Way back in 2000 when Ben & Jerry’s (B&J) was acquired by Unilever, Ben Cohen and Jerry Greenfield had the presence of mind to require that the acquisition agreement itself include language that would ensure the preservation and growth of the company’s sustainability and social mission programs. To that end, the acquisition agreement also included language that required the development of a set of supporting metrics. After many years of experimenting with alternative approaches, Rob Michalak, Global Director of Social Mission at B&J, believes they may have finally found what they’re looking for: the MultiCapital Scorecard™ (MCS).
Tag Archives: sustainability metrics
Are we entering an era where we will trust banks? Will new metrics help build trust in the financial sector?
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.
Dr. Blair Feltmate will be at TSSS on April 4, 2012 to discuss the issue of Sustainability Metrics – click here for more details
Make those around you shine
Sustainability professionals need more than passion and great ideas – they must be experts in all aspects of business operations. A successful change agent understands what drives each department within an organization and what issues are important to individual decision makers. When ideas are framed within the context of each department’s goals (e.g. financial, health and safety, brand enhancement), sustainability professionals can make those around them shine, thus growing support for their initiatives. Finding allies and achieving sustainability goals becomes much easier when people in all departments can easily answer the question, “Why is sustainability good for me?”
The Evolving Metrics for Corporate Sustainability: Beyond Water, Waste & Energy
A unique opportunity for sustainability leaders to come together and learn about new sustainability metrics that will change the future of sustainable development.
DATE: Wednesday, April 4, 2012
TIME: 4:30-7:30 EST (snacks & networking from 6:30-7:30)
LOCATION: Bennett Jones, 1st Canadian Place, 100 King St. W. (King & Bay), 34th Floor, Toronto
LIVE WEBCAST & TWITTER CHAT #tssschat from 5:00 – 6:30 EST
15 TICKETS TO BE RAFFLED OFF FOR THE Green Living Show,
April 13-15 Toronto, ON
Passion isn’t enough to create a more sustainable world. The metrics of corporate sustainability must change. We need to better define sustainability in a holistic way that goes well beyond simply reducing waste, water and energy. The goal of corporate sustainability must be broadened to include improvements in labour practices, reductions in supply chain toxicity, protection of biodiversity and innovation that leads to cradle to cradle solutions.
Join us on April 4th as Dr. Feltmate shares a cutting edge Sustainable Development Index (SDI) that will soon become the standard that progressive companies use to set goals and drive new behaviours towards greater sustainable performance.
During the event you will learn:
- What the future holds for the way that companies measure and report their sustainability performance
- How to instantly understand and explain your sustainability performance
- Why you are improving or falling behind on your environmental, social or economic performance
- How truly transparent reporting will transform entire sectors
- Concrete techniques to define and apply an SDI using a specific case study example