More than 90% of business students in a study on corporate social responsibility said they would be willing to sacrifice some percentage of their future salary to work for a responsible employer. A surprising number of 14% are willing to sacrifice more than 40% of their future income to do so.
However business students who were also employed full or part time were willing to sacrifice less of their future income than other participants. Those employed made up more than 60% of participants (30% occupying management positions).
Learn more (via The Conversation) >>
The California Battery Farm project is part of Elon Musk’s plan to help transform the power grid. Located at the Mira Loma substation of Southern California Edison, this is the biggest battery farm Tesla has built to date. Southern California Edison will use the battery farm, which has been operating since December and is one of the biggest in the world, to store energy and meet spikes in demand – like on hot summer afternoons when buildings start to crank up the air conditioning.
Learn more (via The Guardian) >>
Ship owners and operators have saved $3 billion of fuel and 32 million tons of CO2 by using AkzoNobel’s biocide-free marine coatings, according to the paints and coatings company.
AkzoNobel says these combined total savings, achieved since the Intersleek technology was first introduced 21 years ago, were calculated by comparing the fuel saving performance of Intersleek to each vessels’ previous hull coating system. They estimate fuel cost at $300 per ton.
More than 5,500 vessels have been coated with Intersleek products over the past two decades.
Learn more (via Environmental Leader) >>
This post was written by Margaret Arzon, SEMBA ’17
In SEMBA, we are encouraged to connect and learn from other social entrepreneurs that are currently driving business to create a social and environmental good. As part of an assignment for our Entrepreneurial Leadership and Mindset class with Dita Sharma, my classmate Julie Allwarden and I sat down with the owner of Pingala restaurant, Trevor Sullivan, to talk about what inspired his business.
This post was written by Adam Berry, SEMBA ’17
What can we do when we need to be creative, but it’s not there? We’ve all had it, be it writer’s block, artist’s block, entrepreneurial block, etc., the dreaded block is a creative type’s worst nightmare. What if we had a way to break through this block that was fun, easy, and took less than 10 minutes to complete? It may sound crazy, but I shared a tool with my SEMBA classmates this March that touched on all these requirements. I call it On Demand Creativity.
The alternative uses task, as it is more commonly named, was created by J.P. Guilford in 1954. At its very core, the task looks at an everyday object and aims to discover alternate uses for that object. For example, a paperclip’s primary use is to bind papers together. A paperclip may alternately become a ring, necklace, or earring. Within eight minutes, alone or in a group, one can look for as many of these uses for a paperclip, or other object, as possible. The aim is number of ideas generated. As a byproduct of looking for the highest number of alternatives, creativity starts to flow. Questions are asked: how many paperclips am I allowed? Can I manipulate them? How much time am I allowed to make the new object? Is it just me or can many people work on this? Over time, assumptions are either created or shattered, and in this brief timeframe, our minds open up to new possibilities and our proverbial creative juices get flowing.
This post was written by Brett Spusta, SEMBA ’17
“Connectivity is productivity,” a mantra which has guided entrepreneur Iqbal Quadir to put cell phones in the hands of over 100 million Bangladeshi people. A country once thought to be synonymous with poverty is now seeing unprecedented economic growth due, in part, to the success of Iqbal Quadir and his venture, Grameen Phone, a micro-loan based company which allows those at the base of the pyramid access to modern communication. Iqbal, who is a SEMBA advisory board member, visited the SEMBA class as part of the Entrepreneur in Residence series. He proved to be a model of the disruptive and visionary values that SEMBA represents. He demonstrated that capital is not the source of innovation and development; rather, development is the source for capital.
Germany is embarking on an innovative project to turn a coal mine into a giant battery that can store surplus solar and wind energy and release it when supplies are lean.
The Prosper-Haniel coal mine in the German state of North-Rhine Westphalia will be converted into a 200 megawatt pumped-storage hydroelectric reservoir that acts like a giant battery. The capacity is enough to power more than 400,000 homes, according to Governor Hannelore Kraft.
Learn more (via EcoWatch) >>
You might think common urban complaints in the major cities of Western Europe might be about the state of the roads, or property prices. But there’s increasingly a more serious complaint: not being able to breathe. Cities might be efficient machines for living, but when we collectively burn gas to heat our homes and then collectively sit in traffic every morning, we’re making our machines unliveable.
Despite global progress made on lowering emissions, cities from London to Beijing to São Paulo have atmospheres that are so polluted that residents are often warned not to leave their homes unless they have to. To combat the problem, three European cities–London, Paris, and Barcelona–and their mayors are pursuing radical policies to cut traffic, often to the deep chagrin of the cities’ drivers, but at great benefit to their citizens’ lungs.
Learn more (via Fast Company) >>
“Use by” labels on food in the US are to be simplified after the food industry agreed to restrict what can be put on packaging. For decades confusion over the meaning of the words and dates on food packaging has been a leading cause of household food waste. The sheer variety of terms – best by, best before, sell by, use by, use or freeze by, to name a few – is boggling.
Learn more (via The Guardian) >>
Tesla’s Kauai solar power facility is officially open for business, with a 13 MW SolarCity solar farm installation providing power to a Powerpack storage facility with 52 MWh of total capacity. The beauty of the new facility, in terms of the specific needs of the sun-soaked island in the Pacific, is that it can capture energy from the sun during peak daytime production hours, and then keep that power ready for peak consumption hours at night.
Tesla’s new solar facility in Kauai isn’t going to completely reduce its dependence on fossil fuels — the island will still rely on diesel shipped in to provide some of its power requirements. But the new facility will offset some of that use of dirty burning fuel, reducing overall usage of fossil fuels for power needs by around 1.6 million gallons per year.
Learn more (via Tech Crunch) >>