Vault’s Digital-Only Guide Details Environmental Initiatives at Over 100 of the Nation’s Most Well-Known Companies; Up From 34 Last Year
New York, NY, (November 18, 2009) With the idea of sustainability becoming essential to a business’ growth and success, Vault.com, Inc. (www.vault.com) has released its second annual Vault Guide to Green Programs, highlighting some of the efforts companies have made to incorporate environmental concerns into their business practices, from simple recycling to financial incentives to employees.
The survey shows some interesting trends with 94.5% of those questioned stating that they practice waste reduction programs, while 92.7% take part in energy conservation endeavors. In addition, 61.8% of those surveyed have environmental teams comprised of employees that are accountable for meeting green-related goals, and 69.8% answered that they consciously prefer to do business with suppliers or third-party vendors that are eco-friendly.
Further questioning revealed some interesting findings that include:
• Since 1990, Walt Disney World Resort’s water conservation initiatives have enabled net aquifer withdrawals to remain at the same level as 22 years ago.
• 100% of Pepsi Bottling Company’s U.S. electricity needs are offset through the purchase of renewable energy credits.
• Intel Corporation tied a portion of each employee’s variable compensation to the achievement of corporate-wide sustainability goals.
• In 2008, General Electric invested more than $1.4 billion in cleaner technologies, up from $750 million in 2005.
• Seventh Generation employees can be reimbursed for up to $500 per year for home initiatives to reduce their personal carbon footprint and are eligible for up to three $5,000 loans for longer term carbon footprints reduction efforts.
“Success does not have to come at the expense of the environment, and as we have seen in recent years, companies have made sustainability central to their business strategies,” said Vault.com CEO Erik Sorenson. “As Vault.com embraces our own efforts to preserve the environment, we are responsibly helping companies promote their practices with this all-digital guide that will serve as a model for how future guides are published.”
Along with the companies featured in the guide, Vault continues its commitment to going green with the expansion of initiatives that include a “green team” and more environmentally friendly office practices and products. Last year’s version of the Vault Guide to Green Programs was the first ever guide to be released as an e-book, a decision Vault.com looks to embrace fully in 2010.
Stemming from the success of last year’s volume, the Vault Guide to Green Programs increases its breadth of focus, featuring survey results from 110 prominent North American companies, up from 34 last year. In addition to 45 law firms, companies profiled include Accenture, Bank of America, Burger King, Citi, Gap Inc., GE, HP, Intel, Liberty Mutual, Pepsi Bottling Company, Sprint, Southwestern Airlines, Staples, Thomson Reuters, Disney, and many more.
“Sustainability is no longer just a buzzword. Copenhagen notwithstanding, it is these measures by corporate America and the need for new environmental careers that can ultimately lead change across the country,” said Aman Singh, Vault.com’s Editor for Corporate Responsibility and an IEMA Certified CSR Practitioner. “These 110 companies have taken the lead in their industries by taking the initiative to discuss their efforts in becoming sustainable and serve as inspirations for other companies to follow.”
The Vault Guide to Green Programs has been released in conjunction with the Vault Guide to Environmental Careers.
Vault is the leading media company focused on careers. Vault delivers the most comprehensive online career resource at www.vault.com, which features thousands of company and university profiles, information on hundreds of occupations and industries, articles on a multitude of workplace topics, a network of message boards for professionals with over 2,200,000 posts and jobs-related video, blogs and research tools. Vault publishes more than 120 online and print books, from the best-selling Vault Guide to the Top 100 Law Firms to the Vault Guide to Schmoozing . The company’s clients include nearly 1,000 advertisers and recruiters, over 1,000 universities and graduate schools and over 7,000,000 consumers worldwide. Maintaining offices in New York, London, Mumbai, and Hong Kong, Vault was founded in 1996.
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**Note to the Media: Please contact Jon Minners to obtain access to the full guide through the site’s subscription content.