacity.  The need to reduce energy consumption is being driven by a diverse set of factors that includes the rising price of electricity, greenhouse gas emissions, information technology improvements, cloud computing, virtualization, large advances in cooling techniques, and significant improvements in monitoring and management tool suites.

According to a new report from Pike Research, the widespread adoption of energy efficient data center technologies and best practices could significantly limit the growth of emissions of greenhouse gases (GHGs) from data centers over the next several years.  If current trends continue, GHG emissions from data centers are expected to total 1326 million tons of carbon dioxide-equivalent; green data center best practices could reduce that total to 1156 tons, a difference of 13% compared to the business-as-usual trend, according to the cleantech market intelligence firm’s analysis. Continue reading

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