Despite an overall trend towards seeing sustainability as an opportunity for value creation and business success, according to a new research study published today by the United Nations Global Compact and Accenture, there are major differences in perceptions of sustainability between CEOs in different industry sectors, and significant gaps in the level of integration of sustainability already achieved in their companies.
Using financial data from 1,833 firms with US revenues of more than $1 billion in 2008/09, independent analyst firm Verdantix finds that spending on 29 sustainability initiatives will grow from $28 billion in 2010 to $60 billion in 2014. Over the 2009 to 2014 period the US sustainable business market will experience a 19% compound annual growth rate. The sustainable business market forecast finds that growth of 11% in 2010 will increase to 16% in 2011 and 24% in 2012. Growth in spending is driven by improved economic growth, risk drivers, competitive dynamics, innovation diffusion, higher oil prices, state-level GHG regulations and renewable energy policies. The study covers all industries and all sustainability initiatives from energy efficiency to spending on strategy, risk and brand.
This is an explanation of how Green Project Management could assist in incorporating environmental thinking in any project, factoring the environment into project management processes. The authors believe that a more structured approach to including the environment in all project management processes would have uncovered some of the issues faced at the BP Deep Water Horizon Spill, and led to some very different decisions during the project, prior to deciding to drill more than five thousand feet deep in the Gulf of Mexico.
An introduction to the International Organization for Standardization’s ISO 14000 family of standards that have been developed for organizations to operate in way that sustains the environment, that explores how “greenthink” can be applied to project management in support of aligning with these standards.
Developing Business Excellence While Delivering Responsible Competitiveness – The Case of Lloyds TSB
The EFQM Excellence Model help us to: Ensure we have a clear and constant purpose, it helps us to focus on the delivery of results; focus on customers and how we can create value by better meeting their needs; focus by systematically applying processes and fact-based assessments to manage our business and to make us strategic decisions; identify what we need to do to develop our people and maximize their potential; derive value from meeting our responsibilities to the communities we serve; and archive sustainable excellence.
Increasingly more companies are starting to publish sustainability reports. Sustainability reporting as a management tool for businesses can have significant benefits.
Stephen Hinton, provides a compilation of professionals that will see growth as the US economy goes green. He predicts that those in STEM professions (Science, Technology, Engineering and Mathematics) will experience the most job security.
A summary of the second webinar in the Sustainable Brands Boot Camp series, Innovation Opportunities in Response to Today’s Environmental Hot Buttons: Climate Change, Water & Waste. The webinar was led by Will Sarni, CEO and founder of Domani Consulting, an integrated sustainability consulting firm, and featured examples of new, innovative business and product strategies from various markets that are successfully being brought to market in response to emerging environmental and social strains.
The financial risk of carbon liabilities, a need for better management control over carbon data, and new government regulations in a number of countries, will will compel CFOs to invest in carbon management software in the coming year. This is the main conclusion of the report, The Business Case For Carbon Management Software, from the research firm Verdantix. The report analyzes the business case for investing in carbon software from vendors like CarbonView, Carbon Hub, ESS, Greenstone Carbon Management, Hara, IHS, PE International, SAP and SAS.