… and engines were all designed to increase power, improve efficiency, and reduce pollution from diesel engines of all sizes. From its origins in a small Indiana town 100 years … under a formal Mission Statement: "We will demand that everything we do leads to a cleaner, healthier and safer environment." The mission statement had led to a detailed … Given its heavy R&D expense, Cummins had to find ways to spread the development costs over more units, leading it to expansion into global markets. Cummins had found a …
… 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 … House were calling for both a raid of the organization’s balance 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 the Connecticut Green Bank’s budget over the following two years. In 2017, nearly 90% …
… Island Infrastructure Bank (RIIB), a quasi-public state entity, sought to bring much-needed clean-energy finance into the state market. This case study describes how this bank set up … Portfolio Standard and a Systems Benefit Charge, which it leverages to support clean-energy activities. The Rhode Island Public Energy Partnership (RIPEP) was temporarily accelerating … use to refine and iterate the program. The EBF is an innovative structure to lower energy costs and tax burdens. In the following case study, we walk through the creation of the EBF …
… At the end of 2010, Jifan Gao, Trina Solar’s founder and chairman, wondered how his company could expand its presence in the United States market. In … that PV manufacturers had more capacity than demand and that solar modules were passing from a seller’s to a buyer’s market. At the same time, the oversupply was pushing prices … industry were, as yet, not well understood. Equity and Justice Sustainable Finance and ESG Clean Energy Trina Solar: Expanding in the U.S. Market … Trina Solar: Expanding in the U.S. …
… a biofuel. As a versatile plant with efficient, high yields, oil palm, and the oil derived from it has become a multibillion-dollar ($44 billion in 2013 according to Bloomberg ) … vegetable oils, production pressures have led to undeniable environmental and social impacts on both global and local scales. The most notable of those impacts stem from … In 2015, fires raged for months in Indonesia, severely impacting Indonesian and Singaporean air quality, displacing wildlife, and leading experts to assert that Indonesia was now a …
… the F-150 would be the first mass-market vehicle to be built with major body construction from aluminum. Alcoa spent $300 million expanding its Iowa factory and planned another $150 million on facilities in Tennessee to meet the demand … their production to steel components. In addition, aluminum faced competitive threats from other materials. Steel makers were working on lighter alloys to compete with aluminum. …
… sustainability indexes. Not content to rest on these laurels, AXA transferred its CR team from the department that included the Communications function to a newly created department combining the Strategy, CR, and Public Affairs functions together, to further integrate CR into the core of the business. AXA’s … these CR issues would add value to the company (e.g. by fostering innovation, by reducing costs), and then create metrics that would capture a business unit’s success or failure in …
… a franchised dealer network, seriously hurting the company financially and deviating from its mission to help the poor. As the company was recovering from this move, the price … spiked and sales declined. Investors put pressure on Hande to lay off employees and contract the organization. With the help of the World Bank’s commercial finance arm, the … to determining its continued success. Equity and Justice Sustainable Finance and ESG Clean Energy SELCO … SELCO Harish Hande and the company he founded, SELCO, provide solar …
… of peat lands and exploitation of locals not only with their own operations, but also from all of their suppliers. For environmental NGOs, the Indonesian Palm Oil Pledge (as the … oil (CPO) became the most highly traded edible oil. The palm oil boom had significant impact on economic development in rural Indonesia. Forty percent of Indonesia’s palm oil was … land-use laws were ambiguous and land ownership unmapped. This indeterminate state of affairs had led to widespread corruption, as companies ‘convinced’ local and national officials …
… renewable portfolio standard (RPS) was being predominantly met with out-of-state resources from Maine, New Hampshire, and Vermont, yielding little economic development benefits to … could fulfill it—even as falling incentives dropped more rapidly than decreasing installed costs. The need to maintain the momentum of the solar market’s growth led to a proposal for … from the Connecticut General Assembly. Equity and Justice Sustainable Finance and ESG Clean Energy Connecticut’s Residential Solar Program … Connecticut’s Residential Solar …