The Sustainability Advantage: Short Costs Long Growth

Businesses are showing leadership and driving sustainability. The relationship between businesses and the consumer is changing, people increasingly expect responsible conduct that incorporates sustainability. Sustainability is no longer only a way to reduce risk and prepare for a more stringent regulatory environment. Sustainability is a competitive necessity and sustainable business actions are becoming de rigueur.

Forward looking businesses are interested in the entire lifecycle of a product. They scrutinize each stage from manufacturing and initial packaging to the “end of life.” Rather than just seeing costly burdens, they are finding opportunities across a product’s entire life cycle. In the process they are meeting the demands of their customers and making sustainability a central part of the way they differentiate themselves.

A well executed sustainability plan presents an opportunity to forge a stronger competitive position.  In a tough economic environment businesses need every advantage they can find. Companies are developing innovative approaches to reducing their use of energy and minimizing the amount of waste they generate.

To maximize their competitive positioning some corporations are taking their efforts to the next level. In addition to scrutinizing their own footprints they are promoting more responsible consumer behavior.

While investing in sustainability may incur short term costs it also affords long term growth. Perhaps even more importantly, sustainability is increasingly a matter of competitive survival.

© 2012, Richard Matthews. All rights reserved.

Related Posts
The Competitive Advantage of Sustainability: Short Costs Long Growth
Sustainability Nears a Tipping Point
Investors and Global Sustainability
MIT Survey Shows More Businesses are Embracing Sustainability and Turning a Profit
Sustainability Success Kit from Enviance
Sustainability (Sustainable) Defined
Top 10 Global Sustainability Leaders (Report)
Global Survey on Sustainability
10 Sustainability Initiatives for Small Businesses
The GRI Sustainability Reporting Framework
The New Sustainability Advantage
Corporate Sustainability Experts Want a Tax
Corporate Sustainability Experts Scoff
China's Twitter Users Focused on Sustainability
Spring of Sustainability (Video)
Corporate Sustainability Strategies in Asia Part1 (Video)
Sustainability Methodology (Video)
Sustainability in the Workplace Low-Hanging Fruit (Video)
The Benefits of Sustainability in Business (Video)
How sustainability can Save your Business (Video)
The New Sustainability Advantage (Book)Sustainability Nears a Tipping Point
Investors and Global Sustainability
MIT Survey Shows More Businesses are Embracing Sustainability and Turning a Profit
Sustainability Success Kit from Enviance
Sustainability (Sustainable) Defined
Top 10 Global Sustainability Leaders (Report)
Global Survey on Sustainability
10 Sustainability Initiatives for Small Businesses
The GRI Sustainability Reporting Framework
The New Sustainability Advantage
Corporate Sustainability Experts Want a Tax
Corporate Sustainability Experts Scoff
China's Twitter Users Focused on Sustainability
Spring of Sustainability (Video)
Corporate Sustainability Strategies in Asia Part1 (Video)
Sustainability Methodology (Video)
Sustainability in the Workplace Low-Hanging Fruit (Video)
The Benefits of Sustainability in Business (Video)
How sustainability can Save your Business (Video)
Sustainable Business Methods, Strategy, Management and Reporting
Sustainable Successes and Failures
Sustainability is an Unstoppable Megatrend
The Overwhelming Logic of Sustainable Business
Social Media and Sustainability
Social Action Driving Businesses to Adopt Sustainable Practices
A Sustainable World Order
Five Rules for Going Green (Video)
1. Sustainability Planning (Video): Business Practice Part 1/10

Mitt Romeny: The Legacy He Will Leave for Our Children

Now that Mitt Romney has formally secured the Republican presidential nomination he is going on the attack with new ads that reveal his anti-environment agenda. These ads indicate that his top priorities include approving the Keystone XL Pipeline and the repeal of regulations designed to protect human health. Romeny wants to transport dirty tar sands oil from Canada, through highly sensitive areas of America, to the already endangered Gulf Coast. He has also indicated that he wants to repeal regulations like those put forth by the EPA. He dismisses the idea that some regulations are good and can actually create jobs while keeping people safe.

The unlimited funding allowed by Super PAC are sure to provide Romney with vast sums of money from billionaires who will use their influence to get the executive office to do their bidding.

