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Today, Environmental Finance magazine published the results of its fifth annual Voluntary Carbon Market survey and recognized Microsoft for Best Corporate Offset Programme (registration required to access). In this survey, more than 720 companies nominated leading service providers active in the voluntary carbon markets. In light of the market’s growing maturity, Environmental Finance decided to include questions this year asking for nominations for the Best Corporate Offset Programme and the Best Offset Project. Voters were asked to make their selections on the basis of efficiency and speed of transaction, reliability, innovation, quality of service provided and influence on the market, not just the volume of transactions handled.
Today, we are pleased to announce Microsoft Finland as the winner of our first annual Sustainable Subsidiary of the Year Award! This award was created to recognize Microsoft subsidiaries that are embedding sustainable business practices into their everyday operations and are producing exceptional results.
Microsoft is once again partnering with others to further fuel cell innovations, with the goal of developing a very efficient, low-cost fuel cell system. Microsoft, Redox Power Systems LLC, the University of Maryland and Trans-Tech Inc. were recently awarded $5 million by the Advanced Research Projects Agency – Energy (ARPA-E) to develop transformational fuel cells.
Yesterday, the Corporate Eco Forum (CEF) awarded our colleague Tamara “TJ” DiCaprio with the 2014 C.K. Prahalad Award. The award, presented at the Corporate Eco Forum’s fifth annual C.K. Prahalad Awards ceremony, recognized winners for demonstrating “globally significant private sector action that exemplifies the fundamental connection between sustainability, innovation and long-term business success in a globalizing world.” The two other recipients of the award included Robert Carter, executive vice president of information services and chief information officer at FedEx, and The Global Water Challenge.
Earlier this week Microsoft, along with organizations like Goodwill Industries, Xerox and Sony America, were announced as founding members of R2 Leaders. R2 Leaders are organisations that encourage use of the R2 Standard and have demonstrated a commitment to the safe, sensible and sustainable repair and recycling of used electronics. This reflects Microsoft’s commitment to support the development of standards for better reuse and recycling of electronic devices around the world. The R2 Standard for electronics disposal sets forth requirements relating to environmental, health, safety, and security aspects of electronics reuse and recycling. It also ensures that more toxic material streams are managed safely and responsibly by downstream vendors – all the way to final disposition. It also prohibits e-recyclers and their downstream vendors from exporting these more toxic materials to countries that have enacted laws making their import illegal. Worldwide, over 540 facilities in 17 countries are certified to the R2 Standard.