Corporate leaders and experts on global warming and climate change policy came together on Earth Day, 2013, in Sausalito, California for REDD+ Talks, an inaugural event, which addressed business leaders on how emissions from deforestation contribute to global warming and how this will affect their businesses.
General Manager of PUMA, Martyn Bowen, said in his talk, “We need to go further than just having CSR. We need to go further than just doing less bad. We need to start doing more good.”
Advocated by companies including Microsoft and Allianz in addition to PUMA as an immediate and proven solution to address the negative effects of climate change, REDD+ (Reducing Emissions from Deforestation and Degradation) is a climate change mitigation strategy envisioned by the United Nations to help stop the destruction of the world’s forests.
Wildlife Works, the world’s first company to successfully develop a REDD+ project that achieved verification under the voluntary carbon market’s most rigorous standards, originated REDD+ Talks to garner support for REDD+ from US corporations.
CSRwire, the nation’s leading source for corporate social responsibility and sustainability news, reports, events and information, co-sponsored the event with Code REDD, a nonprofit, REDD+ industry association that represents REDD+ project developers around the world.
Presentations from the Earth Day REDD+ Talks symposium can be viewed on www.REDDtalks.com. Over the coming weeks, CSRwire will profile several corporate leaders who have taken steps towards carbon neutrality and will explain their companies’ emissions reduction goals, why they have chosen to offset unavoidable emissions with REDD+ credits and how doing so has benefitted their companies.
Addressing Climate Change: Leading Expert Endorses REDD
REDD+ Talks keynote speaker, Nobel Laureate Dr. Rajendra Pachauri, Chairman of the Intergovernmental Panel on Climate Change (IPCC) established by the United Nations, said, “It’s beyond the range of doubt that the climate of the earth is changing…There is, of course, fortunately, enormous potential for the mitigation of global greenhouse gas emissions…and REDD is an extremely important part…if mounted affectively, can give you pretty quick and large-scale results.”
Microsoft Ups the Ante: Putting a Price on Carbon
Protecting threatened forests under a REDD+ program generates carbon credits, which can be used by companies to offset their unavoidable emissions and pay for the cost to keep a forest standing. Microsoft’s Senior Director of Environmental Sustainability, TJ DiCaprio, outlined the company's emission reduction goals and put REDD in context:
“We’ve put a price on carbon. We have an internal carbon fee. Each of our 14 business divisions across 110 countries is now charged an additional fee that’s associated with the carbon emissions from energy consumption and business air travel…We are taking action in our own way to demonstrate environmental responsibility and ask other organizations do the same thing. It’s a very simple repeatable model: putting a price on carbon, collecting the funds, driving accountability out to the different parts of the organization, and then using these funds to support projects like, [Wildlife Works’] Kasigau REDD+ Project. The impact on the business has been significant.”
With policy makers moving dangerously slow to implement legislation that includes REDD+ to help curb greenhouse gasses as well as regulate major emitting businesses, throughout the day, climate change experts repeatedly echoed the urgency of the situation and stressed the moral responsibility businesses have to take care of the emissions they create and why it is not acceptable for corporations to earn profits at the expense of the environment and people.
Each year, 7 billion tonnes of C02 are released into the atmosphere as 35 million acres of forest are destroyed due to slash and burn agriculture, legal and illegal logging and charcoal production.
Deforestation accounts for nearly 20% of all greenhouse gas emissions that cause global warming. The environment cannot be stabilized without protecting threatened forests.
Mike Korchinsky, Founder and CEO of Wildlife Works, explained that the way to protect threatened forests is through community engagement where local people receive multiple benefits through conservation related jobs. “Forests are being destroyed for their economic value but not necessarily to their highest value user, there’s always an economic reason,” he said. “To combat that, we have to provide economic value to the people who are living in and around the forest first and foremost.”
Mama Mercy, a community leader managing vital women’s groups in Voi, Kenya where Wildlife Works’ REDD+ Project is located, received the most enthusiastic applause. Mama Mercy came to REDD+ Talks to tell corporate leaders first hand how REDD+ is working to address deforestation while helping an impoverished rural community of more than 100,000 people through the significant multi-benefits that carbon finance delivers.
“When the carbon [project] came, there was a change…[With Wildlife Works] we are focusing on water, education, job creation, and sustainability. Water is the biggest problem. Women walk 15 kilometers to find water: she will carry a 20-liter can of water with a baby on her back and maybe she’s expecting too. It’s a miserable life. That’s all changing now because of REDD+," she explained, adding, “Now there are jobs and dignity is restored in our community. Money from carbon has helped more than 1,800 children go to school. We can educate our children…we are going to have a different nation!”