Romney has sought out "advice" from people like Harold Hamm who serves as Romney’s top energy advisor. Hamm is the billionaire chairman and CEO of Continental Resources. He has contributed nearly $1 million to the pro-Romney Super PAC.

The influence of these billionaires will hurt average Americans while the wealthy will benefit from another tax cut. Another assault on regulations will further erode America's troubled environment.

Before they vote for Romney, Americans need to ask themselves if they care about basic quality of life issues like clean air and water. Perhaps most importantly Americans need to ask themselves what their children will think about the environmentally destructive legacy that Romney will leave behind.

© 2012, Richard Matthews. All rights reserved.

Related Posts

The Business Case for REDD (Guide)

This complementary guide makes the Business Case for REDD (Reducing Emissions from Deforestation and Forest Degradation). It reviews what REDD is and why you need to factor it into your sustainability strategy. The guide addresses how businesses and stakeholders can benefit from REDD's effect to the carbon market. It also reviews how to get involved in REDD investment and the regulations involved.

The guide is provide by The CarbonNeutral Company, voted the Best Offset Retailer in the Voluntary Carbon Market (‘Environmental Finance, Voluntary Carbon Market Survey,’ 2011 and 2012). For immediate advice on how supporting forestry projects will benefit your organization, please email us or call +44 (0)20 7833 6000 / 1-646-367-5800.

Click here to download this complementary guide.

Related Posts
The Business Case for REDD (Guide)
Objection Handling: A Professional's Guide
The Guru's Guide to Implementing Sustainability
Carbon Measurement Guide for Companies
Global Solar Companies Guide
Green Economy Guide for Women
Global Green Investors Guide
Major US Environmental Engineering Companies Guide
Greenpeace Green Electronics GuideGreen Guide for SMEs from the Carbon Trust
Small Business Guide to Social Media
ISO 14020 Series
Canadian Guidelines on Environmental Claims
Introduction to Sustainable Supply Chains

Review of Five Socially Minded Legal Forms for Companies

There are a host of different legal options and requirements for companies who wish to be socially engaged. As reviewed in a May 25 Forbes article, here is a summary of five legal forms available to socially-minded companies. They include Benefit Corporations, California's Flexible Purpose Corporations, Maryland Benefit LLC, L3Cs and B Corporations:

1. Benefit Corporations

This is a new class of corporation, pioneered by the Berwyn, Pa-based nonprofit B Lab. B Lab is a nonprofit organization dedicated to using the power of business to solve social and environmental problems. It is already law in seven states most recently Illinois and Louisiana. This legislation mandates that companies and their boards take into account public benefits that impact society and the environment when making decisions. These companies also have to issue an annual third party audit report that addresses their social and environmental goals. The goal is to give companies legal protection to take certain steps that benefit their non-financial objectives, even if it’s not so good for the bottom line. It is also reassuring to shareholders who are looking for greater corporate responsibility from the companies they invest in.

For more information on Benefit Corporations click here.  

2. California's Flexible Purpose Corporations

This was passed into law in California last October. Flexible Purpose Corporations also allows for Benefit Corporations. Flexible Purpose Corporations, unlike the Benefit variety, don’t have to meet general public benefits. Instead, they can specify at least one “special purpose”–addressing environmental sustainability, for example, or building a park. So the social focus is a lot more narrowly defined than it is with Benefit Corporations. Ultimately, the Flexible Purpose is designed for larger, more traditional companies that want to consider matters other than the financial bottom line, but aren’t “mission driven at their core,” according to Heather Van Dusen, a senior associate at B Lab.

For more information about Flexible Purpose Corporations click here.  

3. Maryland Benefit LLC

 In addition to allowing for Benefit Corporations, Maryland also permits companies to do the same thing but as a Limited Liability Company. That way, businesses already registered as LLCs don’t have to convert over to a corporate structure. The designation was created by legislation signed on May 19 by Gov. Martin O’Malley. The new law protects benefit LLCs from lawsuits by their members if they make decisions that put the environment, community, or social causes over making a profit. It is aimed at firms that want to make social activism part of their corporate mission.

For more information about Maryland Benefit LLC click here.  

