Professor Andy Hoffman faculty at the University of Michigan's Erb Institute for Sustainability in Business, shares his research on "Profit, Regs, and Rep: Why Companies Reduce Their Footprint." This research is especially relevant today in the midst of COP23 where U.S. businesses are operating in the absence of federal regulation mandating compliance in carbon reductions. So, why are businesses reducing their carbon footprint? The business case!
Regularly, you work to prepare a comprehensive supply chain assessment. Hours are spent building a robust questionnaire for your tier 1 suppliers. The goal is a 100% response rate, so that you have valuable intelligence to manage and improve your supply chain. Maybe the focus of your assessment is traceability and mapping, or perhaps calculating GHG emissions. You send the questions and it takes the suppliers about two hours to complete. Two hours of work isn’t too much to ask, right? Or is it?
Marsh & McLennan Companies is a global professional services firm offering clients advice and solutions in risk, strategy and people. This week, the company published its fifth Corporate Citizenship Report.
This year Westpac Group marked an extraordinary milestone in Australia’s history – becoming the nation’s first company to celebrate its 200th year in business.
In the last two decades, there has been a manifold increase in the number of reporting requirements and guidance documents related to corporate reporting on ESG issues as governments, nonprofits, stock exchanges and others look to companies for transparency on their sustainability performance. As a result, an increasing robustness is now seen in non-financial reporting among companies worldwide.
The CLP Group highlighted the importance of tracking the trends that are changing the business landscape and the need for incorporating the trends into a company’s strategy to maintain a sustainable business in the latest edition of Reporting matters.
In mid-June 2017, the Schneider Electric Foundation, under the aegis of the Fondation de France, and Ashoka, launched a new Call for Projects, in partnership with Enel, to select the 15 most innovative organizations that offer creative and systems-changing solutions to tackle fuel poverty and promote energy sustainability in Europe. Fuel poverty is a major issue in Europe, whereby tens of millions of people struggle every day to ensure adequate heating, light, and cooking power in their dwelling at an affordable price. This severely affects their health and wellbeing and ultimately has a negative impact on society.
As early trading and bartering have grown into a booming, trillion dollar world economy over the last several hundred years, so has the need for companies to reevaluate how they are participating in this economy.
The three events were all under the umbrella of the ‘impact week’ showcase – three days (Tuesday to Thursday) designed to position Botswana as the centre of gravity for the diamond industry and the benefits it can bring. A host of high-profile speakers from government, industry and academia as well as fashion, the media and sports addressed the conferences.
As investors converge in Bonn, Germany this week for the 23rd session of the Conference of the Parties, or COP23, to showcase how they are taking action to reduce the nation’s carbon footprint, a new report released today by the sustainability nonprofit organization Ceres and the Clean Energy Venture Fund (CEVF) finds that the accelerating trends in the clean energy technology investment market over the last seven years are expected to improve investment returns into the foreseeable future.
As part of Bechtel’s commitment to contribute 100 ideas to support the United Nation’s 2030 Sustainable Development Goals (SDGs), this case study examines how large-scale construction projects can be transformative by shifting from local content programs to long-term economic development. This change enables governments to organize business partnerships more strategically, broaden local participation, and promote systemic change across national workforce policies and programs.
Diverse teams build better products — period. At GoDaddy, we make apps and services that our worldwide community of entrepreneurs can relate to. Our...
The business landscape is reorienting itself and you can almost hear priorities shifting toward change-readiness and the bigger picture. And in this...
AEG embraces its responsibility to enrich the lives of people in the communities around the world where we do business, and to use business to create...
