Businesses create value by focusing and optimizing their resources to solve their customers’ problems. We believe that corporations can also help solve social problems and should apply the practices that make them valuable as businesses to the issues that are of highest priority to Canadians.
Business and Sustainability
What will the future of sustainable business look like in Ontario?
As the Paris Climate Summit approaches, there is growing global consensus that achieving a low-carbon economic future is critical for the continued viability of our planet. It is one of the foremost challenges and opportunities of this century – for Ontario, for Canada and for the world.
A new study finds that well-designed CSR programs lift sales, increase shareholder value and improve employee productivity.
Corporate responsibility programs boost sales, shareholder value and employee productivity, according to a study by IO Sustainability and Babson College, which set out to “fill a knowledge gap” around the real impact of improved sustainability performance on business.
Earlier this summer I had the opportunity to provide opening remarks on the second day of the CSR Upmanship Conference in Toronto, organised by the great people at EthicsScan. I had planned to talk about CSR strategy and then a couple of days before the conference something happened that changed my views on CSR completely. See the speech I delivered below and please let me know what you think of what I am proposing.
My instructions were to say some inspiring words about CSR strategy and how to move organisations toward that goal in new and exciting ways. And I had that talk all ready to go. In that talk I was going to draw on my twenty five years in the field of sustainability, in particular my time within the company I helped found, Five Winds International. Read More
The fact that people break the law is a fact. It’s not always preventable. That’s not about sustainability. Sometimes it’s just breaking the law.
It’s just incredible how everyone is jumping down the throat of sustainability and sustainability reporting as a result of the Volkswagen crimes against emissions. Is the sustainability movement so fragile that the deliberate fraudulent behavior of one corporation can disrupt the credibility of thousands of corporations that are making genuine efforts to act ethically, responsibly and … wow, even legally? The first thing many people are saying now that Volkswagen is down the tubes is: “Aha, vindicated at last, that’s the end of CSR. Just look at Volkswagen’s last Sustainability Report. What a waste of paper. This just proves that CSR is all a big waste of time. It’s about time we started refocusing on business and leaving out the sustainability PR stuff.”