Comparing The Walmart and P&G Supplier Sustainability Scorecards

This spring Procter and Gamble (P&G) rolled out a sustainability scorecard program for its suppliers. The program requests information on energy, carbon emissions, waste, and water.

Responses are graded on a 1 (“Far Exceeds Expectations”) to 5 (“Far Below Expectations”) scale. The effort initially involves a group of 400 suppliers, of which some had a July 1 deadline to report. Details of the program are online and a good article about the program can be found here.

P&G joins Walmart and other large companies in implementing supplier sustainability scorecards programs. Similar to the Walmart Supplier Sustainability Assessment program, which is centered on 15 questions, the P&G program is clear and simple. Both initiatives focus on carbon, water, and waste and offer clear scores and performance expectations for suppliers. Each program is very transparent and easy to implement.

Differences in the programs do exist, due to company type — P&G is a manufacturer and Walmart is a retailer — and philosophy. For example, the P&G program is performance based (actual results per output units) and more explicitly focused on yearly supplier improvement, whereas the Walmart effort is goal orientated (does the supplier have a goal?). Walmart asks for information on sourcing policies, third party certifications, and community involvement, while P&G does not.

Both firms have done an absolutely outstanding job with these efforts and these programs are models for other manufacturers and retailers considering supplier scorecards.

Sustainability executives should expect more data requests in coming years from their top customers as other large companies implement similar programs. Executives can use these two programs as examples of the types of data that will likely be requested and begin to prepare their organization accordingly.

Paul Baier is vice president of sustainability consulting at Groom Energy.

UPDATE 1-D1 says Bromborough sale doubtful, shares fall

June 24 (Reuters) – Biofuels company D1 Oils (DOO.L) said on Thursday it was doubtful about the completion of the sale of its Bromborough site, after the third-party buyer cited issues regarding timing and structure of the deal.

Shares of the company were down 10.3 percent at 7 pence at 0705 GMT on the London Stock Exchange.

D1 cited “material uncertainty” over the closing of the transaction, and said it intended to remarket the biodiesel production and distribution site, if the sale is not completed.

The company was told by the buyer on Wednesday that it would still not be able to fund the deal, even under a revised payment structure, D1 said.

“Accordingly the board has decided to continue discussions for a further short period with the buyer, whilst taking legal steps to enforce its contractual rights,” the company said in a statement.

In February, the company announced that contracts had been exchanged for the sale of its Bromborough site for 2.6 million pounds ($3.89 million).

As part of the deal, 1.8 million pounds was to be paid in cash on completion of the sale, with 400,000 pounds to be paid about five months later and a royalty of 400,000 pounds payable over two to three years, based on biodiesel production from the site. ($1=.6683 Pound) (Reporting by Anirban Sen in Bangalore; Editing by Kavita Chandran)

Twitter’s service disruptions and outages persist

Twitter’s persistent and disruptive service outages entered a second week, as the company scrambles to bring its site availability back to acceptable levels.

After multiple incidents brought Twitter.com and its platform for third-party applications down several times last week, the company said on Friday that it had identified the causes and had taken concrete steps to resolve the problem.

Specifically, Twitter blamed errors in planning, monitoring and configuring its internal network, and said that in response it had doubled the capacity of its internal network, sharpened its monitoring and improved its load balancing,

“By bringing the monitoring of our internal network in line with the rest of the systems at Twitter, we’ll be able to grow our capacity well ahead of user growth. Furthermore, by doubling our internal network capacity and rebalancing load across the internal network, we’re better prepared to serve today’s tweets and beyond,” wrote Jean-Paul Cozzatti from Twitter’s engineering team on the company’s official blog.

However, problems continued throughout the weekend and into Monday morning, as acknowledged on the official Twitter Status blog, as the site returns its notorious “fail whale” error message.

Not even at its halfway point yet, June is already the worst month in terms of downtime for Twitter since October of last year, according to Web performance monitoring company Pingdom. So far this month, Twitter has been down for 3 hours and 3 minutes.

