(3Bl Media/Justmeans) - There is a now-famous quote attributed to Charles Wilson, who, in 1953 was the CEO of General Motors. What Wilson supposedly said was, “What’s good for General Motors is good for America.”
While that was never entirely true, GM has recently been doing some things that have been good for America, and the rest of the world, which has also been good for themselves as well.
What GM has been doing is taking action to minimize their carbon emissions and being highly transparent in their reporting of those actions. Enough so that CDP, formerly known as the Carbon Disclosure Project, gave them a perfect score of 100 in their 2014 assessment of all the companies in the S&P 500 based and disclosure and performance.
The CDP report, entitled “Climate Action and Profitability,” was undertaken to provide a massive group of investors representing some $92 trillion in assets with information on the climate actions and disclosure practices of all the companies in the S&P 500. Surveys were sent out to all 500 companies. A total of 348 responded. The report found strong correlation between climate action and profitability, specifically, return on equity (ROE).
Guest blog by Sara Santiago, Stakeholder Engagement Manager at Future 500
(3BL Media/Justmeans) – Small and medium-sized enterprises (SMEs) are a major driver of economic development and job creation, particularly in the developing countries. In comparison to other business sectors, jobs in the clean technology sector are relatively safer, better paid and involve higher skills. Governments as well as private business organizations must turn a strategic focus on the clean-tech sector to realize its full growth potential.
(3BL Media/Justmeans) - Indian actress Deepika Padukone is not the first Bollywood star to clash with the media recently protesting on how the media treats women. The brutal gang rape of a 23-year-old physiotherapy student on a bus in Delhi in December 2012 was a game-changer in a society where women are often treated as second-class citizens and have long been exploited.
(3BL Media/Justmeans) - Door-to-door searches during a three-day curfew in Sierra identified more than 350 suspected new cases of Ebola, according to a U.S. diplomat, as the American public health institute the Centres for Disease Control (CDC) has been heavily involved in the emergency response.
(3BL Media/Justmeans) - There was big news in Emmetsburg, Iowa this month—the opening of a major cellulosic ethanol plant. The plant, which is the first commercial-scale cellulosic facility in the US, is a joint venture between Poet and Royal DSM. Code-named Project Liberty, the plant was christened in a ceremony featuring His Majesty Willem-Alexander, King of the Netherlands, along with a host of others including U.S. Secretary of Agriculture Tom Vilsack, Deputy Under Secretary Michael Knotek of the Department of Energy, and Iowa Governor Terry Branstad.
The plant will initially process 570 million pounds of biomass, primarily crop residue in the form of corn stover, each year, converting it to 20 million gallons of ethanol. At full capacity those numbers will increase to 770 and 25 million, respectively.
Traditional corn ethanol production uses the age-old process of distilling starches into alcohol, the same way that distilled spirits are made. The ability to convert the leaves and stalks and other waste material containing lignocellulose was something that had never been done before. The science was difficult and it has taken longer than expected, leading the EPA to revise the numbers in the Renewable Fuel Standard (RFS), a mandate for the production of bio-fuels to help reduce our dependence on fossil fuels.
Concerns have been raised as to the implications of removing potential nutrition from the soil. This is offset, at least in part, by the fact that crop densities have nearly doubled over the past thirty years. Additionally, only 17% of the residue is currently being taken. Studies have shown a range of impact between a slight decrease in yield to an actual increase.
The entire bio-ethanol program has been under attack since its inception from a variety of sources including the oil industry, which fears the loss of business, environmentalists who are concerned about water and air pollution, and consumer, food industry and anti-hunger groups who have expressed concern that using crops and/or cropland for fuel production could lead to higher prices or worse. This latter concern was realized to some degree last year, with the Midwestern drought leading to a falloff in production. The good news was that much of the shortfall, which primarily impacted animal feed prices, was offset by increased production in other parts of the world. Then of course, there are those people who don’t like the government telling them anything.