Remove Asset Management Remove Cost Remove Energy Remove Innovation
article thumbnail

Innovation in Managing Water

Harvard Business Review

Although our short answer was "no," we believe that managing water will become a critical business skill for the 21st century. Need drives innovation, so this week we want to highlight some of what is happening in the new markets in water. In the US, ITT tells us, about 650 water mains break each day at a cost of $2.6

article thumbnail

Two Forces Moving Business Closer to Climate Action

Harvard Business Review

At the same time, the cost of renewable energy has dropped very far, very fast. One exciting offshoot of We Mean Business, called RE100 launched as well, with Swiss Re, Mars, IKEA, and others making the bold commitment to use 100% renewable energy. As it turns out, that bar doesn’t have to be so high after all.

IRR 8
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sustainability in Financial Services Is Not About Being Green

Harvard Business Review

The next time we hear about a bank or insurance company''s "green program" — like using energy efficient light bulbs or operating out of a LEED Platinum building — we''ll either scream or throw up. This is in direct contrast to "financial innovation" that focuses on only one dimension of performance, putting the others at risk.

article thumbnail

Why You Should Have (at Least) Two Careers

Harvard Business Review

It’s not uncommon to meet a lawyer who’d like to work in renewable energy, or an app developer who’d like to write a novel, or an editor who fantasizes about becoming a landscape designer. The costs of switching seem too high, and the possibility of success seems too remote. Discover Real Innovations.

Career 8
article thumbnail

Top 10 Green Business Stories of 2011

Harvard Business Review

The military continues to lead the way on energy and climate. Malthus strikes back: Coca-Cola takes an $800 million hit on commodity costs. Coca-Cola was not alone in facing increasing costs in 2011; one of my clients, Kimberly-Clark, took an earnings hit from record pulp prices. trillion market for clothes and shoes.

article thumbnail

Top 10 Sustainable Business Stories of 2012

Harvard Business Review

Mega weather took many lives and cost over $120 billion in the U.S. Individual companies are feeling the bite: analysts at Morningstar estimate that input costs at Tyson Foods will rise by $700 million — more than its 2012 net income. It wasn't just energy. alone ( $50 billion for the drought , $71 billion for Sandy ).