8 Aerospace and Defense
|
|
- Sherilyn Richardson
- 8 years ago
- Views:
Transcription
1 This table shows a list of topics identified as relevant by different stakeholder groups. They can be considered as stakeholders suggestions or requests for topics to be monitored or disclosed by organizations. Additional information about the project can be found at Research/Pages/default.aspx 8 Aerospace and Defense 16 s Manufacturers of civil or military aerospace, aircrafts and defense equipment, parts or products. Includes defense electronics and space equipment. Sustainability Environmental Emissions to air Landing and take-off (LTO) cycle Local air quality concerns concentrate on effects created during the landing and take-off (LTO) cycle as these emissions are released below 3,000 feet (915 metres) and releases from airport sources (such as airport traffic, ground service equipment, and de-icing). The contaminants emitted by aircraft and airport sources can affect human health and the environment. 280 Business Due to the increasing amount of residential development surrounding airports and the continued growth of commercial air travel, air pollution surrounding airports has become a significant concern Sustainability s for Sectors: What do stakeholders want to know? Page 1 of 13
2 Fuel consumption and alternative fuels Total CO 2, NO x, SO x, VOC emissions in million tonnes 153 Financial Markets & Information Users Emissions to air 1. Greenhouse Gases 2. Acid Rain, Eutrophication and Smog Precursors 3. Dust and Particles 4. Ozone Depleting Substances 5. Volatile Organic Compounds 6. Metal emissions to air Aircraft manufacturers also achieve lower fuel consumption by reducing the weight of aircraft, for example by using composites such as fibre glass and carbon fibres. Although still in its infancy, demand for alternative fuels is expected to grow in the coming years. Several manufacturers and airlines are already involved in programmes to develop and test alternative fuels. 109 Mediating 166 Mediating Jet kerosene prices have doubled since their low point in early With a share of 25% of total airline costs, the impact on airlines profits is substantial. Beginning January 1, 2012, all flights arriving or departing from EU airports, regardless of nationality or operator, will fall under the EU Emission Trading Scheme (ETS). As a result, airlines will have to pay for their CO2 emissions. The use of aircraft with lower emissions will be advantageous for airlines aiming to save costs. One of the key goals of the EU s recently published White Paper on Transport, Transport 2050, is to use 40% of sustainable low- Sustainability s for Sectors: What do stakeholders want to know? Page 2 of 13
3 carbon fuels in aviation by A report from the Aerospace Industries Association supports the assertion that biofuels may reduce the industry s exposure to oil price fluctuations and create environmental benefits. Three US Air Force fighter jets have made flights using a blend of biofuel and traditional jet fuel. In fact, the US Air Force is aiming to obtain half of its domestic jet fuel from alternative sources by Fuel efficiency of aircraft Flight distance and load Sector Report In the context of transport, fuel economy is the energy efficiency of a particular vehicle, and is given as a ratio of distance travelled per unit of fuel consumed. In aviation, fuel efficiency correlates directly to the distance an aircraft can fly, the amount of payload it can carry and, importantly, better environmental performance. Aviation efficiency can be achieved through aircraft design, engine design, reducing weight on the air craft, aircraft navigation etc... 8 Business Unlike ground vehicles, which don t need to be optimised for efficiency to the same extent as aircraft because they can refuel often, long-distance aircraft must carry all their fuel with them. Fuel is expensive, heavy and takes up a great deal of storage room. Its weight can limit the range of an aircraft and it needs to be stored in tanks which affect the wing size and the payload able to be carried. The Beginner s Guide explores how manufacturers are designing engines and aircraft to use less fuel, how the air traffic control system Sustainability s for Sectors: What do stakeholders want to know? Page 3 of 13
4 works and how governments and the industry are working together to make it more efficient and how airports are putting in place a number of energy reduction measures. Nuclear waste management Nuclear power reactor decommissioning Enviro.aero has been established by the commercial aviation industry body, the Air Transport Action (ATAG) Nuclear decommissioning refers to safe handling, at the end of life, of nuclear power reactors and nuclear facilities. As the first generations of such reactors reach the end of their original design lives and some countries review their nuclear power programmes, the number of reactors to be decommissioned in the next ten years is set to increase significantly. Each decommissioning presents particular technical challenges and risks to human health and the environment. The cost of decommissioning varies greatly, depending on the reactor type and size, its location, the proximity and availability of waste disposal facilities, the intended future use of the site, and the condition of both the reactor and the site at the time of decommissioning. It represents a substantial share of the cost of a nuclear power reactor s overall operations. The term decommissioning refers to safe management at the end of life of many different types of nuclear facilities and sites. Decommissioning is carried out at power stations, fuel processing facilities, research reactors, enrichment plants, nuclear and radiological laboratories, uranium mines and uranium processing plants. Reactors 530 Mediating Sustainability s for Sectors: What do stakeholders want to know? Page 4 of 13
