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T. Rowe Price’s CSR Report Shows Emissions and Waste Reductions

T. Rowe Price’s CSR Report Shows Emissions and Waste Reductions

T. Rowe Price has published its 2016 – 2017 corporate social responsibility report. The Baltimore-based global investment management organization demonstrated reductions in greenhouse gas emissions per associate over a six-year period. Between 2010 and 2016, the firm’s total GHG emissions went down 4% and were reduced by 31% per associate, … Read more »

Emerging Sustainability Accounting and Investment Methodologies Dig Deep

Emerging Sustainability Accounting and Investment Methodologies Dig Deep

Investors frequently assess companies based on their sustainability data, but corporations currently lack a standardized and widely accepted framework to share that information. As major fund providers like Vanguard, State Street, and BlackRock push for better ESG disclosures, new methodologies are emerging. One is an industry-specific disclosure framework from the … Read more »

Super Bowl Zero-Waste Rush2Recycle Program Results Are In

Super Bowl Zero-Waste Rush2Recycle Program Results Are In

The 2018 Super Bowl debuted a collaborative effort called Rush2Recycle that targeted zero waste at US Bank Stadium in Minnesota. NFL, PepsiCo, Aramark, US Bank Stadium, and the Minnesota Sports Facilities Authority hoped to recover at least 90% of the waste generated on gameday. Now the results are in, and … Read more »

Singapore Will Levy a Flat Carbon Tax on Companies Starting Next Year

Singapore Will Levy a Flat Carbon Tax on Companies Starting Next Year

Singapore will begin levying a carbon tax starting in 2019 in an effort to reduce the country’s greenhouse gas emissions and help make companies there more competitive. Finance minister Heng Swee Keat announced that facilities across all sectors that produce 25,000 metric tons of GHG or more annually must pay … Read more »

Bridgestone Receives CDP’s Highest Rating for Supplier Engagement

Bridgestone Receives CDP’s Highest Rating for Supplier Engagement

Bridgestone announced that it has received CDP’s highest rating for supplier engagement for the second year in a row. The A rating comes from the manufacturer’s efforts to reduce carbon dioxide emissions throughout all areas of its products’ lifecycles, from raw material procurement all the way to disposal and recycling, … Read more »

What an Aging Infrastructure Means for Businesses in the United States

What an Aging Infrastructure Means for Businesses in the United States

Modernizing the country’s aging infrastructure has been at the top of the American to-do list for years. At the same time, the US government only spends about 3% of GDP on this area. This month the White House released a sweeping plan to rebuild roads and bridges nationwide: “Legislative Outline … Read more »

European Institutions Offer $370 Million for Sustainable Maritime Shipping Projects

European Institutions Offer $370 Million for Sustainable Maritime Shipping Projects

The European Investment Bank and ING signed an agreement this week for 300 million euros ($370 million) to support green investments in the European maritime shipping market. Each institution will contribute 150 million euros to a sector risk-bearing facility for projects that improve transport vessels’ environmental performance. “It’s no secret … Read more »

Heineken Commits to 70% Renewable Energy in Production by 2030

Heineken Commits to 70% Renewable Energy in Production by 2030

Heineken has committed to increasing its share of renewable energy in production from the current 14% level to 70% in 2030. The Dutch brewing company also announced that it will set carbon emissions reduction goals for distribution, cooling, and packaging through a new program called Drop the C. Throughout the … Read more »

Sustainability Accounting on the Rise: Q&A with SASB’s David Parham

Sustainability Accounting on the Rise: Q&A with SASB’s David Parham

What does the new wave of ESG accounting mean for corporate leaders? David Parham, deputy director of research at the Sustainability Accounting Standards Board, offers key insights.

Owens-Illinois Achieves Cradle to Cradle Gold Rating in Industry First

Owens-Illinois Achieves Cradle to Cradle Gold Rating in Industry First

Glass container manufacturer Owens-Illinois (O-I) is the first food and beverage packaging company to receive gold-level certification for material health and re-utilization under the Cradle to Cradle standard. Based in Perrysburg, Ohio, O-I makes glass packaging for leading brands and had revenues of $6.9 billion last year. Certification is based … Read more »

G-Star Raw Completely Transforms the Denim Production Process

G-Star Raw Completely Transforms the Denim Production Process

Only a few years ago, Dutch denim-maker G-Star Raw was drawing ire from Greenpeace. Activists pasted posters on store windows in seven countries, urging the brand to sign up for its Detox campaign, which challenges popular clothing brands to stop using hazardous chemicals. “No one likes a greenwasher,” a Greenpeace … Read more »

Drone Package Delivery Could Cut Emissions, per Scientific Study

Drone Package Delivery Could Cut Emissions, per Scientific Study

A scientific study published this week in the journal Nature Communications shows that using small electrically-charged drones to deliver commercial packages generally consumes less energy per package than delivery trucks. For the paper “Energy use and life cycle greenhouse gas emissions of drones for commercial package delivery,” authors from Lawrence … Read more »