IKEA, David Chang and ruler of Dubai invest $40 million in AeroFarms vertical farming

November 20, 2017 by  
Filed under Business, Green

If there was any question that indoor vertical farming is the future of agriculture, the latest announcement from AeroFarms will remove any doubt. The revolutionary company just secured a whopping $40 million in financing from world-renowned chef David Chang, megabrand IKEA and the ruler of Dubai — Sheikh Mohammed bin Rashid. The company intends to use the money to address the escalating challenge of bringing healthy, sustainable food to the growing global population using their innovative aeroponic growing system. AeroFarms grows leafy greens without sunlight or soil in vertically-stacked troughs in a fully-controlled indoor environment. It’s better for the planet than traditional agriculture because it requires 95 percent less water, grows in half the time of traditional crops, doesn’t deplete soil and can be grown year-round and served locally — even in cold climates. Related: AeroFarms is building the world’s largest indoor vertical farm just 45 mins from Manhattan David Chang, founder of the Momofuku Group, said, “Momofuku has always championed local farmers and is continuously looking for innovative solutions to improve our quality and sustainability practices. AeroFarms’ incredible technology allows them to grow consistent, high-quality ingredients all year round. At the end of the day, the goal is always to find delicious ingredients from local purveyors we admire, and I am excited to partner with AeroFarms.” IKEA, which has long championed indoor farming, funding innovations through Space10 and releasing their own indoor gardening system , also invested in the company. Rounding out the investment was Meraas , the investment vehicle of Sheikh Mohammed bin Rashid, vice president of the United Arab Emirates and ruler of Dubai. + AeroFarms Via Agfundernews

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IKEA, David Chang and ruler of Dubai invest $40 million in AeroFarms vertical farming

The ‘multicapital’ scorecard measures the triple bottom line

November 18, 2017 by  
Filed under Business, Green

A new management approach offers businesses a performance measurement model that can indicate how far an organization is from performing sustainably.

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The ‘multicapital’ scorecard measures the triple bottom line

The ‘multicapital’ scorecard measures the triple bottom line

November 18, 2017 by  
Filed under Business, Green

A new management approach offers businesses a performance measurement model that can indicate how far an organization is from performing sustainably.

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The ‘multicapital’ scorecard measures the triple bottom line

Citi expands the market for energy efficiency

November 17, 2017 by  
Filed under Business, Green

A deal between Metrus Energy and Citi illustrates a financing solution for businesses looking to invest in energy as a service.

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Citi expands the market for energy efficiency

Cards Against Humanity buys land on the US-Mexico border to block Trump’s wall

November 15, 2017 by  
Filed under Business, Green

You may have gotten some laughs from the irreverent Cards Against Humanity game in the past, but now the people behind the “party game for horrible people” have a higher objective: stop Donald Trump’s border wall. The company bought land on the border and worked with a law firm to make it harder for the Trump administration to act on its plan – and they asked fans to chip in $15 for a piece of the land in their new Cards Against Humanity Saves America campaign. Cards Against Humanity doesn’t want to see a United States-Mexico border wall erected, so they’re working to thwart Trump with their recent land purchase. On their campaign page, they said, “Donald Trump is a preposterous golem who is afraid of Mexicans. He is so afraid that he wants to build a twenty-billion dollar wall that everyone knows will accomplish nothing. So we’ve purchased a plot of vacant land on the border and retained a law firm specializing in eminent domain to make it as time-consuming and expensive as possible for the wall to get built.” Related: Provocative street art installation shows baby peering over US-Mexico border wall Those who gave Cards Against Humanity $15 earned “six America-saving surprises” during the holidays. The company has been quiet about most of the surprises, but they did say backers could expect an illustrated map of the land they purchased, new cards, and a certificate of their promise to battle Trump’s border wall. Other surprises are set to be delivered in December. The campaign seems to have resonated with Americans – The Washington Post reported it sold out in hours. This isn’t the first time Cards Against Humanity has gotten political , using humor to draw attention to current issues. For example, earlier this year they created a Weed Pack and donated proceeds to the Marijuana Public Policy Project to fight for legalization. They also sent potatoes to Republican Wisconsin senator Ron Johnson to persuade him to hold a town hall about the Affordable Care Act. + Cards Against Humanity Saves America Images via Cards Against Humanity Saves America and Anthony Albright on Flickr

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Cards Against Humanity buys land on the US-Mexico border to block Trump’s wall

Report Report: Climate risk, greener electronics, sustainable seafood

November 14, 2017 by  
Filed under Business, Green

This month’s round-up of recent research on sustainable business and clean technology.

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Report Report: Climate risk, greener electronics, sustainable seafood

China navigates a cleaner maritime industry

November 14, 2017 by  
Filed under Business, Green

Port cities and coastal nations will watch closely to see if China can reduce shipping emissions through its five-year plan.

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China navigates a cleaner maritime industry

From Facebook to Fetzer, filling a leadership gap at COP23

November 13, 2017 by  
Filed under Business, Green

The momentum is building among businesses and states at this year’s U.N. climate talks.

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From Facebook to Fetzer, filling a leadership gap at COP23

Kashi CEO David Denholm dishes on organic conversion

November 13, 2017 by  
Filed under Business, Green

The best of live interviews from GreenBiz events. This episode: Hear about the “first seed-to-store solution” for the move to organic agriculture.

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Kashi CEO David Denholm dishes on organic conversion

One of the world’s largest mining companies is ditching coal

November 10, 2017 by  
Filed under Business, Eco, Green

Rio Tinto Group, the world’s second largest mining company, is selling off its coal mines with the goal of getting out of the business. Although environmental concerns are motivating some to act against coal, London-based Rio Tinto is choosing to dump coal due to its declining profitability. Still, Rio Tinto’s stated reason for moving away from coal must be taken in the context of a world that is shifting towards a low-carbon economy, in which renewable energy is steadily overtaking fossil fuels as the more economic choice to power the planet. Rio Tinto CEO Jean-Sebastien Jacques framed the decision as a question of making the most out of limited resources, according to Bloomberg , stating that even a company as large as Rio Tinto needs to maximize its human and financial resources. Although Rio Tinto’s decision is based on effective usage of resources and profitability, it and other mining companies are wrestling with the future returns on dirty and increasingly cost-ineffective energy sources like coal. “The big diversified miners are all trying to work out which commodities are going to be most disadvantaged in the future, and the low-carbon transition is one of the big uncertainties that they and other companies are facing,” said Helen Wildsmith, head of climate change at CCLA Investment Management, according to Bloomberg . “We’re seeing more companies integrating their thinking on climate change scenarios into the macro-economic and cyclical scenarios that they work with.” Related: Biggest grid operator in US attacks Perry’s proposal to prop up coal Despite coal’s declining prospects, Rio Tinto is finding buyers for its coal mines, much of which are located in Australia . The mining giant has been selling off its coal assets since 2015. In early 2017, Rio Tinto reached an agreement to sell its Coal & Allied Industries Ltd. to China’s Yanzhou Coal Mining Co. With coal out of the picture, Rio Tinto will be focus more of its resources on extracting more valuable materials. Via Bloomberg Images via Depositphotos (1)  ( 2 )

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One of the world’s largest mining companies is ditching coal

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