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vital to ensure biofuels both deliver on their extinct over the next decades. As Sandra all the company’s divisions and business
promise to make a signifi cant reduction in Knapp has recently pointed out (Times units. Over 30 initiatives were carried out in
Sustainabilit
CO
2
emissions, and do not confl ict with the Literary Supplement, January 9, 2009): 2007, constituting almost 50% of the total
need to produce food.” “The intricate workings of tropical forests programme.
Warren adds, “The UK is in a strong are not clearly understood even today; how
position, with its Carbon and Sustainability the extinction of even a single species will Management of biodiver-
targets in the RFTO (Renewable Transport affect an ecosystem is a subject of much sity and reforestation
Fuels Obligation) to establish market current debate... Far from being a great Repsol’s operations in Argentina and
leading industry standards for Europe and emptiness to be exploited and profi ted from, Brazil aim to develop projects where the
globally to deliver sustainability throughout the Amazon must be appreciated for what management of biodiversity is integrated
the biofuels supply chain, from farm to it really is — a reservoir of natural richness throughout the life cycle of their business
pump.”
Warren says that the increased focus
on renewable heat and renewable fuel for y
transport demonstrates that a cohesive
effort on all fronts will be required to meet
UK government targets. “For renewable
heat to make an effective contribution,
a framework of support will be required
to recognize the benefi ts of CO
2
savings,
together with focused policy to ensure critical
barriers are removed, such as facilitating
the deployment of district heating networks
to enable the widespread use of CHP, and
encouraging the use of the renewable
energy in existing housing stock.”
»The role of business
corporations in this
brave new world of
initiatives aimed at
conserving the planet’s
resources should not
Communities rely on
maintainance of water
be underestimated.
reservoirs.
Sustainable steps from which we can learn much about how activities. The project found, for example,
This is not to say that great steps have not our planet works.” that precautions must be taken to diminish
already been taken. Many of today’s global Carrying a torch for reforestation and the disturbance of the seismic operation in
businesses, owners of the mega brands, other environmental programmes in the vicinity of marine mammals.
for example, now take very seriously their regions of Argentina is Repsol, a giant A specifi c initiative aimed at reforestation
corporate social responsibilities, and this international energy company with some of the Mata Atlántica region in 2005 involved
usually includes self-regulatory moves 36,400 employees worldwide and a net Repsol joining with the SOS Mata Atlántica
to improve sustainability in a range of turnover of €3.2 billion (£2.8 billion). Repsol Foundation to create Floresta Repsol. Run
initiatives that both shareholders and is active in petroleum and gas exploration under an umbrella program called “Florestas
consumers expect to see. and production, refi ning and marketing, do Futuro” (“Forests for the Future”), the
Deforestation remains a major concern as well as in chemicals and electricity. fi rst Floresta Repsol was made up of 15,000
and if we turn our focus now to that According to the World Business Council seedlings of native species from the Mata
cradle of biodiversity, the Amazon basin for Sustainable Development, for the past Atlántica that were planted on nine hectares
and its surrounding countries, we are two years including 2009 Repsol has had a in the basin of the Paraíba do Sul river (in
M
O
faced with the alarming recent research Corporate Responsibility Master Plan which the city of Pinheiral, Rio de Janeiro state),
F
.
C
R
3
2
that suggests, inter alia, that about 40% is supervised by its Corporate Reputation the main water source in the area.

1
© of rare tree species are likely to become Committee, formed by representatives from This programme was aimed at the
www.yearofplanetearth.org PLANET EARTH 99
PE23.sustain ability.kj.mw.indd 99 23/2/09 3:22:45 pm
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