Green Numbers: The Inspiring Stats

Want to read something inspiring? How about a few stats on how green, social and ethical issues are being implemented in corporate Canada (and global multinationals) every day?

Here's a few inspiring stats:

• What are 88% of companies willing to try?
  Nearly nine in 10 companies are currently undertaking carbon offsetting activities or would consider offsetting in the future, according to a survey of carbon management trends.
• What can increase a company's value by 80%?
  Tackling climate change could boost company value in six sectors worth a total of $7 trillion, according to a new report by the Carbon Trust.
• What has the possibility of cutting CO2 by 20%
  PLENTY magazineTom Casten, founder of Recycled Energy Development (RED) posits the US can cut 20% of its CO2 emissions if companies capture the wasted heat from their industrial processes and turn it into electricity. The idea of capturing wasted heat-–particularly the steam that billows from industrial stacks—and converting it into energy is again gaining buzz.
• Who is expecting 160% ROI on climate spending?
  Cleaning products giant JohnsonDiversey has joined the U.S. EPA's Climate Savers program, pledging $19 million toward emissions reduction efforts that the company expects will save $31 million over the next five years.

Interest peaked? Want a few more stats? Go to: By The Numbers

It's Good to Be Green, Says Nortel CEO

Going Green is Good for Business, says Nortel CEO

It is imperative that businesses quickly recognize the need for environmentally sound behaviors and match these with good business practices, said Mike Zafirovski said today at FORTUNE's first-ever GREEN Conference in Pasadena, Calif.

The Nortel president and CEO participated in the conference as part of the Canadian company’s ongoing commitment to create products and services that make it possible for enterprises and service providers to be more energy efficient while reducing their carbon footprint. This commitment includes elements of Nortel's data portfolio, which is recognized by The Tolly Group, an independent IT validation service, as the industry's greenest – helping to reduce energy consumption by as much as 50%.

"The integration of environmental responsibility into corporate business models is not only the right thing to do but a necessity for business success," Zafirovski said. "As a businessman, my perspective always starts with a mandate to enhance shareholder value. But even with this as my focus, I strongly believe the time is right for business and society to get together to address today's environmental problems."