Business and Carbon Budget
November 23, 2013
The international community must bear in mind the whole carbon budget when designing the next array of emissions reduction commitments under the UN Framework Convention on Climate-change, writes World Resources Institute’s Kelly Levin in a blog post..
The UN Intergovernmental Panel on Climate Change report published Friday found that to remain below the worldwide agreed upon goal of restricting warming to 2 degrees Celsius (compared to pre industrial levels), only 1 trillion (1000 PcG) cumulative tons of carbon may be burned, though that doesn’t contain room for methane emissions. The report says we have burned 531 PcG, or 53% of the world-wide carbon budget.
Levin, a WRI senior associate, interprets that carbon-based fuel to years and concludes that that given the current growth rate in emissions, the entire world’s carbon budget will be invested in three decades.
In Addition, setting emissions milestones — including 2020, 2030 and 2050 targets — will help, particularly for the investment community, she says.
The IPCC report concludes climate-change is occurring also it’s disrupting all facets of the global market, including supply chains, commodity markets and the whole financial and accounting industry, Lubber said. While company momentum to innovate new strategies and products to handle climate risks and opportunities is growing, she says scaling these efforts to slow global warming will need stronger carbon reducing policies globally.
Also on Friday, Ceres president Mindy Lubber tackled the carbon budget and what IPCC conclusions suggest for insurance companies and businesses. Her message: quit burning fossil fuels now.
The Key to Far East Business
November 12, 2013
Sustainability isn’t any longer of interest to huge companies; smaller businesses are just nearby. Product sustainability has become crucial for Asian businesses.
The strongest obligation for providing sustainable products originates in the Far-east, with 95% of respondents firmly believing it’s a crucial variable for the successful operation of their company. About Ten percentage points over in Europe and The United States.
Sustainability is really a core problem not only for moderate and big businesses, but also for little ones also. Actually, 83% of businesses using less-than 50 individuals want to produce products. As outlined by The Worldwide Business Sustainability Report 2013 by UN Global Compact Compact, large businesses still lead the way but, smaller businesses are catching up.
What respondents think is significant, and what they really do, is different. Figures become smaller when individuals are requested if they now market products.
Nevertheless these aspects are a vital concern internationally, notably environmental effect, which records percentages somewhat below-average just in The United States (88%).
Pressure from clients (90%) is the top cause for Far-eastern businesses to produce products. Ultimate customers (76%) and company guidelines (83%) come next after. Stress is weaker in other regions, particularly in South & Central America.
In China, sustainability is an essential component also for financers. In Europe, they have been not as powerful than in almost any other area (39%) and they’re really not that critical to Americans both, in reality only 43% claim to get pressed by financers to concentrate on sustainability. When questioned about the future, experts from all-world regions support that clients as well as corporate policies will persist to be the primary drivers however they also anticipate a growing pressure coming from nearby communities (15%), Non governmental organizations (14%), ultimate customers (13%) and regulators (12%).
However, what should businesses do as a way to provide more sustainable goods? Initiatives are taken by them over the entire life cycle of the things it is that they make. Nonetheless small businesses are intensely focusing on these problems also.
companies applied initiatives aiming to lessen waste (76%), power use (80%) and water ingestion (62%) and to prevent use of dangerous materials (73%). Proportions are even greater when contemplating Chinese businesses just. Central & South American businesses also are quite dynamic, while Europe and The United States are a step behind.
Corporations are engaged in various actions of various sorts however, thus far sustainability is largely focused on safeguarding the ecosystem.
Green Business is GOOD!
November 5, 2013
Global authorities’ inaction and too little direction is certainly stressing but, at once, the proactive strategies of several leading edge businesses are supporting. As Jonathon Porritt, manager of Forum for the Future, noticed, a “governing change” is happening within the area of sustainability, with authorities stepping back and companies stepping forward to lead the change.
Unilever plans to double its earnings over the next ten years while halving the environmental effect of its own products. Closer to home, Sainsbury’s has declared its industry leading “20×20 Sustainability Strategy” that is the basis of the organization’s business strategy. It appears to get on-track. In April this year, Sainsbury’s said it had reached its goal of the 50% relative decrease in water ingestion.
Tesco has declared that it’s going to reduce emissions from shops and distribution centers by half by 2020 and that it’s going to eventually be a zero-carbon business completely by 2050. Toyota, currently in its fifth five-year Environmental Action Program, declared that it’ll enhance the average fuel-efficiency of its own vehicles by 25% in most areas by 2015 compared to that of 2005. In production, Toyota has decreased emissions per-vehicle by 47% between 2001 and 2012.
Businesses for example Wal-Mart and Tesco, aren’t investing in environmental aims from the good in their hearts, and neither should they. The main reason behind their actions is really a simple yet strong realization the economical and environmental footprints are generally aligned. But, the initiative had created GBP 105m by 2011/12 according the firm’s report.
DuPont, among the early adopters, dedicated itself to a 65% decrease in greenhouse-gas emissions within the ten years ahead of 2010. By 2007, DuPont was saving $2.2bn annually through energy-efficiency, just like its total stated earnings that year. General Electric intends to lessen the energy level of its own operations by 50% by 2015. They’ve invested heavily in the Ecomagination job.
