A curious dilemma has emerged for the environmental community seeking to encourage companies to adopt sustainable production practices through the vehicle of market-based, voluntary certifications. Until this dilemma is resolved, it could drive the very companies who are engaged in the best practices away from participation in these certification programs.
Siemens has developed a digital measurement technology that records stress in gear units during their operation. The data can then be used to optimize the design of a new gear unit for the same application. This enables overspecification to be avoided without running any risk of undersized units failing due to overloading. Procurement costs are thus reduced, and the data also provide information on how to optimally operate the unit. Flender Gearlog – the name of the measurement technology – incorporates various sensors and a specially developed computer including software for evaluating the data.
Siemens and various partner companies in the energy, chemical and steel industries are addressing this question in a joint project known as Carbon2Chem. This project, which is supported by a EUR 50 million grant from the German Federal Ministry of Education and Research, was officially launched in late June.
Jane Madden, Managing Director and Head of U.S. Corporate Responsibility, contributed to an article in the October issue of Chief Executive magazine about the business benefits of prioritizing social change.
This Sunday marks Easter, a holiday celebrated by many families with church, ham, egg hunts and chocolate. Lots of chocolate. Easter is the second top-selling confectionary holiday behind only Halloween, according to the National Confectioners Association. So now is a fitting moment to think about the effort that goes into making the chocolate in those Easter baskets.
The “Bold Transparency” track at the BSR Conference 2016 will help us move beyond the hyper-transparency trend and design ambitious strategies that have practical impact.
Subaru of America and The Leukemia & Lymphoma Society (LLS) wrapped up their June initiative, Subaru Loves to Care, which literally brought warmth and hope to thousands of patients fighting cancer across the country.
Sturdy, dark blue bicycles bearing ST-GERMAIN® elderflower liqueur branding serve as a sustainable solution for employees who work at the Bacardi Limited worldwide headquarters in Bermuda.Employees use the company-provided bicycles as a means to travel around the world’s largest privately help spirits company’s campus and local community as part of the ongoing Bacardi Limited “Good Spirited: Building a Sustainable Future” environmental initiative.
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