4. L3Cs

They’re low-profit limited liability companies with a charitable or educational purpose. There are about 600 such companies in nine states. Proponents created L3Cs to be entities that can be treated as Program Related Investments (PRIs) by foundations. By law, foundations have to direct 5% of their assets to charitable purposes every year. They can do that through PRIs, as long as the organization they’re investing in has a charitable or educational purpose and doesn’t include making a profit as a significant goal. Plus, for-profit investors can put money into an L3C and, as a result, companies potentially can attract considerably more funding. Foundations have been slow to adopt PRIs. But, with new rulings from the IRS, that could change soon.

For more information about L3Cs click here.

5. B Corporations

This isn’t a corporate structure, even though that word is in the name. It’s a certification from B Lab, which rates triple-bottom-line companies. (Think of Fair Trade USA, which certifies Fair Trade companies). Started in 2007, there are now 530 such businesses. Ratings cover five areas–society, environment, employees and so on–with 130 to 180 factors depending on company size and industry. Businesses have to score over 80 out of a total of 200 points. There also are unannounced audits of about 10% of all certified companies every year.

For more information about B Corporations click here.

© 2012, Richard Matthews. All rights reserved.

Related Posts
Supreme Court Decision Undermines Climate Change Legislation
Supreme Court Recognizes EPA Role in ...Carbon Pollution Protection
Protecting the Planet from Corporate Influence
Republicans Undermined Climate Legislation
The US is Bound by Law to Honor Climate Treaty
Climate Science and Policy Implications (Video)
4 Principles for Climate and Energy Legislation
Legislation Through Reconciliation
US Green LegislationGreen Marketing Legislation
The Passage of Health Care Legislation and Implications for the Environment
State Green Jobs Initiatives Need Federal Legislation
Chinese Green Legislation, Part 2
Chinese Green Legislation, Part 1
European Green Legislation Part 1
European Green Legislation Part 2
Europe's Legislation for Greener Cars
Green IT Investment, Regulation and Legislation
Investors and Global Sustainability
Mexico Passes Climate Change Law
South Korea Passes Cap-and-Trade Legislation
Ontario's Green Energy Act is Leading the Way
Course of Study: Climate Change and the Law
E-Learning Course on the Legal Frameworks and the Environment
The Lacey Act Combats Illegal Logging

EPA's Carbon Pollution Standard has Strong Support

Over one million people have expressed their strong support for the EPA's proposed protections from dangerous carbon pollution produced by new coal-fired power plants. The EPA wants to create regulations as authorized by the Clean Air Act (see Laws Statutes for the Clean Air Act). NSR permits have been required by regulations since the 1970's but the EPA is working to update and improve these regulations. The EPA action to adopt carbon pollution standards will help clean up and modernize the way we power the country and prevent life-threatening air pollution like toxic mercury, dirty soot and the smog that triggers asthma attacks.

On May 24, 2012, Sierra Club activists and others packed two U.S. Environmental Protection Agency (EPA) public hearings in Washington, D.C. and Chicago. Sierra Club activists joined health professionals, labor union leaders, parents, faith leaders, and public officials in testifying.

These are the first national limits on carbon pollution being spewed into the air by the nation’s largest sources, dirty coal-fired power plants. “We are here today to thank the Obama administration, and to show our ironclad support for limiting dangerous carbon pollution being dumped into our air,” said Mary Anne Hitt, Director of the Sierra Club's Beyond Coal campaign, who testified at the Washington, DC hearing with her 2-year-old daughter, Hazel. “These standards will allow EPA to focus on the industry that creates the lion’s share of the nation’s carbon pollution – Big Coal. For the sake of our kids and families who need clean air to breathe, workers who need good jobs, and all of us who need a stable climate, we urge the EPA to quickly finalize strong carbon pollution standards.”

In Chicago, the leaders that testified in favor of the carbon pollution standards include Brian Urbaszewski of the American Respiratory Health Association of Metropolitan Chicago and Steve Frenkel, the director of the Union of Concerned Scientists’ Midwest office.

In Washington, D.C., testifiers included Mary Anne Hitt, director of the Sierra Club’s Beyond Coal campaign and Laura Anderko, RN, PHD, Endowed Chair at Georgetown University School of Nursing & Health Studies.

The EPA's public comment period for the proposed EPA carbon pollution standards began April 13 and concludes on June 25. The carbon pollution standard has already generated more supportive comments than any other EPA standard in history. More than 1.3 million Americans have already submitted public comments supporting EPA action to adopt carbon pollution standards.

