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
Nearly all climate scientists and every government on earth (except for one) agree that society faces profound risks from human-induced climate change. Does your mutual fund company, investment manager, or 401(k) manager agree that the risks are serious and extend to companies in their portfolios?
For an overview of risks to businesses from climate change and what they should disclose, see reports and recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosure (TCFD), Chaired by Michael Bloomberg, former Mayor of New York City. Examples of these risks already translating into impacts include the record-breaking string of Atlantic hurricanes and wildfires in North America.
Today’s approaches to managing oil & gas utility asset application data do not provide the high-quality foundation necessary to drive new insights into improving operations, regardless of how much we may wish for it.
Winter has officially hit West Michigan and the freezing temperatures have arrived. For many families the cost of keeping the heat on hits close to home.
Consumers Energy has been ranked as Michigan’s top company – and ninth in the nation – in Newsweek’s annual “Green Rankings,” a reflection of its commitment to environmental principles that are good for its home state of Michigan and customers. Consumers Energy was flanked by Apple and Johnson & Johnson on the list of top performing companies in the country. California-based Cisco Systems finished first overall.
One might think the proliferation of renewables would spell the demise of natural gas, but market leaders know that gas-fired generation will continue to play an important role even as an influx of renewable energy reshapes the American power landscape.
Sustainability is in Schneider Electric’s DNA. It is rooted in everything we do. Our mission is to help our customers meet their sustainability goals while continuing to grow their business.
General Motors Flint Complex has received a $2.6 million incentive payment from Consumers Energy for energy efficiency upgrades, part of the energy provider’s commitment to helping businesses across Michigan lower their energy costs. Consumers Energy President and CEO Patti Poppe presented the incentive check to GM officials at the Flint Assembly plant today.
Whirlpool Corporation has completed installation of wind turbine near Ottawa, OH plant that is expected to generate energy quantities equivalent to the amount needed to power 300 - 400 American homes.
Whirlpool Corporation has completed a wind turbine project at its Ottawa, OH plant. The $13.5 million project is expected to generate 1.5 megawatts of electricity and offset 34% of energy needs at the facility.
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