Citibank’s new report says investing in low-carbon energy now would save everyone $1.8 trillion. In contrast, if everyone sits on the couch, eats potato chips, watches Netflix and waits until 2060 to take action, it will cost an additional $44 trillion.
Category: New Economics
This category is about the relation between business economies and sustainability and CSR. Company economies have great impact on how much effort they put into their CSR strategy and incorporating green strategies can have an effect on company growth. Topics include: Conscious Capitalism, Social Enterprise, B-Corps, Circular Economy, Sharing Economy
“All businesses, like humans, fight death. And fight [the fossil fuel industry] will, with all the considerable power they have,” Paul Gilding, former executive director of Greenpeace International, wrote in Australia’s REnewEconomy. “But in the end, the fossil fuel giants have no strategy that involves fossil fuels which makes any business or economic sense.”
There’s a popular anecdote repeated in rural Piscataquis County, Maine, where a general store owner has said, “I feel the AMC (Appalachian Mountain Club) in my cash register.”
Climate change economics is emerging as a disruptive mega-trend driven by estimates that the cost of global climate change will reach a staggering $72 trillion. Obesity is now projected to carry a global economic cost of more than $100 trillion during the 21st century. In response to these alarming economic realities, a revolution is stirring in who customers buy from, the way investors allocate funds and the companies set to rise to the top.
Today’s business leaders must be ready to keep up with the curve-balls the 21st century is poised to throw at them, from shifting economic landscapes to a changing climate. Jamie Bohan, a recent graduate of the Executive Master’s in Sustainability & Leadership (EMSL) program at ASU, took notice of this after ending a 20-year stint at Honeywell to manage the sustainability department of waste service company Republic Services.
By tweaking what defines a “joint employer,” the National Labor Relations Board has made sweeping changes to what steps unions can take in collective bargaining, as well as who may be considered the ’employer’ in business-to-contractor settings, such as franchise establishments. And hold onto your hat, because there will probably be some vigorous challenges to this new ruling.
Citigroup now projects a staggering $72 trillion global cost tied to man-made climate change during the 21st century. The industrial fast food complex is directly tied to a global obesity and diabetes epidemic that now costs $2 trillion annually. These staggering economic costs don’t even take into account human suffering and premature death.
World Water Week is going on right now in Stockholm, Sweden. This year marks the 25th edition of the annual international event aimed at calling attention to issues surrounding water. A new tracking tool was launched at the event that may help businesses rethink water risk.
Poverty has decreased very slightly over the past 30 years. In order for this issue to be solved, a new method of action needs to be taken. Using sustainable aid is the long-term solution to the issue of poverty. Not only does this approach provide a new beginning for families, but it also a brighter future for their communities.
With last week’s release of its 2014 Annual Report, the John D. and Catherine T. MacArthur Foundation announced plans to ‘retool’ its grant-making efforts in order to better ensure that its $6.4 billion in assets produce “transformative” change.
Commodity investing may sound risky, but there are benefits to including commodities in your investment strategy. Oil, gas and precious metals are just a few of the popular commodities that industry leaders have considered safe investments, but over time, these have all seen extreme ups and downs.
The next time you need to swap your toothbrush, buy a new pair of shoes or are craving a night out on the town, look to these one-for-one brands to make a difference at the same time.
Last month in a keynote speech, Malcolm Gladwell presented an interesting paradox: How come, he asked, levels of trust among Millennials are at all time low, while services based on trust, like Airbnb and Uber are flourishing? His explanation leaves something missing.