Nexamp, Inc

Yes. Sustainability reporting guidelines have been developed by the Global Reporting Initiative (GRI) (www.globalreporting.org), a multi-stakeholder collaboration among the Coalition of Environmentally Responsible Economies (CERES) and numerous other organizations, such as the World Business Council for Sustainable Development. General Motors is currently pilot testing the guidelines, and many other companies are following elements of the reporting framework.

Corporate sustainability (CS) is an evolving corporate management paradigm, an alternative to the traditional growth and profit maximization model. CS recognizes that while growth and profitability are very important, a corporations long-term viability depends on the sustainability of the environment, economy and society in which it operates.

Improving energy efficiency reduces your energy costs thus saving money. Many efficiency measures will pay back their cost within one or two years. Other renewable energy investments may have a longer payback, but with financial incentives, usually pay back in five years or less. An option for companies is to use a power purchase agreement (PPA) to finance a renewable power installation (solar, wind or hydro). With PPAs there is no upfront cost, and power is purchased at an agreed upon fixed rate. All of these measures, and others, reduce your exposure to unexpected utility rate increases and lower your carbon risk. In a broader sense, reducing carbon emissions and other pollutants creates a more sustainable future for everyone.