How Billionaire Greed Ruined a Perfectly Good Strategy Called Corporate Sustainability. (Part 1)
Where has corporate Sustainability and its cousins; CSR, Impact Investing, Profit with Purpose, and Social Innovation actually taken us? Some may argue that it’s delivering a cultural shift in how we conduct business and some might argue that it’s a slow process and that we just need more time. But the harsh truth is that despite all of the positive inputs that are being added to the capitalist recipe, the end product is becoming more brutal and difficult to swallow.
UN Global Compact Bulletin (April 2019)
Almost four years into the 2030 Agenda, it is clear that our actions are not transformational enough, nor at the scale and pace needed to deliver on the Sustainable Development Goals (SDGs). Estimates project that it will require roughly US $5 to 7 trillion of annual investments to make this happen. This leaves us with a financing gap of between $2.5 and 3 trillion annually, and for each year we fail to close the gap, the price tag grows.
Fair Trade USA & Rachael Wang Create First-Ever We Wear Fair Trade Lookbook
Fair Trade USA unveils its first ever lookbook, We Wear Fair Trade. Made in partnership with renowned fashion director, activist, and stylist Rachael Wang, the lookbook features exclusively Fair Trade Certified™ apparel modeled by contemporary human and environmental rights advocates.
Strategic Investor Initiative Releases New Framework for Companies Seeking to Develop Long-Term Plans
Building on a significant body of original research and ongoing feedback from institutional investors, CECP’s Strategic Investor Initiative (SII) has released a template for companies seeking to develop and communicate effective long-term strategic plans that help inform investment, voting, and engagement decisions. According to buy-side investors, the long-term should be described in terms of goals, metrics, and milestones, to enable a deeper understanding of the strategy and to track progress as it is implemented.
Comerica Aids Big Brothers Big Sisters of Washtenaw County in Raising Over $50,000 for 2019
For the seventh consecutive year, Comerica Incorporated (NYSE: CMA) served as the presenting sponsor for the Big Brothers Big Sisters of Washtenaw County’s annual Rise and Shine for Kid’s Sake! Breakfast. The event, held April 18 at the Barton Hills Country Club in Ann Arbor, Michigan, supports the organization’s Investing in Children Circle annual fundraising campaign.
Mohawk Industries 2018 Sustainability Report Showcases Flooring Company’s Commitment to Handprints Over Footprints
The power of handprints over footprints is the focus of the 2018 Sustainability Report released online by Mohawk Industries today. This year’s report illustrates how a growing commitment to sustainability by the world’s largest flooring company is shaping business decisions that positively impact the company, its customers, employees and communities. Through innovative product design and manufacturing—and a company-wide passion for making a difference—Mohawk is broadening the definition of corporate social responsibility to both “believe in better” and “believe in beautiful.”
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