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We All Own Sustainability: A Q&A with The Home Depot’s Chief Sustainability Officer Ron Jarvis

8 04 2023

Ron Jarvis, Home Depot chief sustainability officer, gives a lecture in Jessica Thomas’ MBA 582: Sustainability and Business course Oct. 30, 2019 at Nelson Hall. Photo: NC University

From The Home Depot • Reposted: April 8, 2023

ReducingThe Home Depot’s environmental impact is essential to our efforts to build a better business, workplace and world. Home Depot’s chief sustainability officer Ron Jarvis has spent more than two decades driving sustainability improvements at The Home Depot. Here he offers insights into our progress.

Who drives ESG at The Home Depot?

Many associates and business leaders throughout our enterprise! They take pride in improving their departments and businesses in multiple ESG aspects. Our leadership understands that an effective environmental, social and governance strategy cannot happen in isolation. It is not the sole responsibility of a corporate ESG team. Rather, our ESG strategy must reflect The Home Depot’s core values, and it must be embedded in all aspects of how we run our business. Everybody owns it.

How have associates helped drive ESG progress at The Home Depot?

One of our eight core values is Do The Right Thing, which drives our associates to find new ways that our organization can reduce its environmental impact. This can be seen through our packaging team who looks for ways to reduce the package footprints and ways to use more sustainable materials for our private-label products. Another example are our associates who work to find ways to upcycle the packaging waste in our stores and supply chain into new products like Trex composite decking.

How is The Home Depot helping customers increase the sustainability of their homes and businesses?

Our Eco Actions program, which builds on our original Eco Options program that we launched in 2007, helps our customers take on more sustainable DIY projects and choose greener products that can save water, conserve energy or are formulated to reduce certain chemicals. Products can only qualify for this distinction if manufacturers provide third-party verification of environmental claims that meet our program’s requirements. This program also offers customers green project ideas and tips, for example, how to grow an organic garden.

In addition, we encourage our customers to drop off used compact fluorescent light bulbs and rechargeable batteries for recycling. In 2021, we collected 1,162,800 pounds of recycled batteries, a 24% increase since 2014.

We also help our customers go greener in ways that may be less apparent to them. For example, we offer circularity-centered products like our Home Depot-branded moving boxes, made from 100% post- consumer recycled paper fiber, as well as composite deck boards made from recycled plastic waste from our stores. We continue to make progress on our goal to exclude expanded polystyrene (EPS) foam and polyvinyl chloride (PVC) film from our private-brand product packaging by the end of 2023.

When customers rent tools from us, they help avoid the environmental impact of new product manufacturing. Another example: Our stores have cut electricity consumption 50% since 2010, providing our customers a lower energy intensive shopping environment.

Is sustainability a competitive advantage for The Home Depot?

Overall, we believe good business decisions drive sustainability.

Examples of this can be seen through the investments we’ve made to create the most efficient supply chain in home improvement. These investments have helped us reduce the number of trucks needed and distance traveled to get our products from our supplier to our customers, while also reducing fuel emissions. Another example of this is our store investments, part of which included transitioning stores to LED lighting, which helped us reduce operating costs and electricity consumption.

We also believe that by working with our suppliers to bring innovative and sustainable products to market, we help our customers create more sustainable homes and workplaces. Our efforts to drive innovation can be seen in every aisle of the store, and we believe this is a key differentiator in the market.

We also want to see sustainability be the norm for our entire industry. We are encouraged when we see other retailers take big swings and do innovative things that push all of us to do a better job of protecting the planet, and we hope the innovation that we bring through our operations and products motivates others to do the same.

To see the original post, follow this link: https://finance.yahoo.com/news/own-sustainability-q-home-depots-135000484.html

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Tags: accountability, corporate social reponsibility, corporate social responsibility, CSR, ESG, green marketing, Home Depot, responsible brands, Ron Jarvis, sustainability, sustainable branding, sustainable brands
Categories : Climate Change, corporate social responsibility, ESG

Private Equity is Made for ESG Investment, But Don’t Leave Money on the Table

7 04 2023

Image credit: Nataliya Vaitkevich/Pexels

By Chris Hagler from Triplepundit.com • Reposted • April 7, 2023

In many ways, private equity is made to be invested in environmental, social and governance (ESG) initiatives. But it takes thoughtful strategies to ensure those investments generate maximum value for both business and society.

Record levels of cash reserves — including $1.1 trillion in the U.S. and another $6.3 trillion in assets under management — combined with increased investor focus on ESG could make private equity an attractive vehicle for creating real impact.

Why private equity is well-suited to ESG investment

ESG topics are important to limited partners and their stakeholders, especially those dealing in pension funds and sovereign wealth funds. Ninety-three percent of limited partners said they would walk away from an investment opportunity if it posed an ESG concern, according to a 2022 survey from Bain and the Institutional Limited Partners Association.

Private equity operates with the long term in mind. Whereas executives of publicly-traded companies must manage their businesses to meet quarterly guidance, portfolio companies operate on a longer time horizon due to their average holding period being five to six years.

Likewise, ESG investment is also a longer-term play. Greenhouse gas emissions reductions could take years to realize, for instance. A focus on creating long-term value for businesses and for society is the key to ESG investing. This is fundamentally different from the quick turnarounds and rapid returns that have characterized decision-making in the past.

Private equity investors, as owners, have the authority to move nimbly on business strategy. Unlike public investors, who must engage with company management and often rely on shareholder resolutions and proxy voting to change strategies, private equity firms sit on the board and either control or heavily influence operations and strategy. As a result, private equity investors typically have much simpler engagement and faster decision-making.

ESG is increasingly recognized as a value-lever, helping investors command a premium price at exit. Strong ESG management can bolster performance and attract future investors. It can also create higher values for limited partners when they eventually sell their assets.

Given a hypothetical opportunity to acquire a new business, executives and investment professionals say they would be willing to pay roughly 10 percent more for a company with an overall positive record on ESG issues versus a company with an overall negative record, according to a research from McKinsey.

Private equity firms aren’t compromising financial returns for a societal return

Strong ESG performance, backed up by credible data and communicated well, can help deliver a premium price at exit. Private equity firms should ask the following questions to be sure they aren’t leaving value on the table.

Have you identified ESG or climate risks that could materialize over your hold period and impact your exit strategy? EQT Infrastructure, a large, natural gas company in the U.S., turned climate risk into an investment opportunity last year when it acquired two North American subsidiaries of the U.K.-based transportation service providers First Student and First Transit. Increasing energy prices, and potential future regulations associated with the use of traditional fuel sources, are climate risks that could materially impact such transportation businesses. EQT’s investment thesis is centered around electrifying the First Student and First Transit fleets, thus accelerating its transition to renewable fuel sources.

Are there opportunities to shift business models to be more sustainable or solve your customers’ sustainability challenges? A tool manufacturer may shift to a rental model for equipment that is not frequently used, for example. This business model can open up new markets of users for their products, as well as reduce the environmental impact of creating new tools.

Or a financial services company may build a new product to educate consumers on the benefits of solar installations and then finance the installation.This would drive additional revenue and reduce global emissions.

Do your portfolio companies understand the business value of their ESG efforts? Partners Group, a Swiss private equity firm with $135 billion in assets, worked with a global provider of outsourced pharmaceutical supply chain solutions, PCI Pharma, to reduce waste and energy and improve worker safety. The ESG initiative reduced costs with improved recycling, reduced energy usage, and better worker compensation insurance rates — ultimately improving the bottom line.

Can you leverage efforts across your portfolio companies? L Catterton, a consumer-focused private equity firm managing $33 billion in assets, utilized the scale of its portfolio to develop an emissions offset program for small parcel deliveries whereby FedEx will measure emissions of select deliveries, allowing companies that opt-in to track their emissions and purchase offsets via Bluesource.

Are there companies in your portfolio that could command an “ESG premium” at exit with appropriate measurement and communication? For example, a chemical manufacturer that provides greener and safer chemicals to various end markets may be able to attract impact investors and command a premium at exit if it’s able to articulate its products’ specific environmental impact compared to the alternatives.

Similarly, a staffing business with a small but growing diverse recruiting offering can demonstrate its social impact and attract strategic buyers who already have diversity commitments.

The bottom line

Focused ESG actions by private equity drive efficiency, profitability and resiliency. Successful firms right-size their ESG actions and combine careful due diligence with strategic initiatives for value creation well before exit in order to drive both business and societal growth. Is your firm leaving value on the table?

To see the original post, follow this link: https://www.triplepundit.com/story/2023/private-equity-esg-investment/770576

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Tags: accountability, corporate social reponsibility, corporate social responsibility, CSR, ESG, green marketing, Private Equity, responsible brands, sustainability, sustainable branding, sustainable brands
Categories : Climate Change, ESG

The Role of the CFO in Sustainability Reporting

6 04 2023

Image: Controllers Council

With increased expectations to assume the role of climate controller in business, how should CFOs go about measuring the success of their organization’s environmental policies? By KIRSTY GODFREY-BILLY from sustainable brands.com • RepostedL April 6, 2023

The changing role of the Chief Financial Officer has been widely discussed in recent years. CFOs today must be prepared to respond to growing interest from stakeholders in their company’s sustainability practices and are increasingly becoming some of the most important drivers of sustainability initiatives across every industry. So, let’s look at why.

In the face of climate change, transparency is becoming non-negotiable in modern business. CFOs have always handled financial and business reporting; so, we are a natural fit for to take on sustainability reporting. It’s not a question of whether CFOs will assume this new responsibility — but rather, when. Robust, data-driven reporting is key to building and maintaining trust with customers, partners, investors and employees; and this is something we need to deliver on now.

This shift in public sentiment and expectation shouldn’t come as a surprise. As we witness the climate changing around us, the average consumer expects the brands they support to be proactive and communicative about their environmental impact and how they will reduce it. In fact, a recent PwC study found that 83 percent of consumers think companies should be actively shaping ESG practices. The benefits flow internally, too — in a recent study from the European Investment Bank, three-quarters of young employees surveyed say the climate impact of prospective employers is an important consideration when job hunting.

With increased expectations to assume the role of climate controller in business, how exactly should a CFO go about measuring the success of their organization’s environmental policies?

3 KEY INSIGHTS TO SUPPORT CARBON-LABELING AMBITIONS

The SB Socio-Cultural Trends Research, conducted in partnership with Ipsos, tracks the changing drivers and behaviors of consumers around the intersection of brands and sustainable living. Our latest report explores how brands can maximize the impact of their sustainability efforts by approaching carbon-label strategies through the lens of consumer perceptions — learn more in SB’s Q4 Pulse highlights report.

As you can imagine, this is not a one-size-fits-all process. Every company and every leadership team has a unique purpose and set of values; and no two industries are necessarily impacting the environment in the same way. As a starting point, your climate strategy must be closely linked to your company strategy and purpose. Whether an agriculture company has pledged to eliminate pesticide usage or a financial institution is decarbonizing its lending portfolio, their respective CFOs should ensure clear performance targets are established and a company-wide plan is in place so meaningful progress can be delivered and reported on.

Externally, it might be assumed that because tech businesses aren’t typically considered among the biggest greenhouse gas emitters, we don’t face as much pressure to reduce and report our emissions. However, every business has a role to play in supporting the transition to a net-zero economy. The tech industry is still accountable — researchers from Lancaster University estimate that tech companies could contribute 2.1-3.9 percent of global greenhouse gas emissions.

This is why — in conjunction with a company’s sustainability experts and leaders across the business — tech CFOs should work to integrate their company’s environmental practices with their everyday compliance and tracking systems. From there, the idea of publishing their progress is much less daunting come reporting season. Whether they decide to mesh their financial and sustainability reporting into a single document such as an Annual Report or publish them separately, their sustainability practices and performance should be clear for all to see.

In an effort to introduce more transparency around our environmental impact at Xero, we’ve shared our plans to work towards net-zero emissions and set clear emissions-reduction targets — which we will share in our Annual Reports, in line with climate science. We are looking to reduce our carbon emissions right across the business — from reducing various contributors such as energy used in office spaces to indirect emissions in our value chain from cloud hosting, business travel, corporate catering and IT equipment.

Thankfully, many organizations and standards bodies exist to provide direction for companies looking to improve their sustainability performance and reporting. For example, the Task Force on Climate-related Financial Disclosures and the UN Global Compact CFO Taskforce are encouraging and supporting companies to integrate sustainable practices into all aspects of their business and report on performance. The International Financial Reporting Standards (IFRS) is also developing standards for climate accounting that are due to be released in 2023.

The most important thing to remember in all of this is to approach climate action genuinely and with commitment. Publicly reporting your sustainability performance has become as critical as reporting financial performance. Not only is it the right thing to do; it also gives leaders a broader picture of organizational performance and will support the long-term success and sustainability of every business.

To see the original post, follow this link: https://sustainablebrands.com/read/finance-investment/role-cfo-sustainability-reporting

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Tags: accountability, Chief Financial Officer, corporate social reponsibility, corporate social responsibility, CSR, ESG, green marketing, International Financial Reporting Standards, responsible brands, SB Socio-Cultural Trends Research, sustainability, sustainable branding, sustainable brands, Task Force on Climate-related Financial Disclosures, UN Global Compact CFO Taskforce
Categories : corporate social responsibility, ESG, responsible brands, sustainable branding, sustainable brands

Anti-ESG Efforts to Restrict Responsible Investing Will Cost Taxpayers Billions

6 04 2023

Image credit: Patrick Weissenberge/Unsplash

By Mary Riddle from triple pundit.com • Reposted: April 6, 2023

U.S. President Joe Biden used the first veto of his presidency last week. The reason? ESG investing. On March 27, President Biden moved to reject a bill, approved by the House and Senate, that sought to overturn a new Department of Labor rule allowing U.S. retirement fund managers to take environmental, social, and governance (ESG) considerations into account in their investment decisions.

The latest chapter in an ongoing political battle over ESG in the U.S., Biden’s veto came just a few days after more than 270 companies and investors signed an open letter pushing back against anti-ESG policies.

In the letter, investors and companies emphasized the need to consider all financial risks and opportunities — including those associated with the climate crisis — in order to make smart investments. Calling their movement Freedom to Invest, these capital market leaders urged federal and state policymakers to protect their freedom to invest responsibly, noting they must be free to consider all material financial risks and opportunities in order to plan for the long-term.

“Managing risk and opportunities is our job as investors,” said Anne Simpson, global head of sustainability for Franklin Templeton, one of the letter’s signatories, in a statement. “Our duty and our loyalty are with the people who entrust us with their money. If we don’t pay attention to the accelerating frequency of severe weather disasters and the hundreds of billions of dollars they cause, nor to scientists’ forecasts for severe risk of more of that, and to entrepreneurial companies’ innovations for solving the resulting market needs, then we are not fulfilling our fiduciary duty.” The leaders noted that ESG considerations are not political nor ideological, but rather prudent risk management and investment considerations.

The skyrocketing price tag of anti-ESG policies

Anti-ESG legislation in a number of states is poised to cost taxpayers and retirees billions. State legislatures have been forced to roll back bills that sought to limit ESG investing practices, citing financial harm to state pension funds. Texas and Florida are continuing to push for anti-ESG legislation, even as Texas’ anti-ESG policies have already cost the state millions. Pension funds in the state are warning the legislature that the most recent round of anti-ESG proposals could cost retirees in Texas $6 billion over the next 10 years.

ESG is good for business

Climate change, social injustices, and environmental catastrophes all threaten workforces, supply chains, global markets and long-term economic growth. At the same time, “strong climate action will bring tens of trillions of dollars in additional value to the global economy along with millions of new jobs in the coming decades,” the financial leaders wrote in their letter.

Their claims are backed up by strong evidence. One recent study, for example, showed that companies with robust ESG programs saw a 9.7 percent revenue boost between 2019 and 2022, compared with a 4.5 percent boost for companies without ESG programs. The same study showed that 84 percent of companies that embrace ESG principles find it easier to attract investors and raise funds.

The group of Freedom to Invest signatories highlighted the business case for ESG in their letter, writing: “Our consideration of material environmental, social, and governance (ESG) factors is not political or ideological. Incorporating these issues into financial decision-making represents good corporate governance, prudent risk management, and smart investment practice consistent with fiduciary duty. We factor financially material considerations, including the impacts of climate change, into our standard investment and risk management decisions, in order to protect our operations and our investments.”

Even as ESG investing is facing backlash among some policymakers, ESG investing principles are growing in popularity. Almost $8.5 trillion in assets are currently managed by ESG-friendly investors, which is about an eighth of all total assets under management globally, and demand for sustainable funds is higher than for those that do not include ESG considerations.

To see the original post, follow this link: https://www.triplepundit.com/story/2023/anti-esg-cost-taxpayers/770481

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Tags: accountability, corporate social reponsibility, corporate social responsibility, Department of Labor, ESG, Freedom to Invest, green marketing, responsible brands, sustainability, sustainable branding, sustainable brands, Wall Street
Categories : corporate social responsibility, ESG, reputation management, responsible brands

New SEC Climate Rule Faces Pushback, But Climate Reporting is Here to Stay

6 04 2023

U.S. Securities and Exchange Commission Headquarters in Washington D.C. Photo: triple pundit

By Tina Casey from triplepundit.com • Reposted: April 6, 2023

When the U.S. Securities and Exchange Commission proposed new rules for climate risk disclosure last year, they were met with an unprecedented flood of public comments. Part of the firestorm could be an effect of partisan politics. However, some commenters raised legitimate concerns, and the SEC is reportedly poised to make some changes in the coming weeks.

The SEC responds to investor trends, not partisan ideology

When the climate disclosure rules were proposed last year, SEC Chair Gary Gensler emphasized the agency’s founding mission to ensure that investors are fully informed about risks. “Our core bargain from the 1930s is that investors get to decide which risks to take, as long as public companies provide full and fair disclosure and are truthful in those disclosures,” he said in a press statement announcing the rules, dated March 21, 2022.

Gensler was also quick to note that the proposed SEC climate rules are not derived from partisan ideology. They are based on the clear and indisputable fact that climate disclosures already have broad support among investors.

“Today, investors representing literally tens of trillions of dollars support climate-related disclosures because they recognize that climate risks can pose significant financial risks to companies, and investors need reliable information about climate risks to make informed investment decisions,” Gensler explained.

The proposed rules were also intended to level the playing field by creating a uniform standard for climate disclosures. “Companies and investors alike would benefit from … the clear rules of the road proposed in this release,” Gensler said. More information and more disclosures also allow issuers to meet investor demands for clarity on climate risks, he argued.

Pushback against new SEC climate rules

The fact-based genesis of the new SEC climate rules is a stark contrast to the mounting pushback against environmental, social and governance (ESG) considerations in business. High-profile public officials have been railing against ESG investing as a threat to the health of public pensions. However, they offer no facts to back up their arguments, which on closer inspection appear to be nothing more than thinly disguised efforts to protect fossil energy stakeholdersfrom competition. The anti-ESG messaging has also become entwined with the rhetoric of right-wing extremism and “anti-woke” posturing, which doesn’t help its legitimacy.

It is no surprise to see well-known conservative lobbying organizations promote anti-ESG messaging in their public comments on the proposed SEC climate rules. For example, the Heritage Foundation, a conservative think tank, colored its critique of the rules with a jab at ESG advocates in a lengthy public comment submitted on June 1, 2021, describing them as “increasingly strident” in their efforts to achieve “various social or political objectives.”

“This is being done under the banner of social justice; corporate social responsibility (CSR); stakeholder theory; environmental, social and governance (ESG) criteria; socially responsible investing (SRI); sustainability; diversity; business ethics; common-good capitalism; or corporate actual responsibility,” the Heritage Foundation’s comment reads.

“The social costs of ESG and broader efforts to repurpose business firms will be considerable,” the group warned. “Wages will decline or grow more slowly, firms will be less productive and less internationally competitive, investor returns will decline, innovation will slow, goods and services quality will decline and their prices will increase,” it added, without substantiation.

Another look at the SEC climate rules

All in all, Heritage dismissed the entire effort as a pointless, politics-driven exercise. “When all is said and done, climate change disclosure requirements will have somewhere between a trivial impact and no impact on climate change,” its comment reads.

In contrast, other commenters underscored the extent to which ESG principles and ESG reporting have already been adopted as a matter of business, not ideology. “The impacts of the climate crisis on our lives and our livelihoods are worsening at a dramatic rate,” the nonprofit B Lab — which operates the voluntary B Corp certification for responsible businesses — and the B Corp Climate Collective wrote in a joint comment to the SEC, in just one example

Commenters also noted that the economic landscape is fraught with physical risks from climate impact, as well as bottom-line risks involving changes in regulatory, technological, economic, and litigation scenarios as the economy shifts to net-zero.

“The risks can combine in unexpected ways, with serious, disruptive impacts on asset valuations, global financial markets, and global economic stability,” the B Corp groups argued, in making the case for stronger, more detailed disclosure rules based on the recommendationsof the Task Force on Climate-related Financial Disclosures (TCFD).

The SEC has some changes in store

The SEC has yet to announce a decision on what will be included in the revised rules. However, in a recent interview with CNBC, Chairman Gensler reminded the public of the agency’s investor protection mission. “I like to say we’re merit-neutral, whether it’s crypto or climate risk,” he told the outlet earlier this year. “But we’re not investor-protection-neutral or capital-formation-neutral.”

He reiterated that the new SEC climate rules are “about bringing consistency and comparability to disclosures that are already being made about climate risks,” adding that “investors seem to be, today, making decisions about this information.”

Some SEC observers anticipate that the agency will propose easing the original rules, in order to prevent unreasonable burdens on companies that are already engaged with climate disclosure.

That may be so. However, it is unlikely that the revised rules will provide a cloak of invisibility for companies that have not made plans for transitioning to a low-carbon economy.

In the CNBC interview, Gensler emphasized that the proposed rules don’t force companies to make a climate transition plan if they don’t already have one. “If a company doesn’t have a climate transition plan, that disclosure was: ‘We don’t we don’t have that such a plan or target,’” he explained.

