All too often corporate sustainability management is left to a small number of under-resourced, oddly-structured group of folks, who, despite much good spirit, capacity and intentions have less power than required to ignite the great sustainability value creation lying dormant in many larger emerging market companies.
Convincing senior managers to invest time and funding in sustainability is a Herculean task at best. The big reasons: 1. Senior management is typically preoccupied with other critical business issues, and 2. senior managers seldom have the mandate and/or the knowledge to advocate for sustainability investments. Once they “get it” though, and as with any other high return investment, they will act.
Getting their attention is more than half the battle. Here is a list of 25 tactics on how to get your Boss/CEO to invest more in sustainability.* Read more
Did Queen Elizabeth I really know what she started when she asked for the very first audited report (in 1559!) as a means to check up on her (likely dodgy) Exchequer of the Realm?
Maybe, but her simple request led to a centuries-long work in progress in which the financial audit was evolved, adapted, and innovated to capture ever more clearly the financial performance of companies, and, of course, to ferret out skullduggeries, great and modest, of those who might rather not be held accountable to shareholders, the tax man or others. Read more
Smart phone makers and broadband suppliers are going to love this article. All other companies, well, this article is about leveling the playing field for more and better sustainability. Please read on.
Every household on this planet should have a premium smartphone.
Every household on this planet should have free access to broadband Internet.
Each and every company on this planet should, by law, be required to have a third-party verified GRI report and mandatory sustainability labels.
(I also believe ardently in the power of brand, so much so that I believe all advertising should be banned. More on this at a future date.)
Why? The free market economy needs both freedom of speech and access to credible sustainability information if it is to overcome structurally inherent sustainability challenges. Read more