Companies Embrace Sustainable Practices: Prairie Operating, NYK, and More Lead the Way
Published: 2023-10-20Prairie Operating Co. has taken a step towards a greener future by partnering with High West Energy to supply electric power to its field operations in Colorado. This move is part of Prairie Operating’s commitment to reducing greenhouse gas emissions and embracing sustainable practices. By transitioning away from diesel and field gas-powered operations, Prairie Operating aims to contribute to a more environmentally responsible energy landscape.
In Korea, the focus on Environmental, Social, and Governance (ESG) management is growing rapidly. A survey conducted by the Federation of Korean Industries revealed that 93% of top companies expect ESG management to increase this year. The Korean government has established the Private-Public Joint ESG Policy Council to strengthen policies and promote ESG management. Mandatory ESG disclosure rules, the EU Corporate Sustainability Due Diligence Directive, and efforts to prevent greenwashing are among the important developments in this area. Companies need to be aware of these trends and adapt to new reporting requirements.
NYK, a global logistics company, is also making strides towards a more sustainable future. Their sixth LNG-fuelled pure car and truck carrier, Sumire Leader, has started its transportation service for Mazda Motor Corporation. This vessel aims to meet customers' demands for lower environmental impact in logistics. NYK’s medium-term management strategy focuses on ESG-driven growth and a new corporate vision for 2030. Additionally, NYK and Kyushu Electric Power Co. have built the world’s first LNG-fuelled coal carrier, further demonstrating their commitment to sustainable practices.
As Halloween approaches, it’s important to consider the environmental impact of this holiday. There are several ways to make Halloween more sustainable without sacrificing the fun. Instead of buying new costumes, consider renting, swapping with friends, or making your own. Use compostable materials for decorations and switch to LED lights to save electricity and reduce fire risk. Don’t let pumpkins go to waste; find creative ways to use them, such as roasting the seeds or donating them to pumpkin-smash events or animal sanctuaries. Look for eco-friendly candy options with compostable wrappers and consider walking or using public transportation for trick-or-treating.
These examples highlight the growing importance of sustainable practices in various industries. Companies and individuals alike have a responsibility to embrace environmentally responsible actions and avoid greenwashing. By making conscious choices and supporting businesses that prioritize sustainability, we can leave a better world for future generations.
https://www.streetinsider.com/Globe+Newswire/Repeat:+Prairie+Operating+Co.+and+High+West+Energy+Form+Strategic+Partnership/22296677.htmlRelated news on 2023-10-20
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