Just a Drop is an international water aid charity, which was set up in 1998. Fiona Jeffery, the charity’s founder, learnt that just £1 can deliver clean water to a child for up to 10 years. Just a Drop was born, based on the premise that if people can be encouraged to give a little then collectively we can make a huge difference.
+ www.reedelsevier.com/corporateresponsibility/environmental-challenge There is a $50,000 prize for the first place entry and a $25,000 prize for the second place entry. For the second year, a $15,000 WASH Alliance prize will be given for the third place project.
Its TERMSHHEET DAY - what a day. VC's + Family Offices + Induviduals are investing more then ever in my time...... http://t.co/cgUu9qGy80— Morten Lund (@ML) December 2, 2013
Morten Lund, is an entrepreneur from Copenhagen, Denmark who has founded or co-invested in more than 40 high-tech start ups in the last decade, including Skype and LundXY...
We have now worked for 5 years relentlessly – and we have; – helped 10 companies – started 5 companies – raised +150mio$ for these companies – employed +400 people around the world – created real change in e-invoicing and financing for small companies.
Today we are announcing the Capital Aid and Tradeshift partnership. CapitalAid has a backup of €500 million committed on paper - and when this flies we will have a further €3 billion committed to lend to small and medium sized companies. It’s just factoring – they did it in the High Middle Ages when Venice became extremely wealthy through its control of trade. There is absolutely no rocket science involved:
CapitalAID will simply offers to pay invoices for a company on the same day as they send it instead of waiting 30-90 days...
International Workshop on UI Greenmetric 2013
Universitas Indonesia, Depok, November 21st 2013
In this 2013 report, new research by MIT Sloan Management Review and The Boston Consulting Group looks at companies that “walk the talk” in addressing significant sustainability concerns. So-called “Walkers” focus heavily on five fronts: sustainability strategy, business case, measurement, business model innovation and leadership commitment. For them, addressing significant sustainability issues has become a core strategic imperative and a way to mitigate threats and identify new opportunities.
For the past five years, MIT Sloan Management Review and The Boston Consulting Group have collaborated on an annual research project to assess how businesses address their sustainability challenges...
One of the most beautiful awards I've ever gotten. Thank you from my heart, it really touched me!… http://t.co/ouolvaJnZb— Max Oliva (@maxoliva36) November 23, 2013
Equivalent in 2011 prices: €70 bn and nearly €80bn today.
In the world’s largest CEO study on sustainability to date, more than 1,000 top executives from 27 industries across 103 countries assess the past, present and future of sustainable business; discuss a new global architecture to unlock the full potential of business in contributing to global priorities; and reveal how leading companies are adopting innovative strategies to combine impact and value creation.
The UN Global Compact-Accenture CEO Study on Sustainability 2013 (PDF, 59 pages)
Accenture Landing page with video, infographic and social media
Delmas Wins Inaugural Research Impact on Practice Award, 19th September 2013
Demonstrating that Think in the Next affects real-world management issues, Magali Delmas, professor of management at UCLA Anderson and the UCLA Institute of the Environment, and her collaborator, University Paris-Dauphine’s Sanja Pekovic, have won the 2013 inaugural Research Impact on Practice Award. The award, presented by Ontario-based Network for Business Sustainability at Western University’s Ivey Business School and the Organizations and the Natural Environment Division of the Academy of Management, recognizes the researchers’ work on environmental management systems.
It turns out, companies that adopt environmental systems have a 16 percent higher labor productivity rating than firms that don’t.
"Adopting green practices isn't just good for the environment," Delmas told UCLA Newsroom. "It's good for your employees and it's good for your bottom line. Employees in such green firms are more motivated, receive more training, and benefit from better interpersonal relationships. The employees at green companies are therefore more productive than employees in more conventional firms."
The study, based on a survey of 5220 French firms, was published September 10, 2012 in the online version and the February 2013 issue of the Journal of Organizational Behavior.
www.world-entrepreneurship-forum.com (EM Lyon Business School in France)
Its aim: to highlight the significant potential of rural entrepreneurship and promote sustainable development of rural areas.