Twitter, launched in March 2006, had frequent and lengthy outages in 2007 and the first half of 2008, but then steadily improved its site uptime by beefing up and revamping its systems. In 2009, it had very solid months but also bad ones, like August, when it was down for more than 6 hours, according to Pingdom.

“If you look at the type of outages out there, they seem to be largely related to relatively new or fast-growing services. Often fast changes are harder to manage, especially by small, new startup teams that have not yet built lots of operational discipline and maturity,” said IDC analyst Al Hilwa.

Such services often face patterns of use they don’t fully understand and workload peaks of unknown scope for which they don’t have defined response plans, he said via e-mail. “This is a also a by-product of new architectures often used as the back-end of the cloud services supporting these types of new social networks or Web sites,” Hilwa said.

The predominant architectures to handle such scale require factoring the workload on many engines and having them collaborate as a distributed system. In the long run such architectures will mature, but for now operators are clearly challenged to provide the right level of robustness, he said.

“Finally, the main ways to achieve higher levels of availability involve spending money on redundant engines, which of course drives up the costs and is particularly challenging for start-up ventures or high-growth businesses, some of which are still trying to figure out what the revenue model will look like,” he said.

This year, Twitter’s worst month had been January with 89 minutes of downtime, but things have taken a turn for the worst in June. The difference now is that Twitter launched in April its Promoted Tweets advertising program, a key to its revenue-generating strategy.

Having repeated outages can’t help Twitter’s efforts to lure big-name corporate marketers. These companies will expect a certain level of system stability when committing to spending on an advertising campaign, especially when Promoted Tweets ads will be generated and posted in the same manner and with the same format as regular Twitter posts.

Twitter launched Promoted Tweets with a limited number of partners like Starbucks and Best Buy. Twitter hasn’t responded to a request seeking an update on the status of the program.

Twitter has been growing dramatically in the past two years, becoming the preferred tool for individuals to provide updates on their personal lives and for companies and public figures to promote themselves, their brands and products. Users posted about 2 million messages on Twitter in May, according to Pingdom.

Twitter has also been very popular with external developers, who have created more than 50,000 Twitter applications.

Lloyds considers listing 600 branches in new bank: report

(Reuters) – Britain’s largest retail bank Lloyds Banking Group (LLOY.L) is considering a stock market flotation of the chain of 600 branches that it is forced to sell by European Union regulators, the Sunday Times reported.

Deals

The listing would create a new British bank worth between 3 and 4 billion pounds ($5.8 billion) that would account for about 5 percent of the retail banking sector, the paper said.

“The group has until November 2013 to complete the divestment program agreed with the EU. We are therefore only in the preliminary stages of this process,” Lloyds said in a statement e-mailed to Reuters.

“Our objective is to sell this business to a third party rather than to float it.”

Lloyds is being forced to sell hundreds of branches to satisfy EU regulators and compensate for state aid. The bank was rescued by taxpayers during the financial crisis and is now 41 percent owned by the state.

(Reporting by Julie Crust; editing by Louise Heavens)

($1=.6865 Pound)

Lloyds considers listing 600 branches in new bank – paper

LONDON, June 13 (Reuters) – Britain’s largest retail bank Lloyds Banking Group (LLOY.L) is considering a stock market flotation of the chain of 600 branches that it is forced to sell by European Union regulators, the Sunday Times reported.

The listing would create a new British bank worth between 3 and 4 billion pounds ($5.8 billion) that would account for about 5 percent of the retail banking sector, the paper said.

“The group has until November 2013 to complete the divestment programme agreed with the EU. We are therefore only in the preliminary stages of this process,” Lloyds said in a statement e-mailed to Reuters.

“Our objective is to sell this business to a third party rather than to float it.” Lloyds is being forced to sell hundreds of branches to satisfy EU regulators and compensate for state aid. The bank was rescued by taxpayers during the financial crisis and is now 41 percent owned by the state. [ID:nL3540088] (Reporting by Julie Crust; editing by Louise Heavens) ($1=.6865 Pound)

DNO International ASA: DNO International ASA – Delayed final award with regards to arbitration proceedings

As previously reported to the market, DNO Iraq AS, a subsidiary of DNO International
ASA, is involved in arbitration proceedings related to certain third party interests in
Kurdistan.

