For most CEOs, “climate change” has been one of those far-off risk factors that must show up in a company’s shareholder documents for the Securities and Exchange Commission, a vague and pro forma threat like “geopolitical risks” and “acts of God” that read more like fine print than actionable possibilities.
As new clean energy technologies are developed and refined, experts say problems in production are one of the biggest barriers to widespread adoption. With advances in additive manufacturing and a commitment to innovation, manufacturers may hold the key to the advancement of clean power technologies for everyone.
Procter & Gamble and General Motors are leading a small but growing group of manufacturers beginning to embrace wind power, which so far has been among the least embraceable forms of alternative production of electricity.
Manufacturers have made huge progress in reducing their environmental footprints with everything from water husbandry to slashing carbon-dioxide emissions. But one area where factory chiefs can do much better is in recycling plastic packaging, according to environmental groups that increasingly have the ear not only of regulators but of American consumers.
Method Products has opened the doors of its sustainability-oriented “South Side Soapbox” factory in the economically depressed south side of Chicago, and the move should boost the environmental chops of the “planet-friendly” brand of household, fabric and personal care products.
Besides recent efforts by many states to cut business and personal taxes recently, one of the most notable strains of economic-development policy has been the growing use by cities and states of tax incentives to drive their green economies.
Green groups have been expressing support for protesters of the Brown and Garner decisions, though there’s no direct connection to sustainability concerns, and CEOs themselves have expressed concern over the melding of the two.