U.S. oil and gas companies, and their investors, are at risk of significant stranded assets because they are not adequately reflecting the impacts of the climate crisis and the clean energy transition in their financial reporting
Mostly, we think of the Internet, the cloud and the explosion of mobile technology as things that save us energy: letting our fingers do the walking, avoiding unnecessary trips, being more precise when we do go looking for something, and buying online. And for the most part, that is the case. Those UPS trucks running up and down your street, even though they are bigger than anything you’re driving (I would hope), they are running a specific route that passes near your house anyway.
On the corporate level, we continue to track our environmental performance and progress using industry benchmarks like the Carbon Disclosure Project and the Dow Jones Sustainability Index. Creating a GreenQuest culture across our company has proven to yield new innovations and measurable improvements time and time again.
Buildings use nearly 40 percent of all energy in the U.S. today. With the growing need of corporate real estate buyers and tenants across the spectrum to reduce their carbon footprint, construction of new energy-efficient buildings as well as retrofitting of existing buildings offers an unprecedented opportunity to the real estate sector.
On October 24, top Hollywood talent gathered at the Warner Bros. studio lot for the 25th annual Environmental Media Awards, a yearly awards show recognizing film and television that increase public awareness of environmental issues. FOX's The Simpsons collected the seventh award in the show's history for an episode exploring the issue of fracking. In addition, eight Fox productions received the Green Seal for going above and beyond in the call to make their productions more environmentally friendly.
The environmental not-for-profit CDP has commended 21st Century Fox for the transparency and thoroughness of its corporate sustainability program, awarding the company a perfect score of 100 in its latest report. CDP assesses the depth and quality of the climate change related information that companies disclose to investors and the global market place, and the organization's new report ranks 21st Century Fox among the top 10% of S&P 500 companies, placing it on the Climate Disclosure Leadership Index. This is the seventh consecutive year that the company has earned a spot on the CDLI.
DuPont today announced its 2020 Sustainability Goals as the next step in its more than 25-year commitment to sustainability. The centerpiece of the new DuPont 2020 Sustainability Goals is a companywide commitment to embed sustainability into its innovation process and R&D pipeline.
Pizza Hut corporate created the ‘Green Team’ earlier this year in an effort to create more sustainable office processes. The team has addressed several projects to implement sustainable practices at the Restaurant Support Center (RSC) this year including a waste audit, Earth Day events such as the Go Dark Hour where all lights in the RSC were turned down to conserve energy, education and awareness, and careful resource management in our headquarters.
Ingersoll Rand has been awarded a position on the S&P Climate Disclosure Leadership Index (CDLI), released today in the S&P edition of CDP’s annual global climate change report. The company earned a score of 99 out of a possible 100, a 6-point increase over 2014.
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