Showing posts with label Walmart. Show all posts
Showing posts with label Walmart. Show all posts

Wednesday, May 19, 2010

Sustainable Successes and Failures

When it comes to sustainability the right vision and effective execution can help companies compete and emerge as winners. Inadequate sustainability efforts can profoundly undermine a company’s ability to survive. Some once great companies have watched their iconic brands crumble due to their failure to proactively adapt to emerging megatrends. GM and Kodak are but two examples.

Many companies around the world now have a Chief Sustainability Officer (CSO) including AT&T (U.S.), SAP (Germany), and LoyaltyOne (Canada).

Forward looking companies are already benefiting from their sustainable positioning. By focusing on outperforming competitors on regulatory compliance 3M’s Pollution Prevention Pays reduced pollutants by more than 2.6 billion pounds and saved the company more than $1 billion.

DuPont understands that environmental risks outweigh potential earnings. That is why under a zero waste commitment, Dupont has opted to divest itself of its holdings that have big eco-footprints such as nylon and carpets.

Dow’s 2015 Sustainability Goals yielded new products in areas from solar roof shingles to hybrid batteries. Its core business, which had traditionally relied on commodity chemicals, has shifted toward advanced materials and high-tech energy opportunities.

IBM uses their environmental management system as the foundation for policy deployment, practice management, goal setting, decision making, and data capture.

Although some companies have made valiant efforts, this does not preclude room for improvement. Walmart has 38 sustainability goals and earlier this month they released their third sustainability report. Walmart's new climate goal is to reduce 20 million metric tons of carbon pollution from its products’ lifecycle and supply chain over the next five years. However, Walmart still needs to focus on avoiding waste and they need to define the way they measure progress on packaging.

Pioneering companies are already reaping the rewards of their sustainable efforts and a growing number of businesses are realizing that success in sustainable positioning comes from greater competitiveness and cost savings.
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Monday, April 20, 2009

The Business of Earth Day

Earth Day is a great example of grassroots environmentalism turning the wheels of the free market. Businesses are joining people around the world who are coming together for workshops, rallies, cleanups, tree plantings and other events focused on the environment.

In 1962, Senator Gaylord Nelson decided he wanted to raise the profile of the environment in American politics. Six years later, amidst the war protests of 1969, Senator Nelson came up with the idea of holding a national protest in defense of the environment. The first Earth Day event was held on April 22, 1970 and was a massive success with over 20 million people taking part across the US. That day marked the beginning of the green movement in America. Twenty years later, on Earth Day 1990, 200 million people in 141 countries took part. In 2007, an estimated 1 billion people celebrated Earth Day around the world.

As reported in a recent Planetgreen.disovery.com article, "solving our environmental problems is going to require both top-down and bottom-up solutions. Now more than ever, we've all got to roll up our sleeves and get to work, in whatever way each of us can, because we're all in this together, and it's going to take everyone of us—from housewives to politicians to CEOs—getting with the program."

With the participation of approximately one billion people for the recent Earth Hour event and amidst climate change hearings in Washington, Earth Day 2009 promises to be bigger than ever.

Businesses are responding in varying degrees. Consumers can shop at Banana Republic, where 1% of sales from April 22 through April 27 benefit the Trust for Public Land. Some companies have launched comprehensive lineups of Earth Day activities and promotions. The Disney Store North America's approach is designed to educate families about their impacts, encourage recycling and replant an endangered rainforest through The Nature Conservancy’s Plant a Billion Trees Campaign. These initiatives build on The Walt Disney Company’s recently announced long-term environmental goals to reduce emissions, waste, electricity and fuel use, as well as the company’s impact on water and ecosystems.

Several broadcasting networks, including Fox Broadcasting, NBC and Nickelodeon, have announced green-themed TV program scheduling in honor of Earth Day. Verizon Business employees in Dallas, Boston and Tulsa are volunteering in local projects in support of Earth Day. Newsweek subscribers were able to fashion the cover of the April 14 issue into an envelope to send plastic bags to Target in return for a reusable tote bag. And Clorox's Brita brand's integration with NBC's "The Biggest Loser" has resulted in the elimination of plastic water bottles from the show's campus.

This month, Wal-Mart is running seven national 30-second spots, bearing the tagline "Budget-friendly prices. Earth-friendly products," Wal-Mart Ads also tout recycled materials. Macy’s Turn Over a New Leaf campaign is designed to support, educate and inspire eco-friendly practices in everyday life, and will include special promotions and merchandise. Last year’s event raised more than $2.9 million for the National Park Foundation. Toys 'R' Us' launch the "enviro-friendly playthings,"

With a host of Earth-day activities, benefits and workshops Anthropologie is drawing attention to the simple steps we can all take to help our planet, placing special importance on the survival of the honey bees and sustainable agriculture. Office Depot customers can take advantage of free electronics recycling with the purchase of any Zip Express service. Cartridge World has launched a “Recycle it @ Cartridge World” campaign that encourages consumers to recycle printer cartridges and cell phones at participating stores.

EarthGrains bread will make a $100,000 contribution to a leading international conservation group, The Nature Conservancy, to support the protection of the world’s lands and waters. Full Circle Architects hosts a free "Building Green Can Save Green" event. Reynolds Consumer Products is offering a free roll of its new recycled aluminum wrap.

For the second year in a row, New York’s airline JetBlue Airways invited hundreds of New Yorkers to do “One Thing That’s Green” by participating in a community tree planting day to support the MillionTreesNYC movement. Last week employees at Anheuser-Busch used public transportation, car pooled, biked or walked to work; recycled, planted trees and participated in community clean-up and restoration events. Many of the company's 12 U.S. breweries have combined "Green Week" activities with the company's annual "Bring Our Kids to Work Day" event to educate employees and their children about actions they can take to benefit the environment.

Outside of Philadelphia, Kenilworth business partners will be cleaning up a local wooded area and stream. And Fairmont Hotels have introduced the "Lexus Hybrid Living Suites." From local efforts to high end initiatives, businesses are aggressively capitalizing on Earth Day, even Barbie now has a green-accessories collection just in time for Earth Day.

More companies are using the day to highlight Green products, roll out eco-friendly initiatives and disseminate Green information. Earth Day has moved well beyond the largely student-led groups of the early days and is now a day for business.

Next: Part 2, Earth Day Business Resources / Part 3, Silencing Earth Day Critics