A Sustainability Professionals LinkedIn group discussion
January 30, 2013
Ask a CEO if sustainability is a strategic issue for their firm, and you'll only ever hear one answer: yes. Why is it, then, that budgets for sustainability initiatives are frequently so small that they appear to have been shoved in as an afterthought? Khaled: Once they realize its monetory returns. Just concluded a report for a client that his investment in energy efficiency had an IRR of 175%!!! Now he wants to implement it across his portfolio.
Sustainability ranks ninth out of ten top corporate priorities for 2013, according to a study released by The Conference Board January 9th of more than 700 senior executives in businesses around the world.
With workplace tragedies such as the recent factory fires in Bangladesh killing more than 100 people last weekend and in Pakistan killing more than 300 workers in September, the American Society of Safety Engineers (ASSE) and the Center for Safety and Health Sustainability (the Center) urge corporations to implement effective safety management programs and practices in their supply chains to help prevent these disasters from happening.
Question for group: There is a growing consensus that the word “sustainability” is becoming a hindrance for the green economy, but what should it be replaced with?
Brands and suppliers are increasingly willing to share supply chain sustainability data, to cut costs and overcome audit fatigue, reports Stephen Gardner of the Ethical Corporation: Business Intelligence for Sustainability.
30-ft-tall steel tree designed, created by company welder Kelly Stevens
November 1, 2012
Camfil Farr Air Pollution Control (APC) unveiled a unique art piece to representatives, distributors and employees gathered for an international sales meeting at the company's corporate headquarters.
Sustainability is changing how businesses work and compete. Many leading companies realise that an innovative CR strategy, aligned with goals and resources, delivers a competitive edge. This competitive edge has seen many companies increase their ROI plus realise and take advantage of opportunities in new markets.
Identifying, developing, and retaining quality resources has always been critical to long-term business sustainability. However, some experts now believe traditional subject matter expertise will not be the limiting factor in the future.