Autodesk Draws Up a New Way to Set Carbon Footprint Goals
The Autodesk team announced this week it has devised a new way of setting goals to reduce its carbon footprint. It's called the Corporate Finance Approach to Climate-Stabilizing Targets, or C-FACT, and the company hopes other businesses will adopt it and even help Autodesk make it better. Read More
Deutsche Bank's Climate Tracker Ranks National, Regional Climate Policies
The analysis of 270 climate and energy policies at the regional, state and national level finds that investors in firms in a number of countries are at moderate risk from climate change, while only investments in Italy pose the highest risk to date. Read More
Large Brazilian Companies Begin Reporting Emissions
Twenty-seven Brazilian corporations, including Walmart Brasil and Ford, voluntarily reported their greenhouse gas emissions publicly earlier this month as part of Brazil's GHG Protocol Program. Read More
Alstom, We Energies and EPRI Tout Early Carbon Capture Success
Alstom, We Energies and The Electric Power Research Institute have demonstrated the feasibility of using chilled ammonia to capture 90 percent of flue stream carbon dioxide produced by a coal-fired power plant. Read More
UPS to Offer Per-Package Carbon Offsets
The company also launched a new contract service to calculate the carbon footprint of individual customers' shipping activities. Read More
Steelcase and Whirlpool Emerge as Sector Climate Leaders
When it comes to addressing climate change, including measuring and reducing its carbon footprint, Whirlpool leads the pack in the large appliance sector, according to a new analysis. Similarly, Steelcase leaves other furniture makers in the dust for sharing its efforts to measure climate change impacts with the public and setting clear goals to reduce its energy use and emissions. Read More
Nike Quits Chamber of Commerce Board Seat Over Climate Policy
Nike resigned its position on the board of directors of the U.S. Chamber of Commerce Wednesday, the day after a small group of investors began urging the company to withdraw from the group over its opposition to climate change legislation. Nike will remain a member, but said it will evaluate its membership going forward. Read More
Carbon Trust to Begin Labeling Products Down Under
Consumer products with labels displaying the amount of carbon dioxide emissions generated from production through disposal will hit store shelves in Australia next year thanks to a partnership between Australian environmental group Planet Ark and U.K.-based Carbon Trust, the organization that developed the international labeling standard. Read More
Dow and Algenol Partner for Algae-Based CO2-to-Ethanol Pilot Project
The biorefinery will be built on 24 acres at Dow’s site in Freeport, Texas, where it will use carbon dioxide produced at a nearby Dow manufacturing facility. Algenol applied for $25 million in stimulus funds to cover half the project's costs. Read More
Climate Change Will Cause Shipping Delays, Higher Insurance Losses, Report Says
While some have trouble imagining what the worst impacts of climate change will look like, the effects are apparent today and projected to get dramatically worse if nothing is done to rein in greenhouse gas emissions. For the business community, this means shipping delays, more insured losses, constrained energy supplies and a decline in some tourism-based activities. Read More