Friday, August 31, 2007
New Survey Indicates Companies Support Green Procurement
Very interesting article that confirms the movement toward sustainability, and the greening of the supply chain. Here's the exec summary of the article:
"A new survey focused on company practices, policies, and plans for reducing environmental impacts associated with operations, reveals a green procurement trend. Conducted by EyeForProcurement, the study revealed that 50% of companies are employing policies focused on greening their supply chains. The belief that growth in greening supply chains will continue is almost unanimous, with 98% of participants stating they expect expansion. Results also indicate that customers from all sectors are increasingly demanding green products and services.
Sustainable procurement by study participants is mainly concentrated on packaging materials and raw materials used in manufacturing. Professionals surveyed indicated mixed motivations for these practices, including a combination of supporting their companies' environmental and sustainability strategies and a response to customer interest in green products and services. "
When you read the article, check out the Responsible Purchasing Network. A terrific information resource that will actually help your business move toward sustainable purchasing processes. You don't have to start from scratch!
Innovation that matters....
Wednesday, August 29, 2007
Energy efficiency easiest path to aid climate - Corporate Climate Response - Green to Gold
Energy efficiency easiest path to aid climate Environment Reuters
Yesterday, on 8.28,, the first day of Vienna Climate Change Talks 2007 , the United Nations began to review a 230 page report on about climate investments to 1000 delegates from 158 nations. Bottom line - we need to focus on energy efficiency. Here are a couple quotes from this news article:
- Energy efficiency is the most promising means to reduce greenhouse gases in the short term
- "global additional investment and financial flows of $200 billion-$210 billion will be necessary in 2030 to return greenhouse gas emissions to current levels," including measures for energy supply, forestry and transport
- The study foresees a shift to renewable energies such as solar and hydropower, and some nuclear power
- The report also estimates that investments in helping nations adapt to the impact of climate change would run to tens of billions of dollars in 2030, such as treating more cases of malaria or building dykes to protect beaches from rising seas.
27-31 August, Vienna, Austria marks the fourth session of the Ad Hoc Working Group on Further Commitments for Annex I Parties under the Kyoto Protocol (AWG 4) and the fourth workshop under the dialogue on long-term cooperative action to address climate change by enhancing implementation of the Convention. This meeting is taking place at the Austrian Center Vienna (ACV).
My comments: 158 countries have sent 1000 delegates to participate in this process. The actions required will fall heavily on the shoulders of leaders in government, business, and society to implement. This is both a tremendous business challenge, and an opportunity to innovate. Collaboration, innovative technology, ingenuity, strategic risk taking, cultural change - all this and more - will be required on a global basis.
IBM and many other global leaders are stepping up in significant ways. IBM is a gold sponsor of Corporate Climate Response Chicago - being held on September 25th and 26th. Gary Rancourt, from our Big Green Innovations team will speak on Energy Efficiency and Green Operational Innovation. The opportunities to improve our carbon footprint and increase energy efficiency, and often times - to save money in the process - go hand in hand.
A terrific book to read on this topic is Green to Gold - How Smart Companies use Environmental Strategy to Innovate, Create Value, and Build Competitive Advantage by Daniel C. Esty and Andrew S. Winston. Andrew Winston also offers an Eco-Advantage newsletter. According to Andrew "It’s a bi-weekly look not specifically on the latest news in green business, but more a strategic view – a lens for looking at how companies innovate and grow/profit with environmental thinking. "
Time to start thinking differently - and paving the way to a healthier, more secure future. And create Eco-Advantage along the way...
Saturday, August 25, 2007
Companies Giving Green an Office - New York Times
Very interesting sign of change - and focus. Here's a small excerpt from this article:
"The corporate roster of “chiefs” used to be pretty short: chief executive, chief financial officer and, maybe, chief operating officer. Then came the chief marketing and technology officers.
Now, the so-called C-Level Suite is swelling again — this time, with chief sustainability officers. These are not simply environmental watchdogs, there to keep operations safe and regulators at bay. The new environmental chiefs are helping companies profit from the push to go green.
“Environmental vice presidents usually spend company money, but this new breed is helping companies make money,” said Eileen Claussen, president of the Pew Center on Global Climate Change."............
............"The evolution was probably inevitable. Corporations are facing demands from all quarters to reduce their greenhouse gas emissions, and to buy and produce green products. So, many chief executives are urging their managers to “figure out what products they should sell in a warming world,” said Jonathan Lash, president of the World Resources Institute.
Still, few corporate chiefs want to micromanage the changes. That means they are appointing environmental surrogates to do it for them. "
Read the article, which quotes Sustainability execs from many companies - Dow, Dupont, GE, GM, Owens-Corning, Home Depot, and Hilton Hotels...
This is getting very real folks. What is happening in your company? How can you be part of it? It's time to get smart about getting green, and it's time to get into action.