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.
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.
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.