If you were to audit a business class at a university 20 years ago, you would likely hear the recurring theme that the purpose of business is profit; to maximize shareholder value. Since that time, the Sustainable Development Goals (SDGs) have entered the picture. The SDGs are a United Nations ordained framework created to help guide government, the private sector and civil society agendas over the next 15 years.
A Jackson manufacturer is being rewarded with an $100,000 incentive from Consumers Energy for its effort to help lower energy costs for homes and businesses across Michigan.
Lower gas prices are driving investment across the sector as the industry hedges its bets on market recovery. Continuing flat demand has caused a stalemate across the industry, and most natural gas utilities remain in waiting mode. Nevertheless, the industry is looking ahead. It is expecting demand to shift and prices to eventually rise, and utilities are working to keep their assets running and maintain the systems currently in place.
On 15th November, during the India and Sustainability Standards 2017 conference organized by Centre for Responsible Business, there was a high-level panel discussion on ‘towards strategies for the commons – pro-sustainability innovations in business models and strategies’, which was convened by Terry Nelidov, Managing Director, Erb Institute for Global Sustainable Enterprise, University of Michigan.
Experts have predicted the amount of energy used by data centers will triple in the next decade, and as a responsible cloud computing company, iomart has started its journey to sustainable growth through lower energy consumption across its data centers. The company turned to Schneider Electric to lower energy use, meet energy compliance standards, and manage volatile energy costs.
Thousands gathered in Bonn Germany for the 2017 climate negotiations under the Paris Agreement. This year’s COP23 was presided over by Fiji and helped shine a light on important aspects of climate resilience and adaptation that have not been as visible at previous COPs.
GRI, the UN Global Compact and WBCSD are inviting further submissions to an inventory, which is part of the SDG Compass, to support organizations in measuring their contributions to the SDGs.
The Chevron-operated Wheatstone LNG Plant on the coast of Western Australia is one of the continent’s biggest natural resource projects. It will have the capacity to supply 8.9 million metric tons of liquefied natural gas per year—equal to 5 percent of Asia’s 2017 use—to meet the soaring demand for cleaner energy in the Asia-Pacific market. Wheatstone will also deliver 200 terajoules per day (2.2 billion cubic meters per year) of gas to Western Australian consumers. Bechtel is performing the engineering, procurement, construction, construction management, and commissioning of facilities to process and liquefy the gas, the tanks that store the fuel at -260 Fahrenheit (-162 Celsius), and the export terminal.
Chief Executive Officers (CEOs) of leading tire companies have announced the latest results of ongoing international research projects studying the potential health and environmental impacts of tires. The eleven CEOs form the Tire Industry Project (TIP), which was founded in 2005 to identify and offer solutions to sustainability challenges associated with the life cycle of tires. TIP is a proactive organization that operates under the umbrella of the World Business Council for Sustainable Development (WBCSD).
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