In the spring of 2014, my worldview changed a bit, at least with respect to how I consider and talk about environmental challenges. The catalyst for this change was my reading of a book authored by Paul Hawken. For those who know the Ray Anderson story well, this might be sounding familiar....
Two weeks ago in Paris, EcoVadis held its annual conference, providing content to both its customers and its global staff of analysts, those ultimately responsible for scoring companies across a spectrum of corporate social responsibility and sustainability criteria.
Each year, in our annual sustainability report, we look forward to reporting our progress against goals we set to ensure that Sappi North America continues as a thriving, sustainable, re-investable company. We’re committed to keeping you informed on how we’re doing in terms of employee training and safety, key environmental metrics and, of course, financial returns.
The following highlights are just a few of the achievements accomplished in 2015:
Reprinted from Institutional Investor. Michael Molitor is a Senior Fellow with the Ray C. Anderson Foundation
Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund, with $860 billion under management, has missed out on $1.9 billion in additional profits as a result of its decision to divest all of its tobacco holdings in 2010. The story that reported this fact, which ran in the Financial Times , goes on to suggest that fund managers should reconsider their investments in tobacco companies, as the sector is generating impressive returns, well above many key performance benchmarks.