Nokia Releases Sustainability Report
Nokia Semens Networks (Nokia) has made available its Sustainability Report 2010 (6 May 2011), which outlines the company’s environmental and social performance and impact. The company has taken steps to increase data disclosure and transparency in areas including environmental performance, health and safety, and supply chain related information.
Highlights from the report include that:
- 50% of the energy consumed by Nokia facilities worldwide is derived from renewable sources;
- “[e]mployee awareness is a key element, with 92% of employees completing the annual ethical business training”;
- “the company spent nearly 57 million Euros on employee training”; and
- Nokia “achieved the 18001 OHSAS Occupational Health and Safety Management System certification in ten key high risk markets of operation”.
Nokia’s media release (9 May 2011)
Toyota Electric Could Pay US$25 Billion in Compensation
Reuters reports that Tokyo Electric Power (Tokyo Electric) and other firms may be required to bear the cost of compensation for damages arising from its nuclear power plant, estimated at 4 trillion yen. Reportedly, the government, along with Tokyo Electric and creditor banks have, drafted a scheme “that would allow the utility to cope with the bill of compensating those displaced by the crisis at its Fukushima Daiichi plant”. The plan reportedly requires Tokyo Electric to pay 2 trillion yen in compensation over a ten year period. Kansai Electric Power and seven other nuclear plant operators are reportedly expected to pay the other half of the 400 billion yen annual bill.
Reuters: Tokyo Electric may face $25 billion in liabilities: report (3 May 2011)
BP Fined US$25 Million for Oil Spill
The US Department of Justice (DoJ) has announced that BP Exploration Alaska (BP Alaska) has agreed to pay US$25 million in penalties for the Alaskan North Slope oil spill and will also implement a pipeline integrity management program as part of the agreement. Investigators from the Environment Protection Authority and the Pipeline and Hazardous Materials Safety Administration (PHMSA) found that BP Alaska’s failure to adequately inspect and maintain the pipeline led to the oil spill. The PHMSA had issued a corrective notice to BP Alaska, however the company did not comply with the terms.
DoJ’s media release (3 May 2011)
Related news item:
New York Times (NYT): Shell Tries to Calm Fears on Drilling in Alaska (1 May 2011)
(Source: DoJ; NYT)
Gas Distributors Settle Illegal Mixing and Distributing Allegations
The US Department of Justice (DoJ) has announced that petroleum distributors Rocky Mountain Pipeline System, Western Convenience Stores and Offen Petroleum have agreed to pay US$2.5 million to settle charges that they illegally mixed and distributed over one million gallons of gasoline. In addition to the monetary settlement, the companies are required to implement an environmental project designed to offset the alleged harm resulting from these acts.
DoJ’s media release (4 May 2011)
Company to Pay Almost US$1 Million to Settle EPA Action
The US Environmental Protection Agency (EPA) has announced that Atlantic Richfield Company (ARC) has agreed to pay EPA’s costs from cleanup actions at the Anaconda Mine site and will pay US$940,085, bringing the total amount collected to US$5,910,121. EPA and ARC will use the funds towards urgent cleanup needs at the site and to further investigate site contaminants in soil and groundwater. 6,000 tons of soil contaminated with radioactive materials and 27,000 feet of pipe contaminated with asbestos and radioactive materials are among the actions completed thus far.
EPA’s media release (27 April 2011)