As world leaders prepare to convene in Paris to discuss an international climate agreement, a growing number of private firms are contemplating their role in a low-carbon future. Expect big announcements from the public and private sector at Climate Week NYC 2015.
Category: Climate & Environment
This category is climate change in relation to sustainability and CSR and how these segments effect one another. This includes how climate change has started to cause a wide range of physical effects with serious implications for investors and businesses, and how the business sector discloses climate risks and manage them.
There are a number of reasons that the hospitality industry should be at the forefront of reducing water usage. For starters, it would benefit them: Hotels will often pay twice for the water they use, purchasing fresh water but then disposing of it as waste. Indeed, it’s been estimated that they could cut down the amount of reduced water by up to 50 per cent, per guest, per night if they put the right processes in place.
The landscape of climate-oriented finance, says Sean Penrith, executive director of the Climate Trust, can be boiled down to one overwhelming message: Just get out there and do it!
The much evidenced toxic impact of petrochemical lubricants makes a case for the use of bio-based lubricants, which unfortunately still constitute a very small portion of the global lubricants market. But that’s beginning to change.
The 651 biosphere reserves spanning over 120 countries protect and preserve the immense diversity of life on our planet. The value and benefits they provide to sustain life on Earth are largely invisible. But an immense opportunity exists for global companies to champion the cause of these reserves as part of their corporate social responsibility (CSR) initiatives.
“It is clear that if the Paris meeting locks in present climate commitments for 2030, holding warming below 2 degrees Celsius could essentially become infeasible, and 1.5 degrees Celsius beyond reach. Given the present level of pledged climate action, commitments should only be made until 2025,” said Bill Hare, founder and CEO of Climate Analytics.
Just about everyone who is paying attention to climate change is looking forward with anticipation to the COP21 meeting in Paris. Indeed, many pundits have announced that the need for a significant actionable agreement is in the “do-or-die” range.
By greening economic growth, we can create prosperity and wealth — while also safeguarding our environment and our climate, argues Li Yong, director general of the United Nations Industrial Development Organization. That’s why, in a few weeks, the U.N. plans to make inclusive and sustainable industrial development one of the Sustainable Development Goals to be achieved by the year 2030.
The advocacy group Washington Carbon is attempting to add a carbon tax to the 2016 Washington State ballot. The initiative would tax fossil fuels at $25 per metric ton of carbon dioxide. That’s 25 cents per gallon of gas.
Citibank’s new report says investing in low-carbon energy now would save everyone $1.8 trillion. In contrast, if everyone sits on the couch, eats potato chips, watches Netflix and waits until 2060 to take action, it will cost an additional $44 trillion.
Indonesia set new goals for 2030, and they call for aggressive changes in its emissions policies. With a new coal plant underway and more than 50 percent of its emissions due to deforestation and peat burn, some are asking whether those new goals will indeed be realistic.