It is simply not enough in today’s world to just set out a CSR policy or a supplier code of conduct or total up the number of sustainability initiatives in the supply chain and think you are doing the right thing. The days of accountability by case study are fading fast. Companies must actually do the work and invest the capital to create lasting (and profitable) change in their supply chains
Tag Archives: sustainability
Trash is a fast-growing import in the Scandinavian country, which turns it into heat for people’s homes.
Every day, some 300 trucks arrive at a plant outside the city of Göteborg on the west coast of Sweden. They carry garbage, but they are not there to dump the cargo. Instead, they deliver it to the plant’s special ovens, which burn it, providing heat to thousands of local homes.
They are entrepreneurs and activists; business professionals and students. Meet the Canadian Top 30 Under 30.
Today’s teenagers and young adults, a demographic cohort referred to as the Millennial Generation, make up roughly 25 per cent of the North American population and an estimated 2.5 billion global citizens. Arguably the largest living generation since the Baby Boomers, the economic and political influence of Millennials is growing as they enter or move through the workforce toward their peak spending years. Right behind them is Generation Z, the impact of which we’re just beginning to see.
For both, the Internet is an appendage, climate change is a nagging reality, mobility is just the way things are, and the weight of the future is on their shoulders. It’s for this reason the United Nations says youth from around the world must be an active part of all levels of decision-making related to sustainable development. “It affects their lives today and has implications for their futures,” the global agency says.
The Toronto Sustainability Speaker Series (TSSS) and Corporate Knights, with sponsorship support from paper-products manufacturer Kruger Products, decided it was time to shine a light on Canadian youth who have demonstrated themselves as leaders of sustainable development; an impressive collection of young entrepreneurs, activists, corporate professionals and students eager to make our world a better place. We opened nominations in February and received more than 90 candidates, which was whittled down to a list of 50. From this, a panel of five judges each submitted their Top 15 picks, which when combined shortened the list to 30.
When it comes to protecting the environment or improving workers’ conditions, you might think the biggest companies are making the biggest positive impact.
Multinationals like Apple and McDonald’s are so large that –just by taking a few significant steps towards sustainability– they can change vast swaths of the global marketplace.
But it turns out that the largest corporations aren’t leading on this issue. It’s the small and medium-sized businesses that are out in front on compliance with sustainability, worker safety and other standards.
Establishing a new sustainability strategy at your company can come with plenty of baggage but what if you had the chance to do it all right…from the beginning.
- No long term relationships that are inconsistent with your sustainability strategy
- No long term contracts with non-aligned partners
- No inertia built into your operations and decision making
- No culture of fear for trying unproven strategies
- No track record with reliable supply chain partners
- No interference from a parent company