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Since 2005, First Solar has been a part of an established global recycling and take-back program for its panels since 2005. As Butler said, “There is a need to create the right infrastructure in order to realize that valuecreation, and to provide opportunities for materials to be recovered and re-utilized in some way, shape or form.".
That interest had already been growing among shareholders, but investors hadn’t really been vocal about how they were increasingly viewing human capital as a source of valuecreation in the firm versus merely a cost to be minimized. In 2005, seven years before we launched the Human Capital Management Coalition, we were already at 80%.
These higher prices of allowances are a key signal for companies to push for decarbonisation as demonstrated by the 35% emission reductions in installations covered by the ETS between 2005 and 2019. The benefits are that the investment remains within the company’s valuecreation cycle and improves stakeholder relationships.
She makes an important contribution to that through her persuasive arguments and case studies, encouraging business leaders to move beyond a prioritization of short-term shareholder interest to shared purpose-driven, multi-stakeholder, long-term valuecreation.
SAP Green Ledger will enable granular and auditable data capture across the value chain, supporting organizations to transform ESG from compliance exercise to value-creation strategy. It entered into force on 5 January 2023. **The
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