That sounds simple enough. If that feature of the proposed rule remains in place when the SEC announces the revisions — which are expected later this month — investors will have a clear, accessible way in which to assess which companies are preparing to respond to the massive risks posed by climate impacts, and which still have their heads in the sand.

To see the original post, follow this link: https://www.triplepundit.com/story/2023/sec-climate-rule-changes/770581

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Tags: accountability, Climate Rules, Climate-related Financial Disclosures (TCFD)., corporate social reponsibility, corporate social responsibility, CSR, ESG, green marketing, responsible brands, SEC, SEC Chair Gary Gensler, SRI, sustainability, sustainable branding, sustainable brands
Categories : corporate social responsibility, ESG

Has Purpose-Driven Marketing Become Less Relevant to Consumers?

5 04 2023

Photo: Unsplash / AbsolutVision

By Tom Ryan from retailwire.com • Reposted: April 5, 2023

A new study finds over 57 percent of U.S. consumers cannot name a brand that is making a difference when it comes to either the environment or diversity.

Slightly fewer, 54 percent, could not name a brand that gave back to the community, according to GfK’s first “Purpose Impact Monitor” study.

The study found that three-quarters of generic ads captured the attention of consumers. The proportion dropped to two-thirds for cause-focused ads.

“The truth today is that purpose-driven efforts and campaigns have become commonplace – even mundane,” said Eric Villain, client solutions director for Marketing Effectiveness at GfK, in a statement. “If a brand were to completely shun causes, that would likely be noticed; but supporting them is not a differentiator anymore. This means marketers and brands need to work harder – in keeping with their brand essence and the category – to really make an impression with their purpose efforts.”

Recent research from CivicScience found 73 percent of U.S. adults agree that a company’s “social consciousness and overall kindness” is either “very important” (29 percent) or “somewhat important” (44 percent) when choosing where to shop and what to buy.

The importance peaked in 2020 during the Black Lives Matter protests and the presidential election. Sentiment “softened over the past year, likely as price sensitivity and economic concerns grew.”

The socially responsible marketing consultancy Good.Must.Grow’s “Tenth Annual Conscious Consumer Spending Index” found the momentum for conscious consumerism and charitable giving surged to a record high of 51 on a scale of 100 in 2021 as the pandemic “reenergized the pursuit of purpose.” It eased to 49 in 2022.

The decline in 2022 was attributed to inflation as 46 percent of Americans said the cost of socially responsible goods and services prevented them from buying more.

“I believe this year’s data demonstrates several things, one of which is the tension involved with following through on good intentions in the face of economic pressures,” said Heath Shackleford, founder of Good.Must.Grow. “Those of us working for the growth of socially responsible brands must continue to prioritize competitive pricing.”

To see the original post, follow this link: https://retailwire.com/discussion/has-purpose-driven-marketing-become-less-relevant-to-consumers/

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Tags: accountability, Civic Science, corporate social reponsibility, corporate social responsibility, CSR, ESG, GfK, green marketing, Purpose Driven Brands, Purpose Impact Monitor, responsible brands, sustainability, sustainable branding, sustainable brands
Categories : corporate social responsibility, ESG, green marketing, reputation management, responsible brands

Should sustainability teams report directly to the CEO?

5 04 2023

Image: GreenBiz photocollage via Shutterstock

By Lynelle Cameron & Mark Spears from Greenbiz.com • Reposted: April 5, 2023

Companies large and small are setting up internal sustainability functions. How should these teams be structured and who is accountable at the executive level varies widely depending on the company, the size, the industry, the strategy and the leadership team. What does this mean for your company and how should you set up a sustainability team to be most successful? Given that sustainability is increasingly tied directly to a company’s success, should the chief sustainability officer (CSO) necessarily report into the CEO?

We recently posed this question to the members of Sustainability Veterans, a group of professionals who have held senior positions leading corporate sustainability teams at global brands. The group comes together regularly to leverage their collective intellectual, experiential and social capital in service of helping the next generation of sustainability leaders be successful. Collectively, the group has set up, reorganized and restructured sustainability teams at brands as diverse as Autodesk, Dell, Herman Miller and Nike.

“CSO and innovation leader roles are combined at Dupont,” says Dawn Rittenhouse, formerly the director of sustainable development there for 20 years. “I spent much of my sustainability career reporting up through the operations function. Transitioning the focus from ‘doing less bad’ to thinking about how the company is ‘investing for the future’ was a refreshing transition and really allowed us to drive changes that would impact the company for decades to come.”

Nike was similar, shares Sarah Severn, who spent over two decades in senior sustainability roles at the apparel and footwear giant. “Until recently, the CSO had a dual reporting structure, to the president of innovation and to the CEO. The sustainability team evolved over the years as did its reporting structure.”

At EMC, the CSO reports into the general counsel. Kathrin Winkler, former CSO for EMC, co-founder of Sustainability Veterans and now an editor at large for GreenBiz, shared the following: “At EMC, I reported into the GC. We were yin and yang, which ensured my arguments were well-reasoned and honed. He taught me a ton about governance, risk and wielding influence. His remit — and therefore mine — was the entire business, which he knew cold, and he had the ear and trust of the CEO and board. For a well-established company, I’d advocate reporting to the general counsel or CFO, who would have equivalent attributes.”

Ellen Weinreb, another co-founder of Sustainability Veterans, referenced research her firm published this month titled the 2023 Weinreb Group CSO Report. It found that roughly a third of CSOs report to the CEO and a third report to the chief operating officer or head of strategy. This finding held true in CSO surveys Weinreb Group ran in both 2011 and 2023.

CMO or CFO?

Being aligned with marketing is what has worked at other companies. Trisa Thompson, a lawyer and former chief responsibility officer at Dell Technologies, said, “My team at Dell reported into the chief marketing officer. It was very helpful because I had dedicated marketing and communications support — something we really needed to get our message out.” She went on to explain that “the CSO should regularly and necessarily interact with all of the CxOs on the executive team.”

“One strong option would be to report to the CFO since they typically own strategy and financial reporting, which enables a deeper integration with sustainability,” explains Mark Spears, a former sustainability director at The Walt Disney Company. “Integrating non-financial strategy and reporting with its financial counterpart encourages a balance of business performance, risk management and meaningful and measurable sustainability impact.”

At Autodesk, sustainability and impact reporting shifted from the CMO to the CFO, according to Lynelle Cameron, the company’s former VP of sustainability, now an ESG adviser to regenerative companies. “The move from CMO to CFO partly reflected a natural evolution as sustainability became more tightly integrated with investor relations and the performance of all aspects of the business. At the end of the day, the key factor for us was identifying the executive who had significant clout at the executive table and would be most effective driving it forward with the CEO and the board.”

“Good relationships across the executive team are what’s essential, regardless of where the sustainability leader reports,” explains Mark F. Buckley, former VP of sustainability at Staples and founder of One Boat Collaborative. “The final 16 years of my sustainability career at Staples, I reported into senior leaders who reported directly to the CEO and chairman, which provided good support and visibility. As a result, I had good working relationships with all functional leaders.”

Bart Alexander, former chief corporate responsibility officer at Molson Coors, agrees that having a broad spectrum of high-level relationships is key. “The primary role of the CSO is to foster sustainable change across the enterprise, in all functions and geographies. To do so, they must have excellent and trusting relationships with senior leaders throughout the organization, as well as with key stakeholders. Engagement is fostered when staffing is detailed from the business units, since that is where the real work happens.”

Frank O’Brien-Bernini, former CSO at Owens Corning, has a slightly different perspective. CSOs, he says, should report to the executive with the most influence. “The CSO should report to the person within the company who can most directly advance the sustainability agenda being pursued, leaving no ‘go-between’ executive. At Owens Corning, the CSO reports directly to the CEO, which is consistent with the depth and breadth of the sustainability agenda, cutting across and demanding progress from all functions. In most companies, all the C-suite functions come together at the CEO, so the CSO becomes a unique and key partner in sharing and operating from that holistic perspective.”

In the end, there’s no one right answer. For example, another finding from the Weinreb Group report was that the remaining third of CSOs report all over the place: ESG; diversity; HR, supply chain; R&D; investor relations.

Opinions, too, are varied. Alexander points out, “The formal reporting is not so important as long as the CSO has regular access to and support from the CEO and the corporate board.” Thompson believes, “In the future, the CSO should report into the CEO, as the role is becoming increasingly strategic to the entire company and to your customers.” For early-stage companies, says Winkler, “the CSO should report to the CEO.”

What matters most is access to and direct communication with the CEO and the board. “Having experienced an ever-evolving reporting structure, it is vital accountability ultimately resides with the CEO,” explains Spears. Severn agrees: “Given the broad nature of ESG requirements, I would always advocate for the CSO to have a direct line to the CEO because it avoids potential conflicts of interest if situated within other departments.”

Cecily Joseph, former VP of corporate responsibility at Symantec, put it this way: “I don’t think it matters where the CSO/sustainability team sits in the company. Reporting into functions such as legal, marketing, finance or directly into the CEO can all be impactful. What matters is that the person overseeing the sustainability function has access to the C-suite, CEO and board, and can directly influence the company’s strategy.”

To see the original post, follow this link: https://www.greenbiz.com/article/should-sustainability-teams-report-directly-ceo

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Tags: CEO, CFO, CMO, corporate social reponsibility, corporate social responsibility, CSO, CSR, ESG, green marketing, responsible brands, sustainability, sustainable branding, sustainable brands
Categories : corporate social responsibility, ESG

How Sustainability Impacts Consumer Preferences in the Grocery Industry

5 04 2023

Contributed by The Ashkin Group via Cleanlink.com • Reposted: April 5, 2023

A March 2023 study released by Glow, a research technology company, and NielsenIQ, a global information services company, finds that sustainability in the food and grocery (F&G) industry is becoming more and more imperative.

According to the researchers, “Consumers are increasingly willing to align their purchases with their values” about sustainability. The study, conducted from April 2022 to December 2022, included more than 33,000 respondents. Researchers said the respondents were a representative sample of US consumers based on age, gender, and geography.

Among the key takeaways from the report are the following:

• Sustainability is good for business. Companies focused on sustainability are outpacing their competitors regarding sales and market share.

• Consumers are switching brands based on sustainability. Switching brands based on how sustainability-focused a company is viewed is happening across all market categories, especially among younger consumers.

• Sustainability outweighs cost. With inflation, some consumers are looking for less costly product alternatives. But many consumers won’t trade down to a less expensive brand if that organization is not practicing sustainability.

• Sustainability communications matter. The study found that many brands are not getting the recognition they deserve – along with the related market share and profits – because they are not promoting their sustainability practices to consumers.

“We must remember this study focused on the food and grocery industry,” says Steve Ashkin, president of The Ashkin Group and the professional cleaning industry’s leading advocate for sustainability. “Consumers and end-customers may differ on the importance of sustainability by industry. However, F&G is closely connected to the professional cleaning industry. What happens in food and grocery will likely follow very quickly in professional cleaning — if it has not already.”

The study supports this view. In F&G, the three sustainability drivers most important in the overall sustainability of a brand are the following:

1. Reducing emissions to slow climate change.

2. Protecting natural resources

3. Protecting wildlife and ecosystems.

“These are among the same key drivers in the professional cleaning industry driving the industry to operate more sustainably as well,” says Ashkin.

The full study is available here.

To see the original post, follow this link: https://www.cleanlink.com/news/article/How-Sustainability-Impacts-Consumer-Preferences-in-the-Grocery-Industry—29591

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Tags: corporate social reponsibility, corporate social responsibility, CSR, ESG, Glow Research, green marketing, Grocery, Nielsen IQ, responsible brands, sustainability, sustainable branding, sustainable brands
Categories : corporate social responsibility, ESG, sustainability, sustainable branding

Food forests are bringing shade and sustenance to US cities, one parcel of land at a time

4 04 2023

The Uphams Corner Food Forest in Boston’s Dorchester neighborhood was built on a vacant lot. Photo: Boston Food Forest Coalition, CC BY-ND

By Karen A. Spiller, Thomas W. Haas Professor in Sustainable Food Systems, University of New Hampshire and Prakash Kashwan, Associate Professor of Environmental Studies, Brandeis University via The Conversation • Reposted: April 4, 2023

More than half of all people on Earth live in cities, and that share could reach 70% by 2050. But except for public parks, there aren’t many models for nature conservation that focus on caring for nature in urban areas.

One new idea that’s gaining attention is the concept of food forests – essentially, edible parks. These projects, often sited on vacant lots, grow large and small trees, vines, shrubs and plants that produce fruits, nuts and other edible products.

Unlike community gardens or urban farms, food forests are designed to mimic ecosystems found in nature, with many vertical layers. They shade and cool the land, protecting soil from erosion and providing habitat for insects, animals, birds and bees. Many community gardens and urban farms have limited membership, but most food forests are open to the community from sunup to sundown.

As scholars who focus on conservation, social justice and sustainable food systems, we see food forests as an exciting new way to protect nature without displacing people. Food forests don’t just conserve biodiversity – they also promote community well-being and offer deep insights about fostering urban nature in the Anthropocene, as environmentally destructive forms of economic development and consumption alter Earth’s climate and ecosystems.

Two adults and a young girl plant a tree seedling in an urban park. — *Community stewards planting a tree at Boston’s Edgewater Food Forest at River Street, July 2021. Photo: Boston Food Forest Coalition/Hope Kelley, CC BY-ND*

Protecting nature without pushing people away

Many scientists and world leaders agree that to slow climate change and reduce losses of wild species, it’s critical to protect a large share of Earth’s lands and waters for nature. Under the U.N. Convention on Biological Diversity, 188 nations have agreed on a target of conserving at least 30% of land and sea areas globally by 2030 – an agenda known popularly as 30×30.

But there’s fierce debate over how to achieve that goal. In many cases, creating protected areas has displaced Indigenous peoples from their homelands. What’s more, protected areas are disproportionately located in countries with high levels of economic inequality and poorly functioning political institutions that don’t effectively protect the rights of poor and marginalized citizens in most cases.

In contrast, food forests promote civic engagement. At Beacon Food Forest in Seattle, volunteers worked with professional landscape architects and organized public meetings to seek community input on the project’s design and development. The city of Atlanta’s Urban Agriculture Team partners with neighborhood residents, volunteers, community groups and nonprofit partners to manage the Urban Food Forest at Browns Mill.

Block by block in Boston

Boston is famous for its parks and green spaces, including some designed by renowned landscape architect Frederick Law Olmsted. But it also has a history of systemic racism and segregation that created drastic inequities in access to green spaces.

And those gaps still exist. In 2021, the city reported that communities of color that had been subjected to redlining in the past had 16% less parkland and 7% less tree cover than the citywide median. These neighborhoods were 3.3 degrees Fahrenheit (1.8 degrees Celsius) hotter during the day and 1.9 F (1 C) hotter at night, making residents more vulnerable to urban heat waves that are becoming increasingly common with climate change.

Encouragingly, Boston has been at the forefront of the national expansion of food forests. The unique approach here places ownership of these parcels in a community trust. Neighborhood stewards manage the sites’ routine care and maintenance.

The nonprofit Boston Food Forest Coalition, which launched in 2015, is working to develop 30 community-driven food forests by 2030. The existing nine projectsare helping to conserve over 60,000 square feet (5,600 square meters) of formerly vacant urban land – an area slightly larger than a football field.

Neighborhood volunteers choose what to grow, plan events and share harvested crops with food banks, nonprofit and faith-based meal programs and neighbors. Local collective action is central to repurposing open spaces, including lawns, yards and vacant lots, into food forests that are linked together into a citywide network. The coalition, a community land trust that partners with the city government, holds Boston food forests as permanently protected lands.

Aerial view of a city lot planted with fruit trees, vines and raised flower beds. — *Aerial view of the Ellington Community Food Forest in Boston’s Dorchester neighborhood. Photo: Boston Food Forest Coalition, CC BY-ND*

Boston’s food forests are small in size: They average 7,000 square feet (650 square meters) of reclaimed land, about 50% larger than an NBA basketball court. But they produce a wide range of vegetables, fruit and herbs, including Roxbury Russet apples, native blueberries and pawpaws, a nutritious fruit native to North America. The forests also serve as gathering spaces, contribute to rainwater harvesting and help beautify neighborhoods.

The Boston Food Forest Coalition provides technical assistance and fundraising support. It also hires experts for tasks such as soil remediation, removing invasive plants and installing accessible pathways, benches and fences.

Hundreds of volunteers take part in community work days and educational workshops on topics such as pruning fruit trees in winter. Gardening classes and cultural events connect neighbors across urban divides of class, race, language and culture. Boston residents explain what the city’s food forests mean to them.

A growing movement

According to a crowd-sourced repository, the U.S. has more than 85 community food forests in public spaces from the Pacific Northwest to the Deep South. Currently, most of these sites are in larger cities. In a 2021 survey, mayors from 176 small cities (with populations under 25,000) reported that long-term maintenance was the biggest challenge of sustaining food forests in their communities.

From our experience observing Boston’s approach close up, we believe its model of community-driven food forests is promising. The city sold land to the Boston Food Forest Coalition’s community land trust for $100 per parcel in 2015 and also funded initial construction and planting operations. Since then, the city has made food forests an important part of the city’s open spaces program as it continues to sell parcels to the community land trust at the same price.

Smaller cities with much lower tax bases may not be able to make the same sort of investments. But Boston’s community-driven model offers a viable approach for maintaining these projects without burdening city governments. The city has adopted innovative zoning and permitting ordinances to support small-scale urban agriculture.

Building a food forest brings together neighbors, neighborhood associations, community-based organizations and city agencies. It represents a grassroots response to the interconnected crises of climate change, environmental degradation and social and racial inequity. We believe food forests show how to build a just and sustainable future, one person, seedling and neighborhood at a time.

Orion Kriegman, the founding executive director of the Boston Food Forest Coalition, contributed to this article.

To see the original post, follow this link: https://theconversation.com/food-forests-are-bringing-shade-and-sustenance-to-us-cities-one-parcel-of-land-at-a-time-197388

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Tags: Beacon Food Forest, Boston Food Forest Coalition, corporate social reponsibility, corporate social responsibility, CSR, ESG, green marketing, responsible brands, sustainability, sustainable branding, sustainable brands, U.N. Convention on Biological Diversity, Urban food forests
Categories : Climate Change, ESG

Responsible Investment Requires a Deep Understanding of Water Risks and Opportunities

4 04 2023

The Milwaukee River flows through the city’s downtown harbor district. Image credit: Girish Shah/Flickr

By Cindy Bohlen, Chief Mindfulness Officer and Director of ESG Investing at Riverwater Partners via Triplepundit.com • Reposted: April 4, 2023

Milwaukee is gaining recognition as a global hub for expertise on water challenges and solutions. The Wisconsin city is located at the confluence of three rivers and Lake Michigan. That makes it part of one of the largest freshwater systems in the world. As a Milwaukee-based enterprise, Riverwater Partners has a great appreciation for the significance of water stewardship. Our proximity to these important bodies of water and the growing hub has led us to focus on water stewardship as a major theme in our responsible investment practice.

The importance of water stewardship

Water is one of the most important natural resources on the planet. It is integral to both life on Earth and conducting business. Seventy percent of the world’s freshwater is used in agriculture, making it critical for food production. Additionally, 57 percent of CEOs who responded to the U.N. Global Compact/Accenture survey in 2022 reported that air, water, and land pollution are having a high or moderate impact on their business today.

Water stewardship ensures that resources are managed sustainably for communities and industry — making it critical for the well-being of society and business alike. Proper stewardship protects water quality and quantity, reduces the risk of water scarcity, and safeguards everyone’s access to clean water.

A business risk and opportunity

Responsible investment advisors should seek to understand potential water-related risks and opportunities in the areas of access, regulation, reputation and more as part of their due diligence. They can do this by using publicly available company data, third-party data, and having a dialogue with management teams to learn about the potential for water to impact the business — or for the business to impact the water supply.

At Riverwater, our engagement practice seeks to raise awareness among management teams of the potential risks and opportunities that are presented by water. We offer educational information and suggestions for best practices to companies for which water stewardship is a salient issue. This is particularly applicable for businesses that rely on water for their operations — such as food and beverage companies, manufacturing companies, and extractive companies — as well as water technology companies and utilities that may potentially benefit from a focus on stewardship.

The Water Council is a helpful resource for investors who want to learn more about water. The Milwaukee-based nonprofit has an international reputation for supporting corporate water stewardship and fostering water-related technology, both of which could interest sustainable investors. Its Water Champions program, corporate water stewardship educational site, and thought leadership events like the annual Water Leaders Summit help individuals and organizations learn, connect and collaborate on important water topics.

Examples of scarcity and pollution

Water is a complicated issue that requires more attention. For example, low water levels in the Colorado River basin have already caused scarcity issues for communities and businesses in the western portion of the U.S., with more struggle and devastation expected. This is leading some to question new housing developments and increasing residential populations in places like Arizona. But the key factor is land use, said Kathryn Sorensen, director of research at the Kyl Center for Water Policy at Arizona State University, and speaker at the 2022 Water Leaders Summit. Several cities have stored up water reserves and increased efficiencies to handle the changing circumstances, she said.

Meanwhile, since agriculture uses up to 80 percent of Colorado River resources, it could be hit hard as resources diminish. The discussion with Sorensen provided valuable insights for Riverwater’s continued dialogue with a portfolio company that grows citrus and avocados in California and Nevada and relies heavily on water from the endangered source.

Not even Milwaukee, with its access to abundant freshwater from Lake Michigan, is immune from water problems. High levels of per-and poly-fluoroalkyl substances — otherwise known as PFAS, or “forever chemicals” — have been found in the water in several areas around Wisconsin, including in groundwater and in private wells near Milwaukee’s airport. This could affect where and how businesses choose to operate in Milwaukee. But it also offers an opportunity for investment in companies working on the destruction and mitigation of PFAS.