About the sponsors of REDD+ Talks
Wildlife Works is the voluntary carbon market's leading REDD+ (Reducing Emissions through Deforestation and Degradation) project development and management company. Wildlife Works has developed a sustainable and scalable business model that delivers unprecedented environmental and social benefits to seriously impoverished parts of Africa and the world that are in need of the transformational change that Wildlife Works REDD+ projects can bring. www.wildlifeworks.com
Code REDD is a nonprofit REDD+ industry association that empowers communities, protects wildlife, and preserves forests – by stimulating corporate support for high-impact, high-quality REDD+ projects in both compliance and voluntary markets around the world. www.coderedd.org
CSRwire is the leading source of corporate social responsibility and sustainability news, reports, events and information. www.csrwire.com
Health Statistics Pioneer Dorothy P. Rice, Sc.D., Named 2013 Recipient of the William B. Graham Prize for Health Services Research
Dorothy P. Rice, Sc.D., has been named the 2013 recipient of the William B. Graham Prize for Health Services Research. The Prize, funded by The Baxter International Foundation and managed by the Association of University Programs in Health Administration (AUPHA), will be awarded on June 20, 2013 during the AUPHA Annual Meeting in Monterey, Calif.
The Prize recognizes the contributions of health services researchers who apply analytic methods to examine and evaluate the organization, financing, and/or delivery of health services, realizing that by improving the delivery of health services, the health of citizens is also improved. An independent committee of past winners, distinguished academics, and internationally recognized researchers selects the recipient each year.
Widely regarded for her innovative and pioneering work in the field of health statistics, Dr. Rice has held a number of leadership positions during the course of her distinguished career. In addition to serving as deputy assistant commissioner for Research with the Social Security Administration, Dr. Rice was the director of the National Center for Health Statistics for more than six years, from 1976 to 1982. During this time, Dr. Rice is credited with leadership development and management of an indispensable nationwide healthcare information system, which remains the industry standard today.
“Every member of the Graham Prize Selection Committee was very aware of the significant international and national contributions that Dr. Rice sustained throughout her career,” said Kyle Grazier, DrPH, University of Michigan professor and Graham Prize Selection Committee chair. “As a leader in the Social Security Administration and then at the National Center for Health Statistics, and since, she elevated the importance and use of high quality medical and financial data to inform decisions in policy making and management. She developed the cost-of-illness methodology that has been used to understand numerous illnesses and their impact on society. She is a wise and dedicated mentor to many. We all are grateful that the Graham Prize exists to honor someone of the stature of Dorothy Rice.”
Dr. Rice is professor emerita in the Department of Social and Behavioral Sciences at the University of California, San Francisco, with joint appointments at the Institute for Health & Aging and Institute for Health Policy Studies.
“It is a special honor and privilege that has been bestowed on me by The Baxter International Foundation in recognition of my life-long research, for which I am most grateful.” said Dr. Rice. “I follow a long list of distinguished researchers whom I have admired and who have been my heroes for many years. I sincerely hope that my own research has had as significant an impact on the organization, delivery, and financing of health services as that of my predecessors.”
Renowned for her prolific body of research, Dr. Rice has authored more than 200 published monographs, books, articles, and book chapters on the economics of medical care, aging, chronic illness, disability, health statistics, and domestic violence. She has also written about various cost-of illness studies, including costs associated with the health effects of smoking, alcohol and drug abuse, mental illness, Alzheimer’s disease, and AIDS.Dr. Rice has received numerous honors for her many contributions including election to the Institute of Medicine, the Association for Health Services Presidential Award for Leadership and Contributions to Health Services Research, and the American Public Health Association Sedgwick Memorial Medal.
About the William B. Graham Prize for Health Services Research
Since 1986, The Baxter International Foundation and the Association of University Programs in Health Administration have awarded the William B. Graham Prize for Health Services Research to recognize researchers who have made major contributions to the health of the public through innovative research in health services. The Prize honors the late William B. Graham, longtime chairman and CEO of Baxter International Inc., and is internationally regarded as the premier recognition for individuals conducting health services research. The Prize recognizes individuals who have had a significant impact on the health of the public in one of three primary focus areas: Health Services Management, Health Policy Development, and Healthcare Delivery. The Prize includes an award of $25,000 to the individual and $25,000 to a non-profit institution that supports the winner’s work. Past recipients have included Donald M. Berwick, MD, MPP and Uwe Reinhardt, PhD.
About the Prize Sponsors
The Baxter International Foundation, the philanthropic arm of Baxter International Inc. (NYSE:BAX), helps organizations expand access to healthcare in the United States and around the world. The foundation, established in 1981, focuses exclusively on increasing access to healthcare, particularly for the disadvantaged and underserved in communities where Baxter employees live and work. Baxter International Inc., through its subsidiaries, develops, manufactures and markets products that save and sustain the lives of people with hemophilia, immune disorders, infectious diseases, kidney disease, trauma, and other chronic and acute medical conditions. As a global, diversified healthcare company, Baxter applies a unique combination of expertise in medical devices, pharmaceuticals and biotechnology to create products that advance patient care worldwide. For more information, please visit www.baxter.com.
