Environment

Today, Novo Nordisk was recognised as a Nordic leader for the quality of climate change related information that it has disclosed to investors and the global marketplace through CDP (Carbon Disclosure Project).

The Sustainability Accounting Standards Board (SASB) just announced a new credential for accountants charged with analyzing sustainability issues that impact the bottom line. “More and more companies are disclosing sustainability information. In 2011, only about 20 percent of S&P 500 companies produced a sustainability report, while in 2014 that number jumped to 75 percent.”

Baxter International Inc. (NYSE: BAX) has been recognized as a corporate sustainability leader for the 16th consecutive year as part of the Dow Jones Sustainability Index. The company also has advanced a variety of newly initiated corporate programs to provide young environmental scholars with practical experience, support crisis intervention and suicide prevention for young people, and offset greenhouse gas emissions associated with its air travel.

"Imagine the scenario. A large multinational with a secure market position, steady cash flows and a healthy balance sheet suddenly and unexpectedly gets news of a regulatory change that will have a significantly negative impact on its business. Almost overnight the company is forced to write off millions..."

Kering and BSR published a report today on tackling resilience to climate change in luxury fashion. The report is a first analysis of climate change and its consequences for the Luxury sector.

GreenBiz Group and the World Business Council for Sustainable Development (WBCSD) are partnering to bring the WBCSD Council Meeting during COP21 to a global online audience for the first time.

Since mid-October, the archipelago of Indonesia has been under a haze of smoke from fires in Sumatra and Kalimantan. Mimika Regency in Papua, located east of where the fires rage, has smog thick enough to close the local airport.
In response to the smoke and haze damage, PT Freeport Indonesia has provided 6 tons of food as well as supplies for response teams dealing with the smoke and fire devastation.

Trane presented its Energy Efficiency Leader Award to the Virginia Department of Forensic Science (DFS) on Oct. 29.