As soon as we avoid physical waste, increase energy-efficiency or improve resource productivity, we cut costs, improve profitability and boost competitiveness. Actually, there are frequently enormous “quick win” chances, because of years of disregard.
Environmental waste may be the greatest proxy for determining and eliminating financial waste. That’s the key of those businesses.
On The Other Hand, there’s a significant difference between leading edge businesses and the remainder of the pack in regards to the adoption of lean and green thoughts. There are way too many businesses still delaying creating a green and lean business setup, arguing that it’s going to cost money or demand ample capital investments. They stay caught in the “ecosystem is price” attitude. Being environmentally friendly doesn’t need to cost money. Actually going beyond compliance conserves price in once it generates money, so long as direction adopts the new green and lean paradigm.
Nevertheless, in many companies, environmental and economical constant development are separate organisational silos and occasionally even come into conflict with one another. That is really one of the largest chances overlooked across most businesses. Some businesses are employing green and lean as coincident sources of advancement in several sectors of business – from retailing and automotive to brewing and cloth.
The measurement of the chance is tremendous. It implies that among the greatest levers for giving this chance is “increased performance through management and behavioral change” – in other words, skimpy and green management.
The report puts the roi (ROI) for green and lean interventions at 233%. Inside my experience, that is traditional: most organisations can attain a much higher ROI when embracing the behavioral and managerial changes. Conversely, the DARA Team discovered that climate disruption is costing $1.2tn per annum, cutting international GDP by 1.6%. Un-addressed, this can double by 2030.
Here’s a good example. Several months back I caused among the greatest sandwich factories on the planet. A staff of excellent women and men engaged in a program to reduce waste utilizing problem-solving methods. Nobody anticipated to find almost 1000 tonnes of waste avoided in only several weeks in an exceedingly mature business.
Green NGOs & Corporations Cant be Friends
October 29, 2013
Recently the environmental plan is now greatly corporatised. Unimaginable several decades back, partnerships between large – brand businesses and environmental NGOs are becoming frequent. Now, the WWF receives financing from and works with Coke to “save” polar bears, and functions as “conservation companion” to IKEA.
Conservation International has partnerships with Wal-Mart and Starbucks. The Nature Conservatory has partnered with British Petroleum, Boeing, Shell, Monsanto, and Wal-Mart, among many more. Even Greenpeace, among the more traditionally anticorporate NGOs, is currently cooperating with Unilever and CocaCola to market “Greenfreeze” refrigeration technologies (though unlike others, Greenpeace doesn’t accept corporate backing).
Ties between environmental NGOs and the world’s biggest petroleum and gas businesses also have deepened. The bulk of those funds originated from Chesapeake Energy, among the entire world’s largest gasoline drillers.
And Antony Burgmans, a non-executive board member of British Petroleum, sits in the board of WWF International. Such links between environmental NGOs and the largest retail and energy companies on earth growing in number, and are now normal, without entirely new.
As Peter Dauvergne and I assert within our upcoming novel Protest Inc., corporate-NGO partnerships don’t represent a straightforward company takeover of activism. However they do illustrate a critical shift within the ethos and scheme of many NGOs. They represent the approval of the marketplace as an effective and appropriate instrument, and of companies as allies instead of adversaries whereby to pursue environmental goals. As much of the enormous environmental NGOs morph into international business style institutions, they’ve begun to value win-win average requires “definite and quantifiable improvement” and effect over more revolutionary disruptive needs to change the device.
A result of environmental NGOs choosing to cooperate with companies has been that more work has gone into consumer-driven and market-friendly activism – eco-labeling and eco-certification, for instance, which helps legitimize instead of challenge business-as usual.
Efforts including these may provide earnings to cash strapped environmental organisations and enhance the ecological footprint of individual items – but they’re not basically helping the earth, in fact they augment unsustainable patterns of usage and production world-wide.
Grass-roots environmental movements and groups continue to challenge and resist corporatisation. However, this really does not mean they’re unaffected by it. Our studies have discovered that at as international leaders praise corporate NGO partnerships, political leaders, police forces and court rooms in countries like the United Kingdom, USA and Canada handle road-level activists — especially those associated with direct motion — increasingly severely. Such actions just accentuate the power that businesses must weaken environmental activism, when credible options are smeared by organization.
The Rise of Coconut and It’s Economic impact
October 26, 2013
Coconut (Cocos nucifera) is one of the leading industries in the Philippines. According to a reliable source, the country is still the largest producer of coconut and coconut products, contributing to revenues and foreign exchange earnings through import and export.
Coconut is very versatile. One can find a hundred of ways on how to use its parts; from its leaves, fruit, trunk and roots. Every part of a coconut tree has its own use which is why coconut was branded as the tree of life. A lot of high valued- coconut containing products were manufactured, further magnifying the importance of coconut in the world’s industries. Among these products are Virgin coconut oil or VCO’s and activated carbon.
What are VCO’s?
VCO’s has many health benefits because of its antibacterial, antifungal and antioxidant properties. VCO’s are used in various commercial hair care and skin care products. It is also incorporated in some drugs because it is believed to cure some diseases like heart disease and certain type of infection. Activated carbon made from coconut shell is used medically and industrially.