Good sustainability management—using sustainability best practices to identify and manage significant environmental, social, and governance (ESG) issues—is a means for outperformance. Managing the right ESG issues well can lead to reduced risk, increased efficiency, and revenue growth. So how can more companies approach sustainability in a way that guarantees competitive success, and what holds most back from achieving it?
Laurence Fink, founder and CEO of BlackRock, created a stir in January by sending a letter to the chief executives of BlackRock’s portfolio of companies about social responsibility. As one of the three largest asset manager in the US, when Mr. Fink speaks, companies tend to listen.
Organizational values and ethics have been on the sustainability list of issues in our software from the start, but they are often glossed over by sustainability teams. Many sustainability managers feel they are too amorphous or soft. Others feel they don’t have the authority to address them. Yet, to have a serious, long term impact on the company as a sustainability leader, culture change is almost always needed.
The Task Force on Climate-related Financial Disclosures (TCFD) released official guidelines in June 2017, and has since seen rapid growth in public support. An official press release from the TCFD in December 2017 highlights the growing support for the task force from the investment and business communities. But some institutional investors have mixed results when it comes to pressuring companies to report on climate change effects.
Every day, sustainability professionals face challenges working to reduce and eliminate a company’s negative impacts and enhance its positive contributions. All this is done while remaining mindful of the need to maintain financial stability and prosper over the long-term. Much of this work involves the heavy lifting of generating and managing long-term behavior change. And that’s where a culture that inspires and empowers is a powerful asset.
Most sustainability professionals believe that engaging employees in sustainability leads to greater overall job satisfaction, but this belief is often based on little more than anecdotal evidence. A new report by the National Environmental Education Fund (NEEF) provides some promising results to support this view.
The pace at Sustrana is fast. At a start-up, every second counts. But what better time than when a year comes to a close to reflect about your journey? Co-founders, Nancy Cleveland and Jennifer Anderson are deeply committed to ensuring the company’s positive impact on the world. Nancy and Jen sat down to talk about their journey and vision for the future. We hope these reflections about a more sustainable future for all will inspire you during this holiday season.
Two years after the launch of the Sustainable Development Goals (SDGs) there are signs that corporate commitment to the goals may be slowing. A new report released by Corporate Citizenship shows a gap between thinking and action on the SDGs.
Look around any organization and chances are you will find at least one person whose positive energy has a contagious effect on others. For Sustrana, creating positives means a commitment to discovering and promoting factors that allow individuals and organizations to thrive. Now more than ever, we must employ and deploy the power of positivity.
In business, being authentic means reading a situation, adjusting to the requirements at hand, and bringing your best self to bear in the circumstances. At Sustrana, the concept of authenticity has translated into us being, to a person, singularly committed to growing our company and supporting each other in our work.
More than ten years ago, actuaries started talking in earnest about changing predictive models to account for climate change. From this, the Index, which is based on analysis of neutral, scientific data, was born.
According to G&S Business Communication’s 2017 Sense & Sustainability Study , U.S. citizens are placing greater responsibility on government, businesses, and themselves to serve as environmental and social stewards. Here are the key findings.
What does it mean to be open-minded? At its heart, sustainability is all about open-mindedness. To truly be a sustainable organization and find value from sustainability, an organization has to be willing and able to see and understand where it fits in within society, the planet, and our economic systems.
Listening deeply was the first core value that bubbled to the surface as Sustrana began to define who “We” are and how we interact with our clients and partners. It’s integral to sustainability and good parenting, too. To survive in this world, we must become better listeners and communicators.
In December 2015, the Financial Stability Board established the Task Force on Climate-related Financial Disclosures (TCFD). Together, these professionals set out to create guidelines for more effective climate change-related disclosures and to help organizations follow existing climate change disclosure obligations. The final TCFD report and guidelines came out in June 2017.
Today Sustrana is publishing our company’s Core Values after more than two years of work to discern and describe who we are as a company. Over the next few months, we will publish a blog on each of our five core values, linking our personal experiences and successes with each value and describing how the value supports the success of a sustainability program. We hope you sign up for our blog so you benefit from – and don’t miss – each installment of our series on Core Values.
We’ve been fans of the Sustainable Development Goals (SDGs) since they were launched almost two years ago. They are truly this generation’s moon shot. Participation by the business community is critical to reaching the SDGs by 2030, and we are bullish on helping businesses make that happen. So what’s the problem?
With summer winding down, we know lots of people are headed to the stores for back-to-school and fall fashions. If you (or your kids!) need new wardrobe items, check out some of these slow-fashion, sustainable clothing brands.
Scientists from 13 federal agencies finished drafting the Climate Science Special Report (CSSR) in January. As a part of a special science section of the National Climate Assessment, the report details evidence on human involvement in climate change.