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Corporate Council
3M
3M is committed to operating within a framework of environmental, social, and economic values, reflected, for example, in 3M's continuing efforts to reduce the environmental impact of its products and operations. Over the last 15 years, 3M has implemented pollution prevention and control programs to achieve the following results: a 95 percent reduction in volatile organic air emissions, a 94 percent reduction of Toxic Inventory Releases as defined by the U.S. EPA, a 10 percent reduction in solid wastes, and a 39 percent reduction in greenhouse gas (GHG) emissions. By 2010, 3M plans to reduce volatile organic air emissions by an additional 25 percent, improve energy efficiency by 20 percent, and cut waste by 20 percent. And, partnering with the EPA through the Climate Leaders program, 3M aims to reduce its GHG emissions in the U.S. by 30 percent in 2007 when compared to 2002 levels. 3M has contributed millions of dollars for conservation projects, designed to protect ecosystems and species worldwide.
Johnson & Johnson
As the world’s most comprehensive and broadly-based health care company, Johnson & Johnson understands that human heath depends upon the health of the planet. To be successful in conserving biodiversity, it has promoted global understanding of the links to human health. All of J&J’s work is guided by the ethical principles embodied in its Credo—safeguarding employees, providing them with resources to lead healthier lives, minimizing the impact of the company's products and operations on the environment, and enhancing the quality of life. J&J has three facilities certified under the LEED program of the U.S. Green Building Council, and, in 2005, it was the second largest corporate user of on-site photovoltaic solar energy and the largest corporate purchaser of wind power and CO2 offsets in the U.S. Also in 2005, the company was named Green Power Partner of the Year by EPA, the only green power purchaser to receive this award for three consecutive years. Commitments for 2010 include a seven percent absolute reduction in CO2 emissions from stationary sources, based on 1990 levels and a ten percent absolute reduction in water use.
JPMorgan Chase
JPMorgan Chase is a leading global financial services firm with assets in excess of $1.1 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and private equity. JPMorgan Chase recognizes that responsible corporate stewardship and long-term business performance require a strong commitment to environmental and social progress. When JPMorgan Chase adopted an environmental policy in 2005, it wanted to ensure that its business contributes to the long-term health of the communities it operates in, minimizes the environmental impacts of JPMC's business operations, and avoids or reduces impacts on socially significant assets and indigenous peoples. To achieve these goals, JPMC adopted the Equator Principles, guidelines that promote environmental and social responsibility in project financing. It is also taking significant steps to protect biodiversity and critical habitats by instituting certain "no-go" criteria in forests where high conservation values are endangered. JPMC also recognizes climate change as an urgent challenge that demands immediate and long-term action. JPMC has committed itself to reducing greenhouse gases, cutting its own emissions, working with clients to develop new financial products that facilitate emissions reductions, conducting research on the financial implications of the rising cost of carbon, and deploying investment capital to businesses that reduce or mitigate greenhouse gases. Since 2003, JPMC has invested close to $500 million in wind projects and arranged almost $250 million in third party equity financing.
Swiss Re
Swiss Re is the world’s leading and most diversified global reinsurer offering financial service products that enable risk taking, which is essential to enterprise and progress. Founded in Zurich, Switzerland, Swiss Re has been conducting business for more than 140 years. Swiss Re regards sustainability as an integral component of long-term business success. Trends that endanger environmental resources and social cohesion pose risks for society and business in general. As the final link in the risk chain, a reinsurer needs to be aware of how these risks may ultimately end up on its balance sheet. Consequently, Swiss Re is committed to identifying such risks and developing appropriate responses by minimizing loss potential and by seizing opportunities to create new products and services. Swiss Re’s commitment to sustainability and its corporate citizenship engagement is a commitment which benefits society. For example, in the field of climate change, recent activities have lead Swiss Re to team up with Harvard Medical School’s Center for Health and the Global Environment, support the Clinton Global Initiative, and sponsor the documentary film “The Great Warming.” In addition, Swiss Re is committed to becoming greenhouse neutral by the end of 2012 based on 2003 levels. It will reduce its own emissions by 15% per employee within ten years, while the remainder will be offset by investments in the World Bank Community Development Carbon Fund, which supports projects to improve the environment and livelihoods of local communities, primarily in developing countries.
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