Based on our best time estimate when releasing the first quarter results, DNO
International communicated a possible conclusion in this matter by the end of May 2010.
At present, no final award has been reached and no new information is received.

DNO International will publish updated information regarding the arbitration proceedings
as soon as such information is available.

Oslo, 8 June 2010

DNO International ASA
Corporate Communications

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

Rite Aid Reports 1.7 Percent Same Store Sales Decrease for May

CAMP HILL, Pa.–(Business Wire)–
Rite Aid Corporation (NYSE: RAD) today announced sales results for May.

Monthly Sales
For the five weeks ended May 29, 2010, same store sales decreased 1.7 percent
over the prior-year period. May front-end same stores sales decreased 3.6
percent while pharmacy same store sales, which included an approximate 124 basis
points negative impact from new generic introductions, declined 0.8 percent.
Prescriptions filled at comparable stores decreased 2.0 percent over the
prior-year period.

Total drugstore sales for the five-week period decreased 2.7 percent to $2.439
billion compared to $2.507 billion for the same period last year. Prescription
revenue accounted for 68.4 percent of drugstore sales, and third party
prescription revenue represented 96.3 percent of pharmacy sales.

Quarterly Sales
Same store sales for the 13-week quarter ended May 29, 2010 decreased 1.0
percent over the prior-year period. Front-end same store sales were down 1.3
percent while pharmacy same store sales decreased 0.9 percent. Prescriptions
filled at comparable stores decreased 1.7 percent over the prior-year period.

Total drugstore sales for the 13-week first quarter decreased 2.1 percent to
$6.368 billion compared to $6.506 billion in last year`s like period.
Prescription revenue represented 68.3 percent of total drugstore sales, and
third party prescription revenue was 96.3 percent of pharmacy sales.

Rite Aid is one of the nation`s largest drugstore chains. On May 29, 2010, the
company operated 4,767 stores compared to 4,825 stores in the like period a year
ago. Information about Rite Aid, including corporate background and press
releases, is available through the company`s website at http://www.riteaid.com.

Rite Aid Corporation
INVESTORS:
Matt Schroeder, 717-214-8867
or investor@riteaid.com
or
MEDIA:
Karen Rugen, 717-730-7766

Copyright Business Wire 2010

Erin Andrews” stalker ‘virtually penniless’: Report

New York, June 4 (ANI): ESPN reporter Erin Andrews’ convicted stalker has claimed that he is ‘virtually penniless’ and cannot pay the more than 300,000 dollars in restitution that was part of his sentence, according to reports.

Michael David Barrett, a 48-year-old insurance executive from Chicago, pleaded guilty to an ‘interstate stalking’ charge after he spied on Andrews at three different hotels as she showered and dressed for work.

He was sentenced in March to serve 27 months at a Los Angeles prison, according to a sentencing document.

As part of his sentence, Barrett was ordered to pay the out-of-pocket costs, Andrews, 31, had to accrue because of the violation.

According to TMZ, Barrett”s lawyer filed legal papers contesting the 327,442.27 dollars that ESPN claimed it had to spend in relation to the matter, reports the New York Post.

His lawyer said that ESPN is just a third party that has nothing to do with the prosecution and is just trying to cash in. (ANI)

Ferrexpo 2010 pellet output up 18 pct as demand continues

LONDON, June 2 (Reuters) – Ukrainian iron ore producer Ferrexpo Plc (FXPO.L) said total pellet production in the year to date jumped 18 percent as it continued to buy third-party concentrate to meet ongoing higher demand from steelmakers.

Overall pellet production has grown to 4.0 million tonnes this year, the London-listed company said on Wednesday via an e-mail.

Including 100,100 tonnes of pellets from purchased concentrate, overall pellet output rose to 860,300 tonnes in May, a 12 percent rise on the year-earlier period.

Total pellet production from its own raw materials grew to 760,200 tonnes in May from 755,100 tonnes in the year-earlier period.

