Archive

Archive for the ‘sustainability’ Category

2014 NHL Sustainability Report

January 5, 2015 Comments off

2014 NHL Sustainability Report
Source: National Hockey League

Perhaps more than any other sport, hockey is impacted by environmental issues, particularly climate change and freshwater scarcity. The ability to skate and play hockey outdoors is a critical component of the League’s history and culture. Many of the NHL’s players, both past and present, learned to skate outside on frozen lakes, ponds and backyard rinks. The game of hockey is adversely affected if this opportunity becomes unavailable to future generations.

With this 2014 NHL SUSTAINABILITY REPORT, the first of its kind for the League, we address head-on the connection between hockey and the environment, and the impact we have on our planet. It is in our best interest to confront this challenge, to be transparent with our impacts and to discuss and explore with all of our stakeholders a strategy for long-term environmental sustainability.

In this report, we put forth our first carbon inventory, which details the greenhouse gas emissions associated with the many facets of our operations, including energy and water use, waste and travel. We acknowledge that NHL hockey games are energy intensive. We also acknowledge that the geographic locations of our Clubs require a substantial amount of travel over the course of a season. Like the other professional sports, these business operations affect the air we breathe and our supplies of clean, fresh water. We are determined to address these environmental challenges without sacrificing the integrity of our game.

While we have made some progress to date, we concede there is still much to do. Our plan for the years ahead, given our unique constrains, is to capture additional data and information related to the impacts of our business and to create meaningful goals to reduce those impacts. It is our objective to raise the level of environmental consciousness among our fans and arena operators, and encourage improvements within our Clubs’ buildings, our operations, employees, partners, vendors, fans and communities.

Tidal Wave or Drop in the Bucket? Differences in Water Use Across the United States

January 2, 2015 Comments off

Tidal Wave or Drop in the Bucket? Differences in Water Use Across the United States
Source: Brookings Institution

A serious drought in the American West has called national attention to our country’s water resources. U.S. businesses report substantial concerns over water supply, while the current drought in California has cost the state billions of dollars in economic losses. Not all regions of the United States, however, have the same water needs. Understanding how our nation uses water, and how these needs vary across the country, will be an important piece of the solution to the water puzzle. Using newly released data, The Hamilton Project presents an economic analysis and accompanying interactive feature to illustrate the great variation in the level and nature of water use across the country.

2014 Environmental Finance Innovation Summit (White Paper)

October 14, 2014 Comments off

2014 Environmental Finance Innovation Summit (PDF)
Source: Goldman Sachs

The underlying thesis for investing in solutions that benefit the environment is increasingly compelling, given the macro trends of a rapidly growing population and increased urbanization, the social pressures to more effectively manage the environmental spillovers that come with growth, and the security imperatives of protecting against extreme weather. At the same time, capital flow into environmentally beneficial opportunities is often constrained by uncertainties around public policy, budgetary challenges, and the natural fits and starts of nascent technologies. In response to the opportunities and challenges, a number of innovative financing mechanisms and capital markets solutions are being deployed to scale-up investments in clean technology, energy efficiency, water and green infrastructure solutions.

To raise awareness about these developments and to facilitate dialogue, Goldman Sachs hosted the Environmental Finance Innovation Summit on February 13, 2014. The Summit coincided with the powerful nor’easter Pax, which underscored the importance of the topic at hand. With a group of nearly 200 participants, the Summit provided a forum to discuss emerging innovative financing vehicles, identify obstacles and solutions to scaling up these financing mechanisms, offer policy input, and foster partnerships to drive further progress.

The following paper summarizes key takeaways from the summit.

