Pharmaceutal giant Abbott Laboratories did more than just throw money at the problem of malnutrition in Haiti. They built a factory that employs local workers for construction, uses local farm products and will employ local residents to run the plant. Monday, August 29, 2011
Abbott Labs: On the ground in Haiti
Pharmaceutal giant Abbott Laboratories did more than just throw money at the problem of malnutrition in Haiti. They built a factory that employs local workers for construction, uses local farm products and will employ local residents to run the plant. 
Sunday, August 28, 2011
Toyota, Ford to collaborate on hybrid trucks
Ford and Toyota plan to collaborate on product development for the future rear-wheel drive hybrid vehicles, as well as for telephone, Internet and entertainment systems. Read More at Reuters:
Wednesday, August 24, 2011
GE Data Center Achieves LEED Platinum Status
Only 6 percent of all LEED-certified buildings have achieved Platinum certification. Considering that GE’s new building is a data centre in Kentucky only exemplifies how impressive this latest award is.
A recent McKinsey study estimates that CO2 emissions from data centres will quadruple in the coming years, exceeding emissions from the airlines industry by 2020.
One GE exec sums it up: "Our new high-efficiency data center will help us manage energy costs so we can compete in a global marketplace.”
Read more at Green Building Elements
Responsible Companies Access Cheaper Funding
According to a new study, corporate social responsibility (CSR) initiatives do bring one very important benefit to their companies -- a superior ability to raise money for strategic investments and initiatives.
Researchers at the Harvard and London Business Schools analyzed the corporate social responsibility scores of 2,439 publicly traded companies. They found that companies with high CSR scores have a much easier time raising money than their less socially-responsible competitors.
They suggest that firms with great CSR scores can access capital at better interest rates than other firms, starting a ‘virtuous cycle’: Companies with great CSR scores are better able to raise money for their strategic investments and initiatives, which in turn improve their stock market returns -- and that makes it easier for them to raise money.
Read more at BNET
Researchers at the Harvard and London Business Schools analyzed the corporate social responsibility scores of 2,439 publicly traded companies. They found that companies with high CSR scores have a much easier time raising money than their less socially-responsible competitors.
They suggest that firms with great CSR scores can access capital at better interest rates than other firms, starting a ‘virtuous cycle’: Companies with great CSR scores are better able to raise money for their strategic investments and initiatives, which in turn improve their stock market returns -- and that makes it easier for them to raise money.
Read more at BNET
Tuesday, August 9, 2011
NextEra Energy plans billions of dollars for wind investments
US power producer NextEra Energy (NYSE: NEE) intends to invest between $2.7 billion and $3.1 billion in wind farms over the next three years, according to CEO Lewis Hay, who spoke during a quarterly conference call last week.The company is the largest wind producer in the US with approximately 8.3 gigawatts (GW) of capacity and expects to add another 2 GW by the of 2012.
Tuesday, August 2, 2011
How Southern Company keeps out solar competion
Georgia has about 12 laws on the books to make it difficult for solar power to compete head to head with fossil power. All twelve were lobbied for successfully by Georgia Power, and its parent Southern Company using a total of 63 lobbyists to fight the recent federal clean energy bill.
Read more at Clean Technica
Read more at Clean Technica
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