Click here to add your name to a virtual rally for people to send messages to the EPA and to Administrator Lisa Jackson showing support for the carbon pollution standards.

© 2012, Richard Matthews. All rights reserved.

Related Posts
EPA Limits GHGs from Power Plants
EPA Proposes Standards for the Airline Industry
The EPA's Top Green Powered Organizations Q1 2012
EPA's Top 20 On-Site Power Generation List
EPA's Clean Air Rules
Supreme Court Recognizes EPA Role
Koch Industries War with the EPA
Zotos Earns a Place on the EPA's Top 20
Video: EPA Administrator Lisa Jackson
Cardinal Health and the EPA's SmartWay
EPA's Proposed Rule to Regulate Emissions
The EPA Proposes Cleaner Air
Too Dirty to Fail: The GOP's Ongoing War with EPA Standards
Republican's Fail in their Bid to Defund the EPA
The Ignorant Anti-Environmental Views
Defend Clean Air and Oppose the TRAIN Act
Stop the Republicans Anti-Environment TRAIN
EPA Working Cooperatively to Improve Fuel Efficiency
Republican Cuts Target Green Jobs

Energy Emissions Comparisons: Renewables vs Coal

No energy has zero emissions but clearly some sources of energy are better than others.  To help identify power sources that have the lowest energy requirements the US Department of Energy’s National Renewable Energy Laboratory (NREL) has released an analysis that lets users compare, contrast and better understand what a lifespan of emissions means for project permitting, environmental impacts and future policy. Here are the lifetime carbon emissions of a clean source of energy compared with fossil fuels.
According to the NREL research greenhouse gas emissions over the life of a solar and wind projects are about 5 percent of those of a coal plant. One of the findings that might surprise some who are against nuclear energy is the fact that nuclear power rates about as well as renewable energy;

To get to these numbers, the researchers at NREL applied their modeling to more than 2,000 studies across energy technologies like bio, solar, geothermal, hydropower, ocean energy, wind, nuclear, natural gas and coal. Then they set up a database that allows viewers to compare the differences between, say, concentrated solar power trough installations and emerging ocean wave technology.

According to this research coal has 1,001 grams of carbon dioxide emitted per kilowatt-hour of electricity generated. PV generates about 45 grams of carbon dioxide emitted per kilowatt-hour of electricity generated and wind energy has a range of 3 to 45 grams with a median 11 grams. Nuclear had a very large harmonized range of 4 to 110 grams, with a median of 12.

“As a society, we need to better understand what the effects of our energy choices are. Greenhouse gases and climate change are a part of the discussion. As we try to envision what our future energy system will look like, we need an accurate picture of what that transition will mean,” said Garvin Heath, a scientist with NREL and a leader of the project. “This methodology allows you to arrive at a better precision, so you can say with more certainty that this is the benefit you get from using this technology rather than that technology.”

To go to the LCA Harmonization app click here

© 2012, Richard Matthews. All rights reserved.

Related Posts

US Military: More Renewable Energy Less Fossil Fuels

The US military continues to support clean energy and the Department of Defense is stressing the importance of reducing its dependence on fossil fuels. This view was reiterated at a May 11th event titled "Mission Critical: Clean Energy and the U.S. Military." The DoD wants to reduce its use of fossil fuel, for both national security and economic reasons.

As reviewed in a Matter Network article the military is increasingly green for several good reasons, which includes:

- The military is 25 percent of government's energy burden - The Pentagon is biggest consumer of fossil fuels in the world, burning 300,000 barrels of oil per day at a cost of more than $30 million in fuel per day

- A $1 increase in the price of oil increases DoD's energy cost by $100 million per year

- 1 out of every 50 convoys in a combat zone results in a casualty, and the Army has accrued more than 3300 fatalities in convoys since 2001

- Convoy and security costs $100 per gallon for combat zones

Senator Mark Udall of Colorado emphasized that the military is implementing many fuel-reducing technologies because of the high human price paid in getting fuel to the front lines. "Saving energy saves lives," he said, adding that adopting clean energy technologies is "one of the most patriotic things we can do."

According to Mark Mahoney, director of the Army Regional Environmental and Energy Office, one benefit to renewable adoption is that a platoon can reduce the load it carries by 700 pounds simply by replacing portable generators with solar chargers.

