… 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 … dilemmas. The basic question was how should they frame their investment policies regarding carbon and what should be the objective of such a policy? There were many possibilities - …
… 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 …
… The Yale Farm was founded in 2003 by a group of students who wished to see the dining halls … they started a pilot project to introduce local, seasonal food into the menu of one of Yale's undergraduate residential colleges. The experiment was a success with both students and dining hall staff, and helped inspire the Yale Dining Hall to move toward more organic and locally grown food sources (though the vast …
… The conference also left in doubt the future of current mechanisms such as the European Carbon Market. The conference in Copenhagen came after 20 years of international conferences … Responding to the Kyoto framework, the European Union launched a cap-and-trade system for carbon credits in 2005, which led to an explosion of climate-related investment opportunities in Europe, Latin America and Asia. A new industry around carbon finance emerged, with firms like Climate Change Capital (CCC) of London taking the …
… 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 … 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 … the investment 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 …
… 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 of major events, but it would take years for the changes to show up in actuarial models. Nonetheless, … 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 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 … on any land that was primary forest, GAR agreed to tough bans on cultivating palms on high carbon stock (HCS) forest and peat land – commitments that made the company a leader in the … 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 …
… makers were working on lighter alloys to compete with aluminum. Meanwhile, manufacturers of carbon-fiber based composites were touting their material as even lighter than aluminum and … outside the U.S.? How would steelmakers respond to losses in the auto market? Would carbon composites create a significant challenge? Sustainable Finance and ESG Circularity … makers were working on lighter alloys to compete with aluminum. Meanwhile, manufacturers of carbon-fiber based composites were touting their material as even lighter than aluminum and …
… in solar development in Europe was the result of countries committed to reducing their carbon footprints and willing to provide generous feed-in tariffs to solar developers. On the other hand, there was less political will for carbon reduction in the United States. The U.S. federal government did extend tax credits to … in solar development in Europe was the result of countries committed to reducing their carbon footprints and willing to provide generous feed-in tariffs to solar developers. On …
… 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 … 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 … 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 …