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Tool Calculates Pharmaceutical Products’ Carbon Cost

Tool Calculates Pharmaceutical Products’ Carbon Cost

The Carbon Trust and the Association of the British Pharmaceutical Industry (ABPI) have launched a spreadsheet tool to help UK companies estimate the carbon footprint of tablet medicines in blister packs. The tool, which the organizations say is a first of its kind for the pharmaceutical sector, was funded by … Read more »

Sustainability Board Launches First Sector Standards, for Healthcare

The Sustainability Accounting Standards Board has released its first set of provisional, industry-specific standards, targeting the healthcare sector. SASB’s provisional standards are available for six industries in healthcare: biotechnology, pharmaceuticals, medical supplies and equipment, healthcare delivery, health care distributors and managed care. The standards address the environmental, social and governance issues … Read more »

Container ship Olga Maersk

Policy & Enforcement Briefing: Feds’ Carbon Cost, Ship Emissions, ‘Sue and Settle’

Rep. Duncan Hunter (R-CA) introduced a bill that would force the White House to seek public feedback on its estimate for the social cost of carbon. The administration raised its estimate to $38 per metric ton in 2015, from $23.80, as part of standards for microwave ovens. But the calculation … Read more »

Integrated Reporting

Integrated Reporting Making Progress, Needs to Catch Up

Companies have a long way to go before the reality of integrated reporting catches up with the ambition, according to a PricewaterhouseCoopers (PwC) survey of the current reporting by large companies involved in the International Integrated Reporting Council (IIRC) pilot program. One hundred companies across the globe are part of … Read more »

Only 1.4% of S&P Companies Have Fully Integrated Reporting

Only 1.4% of S&P Companies Have Fully Integrated Reporting

American Electric Power, Clorox, Dow Chemical, Eaton, Ingersoll Rand, Pfizer and Southwest Airlines are the only companies in the S&P 500 — just 1.4 percent of the total — with fully integrated annual financial and sustainability reports, according to a study from the IRRC Institute and the Sustainable Investments Institute … Read more »

Pfizer Integrated Report: Emissions Up Relative to Sales

Pfizer’s absolute scope 1 and 2 GHG emissions fell 4.8 percent from 2011 to 2012, to 2.4 million metric tons CO2e, while its revenue fell by 9.6 percent, according to the company’s third integrated annual review, which summarizes the company’s 2012 financial, environmental and social responsibility performance. Pfizer says it … Read more »

Policy & Enforcement Briefing: SCOTUS on Logging, NV Energy ‘Phony’ Reports, Pfizer

The US Supreme Court has voted 7-1 to reverse a 9th US Circuit Court of Appeals ruling that active logging roads need Clean Water Act permits to help control their runoff, the Oregonian reports. SCOTUS ruled on a lawsuit by the Oregon-based Northwest Environmental Defense Center. Last year the EPA issued … 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 »

Policy & Enforcement Briefing: Rio+20, Passaic River Superfund, MATS, EPA Budget, Plastic Bags

The draft agreement put forward by United Nations envoys for the Rio+20 conference addresses cuts in fossil-fuel subsidies, provides support for renewable energy and includes measures to protect oceans; yet, environmental groups have called the text titled “The Future We Want” a watered-down “polluter’s charter” with all tangible outcomes removed … Read more »

GM, Microsoft, Diageo Gave to Climate-Denier Think Tank

Microsoft, General Motors and Diageo are among the companies that have donated money to the Heartland Institute, a free-market think tank that denies the ongoing existence of global warming, according to the Guardian. The newspaper cites industry watchdog site DeSmogBlog, which says a think tank insider leaked it confidential documents … Read more »

Standards & Compliance Briefing: Climate Bonds, ISO 50001, Cradle to Cradle, Green Leaf

The Climate Bonds Initiative has released a prototype Climate Bond Standard – a screening tool for investors and governments to support investment in the “Low Carbon Economy.” Business opportunities that offer investment-grade returns and also address climate change can be certified as Climate Bonds. The release follows six months of … Read more »

Pharma Sets Few Supply Chain Goals, Report Finds

Pharma Sets Few Supply Chain Goals, Report Finds

Pharmaceutical companies are “all over the map” in terms of their environmental goals and transparency, but largely don’t set targets for their supply chains, according to a new report. Green Research found that major pharmaceutical companies have between five and six public environmental sustainability goals, each on average. AstraZeneca leads … Read more »