Monday, January 24, 2005

GREENBUZZ for January 24, 2005

Taking Care of Business

Last week brought fair warning that corporations' ethical performance will be undergoing closer inspection, and for once Elliott Spitzer had nothing to do with it. The FTSE4Good announced more stringent standards for including companies in its social responsibility index. Key performance indicators? Climate risk management and stakeholder engagement.

Also: Columnist Frank Dixon on maximizing financial and sustainability performance through Total Corporate Responsibility.



Headlines
The Latest News on Business and the Environment

Caterpillar Inches Toward Major GHG Reduction Target
Caterpillar Inc., manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines, has pledged to reduce its global greenhouse gas emissions 20% by 2010.

Ethical Index Raises the Bar for Corporate Inclusion
Climate change, stakeholder dialogue, and performance measures may be required by FTSE4Good as the index aims to tighten up its inclusion requirements in 2005-6.

Japanese Burger Chain Powers Steel Mill with Food Waste
The company's food waste is now recycled into methane gas and used as fuel at a steel mill.

Kansas Salt Mine Becomes First to Use 100% Biodiesel
The Hutchinson Salt Co. claims to be the first mine of any kind to use 100% biodiesel, also known as B100.

Fujitsu and Toray Sprout First Plant-Based Plastic for PCs
Fujitsu Limited, Fujitsu Laboratories, Ltd., and Toray Industries, Inc. have announced their joint development of the world's first large-size notebook PC plastic housing made of plant-based plastic.

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Resources and Tools
A Wealth of Hands-On Help

Communicating Corporate Social Responsibility to Internal Stakeholders
Internal communications are vital to the success of corporate social responsibility programs, argues CSR specialist Ryan Lynch.

Business and Biodiversity Resource Center
Web site makes the case for why biodiversity matters to business.

Communicating Ecosystem Services
An online package of toolkits geared toward helping scientists communicate the importance of ecosystem services to a wider public audience.


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Columns and Features
Insight and Inspiration from the Experts

Total Corporate Responsibility Funds: Maximizing Financial and Sustainability Performance
Frank Dixon, creator of the Total Corporate Responsibility methodology, outlines how the approach can be used to develop investment products that provide superior financial and sustainability performance.

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