… 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, … it wasn’t until 2008 that the company created a formal CR strategy. Following an internal study that argued that corporate responsibility was a key strategic area for the company to … function to the department comprised of the Strategy and Public Affairs functions. This new integrated department was baptized "Strategy, Sustainability, and Public Affairs." The …
… Palm oil is everywhere. Not only is it in the news, it is also an ingredient in roughly half of the products we buy. However, it is not … literature, news articles, and reports, and to particularly relevant sections of the Yale School of Management’s (SOM) palm oil case. These materials can be read on their own, …
… NY Green Bank (NYGB), New York State’s $1-billion clean-energy fund, and a young new efficiency company named Sealed signed a $5-million loan-financing agreement as a way to … shows how a similar structure can be used for residential energy efficiency. Source The Yale Center for Business and the Environment Areas of Focus Sustainable Finance and ESG …
… effectiveness of existing policies designed to reduce greenhouse gas emissions and identify new strategies. Connecticut’s government had already set a target of reducing greenhouse gas … Connecticut’s energy needs. The nuclear power all came from a massive plant situated near New London, CT called Millstone. The facility included two reactors that produced almost … electricity generated in Connecticut and supplied about 15% of the power required for the New England regional grid. The operating licenses for the two reactors were set to expire in …
… Mexico meet its ambitious goals addressing climate change. Third, biofuels could provide a new market for Mexico's struggling agricultural sector. Finally, PEMEX would soon face competition due to new energy reforms that promised to introduce private sector competition to PEMEX, including … fuel station. The ability to add Mexican-produced ethanol could be a selling point in a new competitive world. The introduction of ethanol seemed a logical choice. Mexico already …
… to consider what to do, but Gentry admitted that there was very little consensus among the new group about how to respond. This was not the first time Farrington had received such a … concerning carbon investing. Commonfund had been helping their clients think through these new investment considerations and evaluate potential methods to reflect such considerations … mean a different set of investment choices. Then they faced the issue of implementing any new policy, should they change their portfolios or engage companies in their role as …
… to seek an alternative powertrain that did not use fossil fuels. For GM, the search for a new powertrain required a substantial change in mindset, since the ICE had been a mainstay … hurdles were steep; and GM believed it was nowhere near placing an automobile with a new type of powertrain on the market. Besides the technical hurdles it was facing, GM’s … for drastic cuts in the consumption of fossil fuel. With its significant investment in new technologies, in 1998, GM believed the debate should be shifted to discussing feasible …
… for trucking and off-road construction and later developing cleaner engines to address new emissions regulations that addressed China's critical problem with air pollution. Steve … with solutions developed in China for the China market. But the introduction of each new level of emissions standards came with regulatory uncertainty. To meet the needs of the … America and the U.S. Even more challenging, the uncertainty around implementation of each new round of emissions standards made it difficult for Cummins to plan its manufacturing and …
… 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 … formed in the rest of developed world. However, the failure of Copenhagen required the new carbon finance industry to reassess its plans. The lack of international consensus could … the growth of the overall market. The Kyoto Protocol was set to expire in 2012 and no one knew what system would replace the current framework. Firms such as the CCC had positioned …