the mif blog

Stories of inspiring entrepreneurs and organizations, discussion and commentary of new trends in private sector development, and the latest events and publications.

Greening corporate value chains lowers environmental impact and lifts competitiveness

By Michael Hofmann

Adidas, one of the world’s top two sportswear manufacturers, recently ended its business relationship with 13 of its Asian suppliers as a result of their severe or repeated noncompliance with labor, health, and safety workplace standards at their factories. This is one example of large multinational corporations working harder to demonstrate to their ever-more-demanding stakeholders that they operate sustainably. As a result, companies’ sustainability strategies are increasingly directly relevant to their operations—and are resulting in positive financial returns. An analysis of S&P 500 companies confirmed that businesses that have built sustainability into their core strategies achieve financial profitability that is significantly higher than that of their laggard peers—by between 18% and 67%. 


Clean energy investment and policies: 2014 Climatescope results

By Michael Hofmann

(click to enlarge)

Clean energy has been a key driver of the transformation of the global energy system. Between 2006 and 2013, Latin America and the Caribbean attracted a cumulative US$132bn for renewable energy sources, namely biofuels, biomass, geothermal, solar, small hydro and wind. This significant investment has benefitted countries’ clean energy value chains and has made an important contribution to the region’s low-carbon economic development, energy security, and poverty reduction.