Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the latest results of its Schneider Sustainability Impact (SSI) program and its financial results for the third quarter of 2024.
In the past, “The CEO rule was basically keep your head down, stay out of complicated issues, because there were opinions on both sides of any issue,” Lawrence Parnell, program director at the Strategic Public Relations Program at George Washington University told the Wall Street Journal.“It’s no longer a question of if, but where, when and how to engage on these issues and what type of topics to engage on. These are new challenges and things CEOs and boards never had to deal with before, so they are struggling.”
Back in the day, corporate strategy meant defining a business mission and describing how those goals were to be reached through business practices. Today, setting a viable strategy means including many factors once considered outside the scope of traditional business planning. Brands are taking stands on multiple issues, from public, cultural questions (climate change, immigration, gun violence) to internal issues (diversity, ethics, harassment, gender pay gap).
With the 2018 hurricane season underway, Bechtel and IBM have partnered up to share lessons learned from last year’s devastating Category 5 storm in Puerto Rico and mapping their work to the United Nations Sustainable Development Goals.
Enthusiasm, renewed energy and a positive approach was top of mind as leaders from business, Governments, civil society and the United Nations met at the third annual SDG Business Forum to set a new direction to meet the Sustainable Development Goals (SDGs) by 2030. The event was held as part of the High-level Political Forum on Sustainable Development (HLPF) at the United Nations in New York — the annual platform for reviewing progress and guiding global efforts for the 2030 Agenda.
People want to drink clean water even more than they want to breath clean air. So it’s a good thing that almost 3 billion people have gained access to clean water over the last 25 years. But current water use, population growth and the effects of climate change have caused two-thirds of the global population – about 4 billion people – to live under conditions of severe water scarcity at least one month of the year. Some of this scarcity has led to violence and conflict, especially in Africa, Southern Asia and the Middle East.
SDG 12 is crucial because there is an urgent need to transform the way we use food and land. As the world’s largest food and beverage company, Nestlé is contributing our expertise and experience to help achieve sustainable, healthy diets for a growing global population. This is an integral part of our business.
We believe that to be successful in the long term, we have to create value for both our shareholders and society. ´Creating Shared Value’ is the way we do business and live up to our purpose – ‘Enhancing quality of life and contributing to a healthier future’.
Impact measurement can be challenging if you have never done it before and don’t know where to start. Even the savviest professionals sometimes find it hard to choose between various tools, methodologies and frameworks available. Truth is, knowing what impact you’re making doesn’t have to be complicated. We have identified a few simple things anyone can do to kickstart impact measurement.
According to Bureau of Labor Statistics, demand for skilled workers continues to rise and is becoming employers’ favorable choice to replace traditional long-term workers. However, there is a mismatch between the skills that workers can offer and what employers are demanding. This gap impacts not only economies but also hampers the transition to equitable and inclusive societies. Therefore, developing skills among the youth is becoming crucial to ensure the overall improvement of business and society.
In the aftermath of ‘Larry’s letter’—when BlackRock’s powerful chief executive Lawrence Fink demanded a shift in CEOs’ priorities toward more than just profit—as global businesses look for new ways to deepen their social impact, there lies a high-potential solution routinely lost in everyone’s blind spot: making all events, from Monday morning team meetings to weekend barbeques to convenings on the global stage, sustainable.
In our 2017 Sustainability Report, we demonstrate how our unwavering commitment to safe, responsible and sustainable mining underpins every facet of our business. From our initial community outreach before a mine is built to our meticulous reclamation and rehabilitation practices post-closure, we strive to build lasting, mutually-beneficial relationships, drive innovation, improve safety performance and minimize our environmental footprint. Brent Bergeron, Executive Vice President, Corporate Affairs and Sustainability, reflects on 2017’s developments and initiatives, and how we are generating enduring value for and with local communities.
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