Brazil World Cup could kick off 14m tonnes of extra
emissions
Brazilian consultancy says
travel and construction will result in giant carbon footprint for 2014
tournament. The Fifa 2014 World Cup in Rio is set to emit 14 million tonnes of
greenhouse gases, almost one per cent of Brazil's annual output, according to
new projections. Sao Paulo-based consultancy Personal CO2 Zero has published
calculations showing that building work in the run-up could add 11.1 million
tonnes of carbon dioxide equivalent, as the government invests heavily in new
infrastructure to cope with an influx of visitors for the World Cup in 2014 and
the Olympics, which will follow two years later. It would cost Fifa, world
football's governing body, about $15m (£9.3m) to purchase offsets through the
voluntary carbon market covering only those emissions produced during the
championship, CO2 Zero said. To read this article in full click
here
China’s Guangdong unveils ambitious carbon trading scheme
For the future of global emissions trading, no
country is more crucial than China. As the world’s biggest emitter of carbon,
China’s policies will play a guiding role in shaping any possible future global
trading scheme. A key milestone was passed this week as a pilot carbon trading
programme in Guangdong province released a detailed plan for how it will work. While
the details are new, the plan itself is not – policy makers in China have been
researching both carbon trading schemes and a carbon tax for a while, as the
country looks for way to control emissions and discourage energy-guzzling
industries. As part of these efforts, seven pilot carbon schemes around
China—in Beijing, Tianjin, Shanghai, Shenzhen, Chongqing, Guangdong province
and Hubei province—are working toward (hopefully) starting pilot trading next
year. To read this article in full click
here
Nestle tops list of global companies cutting carbon
emissions
Nestlé has topped a list of global companies in efforts
to disclose and cut carbon emissions. The Carbon Disclosure Project, an
independent non-profit organisation, released its annual ranking based on data
requested from the ‘Global 500’ companies. It measured companies on a range of
factors including how they incorporated climate change into their business
plans, how they monitored emissions, their transparency, and actions they were
taking to mitigate their impact. “Climate change mitigation remains a key
priority for us,” said José Lopez, Nestlé Executive Vice President and Head of
Operations. “Since 2001 we have halved the greenhouse gas emissions from our
factories per tonne of product. To read this article in full click
here
Thailand steams for greenhouse law
Thailand
is pushing for legislation on greenhouse gas emission reporting, aiming to have
a voluntary carbon market established by October 2013, said the Thailand
Greenhouse Gas Management Organisation (TGO). Prasertsuk Chamornmarn, TGO
deputy executive director and acting executive director, said having a law in
place is essential as Thailand is expected to join other developing countries
committed to reducing GHG emission after 2020.
Thailand
has pioneered a voluntary regime for carbon trading that includes corporate
social responsibility (CSR) activities. "From now until 2020, we have only
a voluntary regime in place but beyond that developing countries are required
to come up with a mandatory emission reduction target," said Ms Prasetsuk.
The TGO has been working on a law that obliges corporations to report their GHG
emissions. The final draft is expected to be submitted to a national committee
on climate change, chaired by the prime minister, and the cabinet next year
before it is sent to parliament, she added. To read this article in full click
here
Abercrombie & Fitch has been commended by the Carbon
Disclosure Project
Abercrombie & Fitch has been commended by the
Carbon Disclosure Project (CDP), which represents 655 institutional investors
with $78 trillion in assets, for its transparency in reporting how its business
operations impact the environment and for its commitment to developing
strategies to address those impacts. For the first time, Abercrombie &
Fitch is featured in CDP's "Carbon Disclosure Leadership Index." This
index, a key component of CDP's annual S&P 500 report, highlights the
constituent companies within the S&P 500 Index, which have displayed a
strong approach to information disclosure regarding climate change. Companies
are scored on their climate change disclosure and high scores indicate good
internal data management and understanding of climate change related issues
affecting the company. To read this article in full click
here
Nokia's sustainability excellence recognised
If the planet is going to combat climate change,
then everyone will need to play a significant part: Individuals, governments
and, yes, businesses as well. Nokia definitely takes its sustainability
responsibilities very seriously, but don’t just take our word for it. Nokia is
one of the world’s top 10 companies when it comes to climate change disclosure
and performance, says a new report from the Carbon Disclosure Project (CDP),
and Nokia has also been included on the Dow Jones Sustainability indexes for
2012/2013. Nokia is a company that is well known for its sustainable practices.
The philosophy of being a sustainable company doesn’t just exist at a boardroom
level but runs through Nokia’s entire manufacturing and design process. To read
this article in full click
here
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