5 that power submarines and ships (including ice breakers and aircraft carriers) must also be decommissioned. The biggest growth area for decommissioning is civilian nuclear power reactor which the peat accumulated. Radioactive waste disposal Social Labor conditions Consistent labor standards in all facilities Decommissioning typically generates two-thirds of all the very low, low, and intermediate level waste produced during a reactor s lifetime. As the number of nuclear power plants scheduled for decommissioning grows, countries need to be prepared to handle these levels of waste. The scale of the task ahead will require national and international regulation, extensive funding, innovative technology and large numbers of trained workers. One lesson that begins to emerge is that nuclear power plants should be designed from the start for safe and efficient decommissioning Decommissioning generates waste that can be categorized as low, intermediate and high level nuclear waste. Although the radioactive waste volumes are relatively small, high level waste contains 95 per cent of the radioactivity in waste from the nuclear power industry. It will need to be kept isolated for thousands of years Traditionally, aircraft manufacturers have had large labour forces with high wages and strong unions. However, intense competition is forcing many companies to cut costs and eventually relocate operations. These developments pose an increased risk for strikes against A&D companies. Due to the technologically sensitive nature of aerospace manufacturing, labour is generally 530 Mediating 166 Mediating Sustainability s for Sectors: What do stakeholders want to know? Page 5 of 13
6 shifted within the manufacturers country. However, some companies have begun transferring labour to emerging markets. This change also stems from the fact that the largest growth in the A&D industry is occurring in regions like China, India and the Middle East that will, in turn, try to transfer jobs and technology to their own economies. Aircraft manufacturers deal with strong unions that are large and well organized. Manufacturers face an increased risk of strikes due to planned relocation of operations. This causes unrest, which can result in new bargaining agreements and therefore higher labour costs for the companies involved. Historically, this sector has one of the least globalized workforces. This is changing as companies enter into joint-ventures in emerging markets or build manufacturing plants overseas. It is important that manufacturers apply the same labour standards throughout their facilities and implement monitoring systems. Controversial weapons Production and trade Sector Report As a result of these conventions and societal norms, a growing number of financial institutions are avoiding financial relationships with companies involved with these types of products. In run up to the Arms Trade Treaty, defense companies will increasingly be required to have proper policies and transparent reporting on their arms sales. 166 Mediating Sustainability s for Sectors: What do stakeholders want to know? Page 6 of 13
7 The A&D sector is the only industry that falls under the scope of international conventions prohibiting the development, production and trade of certain products, for example cluster munitions. Sustainalytics research indicates that approximately 60 listed companies are involved in so-called controversial weapons. Based on international conventions and ethical norms, the following weapons tend to be considered controversial: anti-personnel landmines, biological and chemical weapons, cluster weapons, depleted uranium, nuclear weapons and white phosphorus. In addition to the controversial weapons conventions already in place, governments are currently negotiating an additional Arms Trade Treaty expected to take effect in This treaty will cover the trade of conventional arms with controversial end-users Product innovation Emissions, energy consumption, efficiency and costs Sector Report In the commercial airline space, the convergence of economic and regulatory incentives has strengthened the link between environmental and economic performance. As a result, there has been a sustained push for products and technologies that lead to lower emissions and energy consumption, higher overall efficiency and lower operating and maintenance costs. This trend is likely to persist regardless of future macroeconomic developments, providing an incentive for continued innovation. 460 Financial Markets & Information Users Sustainability s for Sectors: What do stakeholders want to know? Page 7 of 13
8 Safety and reliability of aircraft Quality control in the supply chain In order to spread the risk burden of product qualityrelated claims, manufacturers increasingly transfer product quality risks to their suppliers. All major aircraft and engine manufacturers have faced severe product quality issues. These issues relate to insufficient safety management, supply chain management and challenges with new technologies. 166 Mediating Ensuring the safety and reliability of aircraft is of great importance to the airline industry. Human tragedies, huge financial claims and loss of reputation and business are all at stake. In light of these consequences, the industry takes product quality management extremely seriously. Through outsourcing manufacturers try to share the costs and the burden of product related risks. However, outsourcing creates extra risks in managing the production process and maintaining quality standards. Corruption Illicit arms transfers Sector Report an examination of the risk that arms are transferred in a process which risks being undermined by corruption at any stage 511 Civil Society Organization The arms trade particularly susceptible to the risk of corruption as a vehicle for illegal and undesirable arms transfers. Illicit arms transfers have negative consequences for international humanitarian law, human rights, and sustainable development as well as for efforts to combat violent organised crime and terrorism. Sustainability s for Sectors: What do stakeholders want to know? Page 8 of 13
