-
Published: September 3, 2008
Gold mining is a dirty business, for many reasons. In poor countries, where most of the world’s gold is mined, regulations are lax, cyanide is commonly (and carelessly) used to separate gold from waste rock, and children work under unsafe conditions, literally scratching out a living from the earth. These problems have been well-documented by NGOS and by reporters for the New York Times, which did a great series on gold in 2005, and more recently in this fine investigative article by the Associated Press.
But corporate America is responding with an ambitious effort to reform the mining industry, led by Tiffany & Co., Wal-Mart, independent jewelers and NGOS. Forward-thinking mining companies like Rio Tinto are on board, too. My new feature story, Green Gold, which appears in the
-
Published: September 2, 2008
You won’t hear much about gay marriage this week at the Republican convention, but it remains a hotly-contested political issue, particularly in California, where a fall ballot initiative would overturn the state Supreme Court decision giving same-sex couples the right to wed. John McCain supports the ballot Proposition 8 while Barack Obama and California Gov. Arnold Schwarzenegger oppose it. A recent poll shows that most Californians side with their governor, Obama and gay rights groups like Equality for All. Should gay marriage win at the ballot box in the nation’s most populous state, that would be big news.A political win for same-sex marriage would also reflect the fact that in corporate America, support for gay marriage – or at least workplace policies that treat same-sex
-
Published: September 1, 2008
What book best explains the today’s world of business — the credit crunch, housing bust, diving dollar, etc.? That’s the question that reporter Frank Ahrens of The Washington Post put to some biz luminaries, resulting in a lively story in today’s paper.
Interestingly, my friend Nell Minow (of The Corporate Library and movie mom fame) and my former college classmate Henry Louis “Skip” Gates Jr. recommended the same book, David Copperfield, and cited the same quote, the advice given by Mr. Micawber to David:
‘Annual income twenty pounds, annual expenditure nineteen nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.’ Following that advice will protect you from the worst of economic upheavals.
Ah, yes.
-
Published: August 27, 2008
I’m writing this post on my Apple PowerBook G4, which ordinarily does very well what I need it to do—except that right now it is sitting on my lap and giving off enough heat to keep me warm on a cool day.
That might be welcome if today were a February day in Denver. But it’s August.
I’m in the mile-high city where the sun always seems to shine to moderate a discussion on sustainability for Coca Cola Enterprises, the big bottling company; to attend a bunch of events on the environment and energy; and to soak up the atmosphere as the Democrats and thousands of hangers-on here to nominate Barack Obama.
The Coke discussion went well, I thought—participants included the major of Atlanta, Shirley Franklin, who talked about the drought and water conservation, Majority Leader
-
Published: August 24, 2008
The other day, John McCain visited an oil rig in the Gulf of Mexico to call for more offshore drilling. The massive Chevron rig produces 10,000 barrels of oil a day.
Meanwhile, I just filled up my new Honda Fit with gas for the first time. After driving 282 miles, I bought 9.47 gallons at $3.62 a gallon. So I’m getting 29.6 mpg, mostly in the city.
What’s the connection? The actions of millions of Americans like me—as we trade big cars for smaller ones, drive less, or do both—are going to have a whole lot more impact on oil prices, more quickly, than drilling for more oil.
In fact, they already are. Gas prices have been falling by more than a penny per day and the price of oil has dropped from about $147 a barrel to about $115 a barrel in the last couple of months for one
-
Published: August 21, 2008
Not only is the world flat, it is amazingly interconnected. Who would have thought that Oreos or Cheez-Its could contribute to deforestation and global warming?
Today’s Sustainability column at fortune.com and cnnmoney.com looks at palm oil, the commodity that connects hundreds of products on supermarket shelves to the disappearing tropical forests of Malaysia and Indonesia.
Enviros who take a confrontational approach (Rainforest Action Network) as well as those who prefer to consult or collaborate (Conservation International, WWF) are attacking the palm oil problem. So are big agribusiness companies like ADM, Bunge and Cargill, although they’re not moving fast enough or far enough to satisfy the activists at RAN.
Interestingly, the palm oil story appears to be following a script
-
Published: August 20, 2008
The Environmental Working Group looked at nearly 1,000 sunscreen products and found that “4 out of 5 contain chemicals that may pose health hazards or don’t adequately protect skin from the sun’s damaging rays.
The Natural Resources Defense Council analyzed household air fresheners and found that “most contain chemicals that may affect hormones and reproductive development, particularly in babies.
The EPA was so concerned about keeping rodenticides—rat and mouse poisons—out of the hands of children that the agency ruled this spring that four of the most most hazardous types of pesticides will no longer be sold for personal use
These days, it seems like you can’t open the newspaper or, worse, search the Internet without hearing about the dangers of ordinary household
-
Published: August 12, 2008
While carbon offsets are controversial and always will be, they have enormous potential to promote an elusive goal: sustainable development. At their best, carbon offsets are a low-cost way to reduce greenhouse gas emissions, transfer clean technology to poor countries and help people out of poverty.
Which brings us to JPMorgan Chase and cook stoves.
The global Wall Street investment bank has begun subsidizing the production and distribution of efficient cooking stoves in Africa, an effort that could expand to India and southeast Asia as well. The project is the topic of today’s Sustainability column on fortune.com and cnnmoney.com. Here’s how it begins:
By any measure, it is a long way from the Park Avenue headquarters of JPMorgan Chase, the global investment bank that
-
Published: August 6, 2008
Carbon neutral, you may remember, was the word of the year back in 2006, but as my friend Joel Makower (executive editor of greenbiz.com, aka the guru of green business) has written, no one knows exactly what it means or even how to define a company’s carbon footprint.So when Dell announced today that the company had become carbon neutral, I decided to take a closer look in my Sustainability column at fortune.com and cnnmoney.com. Here’s how the column begins:Dell is announcing Wednesday that it has become carbon neutral by turning out the lights in its offices, buying wind power and protecting endangered forests in Madagascar.It’s all part of CEO Michael Dell’s commitment to make the company that he started back in 1984 “the greenest technology company on the planet.”But
-
Published: August 4, 2008
There’s a fair bit of cynicism out there about Product (Red), the celebrity-inspired idea that we can help poor victims of AIDS in Africa by going shopping. See, for example, the pointed parody at
www.buylesscrap.org, which says, among other things, “Join us in rejecting the ti(red) notion that shopping is a reasonable response to human suffering.”Then again, there’s this number: $110 million. That’s the amount of money that (Red) partners have generated for the Global Fund To Fight AIDS, Tuberculosis and Malaria to provide AIDS treatment in Ghana, Rwanda, Swaziland and Lesotho. Bono and Bobby Shriver created Product (Red) a couple of years ago, and now you can buy (Red) phones from Motorola, (Red) iPods from