THE NEXT ECONOMY -
The “sharing economy” has become a buzzword of sorts in recent years. Everything from cars to homes and even people’s dogs can now be “shared” with strangers connected through digital technology. But what about everyday “stuff”? That old guitar collecting dust, the hammer buried in your drawer or even… your trusty unicycle?The sharing economy is particularly popular in the United Kingdom, where research has shown some 65 percent of adults already are part of it, benefiting from £4.6 billion ($7.1 billion) worth of savings or earnings.
The threats climate change poses to the private sector are significant and the need for international agreements on climate change to keep global warming below 2°C is ever more pressing. The challenge that we all face now is in finding consensus and a common vision that is applicable not only to all countries but to all corporate sectors too. So, as we reach #100daysToParis, how can the ambitions of COP21 be met and what is the role of collaboration in achieving this?
THE NEXT ECONOMY -
In less than eight months, humanity has used up nature’s budget for the entire year, with carbon sequestration making up more than half of the demand on nature, according to data from Global Footprint Network, an international sustainability think tank with offices in North America, Europe and Asia.
WASTE NOT -
On the opening afternoon of SB ’15 San Diego, a much-anticipated workshop on reducing food waste — featuring Sally Uren, Chief Executive of Forum for the Future, and Raphael Bemporad, Chief Strategy Officer for BBMG — provided an interactive and enthusiastic forum on the subject, engaging audience members from all sectors for both personal and professional reasons.Bemporad began by reminding everyone that to make lasting change we need a better understanding of the human heart as it relates to sustainability and particularly food.
ORGANIZATIONAL CHANGE -
These days, the only constant is constant change. People are on the move from rural regions to densely populated cities, straining urban infrastructures and vital resources. Economies are in flux — once-discounted markets in developing countries will soon dominate trends and needs. Migration is an everyday reality for millions of people — the workforce must be retooled to accommodate greater diversity. Climate change and population growth have led to increased demand for energy, water and food. Technological breakthroughs are opening up investment opportunities and governing relationships with partners and consumers — everyone is expected to connect in real-time.
In 2012, we launched the Think Big Blueprint, our first sustainability plan that set big, ambitious goals that we hoped would transform our role in the world around us. We set three goals and 40 commitments, and gave ourselves three years to achieve them.The idea at the heart of the Blueprint is that not only do we need to continuously improve our own social and environmental impacts, we also have a unique opportunity to inspire and enable millions of others to live more sustainable lives through our products and services.
PRODUCT, SERVICE & DESIGN INNOVATION -
Is it really possible for both businesses and the planet to thrive while providing people with the luxury goods and experiences they want?Luxury has always been a key component of international trade. We have historical records and archaeological evidence across several millennia of human history, showing the importance of items such as porcelain, silk, furs, wine, jewellery, fragrances and spices.There is every indication that human demand will continue for the positional goods and experiences that display status and wealth: travel to exotic locations, perfumes with exquisite smells, foods that taste delicious, or objects that look beautiful. But meeting this demand creates a consumption challenge.
WASTE NOT -
This March, Scotland will promote a national week of swapping, sharing and donating, encouraging citizens to join in a reuse revolution. Pass it on Week begins on the 7th and continues through the 15th of March. The event is backed by Zero Waste Scotland (ZWS) in an effort to get people to pass on things they no longer want to someone else, rather than throwing them away.