The White House on Tuesday announced a new public-private water innovation strategy aimed at addressing the impacts of climate change on the use and supply of the nation’s water resources.The strategy, known informally as the “moonshot for water” calls for an aggressive two-part approach led by federal agencies, and enlists the private sector and other stakeholder groups to help significantly scale up research and investment in water efficiency solutions.
Over the weekend, 195 nations reached a landmark agreement at COP21 in Paris to fight climate change and unleash actions and investment towards a low carbon, resilient and sustainable future.The Paris Agreement, for the first time, brings all nations into a common cause based on their historic, current and future responsibilities. Its main aim is to keep a global temperature rise this century well below 2 degrees Celsius and to drive efforts to limit the temperature increase even further to 1.5 degrees Celsius above pre-industrial levels. The 1.5 degree Celsius limit is a significantly safer defense line against the worst impacts of a changing climate.
If cities around the world take aggressive climate change action, they can help cut global emissions by 3.7 billion tons a year by 2030 — helping to close the “emissions gap” between what countries have promised to do before the COP21 climate talks, and what is needed to avoid a rise in temperature above 2 degrees Celsius, according to a new report by the Stockholm Environment Institute (SEI) on behalf of C40.The emissions gap amounts to around 15 billion tons of carbon dioxide a year.
Corporate sustainability reporting desperately needs to up its game in order to align company-level sustainability performance with the broader systems-level ambitions of the 2030 Agenda for Sustainable Development and COP21, the United Nations climate change conference, according to a new report from the United Nations Environment Programme (UNEP).
Businesses have a central role in addressing the forest issues that are in today’s headlines—including the Indonesian fires (which emitted more CO2 in three weeks than the entire German economy in a year), and the Amazon forests, which may be at a tipping point with serious
Developing countries will need to pay an additional $270 billion more each year to adapt to the impacts of climate change if COP21 fails to elicit increased global pledges to cut greenhouse gas emissions, according to a new report by Oxfam.Game-changers in the Paris climate deal warns that developing countries’ economies face being crushed under the double burden of climate change adaptation costs of almost $800 billion and more than twice that in economic losses every year by 2050 if pledges to cut emissions are not improved.
Despite the recent horrific acts in Paris, next week world leaders will converge on the city for the 2015 United Nations Climate Change Conference — otherwise known as the Conference of the Parties (COP) 21 — to achieve what many hope will be the first legally binding and universal agreement on climate change.
On November 5, 12 Australian companies committed to climate action at the Australian Climate Leadership Summit in Sydney, an official lead-up event to the COP21 UN climate conference. They join over 250 other companies from around the world who have made commitments through the We Mean Business coalition, including over 40 multinationals that are headquartered or active in Australia.
I came to Colorado, like millions before me, for the mountains, the active, sustainable lifestyle — and, of course, the beer. Coloradoans love their beer. So when I was invited up to Fort Collins to check out the water-saving initiatives of a local brewery I jumped at the opportunity. “Which one?” I wondered. Fort Collins is home to more than 15 breweries (roughly 1 for every 10,000 residents), amongst the highest concentrations for any city in America. New Belgium is a certified B Corp — that’d make sense. Or maybe Odell?
Today, President Obama rejected the Keystone XL pipeline that would have connected Canada’s tar sands to refineries in Texas. The project became a symbol of the fight against climate change, making its rejection a huge victory for the “unprecedented coalition” of groups that came together to oppose it.In his announcement, the President said that he agrees with the State Department’s decision that the Keystone XL pipeline would not serve the country’s national interests, nor would it make a meaningful long-term contribution to the economy.
One of the highest standards for social and environmental responsibility in business, B Corp certification, was awarded to Fetzer Vineyards and praised by the U.S. Department of Labor last week. The certification developed by the non-profit B Lab now signifies over 1,400 responsibly run companies from 130 industries and 42 countries. The performance standards are comprehensive and transparent, and measure a company’s impact on all of its stakeholders, including workers, suppliers, community, and the environment.
Earlier this month, He Named Me Malala, the feature-length documentary on the inspiring story of Nobel Laureate and girls’ education activist Malala Yousafzai, opened in theatres across the U.S. and Canada. To accompany the release, her charity, the Malala Fund, launched a Stand #withMalala global campaign to encourage people to stand up and take action for education rights.
General Mills, IKEA and Best Buy are among the 81 companies to recently join the White House-led American Business Act on Climate Pledge, which sets significant greenhouse gas reduction and renewable energy sourcing goals for 2020 and beyond.The pledges focus on increasing energy efficiency, boosting low-carbon investing and making sustainability more accessible to low-income Americans.
Today, a group of some of the world’s biggest brands, retailers, NGOs and industry groups launch a Social and Labor Convergence Project, with the aim of improving working conditions in apparel manufacturing across the world.The group says the project seeks to achieve real, sustainable change through the collective development of an industry-wide, standardized methodology for social and labor performance assessment in apparel and footwear supply chains. Through this, the industry believes that it will be able to significantly reduce the amount of money that it spends on duplicated auditing and invest the money saved in improving social welfare for millions of people employed in apparel manufacturing around the world.
Climate risks currently aren’t top-of-mind for most mainstream investors, but the potential value at risk for investment portfolios is significant, according to a new report by Preventable Surprises, a business risk think tank.
Crowdfunding platform Kickstarter has announced it is reincorporating as a public benefit corporation, The New York Times reports, a legal designation that protects for-profit companies that want to do well and do good at the same time by affording them the freedom to pursue corporate purposes beyond maximizing profits.
A new publication called Salt, motivated by the hope that businesses will play a key role in shaping a better world, has released its first Top 100 Compassionate Leaders List."We want to shine a spotlight on businesses with a heart; those pioneers who are using their corporate power not only to generate profits, but to create a better world," said Salt publisher Stephen Vasconcellos-Sharpe.
California, Gov. Jerry Brown and Senate Democrats abandoned a 50 percent cut in petroleum use by 2030 that was a focal point of the state’s climate change policy, following an intense campaign against the mandate by the oil industry, The New York Times reports.The petroleum cut was meant to help reduce carbon emissions by 80 percent by 2050, using 1990 emission levels as a baseline.
It’s the moment we’ve all been waiting for: S&P Dow Jones Indices, one of the world’s leading providers of financial market indices, and RobecoSAM, the investment specialist focused exclusively on Sustainability Investing, today announced the results of the annual Dow Jones Sustainability Indices (“DJSI”) review.The components list for the DJSI will be published on the Sustainability Indices website on Monday, September 14, 2015. All changes are effective on Monday, September 21, 2015.
Rio de Janeiro has become the first city in the world to reach full compliance with the Compact of Mayors, a global coalition of city leaders dedicated to reducing their greenhouse gas (GHG) emissions, making urban communities more resilient to climate change and regularly reporting their progress publicly.Rio now has established a local GHG emission inventory using the Global Protocol for Community-scale GHG Emissions Inventory (GPC), the international “gold” standard for GHG emission reporting, according to a recent announcement. It also is the first Brazilian city to complete a study on climate vulnerabilities.