November 12, 2008
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I have just returned from a meeting for the World Resources Institute Green Power Market Development Group that BT hosted at our headquarters in El Segundo, CA.
The group, of which BT is a member, is a collaboration of leading corporations and the World Resources Institute. It is dedicated to building corporate markets for green power. Our goal is to develop corporate markets for 1000 MW of new, cost competitive green power by 2010.
The agenda included a tour of the progress made with BT's solar installation (see the latest here) and a roundtable where members share and learn from each other's experiences and discuss pursuing collaborative projects in the green power space. It was interesting to compare this collaborative approach with the competitive approach presented by the X-Prize Foundation. The Foundation is planning a suite of future prizes in the energy and environment space.
The two approaches are complementary. The collaborative approach of the Green Power Market Development Group lends itself to the development of markets and commercial scaling up of tried and tested technologies. The higher risk, but higher reward competitive approach of the X-Prize will stimulate creativity, out of the box thinking and ultimately the breakthroughs we also need. It will be interesting to watch the initiatives that result from both paths.
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September 18, 2008
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The 2008 results of the Dow Jones Sustainability Index came out on September 6th. BT is the Global Super Sector Leader for the Telecommunications sector of the Dow Jones Sustainability Index. For eight years running. And it is a grand sounding title if ever I heard one, per the supporting commentary on BT from the DJSI team.
Criteria for the award cover economic, social and environmental sustainability dimensions. Of the 12 primary criteria, BT was the lead company in the sector on only four, so we cannot rest on our laurels as that leaves 8 criteria where at least one other company in the sector is ahead of us – just not the same company for each criterion.
In fact, I recall from last year that the DJSI commentary mentioned the competition was heating up (my words not theirs) and other players were narrowing our lead. This is all healthy competition, of course, because it means that the industry is forging ahead on sustainability. But, if sustainability is aligned with business benefit (and I believe it is), then it is a competitive advantage, too, and we want to stay ahead of our competitors.
On that note, I don’t see any American headquartered companies in the telecommunications sector. I assume that means they didn’t apply, but I don’t know why that would be. I see plenty in the technology sector including Cisco, Dell, HP, Intel and IBM (Intel is the Super Sector Leader).
I'll be discussing this report and the impact of ICT on the environment on September 24 at the European-American Business Council's Smart Energy Panel on Green ICT in Washington, DC.
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September 10, 2008
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I am always suspicious of companies that quote their "emissions avoided" as the primary measure of their environmental achievements, i.e., "If we hadn’t done this or that then our emissions would have been so much worse."
As supplementary information to reduced emissions, avoided emissions can be a valuable measure to help employees, customers and other stakeholders understand the relative contribution of energy reduction activities.
We do this at BT (mosske.blogspot.com). Our absolute emissions have been reduced from 1.2 M to 0.6M tonnes CO2 since 1996. In fact, last year we avoided 97k tonnes CO2 through our use of teleconferencing and about 50k tonnes through encouraging telecommuting. That helps employees really understand the contribution they are making to the whole, when they avoid traveling for a meeting and attend by teleconference instead – and that understanding is a great motivator. But, what really counts is the 0.6M tonnes CO2 absolute emissions. The avoided number is meaningless without the absolute reduction achieved. So, next time you see a company quote an achievement in terms of "avoided," look for the absolute number and, absent that, don’t give the avoided number any credence.
So, what does that have to do with "fat-free?" It reminds me of the claims I sometimes see on food stating, "95% fat-free." It’s the emissions that count, just like it’s the 5% fat that counts. The 95% avoided, while perhaps technically accurate, only tells half the story!
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