… In 2014, the four largest palm oil trading companies signed an agreement to end deforestation, development of peat lands and exploitation of locals not only with their own operations, but also from all of their suppliers. Forenvironmental NGOs, the Indonesian Palm Oil Pledge (as the agreement was named) represented … situation appeared to have reversed. Leading figures in the government of Indonesia were calling upon the companies to withdraw their pledge. And the 2015 fire season was the worst …
… most heavily traded edible oil in the world. Golden Agri Resources (GAR) has been in the forefront of this palm oil boom in Indonesia. Founded in 1996 by the influential Widjaja … 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 … GAR customer, Nestlé, with a report and a provocative video that went viral on social media sites. Nestlé quickly bowed to the demands of Greenpeace and dropped GAR as a supplier. …
… company designed, manufactured, distributed, and serviced diesel and natural gas engines, for transportation, construction, and power generation. In addition to the engines, it … itself on value-driven ethical standards. It operated worldwide 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 corporate Code of Conduct, and …
… In early 2014 Alcoa announced that Ford's F-150 pick-up trucks, the best-selling vehicles in the U.S., would use … alloys to compete with aluminum. Meanwhile, manufacturers of carbon-fiber based composites were touting their material as even lighter than aluminum and just as strong. Plastics … market? Would carbon composites create a significant challenge? Sustainable Finance and ESG Circularity Equity and Justice Alcoa & the Auto Industry … Alcoa & the Auto Industry In …
… founder and chairman, wondered how his company could expand its presence in the United States market. In the previous five years, Trina, a company with manufacturing and … had to decide how it was going to respond and how much it was willing to invest in its efforts to grow in the U.S. In Europe, the supply-constrained market during 2007-10 had … with reference to the United States? These strategic questions had to be answered in an environment with two major sources of uncertainty. First, there were considerable political …
… Most environmentalists had hoped that the December 2009 Climate Change Conference in Copenhagen … finally produce a workable, global scheme to reduce greenhouse gasses in the environment. Unfortunately, the conference produced little concrete action and most agreed that the final … industrialized nations to reduce their greenhouse gas emissions. The framework, formally called the United Nations Framework Convention on Climate Change, laid the foundation for a …
… to the greenhouse effect was underway and could have potentially devastating consequences for the ecology of the planet. Since automobiles were a substantial contributor of CO2 to … 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 … would not be ratified by the Senate. In 1988, a vocal, well-financed lobbying organization called the Global Climate Coalition (GCC) had been formed by dozens of large corporations to …
… 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 … 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 …
… 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 insurance, the most common policy in agriculture. In years when crops were damaged before they could be harvested and sold, crop insurance provided resources that allowed … South Africa and the rest of the continent? Equity and Justice Sustainable Finance and ESG Santam: Crop Insurance and Climate Change … Santam: Crop Insurance and Climate Change …
… Harish Hande and the company he founded, SELCO, provide solar electricity for lighting and power to India's poor. For the work of his company, Hande has received … (with Neville Williams) in 1995 to sell and service photovoltaic (PV) systems in his home state of Karnataka, India. During its initial years of operation, the company expanded … be crucial 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 …