Today, 47% of the world’s population still live in rural areas but rural exodus has become an important international issue. In 2007, for the first time in the history of mankind, urban populations exceeded those of rural areas, posing serious challenges of which we are all aware.
One way to temper this trend is through the spread of rural entrepreneurship, which is key to sustaining livelihoods in rural areas. By exploring and sharing knowledge on the best entrepreneurial practices and solutions, the Rural World Entrepreneurship Forum seeks to nurture rural innovations with a clear focus on empowering rural areas.
Organized jointly by the World Entrepreneurship Forum and the Environmental Forum of India (EFOI), the 1st Rural World Entrepreneurship Forum was inaugurated by India’s Minister for Agriculture, Hon. Sharadchandraji Pawar, in front of 3,500 people.
The initiator of the Forum, Mrs. Sunetra Pawar, Founder and President of EFOI, presented it as “a platform for entrepreneurs to showcase their ideas, vision and how they will impact the rural entrepreneurial ecosystem in the country”.
The two day in-depth discussion highlighted innovative initiatives likely to create jobs, develop self-reliant rural communities and therefore reinforce the ties between local people and their villages.
Among the innovative companies presented:
“Essentially, understanding a company’s corporate culture is key to understanding its behaviour in relation to its sustainability. Basically the more transparent you are, the more trusted you will be. And it’s clear that the more sustainable you are, the more you will reduce your risk exposure in the market.” – Alberto Andreu, Head of CSR & Reputation for Telefónica
EMG recently caught up with Alberto Andreu, Head of CSR & Reputation for Telefónica, to find out more about his company’s journey…
Telefónica was recently ranked by Newsweek as one of the top 15 green companies in the world, with an excellent rating on transparency. What are the key milestones or pillars that a company has to have in place to be able to excel?
One of the key things to remember about Telefónica is that we began this sustainable journey some 12 years ago. This means we have been thinking, working and taking leadership on these issues for a much longer time than many other players in the market.
What we did at the outset was to identify where the risks which would affect our sustainability and reputation were in the company. This was a very important thing to do. We spent almost a year on this, creating a ‘risk map’ for the entire company: looking at strategy risk, marketing risk, operational risk, human resource risk and others.
In doing this, we realized that those risks that related to corporate reputation and corporate sustainability seemed to fall between a number of different departments. No single department was taking ownership for this risk; and when risk has no owner, you have a problem. This was a key discovery for us in turning around our thinking on sustainability.
The second milestone was defining the company’s sustainability goals, and developing a global plan to communicate these internally. We defined our core pillars of sustainability in a report which became an important communication tool to show the comprehensive internal policy, internal procedure and internal auditing of our CSR activity. This was key to help us gain our reputation on transparency.
The third milestone came in 2006 when the Board of Directors created a committee, run by independent board members, to track and follow everything within the company relating to reputation and corporate sustainability. The fourth milestone was stakeholder engagement. We worked very closely with the CSR committee representatives so that we could continue to understand all the requirements of sustainability in order to further the improvement of our ongoing CSR reporting and policy development.
The fifth milestone came with the international recognition we received for our CSR activity. While we are a Spanish company, we are well aware that we are also a global company with locations across Europe and Latin America. Projects such as The Carbon Disclosure Project and our involvement with the UN Global Compact have been instrumental in our achieving these results.
Finally, in my mind the sixth most significant milestone for Telefónica has been what we are doing in relation to social innovation in business. We started our journey by identifying risk, but now we are trying to create social ecosystems to help the business create more partnerships.
Essentially, understanding a company’s corporate social culture is key to understanding its behaviour in relation to its sustainability. Basically the more transparent you are, the more trusted you will be. And it’s clear that the more sustainable you are, the more you will reduce your risk exposure in the market.
Vision of the IUCN Academy of Environmental Law
To build sustained capacity in legal education and advance conceptual understanding and implementation of environmental law, particularly in developing countries.
