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Sustainable Practices 2005
Innovations, Technologies, and Products
Coming Soon to a World Near You
June 17, 2005

Novamont Develops First Certifiable Compostable Non-GMO Thermoplastic Film. Italy’s Novamont Corporation has developed the first thermoplastic film that is certifiably compostable in home composting. The film, Mater-Bi ™, is made from non-genetically modified maize starch . The film degrades in a single composting cycle and has been certified for such use by AIB Vincotte, an international certification institute headquartered in Belgium. It is the first thermoplastic product ever to achieve this standard. It is also certified biodegradable under controlled composting conditions in accordance with the EN 13432 standard. Today over 3,500 councils in Europe and hundreds of others throughout the world serving over 15 million people regularly use Mater-Bi bags. (Novamont, 2005, http://www.materbi.com/)

Papua New Guinea Shipping Company Plans Biodiesel Conversion for All 16 Vessels. The Rabaul Shipping Company, the largest shipper of copra (dried coconut meat) in Papua New Guinea, announced that it will gradually convert all of its 16 ships to use coconut oil for fuel. The initial trial of the coconut fuel proved that the oil had more power than diesel. The company noted that if current copra output is processed into coconut oil and used as a diesel fuel replacement, Papua New Guinea could save over $32 million in foreign exchange from imported diesel on the current prices. (Small Island Developing States Network, June 9, 2005,
http://www.sidsnet.org/latestarc/energy-newswire/frm00026.html)

Climate Risk Investment Leaders Announce Call for Action. The Investor Network on Climate Risk (INCR) has issued a ten point Action Plan that calls on investors, fund managers and financial advisors, companies and government to respond affirmatively and definitively to climate risk. . Climate risk includes financial, fiduciary, and liability risk ensuing from climate change. INCR was established to promote better understanding of the risks of climate change among institutional investors. It encourages companies in which its members invest to address any material risks and opportunities to their businesses associated with climate change and a shift to a lower carbon economy. Commitments flowing from the Action Plan include an effort to deploy $1 billion of capital to help catalyze the adoption of clean technology, the development of a model climate risk policy for investors specifically addressing shareholder resolutions, proxy voting and corporate dialogue, and the development of a “Corporate Governance Scorecard on Climate Risk” for the 100 largest emitters of greenhouse gases and the distribution of this scorecard throughout the investor community by the end of 2005. (Investor Network on Climate Risk, 2005,
http://www.incr.com/)

Sustainable Practices 2005 is a weekly information service compiled from publicly available sources and provided by EPA Region 8’s Sustainable Practices and State Partnerships Program. For more information, contact David Schaller, 303-312-6146, schaller.david@epa.gov


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