How organizations are addressing the 'G' in ESG – striking the balance of maximizing long-term growth and value while safeguarding the interests of all stakeholders
It’s increasingly clear that becoming more sustainable is a business imperative. And it’s not enough to “go green”; companies and industries need to factor in the social and economic impacts of their decisions locally and across their supply chains.
While millennials have largely been the focus of city leaders’ efforts to attract new talent and residential growth, a new Brookings study finds that innovation districts — areas which are highly walkable and transit-oriented, rich with amenities and employment opportunities — would also benefit from attracting and serving adults 50 years of age and up, who can fill gaps in the innovation ecosystem, including age diversity, professional expertise and
It’s said that Peter Drucker, world-renowned business management superstar, once famously commented, “Culture beats strategy.” Or “Culture eats strategy for breakfast.” While neither version has been authenticated as being said by Drucker, I understand the proposition, which places an importance on the value of culture to a business. That said, I think it’s really missing the point because organizational culture is strategy.
UK hotel group Shiva Hotels is looking to take human trafficking and modern slavery head on, launching an industry-first anti-slavery program, which it began rolling out across its hotels last week.
After recently announcing plans to retrofit 4,500 Chase branches across the US in partnership with Current, powered by GE, JP Morgan has pledged to transition to 100 percent renewable energy by 2020 and facilitate $200 billion in
Corporate social and environmental responsibility has developed to a point where the world’s leading CEOs believe it is essential to their companies’ long-term business success. The movement is growing, and companies around the world are approaching social and environmental problems as opportunities to drive profit as well as progress for humanity.
Winning the hearts and minds of the Millennial generation has been a dominating narrative for corporations over the past years. Surveys, reports and opinion pieces continue to analyze the ambitions and demands of this generation; but what would the world look like if businesses embodied Millennial values at the core of their organizations?
Pursuing purpose beyond profit is becoming paramount for brands looking to shift towards more sustainable, responsible business practices and maintain a competitive edge, the proof of which is evidenced by the Campbell Soup Company's withdrawal from the Grocery Manufacturers Association (GMA) late last week. The company will sever ties with the trade group, which represents the food and beverage industry, at the end of 2017.
Employee engagement has been a growing focus for years, with companies large and small building programs in an effort to inspire employees and drive productivity. In fact, 74 percent of people say their job is more fulfilling when they are given opportunities to make a positive impact at work. More recently, there has been an increased desire from employees for engagement that’s focused on sustainability.
New types of partnerships can enable systemic changes to flourish. That thinking is behind the Origin Green Ambassadors programme, which brings education, leading global brands and entrepreneurial sustainability professionals together to collaborate and learn. Five years on, there’s strong evidence that the approach is driving best practice and industry-wide innovation.
Multinational engineering and infrastructure firm AECOM is set to build the tallest residential development in Western Europe. Reaching 67 stories, the Spire London tower will be built in West India Quay near Canary Wharf. When completed, it will rise to 771 feet and house 861 apartments and penthouses. AECOM’s work also includes projects in New York City such as the 2.8 million-square-foot 3 World Trade Center and the 1.6 million-square-foot One Vanderbilt, and Citi Field in Flushing, Queens; as well as the Mercedes-Benz Stadium in Atlanta.
In response to the federal government’s failure to take action against climate change, Michael Bloomberg and California Governor Jerry Brown have launched a new initiative to track and quantify the contributions of local governments and businesses to tackle greenhouse gas emissions in line with the goals outlined in the Paris Agreement.
While UK supermarket giant Tesco has focused the majority of its sustainability efforts on slashing food waste, the company is now setting its sights on reducing impacts across its F&F clothing line. The retailer has announced that it is joining Greenpeace’s DETOX campaign in an effort to phase out the use of toxic chemicals in its own-brand clothing label’s supply chain.
If there’s one group that’s basking in the long shadow cast by Donald Trump’s ill-fated decision to withdraw the United States from the Paris climate accord, it’s business.
News Deeply, in partnership with Sustainable Brands, has produced a series of profiles looking at how brands are tackling some of the world’s biggest challenges. The goal is to examine trends and gather insights from a new wave of corporate citizenship – in an era when the private sector is increasingly expected to play a positive role in improving our lives and societies. This is the 10th article in the series.
Just weeks after the UN Secretary General released a report detailing sluggish progress on the 17 Sustainable Development Goals (SDGs), efforts are already underway to bolster support for their widespread adoption.
Cross-Posted from Innovation & Technology. As further evidence of the global corporate momentum behind renewable energy, the RE100 initiative has reached 100 members, following new commitments from AkzoNobel, AXA, Burberry and Carlsberg Group to transition to 100 percent renewable power.
A year after launching its ambitious Enrich, Not Exploit CSR strategy, The Body Shop has released its 2016 sustainability report, highlighting the progress it has made on its packaging, renewable energy and supply chain footprint goals.
2019 is slated to be a big year for Swedish automaker Volvo, which has announced that in two years’ time, it will no longer produce vehicles that only have internal combustion engines. Between 2019 and 2021, Volvo will launch five fully electric cars, three of which will be Volvo models and two of which will be high performance electrified cars from Polestar, the company’s performance car arm.
Last year saw one of the most historically symbolic events of recent years when 195 countries signed the Paris Agreement to cut back on pollution contributing to climate change. So, last month when President Donald Trump announced that he would pull the US out of the agreement, there was a huge reaction, with many leaders of countries around the world expressing their dismay.