Investment in energy efficiency projects has been in a long-term decline, going back to a peak of about $2 billion annually in 1992, which has drifted down to about $1.2 billion in recent years. Chris Hummel, chief marketing officer of Schneider Electric, thinks that all of that is about to change. After ticking off some $7 billion in new financing going into efficiency from state banks in Europe and the U.S., he told the Guardian the reasons why energy efficiency is about to come roaring back.
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.
Wells Fargo is partnering with the Grameen Foundation’s Bankers Without Borders to expand its international volunteer Global Fellows program.
Participating in the EPA’s Green Power Partnership, over 650 U.S. organizations are now relying wholly on electricity supplied by clean, renewable energy resources.
As millennials we want our work to have meaning for ourselves and the world, and we place a higher value on consumer goods that have some sort of beneficial social or environmental impact. Although we are generally more conservative in our investment decisions than previous generations (can you blame us?), we are willing to take on more financial risk if it increases exposure to ESG impact.
A new report, issued by mainstream economic authority Standard & Poor’s (S&P), acknowledges, perhaps for the first time, that the extreme level of income inequality in this country is actually hurting the economy. In fact, the revered oracle has actually cut its forecast for economic growth (from 2.8 percent to 2.5 percent) based on these conditions.
U.S.-based oil and gas companies are reaping huge gains, thanks to advantages built into the federal tax code unavailable to other types of businesses, according to a study from Taxpayers for Common Sense.
Already in wide use, renewable energy certificate tracking systems offer states a cost-effective means of complying with the EPA’s proposed Clean Power Plan, according to a study from the Center of Resource Solutions and the Regulatory Assistance Project.
How much is a happy employee really worth? I bet many companies still ask themselves this question, wondering what the real value of employee satisfaction is. Fortunately, the academia is here to help with a new study looking at the relationship between employee satisfaction and stock returns, using lists of the “Best Companies to Work For” in 14 countries as their database.
Seventy percent of Twitter’s worldwide workforce is composed of men, and nearly 90 percent of its U.S. workers are white or Asian, according to new employment data provided by the social media company.
Wikileaks’ disclosure last week that the Australian government was investigating high-ranking officials from Indonesia, Malaysia and Vietnam in relation to a banking scandal was felt by commercial markets around the world. Heads of state are asking questions and Wikileaks readership is way up.
Bonding with friends and others has some roots in our family love; those bonds result in our having empathy for both family and friends, and ultimately our community. Corporations do not experience compassion or empathy; people do.