9 Corruption, lobbying, conflicts of interest, proprietary information Political, procurement, personnel, financial and operational Related to Political, Procurement, Personnel, Financial and Operational risks From Global Principles: zero tolerance to corruption, use of advisors, managing conflicts of interest, respect for proprietary information The Aerospace & Defence sector is often seen as prone to bribery and corruption. This largely relates to the intense competition, high financial stakes and secrecy surrounding military procurement. Defence companies depend on governments in two ways: through procurement and export licenses. As a result, intensive lobbying is an almost integral feature of procurement in this industry. Transparency International (TI) describes the defence sector as one of the most secretive, and one in which it is difficult to openly discuss corruption issues. An initiative to combat bribery and corruption comes from two main industry bodies. The Aerospace Industries Association of America (AIA) and Aerospace and Defence Industries Association of Europe (ASD) have jointly developed the Global Principles of Business Ethics for the Aerospace and Defense Industry. These principles provide guidance to the sector on issues that may impact ethical business conduct. 446 Civil Society Organization 6, 166 Mediating Sector Report Sustainability s for Sectors: What do stakeholders want to know? Page 9 of 13
10 Other Business strategy Confidentiality approach Political accountability Ethical business conduct Nuclear weapons - Nuclear materials, technology and information On the weaponry and defense side of the business, the current geopolitical situation has led to an increase in both traditional and new security challenges that call for more flexible and intelligent technologies as well as solutions providing for better integration of systems and resources. Given the increasing focus on reputational and LTO (license to operate) issues, companies exposed to the industry s civilian and defense segments need to pay extra attention to local and international regulatory and ethical issues. Controlling who may or may not have access to nuclear materials, technology and information clearly has a key role to play in controlling the proliferation of nuclear weapons. There are various measures of political accountability that can be measured (contributions, disclosure, board oversight). Note that this topic is applicable to more than the three industries noted. Essentially the political accountability practices of any company that is owned by public stockholders. Political contributions, the amount of disclosure and board oversight are among the data items that would be helpful in a sustainability report. 460 Financial Markets & Information Users 219 Civil Society Organization 394, 616 Financial Markets & Information Users In making investment decisions (especially for investors interested in socially responsible investing) is would be helpful to understand how a given company is exposed to political risk (i.e. are they backing the winning Sustainability s for Sectors: What do stakeholders want to know? Page 10 of 13
11 candidate, are they subject to potential retribution, why do they find it necessary to make political contributions, etc.). I have found the information I reference to be helpful in constructing investment portfolios that take into account this attribute of sustainability. Since it is not currently an established parameter in the socially responsible investment industry ( adoption by the Global Reporting Initiative would go a long way in moving the topic of political accountability forward. 1 All references can be found at Sustainability s for Sectors: What do stakeholders want to know? Page 11 of 13
12 References All references can be found at 6 Aerospace Industries Association (AIA) & Aerospace and Defence Industries Association of Europe (ASD), Global Principles of Business Ethics for the Aerospace and Defence Industry. [Online] Available at: [Accessed 25 February 2013]. 8 Air Transport Action (ATAG), Beginners Guide to Aviation Efficiency, Department for Environment, Food & Rural Affairs (DEFRA), Environmental Key Performance Indicators: Reporting Guidelines for UK Businesses, European Federation of Financial Analysts Societies (EFFAS) and Society of Investment Professionals in Germany (DVFA), KPIs for ESG - A Guideline for the Integration of ESG into Financial Analysis and Corporate Valuation, Frankfurt am Main: EFFAS. European Social Investment Forum (Eurosif) & Sustainalytics, Aerospace & Defence 13th in a series. [Online] Available at: [Accessed 25 February 2013]. 219 Greenpeace International, Proliferation control no excuse to avoid disarmament, Amsterdam: Greenpeace International. 280 International Civil Aviation Organization (ICAO), Airport Air Quality Manual, Montréal: International Civil Aviation Organization (ICAO). 394 Nowak, T., Low Fee Socially Responsible Investing. 1st ed. Grayslake: Quantum Financial Planning LLC. 446 Pyman, M. (2011). Building Integrity and Countering Corruption in Defence & Security: 20 Practical Reforms, London: Transparency International UK Defence and Security Programme. 460 Robeco SAM, The Sustainability Yearbook 2012, Zurich: Robeco SAM. 511 Transparency International, Strategic Export Controls, London: UK Parliament. Sustainability s for Sectors: What do stakeholders want to know? Page 12 of 13
13 United Nations Environment Programme (UNEP), UNEP Year Book 2012, Emerging Issues in our Global Environment, Nairobi: UNEP Division of Early Warning and Assessment, United Nations Environment Programme. Zicklin Center for Business Ethics at the Wharton School of the University of Pennsylvania, CPA-Zicklin Index of Corporate Political Accountability and Disclosure, Washington, D.C.: Center for Political Accountability. Sustainability s for Sectors: What do stakeholders want to know? Page 13 of 13
48 Gas Utilities. 7 Topics
This table shows a list of topics identified as relevant by different stakeholder groups. They can be considered as stakeholders suggestions or requests for topics to be monitored or disclosed by organizations.