Stewardship avoids “greenwashing”

The sustainable investment community is also desperately seeking credible frameworks from which to verify sustainability efforts and avoid “greenwashing” in their portfolio. This is particularly true for water stewardship, which can be difficult to quantify due to the resource’s complex and hyperlocal nature.

The Water Council addresses this problem through its program for enterprise-wide water stewardship verification (WAVE). WAVE is an ideal tool for management teams that are interested in identifying their greatest water challenges and opportunities so that they can create a plan that will address them. Essentially, it rapidly moves companies from intention to action.

As responsible investors, our goal is to use sustainable investing to reduce business risk for portfolio companies while enabling better outcomes for our clients and society alike. Stewardship of our most precious natural resource has the potential to benefit the planet and its people while providing prosperity for all.

To see the original post, follow this link: https://www.triplepundit.com/story/2023/responsible-investment-water-stewardship/769931

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Tags: corporate social reponsibility, corporate social responsibility, CSR, ESG, PFAS, responsible brands, Responsible Investing, sustainability, sustainable branding, sustainable brands, The Water Council, U.N. Global Compact, Water Stewardship', WAVE
Categories : corporate social responsibility, ESG

Global Hunger: The Growing ESG Issue That Few Companies Want to Face

3 04 2023

USAID distributes food assistance in East Africa, where an unprecedented drought is pushing millions to the brink of starvation. Image credit: USAID U.S. Agency for International Development/Flickr

By Eric Bebernitz, Director of External Relations, Action Against Hunger via Triplepundit.com • Reposted: April 3, 2023

Companies are working to meet rising stakeholder expectations on environmental, social and governance (ESG) issues in ways that can differentiate, build brand reputation, and engage employees. Yet the predominant approach misses a critical opportunity since it doesn’t focus on a critical issue that few want to face: global hunger.

Hear me out. Just as the climate crisis is a universal challenge, global hunger is a fundamental issue that ultimately impacts business success — and humanity as a whole. In 2021, an Action Against Hunger survey with The Harris Poll found that nearly half of all Americans worry about increases to the price of food as a result of climate change. The most recent Trust Barometer found that 67 percent of people globally are worried about food shortages leading to hoarding, riots and hunger, which Edelman characterizes as an existential societal fear. As a priority, the issue ranked behind climate change and just ahead of energy shortages. It’s not hard to see why.

After decades of progress showed that it is possible to dramatically slash rates of malnutrition, global hunger is once again on the rise. Approximately 828 million people — 1 in 10 worldwide — are undernourished, and as many as 50 million people in 45 countries are on the verge of famine. The costs of inaction are high.

Yet global hunger is a predictable and preventable problem that we can solve in our lifetimes. Doing so can provide a strong return on investment. As a 2022 study showed, every $1 invested in preventing chronic malnutrition in children can result in gains from $2 to $81 annually. Among the range of ESG issues, addressing malnutrition stands out for its ability to advance other corporate priorities, such as the following.

Long-term workforce development

Hungry children struggle to learn, and hungry workers are less productive. Hunger robs the U.S. economy of at least $167.5 billion annually, and research published in The Lancet found that, across 95 low- and middle-income countries, childhood stunting costs the private sector at least $135.4 billion in sales annually, amounting to around 1.2 percent of national GDP.

Socio-economic growth

The U.S. Secretary of Commerce believes an aging population will hit the country “like a ton of bricks,” with migration as a potential solution. Africa is the only region projected to enjoy strong population growth long-term, which can provide a global demographic dividend — but only if we invest in the potential. Africa has the world’s youngest population as well as the highest hunger rates, with 9 out of 10 children not receiving even the minimum acceptable diet, according to the World Health Organization. One in 3 African children are permanently stunted by hunger, reducing the region’s present GDP per capita by 10 percent. Hunger is growing in other regions, as well.

Political stability

Conflict and global hunger are deeply linked. As U.N. Secretary-General António Guterres noted in a 2020 report, income inequality is creating a vicious cycle of discontent, leading to mass protests in both developed and developing countries. Roughly 70 percent of the world’s most malnourished people live in countries with an active conflict, which disrupts harvests, hampers aid delivery, and creates a burgeoning population of displaced people. This can contribute to even greater instability, often in already fragile regions.

Permission to operate

The epochal shift from shareholder capitalism to stakeholder capitalism comes as a growing number of millennial and Gen Z adults — now a majority of the U.S. workforce and a growing share of the electorate — hold a negative view of capitalism itself. Public willingness to subsidize, tax and regulate business can, quite literally, hinge on bread-and-butter issues.

The bottom line: The untapped potential of investing to fight global hunger

Although addressing global hunger is a wise investment, it’s one that isn’t being made. Countries with “crisis” levels of hunger face a 53 percent gap in hunger funding. Corporate giving to health and social services dropped 5 percent in 2022, and median international community investments decreased by 15 percent, according to CECP. Among the U.N. Sustainable Development Goals, companies consistently report providing the least support for the objective to eradicate global hunger.

Inaction is particularly unwise in an era when economic anxieties and the mass-class divide are eroding trust. The effect is sharply pronounced among those with lower incomes: In the U.S., for example, there is a 23-point gap in the levels of institutional trust among lower-income and higher-income groups. Lack of trust has a corrosive effect on society, dimming long-term economic prospects.

In other words, chronic inequality — a major driver of global hunger — is bad for business. Ending hunger is no longer about charity or even being “woke.” It is now essential to foster the kind of operating environment that is essential to business value and long-term success.

To see the original post, follow this link: https://www.triplepundit.com/story/2023/global-hunger-esg-issue/770221

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Tags: accountability, Action Against Hunger, CECP, corporate social reponsibility, corporate social responsibility, CSR, ESG, Global Hunger, green marketing, responsible brands, sustainability, sustainable branding, sustainable brands, Trust Barometer, US AID, World Health Organization
Categories : Climate Change, corporate social responsibility, ESG, reputation management, social responsibility

6 things to know about heat pumps, a climate solution in a box

3 04 2023

James Tucker got an efficient heat pump for his home near Oakland, Calif., last year. Now homeowners can get new credits for heat pumps from federal climate legislation. Photo: Julia Simon/NPR

By Julia Simon from National Public Radio • Reposted: April 3, 2023

Sales of super-efficient electric heat pumps are rising, now overtaking sales of gas furnaces in the U.S. But what are heat pumps? And why do some call them a key climate solution? Here are the answers to your most burning heat pump questions.

What is a heat pump and how does it work?

The name “heat pump” is a bit of a misnomer, says Kevin Kircher, assistant professor of mechanical engineering at Purdue University who works with the Center for High Performance Buildings.

“A lot of people dislike the name ‘heat pump’, right? ‘Cause it doesn’t really convey, you know, the full range of what the machine can do,” he says.

Heat pumps can work for both heating and cooling. Kircher says you can think of a heat pump as an air conditioner that can also work backwards. The highly efficient machines use electricity and refrigerants to cool air on hot days.

In the winter, even if the outdoor air is cold, it’s still normally warmer than the refrigerant inside the heat pump, Kircher says. So the refrigerant can absorb bits of heat from the outdoor air and bring it inside to warm your home.

What are the climate benefits of heat pumps?

The fact that heat pumps use electricity is a big reason why governments around the world see them as a key climate solution, says Yannick Monschauer, energy analyst at the International Energy Agency in Paris. That’s because heat pumps can replace gas furnaces, and the electricity they run on is increasingly powered by renewables, Monschauer says. Reducing gas usage in homes also reduces leaks of methane, a potent planet-heating gas.

Fossil fuel-based heating still accounted for 45% of global heating equipment sales in 2021. But if governments like the US and the European Union meet the targets laid out in climate legislation like the Inflation Reduction Act and REPowerEU, heat pumps could significantly slash planet-heating fossil fuel use in buildings, Monschauer says.

“We see that heat pumps could bring down global CO2 emissions by half a gigaton by the end of this decade,” he says. “So that is comparable to the annual emissions of Canada.”

*James Tucker with his heat pump that replaced his old gas furnace. Photo: Julia Simon/NPR*

Will the government help me pay for it?

Last year’s federal climate legislation offers new economic incentives for homeowners to install heat pumps, says Steven Nadel, executive director of the American Council for an Energy-Efficient Economy, a research organization working on saving energy. An IRS spokesperson tells NPR that the new credits can translate to up to $2000 for efficient heat pumps bought after January 1, 2023. If you buy a new heat pump, Nadel says to keep your receipts for reference for next year’s tax season. If you bought a heat pump in 2022 you can get credit for this upcoming tax season, but the previous incentive was smaller, up to $500, the IRS says.

Some states and some utilities also give rebates for efficient heat pumps. Nadel says you should check with your utility to see if there are programs available in your area.

As for renters, it’s also possible to get credits for appliances like efficient heat pumps according to the IRS.

Do heat pumps actually work in cold temperatures?

Earlier generations of heat pumps didn’t work as efficiently in freezing temperatures, but Monschauer says there’s been great improvements in technology.

“In the coldest parts of Europe we also have the highest shares of heat pumps. So in Norway, for example, 60 percent of the households are equipped with heat pumps. And in Sweden and Finland it is also 40 percent. So it’s definitely proven that it’s possible.”

The heat pump systems commonly found in Scandinavian homes do not need to run on backup fossil fuels, Monschauer says.

Not all heat pumps sold in the U.S. work well in the coldest weather. It’s important that you consult with an installer who is familiar with heat pumps, and make sure to find a machine that’s most efficient for your weather, Nadel says.

“In a cold climate that gets below 20 degrees Fahrenheit fairly often, you should look into getting into an Energy Star cold climate certified heat pump,” Nadel says, referring to a U.S. government program that makes markers for efficiency.

*Heat pumps can work for both heating and cooling. You can think of a heat pump as an air conditioner that can also work backwards. Photo: Julia Simon/NPR*

Can heat pumps save money?

Because heat pumps move heat around instead of burning fossil fuels for heat, they are more efficient than gas furnaces. And while heat pumps are typically more expensive on the front end, the savings come over time when you end up spending less on gas, says Brian Rees, a heat pump installer at Bryant Air Conditioning & Heating Company in Lincoln, Nebraska.

Rees says the cost savings are what attract his customers to heat pumps, “It’s more about hitting their pocketbook,” he says. “It’s more about what’s going to save them money in the long run, and heat pumps will do that.”

Kircher says you can also save money if you can buy a heat pump for both your heating and cooling needs. “It’s typically cheaper than buying a gas furnace plus an air conditioner,” he says.

Are there downsides to heat pumps?

Like refrigerators or air conditioners, heat pumps use refrigerants. The primary refrigerants commonly used in heat pumps are called hydrofluorocarbons, or HFCs, says Duncan Callaway, associate professor of Energy and Resources at UC Berkeley. These HFCs have high global warming potential if they’re released into the atmosphere, Callaway says.

That’s why it’s critical that heat pump installers make sure that those refrigerants don’t leak and are disposed of properly, he says.

“We need well-trained technicians that sort of understand the importance of collecting that refrigerant and not letting it emit into the atmosphere,” Callaway says.

Kircher also notes that researchers are currently working on developing refrigerant substitutes for HFCs that can drastically reduce climate impacts.

To see the original post, follow this link: https://www.mprnews.org/story/2023/04/01/npr-6-things-to-know-about-heat-pumps-a-climate-solution-in-a-box

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Tags: accountability, corporate social reponsibility, corporate social responsibility, CSR, energy efficiency, Energy Star, green marketing, Heat Pumps, Inflation Reduction Act, International Energy Agency, REPowerEU, responsible brands, sustainability, sustainable branding, sustainable brands
Categories : Climate Change, ESG

New Research Reveals That As Interest in Sustainability Rises, So Does Skepticism of Business

3 04 2023

According to recent research conducted by 3BL Media and TriplePundit in partnership with Glow, interest in sustainability and social impact issues is on the rise in the United States. The survey, which polled 3,648 U.S. adults from December 13-15, 2022, found that 67% of respondents regularly read news about sustainability, the environment, or social well-being.

The survey revealed that this interest is not limited to specific demographics. Respondents from all generations, genders, geographies, and income levels expressed a desire to learn more about sustainability and social impact. Despite inflation and recession concerns, climate change was ranked among the most pressing issues facing society today, with respondents across all age groups, income brackets, and geographic regions agreeing.

However, the research found that consumers are not satisfied with the level of commitment from businesses when it comes to tackling environmental and social challenges, saying companies should be doing more.

But they aren’t solely pointing the finger at business, as the data shows that consumers are willing to make changes in their own lives to reduce their impact on the planet, such as shopping secondhand, using reusable or refillable products, and buying less overall.

The results of the survey present a unique opportunity for businesses. Consumers are ready for change and eager to learn about new ideas and innovations that can make a measurable difference. Companies that step up and demonstrate their commitment to sustainability and social impact issues can earn consumers’ trust, build brand reputation and gain a competitive advantage in the marketplace.

Download the key findings for insights on how to advance your ESG programs and communicate with customers here.

To see the original post, follow this link: https://www.csrwire.com/press_releases/770211-new-research-reveals-interest-sustainability-rises-so-does-skepticism

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Tags: 3BL Media, accountability, corporate social reponsibility, corporate social responsibility, CSR, environment, ESG, Glow, green marketing, responsible brands, sustainability, sustainable branding, sustainable brands, TriplePundit
Categories : Climate Change, ESG, green marketing

Can this former CEO fix the World Bank and solve the world’s climate finance and debt crises as the institution’s next president?

2 04 2023

Ajay Banga is a former Mastercard CEO, past chair of the International Chamber of Commerce and an American. The U.S. is the largest World Bank shareholder, and the institution’s president has historically been American. Photo:Tony Karumba/AFP via Getty Images

By Rachel Kyte, Dean of the Fletcher School, Tufts University via The Conversation • Reposted: April 2, 2023

Many low- and middle-income countries – the population the World Bank is tasked with helping – are falling deeper into debt and facing growing costs as the impacts of climate change increase in severity. A chorus of critics accuse the World Bank of failing to evolve to meet the crises.

The job of leading that reform is now almost certain to fall to Ajay Banga, an Indian American businessman and former CEO of Mastercard who was nominated by President Joe Biden to replace resigning World Bank President David Malpass. Nominations closed on March 29, 2023, with Banga the only candidate.

There is no shortage of advice for what Banga and the World Bank need to do.

The G-20 recently issued a report urging the World Bank and the other multilateral development banks to loosen their lending restrictions to get more money flowing to countries in need. A commission led by economists Nicholas Stern and Vera Songwe called for a rapid, sustained investment push that prioritizes transitioning to cleaner energy, achieving the U.N. sustainable development goals and meeting the needs of increasingly vulnerable countries.

African ministers of finance will soon come out with their own “to do” list for the World Bank, and India’s minister of finance just pulled together an expert group to consider World Bank reform.

Banga will walk into the job with these and many other to-do lists. Yet he will inherit a corporate culture that makes the World Bank Group too inwardly focused and too slow to respond.

I have worked for the World Bank Group and with it from the outside. I see four key roles – four “C’s” – that Banga will need to master from the outset. From his track record and his reputation for deep thoughtfulness, I am confident that he can.

1) Act as a CEO and get the entire World Bank Group house in order.

The World Bank Group is a conglomerate with four balance sheets, three cultures and four executive boards, plus a dispute resolution arm.

Lending to low- and middle-income countries is just part of its role. The World Bank Group also provides technical assistance across all areas of economic development and invests in and provides risk insurance to encourage companies to invest in projects and places they might otherwise consider too risky. Its ability to mobilize private-sector finance and stretch every dollar is crucial for meeting the world’s development and climate adaptation and mitigation needs.How the World Bank operates.

Banga will need to set clear goals for each part of the World Bank Group and get them working more effectively to help the world achieve its goals.

2) Assume the mantle of collaborator in chief to take on the debt and climate crises.

Many of the World Bank Group’s client countries are facing both mounting debt and rising costs from climate change.

The high cost of borrowing can hamper developing countries’ ability to invest in needed infrastructure to grow and protect their economies, and they fear being locked out of global trade as the United States’ green subsidies in the Inflation Reduction Act and Europe’s border carbon tax may make it more difficult for them to compete.

The solutions to cascading problems like these cannot be managed by one institution. However, the current multilateral development bank system – the World Bank Group and the regional development banks – is disjointed at best and competitive at worst./

In the past, the leaders of the development banks, the International Monetary Fund and the World Trade Organization have cooperated, more or less, depending on crises and personalities, and can move fast when they need to.

During the global financial crisis of 2008 and 2009, for example, the then-heads of the World Bank and the WTO hurried to develop trade finance facilities to support banks in developing countries as capital fled to the U.S. and Europe. It took intense diplomacy to push wealthy countries and institutions to get money out the door to shore up businesses and trade. Success was measured not in months but in days.

The new president of the World Bank will need to support more radical collaboration among development financial institutions, including pooling capital and talent, to help respond quickly to countries’ needs.

It won’t be easy. Institutional rivalries run deep. But with budgets tight, there is growing clarity that there is no choice – the capital that is already in the system is the closest at hand and can be deployed to better effect if the institutions are willing to adapt.

3) Be a convener.

Overhauling how international finance works will require everyone to be on board – development banks, central banks, regulators, investment banks, pension funds, insurance companies and private equity.

Banga and International Monetary Fund Managing Director Kristalina Georgieva can settle institutional differences and present a coordinated face to private investors and the major lending countries, including China – which has emerged as the biggest holder of developing country debt – to speed up support to struggling countries.

On other issues, such as nature-based solutions to climate change, building resilience and economic inclusion, the World Bank Group can bring its significant resources and skills, including data analysis, to global conversations that it has been painfully absent from for the past four years.

4) Be a champion for the most vulnerable.

The world’s most vulnerable people are the World Bank Group’s ultimate beneficiaries. For those living on the front line of biodiversity loss and climate impacts, such as extreme heat, drought and flooding, the current international financial system is proving inadequate.

The World Bank Group’s management incentives are still too oriented to lending approved by the board, not the outcomes of that lending, advice and assistance.

Throughout its history, World Bank leaders have been able to make rapid changesto better help vulnerable countries when they stay close to the needs of their ultimate beneficiaries and the goals that the world has set.

The next president faces turbulent times. Banga’s careful listening on his campaign tour signals that he understands the complexity. It’s an extraordinary moment in the history of the institution, with sky-high expectations of what one leader needs to do.

To see the original post, follow this link: https://theconversation.com/can-this-former-ceo-fix-the-world-bank-and-solve-the-worlds-climate-finance-and-debt-crises-as-the-institutions-next-president-202900

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Tags: accountability, Ajay Banga, corporate social reponsibility, corporate social responsibility, CSR, Inflation Reduction Act, responsible brands, sustainability, sustainable branding, sustainable brands, World Bank, WTO
Categories : Climate Change, ESG

Top 10 responsible investment brands remain European

2 04 2023

The European Union Flag. Photo: FundsEurope

By Funds Europe • Reposted: April 2, 2023

The top 10 firms in the 2023 Responsible Investment Brand Index (RIBI) continue to be European asset managers, according to the fifth edition of the global survey.

The research said these brands have solidified their position as ‘avant gardists’ – those with above-average ranking.

The top-ranked firm for 2023 is Candriam, followed in order by DPAM, Axa Investment Managers and Mirova.

Impax Asset Management, Ecofi Investissements, Schroders, Amundi, Robeco, and CPR Asset Management make up the remaining spots, respectively.

European firms held the top 10 spots in last year’s research and their base has since grown. Last year, these top 10 firms represented 24% of the industry. This has crept up to 28%.

As a region, Europe ex UK firms have an average RIBI score of 2.12 which had also increased from 2022 when this was 1.84. The latest score is well above the world average score of just below 1.9.

As a region, the UK has lagged, with an average score of 2.11. This has also increased from 1.72 in 2022, closing the gap with Europe.

North America is the biggest laggard, as a region, with an average score of below 1.7.

“The main challenge the financial industry needs to address remains its reputation – the necessity to establish long-term, trusted and mutually profitable relationships with multiple stakeholders,” says Jean-François Hirschel, co-founder of RIBI.

“With times staying uncertain yet RIBI demonstrating progress within the industry, there has perhaps never been a better time for asset managers to focus on the genuine identity they convey through their brand.”

The RIBI survey is based on an analysis of close to 600 asset managers around the world assessed on commitment and brand.

To see the original post, follow this link: https://www.funds-europe.com/news/top-10-responsible-investment-brands-remain-european

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Tags: accountability, corporate social reponsibility, corporate social responsibility, CSR, ESG, Funds Europe, responsible brands, Responsible Investing, RIBI score, sustainable branding, sustainable brands
Categories : corporate social responsibility, ESG, social responsibility

Corporate sustainability needs a gender lens

31 03 2023

Outside the Department of Labour in Dhaka last month workers demanded that their shuttered garment factory be reopened Photo: Mamunur Rashid / shutterstock.com

The draft EU directive on corporate sustainability remains gender-blind. And what you don’t see you can’t fix. by CAROLINA RUDNICKVIZCARRA, SYLVIA OBREGON QUIROZ and ANDRIANA LOREDAN from Social Europe: Reposted: March 31, 2023

When industrial agriculture and salmon production came to Chile, they brought new jobs to rural and indigenous women. But the work came with a hefty price tag.

It wiped out ancestral practices and shattered solidarity-based communities. Those working the graveyard shift in salmon-processing plants endured gruelling hours and saw their family bonds deteriorate.

The salaries were low—so low they couldn’t even be considered a living wage. When the pandemic hit and the food industry shuttered, unemployment grew in nearby communities. Going into debt became unavoidable for many, while others hung by a thread.

The situation was doubly difficult for women workers, because of gender norms and intersecting vulnerabilities. Still the main caregivers, their poverty wages and brutal working conditions also affected children and elderly family members dependent on them.

