The United Nations Global Compact — together with its partners ICC and UN DESA — will next week (on 17 July) host more than 600 representatives from the private sector, civil society, Governments and the UN at the third annual SDG Business Forum. Held as part of the UN High-level Political Forum (HLPF) on Sustainable Development, the SDG Business Forum provides a unique platform for business to interact with key stakeholders, share their perspectives and showcase their efforts in support of the 2030 Agenda.
The Earth’s resources are finite, but human possibilities are not. Continuing to operate in this reality requires BOLD IDEAS, and leading companies are rising to the challenge by looking at how to manage natural resources differently, how to measure them more accurately, and how to develop products and processes that use them more efficiently. Schneider Electric estimates that commercial technologies for buildings, industrial processes and electricity production alone could move the date at least 21 days
Today’s question for corporate CEO’s: Have you examined your company’s “Total Impact Valuation,” a new approach being advanced by The Conference Board, wherein the enterprises’ impact on society is monetized (cost/benefit evaluated and value attached)?
A small group of companies is doing these exercises. Think of their efforts to date as expanding the usual reporting of “Input/Output” to seriously consider (1) Outcomes, (2) Impacts, (3) Cost and Benefit to Society (and to the company).
This appears to us to have the potential to take corporate sustainability reporting to expanded (new) levels for at least the publicly-traded large caps - that is, if enough investors jump aboard the concept and ask for the information.
A small group of companies is doing these exercises. Think of their efforts to date as expanding the usual reporting of “Input/Output” to seriously consider (1) Outcomes, (2) Impacts, (3) Cost and Benefit to Society (and to the company).
This appears to us to have the potential to take corporate sustainability reporting to expanded (new) levels for at least the publicly-traded large caps - that is, if enough investors jump aboard the concept and ask for the information.
Stepped up efforts by environmental non-governmental organizations, private project developers, and municipalities to maintain and enhance healthy forests are delivering direct climate benefits, and in many cases, financial returns as well. Projects have been implemented to reduce deforestation and forest degradation (REDD), improve forest management, and reforest degraded lands. These projects are generating documentable greenhouse gas (GHG) emissions reductions that can be sold as carbon offset credits. This blog explores some of the factors that can contribute to the success or failure of carbon offset validation and verifications.