AUPHA is a global network of colleges, universities, faculty, individuals and organizations dedicated to the improvement of healthcare delivery through excellence in healthcare management and policy education. Its mission is to foster excellence and drive innovation in health management and policy education, and promote the value of university-based management education for leadership roles in the health sector. It is the only non-profit entity of its kind that works to improve the delivery of health services – and thus the health of citizens – throughout the world by educating professionals managers at the entry level. AUPHA’s membership includes the premier baccalaureate, master’s and doctoral programs in health administration education in the United States, Canada, and around the world. Its faculty and individual members represent more than 400 colleges and universities. For more information, please visit www.aupha.org.
CVS Caremark (NYSE: CVS) today released its 2012 Corporate Social Responsibility (CSR) Report, which gives stakeholders an inside view of the company’s CSR strategy, priorities and performance on its sustainability goals and CSR initiatives. The report is available online on the company’s website at www.cvscaremark.com/CSR.
The key topics covered in the report represent CVS Caremark’s most important issues, which inform how the company defines its CSR strategy and priorities. These include a strong focus on improving patient outcomes through better adherence to prescribed medications; cultivating a more engaged, diverse and healthier workforce; making progress toward the goal of reducing greenhouse gas emissions; strengthening systems and practices to ensure supply chain responsibility; enhancing quality control processes in pharmacy operations; and building healthier communities through social investments and community engagement initiatives.
The report, titled Reinventing Pharmacy, Creating Sustainable Solutions, underscores how the role of pharmacies – and pharmacists – has evolved and become more instrumental in helping people get and stay healthy. Through its own research and insights, CVS Caremark understands that patients are concerned about the future of health care in the U.S., and they are increasingly turning to their pharmacists for guidance on a range of health care issues, beyond just advice on their medications. The report explains how the company views this as an opportunity to engage patients in many different ways, providing them access to health care resources and education that can help them maintain their own health, especially those patients who are managing chronic diseases that require continual medication.
Beyond patients and customers, CVS Caremark also discusses the opportunity to foster a culture of health and wellness among its colleagues, who represent a diverse workforce of 200,000 individuals. The report details some of the initiatives CVS Caremark is undertaking to encourage colleagues to take personal responsibility for their own health, such as a move to evolve its traditional health care plan into a Plan for Health.
Environmental stewardship is also critical to how CVS Caremark thinks about health. The link between a healthy environment and personal and public health is evident. For that reason reducing environmental impacts and promoting ways customers and colleagues can participate in those efforts remains a focus. With regard to its carbon footprint, CVS Caremark reports that its carbon intensity has decreased by seven percent since 2010, which is nearly half way to its declared goal of a 15 percent reduction in carbon intensity by 2018.
New to the report is information on CVS Caremark’s social audits of contract factories, reflecting a robust process that was implemented in the past two years. This has enabled the company to collect reliable data and begin to report the outcomes of its process.
“When we think about the intent of our corporate social responsibility initiatives, we are mindful of our stakeholders: patients and customers, employees, local communities, regulators, and stockholders,” said CVS Caremark President and CEO Larry Merlo. “Our CSR report is the main vehicle we have for sharing details on these initiatives so everyone can have a stronger sense of who we are as a company.”
The CVS Caremark 2012 CSR Report was developed in accordance with the Global Reporting Initiative (GRI) G3.1 Guidelines, an international framework that is widely recognized and used by organizations to report on their CSR and sustainability performance. Consistent with its 2011 CSR Report, CVS Caremark self-declared its 2012 report as a level B, based on the GRI application levels. For more information on GRI, visit www.globalreporting.org.
About CVS Caremark
CVS Caremark (NYSE: CVS) is dedicated to helping people on their path to better health as the largest integrated pharmacy company in the United States. Through the company’s more than 7,400 CVS/pharmacy stores; its leading pharmacy benefit manager serving more than 60 million plan members; and its retail health clinic system, the largest in the nation with more than 600 MinuteClinic locations, it is a market leader in mail order, retail and specialty pharmacy, retail clinics, and Medicare Part D Prescription Drug Plans. As a pharmacy innovation company with an unmatched breadth of capabilities, CVS Caremark continually strives to improve health and lower costs by developing new approaches such as its unique Pharmacy Advisor program that helps people with chronic diseases such as diabetes obtain and stay on their medications. Find more information about how CVS Caremark is reinventing pharmacy for better health at info.cvscaremark.com.
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