Especially insidious

Gender discrimination and inequality in global value chains have been widely documented but remain largely unaddressed by European companies and regulators. Abuses of women’s rights are especially insidious in the food-services, electronics and garment industries, where women make up most of the workforce.

Women in these export-oriented manufacturing sectors are vulnerable to wage theft, union-busting and other violations of labour rights—especially if they are young, migrant and/or poorly educated. Reckless business activities prey on and exacerbate inequitable gender roles, such that 71 per cent of those trapped in modern slavery are women.

All of this is hidden in plain sight. The long and winding value chains that stretch across the globe reinforce power imbalances and the maldistribution of costs and benefits. For instance, most brands don’t seem to care that it takes just four days for a chief executive from one of the top fashion labels to make what a Bangladeshi garment worker will earn in her lifetime.

Similarly, fossil-fuel companies have made record profit s from the energy crisis while fuelling climate collapse and pushing millions into starvation. Yet TotalEnergies is rewarding its chief executive with a scandalous bonus of nearly €6 million, despite standing accused of causing massive forced displacements in Uganda and Tanzania. What is often overlooked is how land-grabbing affects women, who comprise only 15 per cent of landholders globally but depend on the land to grow food and secure water.

Sexual violence is another endemic issue, festering in the deep underbelly of multinationals’ value chains. Recent investigations have uncovered abuses in tea plantations and wind parks. These will only be eradicated if we ensure corporate accountability.

Stumbling at the first hurdle

As the largest trading bloc in the world, the European Union must lead on this front. Civil society and trade unions have hailed the forthcoming corporate-sustainability directive as a huge opportunity to advance women’s rights and gender equality globally, while uprooting abuses of human and environmental rights along companies’ value chains and holding them liable for harm.

Yet despite the European Commission president, Ursula von der Leyen, declaring that ‘gender equality is a core principle of the European Union’, the commission stumbled at the first hurdle in making this a reality for the women making our food, clothes and electronics. The draft directive completely ignored the enhanced risks of business for women, girls and other marginalised groups.

Then in December, the Council of the EU, representing the member states, scrapped the Convention on the Elimination of All Forms of Discrimination Against Women from the draft directive’s list of human-rights standards corporations must respect. This is a huge setback in the fight for women’s rights.

Do European citizens know how little their governments care about women? This gender-blind approach will simply fortify toxic gender dynamics and leave women further behind. It certainly will not protect women environmental and human-rights defenders from the misogynistic violence disproportionately used to silence and control them.

Changing course

The European Parliament and the council can still change course. Co-legislators must ensure rules extend across the entire value chain, because it is in the lower tiers where women are over-represented and invisible to corporates in head offices.

For women and those in situations of vulnerability, access to justice must also urgently be improved. Removing legal barriers to bringing transnational court cases against companies is essential. That includes reversing the disproportionate burden of proof borne by claimants, who usually have limited access to evidence such as internal documents.

European lawmakers must also oblige companies to carry out impact assessments that identify how corporate activities affect women specifically—and include provisions on gender equality and the protection of human-rights defenders erased from earlier drafts. To guarantee that women’s exploitation is no longer a source of profit, major brands must map their international value chains and collect gender-disaggregated data, to give women the information they need to alert companies about risks and ways to remedy abuses.

World of difference

For women working in salmon-processing plants in Chile, it would make a world of difference to be heard and taken into account. By carrying out due diligence and consulting women in a meaningful way, European buying companies would learn about the problems women face—how supervisors monitor their bathroom breaks or penalise their medical check-ups and maternity leaves. You cannot fix what you do not see.

With key votes in the European Parliament and the ‘trilogue’ negotiations on the directive approaching among commission, council and parliament, EU leaders need to get their act together to guarantee that the products we use are untainted by abuses.

On International Women’s Day, the commission said it stood ‘united with all women to build momentum for their rights across the globe’. The EU must now present a united stand to protect the millions of women who work in the factories, farms and packing houses supplying our essential needs.

To see the original post, follow this link: https://www.socialeurope.eu/corporate-sustainability-needs-a-gender-lens

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Tags: accountability, corporate social reponsibility, corporate social responsibility, CSR, ESG, Gender Lens, International Women’s Day, responsible brands, Social Europe, sustainability, sustainable branding, sustainable brands, the Council of the EU
Categories : Climate Change, corporate social responsibility, ESG

How Sustainability is Driving Consumer Purchases in Food and Grocery

31 03 2023

Image: Waste 360

Consumers are increasingly swapping brands for ones that are more sustainable, according to new research from Glow. The online consumer research platform contacted 33,000 respondents between April and December 2022, gathering insight into their food and grocery purchases. By Stefanie Valentic from Waste 360 – Reposted: March 31, 2023

Consumers are increasingly swapping brands for ones that are more sustainable, according to new research from Glow.

The online consumer research platform contacted 33,000 respondents between April and December 2022, gathering insight into their food and grocery purchases. Glow also leveraged data from NielsonIQ research studies to study the relationship between consumers and sustainability expectations.

Glow founder and CEO Tim Clover commented, “Investors, employees, customers and consumers want to see more progress in sustainability initiatives that support people, the environment and the planet. Brands are increasingly sharing their credentials, communicating their milestones and publishing performance against their ESG and sustainability goals.”

He noted the influx of information around sustainability from both “controlled and uncontrolled sources” as a direct driver of consumer purchasing decisions, with one out of 2 consumers switching brands based on their purpose-driven efforts.

The US Brand Sustainability Benchmark report showed behaviors shift across all sectors of the food and grocery (F&G) industry, with the highest occurrences in Health & Beauty, Meat & Seafood, Household, and Beverage.

Respondents indicated they are willing to pay more for brands with ESG goals that align with their values. Nine out of 10 consumers surveyed expressed the importance of brands demonstrating social and environmental responsibility. Furthermore, 64 percent are willing to pay more for these products.

The findings also showed the following economic issues are most important in purchasing F&G products: reducing emissions and climate change; respecting and protecting natural resources; protecting wildlife and ecosystems; and taking care of supplier welfare. Packaging and plastic reduction in Household products also were important to consumers.

“The largest opportunity gap for brands in the US F&G industry exists in the Environmental drivers,” the study found. “They are the most important but consumers are the least satisfied with the industry’s overall performance across them. More than 3 in 10 consumers are not satisfied with the industry’s performance on any of the four Environmental drivers – with reducing emissions & climate change both the most important AND the lowest scoring driver of satisfaction measured. Environmental drivers represent a significant opportunity for the Food and Grocery industry to raise their game to meet consumer expectations.”

Glow concluded that opportunities exist for F&G brands that align their ESG goals with consumer expectations. The industry ranked ahead of 20 others in the report, just behind supermarkets and convenience.

“The F&G industry is deemed to be one of the industries leading the way to a more sustainable future,” the study noted.

To see the original post, follow this link: https://www.waste360.com/sustainability/how-sustainability-driving-consumer-purchases-food-and-grocery

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Tags: accountability, corporate social reponsibility, corporate social responsibility, CSR, ESG, F&G Brands, Glow Research, green marketing, responsible brands, sustainability, sustainable branding, sustainable brands
Categories : corporate social responsibility, ESG

Companies pay up to $500,000 for sustainability ratings and are often dissatisfied with the results

29 03 2023

*A picture illustration shows U.S. 100-dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao/File Photo*

Reporting by Virginia Furness; editing by Simon Jessop and Jane Merriman from Reuters • Reposted: March 29, 2023

Companies are spending up to half a million dollars a year on a sustainability rating to meet investor demands for such data, yet are often dissatisfied with the results, new research shows.

Publicly-listed companies spend, on average, between $220,000 and $480,000 on ratings-related costs per year, with their private counterparts being billed for up to $425,000, based on a survey by sustainability consulting firm ERM. Common criticisms related to the accuracy and transparency of the data and ratings, as well as a company’s ability to correct errors, the report said.

Growing demand for environmental, social and governance (ESG) data and a reliance by many smaller investors on external providers to assess companies has driven rapid growth of the unregulated industry, drawing the attention of regulators.

The ERM report said companies’ dissatisfaction with the accuracy of ratings was based largely on their experience of finding errors in raters’ analysis of company supplied data, undermining their trust in the overall rating.

Almost a third of the 104 companies surveyed said they had a “low” to “very low” confidence that the ESG ratings accurately reflected their ESG performance.

But they are driven to secure ratings by investor demand, with 95% of companies saying this was a factor for them engaging with ESG raters.

Investors, too, are spending large amounts on ESG data and ratings, with costs ranging between $175,000 and $360,000, the ERM said, although many reported having only “moderate confidence” in the accuracy and utility of these ratings.

To see the original post, follow this link: https://www.reuters.com/business/sustainable-business/companies-pay-up-500000-sustainability-ratings-report-2023-03-27/

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Tags: accountability, corporate social reponsibility, corporate social responsibility, CSR, ERM, ESG, sustainability, sustainable branding, sustainable brands
Categories : ESG

A shortage of native seeds is slowing land restoration across the US, which is crucial for tackling climate change and extinctions

28 03 2023

Planting native plant seeds on sand dunes at Westward Beach in Malibu, Calif., to stabilize the dunes. Photo: Al Seib / Los Angeles Times via Getty Images

By Julia Kuzovkina, Professor of Horticulture, University of Connecticut and John Campanelli, PhD Student in Plant Science and Landscape Architecture, University of Connecticut via The Conversation • Reposted: March 28 2023

Spring is planting time for home gardeners, landscapers and public works agencies across the U.S. And there’s rising demand for native plants – species that are genetically adapted to the specific regions where they are used.

Native plants have evolved with local climates and soil conditions. As a result, they generally require less maintenance, such as watering and fertilizing, after they become established, and they are hardier than non-native species.

Many federal, state and city agencies rank native plants as a first choice for restoring areas that have been disturbed by natural disasters or human activities like mining and development. Repairing damaged landscapes is a critical strategy for slowing climate change and species loss.

But there’s one big problem: There aren’t enough native seeds. This issue is so serious that it was the subject of a recent report from the National Academies of Sciences, Engineering and Medicine. The study found an urgent need to build a native seed supply.

As plant scientists who have worked on ecological restoration projects, we’re familiar with this challenge. Here’s how we are working to promote the use of native plants for roadside restoration in New England, including by building up a seed supply network.Landscapers and land managers explain the benefits of planting native plants.

The need for native plants

Many stressors can damage and degrade land. They include natural disasters, such as wildfires and flooding, and human actions, such as urbanization, energy production, ranching and development.

Invasive plants often move into disturbed areas, causing further harm. They may drift there on the wind, be excreted by birds and animals that consume fruit, or be introduced by humans, unintentionally or deliberately.

Ecological restoration aims to bring back degraded lands’ native biological diversity and the ecological functions that these areas provided, such as sheltering wildlife and soaking up floodwater. In 2021, the United Nations launched the U.N. Decade on Ecosystem Restoration to promote such efforts worldwide.

Native plants have many features that make them an essential part of healthy ecosystems. For example, they provide long-term defense against invasive and noxious weeds; shelter local pollinators and wildlife; and have roots that stabilize soil, which helps reduce erosion.

Restoration projects require vast quantities of native seeds – but commercial supplies fall far short of what’s needed. Developing a batch of seeds for a specific species takes skill and several years of lead time to either collect native seeds in the wild or grow plants to produce them. Suppliers say one of their biggest obstacles is unpredictable demand from large-scale customers, such as government and tribal agencies, that don’t plan far enough ahead for producers to have stocks ready.

Dozens of small potted seedlings sprouting in large trays. — Wyoming Big Sage seedlings growing in a greenhouse. The U.S. Bureau of Land Management and the Shoshone-Paiute Tribe are working together to produce native seedlings to restore public lands in Idaho that have been damaged by wildfires. Bureau of Land Management Idaho/Flickr, CC BY

Restoring roadsides in New England

Most drivers give little thought to what grows next to highways, but the wrong plants in these areas can cause serious problems. Roadsides that aren’t replanted using ecological restoration methods may erode and be taken over by invasive weeds. Ecological restoration provides effective erosion control and better habitat habitats for wildlife and pollinators. It’s also more attractive.

For decades, state transportation departments across the U.S. used non-native cool-season turfgrasses, such as fescue and ryegrass, to restore roadsides. The main benefits of using these species, which grow well during the cooler months of spring and fall, were that they grew fast and provided a quick cover.

Then in 2013 the New England Transportation Consortium – a research cooperative funded by state transportation agencies – commissioned our research team to help the states transition to native warm-season grasses instead. These grasses grow well in hot, dry weather and need less moisture than cool-season grasses. One of us, John Campanelli, developed the framework for selecting plant species based on conservation practices and identified methods for establishing native plant communities for the region.

We recommended using warm-season grasses that are native to the region, such as little bluestem, purple lovegrass, switchgrass and purpletop. These species required less long-term maintenance and less-frequent mowing than the cool-season species that agencies had previously used.

To ensure sound conservation practices, we wanted to use seeds produced locally. Seeds sourced from other locations would produce grasses that would interbreed with local ecotypes – grasses adapted to New England – and disrupt the local grasses’ gene complexes.

At that time, however, there was no reliable seed supply for local ecotypes in New England. Only a few sources offered an incomplete selection of small quantities of local seeds, at prices that were too expensive for large-scale restoration projects. Most organizations carrying out ecological restoration projects purchased their bulk seeds mainly from large wholesale producers in the Midwest, which introduced non-local genetic material to the restoration sites.

Improving native seed supply chains

Many agencies are concerned that lack of a local seed supply could limit restoration efforts in New England. To tackle this problem, our team launched a project in 2022 with funding from the New England Transportation Consortium. Our goals are to increase native plantings and pollinator habitats with seeds from local ecotypes, and to make our previous recommendations for roadside restoration with native grasses more feasible.

As we were analyzing ways to obtain affordable native seeds for these roadside projects, we learned about work by Eve Allen, a master’s degree student in city planning at the Massachusetts Institute of Technology. For her thesis, Allen used supply chain management and social network analysis to identify the best methods to strengthen the native seed supply chain network.

Her research showed that developing native seed supplies would require cooperative partnerships that included federal, state and local government agencies and the private and nonprofit sectors. Allen reached out to many of these organizations’ stakeholders and established a broad network. This led to the launch of the regional Northeast Seed Network, which will be hosted by the Massachusetts-based Native Plant Trust, a nonprofit that works to conserve New England’s native plants.

We expect this network will promote all aspects of native seed production in the region, from collecting seeds in the wild to cultivating plants for seed production, developing regional seed markets and carrying out related research. In the meantime, we are developing a road map for new revegetation practices in New England.

We aim to build greater coordination between these agencies and seed producers to promote expanded selections of affordable native seeds and make demand more predictable. Our ultimate goal is to help native plants, bees and butterflies thrive along roads throughout New England.

To see the original post, follow this link: https://theconversation.com/a-shortage-of-native-seeds-is-slowing-land-restoration-across-the-us-which-is-crucial-for-tackling-climate-change-and-extinctions-199049

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Tags: corporate social reponsibility, corporate social responsibility, CSR, Engineering and Medicine, Home Gardeners, MIT, National Academies of Sciences, Native Plants, native seed supply chains, Plant Scientists, Resoration, responsible brands, Seed shortage, sustainability, sustainable branding, sustainable brands
Categories : Climate Change

Responsible brands contributing to provide clean water for 5 million people

28 03 2023

Image: Water Equity

Among the contributors to the $140 million WaterEquity Global Access Fund IV are Ecolab, Starbucks, Gap, Reckitt and DuPont. The companies have contributed to a $140 million fund run by WaterEquity, whose co-founder is Matt Damon. By Patrick Kennedy from the Star Tribune • Reposted: March 28, 2023

Ecolab is investing $10 million to a new fund that hopes to bring clean drinking water to 5 million people around the world.

Among the other contributors to the $140 million WaterEquity Global Access Fund IV are Starbucks, Gap, Reckitt and DuPont.

The fund is being managed by WaterEquity, an impact investment asset manager whose co-founder is the actor Matt Damon. The announcement came last week as the United Nations Water Conference was set to start.

The companies are all part of the Water Resilience Coalition, a CEO-led initiative to bring attention to and take action against a growing global water crisis. Nearly 2 billion people today live in water stressed areas and, according to the coalition, that number may grow to half the world’s population by 2050.

“As a global water leader who helps customers manage 1.1 trillion gallons around the world, Ecolab believes that water stewardship and sustainable business growth must go hand in hand,” said Emilio Tenuta, Ecolab’s chief sustainability officer.

Starbucks’ contribution is $25 million. The fund also has a $100 million commitment from the U.S. International Development Finance Corp.

Tenuta said Ecolab not only believes the cause is the right thing to do but also boosts “the business case for sustainability by showing a positive return on investment and a positive impact,” he added.

The fund is part of a new investment portfolio by the Water Resilience Coalition. More investment will be needed to fund the nearly $1 billion in collective investment opportunities identified by the portfolio.

The portfolio may eventually include other funding vehicles including private equity investments, microloans and impact bonds.

To see the original post, follow this link: https://www.startribune.com/ecolab-contributes-10m-to-effort-to-provide-clean-water-for-5-million-people-waterequity-matt-damon/600262258/

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Tags: accountability, corporate social reponsibility, corporate social responsibility, CSR, ESG, green marketing, Matt Damon, responsible brands, sustainability, sustainable branding, sustainable brands, Water Resilience Coalition, WaterEquirty
Categories : Climate Change, corporate social responsibility, ESG

Gearing Up for ESG Reporting: Insights from Public Company Executives

27 03 2023

Image credit: Andrea Piacquadio/Pexels

By Kristen Sullivan from triple pundit.com • Reposted: March 27, 2023

Committing to meet environmental, social, and governance (ESG) objectives and targets is one thing. Acting on them is quite another. What are businesses doing to prepare for high-quality sustainability and ESG reporting, and what challenges are they uncovering along the way? To find out, Deloitte surveyed 300 public company executives to get a pulse on current trends and sentiment. Here are five takeaways from the front lines of real-world change.

Embed ESG in the corporate strategy

Nearly 3 in 5 executives (57 percent) say their company has established a cross-functional working group to drive strategic attention to ESG, an increase of 21 percent since last year. Another 42 percent say they’re in the process of establishing one.

A typical ESG working group includes executives from finance, accounting, risk, legal, sustainability, operations, supply chain and other functional areas. Increasingly, accountability for ESG performance can be most effective with an integrated governance structure that brings together all business functions. A philosophy of ownership across the business, paired with a strategic approach to governance, can establish ESG as a strategic priority highly aligned to corporate strategy.

Assign roles and responsibilities

Only 3 percent of executives say their companies are prepared for potential increased ESG regulatory or other disclosure requirements, but many are getting ready. For instance, 81 percent of companies have created new roles or responsibilities, and 89 percent say they’ve enhanced internal goal-setting and accountability mechanisms to promote readiness.

Who has management responsibility over ESG disclosure? Today, in many cases, it’s the chief financial officer (CFO) or chief sustainability officer (CSO), but many respondents indicate that increasingly there is shared responsibility for ESG reporting across the executive leadership team, human resources, supply chain and other functions.

Of those executives surveyed, board-level oversight has been predominantly assigned to the nominating and governance committee, but we are seeing a trend of expanded oversight responsibility across all committees, aligned to respective remit, to drive greater integration and oversight of ESG risks and opportunities.

Increase focus on assurance

Nearly all (96 percent) surveyed executives plan to seek assurance for the next ESG reporting cycle. To prepare for a reasonable level of assurance, 37 percent of companies are starting to apply the Committee of Sponsoring Organizations of the Treadway Commission (COSO)’s internal control guidelines, which can help companies measure, manage and validate ESG information with the same rigor typically applied to financial reporting.

Respondents shared that they use a range of different frameworks and standards for their disclosures. The most common is the Task Force for Climate-related Financial Disclosures (TCFD) (56 percent), closely followed by the Sustainability Accounting Standards Board (SASB) (55 percent). Around half of respondents also use standards from the Greenhouse Gas Protocol, International Integrated Reporting Council (IIRC), and Global Reporting Initiative (GRI).

For multinational firms, the rapid progress of the International Sustainability Standards Board (ISSB) signals optimism for convergence of a number of leading sustainability reporting standards and frameworks and the creation of a global baseline for sustainability reporting to help meet the information needs of the capital markets, as well as serve as the basis upon which other jurisdictions can build.

Develop a workable solution for data gaps

When it comes to sustainability reporting, access to quality ESG data now appears to be a bigger challenge than data availability. Still, a majority (61 percent) of respondents indicate their companies are prepared to disclose details about the greenhouse gas (GHG) emissions they directly produce, known as Scope 1. Even more (76 percent) say they’re ready to disclose details of their Scope 2 GHG emissions, or emissions generated by the electricity a company purchases, a substantial increase from the 47 percent who said so the previous year.

At the same time, Scope 3 emissions — which account for GHGs produced along a company’s entire value chain — appear to remain a challenge. Most respondents (86 percent) indicate they’ve run into challenges measuring them, and only 37 percent are prepared to disclose them in detail.

To close any gaps, companies may consider focusing on the Greenhouse Gas Protocol, which currently serves as the leading standard for measuring greenhouse gas emissions and provides for methodologies to promote consistency of measurement with due consideration to the level of measurement uncertainty and data availability.

Invest in technology for ESG reporting, disclosure and action

New technology is on the horizon for many companies as they embark on their ESG integration and disclosure journeys. Nearly all executives (99 percent) are somewhat likely or very likely to invest in new technology to prepare to meet stakeholder expectations and future regulatory requirements.

Technology solutions can assist in accelerating preparedness in moving from reporting in accordance with voluntary sustainability standards and frameworks to enhanced disclosure in accordance with authoritative ESG standards and new regulation.

No matter where a company is in their sustainability journey, strategic attention to ESG integration and disclosure today can help to deliver long term value to stakeholders into the future. By implementing the insights shared by public company executives, companies can gear up for ESG reporting and work to meet stakeholder expectations while also creating long-term value.

