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Liberty Global Announces Environmental Targets
- Energy and emissions efficiency improve in 2013
- Publishes 2013 Corporate Responsibility Report
Denver, Colorado – July 27, 2014:
Liberty Global plc (“Liberty Global”) (NASDAQ: LBTYA, LBTYB and LBTYK) announces environmental targets as part of the company's commitment to Corporate Responsibility (CR). Liberty Global commits to improve the energy efficiency of its electricity consumption by 15% every year through 2020 (in kWh/TB), and be five times more carbon efficient (in metric tons of CO2e/TB) by 2020, using 2012 as our base year. We will normalize our environmental performance per terabyte (TB) of data transported through our networks as this measurement most closely represents the scale of our business and therefore the impact it has on the environment.
In 2013, Liberty Global began delivering on this multi-year commitment with a 29% increase in energy efficiency and a 32% increase in greenhouse gas (GHG) efficiency. These savings were primarily achieved through continued investment in new network technologies and the optimization of energy use at our data centers, as well as the production and procurement of renewable energy.
These targets are being released as part of our new 2013 Corporate Responsibility Report, entitled ‘Empowering a Digital Society’. This report provides a comprehensive overview of Liberty Global's performance against its strategic CR Framework and prior year commitments in four areas of focus: promoting a digital society, building trust with our customers, managing our environmental impacts and being a responsible business.
In developing the report, Liberty Global became an early adopter of the Global Reporting Initiative's G4 Framework, which has become the leading standard for sustainability reporting. ‘Empowering a Digital Society’ is written in accordance with the G4 Framework at a core level, which requires CR disclosures on topics that are of material interest to our stakeholders and support our business objectives.
In addition to our environmental performance, highlights of the report include:
- The refurbishment of 4.3 million set-top boxes and modems in 2013, avoiding 7,200 metric tons of waste that would otherwise have ended up in landfills, resulting in financial savings of $280 million
- Reducing the absolute energy consumption of our new Horizon Multimedia Gateway by 40%
- Improving broadband speeds in nearly all of our markets, and supporting “connectivity everywhere” for our broadband subscribers with hotspots, homespots and Community WiFi
- Paving the way for digital jobs through hosting CoderDojo workshops for young people to learn to create websites and applications
- Protecting children online with the launch of a new toolkit for teens called ‘The Web We Want’, developed by European Schoolnet
Rick Westerman, head of Liberty Global’s CR Committee, said: “Each year we embed our culture of Corporate Responsibility more deeply into our business, while adapting to the inevitable changes in our fast-paced markets, the aspirations of our increasingly sophisticated customers, and the significant growth of our company. 2013 was a pivotal year in which we acquired Virgin Media in the UK, creating substantial scale and greater opportunities to pursue our CR agenda. With the publication of these environmental targets, we are challenging our organization to achieve even more in the coming years."
Liberty Global’s 2013 CR Report can be accessed through http://www.libertyglobal.com/cr..
About Liberty Global
Liberty Global is the largest international cable company with operations in 14 countries. We connect people to the digital world and enable them to discover and experience its endless possibilities. Our market-leading triple-play services are provided through next-generation networks and innovative technology platforms that connected 25 million customers subscribing to 49 million television, broadband internet and telephony services at March 31, 2014.
Liberty Global's consumer brands include Virgin Media, UPC, Unitymedia, Kabel BW, Telenet and VTR. Our operations also include Liberty Global Business Services, our commercial division and Liberty Global Ventures, our investment fund. For more information, please visit http://www.libertyglobal.com or contact:
VERGE Accelerate returns to San Francisco this fall to provide a global stage for tech startups at the intersection of technology and sustainability. Sixteen hand-picked entrepreneurs will showcase their tech solutions before some of the world’s largest companies, investors and cities.
Now in its third year, VERGE Accelerate will take place during VERGE San Francisco 2014, October 27-30, the flagship in GreenBiz Group’s global event series focused on how technology accelerates sustainability solutions in a climate-constrained world. The event will have more than 1,200 corporate executives, city, state and federal government officials, utilities professionals and a broad spectrum of investors, thought leaders and early adopters in attendance, as well as an online audience in the thousands. Featured VERGE SF speakers include: Chris Anderson of 3D Robotics, Robyn Beavers of NRG Energy, Janine Benyus of Biomimicry 3.8 and Amory Lovins of Rocky Mountain Institute.
The Accelerate showcase, sponsored by Autodesk, is designed to elevate disruptive technologies, services or apps that address the systems explored at VERGE: buildings, energy, water, food, cities, transportation, logistics, supply chains and manufacturing. In rapid-fire pitches, entrepreneurs will present the specific problem they are addressing, their solution and what makes their product or service better than what’s currently available.
“Accelerating the market penetration of innovative technologies and new business models is primary to our mission with VERGE,” said Shana Rappaport, Director of Engagement for VERGE. “We’re excited about bringing a new set of entrepreneurs on to the VERGE stage, and the opportunity to advance their game-changing ideas.”
Previous Accelerate events have yielded impressive results for entrepreneurs. “Accelerate catapulted our idea onto the world stage at a critical moment, and we haven’t looked back,” said Aaron Selverston, co-founder and CEO of Owlized and a 2013 VERGE Accelerate participant. “It was our first public pitch, and due to the success it afforded us, will likely be our last.”
This year’s VERGE Accelerate program is strengthened by partnerships with allied organizations that support early-stage ventures. They include the Alchemist Accelerator, Cleantech Open, Code for America, Green Business BASE CAMP, Imagine H2O, San Francisco Mayor’s Office of Civic Innovation, SfunCube, Silicon Valley Robotics and Tumml.
