03 Oct '11, 4pm

Timberland Makes Some Progress on Cutting GHGs While Growing Sales

Timberland Makes Some Progress on Cutting GHGs While Growing Sales

It's a good sign when business activity picks up and revenues climb, particularly after the economic roller coaster we've ridden the last few years. Unfortunately, business growth usually means greenhouse gas emissions will grow, too. That's a sober reality even the most green-minded companies must confront. Case in point: Timberland released its quarterly earnings today, revealing that greenhouse gas emissions ticked up 11 percent in the second quarter of 2011, largely due to increases in air travel and the company's decision to stopped buying carbon offsets for its Smartwool operations. At the same time, Timberland's revenue soared 27 percent in Q2 , showing that the company is finding some success in decoupling emissions from business growth. A slight increase in green power purchases -- 14.4 percent in Q2, compared to 12.68 percent in 2010 -- helped. Timberland expects...

Full article: http://www.greenbiz.com/news/2011/10/03/timberland-makes-...

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