Intel

RBSNY Will Dig into CSR Potential & Purpose

(3BL Media/Justmeans) — Coming up on March 27-28 in New York is the 5th annual Responsible Business Summit produced by Ethical Corporation. This event will feature over 250 attendees with some of the world’s biggest names in CSR and sustainability. This year’s Summit is aimed to help businesses uncover the potential for CSR to drive profit, and shape strategy with empirical justification. To quote Willy Foote, CEO of Root Capital, “The Responsible Business Summit NY, is a powerful opportunity to advance the shared value conversation and, ultimately, contribute to a more sustainable and prosperous future.”

This is an opportunity for businesses of all stripes to find alignment between their core vision and those of others in the growing responsible business community.
Attendees will have the opportunity to network with and hear from leaders of organizations including: Google, PepsiCo, The New York Time, General Motors, Oracle, Wall Street Journal, Intel, Steelcase, and dozens more. You can see the complete list here.

Keynote topics will include:

  • Being a responsible business – what’s not to get?!
  • Climate change policy
  • How Investors and Companies can work together to achieve sustainable long-term growth
  • The Responsible Sourcing Journey
  • How to reshape business to deliver on Sustainable Development Goals
  • Implementing the CEOs vision into practice
  • Aligning Business Strategy Around Social Purpose
  • Creating a business of purpose
  • Leverage global brand presence to resonate purpose in local markets
  • The future for conflict-free supply chains

Three extended interactive workshops will be featured, on Supply Chain Transparency and Traceability, Human Rights, and Storytelling in Reporting.

12 Major Companies Sign Pact to Purchase More Renewable Power

(3BL Media/Justmeans) - Most businesses will tell you that their reason-to-be is to meet their customers’ needs. So when a group of major corporations that use a great deal of energy get together to sign a pact asking their utilities to provide more renewable energy, one would expect utilities to take notice.

That is the rationale behind the Renewable Energy Buyers’ Principles, which focuses on buyers’ unmet demand for more renewable energy. The principles were jointly created by the World Wildlife Fund (WWF) and the World Resource Institute (WRI) to help companies navigate the” increasing complexity and transaction costs” associated with large scale purchases of renewable power.

The twelve companies that signed the agreement are Bloomberg, Facebook, General Motors, Hewlett-Packard, Intel, Johnson & Johnson, Mars, Novelis, Procter and Gamble, REI, Sprint, and Walmart. All of these companies are driving towards carbon neutral operation.

It might be the cart leading the horse, but as Suzanne Apple of WWF says, “These companies are leading the market in creating demand for renewable energy. The Buyers’ Principles provide sound guidance to the market providers. Some of America’s largest companies are embracing renewable energy, and their collective demand requires the market to keep pace.”

The agreement includes a combined renewable energy target of 8.4 million megawatt hours (MWh) per year through 2020. The Buyers’ Principles contain six criteria that should significantly help companies meet these ambitious purchasing goals. These are:

  • Greater choice in procurement options,
  • More access to cost competitive options,
  • Longer- and variable-term contracts,
  • Access to new projects that reduce emissions beyond business as usual,
  • Streamlined third-party financing,
  • Increased purchasing options with utilities.

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