US$6.2 trillion is a wall of money. Today, trillions of dollars are being managed with ‘sustainability inside,’ based on self-reported, unverified, voluntary disclosures by investors globally. For many in the investment industry, it’s both inspiring and a little bewildering. The number keeps growing, but what’s in the number is not exactly clear. It’s also not enough.
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
These politicians believe a hefty corporate tax break is key to gaining bipartisan support for an aggressive carbon tax. Will it provide Republicans with enough political cover to stand up to the fossil fuel industry?
A new report concludes that more than half of North Americans have “woken up to a new way a new way of getting the products and services they need. It’s called the collaborative economy, and it’s the biggest shift in the business landscape since the advent of the Internet itself … To compete in this growing economy, established corporations must develop new strategies.”
SPECIAL SERIES: 3p Explores Climate Week NYC 2015
The days of business push-back on environmental legislation are in the rearview mirror, at least for the food industry.
Always wanted to win $20 million? Well, now’s your chance. Figure out how, and what to convert the world’s carbon emissions to, and you’ll have the attention of scientists all over the world. Oh, and you may just solve one of the biggest challenges yet facing our battle against climate change.
The American Sustainable Business Council meeting in D.C. hosted a “platform-off” between reps for Clinton and Sanders. Co-Vermonters Ben + Jerry spoke enthusiastically for the Sanders camp.
America was meant to be a land of endless possibilities and self-determination. This country was established to give religious and economic freedom to its citizenry. Adams, Jefferson, Franklin, and other signers of the Declaration of Independence knew their proclamations would mean very little without economic freedom. Money is and always has been a major part of the “life, liberty, and the pursuit of happiness” that was promised to Americans. Worker-owned companies can fulfill that promise.
If Nova Scotia’s Mi’kaq First Nations are successful in their petition to the Canadian government, the island of Cape Breton will be a new home for Syrian refugees. And if the Israeli company SodaStream gets its way, it will be able to provide jobs for 1,000 refugees – in Israel. A variety of companies and communities are stepping up to help the burgeoning flow of refugees – in some cases, to the consternation of their governments. Is this the new humanitarian movement, or just a gentle encouragement for governments to help? Either way, they are committed to making a difference in Syria’s humanitarian crisis.
So do low interest rates explain why green bonds are selling for 20bps (.20%) over market rates? That’s a big deal in fixed income land. Barclays was reported by Bloomberg saying “Sales of “green bonds” have been increasing, but so have their prices.” It may be that the case for investing in the underlying assets – solar, wind, green infrastructure – is so strong that investors are willing to pay the green premium. But is that all that’s happening?
SPECIAL SERIES: 3p Explores Climate Week NYC 2015
Underscoring the buy-in of the business community on climate action is a bold commitment from a group of top Fortune 500 companies: to meet 100 percent of their electricity needs using renewable sources.
Today, 1.2 billion people, or almost a fifth of the world’s population, live in areas of water scarcity, and, according to the U.N., this number will climb to almost 2 billion by 2025. The good news is that citizens, governments and businesses are waking up and acknowledging the importance of water stewardship.
Tax policy can enhance the social impact of business and support business at the same time, says Wayne Dunn, president of the CSR Training Institute. We are seeing some governments making corporate social responsibility (CSR) policy into a tax, setting minimum amounts that companies must spend on CSR, often with little thought for value and impact.
Dunn puts forward the case for replacing that with its polar opposite – using tax breaks to incentivize and enhance CSR to everyone’s benefit.
Most endowments are the result of wealthy individuals setting aside money for a particular cause or set of causes. Or, in the case of universities, it is the result of an accumulation of donations and grants. So, it makes sense that we don’t have thousands of massive endowments. On the other hand, we have witnessed numerous injections of capital into the economy by the federal government in the form of stimulus packages and quantitative easing. So, why don’t we have more big endowments?
SPECIAL SERIES: The Circular Economy and Green Electronics
The three Rs, reduce, reuse and recycle have become the mantra for the 21st century. But wearable tech, and the invention of components invisible to the naked eye, are shifting the way we think about our favorite gizmos and what we do with them when they have reached the end of life cycle.