More informationThis is a summarised version of 3i s full policy. Responsible Investment policy APRIL 2014
This is a summarised version of 3i s full policy Responsible Investment policy APRIL 2014 Our policy 3i will use its influence as an investor to promote a commitment in our investee companies to: Comply,
More informationIntegrating environmental, social and governance risks and opportunities into the portfolio
POSITION PAPER Integrating environmental, social and governance risks and opportunities into the portfolio Background Different investors take different approaches to managing environmental, social and
More informationENVIRONMENT. Aviation. Property. Marine Services. Trading & Industrial. Beverages
ENVIRONMENT Our ultimate goal, which we first articulated in 2010, is for our operating companies to achieve zero net impact on the environment. We call this goal Net Zero. In, we developed a preliminary
More informationESG Integration - our approach. Nordea Asset Management
ESG Integration - our approach Nordea Asset Management Table of Contents Our mission 5 Nordea Asset Management 6 ESG and the investment process 8 Our ESG products 11 3 4 Our mission is to deliver returns
More informationThe Business Case for Sustainability
The Business Case for Sustainability The Business Case for Sustainability Whether managing downside risk, creating business value by incorporating sustainable solutions, or identifying innovative ways
More informationwww.pwc.com IEMA The Importance of Due Diligence Auditing in the transition to a Sustainable Economy Mark Thompson 9 December 2014
www.pwc.com IEMA The Importance of Due Diligence Auditing in the transition to a Sustainable Economy Mark Thompson 9 December 2014 Objectives The webinar should help you to understand: the types of transactions
More informationRenault-Nissan CSR Guidelines for Suppliers
Renault-Nissan CSR Guidelines for Suppliers May, 2010 Renault S.A.S. Nissan Motor Co., Ltd. Contents Introduction Highlights 1. Renault-Nissan Purchasing Way 2. CSR Guidelines for Suppliers (A) Overview
More informationPEACENEXUS INVESTMENT GUIDELINES
PEACENEXUS INVESTMENT GUIDELINES Introduction The overall purpose of PeaceNexus (PN) is to improve the effectiveness of peacebuilding. An investment that is aligned with this purpose does not fuel conflict,
More informationSustainability in KfW s Portfolio Management
Sustainability in KfW s Portfolio Management August 2013 Bank aus Verantwortung Motivation of KfW New corporate claim: Responsible Banking Responsible Banking implies: Reinforcing growth: Financing for
More informationINVESTMENT CODE. as appropriate, minimise adverse impacts and enhance positive effects on the environment, workers, and all stakeholders;
INVESTMENT CODE CDC s mission is to generate wealth in emerging markets, particularly in poorer countries, by providing capital for investment in sustainable and responsibly managed private sector businesses.
More informationMBJ Environmental Programmes
MBJ Airports Limited Environmental Policy The following is MBJ Airports Limited s (MBJ) Environmental Policy for Sangster International Airport (SIA): Integrate environmental management measures with planning,
More informationCIPS Sustainable procurement review
CIPS Sustainable procurement review Chartered Institute of Purchasing & Supply September 2011 Contents Content What is sustainable procurement? Relevance and impact Links with other standards and models
More informationAP ENVIRONMENTAL SCIENCE 2012 SCORING GUIDELINES
AP ENVIRONMENTAL SCIENCE 2012 SCORING GUIDELINES Question1 Read the following article from the Fremont Gazette and answer the questions that follow. (a) Identify and describe TWO water-related environmental
More informationGlobal Investor Forum Market Perspectives / Strategy. Marwan Lahoud, Chief Strategy and Marketing Officer London, 11th/12th December 2013
Global Investor Forum Market Perspectives / Strategy Marwan Lahoud, Chief Strategy and Marketing Officer London, 11th/12th December 2013 Safe Harbour Statement Disclaimer This presentation includes forward-looking
More informationSummary of Credit Suisse s Sector Policies and Guidelines
ccc Summary of Credit Suisse s Sector Policies and Guidelines CONTENT INTRODUCTION SUMMARY OF FORESTRY AND AGRIBUSINESS POLICY SUMMARY OF MINING POLICY SUMMARY OF OIL AND GAS POLICY SUMMARY OF CONTROVERSIAL
More informationCCS Roadmap. The regulatory framework
The regulatory framework April 2012 The regulatory framework We are: Ensuring that the CCS Commercialisation Programme provides practical experience with the regulatory framework and that the framework
More informationEMISSIONS OF AIR POLLUTANTS IN THE UK, 1970 TO 2014
STATISTICAL RELEASE: 17 DECEMBER 2015 EMISSIONS OF AIR POLLUTANTS IN THE UK, 1970 TO 2014 There has been a long term decrease in the emissions of all of the air pollutants covered by this statistical release
More informationTCO Certified Self-assessment Questionnaire
! TCO Certified Self-assessment Questionnaire A.7.2 Senior Management Representative, Socially Responsible Manufacturing Introduction: Completion of this Self-assessment Questionnaire is required under
More informationRC-17. Alejandro V. Nader National Regulatory Authority Montevideo - Uruguay
RC-17 Radiation Protection in Waste Management and Disposal Implementing the Joint Convention on the Safety of Spent Fuel Management and on the Safety of Radioactive Waste Management Alejandro V. Nader
More information2. Executive Summary. Emissions Trading Systems in Europe and Elsewhere
2. Executive Summary With the introduction of CO 2 emission constraints on power generators in the European Union, climate policy is starting to have notable effects on energy markets. This paper sheds
More informationBusiness and Other Risks
The JX Holdings Group (hereinafter, the JX Group) faces a variety of risks that may have an important impact on its business performance. The principal risks are those outlined below. Please note that
More informationYour investment in the LGS Account-Based Pension Plan is not guaranteed. The value of your investment can rise or fall.
