Sustainability

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Food for thought on sustainability

Sustainability may be a big buzzword in business, but for chartered accountant Ravi Abeywardana it’s a basic part of his job. As Finance for Sustainability Lead at global food and agri-business Olam International, he has the task of working out how sustainability principles can be worked into the profit and loss account. It’s a challenge. Farming

Why We Can’t Shop Our Way to Sustainability

Sustainability is usually framed as a problem of consumer choice, in which the solution to the climate crisis is in recycling, eating more organic vegetables, or cutting back on single-use plastic. This makes a sharp contrast with the current public health crisis—in which government, citizens, and business are combining to shelter in place and work

Why are boards reluctant to put sustainability on the agenda – and how can we change this?

Today’s corporations, faced with highly increased environmental as well as social challenges, are at a crossroads. They can take proactive steps to adapt or they can risk being left behind. Sustainability is a critical business issue. All companies should be focusing on it. Wall Street research, academic papers, corporate reports and trends from major investors

Will Sustainability Remain a Corporate Priority After Covid-19?

Key insights: Some companies are hedging previous commitments, such as eliminating single-use plastics. Other companies say Covid-19 demonstrates that it's not too late to have an impact on the climate. In Venice, Italy, without a gondola or tourist in sight, a jellyfish was spotted wading through the city’s famous canals. In New Delhi, India, the

Greenwashing Is Real—Here’s How to Avoid It

Sustainability is so hot right now. While some brands create truly sustainable products or use closed-loop production methods, some brands are misusing terms to attract conscientious clientele. “Greenwashed” products use deceptive eco-friendly jargon without full transparency as a lucrative strategy to appease do-good consumers. As a result, well-intended shoppers unknowingly purchase products after being misled by phony green initiatives that promote

Think Holistically About Sustainability — It’s Much More Than Climate

While many people think sustainability is about green policies, that is only part of the story, says VMware Vice President, Sustainability Strategy Nicola Acutt.  “Our view is holistic and inclusive of sustainability for people and the planet.” Indeed, Acutt says VMware frames its definition of sustainability around three ideas: people, planet and product. “For us,

Sustainability Isn’t Stopping: Just Ask These Companies

Over the weekend, a sustainability-focused Wall Street Journal article started making the rounds on social media. In it, business columnist John D. Stoll notes that several top companies are starting to pump the brakes on their environmental, social and governance (ESG) programs due to economic strain amidst the coronavirus pandemic. And he poses the question: Will the pandemic, like economic crises before it, put sustainability

Are The First Signs Of Sustainability Emerging From The Pandemic?

If there was ever a doubt the first signs of a more sustainable planet are emerging from the pandemic, consider this statement, a key finding from a recent Oxford Economics study of 1,000 supply chain executives: “Sustainability will be a growing focus for organizations across industries over the coming years as they seek to meet

Coronavirus has proven the dependence society has on scientific data

Swedish climate activist Greta Thunberg said the coronavirus pandemic emphasized the importance of listening to experts during a time of crisis, and the same should be applied to climate change. Thunberg took part in a digital conversation with earth systems scientist Johan Rockström, who also serves as the director of the Potsdam Institute for Climate Impact Research.

Sustainability: Which Airlines Are Leading The Way?

While “flight shame” may be a more widespread term in some parts of the world rather than others, there is no denying that a pivot towards a more sS is in the interest of the planet. Let’s take a look at which airlines are prioritizing a greener agenda. IATA wants a 50% reduction in CO2

To Consumers, Sustainability Looks Different Now

It’s easy to think that consumers, immersed in COVID-19 upheaval, are thinking less about the planet, and more about personal health now. And certainly, it’s always been true that in periods of economic distress, environmental concerns decline. But new research from Getty Images shows that people are now linking the health of the environment to

5 communications tips to market sustainability

While consumers are increasingly interested in buying products that are better for the environment and for people than the alternative, three factors involving communications often prevent them from doing so: not enough information; gaps in trust; and confusion. These are some top insights derived from The Conference Board’s recently published global survey of 32,000 consumers in 64

One Small Thing You Can Do To Save The Planet: Switch To Green Energy

Thinking about the climate emergency and sustainability can be overwhelming. The problem is so huge, the stakes are so high and the solutions can seem so complex, it is much easier to just not think about it. Deciding how to tackle the problem and improve the sustainability performance of a business can be even more difficult for

EU heads promise to stick with sustainability in COVID-19 recovery

Members of the European Council added a reference to the green transition to the draft joint statement after a virtual summit. Prime ministers and presidents of EU countries urged officials on all levels to integrate sustainability measures in efforts to heal the economy from the damage amid the COVID-19 outbreak. The European Union must integrate

Financing, technology, sustainability and data to reduce the gender gap

2020 is a crucial year for women and girls, everywhere. We celebrate the twenty-fifth anniversary of the Fourth World Conference on Women and adoption of the Beijing Declaration and Platform for Action. It also marks the five-year milestone of the adoption of the Sustainable Development Goals. This year’s 64th Commission on the Status of Women (CSW) was deemed

Why sustainability is key to business success

Gone are the days when discussions of sustainability risks and opportunities for business were the preserve of the few. In fact, it’s rare for a week to go by without another company committing to reduce greenhouse gas emissions to zero, minimise the use of plastic or ensure suppliers subscribe to new labour standards. At the

Impact: The New Narrative For Long-Term Business Growth

When all the UN Member States adopted the Sustainable Development Goals in 2015, this marked the beginning of a journey aiming to unite all actors under the same umbrella in driving an equitable future for all, enabling thriving economies and living in harmony with the environment. Ever since, sustainability has started to be more and more

Baking sustainability into talent management

Communication, emotional intelligence and problem-solving are just some of the attributes companies currently prize when looking for talent. However, it’s recently emerged that sustainability recruitment is being overlooked in the interview room, which could come at a real cost for any company not making it a procurement priority. The disconnect has been highlighted by research

More companies want to be “carbon neutral.” What does that mean?

Within the past six months, I’ve received a slew of pitches for products and services that all sound eerily similar: a “climate positive” parka and burger, a “carbon negative” vodka, a “carbon neutral” shipping service, a “carbon zero” commuting app, and “zero carbon” coffee. For scientists and environmentalists, these phrases have been around for a while, but it’s only recently that companies,