Top 25 Companies Going Green Bank of America Reduced paper consumption by 32% from 2000-2005, internal recycling program recycles 30,000 tons of paper each year, offers employees $3,000 cash back reward for owning a hybrid vehicle Ceres Ensure companies accurately disclose environmental aspects of business practices to investors and shareholders General Electric Since 2006, sold over $12B Ecomagination products (including solar panels), cleaning up pollution of Hudson River Dupont Drastically lowered airborne carcinogen and greenhouse gas emissions, appointed exGreenpeace head as advisor to board Innovest Gives investors quick gauge on true eco-friendliness of companies being invested McDonalds Works closely with PETA to systematically reform its business practices to be more humane and environmentally friendly Home Depot Rolled out a “no old-growth sales” of harvesting trees from old-growth rainforests Anheuser-Busch cans Saves 21 million pounds of metal per year by trimming 1/8” off diameter of beer Pratt & Whitney Ingots that used be scrapped now cast into ready-made blade-like shapes, thereby reducing amount of wasted ingots and factory emissions Starbucks organizations Use recycled paper for coffee cup sleeves, partner with many environmental Wal-Mart Long-term goal to power stores using 100% renewable energy sources and make operations more eco-friendly Tesla Motors Plan to build 100% electronically powered car at a mere 2 cents per mile Coca-Cola Focused on water stewardship, sustainable packaging, and climate & energy protection with focus on overhaul of packaging designs Enterprise Rent-A-Car Has the world’s largest fleet of fuel efficient vehicles made up of hybrids or vehicles with option to be powered on E85 ethanol; also planning to plant fifty million trees across the USA Toyota Developed the Prius - the world’s first mass-market hybrid vehicle that is ranked as the third least carbon-emitting auto Dell Adopted “no computer should go to waste” recycling program where any Dell-branded product can be returned to the company for free; will also accept other computers from other companies for safe disposal for nominal fee Target Launching eco-clothing line created using dynamic fabrics Brooks Has a completely biodegradable running shoe (20 years instead of traditional 1000) Honda Working on a hydrogen fuel cell powered “FCX” instead of gasoline; pledged to reduce carbon dioxide emissions by another 5% before 2010 Continental Airlines Replaced entire fleet of airplanes with more fuel-efficient models, reducing emissions by 5% on its 737 model aircrafts; nitrogen oxide emissions from Houston hub reduced by 75% since 2000; have 12 full time environmentalists on staff working with engine manufacturers to design greener, more efficient processes for company operations Tesco Offer savings to customers who bring reusable shopping bags, turned each of its stores into wind-powered, high-recycling, biodiesel truck delivered epicenters; also aiming to estimate the carbon costs of each item S.C. Johnson Uses a system that ranks impact on the environment by evaluating the raw materials used and reduced 1.8 million pounds of volatile organic compounds from Windex line of products, 4 million pounds of polyvinylidene chloride from Saran Wrap; scaled back coal-fired plants and replacing with natural gas and methane powered facilities Goldman Sachs Invested $1.5 million in solar, ethanol, and wind power; many employees drive hybrid vehicles Hewlett-Packard Own and operate enormous “e-waste” recycling plants that are recycled into industrial food chains; also ensures own products are 100% recyclable; promised to lower energy consumption by 20% by 2010 TJX Companies Early adopter of electronic ballast technology that significantly lowered the use of electricity in the company’s stores; recycle corrugated cardboard from vendors *Information obtained from www.businesspundit.com/25-big-companies-that-are-going-green, July 29, 2008