Tuesday, January 19, 2021
GMO test
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
GMO test
No Result
View All Result
Home Uncategorized

What Businesses are Doing to Combat Climate Change

by Richard Matthews
May 10, 2011
in Uncategorized
0

Some members of the business community are already playing a leading role in the war against climate change. These companies are making better use of resources, increasing energy efficiency measures, creating more energy-efficient products, and investing in new energy technologies. Many of these businesses are implementing technologies that reduce CO2 emissions and increasing their use of renewable energy while decreasing their use of energy derived from fossil fuels.

Companies like Xerox, PUMA, HP, Walmart and even smaller companies like Zotos are successfully incorporating sustainability initiatives and reducing their environmental footprint.

Assessment and reporting is an important part of these efforts and we are seeing more and more measurement tools, best practices, benchmarks and verification.

Wal-Mart is the largest retailer in the US, it has specific environmental goals to reduce energy use in its stores and pressure its 60,000 suppliers in its worldwide supply chain to follow its lead. On energy efficiency, Wal-Mart wants to increase the fuel efficiency of its truck fleet by 25% over the next three years and double it within ten years. By 2020, it is expected to save the company $494 million a year. The company also plans to build stores that are at least 25% more energy efficient.

By addressing the environmental issues inherent in their business models, companies not only improve their practices, but also ensure the sustainability of their core business and help to make entire markets more sustainable.

For many companies, looking at more efficient energy use can pay off in the medium to long term. The problem is that shareholders are preoccupied with short term returns, and it may take many years for the costs of climate change to become apparent. However, heavily subsidized carbon-heavy fuels will not be artificially cheap forever and clean technology will be less expensive once it gains critical mass. Many businesses are looking at longer term time horizons and they increasingly understand that companies that ignore the trend will be at a competitive disadvantage.

Businesses are increasingly concerned about factoring environmental risks along-side other factors that impact a company’s performance and value. This trend will continue as carbon intensity starts to show up on balance books through organizations such as the Carbon Disclosure Project.

The involvement of the business community is crucial to global carbon reduction. Around 97 percent of the C02 emitted by western industrialized countries comes from burning coal, oil and gas for energy, much of which is used by business.

Some businesses are offsetting their carbon by paying someone else to plant trees or find other ways to reduce carbon emissions. Businesses that have purchased carbon offsets including HSBC and The Guardian newspaper.

Efficiency initiatives and renewable energy have many advantages for the environment and businesses are increasingly understanding the benefits for their bottom line.

© 2011, Richard Matthews. All rights reserved.

Related Posts
Business Will Lead the War Against Climate Change
Businesses are Combating Climate Change and Turning a Profit
Sustainable Practices are a Strategic Priority for Business
Sustainable Business Is Growing But It Still Has …
Best Practices for Sustainable Businesses
Best Practices for Engaging Employees in Sustainability
Best Practices for Communicating Sustainability
Green Leadership
HP’s Leadership in Sustainable Innovation
Canadian Tire’s Sustainability Leadership
Toyota is Planning to Retain its Lead Over its Rivals with a New Fleet of Electric Vehicles
Hyundai’s Fuel Efficiency Leadership
Environmental Revolution: Leadership and Morale
10 Business Pledges in Support of A Billion Acts of Green

ShareTweetShare
Previous Post

Business Will Lead the War Against Climate Change

Next Post

The Anti-Environment Crusades of ExxonMobil and Koch Industries

Related Posts

Unprecedented Wildfires in 2020 are Connected to Climate Change

by Richard Matthews
December 29, 2020
0

The intense wildfires that raged across the Western U.S., South America, and Australia in 2020 are being attributed to climate change. What makes these fires unprecedented is their size and...

American Courts are Defending Democracy and the Environment

by Richard Matthews
December 14, 2020
0

Despite unprecedented challenges, America's legal system has held. In recent weeks the courts have repeatedly defended democracy and in the last four years they have overturned a wide range of environmental...

Boycott Culture and Brand Influence During Trump’s Presidency and Beyond

by Richard Matthews
December 8, 2020
0

Brands wield enormous influence over popular culture and whether they are pursuing core social values or trying to preempt boycotts, brands are finding it harder to ignore social, environmental and political...

Next Post

The Anti-Environment Crusades of ExxonMobil and Koch Industries

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

American Politics

Taking Stock of Trump’s Dismal Legacy

by Richard Matthews
January 19, 2021
0

Trump's presidency ended as it began, with dysfunction and narcissistic self-preoccupation. The presidency of Donald J Trump is a stain that...

Read more

Corporate America’s Break Up with Trump & the GOP

January 15, 2021

Climate Change is Fueling Deadly Extreme Weather and Costly Climate Disasters

January 13, 2021
protected areas and new species on the map of the world

Summary of Positive Biodiversity Stories

January 11, 2021
images of extreme weather events

Long Term Warming Trends Tell Us What We Need to Know

January 9, 2021
  • Business
  • Economy
  • Energy
  • Environment
  • Investing
  • Politics
  • Technology
  • Social Change

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • GDP
    • Jobs
    • The Green Economy
  • Energy
    • Fossil Fuels
    • Renewables
    • Solar
    • Wind
  • Environment
    • Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Climate Change
    • Food
    • Transportation
    • Health
    • Renewables
  • Social Change
    • Education
    • Activism
    • Psychology
    • Marches

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In