Global energy technology company SLB and leading geothermal and renewable energy company Ormat Technologies today announced an agreement to fast-track the development and commercialization of integrated geothermal assets, including enhanced geothermal systems.
Major brands like ours have an opportunity to lead in accelerating the transition to a low-carbon future. A new report by the International Renewable Energy Agency (IRENA) shows that businesses are stepping up their use, procurement and investment in renewable electricity. While this is good news, only 17% of us have a specific target for renewable electricity and a mere 134 have committed to 100% renewable electricity use.
Nominations are now being accepted for the World Environment Center’s (WEC) 2019 Gold Medal for International Corporate Achievement in Sustainable Development. The Gold Medal Award is presented annually to a global company that demonstrates deep, organization-wide commitment to sustainability in its business practice and beyond.
Although our corporate environmental impact is minimal due to the nature of our business, we’re always looking for innovative ways to reduce that impact. The Aflac Board of Directors Corporate Social Responsibility and Sustainability Committee leads our program, which is called Aflac SmartGreen®.
To address the impact of our ecological footprint, Schneider Electric recently hosted a webinar that considered the various ways humans can utilize the earth’s resources in a more responsible manner.
Sandy Nessing, Managing Director of Sustainability at American Electric Power, describes how sustainability has transformed how the Ohio-based utility does business.
Sustainable development is core to our business strategy. We balance a daily operational focus of sourcing wood, identifying productivity improvements and fulfilling customer orders, with a longterm view for growth in core markets and expansion through investment in new markets, innovative equipment and groundbreaking technology.
Novartis announced today a Virtual Power Purchase Agreement (VPPA) in collaboration with Invenergy, North America’s largest privately held renewable energy company. As part of the Novartis environmental strategy, the initiative aims to add 100 megawatts (MW) of wind power to the electrical grid.
Mohawk Group donated the solar flower through our collaboration with Groundswell and Elevate Energy, among others, to benefit The Renaissance Collaborative (TRC), a non-profit organization that supports sustainable and affordable housing and related programming in Chicago. TRC’s offices and its Renaissance Apartments are housed in the restored Wabash Avenue YMCA, continuing the legacy of providing housing and job training in the Bronzeville neighborhood.
We have long known that our Living Progress plan is the right thing for a responsible company to do. But we now have increasing evidence that our sustainability credentials contribute to our business objectives and deliver value to our shareholders. This trend is reflected in the burgeoning growth of the sustainability investment sector.
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