Hershey’s Kisses Will Get A Makeover By 2016

4.8.2015 Blog post image

Hershey announced yesterday it will source enough certified and sustainable cocoa in 2016 to surpass the amount of cocoa required for the global production of four of its most popular chocolate brands including: Hershey’s Bars Kisses Kit Kat(United States only) Brookside This announcement comes a little more than a month after Hershey announced it would transition to “simpler ingredients” in its […]

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Environmental Costs Outweigh Corporate Profits

The 2015 State of Green Business report was just released, detailing the environmental performance of large companies around the world. The report, produced by GreenBiz and TruCost, illustrates the true costs of pollution, ecosystem depletion, and health impacts of unsustainable natural capital consumption by corporations and the alarming rate at which they are growing. According to the report, environmental costs, like greenhouse gas emissions and water abstraction (removing freshwater from the natural water cycle, and thus preventing its future use), would render most businesses unprofitable if they were responsible for paying for the impacts. The report found that environmental costs tallied up to $1 trillion (or 6.2% of GDP) for companies in the US, and $3 trillion worldwide. The authors state, “Over the past five years, the proportion of company profit at risk consistently exceeds 100 percent of their profit… This means that, on average, companies would be unprofitable if they had to pay the actual costs associated with the commodities they consume and pollution they generate.” It’s not all bad news, however. The report finds that the level of sustainable investment has been growing considerably in recent years. According the 2014 Trends Report published last November by US SIF: The Forum for Sustainable and Responsible Investment, cited in GreenBiz’s report, sustainable assets totaling $6.57 trillion represented almost 18% of the $36.8 trillion in total assets under management, a 76% increase over 2012. Social investors, joined by non-profits and growing consumer […]

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2015 Proxy Season Set to Break Record


According to the latest Proxy Preview  — the authoritative, annually-updated compendium of shareholder resolutions – the 2015 shareholder resolution season is set to break yet another record in terms of the number of resolutions filed on social and environmental issues. This means that corporate management, and shareholders, will face resolutions on some of the most pressing issues facing our society […]

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Wisconsin Utility Latest to Propose Anti-Solar Policy, Met with Strong Opposition

Wisconsin utility WE Energies recently proposed a hike in electricity rates on consumers, singling out residents who have opted to generate their own electricity through solar panels. The extra charge on residents who sell their excess power back to the grid has incited outrage at local and national levels. The utility claims the charges will cover the operating costs to the grid for customers with solar panels who aren’t paying the traditional rates, but all of the evidence surrounding the proposal suggests that this plan is little more than a reactionary measure from a company whose business model is in serious trouble. The proposal would raise the fixed charge on all residents’ power bills from $9 to $16 per month, and impose an additional fee for those who sell their excess electricity back to the utility through a policy known as “net metering.” A Wisconsin solar installer stated, “The demand charge of $3.80 per kilowatt (kW) per month works out to about $220 per year for a 5 kW system, a deterrent for potential solar customers and an unfair penalty for those who have already chosen to go solar.” A spokesperson for WE Energies said the company is seeking modest increases for the purpose of improving and modernizing their grid and complying with environmental standards. The company believes that it is unfair for those who generate their own electricity to use the grid without paying the same portion of the […]

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