Carbon reduction brings 33% average return to
investors
Carbon reduction activities
could have a very positive return on investments, delivering an average return
of 33%, according to a report published by Carbon Disclosure Project, an
international not-for-profit organisation. In the report ‘Carbon reductions
generate positive ROI', the organisation said high emitting companies that set
absolute emissions reduction targets achieved reductions double the rate of
those without targets with 10% higher firm-wide profitability. Energy
efficiency and fugitive emissions reductions generate some of the highest
reductions and return on investments, the research found. The report is an outcome of the
‘Carbon Action Initiative', an investor-led initiative designed to accelerate
company action on carbon reduction and energy efficiency activities which
deliver a satisfactory return on investment. To read this article in full click
here
Newcastle United are world's first green club
NEWCASTLE United has become
the world’s first ‘Carbon Positive’ football club. Toon management have reduced
the club’s environmental impact to zero with the help of GET Solutions and
Carbon Neutral Investments. Eddie Rutherford, Facilities Manager at NUFC, said:
“It’s all about savings, savings, savings. The less energy we use, the
less carbon we emit and the less impact we have on the environment, both
locally and globally.” Energy monitoring, lighting upgrades and heating
optimisation have all been used to reduce the club’s carbon footprint. Small
changes in staff’s behaviour - such as turning lights off when they leave the
room - have also made a difference. “It’s a balance between achieving
[energy reduction] and maintaining the high standards of a Premier League
club,” Mr Rutherford said. To read this article in full click
here
L’Oréal Recognized by Climate Counts as Sector Leader
for Managing, Reporting and Reducing its Carbon Emissions
L’Oréal was named household
products sector leader by ClimateCounts today for its practices and
achievements in the management of carbon emissions. Recognizing the business
risks associated with climate change and the need to reduce the company’s carbon
footprint, L’Oréal has implemented a variety of renewable energy strategies to
halve its CO2 emissions, on an absolute basis between 2005-2015. This
month, the company will be operational with four new US solar installations
including a 1,303 kWp rooftop system on its Clark, New Jersey Research &
Innovation laboratory, a phase II 761 kWp ground-mounted and rooftop system at
its Franklin, New Jersey manufacturing facility, a phase I 851 kWp rooftop
system at its Cranbury, New Jersey Distribution Center and a whopping 2,402 kWp
600, 000 square foot roof-top system at its Monmouth Junction, New Jersey
Distribution Center. To read this article in full click
here
Brands like Nike and UPS Cut Emissions While
Increasing Revenue
Top brands like Unilever, Nike and UPS
are showing signs of sustainable growth, while Apple lags in the tech sector
and fast food brands aren’t so fast to adopt sustainability measures. The message coming from many
of the world’s best-known brands is clear: climate change poses a threat to
business in the form of increased costs and risks associated with extreme
weather. As a result, many companies are prioritizing the need to reduce
greenhouse gas (GHG) emissions and lower their carbon footprint. For the
sixth year in a row, non-profit Climate Counts rated major consumer
brands on their approach to climate change. The latest scoring results show
that 66 percent of companies rated have publicly available climate and energy
strategies, compared to just 25 percent in 2007, the year the organization
began rating companies. To read this article in full click
here
Lamborghini Pledges Carbon-Neutral Production By 2015
The push for greener cars
and more efficient production methods isn’t just coming from the usual suspects
of treehuggers and academia. Lamborghini recently signed a pledge to reduce the
emissions of its cars by 35%, as well as making its production facility carbon
neutral by 2015. Lamborghini, the new leader of “green” cars? Granted,
Lamborghini’s exotic supercars still consume gasoline like its going out of
style, but that just means there is a lot of room for improvement. Ferrari
managed to reduce the emissions of its own supercars more than any other
European automaker last year, and they’re currently developing their
own super-hybrid as an Ferrari Enzo successor. For a while there though,
the only “green” thing about European supercars were found in the color options.
To read this article in full click
here
UK commits £113 million to African renewables
The UK government has
committed £113 million for renewable energy in Africa, as part of a package to
help developing countries tackle climate change. The package includes two
programmes to help stimulate private sector investment to provide low carbon
energy in Africa, a £15 million programme to reduce emissions from cattle
ranching and support smallholder farmers in Colombia and a £1.5 million
programme to help developing countries to develop strategies to reduce their
emissions. The Green Africa Power project, to which the UK is contributing £98
million, aims to stimulate private sector investment in renewable power
generation in Africa, financing approximately 270MW of new renewable energy
generation capacity. In addition, the UK will make a £14 million contribution
to the “Get Fit” project which is supporting the development of small-scale
on-grid renewable energy projects in Uganda. To read this article in full click
here
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