By 2025 the military plans to generate 25 percent of its energy from renewable sources like solar and wind. An increasing number of military facilities are now net zero including Fort Carson, Colorado, Fort Bliss in El Paso, Texas. From large scale projects to small scale endeavors the military is increasingly reliant on renewable sources of energy.

© 2012, Richard Matthews. All rights reserved.

Related Posts
President Obama's 2013 Environmental BudgetUS Military may Stop Buying Biofuels
Clean Energy Excerpts of President Obama's 2012 State of the Union AddressObama Makes Good on Promises with Executive Orders
How to get Through to Climate Change Deniers

The 12th Annual Energy Summit: The End User's Energy Summit (Event)

The 12th Annual Energy Summit known as The End User's Energy Summit will take place on Friday, June 8, 2012 from 7:30 AM to 7:00 PM at the Computer History Museum in Mountain View, CA. This is an all-day conference featuring case studies on energy efficiency, smart grid and renewable energy. The 12th Annual Silicon Valley Leadership Group Energy Summit will feature case studies from NetApp, HP, California State University, De Anza College, Kaiser Permanente, SMUD, Intel Labs, Pecan Street Inc, SUPERVALU, EPRI, University of California - Berkeley, UCSF, Genentech, and Stanford University Featured speakers include Tony Earley, CEO of Pacific Gas and Electric Corporation and California State Controller John Chiang.

Check out the full agenda here.

For more information or to register click here.

© 2012, Richard Matthews. All rights reserved.

Related Posts

DEP Water Quality Management Planning in NJ (Event)

On June 8, 2012, an event titled "DEP Water Quality Management Planning in NJ" will take place from 8 am to 10:30 am at the College of New Jersey in Ewing, NJ. Join PlanSmart NJ, APA NJ and The Sustainability Institute for their first policy briefing exploring the changing landscape of DEP water quality management planning in NJ. Hear speakers representing different perspectives discuss the opportunities and challenges they face.

The list of speakers includes Tim Dillingham, Executive Director, American Littoral Society; Raymond Ferrara, PhD., Principal, Omni Environmental; David Fisher, PP/AICP, Vice President of Governmental Affairs,K. Hovnanian Homes; Michelle Siekerka, Esq., Assistant Commissioner, Economic Growth and Green Energy, New Jersey Department of Environmental Protection; and Neil Yoskin, Esq., Partner, Sokol Behot & Fiorenzo

The cost for PlanSmart NJ member is $45, non-profit/government is $55 and non-member is $65 (Registration fee includes continental breakfast).

To register click here.

© 2012, Richard Matthews. All rights reserved.

Related Posts
Seven Ways to Save the Seas
Air and Water in the OECD Report
OECD Environmental Outlook to 2050: The Consequences of Inaction
Water as a Weapon of WarNew Tool Helps Companies with Water Risks
Protect the US Clean Water Act
Report on the UN's World Water Day Panel Discussion
World Oceans Day UN Panel Discussion
Alarming Facts About Water
Solutions to Diminishing Ground Water
Solutions to the World Water Crisis
Population Growth and Climate Change will Add to the World Water Crisis
Water Management Webcast: Cities and the Global Water Crisis
Siemens Water Tool on Facebook
Water School’s Ascent of Mount Kilimanjaro
Banana Peels and Water Purification
Sustainable Water Purification Technology Investing in Water
Celebrate World Water Day
UN World Water Day 2012
World Water Week 2011
World Water Week 2011: The Business of Water Management Requires Collaboration
World Oceans Day 2011 is Focused on Youth
WWF Celebrates Canada Water Week
GWC and World Water Day 2011
First International Water Hour
Blog Action Day 2010: Raising Awareness about Water

Pennsylvania Contaminated Property Management: Land Recycling Program (Webinar)

On June 7, 2012 at 10:00 a.m. EST a free webinar called "Pennsylvania Contaminated Property Management: Land Recycling Program," will be broadcast by the Pennsylvania’s office of August Mack Environmental, Inc. It will review of the Pennsylvania’s Land Recycling Program, more commonly referred to as Act 2, which allows the voluntary cleanup and reuse of contaminated residential, industrial, and commercial properties. The Land Recycling Program is based on a handful of principals that guide the cleanup of contaminated properties. This webinar will present the four main principals of the ACT program and discuss how taking a site through the Act 2 Land Recycling Program affords stakeholders with a greater degree of cleanup flexibility.