Kristen B. Sullivan is a partner with Deloitte & Touche LLP and leads Sustainability and ESG Services, working with clients to help address their sustainability and non-financial disclosure strategy needs.

To see the original post, follow this link: https://www.triplepundit.com/story/2023/ceo-insights-esg-reporting/769591

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Tags: accountability, CFO, corporate social responsibility, Corporate Strategy, CSO, Deloitte, ESG, GRI, International Integrated Reporting Council, marketing, responsible brands, sustainability, sustainable branding, sustainable brands, TCFD
Categories : corporate social responsibility, ESG

Companies Face Another Packed Year of Sustainability Shareholder Votes

27 03 2023

Anti-ESG proposals have also jumped, and the first vote this year was for one at Apple that called for reporting on the “risks” of the company’s diversity and inclusion programs. PHOTO: JOHN G MABANGLO/SHUTTERSTOCK

Proposals on social issues have waned slightly but continue to be the most popular while climate action ones are on the rise. By Dieter Holger from The Wall Street Journal • Reposted: March 27, 2023

U.S. companies are facing fewer shareholder proposals on social issues this year but more calls for climate action. Anti-ESG ones are increasing, too.

For annual general meetings taking place in the first six months of the year, shareholders across all U.S. publicly traded companies filed a total of 538 proposals related to environmental, social and sustainability governance issues, according to the Sustainable Investments Institute, a Washington-based nonprofit that tracks such votes. Last year, there were 577 filings over the same period.

Proposals focused on social issues were again the most popular this year, mentioned in 338 of the filings, down more than 9% from 373 last year. Environmental issues were at the heart of 162 proposals, up slightly from 2022’s comparable tally of 155. Included in the grand total were 48 so-called anti-ESG proposals focused on the risk of ESG-promoting policies, up from 27 in the same period last year.

Historically proposals sought more transparency, better disclosure or asked for companies to set goals, said Peter Reali, managing director and member of the sustainable investments team at fund manager Nuveen LLC. Now, many are calling for a change in behavior or impact, he said.

While the votes on proposals aren’t binding, they can create pressure for companies to change, to take a position on hot-button issues and can also express a lack of investor confidence in board members. However, Heidi Welsh, director of the Sustainable Investments Institute, cautioned that “it’s far too soon to draw any conclusions about support levels since we only have seen about half a dozen votes.” Sustainability ProposalsFilings are trending down this year compared with 2022, but more are expected to surfaceSource: Sustainable Investments InstituteNote: Proposals filed by March 20 for U.S. public companies with annual general meetings in the first six months of theyear.EnvironmentalSocialSustainability Governance2014’15’200100200300400500600

There are 298 proposals for companies to take more action on social issues, slightly down from 332 in 2022. Again this year, around a third of those concerned politics, including requests to set up board oversight or to report on a company’s lobbying, election spending or trade associations. Last year, politically-focused proposals won an average of 32% support, with only five—including at Twitter Inc., Netflix Inc. and insurer Travelers Companies Inc. —achieving majority support.

There are also 20 pay equity proposals this year, down from 33 in 2022. These typically ask companies to audit or report on gender-and-racial pay differences. Abortion has also emerged as a flashpoint with 22 reproductive health proposals this year, up from four last year.

Environmental action was the second most popular area of shareholder focus. So far, there are 160 pro-environment proposals this year, up from 154 in 2022. Most environmental proposals ask companies to adopt or report on Paris-aligned climate targets, while a smaller number ask investors, insurers and banks to report on, limit or cease their financing of fossil fuels.

Shareholders voted on a record number of pro-climate proposals last year, but their support was lukewarm for more ambitious goals such as ending fossil-fuel financing.

Support has waned slightly since 2021 when proposals calling for emission-reduction targets garnered record backing. Investors have also been more hesitant to support proposals that specifically lay out how a company should meet a climate target, said Mr. Reali: “It’s one thing to ask companies to set goals and targets, it’s another thing to tell companies how to achieve those goals and targets.”

Evidence of the rise of the anti-ESG movement in the U.S. can also be seen. The 48 anti-ESG filings to date mostly ask companies to report on the “risks” of corporate plans for improving diversity and inclusion in and outside the company. Only five concerned the environment.

Ms. Welsh expects more anti-ESG proposals this season. However, last year, most of these types of proposals received less than 5% support, the threshold necessary to refile it again in the coming year. This year’s first anti-ESG vote—asking Apple Inc. to report on the “risks” of its diversity and inclusion programs—received 1.4% support.

The proposal tally will change over the AGM season, running from January to September but with most meetings happening between April and June. Some proxy statements will include new proposals. Companies will avoid votes when shareholders withdraw some current proposals, usually after they reach an agreement with the company on an issue. Last year, 273 proposals were withdrawn before they could be voted on during the AGMs in the first half of 2022. The comparable figure this year is 120, so far.

To see the original post, follow this link: https://www.wsj.com/articles/companies-face-another-packed-year-of-sustainability-shareholder-votes-94c2c8bb

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Tags: accountability, corporate social reponsibility, corporate social responsibility, CSR, ESG, green marketing, Pay Equity, responsible brands, sustainability, sustainable branding, sustainable brands
Categories : ESG, sustainability, sustainable branding

The Guardian: First global water conference in 50 years yields hundreds of pledges, zero checks

26 03 2023

Non-binding commitments, paucity of scientific data and poor representation of global south left a lot to be desired at summit. By Nina Lakhani and Oliver Milman from the Guardian • Reposted: March 26, 2023

The first global water conference in almost half a century has concluded with the creation of a new UN envoy for water and hundreds of non-binding pledges that if fulfilled would edge the world towards universal access to clean water and sanitation.

The three-day summit in New York spurred almost 700 commitments from local and national governments, non-profits and some businesses to a new Water Action Agenda, and progress on the hotchpotch of voluntary pledges will be monitored at future UN gatherings. A new scientific panel on water will also be created by the UN.

Overall, organizers said they were happy that governments and representatives from academia, industries, and non-profits had come together to discuss the often neglected topic of water and to commit billions of dollars to improving water security.

But they conceded that more was needed than a set of voluntary commitments such as a formal global agreement, like the 2015 Paris climate accords and the 2022 Montreal biodiversity pact, as well as better data and an international finance mechanism to safeguard water supplies.

“This conference did not give us a mandate for this, but we brought the world together to ensure there is a follow-up,” said Henk Ovink, special envoy for water for the Netherlands, which co-hosted the conference along with Tajikistan. “We have fragmented water governance across the world, fragmented finance and not enough science and data in place.”

“We know our job is still not done and in fact we are falling behind in our task,” said Tharman Shanmugaratnam, Singapore’s senior minister and co-chair of a summit interactive dialogue. “But we know the job can be done. We must now treat water as a global common good to be protected collectively, in the interests of all nations.”

In closing the historic summit, António Guterres, the secretary general of the UN, urged everyone to turn the pledges into action. “All of humanity’s hopes for the future depend, in some way, on charting a new course to sustainably manage and conserve water … it needs to be at the centre of the political agenda.”

Talks ended with a broad agreement that water should be treated as a global common good, and that the world’s approach to water must be less siloed given its nexus with the climate crisis, and food, energy and national security. But with no internationally binding agreement, experts fear that pledges could slide as it will be hard to hold governments, industry and financial institutions to account.

On Friday morning, more than 100 water experts from research institutions and civil society groups across five continents sent a letter to the UN general secretary slamming the lack of “accountability, rigour and ambition” at the conference, arguing that the paucity of scientific rigour and binding agreements will fail to secure the more just, resilient and sustainable water future urgently needed.

“Trying to solve one of the greatest challenges facing humanity with voluntary commitments and solutions based on half-baked evidence is like taking a knife to a gunfight – it simply isn’t good enough, and represents a betrayal of the world’s poor who bear the brunt of the water crisis,” said Nick Hepworth, executive director of Water Witness.

Charles Iceland, global director for water at the World Resources Institute, said only about a third of these announcements were “gamechangers” that would substantially improve the water crisis. “I think the voluntary commitments are a good start … Each voluntary commitment has a place where you talk about how much money is available, most of them left that blank.”

“We need a Paris agreement for water globally, and national water plans for each country, and regional water plans for each shared basin and aquifer,” Iceland added.

About 90% of climate impacts are related to water – too much, too little, or too dirty – yet only 3% of climate finance is currently dedicated to the world’s water systems. Water related conflicts have risen sharply in recent years as sources dwindle, including many internal disputes between urban and rural dwellers, and pastoralists and farmers, according to research by the Pacific Institute.

Almost 7,000 people attended the conference, but the private sector and global north were far better represented than experts and water insecure communities at the frontline of the water crisis from the global south – many of whom were excluded due to visa and financial barriers. Only a dozen or so world leaders attended the conference, and there were no protests and few activists to call out government and business hypocrisies.

Mana Omar, 28, one of few activists from Fridays for Future Africa to get a visa, said: “As a young person without affiliation to a big organisation there was no opportunity to share experiences of my community,” said Omar, who is from Kenya’s arid Kajiado county where girls and women from pastoral Indigenous communities are facing worsening gender-based violence as drought forces them to travel further to find water.

*Australian water scarcity activist Mina Guli, center, after completing her 200th marathon outside UN headquarters on 22 March 2023. Photograph: Leonardo Muñoz/AFP/Getty Images*

“The water action agenda should include diverse experiences, but too many communities are missing, and there’s nothing legally binding so how can we hold the countries to account?” added Omar.

A UN spokesperson said they were unaware of any access issues.

The conference also failed to address the violence and threats faced by communities trying to protect dwindling water sources from mining, industrial agriculture and other polluting industries. “It is a very bureaucratic event where only large NGOs, governments and private companies could express themselves,” said Juan Gabriel Martinez, 34, a land and water defender from Manizales, Colombia, where the community is under attack by armed militias.

A quarter of the world’s population still does not have access to safe drinking water while half lacks basic sanitation – which is one of the sustainable development goals for 2030. Progress has been slow due to the lack of financial investment from rich countries – which has moved towards loans not grants, insufficient political will and a siloed approach to water. At the current rate, universal access to clean water and sanitation will not be achieved for decades after the 2030 target.

Samuel Godfrey, the UN Development Programme’s principal water resources advisor, said: “What’s come out of this is the need to move toward regional goals after 2030.”

And while the summit may have nudged the world in the right direction, as Musonda Mumba, secretary general for the convention on wetlands, said in her closing statement: “The crisis is everywhere … we have no time.”

To see the original post, follow this link: https://www.theguardian.com/world/2023/mar/24/united-nations-water-conference-new-york-pledges

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Tags: accountability, Clean Water, corporate social reponsibility, corporate social responsibility, CSR, Global Water Conference, responsible brands, Safe Drinking Water, sustainability, sustainable branding, sustainable brands, Water Action Agenda, World Resources Institute
Categories : Climate Change, ESG

Who Pays For Climate Change? Where Countries Falter, Corporations Fund

25 03 2023

Climate refugee Miriam, whose village was destroyed by flooding in 2022, walks to school in her new home in the Afar region of northern Ethiopia. Image: ©UNICEF Ethiopia/Raphael Pouget via Flickr

By Patrick McCarthy from triple pundit.com • Reposted: March 25, 2023

At the COP27 climate talks in November, world leaders agreed to establish a loss and damage fund to help developing countries cope with the impacts of climate change. But it will be yearsuntil the fund is up and running — leaving many questions unanswered, chief among them: Who pays for the climate crisis?

While the responses to this question often place the financial onus of climate change on the global superpowers (China, the U.S.) that have contributed the most environmental harm, those powerful nations have consistently failed to accept this charge. Nations in the Global South have, by and large, contributed little to climate change, yet face the most serious consequences — including more frequent and severe natural disasters like drought, intense heat, and extreme storms. As the leading contributors to climate change drag their feet, the window for action continues to shrink, and blameless millions pay the price of the Global North’s pollution.

Climate Neutral, a nonprofit dedicated to addressing this disparity, leverages corporate funding to finance sustainable projects in the world’s least developed countries. In this way, corporations can circumvent the global gridlock preventing true action on climate change. The nonprofit also provides corporations a chance to move beyond empty promises and truly begin to right their own environmental wrongs.

“The pressure that we’re trying to exert is pressure on companies because consumers, at least say, they care about climate change,” said Austin Whitman, CEO of Climate Neutral. “But they have very few ways to engage with companies directly and press companies to do more. So, if we can create the expectation that companies are doing their part to mitigate their emissions, there will be an increase in the flow of capital into projects.”

Climate Neutral challenges corporations to go beyond words and take aggressive action to reduce global emissions by 2030. To earn the nonprofit’s certification, a company must demonstrate that it is taking steps to reduce future emissions, while also paying the full price for current emissions.

Climate Neutral label on tag of Avocado Green Mattress bedding - climate change action from brands — *The Climate Neutral Certified label on packaging at partner brand Avocado Green Mattress*

Rich nations can “export low-carbon technologies” to decarbonize the developing world

Rapid industrialization in an under-developed country can create intense environmental harm. But how can a country that already polluted the world through its own industrialization 200 years ago prohibit another nation from doing the same thing today? When it comes to polluting, rich nations are essentially telling poorer nations, “do as I say, not as I do,” and that isn’t very persuasive.

“There is some transfer of wealth that’s necessary to account for the fact that the economic costs are being borne initially, largely, by countries that have not caused the problem,” Whitman said.

For decades, the Global South has called on the North to pay reparations for the crimes of colonialism, which prevented development and stole the natural resources that would have funded such development. If rich nations don’t want poorer nations to develop in an environmentally harmful way, they ought to invest in sustainable infrastructure and practices in these underdeveloped nations.

“All the major sectors, they can be used just as well in India as they can in the U.S.,” Whitman said as an example. “I think it’s our job to export low-carbon technologies to really allow them to skip past that phase where the carbon intensity of the economy grows significantly before it starts to level off and then decline. We’ve got a pretty impressive system here in the U.S., and that knowledge can be exported, and is being exported.”

Climate Neutral understands that the urgency of the climate crisis demands action, not bureaucracy. Challenging corporations to pay for pollution and invest in the environment may not completely solve the climate crisis, but it is a fantastic way to get powerful players to put their money where their mouth is.

“This is one of the many, many dynamic aspects of the puzzle. We’re not starting necessarily in the perfect spot,” Whitman said, “but that doesn’t mean that we shouldn’t start.”

To see the original post, follow this link: https://www.triplepundit.com/story/2023/who-pays-climate-change/769596

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Tags: accountability, Avocado Green Mattress, Climate Neutral, COP27, corporate social reponsibility, corporate social responsibility, ESG, Global South, responsible brands, sustainability, sustainable branding, sustainable brands
Categories : Climate Change

Want People to Use Less Water? Arm Them With Information

24 03 2023

Image credit: Karolina Grabowska/Pexels

By Kate Zerrenner from triple pundit.com • Reposted: March 24, 2023

Every March 22 is World Water Day — an observance designated by the United Nations to bring attention to different issues surrounding water and how it impacts our lives. The 2023 theme is Be the Change, an effort to encourage people to be more active in how they use, consume and manage water.

This feels like both a straightforward task and a daunting one. Most people are unaware of where their water comes from, let alone the volume they use and how. Having that information is the first step toward more effective water management at the individual level, which can help water boards and utilities better manage the larger systems and watersheds.

Can you guess what accounts for most residential water use?

Most people do not have a clear idea of where they are using water — and so do not know where they are wasting water. Inside the home, toilets, showers and faucets are the biggest water hogs. But if you have a yard, your biggest culprit is probably irrigation and lawn care. According to the U.S. Environmental Protection Agency, about a third of all residential water use in the U.S. is for landscape irrigation — about 9 billion gallons per day.

In the Western U.S., a region prone to both droughts and awash with lush green lawns, the situation is even more dire as the Colorado River runs dry. On background, a meter reader with Austin Water told TriplePundit that maintaining lawns accounted for 50 percent to 75 percent of many homes’ water usage — and many consumers often don’t believe it until they’re shown the meter reading.

Some utilities are now focusing solely getting customers to better manage their outdoor use, cutting back on indoor incentives. For example, San Antonio Water System, the city’s water utility, now only offers outdoor rebates and incentives. Program staff told TriplePundit that focusing on irrigation and pools would lead to greater water savings in the water-stressed city. The utility has also hired landscape experts to help residents replace turf with more native and drought-resistant plants.

Smart metering offers more opportunity for water conservation

Another big water waster is leaks. On the utility side, more utilities are getting better at identifying and fixing leaks, but the state of the country’s water infrastructure is going to require significant investment. On the demand side, however, if customers better understand where they’re using the most water — and how to catch leaks when they first happen — they can be more active conservationists.

Much like electric smart meters, water smart meters can help people better understand their usage. The technology is not as widespread as it is in the electricity space due to a number of factors, such as available resources and challenges in measurement that make it harder to pinpoint water usage versus electric usage (i.e., it’s easier to measure electrons than drops). But as climate change continues to put pressure on watersheds, more companies are bringing technologies onto the market.

For example, in 2022, several California water utilities started rolling out water smart meters to customers. While the utilities have a big lift on the supply side, demand needs to be lowered where it can. Much like with electricity — where energy efficiency is the first and best defense — water conservation is the critical component of ensuring water is available when and where it is needed.

Working along the energy-water nexus

And like energy efficiency, water conservation is a climate strategy. Treating, pumping and distributing water uses copious amounts of energy, and generating fossil fuel- and nuclear-powered energy uses a lot of water. So, by reducing water demand, people are also taking action to lower emissions systemwide, while reducing energy use can also help with water conservation. Most people don’t think about the source of electricity when they flip a light switch or the source of water when they turn on their faucets. But the fact remains that both actions are inextricably linked.

World Water Day 2023 calls for people to be more active in their water conservation. It is a good reminder that understanding where your water comes from and how you use it has ripple effects throughout the community and the system. Utilities can help people be the change. But the real change must come from each consumer.

To see the original post, follow this link: https://www.triplepundit.com/story/2023/data-water-conservation/769276

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Tags: accountability, corporate social reponsibility, corporate social responsibility, CSR, EPA, ESG, responsible brands, sustainability, sustainable branding, sustainable brands, World Water Day'
Categories : Climate Change

What Does It Mean To Be ‘Water Positive’?

24 03 2023

Submitted photo

By Nicole Loher from Meta • Reposted: March 24, 2023

When it comes to water scarcity, the numbers are global, but the impact is hyperlocal.

Community by community, neighbor by neighbor, the issue of water stress impacts humanity’s health and wellness as well as economic development. And yet, more than 1.7 billion people live in water basins that are being depleted by overuse and a 40% shortfall in freshwater resources is predicted by 2030. New water cannot be created, so we must be efficient with the water we use, and return what we take — particularly in highly stressed water basins. Water stewardship means taking care of the communities and ecosystems that share water resources.

In 2021, Meta announced an ambitious goal to be water positive by 2030 and in 2022, joined the Water Resilience Coalition of the UN CEO Water Mandate, a cross-sector initiative to raise the ambition of corporate water stewardship and foster collective impact in priority basins.

“Meta is honored to be a member of the Water Resilience Coalition alongside leading organizations and businesses committed to taking action on water. We’re committed to becoming water positive by 2030 by sourcing water responsibly, driving water efficiency across our facilities and operations, and investing in local water restoration projects where our facilities are located. Through the Water Resilience Coalition, we can work together to collectively protect this shared and precious resource.”

NICK CLEGG
PRESIDENT, GLOBAL AFFAIRS, META

Striving for Water Positive and Water Stewardship

For Meta, being water positive is about using water efficiently in our operations and returning more water than we consume in water-stressed basins through projects that address local needs and context. We seek to be good water stewards in water basins where we have operations through water efficiency measures and by taking into account the local context and needs of the shared basin.

Water stewardship aims to make sure local access and use of water is culturally equitable, environmentally sustainable and economically beneficial. It requires understanding the ecological and geographical context of local water use — along with issues of governance, balance, quality, sanitation and hygiene — and calls for meaningful individual and collective action.

We are listening to that call. Good water stewardship is intrinsically linked to our other sustainability priorities, which affect how we operate, how we create and how we collaborate. As climate change continues to impact water scarcity on a global scale, good water stewardship will remain a critical collective concern, especially for those living in low-income and disadvantaged communities that face increased climatological risks.

The road to water positive begins, of course, with saving as much water as possible in the first place. From there, Meta prioritizes the basins where we operate that face water stress and collaborates with partners to preserve and restore the health and resilience of local watersheds, based on local need, even as our need for water grows.

Minimizing Water Use in Our Data Centers

Around the world, our 21 data centers power our family of apps and services 24/7. Maybe it’s no surprise then, that they account for most of Meta’s water use as well.

Since 2012, we’ve tracked and reported water usage effectiveness at our data centers as a first step to good water stewardship, but we’re constantly seeking innovative ways to minimize our water use as well — like using direct evaporative cooling, which relies on outside air rather than chilled water and cooling towers, to keep internal temperatures down.

Additionally, we’re proactively choosing plant species, efficient irrigation, alternative water sources, Forestry Stewardship Council (FSC)-certified new wood products and smart scheduling technologies that together save more than 80,000 kilogallons of water per year at our data centers.

Restoring Local Watersheds

Our restoration efforts not only play a critical role in advancing our water stewardship goals, but promote biodiversity in neighboring communities too. Working with local organizations and utilities, we are investing in restoration projects in water-stressed regions that support the local water supply and help restore local habitats and wildlife.

Since 2017, we have invested in 25 water restoration projects in seven watersheds where we operate data centers. One of the most impactful has been in the Rio Grande basin in New Mexico, which faces water stress and drought. In partnership with the Middle Rio Grande Flow Restoration Project, the 2020 program leased 450 acre-feet of water from the City of Bernalillo, NM, to support wetland and channel areas in the Isleta Reach of the Rio Grande. The water was commingled with volumes acquired through other leases to help keep 35 river miles flowing to support the wetlands and water channels on which the area’s birds, fish and wildlife depend.

