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industrial plant emissions

Will New Analysis Raise US Business Support for Carbon Pricing Policy?

As global companies increasingly rally behind putting a price on carbon, new analysis from the World Resources Institute finds a carbon price — either a carbon tax or cap-and-trade program — would reduce emissions even more than the US Energy Information Administration has predicted. In WRI’s new issue brief, Putting … Read more »

construction workers

EHS Programs Reduce Risks, Increase Revenue

BP has paid $25.4 billion in environment, health and safety cases brought by federal regulatory agencies since 2010, according to a database that tracks major EHS violators. But the oil giant isn’t alone in its staggering EHS compliance costs. Seven other major firms — including Anadarko Petroleum ($5.2 billion) and … Read more »

Environmental Executive Moves: Dupont, LG Chem Power, Kurion, AECOM Waste Management

Here’s the latest news on hirings, promotions and departures among environmental leaders. Dupont: The chemical company has appointed Edward Breen (pictured), a current member of the DuPont board of directors and chairman of Tyco International, as interim chair and CEO. Ellen Kullman, chair and CEO of DuPont, is retiring on Oct. … Read more »

Steve Fisher Novelis

Environmental Executive Moves: Novelis, CLEAResult, Eco Building Products, Bigbelly

Here’s the latest news on hirings, promotions and departures among environmental leaders. Novelis: The aluminum recycling and rolled products manufacturer has named Steve Fisher (pictured) as its president and chief executive officer. Fisher previously held the position of chief financial officer and has been serving as interim president and chief … Read more »

How to Improve Sustainability Oversight

Raising awareness of sustainability as a board-level issue is a key theme of the Director’s Handbook on Oversight of Corporate Sustainability Activities, co-produced by Ernst & Young with the National Association of Corporate Directors. The handbook details the state of sustainability governance and offers a how-to-guide for companies to elevate … Read more »

Shareholders Want Firms to Cut GHGs

Environmental shareholder proposal submissions remain high in 2014, according to an Ernst & Young report on the 2014 proxy season. Let’s talk: governance, 2014 proxy season review finds proposals on environmental and social topics accounted for the largest category of proposals submitted at 45 percent — a 5 percent increase … Read more »

Conflict Minerals Filings Below Estimates

More than 1,300 companies made their first conflict minerals filings in accordance with a new Securities and Exchange Commission rule, though the number was far less than expected, according to a report by Ernst & Young. Early estimates indicated around 6,000 companies would be affected by the rule and that … Read more »

Sustainability Reporting Changes Top EY’s 2014 Trends List

The forthcoming conflict minerals reporting deadlines and transition to the Global Reporting Initiative (GRI) G4 reporting are among the 2014 sustainability trends that Ernst & Young’s Climate Change and Sustainability Services group have identified for companies. The top trends, according to EY, are: Meeting Dodd-Frank Act Section 1502’s approaching deadline. … Read more »

General Mills brands

General Mills’ Shareholders Vote on Post-Consumer Waste Strategies

General Mills’ investors will ask the company to take responsibility for recycling its post-consumer packaging waste at the firm’s annual meeting Sept. 24. At the company meeting in Minneapolis, shareholders will vote on a resolution asking General Mills to assess post-consumer waste strategies, including a policy that shifts responsibility for packaging … Read more »

Starbucks

Nike, UPS, Starbucks Shareholders Demand GHG Cuts, Sustainability Reporting

Investors filed 110 shareholder resolutions this proxy season related to sustainability issues and climate change with 94 US companies, according to business nonprofit Ceres, which helped coordinate the shareholder filings. Among resolutions filed with major US manufacturers, consumer brands and service providers, many investors requested board oversight of corporate sustainability … Read more »

water fountain

Water Infrastructure Improvement Price Tag $384bn

Some $384 billion in improvements are needed for the nation’s drinking water infrastructure through 2030, according to an EPA survey. The EPA’s fifth Drinking Water Infrastructure Needs Survey and Assessment identifies investments needed over the next 20 years for thousands of miles of pipes and thousands of treatment plants, storage … Read more »