Undeterred by the current economic situation, high-revenue companies continue to be environmentally conscious.  According to the 2008 "What Directors Think" survey conducted in the US, "corporate boards of directors have taken on a growing role in overseeing the risks and opportunities associated with corporate responsibility and sustainability (CR&S) and climate change."

The survey showed that approximately half of the respondents "believe that attention to CR&S issues is integrated into their companies' business strategy and risk management."  

It is encouraging to know that these organizations acknowledge the "interdependencies between environmental, social and financial performance."  Results like these demonstrate a great example for other companies to follow.

To learn about how Intelex's Environmental Management System can help your organization, click here.

To view the full article, go to GreenBiz.com.

On March 10, 2009 the United States EPA (Environmental Protection Agency) announced a proposal for the first nation-wide system for reporting greenhouse gases.

"The new reporting requirements would apply to suppliers of fossil fuel and industrial chemicals, manufacturers of motor vehicles and engines, as well as large direct emitters of greenhouse gases with emissions greater than a threshold of 25,000 metric tons per year." March 10, 2009 EPA News Release.

Organizations effected by the new regulations would be required to submit their first annual report to the EPA in 2011, with the exception of automobile and engine manufacturers who would submit their first report for model year 2011.

If you’re interested in learning how your organization can begin to track and report greenhouse gases submit a request for more information or ask for a live demo.

In an environment where corporations are demanding that their suppliers and business partners assume greener corporate processes, Standard & Poor’s launched the S&P US Carbon Efficient Index as a means of measuring the performance of large US companies with relatively lower carbon emissions.

According to Standard & Poor’s, the companies listed on the new US Carbon Efficient Index had a 48% lower carbon footprint when compared with the average company on the S&P 500. There are currently 362 companies listed, with plans to examine all 4,500 companies recognized on S&P’s indices.

To calculate the carbon footprint, S&P is working with the environmental research organization Trucost PLC. Trucost arrives at a figure by dividing greenhouse gas emissions by annual revenues.

With the potential for new and more conservative emissions regulations just around the corner, and an increase in consumer demand for socially responsible products and services, it appears that tracking corporate greenhouse gas emissions is evolving from an optional business initiative to a mandatory one.

Click here to read a recent press release addressing how Intelex is enabling organizations to improve their sustainability efforts through greenhouse gas emissions tracking and reporting.