The CLP Group has tightened the carbon intensity reduction target of its Asia-Pacific power business for 2050, the company unveiled in its latest Sustainability Report and Annual Report. Over a decade ago, CLP voluntarily introduced the Climate Vision 2050, where it committed to lower the carbon intensity of its generating portfolio by approximately 75% of its 2007 position by 2050. After a review of the energy transition underway in each of the key markets the Group operates, the company has set an even more ambitious target of reducing the carbon intensity by 82% by 2050, while increasing the share of renewable energy capacity to 30% and non-carbon emitting generating capacity to 40% by 2030.
A recent report from NRG Energy found that tackling energy sustainability is a significant challenge, though cities of all sizes can do it by first assessing their unique resources and strengths. Energy is far from the only factor cities consider when addressing sustainability, though. Cities' waste streams, and whether or not to ban controversial items like foam and single-use plastic bags, are another.
The U.S. is one of the biggest nations facing climate disparity right now, since the Trump administration chose to pull the country out of the global Paris Agreement last summer. As the federal government's support for climate issues lags, however, U.S. cities have vowed to uphold the charter's principles — and commitment to climate hasn't stopped there.
Do you believe that corporate social responsibility is important to your company, but that it’s someone else’s problem?
A recent Harvard Business Review article entitled “How to Make Sustainability Every Employee’s Responsibility” posits that question (albeit substituting “sustainability” for “corporate social responsibility”) and suggests that while many companies talk about sustainability and integration, it’s much harder to get people to act individually to achieve these corporate goals.
For decades, the definition of “infrastructure” has remained unchanged and was used to define roads, bridges, electricity and water delivery systems, among other examples. But as cities continue to build upon smart city efforts, the concept and very definition of infrastructure is changing.
One of the largest stock exchanges in the world, Deutsche Börse strives to drive progress and innovation in sustainable finance. In this interview, Deutsche Börse's Head of Group Sustainability, Kristina Jeromin, talks about the increasing investor interest in ESG data, and the role of sustainability reporting in long-term oriented investing.
In our new report, TURNING POINT: Corporate Progress on The Ceres Roadmap for Sustainability, we take a closer look at how more than 600 of the largest U.S. companies are responding to these calls and positioning themselves for success in a world increasingly shaped by unprecedented environmental and social challenges. The analysis specifically takes a closer look at the progress of more than 600 companies to meet 20 key expectations of sustainability leadership within the areas of governance, disclosure, stakeholder engagement, environmental and social performance, as outlined in the Ceres Roadmap for Sustainability.
Geisha Williams, CEO and president of PG&E talks about the opportunities for utilities to capitalize on decarbonization of the transportation sector. Learn more about how utilities are making progress towards reducing greenhouse gas emissions in Ceres new analysis, Turning Point: Corporate Progress Against the Ceres Roadmap for Sustainability, at www.ceres.org/turningpoint.
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This year marked the 20th anniversary of hurricanes Katrina and Rita. Katrina, one of the worst, deadliest and most costly natural disasters to ever...
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