Tag Archives: green companies

Wells Fargo Announces Record $6.4 Billion in Environmental Financing in 2012

SAN FRANCISCO–()–Continuing to accelerate its support for a green economy, Wells Fargo & Company (NYSE: WFC) announced today it provided $6.4 billion in loans and investments in 2012 to businesses and projects with a direct positive impact on the environment. This marks the company’s first environmental financing update since announcing last year an expanded commitment to provide an additional $30 billion by 2020. Wells Fargo made its initial environmental financing commitment in 2005, and through 2011 the company provided $11.7 billion in loans and investments and more than $3.1 billion in additional financial services. Together, with today’s record announcement of $6.4 billion, Wells Fargo has financed more than $21 billion for green businesses, green buildings, and clean energy customers since 2005.

“Wells Fargo has long recognized this opportunity and we remain committed to supporting our customers who are leading the way in creating a more sustainable future.”

According to its latest Environmental Finance Report, released today, Wells Fargo continued to increase its support for clean energy and green buildings in 2012. The company invested more than $500 million of tax equity in wind and solar projects, bringing its total to $2 billion for wind assets and more than $1 billion for solar projects across 29 states. Renewable energy systems in Wells Fargo’s portfolio of over 300 projects produced approximately 16 terawatt-hours of electricity in 2012 – enough to power 1.2 million homes for one year. In addition, the company provided $3.1 billion for LEED®-certified buildings, $180 million toward Brownfield redevelopment projects and more than $700 million toward ENERGY STAR-certified properties. Wells Fargo also provided $900 million in loans and investments benefitting low-income communities or housing projects. Continue reading

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Recycle for the Future: Coca-Cola Enterprises Seeks to Transform At-Home Recycling

LONDON, May 20, 2013 /3BL Media/ – Coca-Cola Enterprises (NYSE/Euronext Paris: CCE), which manufactures, bottles and markets Coca-Cola products in Western Europe, has begun a ground-breaking study with 20 households in Great Britain and France to observe at-home recycling behaviors. The study will seek to understand why recycling rates are so low, despite people expressing strong beliefs towards environmental behaviors.

Research shows that 75% of French and 76% of British consumers claim to “always” recycle plastic bottles at home, and over 63% across both countries view recycling as “a moral and environmental duty.” However, actual at-home recycling rates do not reflect these intentions with only half of all plastic bottles currently collected for recycling, revealing a significant ‘value/action gap.’ Improving these recycling rates will enable manufacturers to boost sources of locally-available high-quality recycled PET and reduce their resource footprint. Continue reading

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Consumers Go From Boycott to Buycott

buycottIn today’s continuously connected world, companies might find it difficult to keep their CSR “dirty laundry” secret for very long. Technology is making it even easier to find out what’s really behind the products we buy and with 78 percent of Americans willing to stop buying products with misleading environmental claims, the stakes for companies to not only behave responsibly, but communicate transparently, have never been higher.

The newest development in a slew of transparency-related apps is Buycott, an app that empowers consumers to purchase brands that share their personal values. The app’s website explains, “With Buycott, a campaign can be quickly created around a cause, with the goal of targeting companies with a boycott unless they change their position, or buycotting a company to show your support.”

To read more on Cone’s Prove Your Purpose blog, please click here.

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GM Turns Corporate Lands into Refuge for Wildlife

DETROIT, April 22, 2013 /3BL Media/ — General Motors is transforming corporate lands at its global facilities into tailored areas for wildlife habitats.

Together with the Wildlife Habitat Council, dozens of companies, including GM, are foregoing cement buildings for a different sort of structure: the kind that house animals.

“We strive to increase biodiversity around the world at our facilities, and we have 25 habitats certified by the Wildlife Habitat Council,” said Sue Kelsey, GM biodiversity program manager. “Within these sites, 16 percent of the land mass is actively managed as wildlife habitat.” Continue reading

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Sustainable Brands Partners with GRI Focal Point USA for G4 North American Release

SAN FRANCISCO, May 14, 2013 – Sustainable Brands® announced today a partnership with Global Reporting Initiative’s Focal Point USA for its G4 Guidelines release in North America to follow its official launch in Europe this coming May, 2013. The North American G4 Masters Class Series will make its debut as the official “Local Launch of G4” during the Sustainable Brands 2013 (SB’13) conference on June 3, 2013 in San Diego, CA. This will mark the first opportunity for individuals to receive an acknowledgment from GRI for those who have completed the unique G4 Master Classes.

GRI’s Focal Point USA has organized a North American G4 release campaign that includes a series of three (3) GRI Master Classes to educate companies and other stakeholders on their new Guidelines. All Master Classes will be organized by GRI, its Certified Training Partners, Sector Leaders and a G4 Campaign Sponsor. Sustainable Brands 2013 will feature Master Class sessions 2 and 3, running back-to-back pre-conference workshops on June 3rd.  Master Class session 1 is being offered remotely and online. Conference attendees who complete all 3 Master Classes in the series will be among the first to be acknowledged for completing all three by GRI in North America. “We are excited to partner with Sustainable Brands on this” states Mike Wallace, Director of GRI’s New York office, “It is great to see how GRI can work through collaborations network –we are happy to join hands for their inspiring Conference program in San Diego. This is the beauty of GRI’s multi-stakeholder nature”. Continue reading

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CSR Minute – Kimberly Clark Water Issues; AT&T “Aspire”; U.N. and World Green Summit Rio+20

Kimberly Clark has announced a focused initiative, “Water for Life,” as part of the company’s Sustainability 2015 strategy. Through the program, Kimberly-Clark will collaborate with NGOs to provide clean drinking water, sanitation, and hygiene education to communities around the world.  Continue reading

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Herbalife Social Responsibility Programs Receive Recognition in Russia

LOS ANGELES–()–Global nutrition company, Herbalife (NYSE: HLF), announces that two of its corporate social responsibility (CSR) programs - TEAM Herbalife and Casa Herbalife – were named in the list of “Best Social Projects of Russia” in 2012.

“Best Social Projects of Russia” is a national program established to support the aim of the Russian Government to improve social policy, based on partnership between the state, society and the private sector. The program is supported by the Ministry of Natural Resources and Environment, Agency for Strategic Initiatives, World Wildlife Fund, Forest Stewardship Council and other organizations. Continue reading

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Smiles for the People Charts a Green Future with CurrentState

Luke-Logo-with-TMTulsa, Oklahoma – April 8, 2013 - Smiles for the People is a small company with a BIG vision.  Smiles for the People is a for-purpose business. The purpose of the profit they earn is to sustain their development activities and expand their movement of doing what they can to promote better oral healthcare for those who may not be able to afford it. Continue reading

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