Water restoration will remain a high priority for us going forward. As of August 2021, we have invested in water restoration projects that will replenish more than 850 million gallons of water per year in water-stressed basins. You can read more about our ongoing efforts in our Volumetric Water Benefits report.

Increasing Water Efficiency in our Workplaces

With nearly 72,000 employees in our offices across 80 cities, our facilities teams work hard to track our water withdrawal. Many offices, including our headquarters in Menlo Park, CA, utilize on-site recycled water systems to reclaim water from a variety of sources. And across all facilities, we’ve reduced our water needs by installing efficient plumbing fixtures and planting low-water-use plants.

It’s a lot but we still have a long way to go to meet our goal of water positive by 2030. By combining transparency with collaboration and collective action to address local needs, we aim to be good water stewards for our local communities and our planet, ensuring a sustainable future for all.

Curious about what else we’re doing to be water positive? Check out our 2021 Sustainability Report.

To see the original post, follow this link: https://www.csrwire.com/press_releases/769541-what-does-it-mean-be-water-positive

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Tags: accountability, Climate Change, corporate social reponsibility, corporate social responsibility, CSR, ESG, Forestry Stewardship Council, Meta, responsible brands, sustainability, sustainable branding, sustainable brands, Water Positive
Categories : Climate Change, ESG

Climate damage is worsening faster than expected, but there’s still reason for optimism – 4 essential reads on the IPCC report

24 03 2023

Wildfires are becoming a greater risk in many countries as the landscape dries. Photo: Michael Nigro/Pacific Press/LightRocket via Getty Images

By Stacy Morford, Environment + Climate Editor, from The Conversation • Reposted: March 24, 2023

Reading the latest international climate report can feel overwhelming. It describes how rising temperatures caused by increasing greenhouse gas emissions from human activities are having rapid, widespread effects on the weather, climate and ecosystems in every region of the planet, and it says the risks are escalating faster than scientists expected.

Global temperatures are now 1.1 degree Celsius (2 degrees Fahrenheit) warmer than at the start of the industrial era. Heat waves, storms, fires and floods are harming humans and ecosystems. Hundreds of species have disappeared from regions as temperatures rise, and climate change is causing irreversible changes to sea ice, oceans and glaciers. In some areas, it’s becoming harder to adapt to the changes, the authors write.

Still, there are reasons for optimism – falling renewable energy costs are starting to transform the power sector, for example, and the use of electric vehicles is expanding. But change aren’t happening fast enough, and the window for a smooth transition is closing fast, the Intergovernmental Panel on Climate Changereport warns. To keep global warming below 1.5 C (2.7 F), it says global greenhouse gas emissions will have to drop 60% by 2035 compared with 2019 levels.

he extent to which current and future generations will experience a hotter world depends on choices made now and in the coming years. The scenarios show expected differences in temperature depending on how high emissions are going forward.IPCC sixth assessment report

In the new report, released March 20, 2023, the IPCC summarizes findings from a series of assessments written over the past eight years and discusses how to stop the damage. In them, hundreds of scientists reviewed the evidence and research.

Here are four essential reads by co-authors of some of those reports, each providing a different snapshot of the changes underway and discussing solutions.

1. More intense storms and flooding

Many of the most shocking natural disasters of the past few years have involved intense rainfall and flooding.

In Europe, a storm in 2021 set off landslides and sent rivers rushing through villages that had stood for centuries. In 2022, about a third of Pakistan was underwater, and several U.S. communities were hit with extreme flash flooding.

The IPCC warns in the sixth assessment report that the water cycle will continue to intensify as the planet warms. That includes extreme monsoon rainfall, but also increasing drought, greater melting of mountain glaciers, decreasing snow cover and earlier snowmelt, wrote UMass-Lowell climate scientist Mathew Barlow, a co-author of the report examining physical changes.

“An intensifying water cycle means that both wet and dry extremes and the general variability of the water cycle will increase, although not uniformly around the globe,” Barlow wrote.

“Understanding this and other changes in the water cycle is important for more than preparing for disasters. Water is an essential resource for all ecosystems and human societies.”

2. The longer the delay, the higher the cost

The IPCC stressed in its reports that human activities are unequivocally warming the planet and causing rapid changes in the world’s atmosphere, oceans and icy regions.

“Countries can either plan their transformations, or they can face the destructive, often chaotic transformations that will be imposed by the changing climate,” wrote Edward Carr, a Clark University scholar and co-author of the IPCC report focused on adaptation.

The longer countries wait to respond, the greater the damage and cost to contain it. One estimate from Columbia University put the cost of adaptation needed just for urban areas at between US$64 billion and $80 billion a year – and the cost of doing nothing at 10 times that level by mid-century.

“The IPCC assessment offers a stark choice,” Carr wrote. “Does humanity accept this disastrous status quo and the uncertain, unpleasant future it is leading toward, or does it grab the reins and choose a better future?”

3. Transportation is a good place to start

One crucial sector for reducing greenhouse gas emissions is transportation.

Cutting greenhouse gas emissions to net-zero by mid-century, a target considered necessary to keep global warming below 1.5 C, will require “a major, rapid rethinking of how people get around globally,” wrote Alan Jenn, a transportation scholar at the University of California Davis and co-author on the IPCC report on mitigation.

There are positive signs. Battery costs for electric vehicles have fallen, making them increasingly affordable. In the U.S., the 2022 Inflation Reduction Act offers tax incentives that lower the costs for EV buyers and encourage companies to ramp up production. And several states are considering following California’s requirement that all new cars and light trucks be zero-emissions by 2035.

“Behavioral and other systemic changes will also be needed to cut greenhouse gas emissions dramatically from this sector,” Jenn wrote.

For example, many countries saw their transportation emissions drop during COVID-19 as more people were allowed to work from home. Bike sharing in urban areas, public transit-friendly cities and avoiding urban sprawl can help cut emissions even further. Aviation and shipping are more challenging to decarbonize, but efforts are underway.

He adds, however, that it’s important to remember that the effectiveness of electrifying transportation ultimately depends on cleaning up the electricity grid.

4. Reasons for optimism

The IPCC reports discuss several other important steps to reduce greenhouse gas emissions, including shifting energy from fossil fuels to renewable sources, making buildings more energy efficient and improving food production, as well as ways to adapt to changes that can no longer be avoided.

There are reasons for optimism, wrote Robert Lempert and Elisabeth Gilmore, co-authors on the IPCC’s report focused on mitigation.

“For example, renewable energy is now generally less expensive than fossil fuels, so a shift to clean energy can often save money,” they wrote. Electric vehicle costs are falling. Communities and infrastructure can be redesigned to better manage natural hazards such as wildfires and storms. Corporate climate risk disclosures can help investors better recognize the hazards and push those companies to build resilience and reduce their climate impact.

“The problem is that these solutions aren’t being deployed fast enough,” Lempert and Gilmore wrote. “In addition to pushback from industries, people’s fear of change has helped maintain the status quo.” Meeting the challenge, they said, starts with embracing innovation and change.

To see the original post, follow this link: https://theconversation.com/climate-damage-is-worsening-faster-than-expected-but-theres-still-reason-for-optimism-4-essential-reads-on-the-ipcc-report-202116

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Tags: accountability, Climate Change, corporate social reponsibility, corporate social responsibility, CSR, IPCC, responsible brands, sustainability, sustainable branding, sustainable brands
Categories : Climate Change

How the bottled water industry is masking the global water crisis

23 03 2023

Bottled water corporations exploit surface water and aquifers, buy water at a very low cost and sell it for 150 to 1,000 times more than the same unit of municipal tap water. Photo: Shutterstock

By Zeineb Bouhlel, Research Associate, Institute for Water, Environment and Health (UNU-INWEH), United Nations University and Vladimir Smakhtin, Former Director of the Institute for Water, Environment and Health (UNU-INWEH), United Nations University via The conversation • Reposted: March 23, 2023

Bottled water is one of the world’s most popular beverages, and its industry is making the most of it. Since the millennium, the world has advanced significantly towards the goal of safe water for all. In 2020, 74 per cent of humanity had access to safe water. This is 10 per cent more than two decades ago. But that still leaves two billion people without access to safe drinking water.

Meanwhile, bottled water corporations exploit surface water and aquifers — typically at very low cost — and sell it for 150 to 1,000 times more than the same unit of municipal tap water. The price is often justified by offering the product as an absolute safe alternative to tap water. But bottled water is not immune to all contamination, considering that it rarely faces the rigorous public health and environmental regulations that public utility tap water does.

In our recently published study, which studied 109 countries, it was concluded that the highly profitable and fast-growing bottled water industry is masking the failure of public systems to supply reliable drinking water for all.

The industry can undermine progress of safe-water projects, mostly in low- and middle-income countries, by distracting development efforts and redirecting attention to a less reliable, less affordable option.

Bottled water industry can disrupt SDGs

The fast-growing bottled water industry also impacts the UN’s Sustainable Development Goals (SDG) in many ways.

A pile of plastic bottle waste. — *The rising sales of global bottled water is contributing to plastic pollution on land and in the oceans. Photo: Shutterstock*

The latest UN University report revealed that the annual sales of the global bottled water market is expected to double to US$500 billion worldwide this decade. This can increase stress in water-depleted areas while contributing to plastic pollution on land and in the oceans.

Growing faster than any other in the food category worldwide, the bottled water market is biggest in the Global South, with the Asia-Pacific, Africa and Latin American and Caribbean regions accounting for 60 per cent of all sales.

But no region is on track to achieve universal access to safe water services, which is one of he SDG 2030 targets. In fact, the industry’s greatest impact seems to be its potential to stunt the progress of nations’ goals to provide its residents with equitable access to affordable drinking water.

Impact on vulnerable nations

In the Global North, bottled water is often perceived to be healthier and tastier than tap water. It is, therefore, more a luxury good than a necessity. Meanwhile, in the Global South, it is the lack or absence of reliable public water supply and water management infrastructure that drives bottled water markets.

Therefore, in many low- and middle-income countries, particularly in the Asia Pacific, rising consumption of bottled water can be seen as a proxy indicator of decades of governments’ failure to deliver on commitments to safe public water systems.

A group of people fill water in their drums from a truck carrying municipal water. — The rising consumption of bottled water in some countries can be seen as a proxy indicator of decades of governments’ failure to deliver on commitments to safe public water systems. Photo: Shutterstock

This further widens the global disparity between the billions of people who lack access to reliable water services and the others that enjoy water as a luxury.

In 2016, the annual financing required to achieve a safe drinking water supply throughout the world was estimated to cost US$114 billion, which amounts to less than half of today’s roughly US$270 billion global annual bottled water sales.

Regulating the bottled-water industry

Last year, the World Health Organization estimated that the current rate of progress needs to quadruple to meet the SDGs 2030 target. But this is a colossal challenge considering the competing financial priorities and the prevailing business-as-usual attitude in the water sector.

As the bottled water market grows, it is more important than ever to strengthen legislation that regulates the industry and its water quality standards. Such legislation can impact bottled water quality control, groundwater exploitation, land use, plastic waste management, carbon emissions, finance and transparency obligations, to mention a few.

Our report argues that, with global progress toward this target so far off-track, expansion of the bottled water market essentially works against making headway, or at least slows it down, adversely affecting investments and long-term public water infrastructure.

Some high-level initiatives, like an alliance of Global Investors for Sustainable Development, aim to scale up finance for the SDGs, including water-related ones.

Such initiatives offer the bottled water sector an opportunity to become an active player in this process and help accelerate progress toward reliable water supply, particularly in the Global South.

To see the original post, follow this link: https://theconversation.com/how-the-bottled-water-industry-is-masking-the-global-water-crisis-201756

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Tags: accountability, bottled water, corporate social reponsibility, corporate social responsibility, CSR, Global Investors for Sustainable Development, responsible brands, sustainability, sustainable branding, sustainable brands, Sustainable Development Goals, United Nations University, World Health Organization
Categories : Climate Change, social responsibility

Workforce Diversity Disclosures Hit An All-Time High

23 03 2023

Image credit: August de Richelieu/Pexels

By Mary Mazzoni from Triplepundit.com • Reposted: March 23 2023

As companies make bolder commitments to advance diversity, equity and inclusion (DEI), stakeholders are looking for more information to back up their claims. Shareholder resolutions related to racial equity more than doubled at U.S. companies last year, many focused specifically on convincing companies to publicly disclose diversity data about their workforces.

Likewise, the vast majority of the American public — 92 percent, according to 2022 polling from Just Capital — feel it’s important for companies to promote racial equity in the workplace. And they recognize data is an important tool to do it, with 76 percent of respondents to Just Capital’s survey agreeing that disclosing demographic data is an important step toward advancing racial equity.

While some corporate commitments related to racial equity have failed to fully materialize, the area of diversity disclosures in particular is one where companies are stepping up in a big way, with record levels of best-practice disclosure across the world’s largest public firms.

The state of corporate diversity disclosures

What’s often missed in conversations about diversity disclosures is that most large companies already track this information because they’re legally obligated to do so. All U.S. public companies with more than 100 employees are required to submit annual reports to the U.S. Equal Employment Opportunity Commission and Department of Labor that detail workforce data, including breakdowns by race and ethnicity, sex, and job categories.

These reports, known as EEO-1 reports, are kept confidential by government agencies unless companies choose to voluntarily disclose them — and more companies are going just that.

Nearly 75 percent of Russell 1,000 companies disclose some form of workforce diversity data, compared to 55 percent in 2021, according to tracking from Just Capital. Within that group, 34 percent of companies publicly disclosed their EEO-1 reports or similar intersectional data last year — a more than threefold increase from 11 percent a year earlier.

“Over the past year, companies across the Russell 1,000 have made great strides toward improving disclosure of racial and ethnic workforce demographic data,” Just Capital’s director of research insights, Matthew Nestler, and his team wrote in the report.

When Just Capital last gathered disclosure data in September 2021, nearly half of all Russell 1,000 companies made no diversity disclosures at all. By September of last year, that number had fallen to 28 percent, as more than 150 companies opted to newly disclose their diversity data.

companies making diversity disclosures about their workforce has increased rapidly since 2021 — (Click here to enlarge)

Importantly, many of these companies are skipping over the less granular disclosures, such as data about overall “non-white” or “minority” employees without racial and ethnic categories or job title breakdowns, and going right for publication of their EEO-1 reports.

Given increased stakeholder interest, it’s no surprise that companies taking the lead on diversity disclosures are reaping the benefits: Companies that published their EEO-1 or similar intersectional data outperformed those that didn’t by 7.9 percent over the trailing one-year period ending in 2022, according to a companion analysis from Just Capital.

“Publicly disclosing demographic data represents a critical initial step for companies looking to build more diverse workforces, as well as stronger returns,” Nestler and his team wrote in the report. “It holds corporate leaders to account on their DEI goals and signals commitment to advancing racial equity.”

The bottom line

This type of rapid change indicates that advocacy from investors and consumers is working: Business leaders are hearing their stakeholders loud at clear, at least within the context of diversity disclosures. And even as anti-woke crusaders erroneously blame DEI “distractions” for everything from the Ohio train derailment to the collapse of Silicon Valley Bank, companies don’t appear to be backing down.

“The story the report tells may not be a perfect one, but disclosure is a crucial first step in holding companies accountable to change,” Nestler and his team concluded. “From there, to ensure lasting progress on DEI, corporate leaders must ultimately go beyond demographic disclosure and measure and disclose the outcomes of their DEI efforts, including whether C-Suite compensation is tied to DEI-related progress, what resources are directed toward DEI efforts, how they drive impact in local communities, and more.”

Just Capital works to incentivize corporate behavior change on DEI issues through accountability initiatives like the Corporate Racial Equity Tracker and actionable guidance like the CEO Blueprint for Racial Equity. Other resources such as the business-led coalition CEO Action for Diversity and Inclusion, and its Actions Database of more than 1,900 insights, are also at hand to guide business leaders as they look to advance DEI within their workforces.

To see the original post, follow this link: https://www.triplepundit.com/story/2023/workforce-diversity-disclosures/769271

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Tags: accountability, corporate social reponsibility, corporate social responsibility, CSR, DEI, diversity, EEO-1 Reports, equity, ESG, inclusion, Just Capital, responsible brands, sustainability, sustainable branding, sustainable brands
Categories : ESG, sustainable brands

The Social Media Secret Behind Sustainable Consumer Behavior Change

22 03 2023

Image credit: Anna Nekrashevich/Pexels

By Mary Riddle from triple pundit.com • Reposted: March 22, 2023

A majority of consumers say they’re ready to change their lifestyles to help combat climate change, and more people than ever are seeking out information about sustainability on social media. A new study commissioned by Unilever shows that influencers have the biggest impact on consumers’ sustainability-related choices, ahead of documentaries, news articles and governmental campaigns. In fact, 83 percent of all consumers believe that TikTok and Instagram are helpful places to seek out information about sustainability, and 75 percent are more likely to add sustainable behaviors to their lifestyles after viewing social media content about sustainability.

Unilever also specifically examined the efficacy of different content styles in inspiring consumer behavior change around plastic use and food waste, comparing pragmatic and explanatory content with more optimistic and humorous posts.

While the study found that both styles were effective in spurring consumer behavior change, 69 percent of people who viewed the more pragmatic content went on to make lifestyle changes, versus 61 percent of those who watched the more optimistic, humorous content. Branded content was seen as equally engaging and authentic as unbranded content.

“People are finding it hard to make sustainable choices due to a lack of simple, immediate and trustworthy information. Our ambition is to continue to collaborate with our partners to improve the sustainability content produced by our brands and support the creators we work with” said Conny Braams, Unilever’s chief digital and commercial officer, in a statement.

Leveraging social media to drive consumer behavior change

Unilever partnered with Behavioral Insights Team and 10 sustainability influencers to develop content that aimed to persuade consumers to use less plastic and waste less food. Unilever then showed the content to 6,000 social media users in the U.K., U.S., and Canada.

Three out of four respondents said the content made them more likely to engage in the suggested sustainable behaviors, specifically reusing plastic, buying refillable products, and freezing and reusing leftover food. Also, 72 percent of participants supported companies selling them more sustainable products and services.

“This study is a world-first of its kind and the largest online, controlled trial to test the effect of different styles of social media content,” David Halpern, chief executive of the Behavioral Insights Team, said in a statement. “The behavior change potential of social media is clear, and the results show that there’s huge opportunity — providing fertile ground for further exploration in this space.” Over 75 percent of respondents said they support content creators encouraging their audiences to behave in more sustainable ways.

More social change is needed to avert climate catastrophe

Unilever’s study found that social media is an effective tool for sustainable consumer behavior change. However, today’s world of social media is more commonly used to increase spending habits and consumption levels, which are key barriers to fighting climate change.

To effectively use their platforms to drive sustainable behaviors, brands and influencers must encourage individual actions and social change. Unilever is leveraging the results from the new study to bolster its sustainability messaging.

“What we hear from consumers is that living sustainably is a constant, overwhelming effort and many feel ‘my act alone won’t count, anyway,’” Braams noted. However, armed with the results of the new study, Unilever is aiming to support content creators and improve their sustainability content to help drive better individual actions across their consumer base.

“Together, we are learning what is all likes and no action versus content that makes sustainable choices simple and preferred,” she said. Instead of contracting with influencers to encourage their viewers to buy and consume, companies can accelerate rates of individual change by communicating with their audiences simple ways to make better choices for the environment.

To see the original post, follow this link: https://www.triplepundit.com/story/2023/influencers-sustainable-consumer-behavior-change/769166

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Tags: accountability, Climate Cjange, corporate social reponsibility, corporate social responsibility, ESG, green marketing, responsible brands, sustainability, sustainable branding, sustainable brands, unilever
Categories : Climate Change, sustainability, sustainable branding, sustainable brands

PepsiCo’s chief sustainability officer: ‘Half of the world’s population will face water scarcity as soon as 2025. It’s time everyone does their part in addressing the global water crisis’

22 03 2023

By Jim Andrew, Executive Vice President, Chief Sustainability Officer for PepsiCo via Yahoo Finance • Reposted: March 22, 2023

Water is a fundamental human right. It is indispensable to every community, ecosystem, and economy around the world. Yet water insecurity has become one of the world’s greatest crises–and one that is overlooked, or even worse, ignored entirely.

Globally, more than 2 billion people lack access to safe drinking water and 4 billion people experience severe water scarcity at least one month a year–and many far more frequently than that.

Climate change and other factors are harming water supply and quality, and ecosystems are being degraded as a result. It’s projected that at current rates of consumption, there will be a 56% gap between global water supply and demand by 2030.

And while the private sector and other stakeholders have made progress in addressing the causes of this water stress, the truth is it’s not nearly enough.

We are at an inflection point, which makes the upcoming UN Water Conference–being held for the first time in nearly five decades–a critical moment to drive action. It represents a transformative opportunity to ignite unprecedented collaboration among governments, NGOs, and the private sector to address this growing global crisis.

At PepsiCo, as the second-largest food and beverage company in the world, we know the critical role that water plays in the food system. When it comes to addressing water issues, we use a watershed management approach that encompasses our entire value chain, including on farms, in manufacturing facilities, along our value chain and in local communities. Through PepsiCo Positive–a strategic, end-to-end transformation of our business–we have developed robust goals to support our ambition of being “net water positive” by 2030. The aim is that our presence and action should improve the local water resources where we operate.

For example, we have implemented new technologies and processes in three of our largest food plants in Latin America that have taken us off the water grid, enabling us to make popular snacks like Lay’s, Doritos, and Cheetos without drawing anyfreshwater from local watersheds.

At our Vallejo facility in Mexico City, we source water from our manufacturing processes and other food companies in the area, purify it in house, and reuse the water in our operations. In Funza, Colombia, we treat and reuse our own processed water and capture rainwater for use in our facility. Both sites have operated using zero freshwater, with no burden on local municipalities, for approximately 250 days and counting since 2022, while our plant in Itu, Brazil, has yielded more than 100 days of using zero freshwater through similar approaches.

