Corporate responsibility advocates were quick to label the story a win from a stakeholder engagement standpoint, and it surely shows what can happen when consumers take action. But it also begs the question: Why Walgreens?
Policy & Government
A catch all category for government, politics and initiatives to influence either.
It might seem like a strange partnership between a nonprofit and a huge nation, but it might work. TNC’s Conservation Blueprint project identified 32 regions that the organization and the Chinese government believe are most vital to the country’s environmental future.
Growth in 2013 was modest, but the U.S. continues to be a world leader in installed wind power capacity. Prospects for 2014-2015 remain cloudy, however, given the expiration of the federal PTC and policy uncertainty, according to two reports released by the Department of Energy.
“The 20th century economy was powered by big corporations that standardized everything because they never really knew their customers,” explains Brian Chesky, the 32-year-old founder of sharing economy darling AirBnB. “The 21st century economy will be powered by people.” Once again, it’s time to adapt or die.
Germany’s Munich City Utilities and Sweden’s Vattenfall announced they will invest $1.6 billion in building Sandbank, an offshore wind farm capable of producing 1.6 terawatt-hours of clean, renewable electricity.
If approved, Prop 47, known as the Reduced Penalties for Some Crimes Initiative, will reduce the penalty for most nonviolent crimes from a felony to a misdemeanor and direct the money saved from incarcerating fewer individuals — estimated to be between $150 million and $250 million each year — to a Safe Neighborhoods and Schools Fund.
China installed 12 GW of new solar PV power generation capacity in 2013, a whopping 232 percent year-over-year increase. New solar PV power capacity in Germany, in contrast, dropped a sharp 56.5 percent to 3.3 GW, while Italy’s fell 55 percent to 1.6 GW.
Lyft and Uber have announced new features that could bring them closer to true ridesharing than ever before. Last week, Lyft launched its new “Lyft Line,” which allows users to share rides with strangers going along similar routes. Not to be outdone, Uber preemptively announced that it would be launching a similar feature — UberPool — on August 15.
As marriage equality legislation makes its way through courtrooms across the country, it’s clear that equality will soon be the norm rather than the exception. While some companies still hang on walls of shame across the blogosphere for their persistent opposition to LGBT equality, an ever-growing list of forward-thinking firms are turning up the volume in their support for diversity.
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.
Local authorities in Beijing announced that the city will ban coal sales and use by 2020 to reduce air pollution, Xinhua News Agency reports. Six Beijing districts will not be using coal and will close coal-fired power plants by 2020.
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.
GDP doesn’t actually tell us much about the value of natural capital, like clean air or healthy forests. Such natural goods and services, despite their great economic contributions, are largely viewed as free. We need a better metric that accounts for not only monetized economic wealth but, more importantly, includes vital environmental and social factors.
It looks like the World Bank is succumbing to budgetary pressures and choosing to neglect its human rights responsibilities as the world’s largest and most influential development bank.