Statement Fact How we invest your money This Fact Sheet is dated 6 January 2016. It provides additional information not contained in the PDS and therefore forms part of the Local Government Super (LGS)
More informationTHE CONSTRUCTION OF. Natural Gas 11% Coal 12% Industry 49% Nuclear 18%
THE CONSTRUCTION OF OLKILUOTO 3 IN FINLAND ND A CASE STUDY Summary The recent publication of the energy review and CoRWM s findings have ensured nuclear is currently top of the news agenda. With new build
More informationBilling Code: 4810-25. Guidance Concerning the National Security Review Conducted by the Committee
This document has been submitted to the Office of the Federal Register (OFR) for publication and is currently pending placement on public display at the OFR and publication in the Federal Register. The
More informationFlorida SUPPLY CHAIN MANAGEMENT. Executive Summary
Florida SUPPLY CHAIN MANAGEMENT Executive Summary SUPPLY CHAIN MANAGEMENT OVERVIEW Supply Chain Management (SCM) practices govern the selection of an appropriate mode for the movement of goods and materials
More informationNSS 2014 UK NATIONAL PROGRESS REPORT. March 2014
NSS 2014 UK NATIONAL PROGRESS REPORT March 2014 1. Support for the Convention on the Physical Protection of Nuclear Material and the International Convention for the Suppression of Acts of Nuclear Terrorism
More informationSustainable & Responsible Investment Policy
Sustainable & Responsible Investment Policy Local Government Superannuation Scheme Effective date: 1/05/2015 Purpose of policy The Local Government Superannuation Scheme (LGS) is established under a multi-division
More informationIBIS Policy Extractive Industries
IBIS Policy Extractive Industries October 2009 The aim of the IBIS Policy on Extractive Industries is to: Empower people and their organisations to influence decision-making on activities aimed at the
More informationCreating and Retaining Sustainable Good Green Jobs
RESOLUTION 10 Creating and Retaining Sustainable Good Green Jobs Submitted by the Executive Council Referred to the Legislation and Policy Committee ADDRESSING GLOBAL CLIMATE CHANGE, protecting our environment
More informationAn introduction to the. Principles for Responsible Investment
An introduction to the Principles for Responsible Investment Message from the UN Secretary-General The Principles have quickly become the global benchmark for responsible investing. Launched in April 2006,
More informationSUSTAINABLE ENERGY BLUEPRINT
SUSTAINABLE ENERGY BLUEPRINT A PLAUSIBLE STRATEGY FOR ACHIEVING A NO-NUCLEAR, LOW- CARBON, HIGHLY-EFFICIENT AND SUSTAINABLE ENERGY FUTURE The following statement outlines an ambitious but doable strategy
More informationSANITATION COUNTRY PROFILE NORWAY
SANITATION COUNTRY PROFILE NORWAY Decision-Making Programmes and Projects Status Capacity-Building, Education, Training and Awareness-Raising Information Research and Technologies Financing Cooperation
More information2374-19. Joint ICTP-IAEA School of Nuclear Energy Management. 5-23 November 2012. Nuclear Security Fundamentals Module 9 topic 2
2374-19 Joint ICTP-IAEA School of Nuclear Energy Management 5-23 November 2012 Nuclear Security Fundamentals Module 9 topic 2 EVANS Rhonda, IAEA Department of Nuclear Safety and Security Office of Nuclear
More informationGlobal Risk & Trading Practice HOT COMMODITIES VOLATILE COMMODITY PRICES SHOULD BE ON THE CEO S RADAR SCREEN. John Drzik
Global Risk & Trading Practice HOT COMMODITIES VOLATILE COMMODITY PRICES SHOULD BE ON THE CEO S RADAR SCREEN John Drzik VOLATILE COMMODITY PRICES Japan s nuclear crisis and political unrest in the Middle
More informationReporting criteria for selected key performance indicators in the 2014 Responsible Business Report
Reporting criteria for selected key performance indicators in the 2014 Responsible Business Report Introduction This Reporting Criteria document details the approach and scope applied to key environmental
More informationA sustainable energy and climate policy for the environment, competitiveness and long-term stability
2009-02-05 A sustainable energy and climate policy for the environment, competitiveness and long-term stability The party leaders of Alliance for Sweden entered into an agreement today on a long-term,
More informationThe United States: An Aerospace Nation Remarks of Ambassador Duane E. Woerth AeroMontréal Innovation Forum As prepared for delivery December 2, 2013
The United States: An Aerospace Nation Remarks of Ambassador Duane E. Woerth AeroMontréal Innovation Forum As prepared for delivery December 2, 2013 After 40 years of piloting aircraft and working on aerospace
More informationFujitsu Group s Environmental Management: Outline of Environmental Protection Program (Stage IV)
Fujitsu Group s Environmental Management: Outline of Environmental Protection Program (Stage IV) V Hideru Yamaguchi (Manuscript received March 9, 2005) Environmental activities are an important element
More informationNuclear Power Policy in Russia
Theocharis Grigoriadis FB Wirtschaftswissenschaft, Osteuropainstitut Nuclear Power Policy in Russia 19th REFORM Group Meeting Salzburg, 5th September 2014 Key Questions What is the role of nuclear power
More informationGRI Content Index (CSR Report 2005)
GRI Content Index (CSR ) This report uses GRI Sustainability Reporting Guidelines 2002 as a reference. Toshiba requested Shinnihon Integrity Assurance Inc. (SIAI) to conduct an independent thirdparty review
More informationNIBC Retail Services
NIBC Retail Services 1. INTRODUCTION NIBC provides a range of financial services to the retail services industries. Specifically, we finance or advise clients involved in fashion, specialty retailing,
More informationCODE OF CONDUCT Ethical rules and guidelines
CODE OF CONDUCT Ethical rules and guidelines CONTENT Introduction... 3 Our customers... 5 Employees... 7 The world around us... 9 Communication & dialog... 11 Security, theft & loss... 13 Environment...
