CDP’s methodology underwent several changes for 2016. First, CDP came up with a new scoring system. Under the old scoring system, organizations were rated according to disclosure (their level of transparency) and performance (how effectively they are addressing climate risks). Organizations received a numerical score for disclosure and a letter band for performance. Under CDP’s new scoring methodology, organizations will be given a single letter band per criteria.
WELCOME TO THE ADEC INNOVATIONS BLOG
This blog combines articles from ADEC ESG Solutions, as well as FirstCarbon Solutions (FCS), an ADEC Innovation.
A crucial aspect of delivering sustainable products and services is sustainable packaging. In designing sustainable packaging for a product, companies need to answer a few questions, including: will it attract consumers to the product; how much will it cost; and will it provide needed protection for my product?
How Tech Companies are Promoting Sustainability
Posted by Ben Wilde on Mar 29, 2016 10:30:00 AMMORE
Tech companies realize that sustainability is a good investment. Sustainability ensures business continuity by conserving resources. A company cannot produce goods and services without sufficient raw materials (e.g., clean water, wood, minerals, etc.). This, in turn, means decreased revenue for the company. In 2014, Unilever CEO Paul Polman declared that climate change-related natural disasters are costing Unilever at least USD300 million a year.
COP21 Summit: Highlights and Key Takeaways
Posted by Michele Carchman on Mar 8, 2016 10:30:00 AMMORE
The 21st session of the Conference of Parties (the COP21 summit) began with a lofty goal aiming to achieve a legally binding agreement among all nations to limit global warming to below 2°C by 2100. COP21 appeared poised to attain this objective.
Setting Emissions Reduction Targets within the Corporate Sector – Part 3
Posted by Megan Crawford on Mar 4, 2016 10:30:00 AMMORE
Setting Emissions Reduction Targets within the Corporate Sector – Part 2
Posted by Megan Crawford on Mar 2, 2016 10:30:00 AMMORE
What is a science-based target?
Emissions reduction targets adopted by companies to reduce GHG emissions are considered “science-based” if they are in line with the level of decarbonization required to keep global temperature increase from pre-industrial times to below 2°C, as described in the Assessment Report of the Intergovernmental Panel on Climate Change (IPCC AR5). Our planets current trajectory is leaning toward a 4°C temperature increase above pre-industrial levels.
Setting Emissions Reduction Targets within the Corporate Sector – Part 1
Posted by Megan Crawford on Feb 29, 2016 10:30:00 AMMORE
According to CDP, more than 80% of the world’s 500 largest companies established emissions reduction or energy-specific targets in the 2014-2015 fiscal year. Since you cannot manage what you do not measure, setting emissions reduction targets allow companies to measure and track the progress of their annual GHG emissions associated with direct operations and their supply chains.
Thank you, Saudi Arabia! For Making it Possible to Implement a Carbon Tax to Reduce Greenhouse Gas Emissions
Posted by Sharolyn Vettese on Feb 23, 2016 10:30:00 AMMORE
On Monday, December 7, 2015, governments and companies were lamenting the lowest price of oil in 6 years (US$37.50/barrel of West Texas Intermediate) when Saudi Arabia chose not to cut its oil production due to a lack of agreement by OPEC members. Experts are now speculating that the price of oil will drop further to below $30/barrel when Iran, a significant oil producer, has full market access.
Basic Waste Management: Stop and Think Before You Toss Your Trash
Posted by Megan Crawford on Feb 2, 2016 12:28:53 PMMORE
Why Your Business Needs a Sustainability Plan
Posted by Frank Coyle on Dec 22, 2015 12:55:02 PMMORE
As the private and public sectors continue to develop their sustainability plans to demonstrate their commitment to the environment and the wellbeing of their communities, the private sector faces the challenge of ensuring the long-term viability of their operations and the wellbeing of their clients and consumers. A well-thought-out sustainability plan assists a company in operating its business responsibly while achieving a healthy bottom line.