… most heavily traded edible oil in the world. Golden Agri Resources (GAR) has been in the forefront of this palm oil boom in Indonesia. Founded in 1996 by the influential Widjaja … by The Forest Trust, another environmental NGO, GAR sat down with Greenpeace and in oftentense meetings hammered out an agreement that set forth guidelines for operating the … many observers, including Greenpeace, hailed the commitments as setting a new standard in sustainable palm oil production. Besides committing not to plant on any land that was …
… In 2014, the four largest palm oil trading companies signed an agreement to end deforestation, development of peat lands and exploitation of locals not only with their own … to mill, refine, and export the substance. However, oil palm cultivation had created social tensions as many rural inhabitants claimed that large plantation companies had violated … and sell their CPO directly to China and India; countries which had shown no interest in sustainable palm oil. Finally, the Indonesian government’s displeasure with IPO and the NDPE …
… financial backing, buy and erect the turbines, and begin generating electricity by 2010. For Walmart de México, becoming the wind farm’s off-taker accomplished a number of important … meet ambitious goals, looking to reduce waste in its and its suppliers' operations. In the energy area, the company was hoping to receive 50% of its energy from renewable sources by … de Monterrey, Mexico City Clean Energy Corporate Sustainability Equity and Justice Sustainable Finance and ESG Walmart de México: Investing in Renewable Energy … Walmart de …
… Harish Hande and the company he founded, SELCO, provide solar electricity for lighting and power to India's poor. For the work of his company, Hande has received … the particular needs of the urban and rural poor. The SELCO design process began with an extensive needs assessment of a particular segment or activity. Whether designing for street … the solar equipment and sometimes this meant restructuring activities so that solar energy could power a client’s needs. From his field research, Hande realized early in …
… oil company PEMEX had to find ways to implement this policy. Nevertheless, in spite of efforts by various government agencies as well as PEMEX, by mid-2014 no ethanol had been … into Mexico's gasoline supply. As Mexican policy makers looked at the country's energy supply, they expected that substituting bioethanol for some portion of gasoline fuel … demand for gasoline was growing, but the production of crude oil from the country's shallow-water wells in the Gulf of Mexico was decreasing and its deep-water reserves had not yet …
… In early 2014 Alcoa announced that Ford's F-150 pick-up trucks, the best-selling vehicles in the U.S., would use … $300 million expanding its Iowa factory and planned another $150 million on facilities in Tennessee to meet the demand generated by the Ford contract. The aluminum industry's growing … to losses in the auto market? Would carbon composites create a significant challenge? Sustainable Finance and ESG Circularity Equity and Justice Alcoa & the Auto Industry … Alcoa …
… Like many countries, Australia has a large existing building stock that is responsible for a substantial percentage of its greenhouse-gas emissions. Given that it will take … of greenhouse gases that these buildings emit and reduce their operating costs. While these energy-efficiency upgrades are often cash-flow-positive with the right loans, they have failed to penetrate the market to the …
… NY Green Bank (NYGB), New York State’s $1-billion clean-energy fund, and a young new efficiency company named Sealed signed a $5-million loan-financing agreement as a way to broaden the market for home energy-efficiency upgrades. In New York State, those upgrades face two key barriers … upgrade is a high out-of-pocket investment for a homeowner. Homeowners who make upgrades often have to pay cash outright or take out loans to spread the cost over time. Second, while …
… Ash award in policy innovation, the "Nobel of policy," upon the Connecticut Green Bank for its role in "sparking the green bank movement." The Green Bank used financial structuring to attract private capital to clean energy projects in Connecticut. Using transaction enablers and risk mitigants like loan … sheet, and a dramatic reallocation in its funding streams. After several months of intense political negotiations, on October 26, legislators swept $16.3 million annually from …
… finally produce a workable, global scheme to reduce greenhouse gasses in the environment. Unfortunately, the conference produced little concrete action and most agreed that the final … and requiring carbon allowances, the carbon market grew quickly and was valued at $64 billion by the World Bank at the end of 2007. Besides the European Market, a number of … as the cornerstone of its long-term business strategy, but the firm was also investing in energy-conscious real estate and private equity to continue its goal of "creating wealth …