The IUCN Academy of Environmental Law is uniquely positioned in building environmental law education capacity and promoting the conceptual development of environmental law.
The Academy recognizes that environmental legal education is a vital contributor to the rule of law and to robust environmental governance essential for sustainable development and can be achieved through:
As countries seek to achieve global environmental sustainability and to increase their capacity for the development and implementation of international and national environmental law, the IUCN Academy can draw on its international resources to help achieve the following:
|The Sustainable Business||The Sustainable Business Workbook|
EFMD is pleased to announce the release of two important publications – a 200-page textbook, The Sustainable Business (2nd edition), and a 30-page accompanying workbook – in partnership with the Center for Industrial Productivity and Sustainability (CIPS), GSE Research, the Product-Life Institute and Greenleaf Publishing.
Recommended for managers, employees, teachers and students, this readable and informative guide explains the importance of waste minimization as a first step toward sustainability. Within its pages, the breadth and depth of long-term profitable business practices are explored with an emphasis on optimizing resources (including labour and markets) and maximizing purchases and investments while eliminating the costs of non-product (waste), unemployment, short-term thinking and environmental degradation.
The bottom line: if you’re looking to gain insight on the future of business, this is it!
“[S]ustainable measures . . . have the happy side-effect of helping to preserve our environment at the same time. This book is one of the most comprehensive and thoughtful guides as to how we might do that.”
Prof Eric Cornuel, Director General and CEO, EFMD
“A great book. Highly recommended . . . there is much to be gained from this guide.”
Zachary Shahn, Earth & Industry
If you would like to order printed copies for your business school or company you can order copies directly from Greenleaf Publishing.
GIANT, Grenoble Innovation for Advanced New Technologies
(it is necessary to book a few weeks in advance to visit -get a tour of- some of the participants installations) (+virtual tour of Grenoble School of Management)
www.giant-grenoble.org/en/industry-sitemap/giant-start-ups..."A decade’s worth of start-ups: 50 in all"...
As a founding member of GIANT, Grenoble Ecole de Management will leverage its long history of academic leadership in technology and innovation to spearhead GIANT's center of excellence in Technology and Innovation Management.
Grenoble Ecole de Management was founded in 1984 at the request of forward -looking companies—Bull, Caterpillar, Hewlett-Packard, and Merlin-Gerin— operating in the Grenoble area.
Grenoble Ecole de Management quickly moved beyond the scope of a typical business school, making forays into technology and science...
GIANT members have launched two initiatives to help campus researchers better understand the procedures involved in certain EU research and innovation programs and prepare their applications. These are just two in a growing number of services that the campus now offers to encourage cooperation and leverage expertise. These most recent initiatives focus on European Research Council (ERC) grants and the new Horizon 2020 Framework Programme. In both cases, GIANT is bringing in outside experts to ensure researchers benefit from an effective service and fully understand all the subtleties of these programs.
The ERC is a pan-European organization aimed at improving recognition, creativity, and effectiveness in the field of leading-edge European research. Following a competitive peer review process, the best researchers receive funding to conduct their research activities in Europe. Grants are awarded to projects led by both novice and experienced researchers, of all origins—the sole selection criteria is excellence in science.
To help improve candidate researchers’ chances of obtaining an ERC grant, GIANT sponsors training days given by a consulting firm. Candidates having participated in this training are invited to contact the firm once they have prepared their applications so that they can be proofread before submission. Candidates also benefit from personalized interview preparation in the presence of consultants and previous grant recipients.
In parallel, GIANT has launched a support service to answer any questions candidates may have and help them prepare applications (analysis, proofreading, etc.). The cost of training and assistance in preparing applications is covered by the GIANT Innovation Campus...
Mongolia’s President Tsakhia Elbegdorj was named as one of six recipients of UNEP’s Champions of the Earth 2012 award for leadership that had a positive impact on the environment.
www.unep.org/wed/ World Environment Day
World Environment Day is an annual event that is aimed at being the biggest and most widely celebrated global day for positive environmental action. World Environment Day activities take place all year round and culminate on 5 June annually.
