Date: 2025-02-05 Page is: DBtxt003.php txt00016979 | |||||||||
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Burgess COMMENTARY Peter Burgess | |||||||||
ESG / Sustainable Finance Institutional Investor Newsletter – July 2019
to me ESG / Sustainable Finance Institutional Investor News – July 2019 * Scrap Food Waste? * Plant Bio-Plastics are Growing * Air Conditioners, not Sustainable friendly * Saving our love of Food The fact that lettuce takes over 20 years to decompose in a landfill and then becomes methane gas is one of the many startling revelations about where scrap food waste ends up in the fabulous and encouraging short documentary, “WASTED, The Story of Food Waste”. The global view of food abundance and waste reveals this massive global epidemic that is being addressed by many countries, though at this time only slowly by the USA, unfortunately. In the film, many famous TV Chefs like Anthony Bourdain and Emeril John Lagassé III, make strong appeal for everyone to take some very basic and simple thoughtful steps to solve this problem, that multiplies the impact of the global hunger crisis. The Town of Mamaroneck, a suburban community to NYC, has one of the best food scrap waste composting programs in the country, with weekly residential scrap food waste pickup in return for free fertilizer made from this organic composted material. This is an example of a 'circular economy', generating the best natural fertilizer available from their own food scraps! In Korea and its massive urban growth in its capital city, Seoul, has established ordinances that require citizens to be responsible by depositing food scrap waste or pay up$! It is eye opening and highly recommended that you see this short preview of this amazing documentary “WASTED, The Story of Food Waste” which is available online from variety of streaming sites. Stop the Plastic sCrap! Discarded plastics are a big cause of pollution, cluttering rivers, oceans, beaches, killing fish and birds while making our environment very toxic. Public pressure to clean up this trash has produced many varieties of organic bioplastics that are much more environmentally sensible and has stopped the massive natural disaster, that plastic has become everywhere! Unilever, a top 5 global consumer company, is making changes. Its second largest country client is the government of India, which earlier this year instituted a number of anti-plastic waste laws, making some of the world’s strictest rules on eliminating single-use plastics, as an example. Currently, bioplastics represent about one percent of the approximate 335 million tons of plastic produced annually. Public outrage is rising along with demand for more sophisticated biopolymers, applications and products emerging, the current market for bioplastics is massive and is going to explode in the next few years. According to the latest market data compiled by European Bioplastics, global bioplastics production capacity is set to increase from around 2.11 million tons in 2018 to approximately 2.62 million tons in 2023. Leading brands, retailers, and packaging companies work towards 100% reusable, recyclable or compostable packaging by 2025 or earlier: In January 2018 the Ellen MacArthur Foundation announced at the World Economic Forum in Davos that the list of leading brands, retailers, and packaging companies working towards using 100% reusable, recyclable or compostable packaging by 2025 or earlier has grown to 13 – Amcor, Ecover, evian, L’Oréal, Mars, M&S, PepsiCo, The Coca-Cola Company, Unilever, Walmart, Werner & Mertz, Nestlé and Colgate-Palmolive together representing more than 6 million tons of plastic packaging per year. Just recently, over 100 of the largest companies in the consumer packaging and retail sector have now committed to making 100% of their plastic packaging reusable, recyclable, or compostable by 2025. Contributed by Analyst Mobin Bagheri. Cooling Hot Humans, Globally is getting Very Expensive This special IEA report aims to raise awareness globally about one of the most critical energy issues of our time, outlining a sustainable path to the future of cooling that will allow people to reap the benefits of cooling without straining the energy system or the environment. The growing use of air conditioners in homes and offices around the world will be one of the top drivers of global electricity demand over the next three decades, according to a new analysis by the International Energy Agency that stresses the urgent need for policy action to improve cooling efficiency. The IEA report – “The Future of Cooling” (May 2018) – shows that without new efficiency standards the world will be facing a “cold crunch” from the growth in cooling demand in coming decades. The rise in cooling demand will be particularly important in the hotter regions of the world. The numbers are extreme, any hot weather (say 90 f) decreases working activities, learning in school or just being a social human. The numbers are so big; today, less than a third of global households own an air conditioner. In countries such as the United States and Japan, more than 90% of households have air conditioning, compared to just 8% of the 2.8 billion people living in the hottest parts of the world. The issue is particularly sensitive in the fastest-growing nations, with the biggest increase happening in hot countries like India – where the share of AC in peak electricity load could reach 45% in 2050, up from 10% today without action. This will require large investments in new power plants to meet peak power demand at night, which cannot be met with solar PV technology. (initially published 2/19, note # 2) Thanks to our many institutional investors for supporting our goal and commitment to this ethical, sustainable and resource responsible investing world. Vol.3, Note # 5 Sincerely yours, Michael J. Scanlon * Silver Leaf Partners, Founder of the ESG / Sustainable Finance Group. 212 632 8429 (office) www.silverleafpartners.com; Member/ FINRA --- Securities are offered through Silver Leaf Partners, a member of FINRA, NFA and SIPC. This communication is for informational purposes only and considered privileged and confidential. Neither the information above nor any attachments are guaranteed as to their accuracy or completeness. If such information is related to a security or product, then you are further advised that we do not provide investment counsel, nor do we certify that this information is complete or accurate. To determine suitability, you must secure, read and understand all relevant information, conduct a thorough due diligence and seek expert independent counsel, if necessary, prior to investing. We further caution that past performance is not indicative of future results. This communication is confidential and may not be disclosed without permission. If you are not the intended recipient, then you have received it in error and you may not distribute or copy it. If you have received this transmission in error, please notify the sender by reply email and delete this message and all of its attachments. Every effort is made to keep our network virus free. However, we assume no liability for any damage caused by this transmission. Attachments area Preview YouTube video Wasted! The Story of Food Waste (2017) | TRAILER |