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Issue No. 39 : January 2014

Our Perspective

Constructing Sustainable Business Models

Businesses are at the forefront of providing society’s needs—from basic necessities such as food and shelter, to more extraneous demands like transportation and communication. As international organizations and governments set more stringent sustainability targets, and deadlines for achieving sustainability goals loom closer, all sectors of society must contribute to achieving local, national, and global sustainability targets, especially the business sector. Therefore, all businesses — both in developed and developing countries — are responsible for assuring that they provide society’s needs in a sustainable manner. For businesses to become sustainable, they must look at their very foundation: their business model. Read More

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Industry Updates

Frost & Sullivan: What’s Hot in Environmental Markets?

Urbanization and smart cities, the changing dynamics of unconventional gas, and opportunities generated from increased environmental awareness and legislation will be the key topics in 2014 and beyond, according to Frost & Sullivan’s predictions for the global energy and environment market. Read More

Financial Decision Makers Need Climate Information to Manage Risks

Maximizing returns on financial investments depends on understanding and accounting for weather and climate risks, according to a study by the American Meteorological Society (AMS) Policy Program. Read More

Climate Change Losses Cost $200 Billion Over Last Decade

Economic losses from extreme weather events have risen from an annual global average of about $50 billion in the 1980s to close to $200 billion over the last decade, according to the report released by the World Bank. Read More

90 Firms Responsible for Two-Thirds of Emissions

Just 90 companies, including ChevronTexaco, ExxonMobil and BP, are responsible for causing almost two-thirds of all man-made global emissions during the industrial era, according to research by the Climate Accountability Institute. Read More

Typhoon Haiyan Must Spur Action at UN Climate Talks

Governments across the world were told that Typhoon Haiyan, which hit the Philippines in November 2013, must act as a "wake-up call" on the dangers of climate change. Read More

Sustainability Leads to Cost Savings, Revenue Growth

Sustainability programs are producing cost savings, revenue growth, competitive advantage and environmental benefits across corporate America, writes Harold L. Sirkin, a senior partner of the Boston Consulting Group (BCG). Read More

Water Risks to US Companies are Becoming more Acute: Deloitte

Water security risks are increasing and will significantly impact business continuity if left unaddressed, according to the CDP U.S. Water Report 2013, prepared by Deloitte. Even as water risks become more acute, the majority of Standard & Poor’s 500 index (S&P 500) companies facing water risks lack strategic plans to adequately address these risks. Read More

NYC Restaurants Divert 2,500 Tons of Food Waste

New York City restaurants have diverted more than 2,500 tons of food waste from landfills in the past six months, the Associated Press reports. Read More

Guide Helps Businesses Become More Resource Efficient

LRS Consultancy and UK law firm Burges Salmon have published a guide to give businesses practical guidance on how to become more resource efficient. Read More

Food Waste Cost UK Hospitality, Food Service Sector $4.1 Billion

Food waste cost the UK hospitality and food service sector £2.5 billion ($4.1 billion) in 2011, according to a report by the Waste and Resources Action Programme (WRAP). Read More

Extreme Weather is Proving Costly for China

China’s extreme weather conditions has caused an average of more than 2,000 deaths and up to CNY200 billion (USD32.8 billion) of direct economic loss every year since the 1990s, according to Beijing's latest report on the nation's climate change strategies. Read More

Philippine DOJ Backs Adoption of Green Building Code

The Philippines Department of Justice (DOJ) has approved the Department of Public Works and Highways (DPWH) addition of green-building regulations in the National Building Code of the Philippines (NBCP). Read More

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