Educating employees about energy efficiency,conservation, recycling, waste reduction and other similar measures benefit not only the companies that institute them, but also the organization’s employees, but also the communities in which they operate.
The Sustainability Professional: 2010 Competency Survey Report provides insights into what sustainability professionals see as important skills needed and what are their most critical challenges.
Companies are now requiring their suppliers to address carbon management as a core business issue. A plan to deselect some suppliers in the future for failing to meet carbon management criteria set by the companies. These organizations are increasinigly developing strategies for engaging with suppliers on carbon related issues amd have emissions or energy reduction plans in place.
A recent study by A.T. Kearney indicates that firms with “true commitment to sustainability” outperform industry peers in the financial markets. Companies that embraced sustainability before it became in vogue, now have the competitive advantage. These companies increased production volume while reducing greenhouse gas emissions, decreasing water consumption, optimizing packaging volume.
Ceres has released the first comprehensive assessment and ranking of water disclosure practices of 100 publicly-traded companies in eight key sectors exposed to water-related risks: beverage, chemicals, electric power, food, homebuilding, mining, oil and gas, and semiconductors. The report highlights best practices, key gaps and trends in water reporting and lays out a set of recommendations for companies and investors.
A new report released by independent research firm, Verdantix, explains why firms are floundering with carbon management and putting the future of the business at risk due to flawed governance and strained business processes. It warns that unless CEOs take ownership of carbon management as a business transformation challenge their firms will fail to achieve absolute reductions in CO2 emissions.
LCA Sustainable Supply Chain USA 2010 (‘Measuring and Addressing Environmental & Social Impacts Throughout the Entire Life Cycle and Supply Chain’), the 7th event in the International Carbon Footprinting conference series, will be held on April 28-29 2010 in Chicago. The event will address sustainability and CSR issues pertaining to product life cycle assessment and supply chain with a focus on the consumer products industry sector.
carbon accounting softwareWhile other industries are sputtering along or even tanking, as a result of the global recession, the emerging Enterprise Carbon Accounting (ECA) software market is experience a phase of phenomenal growth. The number as providers has almost doubled, venture capital money is flowing freely and Groom Energy predicts that ECA software purchases will increase 600 percent by 2011
Verdantix, recently released a free report, that explains why the Chief Sustainability Officer (CSO) is needed, defines the role of the CSO, and provides a profile to guide the appointment of the CSO. It also explains why organizations face a climate change and sustainability management deficit, why fixing sustainability governance gains is becoming a major priority by a growing number of firms, how the CSO can spearhead business transformation, who the ideal candidate for the chief sustainability officer role is, and what are the three priority areas of domain expertise.
