Verdantix | The Green Economy Post: Green Careers, Green Business, Sustainability

US Sustainable Business Spending to Double to $60 Billion By 2014

By Tracey de Morsella on October 11, 2010 3 Comments brand, business sustainability, C-suite, CAGRs, carbon data management, carbon management, Chief Sustainability Officers, Citigroup, cleantech innovation, climate change policy, competitive dynamics, Compound annual growth rates, corporate sustainability programs, corporate sustainability strategy, David Metcalfe, electric vehicles, emission reductions, energy efficiency, Energy Management, FedEx, GDP, GHG regulations, global economy, Google, high-tech engineering, Hilton Worldwide, industrial engineering, infrastructure, innovation diffusion, Intel, Johnson Controls, oil prices, PG&E, renewable energy policies, risk drivers, risk management, smart grid, sustainability initiatives, sustainability spending, sustainability strategy, Sustainable Business, sustainable business market, sustainable business spending, sustainable operations, US Sustainable Business Spending 2009-14, utilitie, Vanessa O’Connell, Verdantix, Verdantix Critical Moments, Verdantix Critical Moments model

Using financial data from 1,833 firms with US revenues of more than $1 billion in 2008/09, independent analyst firm Verdantix finds that spending on 29 sustainability initiatives will grow from $28 billion in 2010 to $60 billion in 2014. Over the 2009 to 2014 period the US sustainable business market will experience a 19% compound annual growth rate. The sustainable business market forecast finds that growth of 11% in 2010 will increase to 16% in 2011 and 24% in 2012. Growth in spending is driven by improved economic growth, risk drivers, competitive dynamics, innovation diffusion, higher oil prices, state-level GHG regulations and renewable energy policies. The study covers all industries and all sustainability initiatives from energy efficiency to spending on strategy, risk and brand.

45 Carbon Management Best Practices Needed To Be Competitive in The Green Economy

By Aysu Katun on April 26, 2010 1 Comment best practices, carbon data management, carbon information management, carbon leaders, carbon management, carbon novices, carbon strategy, CDP, compliance, cutting carbon emissions, Deloitte, employee involvement, energy efficiency, financial strategy, green supply chain management, IBM, regulatory compliance, setting targets, stakeholder engagement, strategy, Verdantix

A list of best practices in carbon management, based on lessons learned by carbon leaders.

Why CFOs Need a Financial Strategy for Energy and Carbon

By Aysu Katun on April 12, 2010 4 Comments carbon management, carbon reduction strategy, CFO, Clean Air Act, compliance issues, cost reduction, energy and carbon management, energy consumption, energy cost savings, energy costs, energy efficiency, energy efficiency solutions, Energy Management, EPA, financial strategy, Goldman Sachs, International Energy Agency, investment plans, research, The American Clean Energy and Security Act, total cost of ownership, Verdantix, Waxman-Markey

According to the report released by independent research firm, Verdantix, increasing oil and electricity prices, the hidden cost of carbon, growing risks from energy supply disruption and board-level climate change compliance issues make energy efficiency a new imperative for the CFO.

The Four Best Practice Strategies Needed for Successful Carbon Management

By Tracey de Morsella on March 10, 2010 1 Comment BAE Systems, Best Practices Carbon Management, BHP Billiton, BP, building management systems, business process changes, carbon issue, carbon management, carbon management strategies, carbon reduction plan, CEOs, Chief Sustainability Officer, cisco, CO2 emissions, CO2 reduction goals, cross-functional strategy, CSR Directors, Dow Chemical Company, electric vehicle fleet trials, energy managers, finance, financial analysis, fuel data, granular energy, HP, Operations, Peter Charville-Mort, Proctor & Gamble, SAP, social responsibility, sustainability programs, Tracey de Morsella, transformational change, unintended consequences, Verdantix, Wal-Mart

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.

Carbon Accounting Software Market Experiencing Tremendous Growth

By Tracey de Morsella on March 8, 2010 1 Comment 2010 Enterprise Carbon Accounting, Al Gore, AMR Research, Climate Change, Computer Associates, Condoleezza Rice, ECA, ECA market, ECA startups, EHS, emissions management, Enablon, Energy Management, energy savings, EnerNoc, Enterprise Carbon Accounting, Enviance, environmental health and safety vendors, environmental impact, GHG, GHG emissions, GHG Software Products, greenhouse gas emissions, Groom Energy Solutions, Hara, IHS, Johnson Controls, market consolidation, Microsoft venture capital, Paul Baier, PE International, ProcessMAP, SAP, Stephen Stokes, sustainability investments, Verdantix, Walmart Supplier Sustainability Assessment Program

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

The Traits of a Highly Effective and Successful Chief Sustainability Officer

By Tracey de Morsella on March 4, 2010 1 Comment Allianz Insurance, British Airways, BT, CA, carbon reporting risks, Carbon Systems, CH2M Hill, Chief Sustainability Officer, Chrysler, cisco, Climate Change, climate change strategy, CO2 reduction, compliance risks, corporate social responsibility, CSO, Deloitte, Dow Chemical Company, ECX, efficiency gains, energy cost savings, Energy Management, Fiat, Ford, General Electric, General Motors, Hara, IBM, IHS, Kroger, low carbon business model, McKinsey & Company, Microsoft, natural resource efficiency, Norman Broadbent, operational efficiencies, Orange, SAP, Shell, Siemens, sustainability governance, sustainability initiatives, Sustainability management, sustainability plans, sustainability products, sustainability risks, sustainability strategy, sustainable business strategies, sustainable growth markets, target emissions goals, Tesco, Toyota, Unilever, UTC, Verdantix

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.

