What’s Your Company’s Water Footprint?

Source : Harvard Business Review Last year we heard a chorus of “water is the new oil,” including a memorable BusinessWeek cover depicting oil baron T. Boone Pickens knee-deep in H20. This year the cry is “water is the new carbon” in response to a heightened awareness that resources such as water are more critical and valuable to a company’s operation (and brand value) than previously assumed. If you are a water-intensive business such as the food and beverage sector, water is now at the top of your list of sustainability issues to address. Yes, water is a key business risk that needs to be managed just as energy and carbon are now managed. But in fact, water is not the new oil or the new carbon, and neither comparison is a constructive way to view the value and risk of water within a business context. Water presents several unique challenges: it is not actually “used,” but simply “borrowed” (water is used and discharged returning it to the hydrologic cycle for potential …

Big Business On The Sustainability Offensive

Source: Ethical Corporation There is a growing trend for big companies to use sustainable concepts as core business drivers For decades, many companies have typically responded to sustainability challenges by pursuing incremental operational improvements. But we are beginning to see an interesting new trend – businesses using sustainability as a tactic for long-term offense, rather than just short-term defence. Despite the uncertain economic outlook, leading international companies across diverse sectors are investing heavily in sustainable products and services. Others are making cross-industry partnerships to develop next generation products such as the elusive mass market electric car. Some are even enhancing their business models through mergers and acquisitions that seek to address, and capitalise on, sustainability trends. The big challenges What is driving this marked shift in approach? In our view, it is not just a focus on marketing or corporate social responsibility or even the need to manage costs and improve efficiency. Instead, leading companies are demonstrating a growing belief that their future profit and growth will be tied to …

Indirect Carbon Emissions and Why They Matter

Source: Triplepundit According to our recent research, a combination of regulation and consumer demand means that 93% of multinational companies are now taking steps to address carbon emissions directly related to their business. More companies are recognising that lowering their carbon emissions leads to reputational and efficiency gains, which means savings to the bottom line and ultimately increased revenue. There is also an increasingly pressing need to address a bigger challenge – ‘scope 3’ or indirect emissions that are a consequence of the activities of the reporting company, but occur at sources owned or controlled  by another organisation – including both upstream and downstream of companies along the value chain. This comprises those generated by all the emissions of everything a company buys, right back to raw material extraction or agriculture, as well as all the emissions that are produced from everything a company sells or disposes of, through retail, use and end-of-life. Taking a ‘carbon lens’ to your value chain is another way to improve the environmental and economic performance of your business – it unlocks …

EU politicians back plan to withhold CO2 permits

Source: The Guardian Proposal paves the way for the European commission to intervene in the market to prop up low prices. European Union politicians backed a proposal on Tuesday to withhold carbon permits from the bloc’s emissions trading scheme (ETS) from 2013, paving the way for the EU commission to intervene in the market to prop up low prices. EU parliament’s industry committee passed a proposal which would let the EU commission take measures that “may include withholding of the necessary amount of allowances” from the 2013-20 phase of the EU market as part of a wider debate on energy efficiency. The EU ETS caps the emissions of some 11,000 factories and power plants in the bloc, forcing them to buy carbon permits to cover their emissions output.  Analysts say the commission, which oversees the scheme, overestimated the number of permits that heavy emitters would need to cover their emissions in the 2008-12 period, resulting in over-supply, which has driven prices far below the level needed to encourage a shift towards a low-carbon economy. They …

Sustainable Development Guidelines for Central Public Sector Enterprises

The Department of Public Enterprises has given out notifications to Central Public Sector Enterprises (CPSEs) or PSU companies to undertake Sustainable Development as a mandatory function of their MoU with them. We believe it is a great opportunity for these companies to undertake various activities under this banner and showcase different best practices in this domain. We believe that the PSUs have to take a route that is quite different from the normal Private Sector companies in approaching Sustainable Development. To address this, we have made a presentation for the CPSEs to give a direction on complying with these guidelines and how to maximise this opportunity to become Sustainability led organisations. Do have a look  at the presentation below and get in touch with us for a discussion on how PSU’s should be approaching Sustainable Development.   Addressing Sustainable Development Guidelines for CPSEs View more presentations from EfficientCarbon

One Child One Light Diwali Campaign

We have launched our campaign to gift a smile to children this Diwali. EfficientCarbon is partnering with Thrive Energy in its campaign of ‘One Child One Light’ and we want to make it a huge success. From our side, we would be making a small contribution to the campaign ourselves but we want you to support us in huge numbers. This would be run from 25/10/2010 to 05/11/2010 and organise a small event to distribute the LED study lights to the school children in villages primarily. The plan is very simple: We are sending out an open invitation to all our friends, associates and acquaintances to donate at least a single light to this campaign. We will collect the information and the donations from all of you and procure the LED study lights from Thrive Energy. We’ll select a few deserving schools in villages (or probably you could suggest us a few schools/NGO’s as well) and host a small event to distribute these lights on 07/11/2010. This will be an open event …

Clean Development Mechanism Explained

We keep hearing about jargon like The Kyoto Protocol, Clean Development Mechanism, Carbon Credits, Carbon Trading, etc., and always look for clarity on what these terms mean for the business community, countries like India or just a world citizen like us. We’ve just tried to give a perspective on what Carbon Trading / Clean Development Mechanism means and the process of getting Carbon Credits through this basic presentation. Do have a look at this, ask questions, let us know your thoughts and start a debate. We’d be happy to discuss. Clean development mechanism basics View more presentations from EfficientCarbon.

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