Take a peak into your closet. Amongst your favourite outfits and outcasts, you are bound to find at least one item made in Bangladesh. Given that the garment industry is a $20 billion business there, odds are high. Odds are also high that someone made that garment in poor conditions for a paltry wage.
Thinking of hiring a sustainability consultant? Then read these tips.
Make sure that you have met the people who will be working on the project.
Eight years of sustainability consulting experience have taught us a bunch of things. For example, never reserve the last airline flight of the night, unless you want to risk spending an unplanned night at the airport hotel.
Let’s say you have two options to choose from: A T-shirt that has been made using questionable labor practices for $9.90 or a T-shirt of the same quality that has been made ethically for $10.00. What would you choose? (EDITORS NOTE – see below. Is this a problem which money alone can solve? Can the consumer really be left to carry this burden alone?)
It’s no surprise that banks and financial sectors are the institutions least trusted by U.S. society. Trust reached an all-time low of 24 percent in 2011, down from 69 percent in 2008. In an effort to rebuild confidence in financial institutions, Congress enacted two financial reform bills (Sarbanes Oxley in 2002 and Dodd-Frank in 2012). These efforts, however, have not sufficed.
To rebuild trust, investors and the public need comparable data on how financial institutions are managing environmental, social and governance (ESG) performance. Enter SASB.
Sonaar Luthra is the CEO/Co-Founder of Water Canary, a company seeking to transform the fight against waterborne illness and water-related emergencies with real-time water quality information. His company is developing a simple, open-source, device that quickly and cheaply determines when water can’t be trusted so that actions can be taken to secure water supplies and prevent the spread of pollution and disease. Enjoy!
On June 12, 2013, join Dr. Volker Schaedler, VP of Innovation and Technology, to learn how the world’s leading chemical company focuses its innovation machine to solve some of society’s most pressing needs.
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