The Business Case For Carbon Management Software: CFOs Will Be Compelled To Invest In It

By Tracey de Morsella on September 10, 2009 2 Comments accounting, audit costs, auditability, Board, brand exposure, Business Case For Carbon Management Software, CA ecoGovernance, carbon abatement, carbon abatement investments, carbon abatement spending, carbon accounting, carbon assets, carbon costs, carbon data, carbon data modelling tools, carbon data quality. Climate Disclosure Standards Board, carbon data verification, Carbon Disclosure Project, carbon emissions communications, Carbon Hub, carbon liabilities, carbon management organiZation.carbon management strategy, carbon management software, carbon management systems, carbon prices, carbon reduction commitments, carbon reduction plan, CarbonView, Caterpillar, CFO, CFOs, change costs, cisco, climate change risk management. Mandatory reporting, climate change strategies, CO2 compliance deadline, CO2 targets, Coca-Cola, compliance costs, Crédit Agricole, David Metcalfe, emissions data, energy cost savings, enterprise carbon footprint, enterprise footprint, ESS, EU’s Emissions Trading Scheme, GHG audit, GHG reporting, global consistency, government regulations in a number of countries, greenhouse gas emissions, Greenstone Carbon Management, Hara, IHS, IHS opsInfo, implementation of carbon management software, Investors Want More Disclosure of Climate Risk Data from Corporations, mandatory reporting rules, National Grid, PE International, risk management, SAP, SAS, SAS for Sustainability Management, Shell Exploration & Production, supply chain carbon footprint, Tesco, The Gap, Verdantix, verification of carbon emissions data, Vodafone and Weyerhauser, Wal-Mart, Westin hotel, Xstrata

The financial risk of carbon liabilities, a need for better management control over carbon data, and new government regulations in a number of countries, will will compel CFOs to invest in carbon management software in the coming year. This is the main conclusion of the report, The Business Case For Carbon Management Software, from the research firm Verdantix. The report analyzes the business case for investing in carbon software from vendors like CarbonView, Carbon Hub, ESS, Greenstone Carbon Management, Hara, IHS, PE International, SAP and SAS.

Sustainable IT Solutions Will Trump Failed Green IT Marketing

By Tracey de Morsella on July 29, 2009 1 Comment Capgemini, carbon data management, Carbon management business intelligence, carbon prices, CH2M Hill, cisco, climate change risk assessment, corporate climate change, Data Center, data centers, David Metcalfem product lifecycle, desktop, Energate, energy demand, energy efficiency, Energy Management, Europe, fuel use, GHG reporting legislation, Green Computing, green data center, green IT marketing, Green-IT, greenhouse gas emissions, greenhouse gas reporting, HP, IT services firms, Itron, Orange Business Services, outsourcing, R&D, renewable energy, resource scarcity, smart meters, supply chains, sustainability, sustainability credentials, sustainable, sustainable business process fresh air cooled data centers, systems integrators, tech sector, technology, telecom, Trilliant, US, Verdantix, Verizon, video presence, waste

The first wave of green IT solutions failed to make sustainability benefits tangible according to a new study conducted on the sector by the independent research firm Verdantix. However, innovative IT sustainability solutions just released into the market or on the horizon for 2010 – will quickly demonstrate the tech sector’s role in supporting corporate sustainability strategies.

The Best Climate Change Consulting Firms – Who are They?

By Tracey de Morsella on July 23, 2009 4 Comments audit firms, BCG, Blu Skye, Booz & Company, Boston Consulting Group, CH2M Hill, change agenda, change programs, chemicals, cleantech, Climate Change, climate change policy, climate change strategy, consulting market, cost reduction, David Metcalfe, Deloitte, energy demands, energy efficiency, ENVIRON, ERM, Ernst & Young, financial performance, gas, green programs, Green Quadrant, GreenOrder, ICF International, IT advisors, KPMG, market demand, McKinsey & Company, metals, mining, Notably Bain & Company, Obama, opportunity identification, PA Consulting Group and PwC, power generation, professional services, Shaw Group, sustainability, sustainability credentials, US climate change consulting market, Verdantix

In the US market demand for advice on climate change and sustainability is growing due to a dramatic shift in US climate change policy, the cost reduction potential of “green” programs and competitive pressure to implement a climate change strategy. Consulting firms that fail to establish their climate change expertise during 2009 will miss out on the biggest opportunity in the consulting market for 20 years, according to independent research conducted by Verdantix. The ground-breaking analysis of the US climate change consulting market applies 56 evaluation criteria to assess 19 consulting and professional services firms including BCG, Booz & Company, CH2M Hill, ENVIRON, ERM, Ernst & Young, ICF International, McKinsey & Company, PA Consulting Group and PwC.