(Reporting by Julie Crust; editing by Paul Sandle)

Pakistani man sells daughter, 9, to meet son”s wedding expenses

Lahore, May 26 (ANI): A Pakistani man sold his nine-year-old daughter to fund the wedding of his son.

Jan Muhammad Buzdar, from Tuman Buzdar, a tribal tehsil of Dera Ghazi Khan district, who sold daughter Rashida for Rs 80, 000, defended himself saying it was tribal tradition to sell girls in order to meet the expenses of their brothers” wedding, reports the Daily Times.

Jan Muhammad Buzdar and buyer Rafiq Buzdar said they had mutually agreed upon the deal and no third party had a right to interfere.

But residents of Tuman Buzdar say no such tradition exists in the area. (ANI)

Facebook considers simplifying complicated privacy settings

London, May 20 (ANI): Social networking site Facebook has been noting the complaints about its privacy settings being too complex and is considering simplifying them.

It has decided to take up the matter after criticism of its privacy policy came from US senators, the European Union and civil liberty groups.

The site also stated that it was listening to the message from users that it has “made things too complex”.

“We’re working on responding to these concerns,” the BBC quoted a spokeswoman as saying.

“Watch this space,” she added.

At the end of last year Facebook changed its default privacy settings, allowing profile information to be shared with the wider web, unless users specifically opted out.

Last month it moved a step further, opening up Facebook data to third-party websites, described by founder Mark Zuckerberg as a move towards “a web where the default is social”.

While Facebook sold the idea as a way to offer a more personalised surfing experience, critics were concerned that users were losing control over their information.

It prompted a letter from the European Commission saying changes to its privacy settings were “unacceptable”.

The move caused outrage among some users, who have organised a “Quit Facebook” day, scheduled for May 31. (ANI)

Facebook board member’s account hacked

London, May 11 (ANI): Jim Breyer, who is a Facebook board member and investor, was a victim of a hack attack.

According to reports, his account was hacked into, and several messages were then sent to his 2,301 contacts. The messages read: ‘Would you like a Facebook phone number?’ with a link to ‘see more details and RSVP’.

“This was a phishing scam Jim’s account appears to have been compromised. The issue has since been resolved and we’re actively trying to block this activity,” The Telegraph quoted Larry Yu, a Facebook spokesperson, as saying.

According to BusinessInsider, the attack couldn’t have come at a worse time what with Facebook under the microscope for its privacy policies.

Last month Zuckerberg announced Facebook’s plan to replace its Facebook Connect platform with a new set of social plugins which will extend Facebook’s influence and presence on the web, allowing its service to be more deeply embedded into third party websites.

The new service launched at the company’s annual F8 developer conference in San Francisco with 30 partners including several UK brands such as LoveFilm and Sky.

Facebook users will be able to click a ‘Like’ button on stories, photos, music or videos they want to share with friends, via the site. The ‘Like’ will then be kept by Facebook and can then be released back to the third party’s website, for them to use and tailor a more personalised online experience for that individual and their friends. Facebook estimates that it will serve one billion ‘Likes’ buttons by the end of its first day.

Zuckerberg said the changes were intended to put Facebook’s users and their friends at the “centre of the web”. (ANI)

Sydney couple forced five women to live in ‘conditions of slavery’

Melbourne, May 10 (ANI): It has emerged that a couple from Sydney forced five women to live in “conditions of slavery”, and made them work more than 100 hours per week, even if they were sick.

The jurors at the NSW District Court, who were told the hearing is a retrial, heard that the five women were recruited from Thailand by a third party, who arranged Australian visas for them.

Crown prosecutor Bruce Levet said on their arrival in Sydney, the women had their passports and phones taken and they were housed in “restricted circumstances” at the Fairfield brothel or the couple’s house.

In his opening address, Levet said the women were told they had incurred a debt of between 35,000 dollars and 45,000 dollars and had to work it off.

The jury was told the money the women made was split between the brothel and paying off their “artificial” debt.

He said the women, who cannot be identified, were forced to work at least 16 hours a day, seven days a week, even when they were menstruating or while they were sick.

