Government regulation can be a blessing or a burden. In every case, it’s the result of a public process. In contrast, says Domtar CEO John D. Williams, too many of today’s extra-governmental, voluntary programs — shadow regulations — fall short of this process. Shadow regulations are built on opaque algorithms and are of nebulous value, and they threaten the very transparency that legitimate sustainability regulations are supposed to advance.
The Smithfield Foundation, the philanthropic arm of Smithfield Foods, Inc., is pleased to announce a donation of $25,000 to continue its partnership with the University of Minnesota’s NorthStar Initiative for Sustainable Enterprise (NorthStar), a nonprofit research entity that aims to improve the understanding of sustainability within global production and consumption systems, and to develop research and tools to improve the sustainability of these systems.
As companies are becoming increasingly focused on the social impact of their business operations, Deloitte has developed a new Social Impact Measurement Model (SIMM), pioneering a machine learning tool that forecasts the results of a large corporate investment – such as opening a new office or headquarters – on a community, across more than 75 social measures.