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by Timothy B. Hurst
A gigaton is one billion tons. It's also the figure a new climate leadership award hopes to 1 day obtain in corporate carbon dioxide emissions. The winners from the first ever Gigaton Awards have been declared more than the weekend at the World Local weather Summit, which was held alongside the United Nations COP16 local weather talks in Cancun, and was co-hosted by Sir Richard Branson and Jose Maria Figueres of your Carbon War Area.
The nominees include Worldwide 1000 businesses across 6 sectors of business: Consumer Discretionary, Customer Staples, Industrials, Telecommunications, Energy, and Utilities.
The mission of your Gigaton Awards would be to inspire and challenge organizations to generate a big difference to climate modify and international sustainability. "This is a hopeful concept, one that says organizations can lead our approach to a steady climate," says Sunil Paul, founder of the Gigaton Awards.
I had a chance to talk with Sunil Paul, a cleantech investor and entrepreneur, in the course of a layover on his way to Cancun for your local weather talks and also the Gigaton Awards ceremony. Paul, who founded numerous companies like Brightmail, the leading anti-spam computer software now a part of Symantec,
Microsoft Office 2010 Product Key, is also co-founder and chair of the Clear Economic climate Network, a cleantech and green organization business.
Paul says organizations buy in to carbon reductions and the philosophy of the Gigaton Awards, "not since it feels very good, but because these steps impact the bottom line."
The irony of doling out awards for carbon reductions from the context of the largely unsuccessful worldwide carbon reductions regime wasn't misplaced on Paul, who said, "the concept is especially stark inside the absence of governments' ability to lead within the coverage entrance."
"We are shining the lights of final results and leadership towards a backdrop of inaction as well as a lack of leadership." Just yet another company environmental award?
With every one of the green certifications and environmental leadership awards previously lavished on corporations, does the entire world really need one more award? Sunil Paul says the Gigaton Awards are various.
"These are entirely distinctive. There's no other award that appears at quantitative indicators and makes use of a peer group to determine the ultimate award," he says.
While the nominees were determined by quantitative figures—reductions in carbon dioxide per dollar of profits determined by information collected inside the Carbon Disclosure Challenge for fiscal 12 months 2008 and fiscal 12 months 2009—the real selection of winners was created by an independent Academy and based on demonstrated leadership, not solely on quantitative actions.
"Leadership is about communication and that you are executing in your values," Sunil Paul emphasized.
Winners with the 2010 Gigaton Awards are:
- Nike for its power financial savings program aimed at minimizing its worldwide greenhouse fuel emissions,
- Reckitt Benckiser Group for demonstrating its leadership in mitigating danger from climate adjust and sustainable procedures,
- Suzlon for its achievement in managing its emissions and overall sustainability milestones,
- 3M for its leadership in improving electricity effectiveness and sustainable practices,
- Vodafone Group for its new business which offers carbon reducing connections, and
- GDF Suez for its demonstrated leadership by emitting between the lowest CO2 per kilowatt-hour produced in Europe.
Reprinted with permission from Earth & Industry