More informationGHG Reporting Guidance for the Aerospace Industry A Supplement to the GHG Protocol Corporate Accounting and Reporting Standard
GHG Reporting Guidance for the Aerospace Industry A Supplement to the GHG Protocol Corporate Accounting and Reporting Standard International Aerospace Environmental Group Working Group 3 TM TM Publish
More informationDeveloping a sustainable framework for UK aviation
Developing a sustainable framework for UK aviation Response from the engineering profession (Engineering the Future) which includes: The Royal Academy of Engineering The Institution of Engineering and
More informationSpeech of Mr. Raoul Starmans, Vice President of Royal TenCate China at the ITMF Conference 2014 in Beijing, China
Speech of Mr. Raoul Starmans, Vice President of Royal TenCate China at the ITMF Conference 2014 in Beijing, China Composites in China 1: Introduction Good morning Ladies and Gentlemen! It is my pleasure
More informationFUNDAMENTALS OF A STATE S NUCLEAR SECURITY REGIME: OBJECTIVE AND ESSENTIAL ELEMENTS
IAEA NUCLEAR SECURITY SERIES NO. FUNDAMENTALS OF A STATE S NUCLEAR SECURITY REGIME: OBJECTIVE AND ESSENTIAL ELEMENTS Revision 17.04 Page 1 of 20 FOREWORD [TO BE PROVIDED BY THE SECRETARIAT AT A LATER TIME]
More informationAirport Charges. Airport Charges for Swedavia AB.
Charges Charges for Swedavia AB. Valid for aircraft with an authorised MTOW exceeding 5,700 kg. Valid from April 1, 2015 (Revised August 15). Appendix 1 to Conditions of Services, Swedavia AB Contents
More informationResponsibility Deal between Government and the waste and resource management sector. June 2011
www.defra.gov.uk www.esauk.org Responsibility Deal between Government and the waste and resource management sector June 2011 Department for Environment, Food and Rural Affairs Nobel House 17 Smith Square
More informationCisco Supply Chain Sustainability FAQ
Cisco Supply Chain Sustainability FAQ Q: What does Cisco mean by sustainability? A: Business for Social Responsibility (BSR) has defined a sustainable business as one that delivers value for investors,
More informationSustainability in Global Supply Chains Information and Guidance for Companies
Sustainability in Global Supply Chains Information and Guidance for Companies econsense Discussion Paper Publisher/Editor: econsense Forum for Sustainable Development of German Business Oberwallstraße
More informationBusiness Principles September 2014
Business Principles September 2014 1. INTRODUCTION 2. BUSINESS PRINCIPLES 2.1 Core Principle We behave honestly, fairly and with integrity 2.2 Overarching Principle We manage risk and seek to continually
More informationRevealing the costs of air pollution from industrial facilities in Europe a summary for policymakers
Revealing the costs of air pollution from industrial facilities in Europe a summary for policymakers A new European Environment Agency (EEA report, Revealing the costs of air pollution from industrial
More informationSustainability and Materiality in the Natural Resources Sector
Sustainability and Materiality in the Natural Resources Sector ABOUT SUSTAINALYTICS Sustainalytics is an international and independent sustainability research and services provider. Our global perspective
More informationCurriculum Vitae Nicolas Brizard
Curriculum Vitae Nicolas Brizard Name : Brizard, Nicolas Email : N.Brizard@sqconsult.com Date of Birth : October, 6th, 1967 Place of Birth : France Nationality : French KEY QUALIFICATIONS Nicolas Brizard
More informationCROWN LAW STATUTORY OFFENCES REQUIRING THE CONSENT OF THE ATTORNEY-GENERAL
CROWN LAW STATUTORY OFFENCES REQUIRING THE CONSENT OF THE ATTORNEY-GENERAL As at 1 July 2013 Antarctica Act 1960 s 3 Offences in Ross Dependency or any part of Antarctica other than the Ross Dependency
More informationEnvironmental Accounting Guidelines
Environmental Accounting Guidelines 2002 March 2002 Ministry of the Environment Contents Introduction... 1 1. What is Environmental Accounting?... 3 1.1 Definition...3 1.2 Functions and Roles of Environmental
More informationResponsible Investment Solutions. Summary criteria
Responsible Investment Solutions For professional investors only Responsible Investment Solutions Summary criteria Responsible investment solutions BMO Global Asset Management (EMEA) has a progressive
More informationESG ANALYSIS OF COMPANIES IN POLAND. ESG transparency as competitive advantage for listed companies
ESG ANALYSIS OF COMPANIES IN POLAND ESG transparency as competitive advantage for listed companies organizers: honorary PatronaGe: ESG transparency as competitive advantage for listed companies Publication
More informationPNO Media Pension Fund. Pension special. Information on the investment policy of PNO Media Pension Fund 31 January 2008
PNO Media Pension Fund Pension special Information on the investment policy of PNO Media Pension Fund 31 January 2008 Socially Responsible Investment Code The fact of twilight does not mean you cannot
More informationOUR CODE OF ETHICS. June 2013
OUR CODE OF ETHICS. June 2013 OUR CODE OF ETHICS GUIDING PRINCIPLES Ethical behaviour is an integral part of the way we do business. It's crucial that all our stakeholders are able to trust us to treat
More informationInternational Action Plan On The Decommissioning of Nuclear Facilities
International Action Plan On The Decommissioning of Nuclear Facilities A. Introduction Decommissioning is defined by the International Atomic Energy Agency (the Agency) as the administrative and technical
More informationBirmingham City University / Students Union Aspects and Impacts Register. Waste. Impacts description
Birmingham City University / Students Union and Impacts Register Waste Production of non - hazardous waste Production of hazardous waste Storage of non - hazardous waste Potential for waste to be disposed
More informationZero cost solutions for driving energy savings
