Corporate boards are not leading companies where they need to go
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February 3, 2021 |
Impact Voices
Corporate boards are not leading companies where they need to go
Guest Author
Tensie Whelan
As it reported its fourth straight quarterly loss yesterday, Exxon tried to deflect a growing shareholder revolt by adding an independent board member and announcing investments in low-carbon technology.
PHOTO COURTESY OF RANDY DEL VALLE
PHOTO COURTESY OF RANDY DEL VALLE
PHOTO COURTESY OF RANDY DEL VALLE
Facility made of upcycled materials is considered a âmilestoneâ
ITâS ALL ABOUT promoting a âcircular economy,â says Randy Del Valle, Pilipinas Shell general manager and VP for its mobility business in the country.
Partnering with Green Antz Builders, the global energy companyâs Philippine operations recently completed its very first retail station in the country using so-called eco-bricks. Green Antz Builders made the eco-bricks from upcycled plastic waste. In this case some 15,000 Shell lubricant bottles, Select water bottles, and other materials sourced by the community in Plaridel were processed into 26,512 bricks used in the construction.
Source:Â Sustainable Business Council and Climate Leaders Coalition
The Sustainable Business Council (SBC) and the Climate Leaders Coalition (CLC) have welcomed the independent Climate Change Commissionâs first package of draft advice to Government released today, ahead of tomorrowâs six-week public consultation.
Executive Director of the Sustainable Business Council Mike Burrell says, â2021 represents a critical moment for New Zealand if we are to ensure we are on track to achieve our zero-carbon goal and meet our international commitments. The Commissionâs report clearly shows that we are not on track. But we can get there if we up our game on climate action.â
Packaging giant Mondi targets 100% reusable, recyclable or compostable products by 2025
As part of a new sustainability strategy which it claims is aligned with the UN s Sustainable Development Goals (SDGs), one of the world s biggest packaging and paper companies has pledged to phase-out products that can t be recycled, reused or composted.
Pictured: Paper production equipment at a facility in Sweden. Image: Mondi Group
Mondi’s new ten-year action plan, called MAP2030, will require sweeping changes across the company’s global value chain. Its focus points are the circular economy, climate action and empowering people.
The new commitment on recyclability, reusability and compostability falls into the first category and has a 2025 deadline. Many other businesses are already working towards this aim in this timespan through initiatives like WRAP’s UK Plastics Pact. Mondi’s group head of sustainable development Gladys Naylor recently wrote a blog for edie outlining the oppor
upcycled plastic eco-bricks in the Philippines, and the first in Shell’s worldwide network.
Pilipinas Shell has partnered with Green Antz Builders to build a retail station in Plaridel, Bulacan using eco-bricks made from upcycled plastic waste – a first not only in the country, but for the Shell global group. General Manager and Vice President for Shell
Mobility Philippines Randy Del Valle.
“This past year has been all about accelerating our transformation to do better in our financial, social, and environmental dimensions,” said Pilipinas General Manager and Vice President for Shell Mobility Philippines Randy Del Valle. “At Shell, we believe that this milestone station will not only help us reduce our carbon footprint and meet our ambition to reduce, reuse, recycle waste, but also set a precedent for smarter and cost-efficient station design.”