… 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 its Indonesian subsidiary PT SMART. The company has assembled an … 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. … 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 … by a set of metrics reflecting in an integrated way the financial, but also the social and environmental, value created by the company. Corporate Sustainability Environmental …
… 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 …
… 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 agreement was named) represented … 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 …
… 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 Upgrade Agreement (EUA) plays an important role. The EUA is a deal structure … 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 insurance provided farmers with a hedge against climate, environmental, and other risks. Around 40% of grain farmers in South Africa purchased hail … 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 …
… 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, …
… Most environmentalists had hoped that the December 2009 Climate Change Conference in Copenhagen … such as the CCC had positioned the firm's Carbon Funds as the cornerstone of its long-term business strategy, but the firm was also investing in energy-conscious real estate and … such as the CCC had positioned the firm's Carbon Funds as the cornerstone of its long-term business strategy, but the firm was also investing in energy-conscious real estate and …