Levet said the women were often locked in the premises and the couple dictated what they wore and where they went.

“(The crown submits) … these women were held and used in conditions of slavery,” the Australian quoted Levet as saying.

Trevor Frank McIvor, 62, and his de facto wife, Kanokporn Tanuchit, 44, have each pleaded not guilty to five counts of possessing a slave and five counts of using a slave.

The trial continues before Judge Jonathan Williams. (ANI)

Kendra Wilkinson’s sex tape due for May release

Washington, May 06 (ANI): Former Playboy bunny Kendra Wilkinson Baskett’s sex tape will be released at end of this month, it has emerged.

However, Kendra is fighting for its release.

“Kendra’s attorneys are currently evaluating and pursuing Kendra’s rights with respect to the purported video and any third parties involved in the possible sale, reproduction or distribution of the same,” her reps confirmed to OK! Magazine.

The company Vivid Entertainment is said to have obtained Wilkinson’s videotape and are planning to release it at the end of this month under the Vivid-Celeb imprint, reports Fox News.

Steven Hirsch, founder/co-chairman of Vivid said, “We know that Kendra has millions of fans and we feel that it”s rare to find well-produced, hardcore footage of a star of her magnitude.

“The tape was brought to us by a third party and after consulting with our attorneys, we are confident in our right to distribute it. We”ve been trying to reach Kendra but have so far been unsuccessful, We therefore made the decision to release ”Kendra Exposed” to stores across the country by the end of May.”

Kendra’s partner in the video is yet to be named, according to Vivid Entertainment. (ANI)

Chinaoil sells gasoline direct to Iran-trade

DUBAI, April 14 (Reuters) – State-run Chinaoil has sold two gasoline cargoes for April delivery to Iran, industry sources said on Wednesday, stepping into a void left by fuel suppliers halting shipments under threat of U.S. sanctions.

The cargoes were Chinaoil’s first direct sales to Iran since at least January 2009, according to Reuters Data. Chinese firms have previousluy sold through intermediaries, traders said. [ID:nPEK505199]

“Prior to this there was some third party trades going on, but this was a direct sell,” a trader said. (Reporting by Luke Pachymuthu; Editing by James Jukwey)

Morgan Stanley bows out of Atlantic City project

(Reuters) – Morgan Stanley is bowing out of the Revel casino in Atlantic City, a move that will result in a “substantial loss” of its $1.2 billion investment in the partially built property.

U.S.

The financial services company said in a filing on Thursday that its board authorized a “plan of disposal” for Revel Entertainment Group, LLC, a subsidiary of Morgan Stanley that has been developing the beachfront casino-hotel on the boardwalk.

“The company will consider various alternatives to effect the full disposition of Revel, which may include a direct sale to a third party or an auction process,” the company said.

Morgan Stanley did not say why it was withdrawing from the project in its filing with the U.S. Securities and Exchange Commission. The company was not immediately available for comment.

The bank’s departure comes as Atlantic City faces stiff competition from slot parlors in neighboring states. The $2 billion Revel casino was widely viewed as a project that would lure more gamblers and tourists to the city.

But the project, which began in 2007, has faced challenges. In January 2009, Revel slowed construction on the project, focusing solely on the exterior, and laid off workers.

(Reporting by Deepa Seetharaman; Editing by Jan Paschal)

Small Tas council takes on banking giant

A southern Tasmanian council is planning to take on one of Australia’s big banks after losing more than $1.5 million on an investment.

The Huon Valley Council says it invested $4 million with the Commonwealth Bank in 2006.

The Council says the bank gave control of the money to a third party and it has lost $1.73 million on the investment.

Mayor Robert Armstrong says the bank did not disclose the third party’s involvement or adequately advise the council about the risks.

“We spoke to the local government division of the Commonwealth Bank and they gave us the indication these were good secure loans,” he said.

The Council is preparing a legal case against the bank, alleging negligence, breach of duty and misrepresentation.

Councillor Armstrong says the investment was part of the council’s long-term financial strategy and the losses will not affect ratepayers.

The bank says it will not comment on the issue due to customer confidentiality.