"At Tumml, our mission is to support early-stage entrepreneurs developing solutions to our most pressing urban challenges," said Clara Brenner, CEO of Tumml. "We are so excited about the opportunity VERGE Accelerate presents to further amplify their important solutions on a global stage."
The VERGE Accelerate application process is currently underway. Interested companies are invited to review eligibility criteria and submit a 60-second video by August 1, 2014. Qualifying videos will be posted online and put to a vote by the VERGE community. To apply, or for more information, visit the VERGE Accelerate webpage.
For more information about VERGE San Francisco, visit GreenBiz.com/VERGE.
About GreenBiz Group
GreenBiz Group’s mission is to define and accelerate the business of sustainability. It does this through a wide range of products and services, including its acclaimed website GreenBiz.com and e-newsletters, GreenBuzz and VERGE; webcasts on topics of importance to sustainability and energy executives; research reports, including the annual State of Green Business; the GreenBiz Executive Network, a membership-based, peer-to-peer learning forum for sustainability executives; and conferences: GreenBiz Forum and VERGE.
Novartis Releases 2013 Corporate Responsibility Performance Report Using Best-in-class Reporting Standard, Increasing Transparency
Novartis has published a Corporate Responsibility (CR) Performance Report for 2013. The report reflects the best-in-class reporting standard, the Global Reporting Initiative’s (GRI) G4 guidelines, one year in advance of required implementation.
“Our corporate responsibility work is embedded in our business strategy, which is to use science-based innovation to improve patient health around the world. This would not be possible without ensuring trust among our stakeholders,” said Joseph Jimenez, Chief Executive Officer of Novartis. “We understand and respect the need to build trust through greater transparency and disclosure.”
The Performance Report enhances the company’s transparency in several key areas, including in human resources, supply chain and ethics, and aims to meet the needs and expectations of CR professional audiences by offering easy access to key data. The report also details progress against Novartis priorities, defined following a CR materiality analysis completed in 2013.
“We are proud of our progress in 2013 to help improve access to medicine and do business in a responsible way,” said Juergen Brokatzky-Geiger, Global Head of Corporate Responsibility. “We take this responsibility very seriously – because it’s the right thing to do for society and the right thing to do for our business.”
The company has a strong history of CR activities, and transparent reporting is a central part of our commitment to corporate responsibility. Novartis has publicly reported on our performance in this area since 2000 through its Annual Report and several online and printed materials. The 2013 CR Performance Report consolidates information previously published in our separate GRI; Health, Safety and Environment; and United Nations Global Compact reports. In 2013, Novartis made a number of changes to ensure more oversight of CR, including expanding the mandate of a Board of Directors committee to oversee corporate responsibility strategy and governance at the highest levels of the company.
The GRI’s fourth generation of CR reporting guidelines, G4, were launched in May 2013. They emphasize the need for companies to focus on the process of identifying topics that are material for corporate responsibility in their specific business and among their key stakeholders.
Highlights of Novartis achievements in 2013 include:
- Provided medicine to more than 100 million patients as well as health education, infrastructure development and other programs to another 8.1 million people worldwide
- Developed affordable vaccines for typhoid and paratyphoid A fevers, through the Novartis Vaccines Institute for Global Health
- Joined Malaria No More’s Power of One campaign and committed to donate up to 1 million pediatric antimalarial treatments every year through 2015
- Reached 4.5 million people with health education through “Healthy Family” Social Ventures in India, Kenya and Vietnam; programs recognized through several industry awards
- Worked with leading leprosy experts through the Novartis Foundation for Sustainable Development to develop a new strategy to help eliminate the disease
- Completed a best-in-class materiality assessment – based on surveys and interviews with approximately 100 internal and external stakeholders
- Launched Responsible Procurement, a new integrated approach to ethical issues in our supply chain including labor rights, health, safety and environment, animal welfare, and anti-bribery
- One of only six healthcare companies included in the Dow Jones Sustainability World Index
- Included in the new UN 100 Index as one of the best performing companies regarding adherence to the Global Compact’s 10 principles
- Reached Novartis employees worldwide with Code of Conduct training via e-learning; over 113 000 associates completed certification
- Saved 2.65 million gigajoules and USD 68 million through energy projects, achieving the 2015 Novartis target two years ahead of time
Find out more about our corporate responsibility activities online at www.novartis.com/corporate-responsibility/index.shtml.
This press release contains expressed or implied forward-looking statements, including statements that can be identified by terminology such as “strategy,” “aims,” “commitment,” “committed,” “launched,” or similar expressions. Such forward-looking statements reflect the current views of the Group regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by such statements. These expectations could be affected by, among other things, risks and factors referred to in the Risk Factors section of Novartis AG's current Form 20-F on file with the US Securities and Exchange Commission. Novartis is providing the information in this press release as of this date and does not undertake any obligation to update it in the future.
Novartis provides innovative healthcare solutions that address the evolving needs of patients and societies. Headquartered in Basel, Switzerland, Novartis offers a diversified portfolio to best meet these needs: innovative medicines, eye care, cost-saving generic pharmaceuticals, preventive vaccines, over-the-counter and animal health products. Novartis is the only global company with leading positions in these areas. In 2013, the Group achieved net sales of USD 57.9 billion, while R&D throughout the Group amounted to approximately USD 9.9 billion (USD 9.6 billion excluding impairment and amortization charges). Novartis Group companies employ approximately 135,000 full-time-equivalent associates and sell products in more than 150 countries around the world. For more information, please visit www.novartis.com.
Novartis is on Twitter. Sign up to follow @Novartis at twitter.com/novartis.
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