SB'19 Paris opened with a powerful statement from Danone CEO Emmanuel Faber, which in large part set the tone of the discussions for the week ahead, and outlined how his company is championing being a brand for good.
Even at this advanced stage of our climate and resource debacle, sustainability practitioners still do not possess the same status in corporations as their purely business-minded brethren. How do we get sustainability officers both the recognition they deserve and the clout that should go with it?
Seminal research shows that sustainability is driving market growth in CPGs; products marketed as sustainable grew 5.6x faster than conventionally marketed products, and 3.3x faster than the CPG market.
The mass population is far more skeptical of institutions than the informed public, only one in five people believes the system is working for them, and large majorities express a sense of injustice and a desire for change.
Three years ago in Paris, Dignity Health was privileged to be among the delegations from around the world that came to consensus on how we needed to urgently curb our carbon emission rates or face irreparable harm. Now, as many of those same representatives meet at COP24 in Poland, disaster after disaster have claimed thousands of lives.
Nearly three-quarters of organisations surveyed (72 percent) mention the UN Sustainable Development Goals (SDGs) in their annual corporate or sustainability reports — an increase of 10 percent on last year, according to a new study by PwC. But concrete measures and integration remain elusive for many as organisations struggle to identify actions beyond business-as-usual targets.
Following the release last month of its groundbreaking guide to help financial institutions understand and assess their reliance on natural capital, this week the Natural Capital Finance Alliance (NCFA) launched the world’s first comprehensive tool linking environmental change with its consequences for the economy.
“Purpose” is one of three critical dimensions of overall reputation, according to the 2018 Porter Novelli/Cone Purpose Premium Index: How Companies Can Unlock Reputational Gains by Leading with Purpose.
Countries with peace and security thrive in terms of economic development and human rights advancements, while those that suffer from weak governance cannot seem to break the cycle of chronic conflicts and turmoil. This clear correlation between sustainable development and societal stability has long been recognized by scholars and sustainability professionals, yet overlooked by most of the global indicators for sustainable development, such as the Global Reporting Initiative and the United Nations Global Compact.
To keep the global temperature increase to well below 2⁰C and meet the goals laid out in the Paris Agreement, everyone must take bold action to reduce their share of emissions as soon as possible. Companies are responsible for the majority of global emissions and therefore play an integral role in meeting these goals.
China and the European Union have jointly expressed their commitment to sign a Memorandum of Understanding on Circular Economy at the 20th EU-China Summit taking place today and tomorrow in Beijing. Both governments stand to gain from aligning on policies that support the transition to a circular economy, which can unlock new sources of economic growth and innovation while benefiting people and the environment, for example by reducing pollution and congestion.
The Dow Chemical Company’s newly released 2017 Sustainability Report details its progress against its goals for 2025, including surpassing the year’s target for savings and revenue from projects that are “better for ecosystems.” Such projects generated $120 million in cost savings and new cash flow in 2017 against the goal to reach $1 billion by 2025.
The U.S. Department of Energy (DOE)’s Better Buildings Initiative has grown to include more than 900 organizations, which represent 30 of the country’s Fortune 100 companies, 12 of the top 25 U.S. employers, 12 percent of the U.S. manufacturing footprint and 13 percent of total commercial building space, as well as 28 states and close to 100 cities and counties across the nation. Even more impressive is the progress they have made through the program.
Unilever has today revealed its fourth consecutive year of growth for its ‘sustainable living’ brands, which delivered 70 percent of its turnover growth and grew 46 percent faster (a slightly slower rate than last year, when it was over 50 percent). than the rest of the business. The company says all of its brands are working to reduce their environmental footprint and increase their positive social impact; the ‘sustainable living’ brands are those that are furthest ahead on the journey.
Nine in ten Canadians (92 percent) would switch brands if a different brand of a similar quality had a compelling social purpose, according to new research from Kin&Co. The firm’s new report — which looks exclusively at the Canadian market — outlines an opportunity for Canada to lead the purpose and values revolution that has insofar been primarily led by companies in the US and UK.
In school, we both read Paul Hawken’s The Ecology of Commerce, and it profoundly influenced the impact we want to have in life. His book demonstrates how industry and the environment do not have to be at odds, and if we work to find the right solutions, the two can (and must) work together. We’re grateful and lucky to have Paul as Lyft’s environmental advisor.