15 June 2010

Man U Reds go green, M&S and India cotton, more reporting requirements, greening supply chains, and other news for business

Top Stories

Obama: Gulf spill 'echoes 9/11'.reliability high.
"Obama--facing mounting criticism of his handling of the BP gusher, even from longtime allies--vowed to make a "bold" push for a new energy law even as the calamity continues to unfold. And he said he will use the rest of his presidency to try to put the United States on a course toward a 'new way of doing business when it comes to energy.' 'In the same way that our view of our vulnerabilities and our foreign policy was shaped profoundly by 9/11,' the president said in an Oval Office interview on Friday, 'I think this disaster is going to shape how we think about the environment and energy for many years to come.'" See Politico.

Second Carrots and Sticks Report Surveys Current Status of Sustainability Reporting.reliability high.
"The new report, published by the GRI in partnership with the UNEP and KPMG, surveys the current landscape of sustainability reporting, noting the dominant trends that have taken hold since 2006 and providing recommendations for a basis of sustainability reporting in which what Isabella Pagotto, Manager of Governmental Relations & International Organizations for the GRI, described for SocialFunds.com as 'a proliferation of regulations, as well as a trend toward greater coherence' in the international arena. 'One of the trends identified in the report is that governments are becoming more and more important,' Pagotto told SocialFunds.com. 'More governments are making sustainability reporting mandatory.'" More highlights. From Greener World Media. PDF of report here.

Companies, Industries, Markets and Supply Chains

The Reds go green after achieving Carbon Trust standard.reliability high.
"Manchester United Football Club has become the 250th company in the UK to achieve the Carbon Trust Standard for reducing its carbon emissions by 10 per cent. ... It has also reduced energy consumption across Old Trafford through direct light “switch-offs” on non-match days and optimising the control system for heating and ventilation of the stadium. Reducing lighting by 50 per cent in the North Stand tunnel alone is already saving the club £10,000 each year, The Carbon Trust said. For financial year 2008/09, Manchester United's carbon management efforts helped the club save over £125,000 in electricity, £110,000 in gas and £235,000 in total energy use in seven months." Story at Crain's Manchester Business.

Marks & Spencer set to replicate Andhra Pradesh green story.reliability high.
"UK's largest apparel retailer Marks & Spencer said its "cotton sustainability project" in Warangal district of Andhra Pradesh had started bearing fruit. The company is ready to increase the number of farmers under the project from 1,500 to 10,000. ... After two years, Sumner said, water use was down 50 per cent, pesticide use fell 80 per cent and synthetic fertiliser use was down 20 per cent. A fully functioning farmers' cooperative has also been established across 28 villages. Cotton, along with rice and sugar, is among the top three water-intensive crops in India." More at rediff from Business Standard.

10 Green NGOs Businesses Should Know About.reliability medium.
"Who are the NGOs that companies turn to most often -- and most effectively? To answer that question, we spoke with companies with long experience working with nonprofits, scanned our coverage over the last 10 years, and compared notes. Several NGOs stood out for their efforts to show the business community how they could operate leaner, greener, more profitably and more transparently." Ceres, EDF, Rainforest Alliance and others. From GreenBiz blog.

2009's 'Great Recession' Slashed Carbon Market in Half.reliability high.
"The value of the voluntary carbon market shrunk 47 percent to $387 million in 2009 as the recession shrank the amount of offsets purchased for corporate social responsibility purposes. Transactions for the year equaled 94 million tons of carbon dioxide (CO2) emissions reductions, a 26 percent decline from 2008, despite growth in emissions reductions bought for pre-compliance purposes, according to the State of the Voluntary Carbon Market Report 2010." Story at Greener World Media. Access report here.

Impact of B2B Green Marketing in an Increasingly Environmentally Conscious World.reliability medium.
"Today, however, with more major companies becoming environmentally-conscious — with some even mandating the purchase of 'Green' products that save energy, conserve resources, reduce emissions, and are biodegradable or recyclable – and government agencies implementing Environmentally Preferred Purchasing (EPP) plans, there is a new variable in this age-old mix. ... For these companies, agencies, and institutions whom are mandating the purchase of green products, green has become a fundamental part of the decision making process." How to present yourself and your product? Example from Miura Boiler. See Environmental Leader.

Unifi Integrates Sustainable Supply Chain.reliability high.
"In the mid 2000’s, Unifi developed REPREVE recycled polyester to provide customers and consumers with an eco-friendly, 100 percent recycled product that performs like virgin fibers and conserves natural resources. To improve the availability of recycled raw materials and significantly increase the company’s product capabilities, Unifi will invest in the backward integration of the REPREVE supply chain. In addition to providing greater control over the production of the recycled chip that is used to make REPREVE polyester fibers, the new recycling technology will provide opportunities to recycle post-consumer and post industrial fabric waste back into REPREVE." Environmental Leader story.

Government and Regulation

Delaware raises $2.1 million from auction of CO2.reliability high.
"Delaware raised $2.1 million last week at the latest regional auction of credits for power plant carbon dioxide emissions, completing the deal on a day when Congress was squabbling over federal authority to regulate the very same pollutant. The sale brought Delaware's total earnings from Regional Greenhouse Gas Initiative (RGGI)  membership to $16 million, with nearly all of it earmarked for energy efficiency and conservation programs or aid for clean energy activities." See Delawareonline.

[Crossposted from HaraBara.com courtesy of HaraBara, Inc. Copyright © 2010 HaraBara, Inc.]