… 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 …
… investment banking firm receives an urgent call from James D. Marston, Regional Director of Environmental Defense's Texas Office and head of the Texas Climate Initiative. You meet with … utility TXU, and he needs your immediate feedback. The private equity firms want two environmental groups - Environmental Defense (also known as the Environmental Defense Fund or EDF) and NRDC - at …
… 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. … CR, and Public Affairs functions together, to further integrate CR into the core of the business. AXA’s business had grown rapidly over the previous decades. The company was formed … 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 … launch, Immelt made no pretense about the fact that ecomagination was first and foremost a business growth initiative. His candor earned him praise from leaders of powerful …
… 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 … the agreement represented a breakthrough. The events of 2015 suggested otherwise, forcing businesses, NGOs and sympathetic government officials to reconsider their positions and … to uphold the pledge. All of these challenges could represent substantial hits to Wilmar's business if not handled correctly. For Greenpeace and other NGOs, the opposition to IPOP …
… alternative to other vegetable oils, production pressures have led to undeniable environmental and social impacts on both global and local scales. The most notable of those … industry is becoming an increasingly hot topic for economists, industry, governments, and environmental and social activists. As palm oil production expands, companies, NGOs, … experimenting with palm oil can learn from Indonesia’s attempts. The focus is on the environmental and social impacts of palm oil, with an emphasis on exploring existing …
… 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 … to attract private finance. It also addresses the misalignment of incentives by creating an Environmental Upgrade Charge (EUC) that allows a property owner and a tenant to more … 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 …
… 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 …