Today’s wealth management environment, like protection of our natural environment, demands transparency, accountability, responsible citizenship and the highest ethical standards.
Adhering to these principles, Carbonfree® Business Partner RLP Wealth Advisors, LLC, a New York-based independent employee-owned sustainable wealth management firm, chose to work with Carbonfund.org to continue its commitment to operate as a carbon neutral organization, part of the firm’s sustainability goals.
The firm is committed to running a sustainable business practice that limits impact on the planet by using electronic storage and delivery of documents, effectively reducing paper consumption, helping to save trees, and further reducing emissions associated with shipping of documents.
In order to do more, and with the help of Carbonfund.org, RLP Wealth Advisors offsets annual carbon emissions from office energy use, business travel, and daily employee commuting. The firm’s investment in carbon offsets helps to fund projects that include renewable energy, energy efficiency, reforestation and forest preservation.
“RLP Wealth Advisors is committed to environmental stewardship and we believe Carbonfund.org is an effective tool for businesses to help address climate change and promote sustainability,” states Bud Sturmak, CFP®, AIF®, Partner at RLP Wealth Advisors, LLC.
In addition to RLP’s mission to be a sustainable company, RLP’s business is focused on providing sustainable investing solutions to non-profit organizations, corporations, foundations, and families. RLP acts as the lead investment steward working closely with the investment committees of large organizations, combining their expertise in sustainable investing and fiduciary responsibility to assist their clients in aligning investments with their broader mission, values and goals.
The firm extends its commitment to environmental stewardship through affiliation with 1% For the Planet and The Conservation Alliance, and their website is 100% solar powered. As thought leaders in sustainable investing and Environmental, Social and Corporate Governance (ESG) analysis, RLP Wealth Advisors co-authored the groundbreaking study, “Carbon Footprints, Performance and Risk of U.S. Equity Mutual Funds,” and were a contributing author to the recently released book, “Evolutions in Sustainable Investing.”
As a sustainable company, RLP Wealth Advisors has a unique appreciation, understanding, and natural interest in assisting their clients in aligning investments with mission, values and goals. Carbonfund.org is pleased to help RLP Wealth Advisors do the same for its firm-wide sustainability initiatives. You can learn more about RLP Wealth Advisors, LLC by visiting their website at http://www.rlpwealth.com.
Carbonfund.org and National Geographic Society (NGS) have been partners in the fight against global climate change since 2009. Our relationship with NGS is managed by Mr. Hans Wegner, Chief Sustainability Officer at the Society whose leadership in the sustainability realm has been an inspiration to everyone at our Foundation.
In 2011, Han’s leadership with the NGS “Green Team” led to his team receiving our For People and Planet award in the “Media” category for their efforts to reduce carbon dioxide (C02) emissions.
These efforts included reducing emissions from their operations by 80% with an additional goal of reducing emissions from their magazine paper and printing materials supply chain by 10% by 2015. The team has succeeded at numerous other efforts from obtaining Leadership in Energy & Environmental Design for Existing Buildings (LEED-EB) Gold Status for their headquarters building to compost and recycling programs in their cafeteria.
Since the origin of our relationship, with NGS, the Society has been a key supporter of several of our projects including the Purus REDD+ (Reduced Emissions from Deforestation and Degradation) Project in Acre, Brazil, and the Native Species Reforestation Project in Panama to offset the Society’s respective travel and office emissions.
We had the opportunity to speak with Hans on his impressive 41 years at the National Geographic Society and his broader work in the sustainability realm.
1. Please describe your current role as Chief Sustainability Officer at NGS and what lead you to that position?
I came to the Society in 1973, with a background in commercial printing. I came here to work in one of the photographic labs, compiling film for wall maps for 1.5 years and subsequently became responsible for the production and then the manufacturing of the Magazine. During that time I also handled all paper purchasing for the Society so I became very conversant with the issues related to paper manufacturing and the paper market. I took particular interest in learning all I could about the environmental impacts of all aspects of paper making; from seedling in the ground to recycling of old paper products. I took great pride in working with our paper suppliers to make sure they abide by or exceeded all applicable environmental regulations.
In 2006 I headed up a group of concerned NGS employees who felt we as an organization could do more to reduce the impact our operations had on climate change and to raise our collective awareness of our responsibility to conduct our business sustainably. Our groups focused on measuring the carbon emissions that we as a company were responsible for, including those emitted on our behalf by our suppliers. We knew we had to know our corporate carbon footprint, not only in the aggregate, but by product line or service sector so we could have a roadmap for the remedial actions we wanted to take. On the basis of this information, we made our buildings carbon neutral, achieved LEED-EB Gold status for our complex, and certified our campus as Energy Star rated and implemented many energy saving features.
On the basis of our success, I was designated Chief Sustainability Officer in 2009.