WED 2013 is being hosted by Mongolia, a country that has been prioritizing a Green Economy shift across its big economic sectors such as mining and promoting environmental awareness among youth. Its government is determined to meet these challenges and seize the opportunities of a lesspolluting and more-sustainable future.
Message of the United Nations Secretary-General Ban Ki-moon
We live in a world of plenty, where food production outstrips demand, yet 870 million people are undernourished and childhood stunting is a silent pandemic. To create the future we want, we must correct this inequity. We must ensure access to adequate nutrition for all, double the productivity of smallholder farmers who grow the bulk of food in the developing world, and make food systems sustainable in the face of environmental and economic shocks. This is the vision of my Zero Hunger Challenge, launched last year at the Rio+20 UN Conference on Sustainable Development.
Who is behind the blog?
PRiMEtime is a joint initiative between the Secretariat of the Principles for Responsible Management Education (PRME), an initiative of the United Nations Global Compact and Giselle Weybrecht, author of The Sustainable MBA: The Manager’s Guide to Green Business.
What is PRiMEtime?
PRiMEtime brings together and shares best practices on how to mainstream sustainability and responsible leadership into management education globally. The blog will serve as a platform to share and discuss inspirational activities that promote the development of responsible leaders.
What does PRiMEtime cover?
The blog will feature examples from around the world and will include both success stories and lessons learned. Posts will cover a wide variety of activities, ranging from efforts to embed sustainability and responsible leadership into curricula, student led initiatives, and the outcomes of partnerships with business, NGOs and other schools. The blog will also highlight the often forgotten “i” in PRME, by:
A growing body of research suggests that adding more women to the upper echelons of the corporate world—and particularly to directorial boards of publicly held companies—may help better balance business’ current emphasis on short-term profit maximization towards a broader focus on longerterm goals, including positive environmental, social, and governance impact.
Integrated Reporting <IR> is the language for sustainable business. It is the means by which companies communicate how value is created and will be preserved over the short, medium and long term. This information is used principally by investors to support their capital allocation decisions...
papers.ssrn.com..March 30, 2011Ioannis Ioannou London Business School, George Serafeim Harvard University - Harvard Business School
We examine the effect of mandatory corporate sustainability reporting (MCSR) on several measures of social responsibility using both country and firm-level data. Using data for 58 countries, we show that after the adoption of MCSR laws and regulations, the social responsibility of business leaders increases and both sustainable development and employee training become a higher priority for companies. Moreover, for companies in countries with MCSR, corporate governance improves and on average, companies implement more ethical practices, bribery and corruption decrease, and managerial credibility increases. These effects are larger for countries with stronger law enforcement and more widespread assurance of sustainability reports. We complement the country-level analysis using environmental, social and governance metrics at the firm-level in conjunction with a differences-in-differences research design and we find that for the treatment group, energy as well as waste and water consumption significantly decline, while investments in employee training significantly increase after the adoption of MCSR laws and regulations.
Are institutions important for #sustainability? Critical! top-tier published research http://bit.ly/N9TxPT #susty #esg #csr #socinn #green
August 27, 2010, Journal of International Business Studies (Forthcoming)
Ioannis Ioannou - London Business School
George Serafeim, Harvard University - Harvard Business School
Conclusion of "Farms Here, Forests there"
Conserving tropical rainforests generates significant financial gains and savings for the U.S. agriculture and timber industries, while also increasing opportunities for residents of rainforest nations.
What is the Scorecard?
The Palm Oil Buyers’ Scorecard 2011 measures the
performance of 132 major retailers and consumer goods manufacturers
against 4 areas which show whether these companies are acting
The Scorecard focuses on European companies, since they are leading the way in transforming the market for palm oil, and were the first to commit to the Roundtable on Sustainable Palm Oil (RSPO). However, it also looks at other markets such as Australia and Japan where some progress is being made.
Research from Melbourne Business School (MBS) has found that if a product clearly reflects factors which impact ethical consumerism on its label, consumers will favour that product over others.