For more details, call 317.916.3113.

To register click here. © 2012, Richard Matthews. All rights reserved.

Fourth Annual Northeast Sustainable Communities Workshop (Event)

On June 7, 2012 the Fourth Annual Northeast Sustainable Communities Workshop will take place at John Jay College, New York, NY. This workshop will not simply add 'sustainability' to the list of issues related to Brownfields but will look deeply at the interconnections and confluences that make for creating sustainable communities through Brownfields redevelopment.

The program for this workshop is one day of intensive, high energy exchanges between stakeholders sharing varied perspectives on the issues surrounding Brownfields and sustainability. Stakeholder perspectives that include real estate finance, government at all levels, corporations, community representatives, NGOs and consultants who provide a range of technical expertise will be invited to participate in interactive sessions that focus on best practices and the challenges to their implementation.

For more information click here.

© 2012, Richard Matthews. All rights reserved.

Related Posts

Impact of International Green Construction Code (Event)

On June 5, 2012 an event will take place titled, "Impact of International Green Construction Code (IgCC) on New Jersey." It will take place at Atlantic Cape Community College, Worthington Atlantic City Campus from 8:30am to 5:30pm. Over the last several years the International Code Council has been in the process of developing the International Green Construction Code (IgCC). This code is intended to serve as a model for various state building codes. It was prepared in collaboration with the USGBC, ASHRAE and AIA. The IgCC which is scheduled to launch later this Spring.

This professional development seminar will address key features of the IgCC and its coordination with other sustainable development guideline. The seminar will address the IqCC's impact on green building and sustainable design in New Jersey. This seminar will also address various issues concerning the professional standard of care, legal and contractual obligations, and incurability.

The cost for this seminar is $249 which includes a continental breakfast and lunch.

For more information or to register contact Dharmesh Dave at (609) 343-5658 or email him at ddave@atlantic.edu

© 2012, Richard Matthews. All rights reserved.

Related Posts
PENPAC Legislative Roundtable (Event)
State of New Jersey Solar Industry (Event)
New Jersey's Forests with Leslie Sauer (Event)
Two Green Events in New Jersey
DEP Water Quality Management Planning in NJ (Event)
Impact of International Green Construction Code (Event)
NJ Association of Energy Engineers 2012 (Event)
PENPAC Legislative Roundtable (Event)
LEED-certified Green House Tour (Event)
The Success of RGGI Carbon Trading
Princeton is Building Large Solar Array
Green Schools are Bridging the Knowledge Gap

Sustainability Planning (Video): Business Practice Part 1/10


This short video addresses the concepts and strategies of sustainability planning for a coherent approach. Sustainability planning is important because it helps and organization to develop a strategy that focuses their resources efficiently. Sustainability planning is also a means of coordinating an approach that involves tracking that forms the basis of reporting. Finally sustainability planning reduces the chances of missing important elements. This video is part one of a ten part series on sustainability. It is a step-by-step guide to sustainability planning and serves as a business guide to sustainability. The speakers include Alan AtKisson and Marsha Willard who tackle the issues faced by organizations attempting to implement sustainable practices, and explore the practical experiences of consulting firms AXIS Performance Advisors and The AtKisson Group in an international context.

