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Employee Engagement in Sustainability Initiatives Helps Bottom Line

Bank of America’s My Environment employee initiative grew to 12,000 active employee participants in 26 countries within two years of its inception — just one example of how companies are engaging employees in sustainability initiatives and reaping financial benefits, according to a report by Jones Lang LaSalle. The financial services ... Read more »

Policy & Enforcement Briefing: Shell Drilling, Bee Vote, Enbridge Cleanup, $2.5m Pharma Penalty

Shell must provide a detailed plan addressing safety and operational issues that thwarted its efforts to extract oil in the Arctic Ocean last year if it wants to resume drilling off the coast of Alaska, the Interior Department said. Shell has already announced that it will not return to the Arctic ... Read more »

Cisco, IBM, Intel Win Climate Leadership Awards

Intel, Cisco Systems and IBM are among the 23 Climate Leadership Award winners selected by the EPA, the Association of Climate Change Officers (ACCO), the Center for Climate and Energy Solutions (C2ES) and The Climate Registry (TCR). The second annual awards honor companies, organizations and individuals that reduce GHG emissions ... Read more »

Democrats Canvas Walmart, NFL, Apple on Climate Change Strategies

Congressional Democrats’ Bicameral Task Force on Climate Change has written to Google, the NBA, the NFL, Walmart, Wells Fargo, the Clinton Global Initiative and more than 300 other organizations to canvas their opinions on combating global warming. The letter, which was also sent to companies including Whole Foods, Target, Ford, ... Read more »

Suppliers Trail Multinationals in Sustainability

A persistent gap exists between the sustainable business practices of multinational corporations and their suppliers, highlighting a lack of preparation to respond to climate change and the near-term risks it presents to businesses, according to research published by the Carbon Disclosure Project and Accenture. The study “Reducing Risk and Driving ... Read more »

Waterfree Urinals to Save Bard Over 500,000 Gallons

Bard College has replaced its flushing urinals with Falcon Waterfree Technologies urinals, which will save more than 500,000 gallons of water a year, according to the waterfree urinals maker. These water savings, the school says, will increase Bard’s Sustainability Tracking, Assessment & Rating System (STARS) score, which measures how environmentally ... Read more »

Bank of America Sustainability Report: Net CO2 Emissions Drop 7%

Bank of America’s net Scope 1 and 2 carbon emissions fell almost 7 percent from 2010 to 2011, but its revenues dropped by over 15 percent in that year, according to the company’s 2011 sustainability report. In 2011, the two combined scopes fell from 1.8 million to just under 1.7 ... Read more »

Bank of America to Cut Energy Use 25%, as Part of $50bn Environmental Initiative

Bank of America says it will reduce its energy consumption 25 percent by 2015, compared to 2004 levels, equal to eliminating 1.2 million MWh of annual energy use from its portfolio. Also by 2015, BoA plans to reduce its paper and water consumption by 20 percent, compared with 2010 consumption, ... Read more »

Most Respected U.S Companies Revealed

Food company General Mills has unseated Amazon as the most respected large company among U.S. consumers, according to research by the Reputation Institute – in the same year that the cereal maker dropped off Ethisphere’s Most Ethical Companies list. In the just-released 2012 U.S. RepTrak Pulse study of 150 companies, ... Read more »

JPMorgan, Citi, BofA Slammed Over Coal Investment

JP Morgan Chase, Citi and Bank of America have been branded the worst three “climate killers” in the financial sector over their large-scale investments in coal industries, in a report by German green group Urgewald, South African organizations GroundWork and Earthlife Africa Johannesburg and international financial sector monitor BankTrack. Figures in ... Read more »

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