Underscoring the buy-in of the business community on climate action is a bold commitment from a group of top Fortune 500 companies: to meet 100 percent of their electricity needs using renewable sources.
Category: New Economics
This category is about the relation between business economies and sustainability and CSR. Company economies have great impact on how much effort they put into their CSR strategy and incorporating green strategies can have an effect on company growth.
Today, 1.2 billion people, or almost a fifth of the world’s population, live in areas of water scarcity, and, according to the U.N., this number will climb to almost 2 billion by 2025. The good news is that citizens, governments and businesses are waking up and acknowledging the importance of water stewardship.
Tax policy can enhance the social impact of business and support business at the same time, says Wayne Dunn, president of the CSR Training Institute. We are seeing some governments making corporate social responsibility (CSR) policy into a tax, setting minimum amounts that companies must spend on CSR, often with little thought for value and impact.
Dunn puts forward the case for replacing that with its polar opposite – using tax breaks to incentivize and enhance CSR to everyone’s benefit.
Most endowments are the result of wealthy individuals setting aside money for a particular cause or set of causes. Or, in the case of universities, it is the result of an accumulation of donations and grants. So, it makes sense that we don’t have thousands of massive endowments. On the other hand, we have witnessed numerous injections of capital into the economy by the federal government in the form of stimulus packages and quantitative easing. So, why don’t we have more big endowments?
The three Rs, reduce, reuse and recycle have become the mantra for the 21st century. But wearable tech, and the invention of components invisible to the naked eye, are shifting the way we think about our favorite gizmos and what we do with them when they have reached the end of life cycle.
Once we get the plastic out of the ocean, what do we do with it? Will today’s 3-D printing industry offer an option? We turn to experts for the answers.
The U.S. Environmental Protection Agency’s new Clean Power Plan has been heralded as a major step toward a low-carbon economy in the United States. However, the plan’s impact on water resources has been largely overlooked, even though power plants are significant water users across the U.S., accounting for 45 percent of total water withdrawals.
The painful truth is that solving the problems of human and environmental disease is one of the only guaranteed growth industries. That may sound like a dismal pronouncement, but I also see it as the greatest opportunity of our time.
University students like Anel, Mavutho and Umar are participating in the U.S. Department of State Exchange Visitor Program, which provides more than 80,000 students the opportunity to live and work in the United States on a J-1 Summer Work Travel visa during their summer break.
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.
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.
“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.”