While operational efficiency is important for our business and water stewardship, it alone does not solve the larger problem. It’s critical that companies like PepsiCo continue to expand efforts beyond the walls of our facilities to protect and restore watersheds, while also ensuring that communities around the world have reliable access to safe, clean water.

In 2021 alone, our projects helped restore 6.1 billion liters of water back into local watersheds through replenishment partnerships with conservation organizations such as The Nature Conservancy and the World Wildlife Fund. And, over the last 15 years, PepsiCo and the PepsiCo Foundation have helped more than 80 million people access safe water. We’re aiming to reach 100 million people by 2030.

Fortunately, many companies have set ambitious water goals and are taking action. There are thousands of individual projects around the globe working to tackle water stress, but presently there are few opportunities for the private sector, NGOs, and governments to work together and pool the necessary resources to address this crisis at scale. We’re proud to be part of the CEO Water Mandate, for example, but such coalitions are few and far between.

We believe the only way to address the global water crisis is to get all stakeholders engaged and, through collective action, work towards a common goal of dramatically and urgently improving water conservation and governance, while ensuring that all people have access to safe, clean water. We need more open-source sharing of ideas and best practices. We need technological innovations and to rethink how we approach partnerships. We need collaboration among all stakeholders in impacted watersheds, advocating for solutions that drive fairness and address the specific needs of that locality. Only then will we drive the investment and scale that results in the level of change we need.

We are actively participating in the UN Water Conference and related events to share what we’ve learned and to learn from others, and to help inspire bolder collective action.

Half of the global population could face water scarcity challenges by 2025, according to UNICEF. We don’t have the luxury of time.

Jim Andrew is Executive Vice President, Chief Sustainability Officer for PepsiCo.

To see the orignal post, follow this link: https://finance.yahoo.com/news/pepsico-chief-sustainability-officer-half-155400982.html

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Tags: accountability, corporate social reponsibility, corporate social responsibility, Nature Conservacy, PepsiCo, responsible brands, Safe Drinking Water, sustainability, sustainable branding, sustainable brands, UN Water Conference, UNICEF, World Wildlife Fund
Categories : Climate Change, ESG

‘More precious than gold’

21 03 2023

Photo: Candace Maracle/CBC

Canada’s Haudenosaunee say inconsistent weather is proving to be a sticky situation for maple syrup season. By Candace Maracle from CBC News • Reposted: March 231, 2023

The ideal temperature for maple sap to run is when temperatures fall below 0 C at night and rise above zero during the day.

It’s something Tehahenteh Miller grew up knowing about collecting sap to make maple syrup. Miller, who is Kanien’kehá:ka (Mohawk) and lives in Six Nations, Ont., has been tapping his trees for over a decade.

“If the sun shines, it increases the volume considerably and it’s usually the sunny side that we tap,” said Miller.

*Maple trees tapped on Six Nations. Photo: Candace Maracle/CBC*

Miller said he has seen changes in the last four or five years. Warmer winter weather followed by cold snaps impedes the maples’ sap flow.

“You look around and you can see a lot of the tops of the trees are dying,” he said.

Miller said that Haudenosaunee teachings predict that once the maple tree starts dying from the top, any conservation effort may be too late to turn things around. He hasn’t tapped his trees for the past three years “to give his trees a rest” from the stress climate change has put on them.

*A full bucket of maple sap. Photo: Candace Maracle/CBC*

*Sap is used in Haundenosaunee ceremony to honour the maple trees. Photo: Candace Maracle/CBC*

*Tim Johnson collects sap from buckets twice a day during the season when sap is running. Photo: Candace Maracle/CBC*

Dawn Martin-Hill, an associate professor in the Department of Anthropology at McMaster University, has researched how climate change is affecting Six Nations. She’s one of the co-authors of a 2021 report in Climate Services on observed and projected trends of climate change in Six Nations.

“What the climate change study showed here was that Six Nations was going to experience drought, flood, cycles of instability and that will impact the ability for the trees to run sap for the length that they used to,” she said.

Martin-Hill said Haudenosaunee have always understood the inter-connectedness of life.

“Our people don’t have to change a single story that we have in order to adjust to what modern science is beginning to find out and understand,” she said.

*Sap drips from a newly drilled tap. Photo: Candace Maracle/CBC)*

The sap that is collected from the maple tree is used in ceremony to honour the opening of the maple trees – the time of year when sap runs and can be collected to make syrup.

Origin of maple syrup

Miller said, according to Haudenosaunee teachings, after a harsh winter a Haudenosaunee village was on the verge of starvation when a young man went into the forest and sat by a tree, thinking of a solution. He noticed a squirrel climb a maple tree and lick the water droplets from a broken branch.He fashioned a small bowl from bark to collect sap where it was leaking from the broken branch. After being left out in the sun, the sap began to evaporate, making it extra sweet.

The young man drank the water and determining it was safe to consume, he told the others in the village. The maple sap nourished them and got them through winter without starving.After that, it was decided the maple tree would be honoured every year for this gift.

The Mohawk Longhouse in Six Nations held a ceremony to open the maple trees last week.

Family tradition

Maple sap must be boiled for hours to make syrup.

Mel Squire and her husband, Angus Goodleaf, collect sap on their property in Six Nations.

This is her second year tapping trees after learning from her family who have been doing it for generations.

“I think just getting older and reflecting back on my childhood and watching my grandfather do it … inspired me to get into doing it myself,” she said.

*Angus Goodleaf boils sap for maple syrup. Photo: Mel Squire*

They check their 20 taps daily to see how much sap has accumulated in buckets. The sap can only be stored for a few days before it must be boiled for hours.

“Forty gallons of sap gave us one gallon [of syrup],” said Squire.

“We can’t sell it. I don’t even know what I’d price it at. It’s more precious than gold at this point. So, it’s quite priceless.”

Of the Haudenosaunee tradition of tapping maple trees each spring, Miller said, “We owe [the trees] a responsibility to not just acknowledge them, but to be participatory. We’re actually practising our culture, reinforcing our culture by doing that. That’s part of our culture and it needs to be kept alive.”

*The finished product. Photo: Mel Squire*

To see the original post, follow this link: https://www.cbc.ca/newsinteractives/features/more-precious-than-gold

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Tags: Climate Change, corporate social responsibility, CSR, Haudenosaunee, Maple Syrup, Six Nations, sustainability, sustainable brands
Categories : Climate Change

IPCC report: Climate solutions exist, but humanity has to break from the status quo and embrace innovation

21 03 2023

Image: Fotograf Sune Tølløse –

By Robert Lempert, Professor of Policy Analysis, Pardee RAND Graduate School and Elisabeth Gilmore, Associate Professor of Climate Change, Technology and Policy, Carleton University via The Conversation * Reposted: March 21, 2023

It’s easy to feel pessimistic when scientists around the world are warning that climate change has advanced so far, it’s now inevitable that societies will either transform themselves or be transformed. But as two of the authors of a recent international climate report, we also see reason for optimism.

The latest reports from the Intergovernmental Panel on Climate Change, including the synthesis report released March 20, 2023, discuss changes ahead, but they also describe how existing solutions can reduce greenhouse gas emissions and help people adjust to impacts of climate change that can’t be avoided.

The problem is that these solutions aren’t being deployed fast enough. In addition to pushback from industries, people’s fear of change has helped maintain the status quo.

To slow climate change and adapt to the damage already underway, the world will have to shift how it generates and uses energy, transports people and goods, designs buildings and grows food. That starts with embracing innovation and change.

Fear of change can lead to worsening change

From the industrial revolution to the rise of social media, societies have undergone fundamental changes in how people live and understand their place in the world.

Some transformations are widely regarded as bad, including many of those connected to climate change. For example, about half the world’s coral reef ecosystems have died because of increasing heat and acidity in the oceans. Island nations like Kiribati and coastal communities, including in Louisiana and Alaska, are losing land into rising seas.Residents of the Pacific island nation of Kiribati describe the changes they’re experiencing as sea level rises.

Other transformations have had both good and bad effects. The industrial revolution vastly raised standards of living for many people, but it spawned inequality, social disruption and environmental destruction.

People often resist transformation because their fear of losing what they have is more powerful than knowing they might gain something better. Wanting to retain things as they are – known as status quo bias – explains all sorts of individual decisions, from sticking with incumbent politicians to not enrolling in retirement or health plans even when the alternatives may be rationally better.

This effect may be even more pronounced for larger changes. In the past, delaying inevitable change has led to transformations that are unnecessarily harsh, such as the collapse of some 13th-century civilizations in what is now the U.S. Southwest. As more people experience the harms of climate change firsthand, they may begin to realize that transformation is inevitable and embrace new solutions.

A mix of good and bad

The IPCC reports make clear that the future inevitably involves more and larger climate-related transformations. The question is what the mix of good and bad will be in those transformations.

If countries allow greenhouse gas emissions to continue at a high rate and communities adapt only incrementally to the resulting climate change, the transformations will be mostly forced and mostly bad.

For example, a riverside town might raise its levees as spring flooding worsens. At some point, as the scale of flooding increases, such adaptation hits its limits. The levees necessary to hold back the water may become too expensive or so intrusive that they undermine any benefit of living near the river. The community may wither away.

A person in a boat checks the river side of sandbag levee protecting a community during a flood. — *Riverside communities often scramble to raise levees during floods, like this one in Louisiana. Photo: Scott Olson/Getty Images*

The riverside community could also take a more deliberate and anticipatory approach to transformation. It might shift to higher ground, turn its riverfront into parkland while developing affordable housing for people who are displaced by the project, and collaborate with upstream communities to expand landscapes that capture floodwaters. Simultaneously, the community can shift to renewable energy and electrified transportation to help slow global warming.

Optimism resides in deliberate action

The IPCC reports include numerous examples that can help steer such positive transformation.

For example, renewable energy is now generally less expensive than fossil fuels, so a shift to clean energy can often save money. Communities can also be redesigned to better survive natural hazards through steps such as maintaining natural wildfire breaks and building homes to be less susceptible to burning.

Charts showing falling costs and rising adoption of clean energy. — Costs are falling for key forms of renewable energy and electric vehicle batteries. IPCC sixth assessment report

Land use and the design of infrastructure, such as roads and bridges, can be based on forward-looking climate information. Insurance pricing and corporate climate risk disclosures can help the public recognize hazards in the products they buy and companies they support as investors.

No one group can enact these changes alone. Everyone must be involved, including governments that can mandate and incentivize changes, businesses that often control decisions about greenhouse gas emissions, and citizens who can turn up the pressure on both.

Transformation is inevitable

Efforts to both adapt to and mitigate climate change have advanced substantially in the last five years, but not fast enough to prevent the transformations already underway.

Doing more to disrupt the status quo with proven solutions can help smooth these transformations and create a better future in the process.

To see the original post, follow this link: https://theconversation.com/ipcc-report-climate-solutions-exist-but-humanity-has-to-break-from-the-status-quo-and-embrace-innovation-202134

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Tags: Climate Change, corporate social reponsibility, corporate social responsibility, CSR, Interogvernmental Panel on Climate Change, IPCCd, marketing, responsible brands, sustainability, sustainable branding, sustainable brands
Categories : Climate Change, reputation management, responsible brands, social responsibility, sustainability, sustainable branding, sustainable brands

It’s mid-March and the Great Lakes are virtually ice-free. That’s a problem.

19 03 2023

By Caitlin Looby from the Akron Beacon Journal • Reposted: March 19, 2023

It’s the middle of March and the Great Lakes are virtually ice-free.

Ice has been far below average this year, with only 7% of the lakes covered as of last Monday — and no ice at all on Lake Erie. Lake Erie’s average ice coverage for this time of year is 40%, based on measurements over the past half-century. The lake typically freezes over the quickest and has the most ice cover because it’s the shallowest of the five Great Lakes.

But communities along Ohio’s north coast, including Cleveland, Sandusky and Port Clinton, have seen considerably less ice forming on Lake Erie in recent years.

According to the National Oceanic and Atmospheric Administration’s Great Lakes Environmental Research Laboratory, Lake Erie’s ice coverage peaked in early February at 40%, a nearly 20% decrease from the historical average.

Seagulls sit on the thin ice along the shore of Lake Erie in Michigan's Monroe County in March 2022.

No ice isn’t a good thing for the lakes’ ecosystem. It can even stir up dangerous waves and lake-effect snowstorms. So, what happens when the lakes are ice-free? What does it mean for the lakes’ food web? Is climate change to blame?

Little ice cover can be disastrous

This winter has already proved how dangerous lake-effect snow can be.

At the end of November, more than 6 feet of snow fell on Buffalo, New York, which sits on the shores of Lake Erie. A few weeks later on Dec. 23, more than 4 feet of snow covered the city and surrounding areas once again. The storm resulted in 44 deaths in Erie and Niagara counties, which sit on Lakes Erie and Ontario, respectively.

Cleveland and Sandusky reside on the shores of Lake Erie as well. The 2022 storm that swept the region on Dec. 23 dropped relatively little snow, only about 2-4 inches, but created dangerous conditions nonetheless.

In some places in Northeast Ohio, temperatures dropped from nearly 40 degrees to zero and below. Wind chills fueled by hurricane-force winds dragged the temperature even lower to minus 30 or even 35 below zero. This storm was the first time in almost a decade that the Cleveland Weather Forecast Office issued a blizzard warning.
A 46-vehicle pileup on the Ohio Turnpike near Sandusky claimed four lives.

A 46-vehicle pileup killed four people injured many others on the Ohio Turnpike during a winter storm with whiteout conditions Dec. 23.

During stormy winter months, ice cover tempers waves. When there is low ice cover, waves can be much larger, leading to lakeshore flooding and erosion. That happened in January 2020 along Lake Michigan’s southwestern shoreline. Record high lake levels mixed with winds whipped up 15-foot waves that flooded shorelines, leading Gov. Tony Evers to declare a state of emergency for Milwaukee, Racine and Kenosha counties.

And while less ice may seem like a good thing for the lakes’ shipping industry, those waves can create dangerous conditions.

The Great Lakes are losing ice with climate change

The Great Lakes have been losing ice for the past five decades, a trend that scientists say will likely continue.

Of the last 25 years, 64% had below-average ice, said Michael Notaro, the director of the Center on Climatic Research at the University of Wisconsin-Madison. The steepest declines have been in the north, including Lake Superior, northern Lake Michigan and Huron, and in nearshore areas.

But this also comes with a lot of ups and downs, largely because warming is causing the jet stream to “meander,” said Ayumi Fujisaki Manome, a scientist at the Cooperative Institute for Great Lakes Research at the University of Michigan who models ice cover and hazardous weather across the lakes.

There is a lot of year-to-year variability with ice cover spiking in years like 2014, 2015 and 2019 where the lakes were almost completely iced over.

Ice fishermen stay close to shore off of Bay Shore Park in New Franken, Wisconsin, in January, which saw relatively little ice cover on the Great Lakes.

No ice makes waves in the lakes’ ecosystems

A downturn in ice coverage due to climate change will likely have cascading effects on the lakes’ ecosystems.

Lake whitefish, a mainstay in the lakes’ fishing industry and an important food source for other fish like walleye, are one of the many Great Lakes fish that will be affected, said Ed Rutherford, a fishery biologist who also works at the Great Lakes Environmental Research Laboratory.

Lake whitefish spawn in the fall in nearshore areas, leaving the eggs to incubate over the winter months. When ice isn’t there, strong winds and waves can stir up the sediment, reducing the number of fish that are hatched in the spring, Rutherford said.

A walleye caught during a fishing trip in Lake Erie near Marblehead, Ohio.

Walleye and yellow perch also need extended winters, he said. If they don’t get enough time to overwinter in cold water, their eggs will be a lot smaller, making it harder for them to survive.

Even so, the Ohio Department of Natural Resources Division of Wildlife released a report stating that Lake Erie’s 2022 walleye and yellow perch populations in the central and western basins are above average. Yellow perch hatches in the central basin are below average, however.

Declining ice cover on the lakes is also delaying the southward migration of dabbling ducks, a group of ducks that include mallards, out of the Great Lakes in the fall and winter, Notaro said. And if the ducks spend more time in the region it will increase the foraging pressure on inland wetlands.

Warming lakes and a loss of ice cover over time also will be coupled with more extreme rainfall, likely inciting more harmful algae blooms, said Notaro. These blooms largely form from agricultural runoff, creating thick, green mats on the lake surface that can be toxic to humans and pets.

In this 2017 photo, a catfish appears on the shoreline in the algae-filled waters of Lake Erie in Toledo.

Lakes Erie and Michigan are plagued with these blooms every summer. And now, blooms cropping up in Lake Superior for the first time are raising alarm.

“Even deep, cold Lake Superior has been experiencing significant algae blooms since 2018, which is quite atypical,” Notaro said.

More: Blue-green algae blooms, once unheard of in Lake Superior, are a sign that ‘things are changing’ experts say

There is still a big question mark on the extent of the changes that will happen to the lakes’ ecosystem and food web as ice cover continues to decline. That’s because scientists can’t get out and sample the lakes in the harsh winter months.

“Unless we can keep climate change in check … it will have changes that we anticipate and others that we don’t know about yet,” Rutherford said.

Caitlin Looby is a Report for America corps member who writes about the environment and the Great Lakes. Reach her at clooby@gannett.com or follow her on Twitter @caitlooby. Beacon Journal reporter Derek Kreider contributed to this article.

To see the original post, follow this link: https://www.beaconjournal.com/story/news/2023/03/19/lack-of-ice-upends-great-lakes-food-web-incites-algae-blooms/70005026007/

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Tags: Climate Change, corporate social reponsibility, corporate social responsibility, CSR, Great Lakes, green marketing, NOAA, responsible brands, sustainability, sustainable branding, sustainable brands
Categories : Climate Change

Disaster survivors need help remaining connected with friends and families – and access to mental health care

19 03 2023

Hatay, Turkey, was hit hard by the February 2023 earthquakes. Ugur Yildirim/dia images via Getty Images

By Daniel P. Aldrich, Professor of Political Science, Public Policy and Urban Affairs and Director, Security and Resilience Program, Northeastern University and Yunus Emre Tapan, Ph.D. Student in Political Science, Northeastern University via The Conversation * Reposted: March 19, 2023

The earthquakes that struck southeastern Turkey and northern Syria in early February 2023 have killed at least 47,000 people and disrupted everyday life for some 26 million more.

Survivors of big disasters like these earthquakes – among the worst in the region’s history – certainly need food, water, medications, blankets and other goods. But they also need psychological first aid – that is, immediate mental health counseling along with support that strengthens their connections with their friends, relatives and decision-makers.

As scholars who study how disaster survivors benefit from preserving connections to people in their networks, we know that these social ties help with the recovery from traumatic events that cause significant upheaval.

But often in the rush to keep survivors fed, warm and housed, we’ve observed that the flow of support that focuses on meeting their psychological needs falls short of what’s needed.

Emergency response underway

The Turkish government agency responsible for disaster management – the AFAD – focuses strongly on the delivery of tents, medical care and physical aid. And the few nongovernmental organizations providing mental health care, such as the Maya Foundation and Turkish Psychological Association, have received less than 10% of the donations channeled through the Turkey Earthquake Relief Fund.

Many international aid groups, private companies and NGOs have launched campaigns to support search and rescue operations and response and recovery through disaster diplomacy. The United Nations invited its member states to raise US$1 billion to support aid operations. The U.S. is providing more than $100 million in aid.

All this assistance is funding emergency response efforts and humanitarian aid that largely consists of food, medicine and shelter in the area.

The Turkish government has announced it will begin building 30,000 homes in quake-hit areas in March and will give cash aid to those affected.

Psychological aspects of disasters

Research conducted after a wide variety of catastrophes has shown that mental health problems become more common after these events. Many survivors experience anxiety, depression and post-traumatic stress disorder because of everything they have been through.

One reason for this is that disasters can cut people off from their routines and sever access to the sources of emotional support they previously relied on. Often moved to emergency shelters, and away from their doctors, neighbors and friends, survivors – especially those without strong networks – regularly experience poor mental health.

Further, when there are many casualties after major disasters of any kind, families may have lost loved ones and still not have a gravesite at which they can mourn. Within seven weeks of Hurricane Katrina in 2005, for example, nearly half of the residents of New Orleans surveyed by the Centers for Disease Control and Prevention had PTSD symptoms.

An important lesson we’ve drawn from researching what occurs after disasters is that robust social networks can soften some of the blows from these shocks. Even after someone loses a home and a sense of normalcy, staying in close touch with family and friends can minimize some of the sense of loss.

People who are pushed out of their routines but manage to remain connected to their neighbors – who are often going through the same ordeal – tend to have lower levels of PTSD and anxiety. Their friends and relatives can provide emotional support, help them stay informed, and encourage the use of mental health treatment and outside help when it’s needed.

One of us participated in a research team that surveyed nearly 600 residents of a town located near the Fukushima Daiichi power plant after the nuclear meltdowns in March 2011. More than one-fourth of these survivors of the catastrophe had PTSD symptoms. Those with strong social networks, however, generally had fewer mental health problems than other survivors with weaker connections to their friends and loved ones.

Another study of Japan’s Great Eastern Earthquake and tsunami in 2011 that one of us took part in showed that survivors of that disaster with stronger social ties recovered more rapidly and completely following a disaster.

People dressed for winter gather in a semi-outdoor space. — *Syrians gather in Aleppo, in a building damaged by the February 2023 earthquake. Louai Beshara/AFP via Getty Images*

4 strategies that can help

In our view, relief organizations that operate in Turkey and Syria and government aid agencies need to focus and spend more on mental health priorities. Here are four good ways to accomplish this:

Include psychologists, therapists, social workers and other mental health professionals in the mix of aid workers who arrive immediately after disasters to begin group and individual therapy.
Ensure that local faith-based organizations and spiritual leaders play key roles in the recovery process.
Get as many public spaces, such as cafes, libraries and other gathering spots as possible, up and running again. Even virtual get-togethers using Zoom or similar software can help maintain connections with displaced friends and loved ones – as long as survivors have working cellphone service, at a minimum.
Disaster recovery efforts should make communications technology a high priority. In addition to spending on food, tents, blankets, cots and medical supplies, we recommend that basic disaster aid should include access to free phone calls and Wi-Fi so that people whose lives have been upended can stay in contact with far-flung friends and loved ones.

