Columbia, Md.,-based W.R. Grace & Co. under its bankruptcy plan of reorganization, paid over $63 million to the US government to resolve claims for environmental cleanups at approximately 39 sites in 21 states, the US Department of Justice and the EPA announced today
Novo Nordisk became the world's first pharmaceutical company to publish an environmental profit and loss account, which places a financial value on the company's environmental impacts. The analysis revealed that Novo Nordisk caused over $305 million in environmental damage during 2011, with the company's supply chain accounting for 75% its impact.
Levi's Water<Less jeans collection, designed to reduce water used in the finishing process by up to 96 percent, has saved over 770 million liters of water since its launch in 2011, the company announced.
Finelite, a manufacturer of high-efficiency lighting systems, cut its waste production by 84 percent between 2005 and 2012 through using reusable packaging, Sustainable Plant reports.
Through such innovations as replacing bubble wrap used to protect products with crinkled paper and so-called lean packaging, the company saved about $27,000 a year in garbage disposal costs, the article says.
Tower Companies saved $220,000 in 1 year and reduced electricity consumption by an average of 13% across 3 office buildings in Washington, DC, by implementing systems for managing energy in real time.
Siemens will invest $264 million to build production facilities for its 6MW offshore wind turbines in the UK. The facilities are expected to create over 1,000 jobs and begin producing rotor blades by 2016.
There is increasing recognition among both travel professionals and consumers of the importance of responsible travel and "strong evidence" that responsible travel is good for the economic bottom line, according to analysis by Center for Responsible Travel.
The airline expects that across the lifetime of the new trays, they will see a 45% reduction in greenhouse gasses (and associated fuel costs) compared with the old trays
Switching to LED fixtures will reduce energy use by more than 5 percent per store in the U.S. alone and will save an expected 340,000 kWh per store. That equals $34,000 in savings per year in each store - or removing 327,360 metric tons of carbon emissions from the atmosphere. The LED fixtures are expected to save a total of 620 million kWh over the next 10 years.
MBA students from the University of California, Berkeley achieved a 50% return on investment from the school's socially responsible investment fund since 2008. The fund performed almost 5% better than the overall market from 2011 to 2014.
Norpac Fisheries Export is one of several companies that has found it profitable -- as well as environmentally helpful -- to track seafood catches along their entire supply chain and make sure they were not caught using illegal, unreported and unregulated (IUU) practices. Norpac's tracking system "actually saves us time and money," Managing Director Thomas Kraft said.
Waste Management's compressed natural gas trucks cut greenhouse gas emissions by 25 percent and reduce particulate matter by 90 percent, Automotive Fleet reports.
Most companies believe water challenges will significantly worsen in the next five years, according to a survey of major US corporations by the Pacific Institute and VOX Global.
The savings, in both energy and carbon pollution, can be considerable. At the city's St. Mary's recreation center in the South Bronx, where a solar hot water system provides hot water for showers and the pool, the city is saving $39,000 a year on energy and cutting the complex's carbon footprint by 141 tons a year-the equivalent of taking 27 cars off the roads.
exceeded our Better Buildings, Better Plants goal within the first four years of joining - seven years ahead of schedule. We achieved a 32 percent reduction in energy intensity across 14 U.S. industrial, commercial and mixed-use sites. At our 100-year-old headquarters building in West Hartford, Conn., we were able to reduce our energy use intensity by 10 percent in just two years, leading to a $233,000 savings in 2013. And those savings will show up in every budget going forward, too.
Telecom Alaska Communications earned a 225% return on investment over 7 months by integrating energy data management services from technology company Ecova. Alaska Communications used the technology to better understand energy consumption and spending in its operations.