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Getting Public Procurement to Drive Better Environmental Practice

At a recent event held by the Environmental Industrues Commission, speakers highlighted the opportunity to use public procurement as a mechanism that can help drive an create a market for new technology. The arguments are taken from the defence industry where often equipment is procured against a desired specification which might not yet exist rather than an existing specification. The created need drives the technological development. On the face of it, this makes alot of sense, but the analogy if defence is the correct one, means that alot of purchasing practice n...

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An International Court for the Environment

Almost daily there is a wealth of new and proposed legislation about the environment as it seems each country gives the environment its own twist. In the last week we have seen two countries ban plastic bags, proposed carbon tariffs on goods entering the EU and continuing legislation to regulate emissions. This will mean that businesses will have to comply differently in different places and over time there will need to be some forum that can resolve conflict of laws between countries as the environment touches more heavily on issues like free trade and even the reac...

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Climate and Corporate Social Responsibility

In 2007, corporate social responsibility (CSR) continued the momentum of the past several years, shifting this year from mainstream recognition to widespread action. The scale and scope of business-led solutions is rising to meet the severity of the monumental environmental and social challenges facing us, from the climate crisis to genocide to economic meltdowns. Will CSR help resolve these pervasive problems? Time will tell.

When it comes to the climate crisis, both the problems and potential soluti...

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Emissions on the corporate balance sheet and the re-rating of the future corporation

  

The day is fast arriving where an organisation’s emissions will be measured on its balance sheet with an ability to materially affect its value.  Emissions, like pension deficits or surpluses, will affect the pricing of an asset or investment and even investors’ perceptions of a whole industry.

 

When that day arrives,...

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Gordon Brown's new green vision for the UK

One part of Gordon Brown’s speech to the Labour Party conference at the end of September which didn’t receive much notice was this:

“I am proud that Britain will now become the first country in the world to write into law binding limits on carbon emissions. But I am not satisfied: so I am asking the new independent climate change committee to report on whether the 60 per cent reduction in emissions by 2050, which is already bigger than most other c...

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