corporate sustainability

Safeway Converts U.S. Trucking Fleet to Biodiesel

Safeway Converts U.S. Trucking Fleet to Biodiesel

PLEASANTON, California, January 21, 2008 (ENS) – Safeway Inc. announced Friday that it has converted its entire U.S. truck fleet to cleaner-burning biodiesel fuel. The company will use B20, a blend of 20 percent biodiesel and 80 percent diesel, in its fleet of more than 1,000 trucks. Biodiesel is made from renewable resources such as…

Petitioning Climate Risk Disclosure for Wall Street

Petitioning Climate Risk Disclosure for Wall Street

The President of CERES, Mindy Lubber, has “filed a petition with the US Securities and Exchange Commission asking the SEC to require publicly-traded companies to assess and disclose their financial risks from climate change in their formal reporting statements” (financialtimes.com). The reasoning behind this petition is that major environmental disasters like hurricane Katrina can cause…