While corporate responsibility has risen as a strategic priority for many companies, boards have not been driving this change. The UN Global Compact LEAD board program conducts extensive surveys and interviews with board members, which have revealed some significant key areas where board members often are not aligned. Those key areas are what sustainability means, what value it brings to the company, whether it adds to (or subtracts from) profit and innovation, what the risks and opportunities of sustainability are and who the most important stakeholders are for the company’s success or failure.
Small green teams tasked with transforming large corporations, governments, cities, and neighborhoods face some tough challenges. TD Bank’s three-person green team employed a range of strategies to inject sustainability thinking into 27,000 employees dispersed in 1,300 locations. I find four of their tactics very smart and can be readily adapted by green teams everywhere.
TSSS Event: Rethinking Prosperity. How Can We Better Navigate the Journey?
On November 12th, author and Federal Member of Parliament (MP) for Toronto Centre Chrystia Freeland will join TSSS to share her thoughts and ideas on the challenge of wealth concentration and our shrinking middle class while exploring our collective role in charting a new path forward. Learn more >>
