|
A U.S. Corporate Leader Shares His Thoughts on Sustainability – EDF’s Fred Krupp Interviews Tom Linebarger of Diesel-Maker Cummins Inc. Fred Krupp is head of the two-million-member Environmental Defense Fund (EDF), a leading global not-for-profit that creates “transformational solutions” to address environmental problems by linking economics, law, science and innovative private-sector partnerships. Since the mid-1980s he has been a very vocal thought leader, activist, and champion for change on various climate change issues, striving to use the power of the marketplace to protect the global environment. Krupp has worked with many business leaders over the years and characterizes Tom Linebarger – Chair and CEO of Cummins, Inc. (diesel engine manufacturing) – as one of the forward-thinkers on sustainability and environmental innovation. Krupp interviewed the CEO for Forbes, our Top Story for this issue. Cummins Inc. has publicly committed to set science-based targets for reducing GHG emission across the company’s supply chain, which would help to address stakeholder concerns and help contribute to the future well-being of communities in which the company operates. Cummins’ innovation efforts will also help to make a difference in terms of the company’s products (such as vehicle and stationary engines), its facilities and the supply chain. Diesel power is central to the progress of the economy, says Linebarger, moving vast amounts of products and supplying power just about everywhere -- and is a factor in driving wealth creation. While doing this, the Cummins’ products also impact the environment and so the intense focus on corporate sustainability for the company. Here are some welcome words for us in the Trump/Pruitt era of tearing up environmental rules and regulations and denying the impacts of climate change: “Regulations play an important role in protecting the environment, and we’ve worked to make sure we’re a positive contributor to the effort,” the CEO explains. Cummins also pushes industry peers and its suppliers to support tough, clear, science-based, enforceable regulations that are good for the industry. Also, welcome to other champions of corporate sustainability – this making the business case statement:
Cummins (NYSE: CMI) is headquartered in Columbus, Indiana; the company designs manufactures, sells and services diesel and natural gas power engines; and, alternative-fueled electrical generates sets, “emission solutions”, and components for electronics and fuel systems. The company has 58,600 employees and serves customers in 190 countries – sales are US$20 billion (2017). Disclosure: The G&A Institute team members were instrumental in 2000 in assisting diesel power and vehicle manufacturers in organizing the [not-for-profit] Diesel Technology Forum, a not-for-profit advocacy dedicated to raising awareness about the importance of clean diesel engines, fuels and technologies. Cummins was instrumental in the concept of and the founding of DTF and over the years since has been active in advancing the mission. Our former colleague Allen R. Schaeffer is the organization’s Executive Director. You’ll want to read and share our Top Story this week with very encouraging comments about sustainability from a respected U.S. corporate sector leader. Top Stories Cummins CEO Says Innovation, Sustainability, And Regulations Are Good For Business
Sustainability: Forward Momentum! For Your Attention: The Editors' Scans Trump’s White House will not define sustainability standards — tech giants will Our sustainability goals need an upgrade Becoming a role model for sustainability Socially Responsible Investing taking off in financial world What is sustainability? It depends who you ask. What does sustainability mean for beef? How the poorest of the poor champion sustainability We’ll Change the Planet - Training 100,000 Sustainability Professionals and Entrepreneurs! Growing financial sector reform starts to deliver private finance for sustainability New Evidence Suggests That Sustainability Standards Drive Action Why human resources is your sustainability ally The 10 sustainability trends that forward-thinking organizations have on their minds The U.S. ranks near the bottom on this sustainability scorecard Just say 'no' to stock messages: Here are 10 principles for sustainability that sells New packaging study reveals complexities of sustainability The path to sustainability Comment: Achieving sustainability – collaborate, then compete The Top Four Reasons California Is Unsustainable The CMO's Role In Driving Sustainability More than 95% of world's population breathing unhealthy air, says new report
Sustainability-Focused Headlines for You From the Corporate Sector Anheuser-Busch, Already The World's Largest Beer Brewer, Also Wants To Be The Most Sustainable H&M Is Pushing Sustainability Hard, But Not Everyone Is Convinced L'Oréal Accelerates its Sustainability Transformation in 2017 P&G reveals ambitious new sustainability goals Starbucks Is Closing Thousands of Stores for Racial Bias Training. Here's How Much Money It Could Lose Exclusive: Wells Fargo loses teachers union AFT over ties to NRA, guns Are Cigarettes Finally Dead? Phillip Morris Plunges News & Opinion: Asset Managers, Sovereign Wealth Funds, Pension Funds New York City Pension Funds May Sell Almost $18 Million Worth Of Gun Stocks New Pensions Group Says Forget About Climate Change Global sovereign fund assets rises to $7.45 trillion Five Facts About Sovereign Wealth Funds That Will BLOW YOUR MIND Socially Responsible Investing taking off in financial world | What Value Do Companies Get From Engaging With ESG Investor Data Providers?
_________________________________________
G&A's To The Point! is a businesss intelligence web-platform resource. This management briefing service offers timely insights and perspectives on Corporate Sustainability, Responsibility & Citizenship.Click here to request a trial subscription. Below are links to a sampling of three recent briefs: Second in the Series: A BIG YEAR SHAPING UP, 2018 – Developments in Corporate Sustainability / Responsibility & in Sustainable Investing in 1Q ABOUT THOSE CORPORATE EMPLOYEE PENSION PLANS –The Focus is Increasing on the Shortfalls…and Remedies _________________________________________
G&A Institute Sustainability Update™ The Bangladesh Garment Factory Workers Tragedy — and Investor and Corporate Response Five Years On It’s ESG Survey & Query Time — Public Companies Are In Response Mode Dispatch From London and The Economist Sustainability Summit 2018 _________________________________________ FLASH REPORT: 85% of S&P 500 Index® Companies Publish Sustainability Reports in 2017
Using The GRI Sustainability Reporting Framework Improves The Quality of ESG Disclosures - Joint Research From G&A Institute and Baruch College Shows
_________________________________________ ________________________________________
________________________________________ GRI'S USA, UK & IRELAND
G&A Institute is the Data Partner for the Global Reporting Initiative's (GRI) in the USA, UK and Republic of Ireland. We identify, receive, collect, analyze, database, and communicate about every report issued in any of the 3 countries. Over the past 6+ years, G&A analyzed 6,000-plus sustainability reports in this pro bono role and databased 100+ important data points for each report. Find out more @ G&A's What's A Data Partner _________________________________________
Navigating the way to sustainability... | ||||||||||||||
The Sustainability Highlights eNewsletter is prepared by Governance & Accountability Institute, Inc. based on continuous monitoring of trends and developments in Sustainability and ESG. Governance & Accountability Instiute is the "Sustainability Headquarters™" for clients in the corporate, investment, public and social sectors. Based in New York, G&A is a for-profit consulting organization providing a range of value-added strategies, services and resources related to ESG & sustainability to clients in the corporate and capital markets communities.For G&A's full range of services, click on each of the links below: For more information, contact Governance & Accountability Institute, Inc. | |||||||||||||||
SDG Alignment Analysis and Strategic Advice
