For decades, owning your own energy infrastructure was a point of pride. It meant independence, control and long-term value. But in today’s world of tight capital, rising utility risk and increasing operational complexity, that logic is unraveling fast.
Last year, as Coastal Enterprises, Inc. (CEI) conducted a strategic review as part of its leadership transition, we found ourselves asking the same questions that were being asked across the country, on both sides of the political aisle. At the heart of those questions was the recognition that our economy is not working for everyone. And a major takeaway was that rural regions, gateway cities, and the people who live there were being left behind.
So, why create LOCUS now? We are living in times when more traditional public sources of community and economic development funding are challenged; many local governments are still struggling with revenue shortfalls and federal budget impasse seems like a perpetual state of affairs. In Don Macke’s words, “finding the financial resources necessary for community building is increasingly challenged; that is why I have come to believe that philanthropic impact investing represents such a promising solution”.
CITGO President and CEO Asdrúbal Chávez recently conducted his first corporate meeting with top senior executives and management to review the Company’s 2017 results, including the record-setting safety performance and operational achievements. Building on this momentum into 2018, CITGO will continue to emphasize excellence in all aspects of its operations, with major refineries located in Lake Charles, La., Corpus Christi, Texas and Lemont, Ill.
The 2018 Green Power Leadership Awards application period will open February 5 and will close on April 6. EPA co-sponsors the Awards in conjunction with the Center for Resource Solutions (CRS). The awards recognize leading organizations that have helped further the green power market through their green power procurement, innovation, overall green power strategy, and impact.
Wind energy will help provide 30% of our Turnhout, Belgium manufacturing plant electricity needs, ensuring a sustainable environment. We recently installed our first wind turbine that will help power our Performance Tapes and Vancive Medical Technologies manufacturing plant’s electricity needs. Electricity for process manufacturing can account for a substantial portion of a factory’s energy budget, not to mention contributing to CO2 emissions.
Another year of pushing CLP Group’s sustainability work to the next level has borne fruit, with industry recognition earned in Hong Kong and beyond.
At the CDP Hong Kong and South East Asia awards, CLP was named the best performing Hong Kong company with a score of A- for its water programmes in 2017. It was ranked top of the Hong Kong-based or listed companies which participated in the CDP survey. The assessment was based on the climate change, water and forest-related data received from 1,073 of the world’s largest companies.
Beyond Hong Kong, CLP clinched the best ESG communications award in the IR Magazine Awards – Greater China 2017. The magazine has honoured excellence in investor relations around the world for over 25 years.
The Carolinas we know today are shaped from Dr. Gill Wylie’s simple idea more than 100 years ago. He wanted to turn water into electricity.
And with engineer William States Lee Sr. and millionaire industrialist James B. Duke, they started building a series of dams along the Catawba River to provide hydroelectric power for textile mills. This investment drove growth and helped the Carolinas transform from an agricultural economy to emerge as an economic force with manufacturing, retail and financial services.
The winners of the 2017 King Khalid Responsible Competitiveness (RC) Award were honored in the prestigious annual Award Gala that took place in December 2017 in Riyadh. King Salman recognized and acclaimed winning companies for their excellent sustainability and responsible competitiveness leadership, outstanding management practices and innovative social and environmental initiatives.
Consumers Energy announced today that it’s donating $10 million that will go directly to helping people in need with their energy bills – assistance that will help thousands of families to stay safe and warm through this cold Michigan winter.
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This podcast series takes a deep dive into the opportunities and challenges of ESG and what it means for businesses and communities through interviews...
In states where Key has a presence, there are approximately 1.7 million low- to moderate-income (LMI) households. Many LMI individuals don’t have bank...
This podcast series takes a deep dive into the opportunities and challenges of ESG and what it means for businesses and communities through interviews...
In states where Key has a presence, there are approximately 1.7 million low- to moderate-income (LMI) households. Many LMI individuals don’t have bank...
