IKEA sold more than €1 billion ($1.13 billion) of sustainable products in 2014, a 58 percent increase over the previous year, according to the company’s new sustainability report.These products enable people to save or generate energy, reduce water use, cut waste and live healthier lives, the company says.
Sonoma County Winegrape Commission, also known as Sonoma County Winegrowers (SCW), has created a 100-year business plan to preserve agriculture in Sonoma County well into the 22nd century.
The time period of 100 years was chosen because it represents two generations before and the next two future generations — spanning from grandparents to grandchildren. The plan addresses such issues as innovation and research, natural resources, the regulatory environment, community engagement and marketing while building coalitions throughout the community in support of sustaining agriculture in Sonoma County in the long term.
The UN Global Compact expelled 372 companies in the second half of 2014 for failure to communicate progress for at least two consecutive years, bringing the total number of expelled companies in 2014 to 657.These expelled companies represent 10 percent of the 3,760 participants due to submit a Communication on Progress (COP) within the second half of 2014. A total of 197 companies achieved the GC Advanced level, reflecting an increased commitment to transparency and accountability.The number of companies joining the UN Global Compact continues to exceed the number of expulsions, with 729 companies from around the world joining the initiative from July through December 2014.
CH2M Hill and Tetra Tech lead the global environmental consultancy market for the second consecutive year, which saw a 0.8 percent decrease to stand at $28.7 billion in 2013, according to new research by Environment Analyst.
Twenty-two million people were displaced by extreme weather events in 2013, three times more than the number displaced by war, according to the Internal Displacement Monitoring Centre (IDMC), as reported by Reuters. To put this in perspective, in the early 1970s the total number of people displaced by extreme weather events was only about 10 million.Rising sea levels, as well as extreme weather and natural disasters such as heatwaves, floods and droughts linked to global warming are likely to force millions of people to move, with many never able to return.
UK grocery giant Sainsbury’s has announced that 95 percent of the palm oil used in its own-brand products is now certified as sustainably sourced. The supermarket revealed this statistic late last month, on the day it also became the first UK retailer to launch a dishwashing liquid made with palm oil certified as sustainable by mass balance analysis.
Danish pharmaceutical firm Novo Nordisk has opened its eleventh Diabetes Support Center, improving access to affordable diabetes treatment in some of the largest cities in Ghana and Nigeria.The new Diabetes Support Center at Holy Family Hospital in Nkawkaw, Ghana will provide insulin and glucose testing equipment at a reduced cost, access to trained healthcare professionals and free diabetes screening for the general public. The centers are part of the company’s Base of the Pyramid project to help improve diabetes care and lessen the financial burden of diabetes treatment for low-income groups.
For the first time in over a decade, the majority of executives anticipate resources for every corporate citizenship dimension to increase over the next three years, according to a new report from The Carroll School of Management Center for Corporate Citizenship at Boston College.
German power and gas giant E.ON has announced it will now focus on renewables, distribution networks and customer solutions, and spin off its conventional generation, global energy trading, and exploration and production businesses into a new, independent company (“New Company”), a majority of which will be spun off to E.ON SE shareholders.“I’m pleased that the Supervisory Board unanimously approved the Board of Management’s proposed new strategy, which will give our employees and our investors clear prospects in two strong companies that are viable for the future,” E.ON Supervisory Board Chairman Werner Wenning said.
Today is #GivingTuesday, a day dedicated to charitable giving, harnessing the power of social media and the generosity of people around the world to bring about real change in their communities. In the spirit of the day, The Salesforce Foundation, Atlassian and Entrepreneurs Foundation of Colorado announced the Pledge 1% program, setting a target of securing 500 pledges by #GivingTuesday 2015.The program is the result of corporate social responsibility leaders coming together to encourage and challenge their peers to pledge 1% of their company’s equity, product and employee time for their communities.
The American Sustainable Business Council’s (ASBC) third annual summit Nov. 13 and 14 in Washington, D.C. brought together 150 entrepreneurs, business leaders, investors and elected officials to discuss the state of play—and possibilities—for policies that advance a sustainable economy.Founded in 2009, ASBC is a national business advocacy policy organization representing over 200,000 businesses across the nation. ASBC works on a wide range of policy issues at the federal and state level, working to advance a sustainable economy by shifting markets and policies. ASBC raises up the voice, presence and power of business to create jobs, grow business and build a sustainable US economy.
General Mills released a new water policy this week that factors water risk considerations into business decisions, including where to locate new facilities. A primary aim is to improve the health of watersheds—particularly those critical to the company’s business.Last night at The Nature Conservancy (TNC) Global Water Summit, General Mills chairman and CEO Ken Powell spoke about the company’s efforts to conserve and protect global water resources critical to the business. He shared the company’s journey of “über-collaboration” with stakeholders to improve the health of watersheds and announced significant steps the company is taking to ensure freshwater for future generations.
53 California-based companies, including Apple, Google and Facebook, have received perfect scores in an annual report assessing lesbian, gay, bisexual, transgender (LGBT) workplace inclusion.The 2015 Corporate Equality Index (CEI) is a project of the Human Rights Campaign (HRC), the nation’s largest LGBT civil rights organization. As the national benchmarking tool on corporate policies and practices related to LGBT workplace equality, the 2015 CEI unveiled that a record 366 businesses — spanning nearly every industry and geography — earned a top score of 100 percent and the distinction of “Best Places to Work for LGBT Equality.”
This past year, we’ve seen some bold action by companies in what we’ve dubbed the business-policy nexus, and it’s taking several different forms. Some have been calling for state or federal action on environmental impacts, while others are taking far-reaching voluntary efforts that could help support policy advocacy in the future.Whether you view engagement on public policy as risk mitigation, providing market certainty, supporting corporate sustainability goals or securing competitive advantage, leading businesses are increasingly stepping up their efforts to support smart policy reform that will benefit the environment and economy.
On Wednesday afternoon, Witold Henisz, presented his recent book, Corporate Diplomacy: Building Reputations and Relationships with External Stakeholders, offers corporate leaders a framework to increase their effectiveness when engaging customers and external stakeholders.At the center of the conversation are multinational companies, which too often don’t engage with their communities, suppliers, partners and employees.
Current and future leaders believe the most significant leadership challenge facing business today is the integration of sustainability into core business operations, according to a new study by BSR, GlobeScan and Net Impact.
On the way into this workshop, I overheard a remark that this was a novel session, and involved working with clay … this turned out to be absolutely true, but more on that later.Simon Robinson and Maria Moraes Robinson are the co-authors of Holonomics: Business Where People and Planet Matter. The obvious question is, what exactly is ‘Holonomics’? Simon explained that he and Maria had struggled to find a suitable term for the point where ‘wholeness’ and ‘economics’ converge, and decided to create Holonomics, shorthand to describe the way in which we view the outside world, and especially the naturally occurring but complex systems in nature.
As we approach the 25-year anniversary of EDF’s work with the corporate sector, it’s an opportune time to reflect on our successes and plan for the work ahead.Over the years we have worked with McDonald's, Walmart, FedEx, KKR and many others to integrate sustainability into their operations, strategy, and supply chain management. Together, we have kick-started market transformations in sectors including fast food, shipping, retail, private equity and commercial building energy efficiency. While we’ve made great strides, there remains a huge distance to go in order to fully protect our natural resources, clean up our dirty energy system, and turn the corner on global greenhouse gas emissions in time to avoid the worst impacts of climate change.