Related Posts
The Competitive Advantage of Sustainability: Short Costs Long Growth
Sustainability Nears a Tipping Point
Investors and Global Sustainability
MIT Survey Shows More Businesses are Embracing Sustainability and Turning a Profit
Sustainability Success Kit from Enviance
Sustainability (Sustainable) Defined
Top 10 Global Sustainability Leaders (Report)
Global Survey on Sustainability
10 Sustainability Initiatives for Small Businesses
The GRI Sustainability Reporting Framework
The New Sustainability Advantage
Corporate Sustainability Experts Want a Tax
Corporate Sustainability Experts Scoff
China's Twitter Users Focused on Sustainability
Spring of Sustainability (Video)
Corporate Sustainability Strategies in Asia Part1 (Video)
Sustainability Methodology (Video)
Sustainability in the Workplace Low-Hanging Fruit (Video)
The Benefits of Sustainability in Business (Video)
How sustainability can Save your Business (Video)
The New Sustainability Advantage (Book)Sustainability Nears a Tipping Point
Investors and Global Sustainability
MIT Survey Shows More Businesses are Embracing Sustainability and Turning a Profit
Sustainability Success Kit from Enviance
Sustainability (Sustainable) Defined
Top 10 Global Sustainability Leaders (Report)
Global Survey on Sustainability
10 Sustainability Initiatives for Small Businesses
The GRI Sustainability Reporting Framework
The New Sustainability Advantage
Corporate Sustainability Experts Want a Tax
Corporate Sustainability Experts Scoff
China's Twitter Users Focused on Sustainability
Spring of Sustainability (Video)
Corporate Sustainability Strategies in Asia Part1 (Video)
Sustainability Methodology (Video)
Sustainability in the Workplace Low-Hanging Fruit (Video)
The Benefits of Sustainability in Business (Video)
How sustainability can Save your Business (Video)
Sustainable Business Methods, Strategy, Management and Reporting
Sustainable Successes and Failures
Sustainability is an Unstoppable Megatrend
The Overwhelming Logic of Sustainable Business
Social Media and Sustainability
Social Action Driving Businesses to Adopt Sustainable Practices
A Sustainable World Order
Five Rules for Going Green (Video)
1. Sustainability Planning (Video): Business Practice Part 1/10

Corporate Sustainability Experts Scoff at International Agreements

Corporate sustainability experts have little faith in international agreements to combat climate change. When asked to rank the most effective strategies to reduce greenhouse gas (GHG) emissions, these experts put international agreements like Rio +20 dead last.

These results come from a survey by SustainAbility and GlobeScan  which asked more than 800 sustainability experts and practitioners located in more than 70 countries about their views on climate change policy. They asked respondents to rank the effectiveness of various approaches to address climate change. These approaches include, economic instruments, regulatory approaches and technology development.

Despite repeated attempts the world has not yet succeeded in agreeing to an international treaty that is capable of reigning in carbon emissions. Even the imminent expiration of Kyoto has not produced an international agreement to manage climate change.

The results of this study indicate that corporate sustainability experts have little confidence that international agreements can produce results. This is reflected in the low expectations for the Rio +20 Conference on Sustainable Development in June, and the UN's annual Conference of the Parties (COP).

© 2012, Richard Matthews. All rights reserved.

Related Posts
The Competitive Advantage of Sustainability: Short Costs Long Growth
Sustainability Nears a Tipping Point
Investors and Global Sustainability
MIT Survey Shows More Businesses are Embracing Sustainability and Turning a Profit
Sustainability Success Kit from Enviance
Sustainability (Sustainable) Defined
Top 10 Global Sustainability Leaders (Report)
Global Survey on Sustainability
10 Sustainability Initiatives for Small Businesses
The GRI Sustainability Reporting Framework
The New Sustainability Advantage
Corporate Sustainability Experts Want a Tax
Corporate Sustainability Experts Scoff
China's Twitter Users Focused on Sustainability
Spring of Sustainability (Video)
Corporate Sustainability Strategies in Asia Part1 (Video)
Sustainability Methodology (Video)
Sustainability in the Workplace Low-Hanging Fruit (Video)
The Benefits of Sustainability in Business (Video)
How sustainability can Save your Business (Video)
The New Sustainability Advantage (Book)Sustainability Nears a Tipping Point
Investors and Global Sustainability
MIT Survey Shows More Businesses are Embracing Sustainability and Turning a Profit
Sustainability Success Kit from Enviance
Sustainability (Sustainable) Defined
Top 10 Global Sustainability Leaders (Report)
Global Survey on Sustainability
10 Sustainability Initiatives for Small Businesses
The GRI Sustainability Reporting Framework
The New Sustainability Advantage
Corporate Sustainability Experts Want a Tax
Corporate Sustainability Experts Scoff
China's Twitter Users Focused on Sustainability
Spring of Sustainability (Video)
Corporate Sustainability Strategies in Asia Part1 (Video)
Sustainability Methodology (Video)
Sustainability in the Workplace Low-Hanging Fruit (Video)
The Benefits of Sustainability in Business (Video)
How sustainability can Save your Business (Video)
Sustainable Business Methods, Strategy, Management and Reporting
Sustainable Successes and Failures
Sustainability is an Unstoppable Megatrend
The Overwhelming Logic of Sustainable Business
Social Media and Sustainability
Social Action Driving Businesses to Adopt Sustainable Practices
A Sustainable World Order
Five Rules for Going Green (Video)
1. Sustainability Planning (Video): Business Practice Part 1/10

Corporate Sustainability Experts Want a Tax on GHGs

Corporate sustainability experts indicate that a tax on greenhouse gases (GHGs) is the best way to combat climate change. These experts want to change the economics of energy, they see government involvement as crucial to create the right incentives and disincentives to reduce emissions. Twice as many of these experts believe that economic instruments work better than education to auger meaningful change.