Given the likelihood of more large-scale disasters in the future, we believe that it’s essential that relief efforts emphasize work that will strengthen the mental health and social networks of survivors.

To see the original post, follow this link: https://theconversation.com/disaster-survivors-need-help-remaining-connected-with-friends-and-families-and-access-to-mental-health-care-200247

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Tags: corporate social responsibility, CSR, Disaster Survivors, ESG, Mental Health, PTSD, responsible brands, sustainability, sustainable branding, sustainable brands, Turkey Earthquake, United Nations
Categories : ESG, responsible brands, sustainable branding

Stop the siloes: How a successful sustainability strategy involves the whole business

19 03 2023

For edie’s Business Leadership Month, Peter Bragg, EMEA sustainability & government affairs director at Canon, looks at how sustainability can be taken out of its silo to the benefit of the whole business. From edie’s.com • Reposted: March 19, 2023

It’s no longer news that sustainability is at the forefront of everyone’s minds. Consumers and companies alike are prioritising the planet by adopting more sustainable shopping habits and making more commitments to improve credentials, with 87% of business leaders planning to increase sustainability strategy investment over the next two years. While it’s great to see so many companies prioritising sustainability initiatives within their business model, there still remains a large number of business leaders who are struggling with the implementation of effective, large-scale sustainability strategies.

Many companies are establishing sustainability-focused departments, or specific roles, to help address these issues, however, by creating these silos, businesses are hindering the widespread adoption of sustainable practices that are needed to make a difference. Instead, businesses need to make sure every department, team and individual are taking an active part in delivering sustainability goals. Only then will sustainability strategies deliver the impactful and purposeful results needed.

Adopt a corporate philosophy

‘Sustainability’ in itself is an umbrella term that incorporates many different focus areas and methods for making the world a better place. For businesses setting a sustainability strategy, it can be easy to get lost in the generalisations, however every organisation should have a different idea of what sustainability means, because different businesses impact the planet in different ways.

Whether it’s working towards a greener supply chain or focusing also on social responsibility, it’s important for businesses to identify key areas they can improve to better the planet and establish clear goals to unify under. For Canon, we’ve adopted the corporate philosophy of Kyosei, meaning ‘living and working together for the common good’. This has provided a base from which we can launch specific initiatives aimed at both reducing our environmental impact and growing our social impact, while ensuring we are responsible and compliant with our products.

Expand efforts in-house

For better practices to be adopted by all departments in a business, it is key to both engage and educate the team. Building sustainability into the business model means ensuring all departments and business units are engaged and responsible for initiatives in their particular market. Aligning different people from across the business has been made easier with virtual communication, and setting up channels and regular check-ins is a great way to keep teams on track. It also proves incredibly useful to learn from teams in different markets, to understand what initiatives have worked, or haven’t, and use that feedback to inform strategies.

At Canon, we facilitate this open communication by working with our multidisciplinary steerco, where all functions of the business are connected and engaged. Setting up leadership working groups like this to apply practices and policies to individual departments ensures that everyone is aware of the role they have to play.

Partnerships broaden efforts

Just as many different areas of a business are needed to implement sustainability strategies, partnerships with other organisations can be a way of reaching all areas of the business. This can be by ensuring sustainability along a supply chain by only partnering with other responsible businesses, as well as broadening practices through proactive joint campaigns.

At Canon, we’ve developed a partnership with the UN SDG Action Team, and our Young People Programme (YPP) works with local NGOs including the Red Cross and Plan International to empower the next generation to make their voice heard on sustainability issues important to them. These particular partnerships have elevated our efforts in the social purpose side of sustainability, which works in addition to our focus on reducing our environmental impact.

Align with an existing framework

Thinking about the bigger picture in terms of sustainable goals can create difficulties for organisations wanting to coordinate approaches throughout the business – especially if they operate in different markets. Using existing framework is a good way to align teams and speed up the activation of these strategies.

The UN Sustainable Development Goals (SDGs) provide a framework for coordinating action across a wide range of topics, keeping businesses in line to achieve goals by 2030. If these goals are included in sustainability and business strategies, they can unite different areas of the business and support a culture that recognises the importance of prioritising sustainability. The UN Global Compact published The SDG Compass to assist companies in aligning the Goals with their strategies.

Conclusion

Creating and implementing an effective sustainability strategy for your business, therefore, requires four key aspects: a clear and relevant sustainability goal, effective communication and engagement from across teams, appropriate partnerships to broaden sustainability practises and useful frameworks to align different teams under. The key theme here is collaboration, and by breaking down the silos, we can make sustainability a company-wide mission rather than a challenge reserved for business leaders alone. Only then can we start to make real change happen.

To see the original post, follow this link: https://www.edie.net/stop-the-siloes-how-a-successful-sustainability-strategy-involves-the-whole-business/

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Tags: accountability, Canon, corporate social reponsibility, corporate social responsibility, CSR, ESG, responsible brands, sustainability, sustainable branding, sustainable brands
Categories : corporate social responsibility, ESG

De-Influencing: How social media stars are encouraging responsible consumerism

18 03 2023

Image: Dazed

By Stephanie Bertini from Fox 5 New York • Reposted: March 18, 2023

Influencers on social media have long been known for pushing products and promoting brands for cash or perks. However, a new trend is emerging on social media, with the hashtag “de-influencing” gaining popularity.

The de-influencing movement is all about discouraging purchases, and it’s gaining traction among social media influencers. In part, the conversation is around a rejection of overconsumption.

“It’s become another part of influencing,” says brand collaborator coach Kahlea Nicole Wade. She has taken to social media to post about de-influencing to her followers.

Wade has been vocal about de-influencing on her platform. She believes that telling someone not to buy something is the same as telling them to buy it, as it’s still a form of influencing.

Under this new trend, some influencers are advocating for their followers to swap expensive products for less expensive alternatives. By doing so, they are encouraging a cheaper purchase while still promoting products that align with their values.

According to social media expert Ruby Kristen, there are several factors contributing to the de-influencing trend. Firstly, the economy is a significant factor. With financial uncertainty on the rise, people are being more cautious with their spending.

Secondly, people are starting to question whether the products they’re buying are worth the money.

Lastly, transparency is becoming increasingly important to social media users, and they’re demanding more accountability from influencers.

The de-influencing movement is an interesting departure from the traditional influencer model. As influencers continue to encourage their followers to make more conscious and responsible purchases, it will be interesting to see how brands respond and whether this trend will continue to gain momentum.

To see the original post, follow this link: https://www.fox5ny.com/news/de-influencing-how-social-media-stars-are-encouraging-responsible-consumerism

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Tags: accountability, corporate social reponsibility, corporate social responsibility, CSR, deinfluencing, green marketing, responsible brands, social meda, sustainability, sustainable branding, sustainable brands
Categories : ESG

Why sustainability must play a major role in your boardroom today — and tomorrow

18 03 2023

We need to shape the boardrooms of the future by choice, not by chance. By Helle Bank Jorgensen from Greenbiz.con * Reposted: March 18, 2023

Image via Shutterstock/EtiAmmos

Sometimes, if you are like me, it is hard to look at the news or social media in the morning. The war in Ukraine, climate change, the tridemic, disappearing biodiversity, a worldwide cost of living crisis, famines and, oh, did I mention climate change?

Our world faces an unprecedented and barely credible list of monumental challenges. This is a time when we need courage and leadership to steer us all through these toughest of times and into the sunlit uplands.

According to the 2023 Edelman Trust Barometer, businesses are trusted more than NGOs, governments and media to provide that steady hand at the economic tiller. So that means current and future board directors and senior corporate executives must provide much of that bravery and direction for the world. But to do that, we need to shape their boardrooms of the future by choice, not by chance.

Sustainability will play an important role in this boardroom transition. It also formed the theme of “Sustainability in the Future Boardroom,” a tremendous panel session that I thoroughly enjoyed being part of at the recent GreenBiz 23 event in Scottsdale, Arizona. Joining me were Michael Levine, vice president and managing counsel, sustainability, Under Armour; and Mary Francia, partner, H.I. Executive Consulting (who is also part of the advisory board at Competent Boards).

The Future Boardroom initiative, which aims to bring business leaders together from around the world to shape a much-needed transformation at company leadership tables, provoked vigorous discussions at the World Economic Forum annual meeting in Davos, Switzerland, in January, and caused the same effect in Scottsdale. Here are 10 key takeaways from our panel session:

It is vitally important that governance is embedded into business and board functions so that sustainability work is not just a project or passing fad that disappears with the arrival of a new CEO.
There are increasing regulatory and reputational risks and consequences for companies and their boards around sustainability and environmental impact. As a result, board directors and senior business leaders must ensure that they have reasonable systems and controls in place to enable oversight and mitigate risks.
The board’s oversight of the management team is crucial for how sustainability is integrated and brought to life in companies. Board directors need to understand the concept of sustainability to be able to provide effective oversight. To promote true sustainable change, leaders should avoid a compliance mentality, only doing the minimum necessary to be in good order. Instead, they should look to take their companies above and beyond the regulations. For that to be successful, the education process requires continuous learning, feedback and open, regular communications with stakeholders.
Companies should also be aware of legal developments in different jurisdictions and take immediate steps to mitigate risks. For example, in November, Belgium added ecocide — “unlawful or wanton acts committed with knowledge that there is a substantial likelihood of severe and either widespread or long-term damage to the environment being caused by those acts” — to its penal code.
Board assessments can help to evaluate the skills and competencies needed in a future boardroom and identify strategic challenges and opportunities. These assessments can also help identify board members who may need to resign or change their skill sets in order to continue providing value to the company.
Education will play a major role in the transition to a future boardroom. Investors are increasingly zeroing in on directors’ knowledge of sustainability issues and may not vote for those who lack insights and knowledge. Therefore, it is vital to have well-informed board members with sustainability knowledge and skills. Current and future board directors should keep learning by having the courage to take on different roles within the company to gain further experience and knowledge.
Companies must have competent and conscious individuals serving on committees overseeing sustainability, ESG and climate issues. If board members can proactively rather than reactively address ESG factors, that will also be a major asset for companies in terms of outpacing competitors and creating renewed value.
ESG is not just about climate risks; it also presents opportunities for companies to create value and sustainability over time. It is essential for companies to ask the right questions and have a team that can provide a view of what the company’s portfolio should look like in the future: what needs to be removed, and what needs to be added.
Boards need to have a better understanding of operations and sustainability to be able to maximize opportunities and minimize risks. Sustainability should not just be a check-mark exercise, but rather should be embedded into different business functions and processes, including supply chains and value chains.
Being a board director is not just about dealing with short-term financial goals, but also about being a steward of the company’s finances, its employees and its impact on society and the environment. In order to add sustainability expertise to a board, that individual must understand what the board is looking for, be able to think strategically and understand corporate governance.

We also asked the GreenBiz 23 audience a series of poll questions, with really interesting results from almost 300 responses:

How important is sustainability knowledge as a key consideration in the selection of new board members?

Not important = 13 percent
Important = 32 percent
Very important = 49 percent
Unsure = 7 percent

What drives sustainable change in the boardroom?

Investor demand = 56 percent
Customer demand = 17 percent
Employee demand = 1 percent
Regulations = 26 percent

How does ‘today’s’ boardroom get insight to provide oversight on ESG?

Ask the CSO to join meetings = 32 percent
Pursue ESG training = 15 percent
Appoint BoDs with skill set = 36 percent
Unsure = 17 percent

Do you see new competencies (climate, biodiversity, DEI, human rights, cybersecurity, etc.) as necessary for The Future Boardroom?

Yes = 90 percent
No = 5 percent
Maybe = 5 percent

Will proactive addressing of ESG factors by board members be an asset for a company to outpace competition and add value creation?

Yes = 86 percent
No = 0 percent
Maybe = 14 percent

From the results, it is clear that confusion remains over the best sources of sustainability information for board directors, with appointing people with skill sets (36 percent) and asking the CSO to join meetings (32 percent) closely matched. Almost 1 in 5 respondents were unsure, showing that there are many opportunities for better education here.

On the plus side, the majority of our respondents (81 percent) do see sustainability knowledge as important or very important for future board members. And new competencies to meet the challenges ahead are must-haves.

The discussion around boardroom transitions is only just getting started. Download the Future Boardroom white paper to learn more about why sustainability plays a key role in shaping future boardrooms.

To see the original post, follow this link: https://www.greenbiz.com/article/why-sustainability-must-play-major-role-your-boardroom-today-and-tomorrow

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Tags: accountability, corporate social reponsibility, corporate social responsibility, CSR, responsible brands, sustainability, sustainable branding, sustainable brands
Categories : ESG

This, Not That: More Consumers Are Switching Brands Based on Sustainability

18 03 2023

Image credit: Gustavo Fring/Pexels

By MARY RIDDLE FROM TRIPLEPUNDIT.COM • Reposted: March 18, 2023

We know shoppers are increasingly interested in more sustainable products, and new research indicates many are ready to leave their standby brands behind. Half of all U.S. consumers, including 70 percent of millennials, have changed food and grocery brands based on environmental, social and governance (ESG) considerations, according to new polling.

For its latest sustainability benchmark report, the research technology company Glow surveyed 33,000 U.S. adults to get their take on the ESG performance of more than 150 food and grocery brands. Across the board, consumers report changing their spending habits to better align with their personal values — and forward-looking brands are reaping the benefits. Almost 90 percent of respondents believe it’s important for businesses to be environmentally and socially responsible, and two-thirds said they’re willing to pay more for products that support vulnerable groups and communities.

“It is vitally important for companies to contribute to supporting society and the planet. And there is a growing body of evidence that doing so is more than the right thing to do, it is good for business,” said Julia Collins, CEO of Planet FWD, a carbon management platform for consumer brands, in a statement. “This report provides further evidence … that those who are leading in consumers’ minds are already reaping the commercial benefits and are best placed for future success.” Indeed, 8 in 10 respondents said they feel more loyalty to purpose-driven brands.

ESG performance is correlated with revenue growth

Glow also found a positive correlation between ESG performance and revenue growth. Even in a troubled economy with a cost-of-living crisis, environmentally- and socially-responsible companies are seeing the economic benefits of standing for their values: 20 percent of consumers rank sustainability in their top three considerations when shopping at the grocery store, and 10 percent of millennials said sustainability is the single most important factor when making a purchase.

Additionally, while 70 percent of consumers are actively switching food and grocery brands to save money, many consider sustainability a key reason not to do so, particularly among younger shoppers.

“Now more than ever, if brands want to retain and win consumers, they must stand for something,” Mike Johnston, managing director of data products at Glow, said in a statement. “All consumers are looking for ways to save money. They will need a compelling reason why they shouldn’t walk away from your brand for a cheaper alternative. Along with quality, sustainability is a key barrier to change, especially for millennials.”

It’s worth noting that what consumers view as “sustainable” will vary based on the product. Consumers report that plastic and waste issues are of greater importance in the household goods department, for example, while health and wellbeing is a top concern for consumers when choosing beverages and beauty products.

Still, across all categories, products with ESG-related claims on their packaging grew an average 1.7 percent faster than those without. Labels and messaging associated with regenerative agriculture, plastic-free products, cruelty-free operations, water footprint, and renewable energy caught consumers’ attention the most.

Consumer expectations are high

U.S. consumers widely perceived the food and grocery industry as a leader in corporate sustainability, Glow’s data revealed, but the industry still faces significant barriers to meeting consumer expectations in a few key areas. For example, almost a third of responding consumers are dissatisfied with the industry’s efforts to reduce emissions, mitigate climate change, protect wildlife and ensure the welfare of suppliers.

While being misaligned with consumer expectations is never ideal for a company or sector, this gap presents an opportunity for brands to re-engage with this growing segment of consumers and stakeholders. By aligning ESG priorities with consumer expectations, companies can take advantage of a growth opportunity, while reducing risk and improving impacts on the environment.

“There’s a role of education here that’s critical for businesses,” Tim Clover, founder and CEO of Glow, told TriplePundit. “Consumers really want to understand the issues in more detail, to understand some of the science and the lengths to which companies are going to solve these problems. Companies that are brave enough to go and take the time to explain the depth of these issues and educate the market, they’re leading. They’re winning.”

To see the original post, follow this link: https://www.triplepundit.com/story/2023/consumers-switching-brands-esg/768956

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Tags: accountability, corporate social responsibility, CSR, ESG, Glow, green marketing, Planet FWD, responsible brands, sustainability, sustainable branding, sustainable brands, Triple Pundit
Categories : ESG, responsible brands

New PFAS guidelines – a water quality scientist explains technology and investment needed to get forever chemicals out of US drinking water

17 03 2023

Graphic: SCDHEC.GOV

By Joe Charbonnet, Assistant Professor of Environmental Engineering, Iowa State Universityvia The Conversation • Reposted: March 17, 2023

Harmful chemicals known as PFAS can be found in everything from children’s clothes to soil to drinking water, and regulating these chemicals has been a goal of public and environmental health researchers for years. On March 14, 2023, the U.S. Environmental Protection Agency proposed what would be the first set of federal guidelines regulating levels of PFAS in drinking water. The guidelines will be open to public comment for 60 days before being finalized.

Joe Charbonnet is an environmental engineer at Iowa State University who develops techniques to remove contaminants like PFAS from water. He explains what the proposed guidelines would require, how water utilities could meet these requirements and how much it might cost to get these so-called forever chemicals out of U.S. drinking water.

1. What do the new guidelines say?

PFAS are associated with a variety of health issues and have been a focus of environmental and public health researchers. There are thousands of members of this class of chemicals, and this proposed regulation would set the allowable limits in drinking water for six of them.

Two of the six chemicals – PFOA and PFOS – are no longer produced in large quantities, but they remain common in the environment because they were so widely used and break down extremely slowly. The new guidelines would allow for no more than four parts per trillion of PFOA or PFOS in drinking water.

Four other PFAS – GenX, PFBS, PFNA and PFHxS – would be regulated as well, although with higher limits. These chemicals are common replacements for PFOA and PFOS and are their close chemical cousins. Because of their similarity, they cause harm to human and environmental health in much the same way as legacy PFAS.

A few states have already established their own limits on levels of PFAS in drinking water, but these new guidelines, if enacted, would be the first legally enforceable federal limits and would affect the entire U.S.

A water droplet sitting on a piece of fabric. — *Chemicals used to create water-repellent fabrics and nonstick pans often contain PFAS and leak those chemicals into the environment. Brocken Inaglory/Wikimedia Commons, CC BY-SA*

2. How many utilities will need to make changes?

PFAS are harmful even at extremely low levels, and the proposed limits reflect that fact. The allowable concentrations would be comparable to a few grains of salt in an Olympic-size swimming pool. Hundreds of utilities all across the U.S. have levels of PFAS above the proposed limits in their water supplies and would need to make changes to meet these standards.

While many areas have been tested for PFAS in the past, many systems have not, so health officials don’t know precisely how many water systems would be affected. A recent study used existing data to estimate that about 40% of municipal drinking water supplies may exceed the proposed concentration limits.

3. What can utilities do to meet the guidelines?

There are two major technologies that most utilities consider for removing PFAS from drinking water: activated carbon or ion exchange systems.

A membrane treatment system. — *Water treatment systems can use activated carbon or ion exchange to remove PFAS from drinking water. Paola Giannoni/E+ via Getty Images*

Activated carbon is a charcoal-like substance that PFAS stick to quite well and can be used to remove PFAS from water. In 2006, the town of Oakdale, Minnesota, added an activated carbon treatment step to its water system. Not only did this additional water treatment bring PFAS levels down substantially, there were significant improvements in birth weight and the number of full-term pregnancies in that community after the change.

Ion exchange systems work by flowing water over charged particles that can remove PFAS. Ion exchange systems are typically even better at lowering PFAS concentrations than activated carbon systems, but they are also more expensive.

Another option available to some cities is simply finding alternative water sources that are less contaminated. While this is a wonderful, low-cost means of lowering contamination, it points to a major disparity in environmental justice; more rural and less well-resourced utilities are unlikely to have this option.

4. Is such a major transition feasible?

By law, the EPA must consider not just human health but also the feasibility of treatment and the potential financial cost when setting maximum contaminant levels in drinking water. While the proposed limits are certainly attainable for many water utilities, the costs will be high.

The federal government has made available billions of dollars in funding for treating water. But some estimates put the total cost of meeting the proposed regulations for the entire country at around US$400 billion – much more than the available funding. Some municipalities may seek financial help for treatment from nearby polluters, while others may raise water rates to cover the costs.

5. What happens next?

The EPA has set a 60-day period for public comment on the proposed regulations, after which it can finalize the guidelines. But many experts expect the EPA to face a number of legal challenges. Time will tell what the final version of the regulations may look like.

This regulation is intended to keep the U.S. in the enviable position of having some of the highest-quality drinking water in the world. As researchers and health officials learn more about new chemical threats, it is important to ensure that every resident has access to clean and affordable tap water.

While these six PFAS certainly pose threats to health that merit regulation, there are thousands of PFAS that likely have very similar impacts on human health. Rather than playing chemical whack-a-mole by regulating one PFAS at a time, there is a growing consensus among researchers and public health officials that PFAS should be regulated as a class of chemicals.

To see the original post, follow this link: https://theconversation.com/new-pfas-guidelines-a-water-quality-scientist-explains-technology-and-investment-needed-to-get-forever-chemicals-out-of-us-drinking-water-201855

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Tags: corporate social responsibility, CSR, Drinking Water, EPA, PFAS Guidelines, PFOA and PFOs, responsible brands, sustainability, sustainable brands, Water Standards
Categories : Climate Change, ESG

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