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Corporations Go Public with Eco-Friendly Patents

080124_ecopatent.jpgLeading members of the corporate community have come together in a first-of-its-kind effort to help the environment, unleashing dozens of innovative, environmentally responsible patents to the public domain. Availability of these patents will encourage researchers, entrepreneurs and companies of all sizes in any industry to create, apply and further develop their consumer or industrial products, processes and services in a way that will help to protect and respect the environment. The World Business Council for Sustainable Development (WBCSD) and IBM — named today by IFI Claims as the leading earner of US patents for the 15th consecutive year — are initiating this effort in partnership with Nokia, Pitney Bowes and Sony. The pledged portfolio, dubbed the “Eco-Patent Commons”, is available on a dedicated, public website hosted by the WBCSD. Patents pledged to the Eco-Patent Commons — originally proposed at IBM’s Global Innovation Outlook conference — feature innovations focused on environmental matters and innovations in manufacturing or business processes where the solution provides an environmental benefit. For example, a company may pledge a patent for a manufacturing process that reduces hazardous waste generation, or energy or water consumption. A pledged patent covering a procurement or logistics solution may reduce fuel consumption. Examples of the environmental benefits expected for pledged patents include: Energy conservation or improved energy or fuel efficiency; Pollution prevention (source reduction, waste reduction); Use of environmentally preferable materials or substances; Water or materials use reduction; Increased recycling opportunity. Image source: > Continue.
News selected by Covalence | Region: Africa | Company: IBM, Sony, Nokia, Pitney Bowes | Source: WBCSD

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