Naughty or Nice
by China Water Risk 9 December, 2013
It’s time to be merry and to tally up who’s naughty or nice. This month, we wish for the all-time classic ‘peace on earth & goodwill to men’. But is this too much to ask for? A recent Coutts survey showed that in 2012, HK & China were rather charitable with large gifts, giving US$877mn & US$1.2bn respectively in donations above US$1mn. Here’s the catch: zero dollars of grants of this size (corporate or otherwise), were given to the environment. Are we doing enough? We examine the corporate conscience whilst Quek from Greenpeace says Shenhua Energy can do more in response to water grab allegations. Shopping for gifts is unavoidable at this time of year but with heavy metals dumped into China’s lakes from manufacturing, should we think twice before buying more electronic gadgets? Ditto for fashion. Check out the sinners and winners below. What’s ‘nice’ is Nike’s Materials Sustainability Index incorporated into the Sustainable Apparel Coalition’s (SAC) Higg Index. Now there is no excuse for brands not chose the right materials in making our clothes. SAC’s Sousa & Young walks us through the process. As pollution focus turnsto dye houses, to dye or not to dye becomes the question and Birla Cellulose talks us through dyeing techniques that are water friendly. With movement in water tariffs and pollution enforcement across ministries from Public Security to Finance (see ‘Tapping In’ column), it looks like corporate leadership better be good next year! If you have been good, don’t forget to apply for the UNDP backed 2014 Deloitte China Sustainability Awards with an added theme of water stewardship and if you want to do good/have been doing good, check out Royal Bank of Canada’s community action & leadership grants under the RBC Blue Water Project. Deadlines are looming so apply now! So are we doing enough? We could always do more. Be good … Happy holidays!
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