2. How did you get started in sustainability work? Who or what inspired you to go into a career in sustainability?
I have always had an inclination to try to be environmentally responsible and I like to think of myself as acting on what I know to be true. This is what led me to set environmental policy for our paper suppliers when I was handling paper purchasing for the Society, implementing a requirement to use best forest management practices, to exceed the guidelines of the Clean Air and Water Acts. In the mid 1990's I became increasingly convinced of not only the fact of climate change, but the reality that it was human activity that was causing this phenomenon. Additionally human activity was consuming finite natural resources at obviously unsustainable rates. I was of course aware that the Society was publishing or producing related stories in our Magazine and TV productions on these subjects so the problem was not a lack of public awareness of the issues but rather a problem of failing to act on what we know. I felt compelled to make a difference and to act, so I began talking to people and knew there was a critical mass of my colleagues who felt strongly, wanted to help, and were willing to volunteer their time to make a difference. That led to the formation of the GoGreen Committee (Now Green Team) which has been meeting monthly since late 2006 and is leading the sustainability initiative at the Society.
3. What personal accomplishments in the sustainability realm are you most proud of?
I would have to say being instrumental in starting the sustainability initiative at the Society and thereby creating an awareness that we as an organization and as individuals could and needed to do more than we were.
As to specifics: 1) Focusing our efforts on knowing our carbon footprint and focusing our efforts at reducing that that footprint by eliminating waste where we found it and thereby eliminating the cost of that waste. 2) Setting and then achieving the goal of becoming a carbon neutral facility and qualifying our Buildings for LEED-EB Gold certification. 3) Doing the most comprehensive Life Cycle Analysis (LCA) ever done on a Magazine in cooperation with our paper and printing suppliers. This was completed in 2009. 4) Convincing the Society to become a Triple Bottom Line (TBL) driven company in 2012. 5) Committing the Society to the idea of offsetting our scope III carbon (all indirect emissions except for purchased electricity, heat and steam). To date, we have reduced our scope III by over 20% since 2008.
4. What are you currently working on in the sustainability realm?
We are working with our suppliers of printing and digital media storage to document their emissions on our behalf and to look into renewable energy for those emissions. We are working to achieve carbon neutral status for everything we do, and to send zero waste to landfill. My goal is to have sustainability become part of the culture of the Society.
5. What is your personal biggest sustainability challenge?
Changing behavior at our company and getting more companies to start addressing climate change. Behavior changes are hard. Energy has always been cheap in the US, and the challenge is to change that perception and get people to change their behavior and use less. The other challenge is for all of us to personalize climate change and take responsibility for that change. At the end of the day each of us must make a commitment to change if we are to solve this problem. We all have the tendency to wait for someone else to start. Don't wait for someone else. You do it. Each of us can start today by: not leaving lights on, shortening the showers we take, using mass transit, recycling everything we can, etc.
6. What is going to be the biggest challenge for sustainability in the next 20 years?
Complacency on the part of most of us. Dependence on someone else to do the job for us. Ignoring the noise from the fossil fuel industry to say everything is OK when it is clearly not. A Congress that is divided to the point of dysfunction, so no federal leadership is possible. The naysayers that persist in trying to say that this is not a problem, and it is bad for the economy to address this issue. The fear mongers who wish to use this issue to divide us rather than to say here is a challenge we can unite on and fix.
7. For the next generation of environmental professionals, what advice would you give?
You do not have to be an expert. Read and act on what you know. Make the business case that waiting is paramount to throwing money away and that America cannot compete with clean economies around the world. Make the business case that inaction, or little action, is far, far more expensive and costly to jobs and prosperity than the most drastic actions we take today.
8. How did Carbonfund.org help you achieve your sustainability goals?
Carbonfund.org has been able to find projects for us to help us offset our use of natural gas to heat our buildings and use in our cafeteria. It has also helped us find projects that offset our business travel. My question to any offset provider has always been: Can you get me a two 'fer or three 'fer? By which I mean I am looking for projects that not only reduce carbon buildup in the atmosphere by adding sequestration capacity, but does doing so expand the habitat for an endangered species (either flora or fauna) in an area, thereby enhancing the possibility of that species' survival? So I am always interested in finding projects that have multiple benefits with the primary one being carbon emissions reductions. So far, Carbonfund.org has done a really good job finding such projects for us.
9. Why did you choose to work with Carbonfund.org?
In keeping with the idea of sourcing locally, I liked that Carbonfund.org is in fact local to Washington DC metro area. I also like the fact of Carbonfund.org being a not-for-profit, as I believe that addressing climate change should not be a profit driven undertaking. That is not to say that we should not do business with for profit entities, it is just that if not-for-profit is an option; that is my preference so we can put more dollars into emissions reductions.
Global warming currently cuts into the planet’s Gross Domestic Product (GDP) by 1.6 percent annually. This translates into $1.2 trillion, and the number is expected to double to 3.2 percent by the year 2030 if carbon dioxide emissions aren’t curbed.
