… urging them to divest of all fossil fuel companies from their portfolio. The Foundation’s investment committee had formed a subcommittee to consider what to do, but Gentry admitted … university clients were either actively engaged in discussions about their exposure to carbon in their portfolio or had just framed a policy concerning carbon investing. Commonfund had been helping their clients think through these new investment considerations and evaluate potential methods to reflect such considerations …
… of critics and skeptics - spurred world leaders into action. In 1992, representatives from 178 countries met in Rio de Janierio, Brazil for a summit that led to the establishment of a … system for carbon credits in 2005, which led to an explosion of climate-related investmentopportunities in Europe, Latin America and Asia. A new industry around carbon finance …
… Pepsi has a new challenge. In 2007, PepsiCo became the first consumer company to use the Carbon Reduction Label (CRL) on packets of its Walkers Crisps potato chips in the United Kingdom. Developed by the U.K.-based Carbon Trust, the CRL is meant to communicate to consumers not only the individual product's carbon footprint but also the company's overall pledge to reduce that footprint over a …
… A global leader in the insurance and asset management business, AXA had risen to the top ranks … insurance firms. From the beginning, AXA’s CEO Claude Bébéar aspired to build the first global insurance brand. The company made a series of acquisitions in the 1990s, including … plan to grow the company. The plan called for harvesting slow-growing businesses in mature markets, investing in emerging markets, and reducing the company’s overall cost of …
… fuels, these models implied that human activity was a contributor to this increase in global temperature. During the 1980s, the models drew more scientific adherents as … were calling for drastic cuts in the consumption of fossil fuel. With its significant investment in new technologies, in 1998, GM believed the debate should be shifted to … were calling for drastic cuts in the consumption of fossil fuel. With its significant investment in new technologies, in 1998, GM believed the debate should be shifted to …
… standards developed in recent years for new buildings do not address much of the existing carbon emissions. In the face of the long replacement time, focus has shifted to retrofits … degree. Misalignment of incentives and perceived project risk are responsible for this underinvestment. Building owners and tenants do not always share reduced energy costs in a way that incentivizes owner investment. Financial institutions are reluctant to lend when any claim that they might make …
… in biofuel. This wide range of uses has stimulated cultivation and oil extraction; annual global production has increased more than nine-fold since 1980. By the 2000s, palm oil had … had been carved out of precious rainforest and peat land, resulting in the release of carbon into the atmosphere and the loss of habitat for rare rainforest species. Some palm … to letting plantations set aside land for conservation, since they wanted to maximize opportunities for small farmers. On the other hand, many communities had been in conflict …
… what was to come (the company’s market capitalization had doubled since its IPO in 2005). Global demand for wind energy remained strong and Suzlon had added significant capacity. … In June 2004, Tanti hired a Dane, Per Hornung Pedersen, to lead Suzlon’s entrance into the global wind market. It had been an opportune time to enter the international wind energy … work building Suzlon’s international presence. While Suzlon pursued wind farm projects in markets Pedersen had targeted, the company also made significant acquisitions. In 2006, …
… to find ways to spread the development costs over more units, leading it to expansion into globalmarkets. Cummins had found a business advantage in its early entry into China – first … became a major concern, particularly in the largest cities. Cummins had combined its global expertise with solutions developed in China for the China market. But the …
… that took them too far from the company’s central activity of retailing. The company’s investment group analyzed sustainability projects on the same basis as any other project, concentrating on return on investment. Gómez believed that the situation called for creative thinking. How could the … renewable energy projects off the ground? For the EVM wind farm, Walmart de México's equity investment was minimal, just sufficient to meet the requirements for Mexico's self-supply …