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By now, it is likely common knowledge that driving accountability for carbon emissions is an important part of Microsoft’s commitment to carbon neutrality (or visit past blog posts for a refresher on our carbon fee program, including our Carbon Fee Playbook). Fortunately for our planet, carbon accountability is getting more attention both in the media and with companies and individuals who are able to help make a difference, and we are excited to play a part in increasing awareness around this issue. Recently, the Climate Disclosure Project (CDP) released a whitepaper featuring Rob Bernard and other thought leaders that focused on how corporations use carbon prices.
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.