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.
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.
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.
A new study found that most seabirds have plastic in their guts. The ocean can have as many as 580,000 pieces of plastic per square kilometer. Imagine if your house floor was covered in thousands of Lego pieces, and then you had to eat those Lego pieces for breakfast. Now you know what it feels like to be a seabird.
Based on logic, the arguments are solid: Change our behavior today to preserve current living conditions for future generations. So, what’s stopping us on an individual, consumer level?
“All businesses, like humans, fight death. And fight [the fossil fuel industry] will, with all the considerable power they have,” Paul Gilding, former executive director of Greenpeace International, wrote in Australia’s REnewEconomy. “But in the end, the fossil fuel giants have no strategy that involves fossil fuels which makes any business or economic sense.”
There’s a popular anecdote repeated in rural Piscataquis County, Maine, where a general store owner has said, “I feel the AMC (Appalachian Mountain Club) in my cash register.”
Climate change economics is emerging as a disruptive mega-trend driven by estimates that the cost of global climate change will reach a staggering $72 trillion. Obesity is now projected to carry a global economic cost of more than $100 trillion during the 21st century. In response to these alarming economic realities, a revolution is stirring in who customers buy from, the way investors allocate funds and the companies set to rise to the top.
Our world is full of single-use plastic, meant to be used once and thrown away. And though some of it — depending on the type of plastic — could potentially be recycled or downcycled, the truth is that the majority of it becomes instant garbage, and much of it is winds up fouling our oceans and environment.
Tesla’s Model S P85D sedan just broke the record for the best car ever, according to Consumer Reports. It scored 103 out of 100 possible points. This Tesla can accelerate from zero to 60 miles per hour in 3.1 seconds on “insane” mode. If that’s not fast enough for you, you can buy the $10,000 ludicrous mode upgrade that shaves the zero-to-60 down to 2.8 seconds.
I’ve spent more than 25 years working on major extractive projects around the world, helping operators and planners to engage and collaborate with local communities and address local concerns, to earn and maintain a ‘social license’ and align community and shareholder interests. Last week a major liquified natural gas (LNG) project was announced for my backyard: 2.5 miles from my home on Vancouver Island in Canada and right beside where I love to catch prawns and crabs with my little boat.
World Water Week is going on right now in Stockholm, Sweden. This year marks the 25th edition of the annual international event aimed at calling attention to issues surrounding water. A new tracking tool was launched at the event that may help businesses rethink water risk.