The following text is adapted from prepared remarks at a
Bloomberg Earth Day panel discussing Bloomberg Philanthropies' Vibrant
Oceans Initiative.
The work that Bloomberg employees do is
helping the world meet the big environmental challenges we face. That’s
something we can be proud of.
Our company is showing that what’s good for the environment is also good for business.
Just
to give you one example: We built a solar power facility in Princeton
that provides half of the power for our offices there – at a rate
cheaper than if we were buying power from the grid.
When we
generate more energy than we need, we sell the excess back to the grid.
That increases the amount of solar power local homes and businesses are
using – and it saves us money.
We’re also setting a strong example through our volunteer program.
Each
year, employees volunteer thousands of hours to projects that protect
the environment and help us confront climate change. We clean public
parks and waterways, and plant trees and beach grass, which protects
coastlines from rising seas and severe storms.
Of course, everyone at the company also contributes to the work of Bloomberg Philanthropies, because almost all of the company’s profits go to support our foundation.
The
environment is a major focus of our foundation – along with education,
the arts, public health, and government innovation. Our environmental
program is steadily growing – and one of the largest impacts we’ve had
is through our partnership with the Sierra Club to move the U.S. economy
away from its dependence on coal.
Coal pollution is the number
one contributor to our nation's carbon footprint, and causes many
serious health problems. So through our Beyond Coal campaign, we’re working to close down coal plants and replace them with cleaner energy.
Since
2011, we’ve helped retire nearly 190 coal plants. As a result, 5,500
fewer people are dying each year from coal pollution than did just four
years ago. Less dependence on coal is the reason why the U.S. has
reduced its carbon footprint more than any other country in the last
decade.
So all Bloomberg employees have made an incredible impact
on climate change, just by working here. That’s something everyone can
take pride in.
Last year, our foundation began tackling another
major environmental threat that is also a serious public health issue:
overfishing, which means taking more fish out of the ocean than can be
naturally replaced.
More than three billion people depend on fish
as their primary source of protein, or their primary source of income –
or in many cases, both.
Last year, we began working to stop
overfishing in three countries with large fishing industries: Brazil,
Chile, and the Philippines. We joined with three great partners who are
working to preserve the oceans: Rare, Oceana, and Encourage Capital.
Our oceans program is still young, but we’re already seeing progress – and having a real impact on people’s lives.
Every individual at Bloomberg deserves credit for helping make that possible.
Rabu, 22 April 2015
Why Earth Day Matters at Bloomberg
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