Making the Atom Work for the Environment; New IAEA Publication Explains How Nuclear Techniques Support Sustainable Development

October 13, 2014 Comments off

Making the Atom Work for the Environment; New IAEA Publication Explains How Nuclear Techniques Support Sustainable Development
Source: International Atomic Energy Agency

Environmental degradation is a major development challenge for many of the IAEA’s Member States, affecting local, national, regional and global communities. Nuclear techniques can play an important role in addressing such challenges, contributing to sustainable development and environmental protection. A new IAEA publication, The Atom, the Environment and Sustainable Development, describes how nuclear-related technologies, such as isotopic analysis, can be used to monitor and understand environmental processes. Ultimately, such technologies advance innovative medical treatment methods, increase food security and help manage scarce natural resources.

CFOs and Sustainability: Shaping their roles in an evolving environment

September 26, 2014 Comments off

CFOs and Sustainability: Shaping their roles in an evolving environment
Source: Deloitte

Deloitte’s new whitepaper, CFOs and Sustainability: Shaping their roles in an evolving environment, reveals numerous trends in the environmental, health, safety, and social impacts of the enterprise:

  • CFOs are becoming more involved in setting and executing sustainability strategy.
  • The impact of sustainability on key financial decisions has increased in M&A, capital allocation, and capital raising.
  • Compliance with new energy efficiency and carbon regulations remain areas of high concern.

Many additional insights may be found in the whitepaper, which summarizes Deloitte’s most-recent survey; puts the findings in context with similar surveys from prior years; and provides Deloitte’s analysis and suggestions regarding potential action steps.

In addition, the paper can enhance a CFO’s understanding of his or her role in sustainability by providing a window on the sustainability activities of peers and competitors.

Chief Sustainability Officers: Who Are They and What Do They Do?

September 12, 2014 Comments off

Chief Sustainability Officers: Who Are They and What Do They Do? (PDF)
Source: Harvard Business School Working Papers

While a number of studies document that organizations go through numerous stages as they increase their commitment to sustainability over time, we know little about the role of the Chief Sustainability Officer (CSO) in this process. Using survey and interview data we analyze how a CSO’s authority and responsibilities differ across organizations that are in different stages of sustainability commitment. We document increasing organizational authority of the CSO as organizations increase their commitment to sustainability moving from the Compliance to the Efficiency and then to the Innovation stage. However, we also document a decentralization of decision rights from the CSO to different functions, largely driven by sustainability strategies becoming more idiosyncratic at the Innovation stage. The study concludes with a discussion of practices that CSOs argue to accelerate the commitment of organizations to sustainability.

McKinsey on Sustainability & Resource Productivity — Issue 2, Summer 2014

August 14, 2014 Comments off

McKinsey on Sustainability & Resource Productivity — Issue 2, Summer 2014
Source: McKinsey & Company

Articles in this issue

McKinsey on Sustainability & Resource Productivity—Introduction
In this second issue of McKinsey on Sustainability & Resource Productivity, we seek to establish the value of sustainability and to demonstrate how these opportunities can (and are) being captured in a range of industries.

Profits with purpose: How organizing for sustainability can benefit the bottom line
Becoming a sustainability leader requires big changes, but the effort is worth it—in both environmental and economic terms.

The human factor: Amassing troops for the ’resource revolution‘
Companies on the front lines of the resource revolution need to implement creative talent-management strategies.

Riding the resource wave: How extractive companies can succeed in the new resource era
With economic and social expectations rising in resource-rich countries, extractive companies must rethink how they do business.

Brave new world: Myths and realities of clean technologies
Don’t be fooled by high-profile setbacks. The cleantech sector is gaining steam—with less and less regulatory assistance.

Unconventional wisdom: Fracturing enters a new era
Faced with change on a scale not seen in decades, companies must alter their business plans to accommodate unconventionals or else risk irrelevance.

The disruptive potential of solar power
As costs fall, the importance of solar power to senior executives is rising.

Bioenergy in Europe: A new beginning—or the end of the road?
Bioenergy faces challenges in Europe, but there is reason to believe it can make a comeback.

Follow

Get every new post delivered to your Inbox.

Join 1,001 other followers