Zero cost solutions for driving energy savings Zero cost solutions for driving energy savings and delivering sustainability through LED Lighting Businesses looking to cut energy costs, reduce carbon emissions
More informationAir Quality: Public Health Impacts and Local Actions
Air Quality: Public Health Impacts and Local Actions This briefing is to inform public health professionals of the public health impacts of air pollution, the sources of air pollution and measures available
More informationHow To Manage Sustainability In Investment
Interview How sustainable is sustainable investment? 30 Update IV/2014 Editor-in-chief Marty-Jörn Klein talking to Dr Steffen Hörter, Co-Head Investment Consulting & Portfolio Analytics, AllianzGI Global
More informationFOOD 2030: How we get there
FOOD 2030: How we get there FOREWord Food sustains us. Producing it provides jobs, supports our economy, and helps shape the character of our landscape and our countryside. A vibrant food culture has developed
More informationHarvesting energy with fertilizers
Harvesting energy with fertilizers Sustainable agriculture in Europe 1 Harvesting energy with fertilizers The reason for agriculture s existence is to supply energy to mankind. Agriculture converts solar
More informationsustainable gains in energy policy. While the report addresses energy policies comprehensively, the following sections highlight these three topics.
EXECUTIVE SUMMARY 01 A small, somewhat isolated country, Finland takes a balanced view of its energy policy, taking advantage of its situation wherever possible. Where it can leverage its location and
More informationBRUNEI DARUSSALAM'S SECURITY CONCEPTS AND PERCEPTIONS
ARF WORKSHOP 21-22 JUNE 2005 ULAANBAATAR, MONGOLIA BRUNEI DARUSSALAM'S SECURITY CONCEPTS AND PERCEPTIONS Overall, Brunei Darussalam security assessment remains peaceful and stable. However, the range of
More informationDraft Scope 2 Accounting Guidance: What it could mean for corporate decisions to purchase environmental instruments
Draft Scope 2 Accounting Guidance: What it could mean for corporate decisions to purchase environmental instruments September 2014 Corporate Scope 2 accounting has traditionally been relatively straight
More informationTHE UK CLIMATE CHANGE PROGRAMME AND EXAMPLES OF BEST PRACTICE. Gabrielle Edwards United Kingdom
Workshop on Best Practices in Policies and Measures, 11 13 April 2000, Copenhagen THE UK CLIMATE CHANGE PROGRAMME AND EXAMPLES OF BEST PRACTICE Gabrielle Edwards United Kingdom Abstract: The UK published
More informationDomestic energy bills and costs of implementing environmental measures
Domestic energy bills and costs of implementing environmental measures The Sustainable Development Commission has analysed household electricity and gas bills to show the contribution of the additional
More informationNaval Energy. A Strategic Approach
Naval Energy A Strategic Approach October 2009 Message from the Secretary of the Navy I am committed to the Department of the Navy taking a leadership role in energy reform, not just within the Department
More informationBusiness Ethics Policy
Business Ethics Policy The WCH Ltd Ethics Code The business philosophy of WCH has been developed around a core set of values which are fundamental to the organisation s development and success. One of
More informationGenerating Current Electricity: Complete the following summary table for each way that electrical energy is generated. Pros:
P a g e 1 Generating Current Electricity: Complete the following summary table for each way that electrical energy is generated. Generating Electrical Energy Using Moving Water: Hydro-Electric Generation
More informationWorld Energy Outlook 2007: China and India Insights. www.worldenergyoutlook.org International Energy Agency
World Energy Outlook 27: China and India Insights www.worldenergyoutlook.org International Energy Agency Why Focus on China & India? Increase in World Primary Energy Demand, Imports & Energy-Related CO
More informationof bioenergy and actions
SustainabILITY of bioenergy Fortum s POSITION and actions The key opinions and actions in the sustainable utilisation of bioenergy at Fortum are presented below. The guidelines contribute to Fortum s Sustainability
More informationEnhancing Competitiveness through Sustainable Supply Chain. Clearstream Solutions. Greener Business
Enhancing Competitiveness through Sustainable Supply Chain Clearstream Solutions Greener Business Agenda Understanding Sustainability : Competitive advantage or disadvantage for Ireland? Why focus on sustainable
More informationAutostrade per l Italia Communication on Progress (COP) Fiscal Year 2007
Autostrade per l Italia Communication on Progress (COP) Fiscal Year 2007 AREA OF APPLICATION PRINCIPLE ACTIONS AND RESULTS HUMAN RIGHTS 1. Businesses should support and respect the protection of internationally
More informationSustainable Supply Chain Policy
Sustainable Supply Chain Policy 1. Contents Page 2. Introduction & Purpose 1 3. Definitions 1 4. Benefits of a Sustainable approach to the Supply Chain 2 5. Operational Context 2 6. Elements & Principles
More informationNordea Asset Management. Our Approach on Climate Change
Nordea Asset Management Our Approach on Climate Change Introduction Scientific fact base The Intergovernmental Panel on Climate Change (IPCC) Fifth Assessment Report concludes that Climate change and
More informationA comparison of selected US and European codes of business ethics/conduct in defence contractors with particular reference to bribery and corruption
A comparison of selected US and European codes of business ethics/conduct in defence contractors with particular reference to bribery and corruption by Simon Webley Research Director Institute of Business
More information310 Exam Questions. 1) Discuss the energy efficiency, and why increasing efficiency does not lower the amount of total energy consumed.
