Moves are afoot to scale back ?8bn plan to reduce Europe’s dependence on Russian energy imports after Turkey and Azerbaijan question its viability
Archive for January, 2012
The largest US oil and gas group by market capitalisation reported a 2 per cent rise in earnings for the fourth quarter to $9.4bn after tax
Retailers face major challenges when it comes to sustainability. They source products made all over the world. They use lots of energy to keep stores well lit and comfortable. They sells products that could one day end up in landfills.
But a new report from the Retail Industry Leaders Association says many retailers are taking bold steps to reduce their environmental footprints. It looks at some of the green trends and points to some success stories. While the report drew its findings from interviews with 20 major retailers – from IKEA to PetSmart – these practices are likely to affect smaller retailers as well.
Here’s a look at four trends:
1. Looking closer at supply chains. More retailers are evaluating the sustainability of their suppliers, including energy use, hazardous material, greenhouse gas emissions and water use. Some even require manufacturers to produce an annual report, so they can better gauge their total environmental footprint and be more transparent with their customers. Many big retailers are relying on third-party organizations, including The Sustainability Consortium and the Fair Factories Clearinghouse, to help them conduct supplier reviews.
2. Focusing on end of life. Some retailers are getting more active in help consumers responsibly dispose of their products — and that’s because if they don’t, it’s very likely the items will end up in landfills. Target Corp. offers recycling centers in its stores for plastic bags and aluminum, among other materials. The Gap in 2010 collected 360,000 units of denim to be repurposed into home insulation.
3. Educating consumers. Retailers have to be careful not to inundate consumers with sustainability information – especially in stores. But they’re finding ways to make it more engaging and transparent. WalMart’s Love, Earth Jewelry collection, for instance, allows people to trace their jewelry’s journey “from mine to market.” Whole Foods and IKEA created their own green labels.
4. Engaging employees. Retailers are actively asking their employees to help them lower their environmental footprint – and that’s tough: Retailers tend to have high turnover rates, which means employees don’t feel quite as engaged in the business. But some have been quite successful. Some, like Walgreen, are forming green teams of employees passionate about sustainability or hosting volunteer drives to help with local environmental nonprofit efforts.
What other sustainability measures are you seeing among retailers?
Footprint Photo via Shutterstock
Improved contributions from the Indian group’s zinc, iron ore and energy interests compensated for falling revenues from copper and aluminium
Bulgaria’s diplomatic reshuffle is set to continue on Wednesday, as the country’s Foreign Minister is expected to propose the appointment of five new Ambassadors abroad, according to a media report.
Russia, Pakistan, Syria, Morocco and Spain are the countries to which Bulgaria will send new envoys, dnevnik.bg reports.
Canadian-based shale gas exploration company is confident it can develop a project and create jobs both north and south of the border
A church was set ablaze in the Macedonian village of Labuniste, presumably as a result of the tensions between the local Slavic and Albanian populations.
The incident followed the burning of a Macedonian flag in the nearby town of Struga by Albanians and the raising of Albanian and Islamist flags, in reaction to a local carnival in the previous week in which Islam was mocked, DPA reminds.
The situation in the area was reported as tense and people were said to be frightened.
Anders Behring Breivik, the Norwegian who shocked the world by killing 77 innocent people in a single day, is willing to be interviewed by a foreign TV channel, it has been revealed.
However, Breivik’s lawyer Geir Lippestad has advised his client against giving any media interviews, since “it is not wise to speak out before the trial”.
The mass murder is following all TV coverage of his case, Lippestad has also told Verdens Gang.
Bulgaria has endorsed the town of Panagyurishte to run for host of this year’s Candidates Tournament chess clashes, it has been revealed.
London and Baku have already entered the race to host the prestigious event, while New York is expected to join them.
Bulgaria recently hosted two key chess battles – the Candidate Match between Veselin Topalov and Gata Kamsky in 2009 and Topalov’s subsequent World Championship match against Vishwanathan Anand in 2010, which the Bulgarian lost….
Stefan Klenovski, who was arrested in a shopping center in Sofia on the evening of January 27, has been placed under house arrest by the Sofia City Court.
Klenovski had a European Arrest Warrant (EAW) issued for him in connection with a police operation codenamed Shock held last year against a crime ring specialized in ATM scams.
The remand measure was issued Tuesday by Miroslava Todorova, Chair of the Bulgarian Judges Association (BJA), who was recently accused by Interior Minister Tsvetan Tsvetanov of patronizing organized crime and of incompetence.