According to the “Climate Vulnerability Monitor: A Guide to the Cold Calculus of a Hot Planet” report, the costs of inaction far outweigh the costs of taking on climate change. The report estimates reducing emissions at a cost of 0.5 percent GDP over the next 10 years.
And if money isn’t motivation enough, take a look at the almost 5 million deaths annually due to climate change. The report estimates it causes an average of 400,000 deaths each year, mainly from hunger and contagious diseases, plus an additional 4.5 million deaths annually from related global warming causes such as air pollution, dangerous occupations in the fossil fuel industry, and cancer.
The average of 3.2 percent losses to global GDP disguises the plight of poorer, developing nations who are disproportionately affected. The estimate for these countries, such as Bangladesh, for example, is an average of 11 percent of GDP by 2030. This is not to say that major economies avoid the effects either. China alone is estimated to lose more than $1.2 trillion in less than 20 years. By 2030, the total economic losses for the United States, India, and China will reach $2.5 trillion. According to the report, these three nations also will suffer over 3 million deaths annually, or half of all deaths.
A report released in July by the European Commission Joint Research Centre and PBL, the Netherlands’ environmental assessment agency calculated that last year global carbon dioxide emissions reached their highest point ever at 34 billion metric tons.
It’s time to tackle climate change now to reverse this scary trend and save lives. The price tag for doing nothing is too high.
Everyone has heard the saying that children are our future. Well, this week, a child spoke out about climate change and how the path we are on “with the earth warming, emissions and sea levels rising, our future here is questionable.”
Tcktcktck.org, the Global Campaign for Climate Action, offered young people around the world a chance for a Date with History by asking them, “If you had two minutes to tell the world's leaders what kind of future you want, what would you say?” The organization received nearly 200 video entries and thousands of votes. The winner was 17-year-old Brittany Trilford of New Zealand.
This eloquent young lady addressed heads of state from more than 130 nations on Wednesday, June 20, 2012 and spoke for the world’s approximately 3 billion children, roughly half of the Earth’s population, at this week's U.N. Conference on Sustainable Development in Rio de Janeiro, Brazil. The conference is also called Rio+20 to mark the 20th anniversary of the initial Earth Summit.
“Our future is in danger. We are all aware that time is ticking and we are quickly running out” said Miss Trilford voicing many parents’ fears.
“The people [20 years ago] at the [first Earth] Summit knew there needed to be change… They made great promises... These promises are left, not broken, but empty.”
“We, the next generation, demand change; demand action, so that we can have a future.”
Watch Brittany Trilford’s moving speech on climate change here http://youtu.be/karQQb-B8Uk and click here to see The Future I Want: her winning entry for the Date with History contest http://youtu.be/hpxsvZ4eqZk.
Climate change mitigation is possible. Carbonfund.org provides a number of ways for individuals to make a difference and reduce their impact on climate change, including reducing emissions by supporting reforestation projects. Get involved now so we can build a sustainable world and ensure our children’s future.
The National Resources Defense Council (NRDC) released a report on Wednesday, May 23, 2012 that estimates 150,000 additional American deaths in the country’s top 40 cities by 2100 due to the excessive heat caused by climate change.
The top three deadliest cities outlined in the analysis of peer-reviewed data include Louisville, Detroit, and Cleveland. Some other cities projected to have thousands of heat related deaths by the end of the century are Baltimore, Boston, Chicago, Columbus, Denver, Los Angeles, Minneapolis, Pittsburgh, Providence, St. Louis and Washington, D.C.
Why cities? Because that is where two-thirds of the U.S. population lives, and many municipal services there are not prepared to help people effectively beat the heat. Urban areas have high concentrations of poor with little to no access to air conditioning. Although everyone is at risk, children, the elderly, the obese, and those on medication are the most vulnerable.
We’re already seeing how global warming can kill with hundreds of heat related deaths annually. Extreme heat causes heat exhaustion and heat stroke and worsens illnesses such as cardiovascular disease and kidney disease. In 2006, a two-week long heat wave in California caused 655 deaths, 1,620 excess hospitalizations, and more than 16,000 additional emergency room visits, resulting in nearly $5.4 billion in costs. However, Chicago had an even deadlier record-setting heat wave in 1995 when more than 700 people died due to the excessive heat.
Some cities are learning from their experiences or heeding the warnings, and strengthening their municipal services. Chicago, Philadelphia, and Seattle have already put measures in place to lessen the risk from excessive heat days. Measures include improving the city’s heat warning system, emergency services, and establishing cooling centers.
There is hope; we can save lives by reducing emissions and improving emergency services. Some examples of climate change mitigation are supporting reforestation projects and using more renewable energy such as wind energy.
Read the report and get more information at http://www.nrdc.org/globalwarming/killer-heat/.