As corporations look to cut their environmental costs, evaluating total cost of ownership - or the total direct and indirect costs of owning a product or service - may provide a way to achieve greater environmental accountability, better resource management and financial savings, according to a report by the Carbon Disclosure Project.
California's proposed rules for self-driving vehicles got another road test last week, as vehicle makers and industry groups expressed concern at a public workshop that the Department of Motor Vehicles' regulations could slow development of the technology and conflict with more flexible federal guidelines.
News out of the European Union these days seems to be all about divisiveness and imminent economic chaos. So it's easy to overlook the latest reforms that promise to make life easier for traders doing business in the region.
A five-year plan from Lufthansa Cargo and logistics provider DB Schenker to reduce carbon dioxide emissions is on track to meet its goal of reducing 20,000 tonnes of CO2 output by 2020, both companies say. To date, Lufthansa and Schenker have reduced their CO2 output by more than 10,000 tonnes, combined, under their joint Carbon Reduction Agreement.
According to a 2015 World Economic Forum study, organizations can increase revenue up to 20 percent and boost brand value up to 30 percent by investing in supply chain sustainability. But are organizations taking action to realize these benefits? And if so, how?
A range of shipping organizations are putting pressure on the International Maritime Organization to act on air emissions ahead of the marine environmental committee meeting (MEPC 70) in late October. The meeting is scheduled to discuss policy measures for the shipping sector in terms of CO2 reduction and whether or not to postpone the global 0.5 percent sulfur cap planned for 2020.
The International Civil Aviation Organisation (ICAO), a United Nations agency, has announced a framework for mandatory carbon-offsetting on all international flights. The agreement was backed by 65 countries, which between them account for 86.5 percent of international flight operations.
The Obama administration has used a flurry of tough-sounding trade enforcement announcements in recent weeks to counter complaints from the left and right that free trade is not fair trade - and to assist President Obama in the struggle to win approval of his trade pact with 11 Pacific Rim nations.
Federal regulators are mandating drastic reductions in emissions from heavy-duty trucks over the next 10 years. And truck manufacturers and big shippers alike are applauding the move.