(3BL Media/Just Means) - I remember that on my first visit to Switzerland back in the 1990s, I was surprised when my host asked me whether I wanted fizzy or still water from what looked like a standard water dispenser. I was not familiar with fizzy water makers then, they were not common in London,where I lived at the time. “I’ll take fizzy,” I said, which is my choice when I drink water away from home. It's a small treat.
FROM THE EDITOR
The Green Bond Game is On—But What are the Rules?
The market for green bonds is blowing up: from $11 billion in 2013 to about $34 billion so far this year. Some analysts project a $100 billion market in 2015. But there’s a basic question to be answered if this market is going to be sustainable: what makes a bond “green?” The Climate Bonds Initiative offers standards in the renewable energy and building sectors, and is developing definitions for other areas. A group of investment banks— JPMorgan Chase, Bank of America Merrill Lynch, Citi, and Crédit Agricole—have put forth the Green Bond Principles, voluntary guidelines that outline categories such as renewable energy and energy efficient buildings. Now, the International Capital Market Association has called on buyers, underwriters, and issuers of green bonds to refine the principles. Markets this large require clarity, and the green bond concept is getting it—fast.
John Howell, Editorial Director
News & Blogs
(3BL Media/Justmeans) – Nearly 40 percent of the energy consumed in the U.S. is used to generate power, which makes power consumption a key component of the country’s environmental footprint. Most to this power in the U.S. is generated from fossil fuels. The United States Environmental Protection Agency (EPA) co-sponsors the Green Power Leadership Awards to recognize leading actions of organizations and individuals that advance the development of green power sources to reduce the environmental footprint.
(3BL Media/Justmeans) - Where will the scientists of tomorrow come from? Just maybe from the Amgen Foundation, which is expanding its Amgen Scholars Program, with new host institutions in the U.S., Europe and for the first time in Japan.
(3BL Media/Justmeans) - In a global show of support for increased efforts to tackle diet-related ill health, leading health campaigners and consumer advocates from across the world have publically endorsed calls for a tobacco-style Global Convention to protect and promote healthy diets.
(3BL Media/Justmeans) - Today’s energy picture is a complex one, with many factors influencing the direction a given region might take in selecting the type of energy technology they want to move forward with.
Obviously, resource availability is a crucial concern. If you want to choose solar, you’ll want to have lots of sunshine. The same is true for wind, hydro, geothermal, or even coal, for that matter. But there are many other factors that come into play including policy, infrastructure, as well as the level of concern over issues that go well beyond the local area.
(3BL Media/Justmeans) – It is easy to be cynical about business awards, but in the area of CSR and sustainability, awards have a special role and meaning. An award in this area not only draws attention towards initiatives and achievements of the winner, but the recognition it brings also serves as a source of motivation for other players in the industry. Consumers, investors and other stakeholders are in a position to make better informed choices when there is clear recognition for a responsible corporate citizen.