… the use of palm oil has been documented since ancient times, it is only in the past few decades that this tropical product has taken off in the international market. An invisible … in Indonesia. Founded in 1996 by the influential Widjaja family (operators of the Sinar Mas business group), GAR became the holding company for the family’s agribusinesses, including … the world’s leading exporter of crude palm oil. The palm oil boom, however, concerned environmentalists. Palm oil plantations had been carved out of precious rainforest and peat …
… A global leader in the insurance and asset management business, AXA had risen to the top ranks in terms of corporate responsibility (CR) as well. … CR into the core of the business. AXA’s business had grown rapidly over the previous decades. The company was formed in the 1980s through the merger of a few mid-sized French … new metrics was a tall order, but would be another step to establishing CR inside AXA. Eventually, the company aspired to produce an “integrated report” that would define the …
… Palm Oil Pledge (as the agreement was named) represented a dramatic advance in their decades-long efforts to protect the Indonesian rainforest from further destruction. One year … many environmentalists believed that the agreement represented a breakthrough. The events of 2015 suggested otherwise, forcing businesses, NGOs and sympathetic government officials to reconsider their positions and …
… public policy and grow his company's bottom line. Under Immelt's leadership, GE launched an environmental business initiative called "ecomagination" in 2005 that was rooted in four commitments: To … Jonathan Lash, who announced his support of the initiative at an ecomagination launch event in Washington D.C. Other environmental groups - particularly those that had fought GE …
… for a substantial percentage of its greenhouse-gas emissions. Given that it will take decades for these buildings to be replaced, the rigorous standards developed in recent years … Financial institutions are reluctant to lend when any claim that they might make in the event of a default is junior to the property mortgage holder. This is why the Environmental … cost for energy-efficiency upgrades and the subsequent cost savings. Source Yale Center for Business and the Environment Areas of Focus Sustainable Finance and ESG Clean Energy …
… climate change resilience in South Africa. The company claimed over 22% of all insurance business in South Africa and provided over half of the country's crop insurance. Crop … To underwrite these agricultural policies, Santam used its risk assessment expertise and decades of weather-related data to estimate the frequency of major weather events. It was widely acknowledged that climate change was likely to increase the frequency …
… had been a mainstay of the automotive industry for over 80 years. Nonetheless over the next decade, GM spent billions of dollars experimenting and building prototypes with an array of … and the government. While consumers generally indicated that they liked the idea of an environmentally friendly automobile, they did not want to give up the performance they had … more efficient diesel engines on the U.S. market. Meanwhile, international efforts to prevent global warming had accelerated. A series of UN-sponsored conferences, bringing …
… Statement: "We will demand that everything we do leads to a cleaner, healthier and safer environment." The mission statement had led to a detailed corporate Code of Conduct, and … costs over more units, leading it to expansion into global markets. Cummins had found a business advantage in its early entry into China – first meeting China’s need for high … costs over more units, leading it to expansion into global markets. Cummins had found a business advantage in its early entry into China – first meeting China’s need for high …
… After commissioning two wind turbines, Tanti discovered that wind energy was an even better business than textiles. Within six years of its incorporation, Suzlon had become the … global wind market. It had been an opportune time to enter the international wind energy business. The demand for electricity was booming, while environmental concerns over greenhouse gases emitted by coal-fired electrical plants had …
… Wolf Capital Management in New York. “What we’re looking for is something that has a solid business at its core, but that has enough other extraneous problems that most people at a … and it had put the mill up for sale. Due diligence suggested that the mill had a good core business. The mill also presented some significant problems: financial, environmental, political, labor, and operational. With the bursting of the housing bubble, …