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E&Y: Third of CEOs Making Final Decision in Energy Strategy

E&Y: Third of CEOs Making Final Decision in Energy Strategy

The largest global corporations are tackling potential future energy cost rises through executive-level engagement and proactive energy strategies, according to research by Ernst & Young. The Global Annual Cleantech Insights and Trends survey of 100 global executives at companies worth over $1 billion within energy intensive sectors found that for 36 … Read more »

IHS Makes Sustainability a ‘Measure of Success’

IHS says it has established a corporate sustainability goal that will join the company’s four other long-standing goals by which it focuses its efforts and measures its success. The analysis and software company did not define the sustainability goal, except to say that progress will be measured using the Dow … Read more »

More Companies Say Sustainability Needed to be Competitive

More Companies Say Sustainability Needed to be Competitive

Two-thirds of corporate leaders say management attention to and investment in sustainability rose from 2010 to 2011, according to a global study by MIT Sloan Management Review and The Boston Consulting Group. In the third annual Sustainability & Innovation Global Executive Study, sponsored by SAP and Shell, two-thirds of companies … Read more »

Corporate Sustainability More Well-Rounded, but Still Ad-Hoc, Survey Finds

Corporate Sustainability More Well-Rounded, but Still Ad-Hoc, Survey Finds

Most companies are making sustainability integral to their strategy, but still struggle to integrate it into their supply chain and budget, according to the sixth annual McKinsey Global Survey. The survey of 3,203 executives, from a range of regions, industries, company sizes and functional specialties, found a more well-rounded understanding … Read more »

Many CFOs Lack Involvement in Sustainability Strategy

Many CFOs Lack Involvement in Sustainability Strategy

Some 31 percent of chief financial officers say they are rarely involved or not at all involved in sustainability strategy and governance at their companies, according to a survey conducted by Deloitte. This hands off attitude is evident despite a majority of CFOs saying they are aware that sustainability will … Read more »

Comcast, Honeywell Slammed by CDP; UPS Tops Latest Rankings

Comcast, Honeywell Slammed by CDP; UPS Tops Latest Rankings

UPS, Consolidated Edison and Dow Chemical are among the top-ranked U.S. companies in the Carbon Disclosure Project’s annual carbon performance and disclosure ratings for the S&P 500, as more and more corporations are putting senior executives in charge of climate change programs. The CDP S&P 500 Report 2011, written by … Read more »

Philips, Bayer Top CDP Rankings; Amazon, Apple and Warren Buffett Fail to Respond

Philips, Bayer Top CDP Rankings; Amazon, Apple and Warren Buffett Fail to Respond

Philips Electronics, Bayer and Cisco have topped the Carbon Disclosure Project’s 2011 carbon performance and disclosure rankings, as for the first time, a majority of the world’s largest public companies report that climate change actions are embedded in their business strategy. This year’s Global 500 report (pdf), written by PricewaterhouseCoopers … Read more »

Facebook, Amazon Panned on Energy Management and Transparency

Facebook, Amazon Panned on Energy Management and Transparency

Amazon, Netflix, Facebook and other major internet firms are failing to adequately disclose their carbon footprint, according to a report by independent analyst Verdantix. The report, Carbon Strategy Benchmark: Internet Sector, finds that Akamai, Apple and eBay outpace their global competitors on energy efficiency enhancements and transparent disclosure of carbon emissions. … Read more »

NYC Seeks 30% GHG Reduction in Updated Plan

New York City aims to reduce greenhouse gas (GHG) emissions by more than 30 percent and divert 75 percent of its solid waste from landfills, under an updated sustainability strategy announced last week. Mayor Michael Bloomberg announced the update to the four-year-old PlaNYC strategy, which he said has already reduced … Read more »

Adidas Launches 2015 Group Environmental Strategy

Adidas Launches 2015 Group Environmental Strategy

Adidas has achieved targets to launch a sustainable supply chain program and finalize its 2015 group environmental strategy, but has missed targets on ISO 14001 certification and on monitoring its environmental footprint. The group’s Sustainability Report 2010 outlines the Adidas Group Environmental Strategy 2015, a plan to reduce the company’s … Read more »

Tradestation, Xilinx Sanguine on Energy Prices

Xilinx and Tradestation are among companies that have reported little negative impact of rising energy costs on their business. Moshe Gavrielov, CEO of semiconductor maker Xilinx, told The Street that energy is only a small part of the company’s product costs, and rising energy costs have not had a significant … Read more »