May 9, 2012 article by Jeff Erikson reviews a survey by SustainAbility and GlobeScan that asked more than 800 sustainability experts and practitioners located in more than 70 countries about their views on climate change policy. They asked respondents to rank the effectiveness of various approaches to address climate change. These approaches include, economic instruments, regulatory approaches and technology development.

According to the experts polled in the survey, behavior change demands more than a better understanding of the effects of global warming. These experts agree that pricing carbon is the best way to create real, lasting, widespread change. The survey indicated that to make the changes required we need to use a combination of economic instruments, regulatory approaches and technological innovation.

Corporate respondents indicated a marked preference for technological solutions on climate change, they also see comparative value in regulatory approaches and economic instruments.

The economic instrument that is perceived as most effective in providing global solutions to climate change is a tax on GHGs. What was most surprising was the fact that emissions trading schemes are seen as the least effective economic instrument (in a similar 2006 survey the took second place).

In summary experts believe that the best way to tackle climate change is to increase the cost of emitting GHGs,and change the economics of energy. Essentially the idea is to make GHGs expensive and provide incentives to reduce emissions. The experts surveyed said that governments should use taxes, tax credits, rebates, and support technology development.

Even in the absence of government action on the environment, the business community has an important role to play. Companies who understand the implications of climate change need to lead and share their leadership with other businesses and the general population. Businesses have a vested interest because anyone with even a cursory understanding of the issues knows that there is no business on a dead planet.

© 2012, Richard Matthews. All rights reserved.

Related Posts
The Competitive Advantage of Sustainability: Short Costs Long Growth
Sustainability Nears a Tipping Point
Investors and Global Sustainability
MIT Survey Shows More Businesses are Embracing Sustainability and Turning a Profit
Sustainability Success Kit from Enviance
Sustainability (Sustainable) Defined
Top 10 Global Sustainability Leaders (Report)
Global Survey on Sustainability
10 Sustainability Initiatives for Small Businesses
The GRI Sustainability Reporting Framework
The New Sustainability Advantage
Corporate Sustainability Experts Want a Tax
Corporate Sustainability Experts Scoff
China's Twitter Users Focused on Sustainability
Spring of Sustainability (Video)
Corporate Sustainability Strategies in Asia Part1 (Video)
Sustainability Methodology (Video)
Sustainability in the Workplace Low-Hanging Fruit (Video)
The Benefits of Sustainability in Business (Video)
How sustainability can Save your Business (Video)
The New Sustainability Advantage (Book)Sustainability Nears a Tipping Point
Investors and Global Sustainability
MIT Survey Shows More Businesses are Embracing Sustainability and Turning a Profit
Sustainability Success Kit from Enviance
Sustainability (Sustainable) Defined
Top 10 Global Sustainability Leaders (Report)
Global Survey on Sustainability
10 Sustainability Initiatives for Small Businesses
The GRI Sustainability Reporting Framework
The New Sustainability Advantage
Corporate Sustainability Experts Want a Tax
Corporate Sustainability Experts Scoff
China's Twitter Users Focused on Sustainability
Spring of Sustainability (Video)
Corporate Sustainability Strategies in Asia Part1 (Video)
Sustainability Methodology (Video)
Sustainability in the Workplace Low-Hanging Fruit (Video)
The Benefits of Sustainability in Business (Video)
How sustainability can Save your Business (Video)
Sustainable Business Methods, Strategy, Management and Reporting
Sustainable Successes and Failures
Sustainability is an Unstoppable Megatrend
The Overwhelming Logic of Sustainable Business
Social Media and Sustainability
Social Action Driving Businesses to Adopt Sustainable Practices
A Sustainable World Order
Five Rules for Going Green (Video)
1. Sustainability Planning (Video): Business Practice Part 1/10