310 Exam Questions 1) Discuss the energy efficiency, and why increasing efficiency does not lower the amount of total energy consumed. 2) What are the three main aspects that make an energy source sustainable?
More informationHow To Strengthen Nuclear Security
COUCIL OF TH UROPA UIO N The Hague, 25 March 2014 8193/14 (OR. en) PRSS 187 The Hague uclear Security Summit Communiqué We, the leaders, met in The Hague on 24 and 25 March 2014 to strengthen nuclear security,
More informationMobilizing capital towards a low-carbon economy
Mobilizing capital towards a low-carbon economy Anthony Hobley CEO, Carbon Tracker Initiative Bruegel, Brussels 27 th April 2015 Who Are We? Identity Mission Strategy Carbon Tracker is a non profit financial
More informationACCOUNTING FOR ASIA S NATURAL CAPITAL
ACCOUNTING FOR S NATURAL CAPITAL DRIVING THE TRANSITION TO A RESOURCE-EFFICIENT GREEN ECONOMY Asia s rapid economic growth during recent decades has been accompanied by serious depletion of the region
More informationThe EU Emissions Trading System (EU ETS)
The EU Emissions Trading System (EU ETS) y The EU ETS is the cornerstone of the European Union s drive to reduce its emissions of man-made greenhouse gases which are largely responsible for warming the
More informationCase Study BOEING 787: GLOBAL SUPPLY CHAIN MANAGEMENT TAKES FLIGHT. Leveraging Global Partners to Maximize Customer Value
Case Study Company Profile World s leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined Goal Leverage global partners to reduce cost, speed time-to-market
More informationAirport Charges. Airport Charges for Swedavia AB
Charges Charges for Swedavia AB Valid for aircraft with an authorised MTOW exceeding 5,700 kg from 1 April 2016. Revised 19 May. Appendix 1 to Conditions of Services, Swedavia AB. Contents 1 General...
More informationGood afternoon, and thanks to the Energy Dialogue for your kind invitation to speak today.
Good afternoon, and thanks to the Energy Dialogue for your kind invitation to speak today. Europe is at the forefront of a global transition to a cleaner energy economy. At the same time globally energy
More informationEU renewable energy and biofuel targets what will they mean?
EU renewable energy and biofuel targets what will they mean? Background The EU Commission has today tabled proposals for reductions in carbon dioxide emissions a 20% cut by 2020. Alongside this legally
More informationNon Domestic energy consumption 2013 Kent Local Authorities (Previously Industrial & Commercial energy use)
[Business Intelligence Statistical Bulletin June 2015 Non Domestic energy consumption 2013 Kent Local Authorities (Previously Industrial & Commercial energy use) Related documents Domestic energy consumption
More informationEconomic and Social Council
UNITED NATIONS E Economic and Social Council Distr. GENERAL CEP/AC.10/2005/5 12 April 2005 ORIGINAL: ENGLISH ECONOMIC COMMISSION FOR EUROPE COMMITTEE ON ENVIRONMENTAL POLICY Working Group on Environmental
More informationNew Proposed Department of Energy Rules to Clarify and Update Part 810. By Shannon MacMichael and Michael Lieberman of Steptoe & Johnson, LLP 1
New Proposed Department of Energy Rules to Clarify and Update Part 810 I. Introduction By Shannon MacMichael and Michael Lieberman of Steptoe & Johnson, LLP 1 Since April 2010, when former U.S. Secretary
More informationBES 6001 Issue 3 Guidance Document
BES 6001 Issue 3 Guidance Document This guide is intended to give an understanding of BES6001:2014 Framework Standard for Responsible Sourcing. It is not a controlled document. 3.2.1 Responsible Sourcing
More informationUK Aerospace Industry Survey
2010 UK Aerospace Industry Survey Advancing UK AeroSpace, Defence and Security industries Contents A message from the A D S President 4 Executive summary 6 3 Sustainable Aerospace 8 Revenue 10 Orders
More informationWho We Are. First Aircraft and Aircraft Acquisition
A i r c r a f t M a n a g e m e n t Who We Are FlairJet, based at Oxford Airport, was established in 2009 and has developed a first class reputation for quality, service, safety and transparency. As part
More informationOLD MUTUAL S RESPONSIBLE INVESTMENT POLICY
OLD MUTUAL S RESPONSIBLE INVESTMENT POLICY >> CONTENTS 1 OLD MUTUAL S RESPONSIBLE INVESTMENT POLICY 01 Our understanding of responsible investment Responsible investment compared to investment in sustainability
More information