As a result of her research in this area, MBS Professor Jill Klein is calling for manufacturers to improve their labeling to provide consumers with a more informed choice and to increase sales.
Professor Klein based her research on a series of experiments performed at the Melbourne Zoo between April and June last year. Zoo visitors were asked to select between a food product that did not contain the orangutan-unfriendly palm oil and a virtually equivalent alternative that contained vegetable oil...
The international business guide to TM public-private partnerships and
infrastructure finance, since 1988.
16 December 2011 – Secretary-General Ban Ki-moon today highlighted the critical role that businesses play in advancing sustainable development, and called for a surge in public-private partnerships ahead of a major United Nations conference on the issue next June.
“We need you. More than ever before, we need to develop a long-term vision for our planet,”...
A growing number of businesses have signed up to the Global Compact since it was set up in 2000, pledging to align their business practices to 10 universally accepted principles concerning human rights, labour, environmental sustainability and the fight against corruption. The Compact is the world’s largest corporate responsibility initiative with 6,000 companies in 135 countries...
...“If sustainable development is to become a reality, we need to unleash a wave of public-private partnership (Wikipedia) on a much bigger scale,” he added...
organized by www.bertelsmann-stiftung.de "Inspiring people. Shaping the future. Participating in a globalized world."
Watch Miriam Müthel, Assistant Professor at WHU Otto Beisheim School of Management, explaining her solution proposal to enforce ethics and trust in society and business. Sustainable ethical behavior will help trust to develop. We are grateful that FutureChallenges conducted this interview at the GES 2011 in Kiel.
According to Miriam Müthel, ethical behavior is one of the building blocks of trust since it reflects consistency and values. Business leaders should not just be evaluated in terms of business goals and financial performance, but the way goals are achieved should also be taken into account and aligned with the values of the firm. To achieve this, values have to be made much more concrete.
On 15 January 2007, M&S launched an initiative, known as "Plan A", (because there is no Plan B!), to dramatically increase the environmental sustainability of the business within 5 years and expected to cost £200 million.
The plan covers "100 commitments over 5 years to address the key social and environmental challenges facing M&S today and in the future" with the tag-line "Because there is no Plan B". The commitments span five themes: climate change, waste, sustainable raw materials, 'fair partnership' and health, with the aim that, by 2012, it will:
2011 Oracle World Retail Award winners at the World Retail Congress.
From Branson's new book, which coins Capitalism 24902 (chapter 1 downloadable for free)
It’s really pleasing to see these wonderful small businesses
making a difference, but what about the responsibility of
some of the larger ones? One of the companies that certainly
has taken this challenge on board at the core of their business
is Marks & Spencer. M&S, the huge UK-based retailer
with £10 billion in annual revenue, with whom just about
everyone in Britain is familiar, has set out to be the world’s
most sustainable retailer by 2015. In 2007, they launched
Plan A (obviously because there is no Plan B!). This plan is
Businessworld, 03 Dec 2011
The next 50 years will be defined by two important trends - both favouring India. The world's population is about 7 billion, of which 5 billion are poor. Companies typically target the 2 billion rich. Over the next 50 years, the projection is that we will have 12 billion people, of which 10 billion will be poor. So, the biggest opportunity for corporations is to convert the poor into a consuming base, so that they become an even bigger opportunity over the next 50 years.
However, you need innovation to serve the poor. I recently wrote a piece on a $300 house for the poor. Once you construct a home, it becomes a reservoir for other products. Apple, for instance, does not sell a single iPhone to the poor. If you could make an iPhone for $5, there is a $25-billion market. Even for a giant like Apple, that's a big revenue opportunity.
The second big trend is sustainability. This planet cannot be sustained if the 5-billion poor turn into consumers...
SAM and Dow Jones Indexes announce the 2011 results of the Dow Jones Sustainability Indexes Annual Review (PDF), September 8, 2011 (full list of companies)
Repsol is ranked as the World leader in the Oil & Gas sector, obtaining the highest score on both the global and European indexes, ahead of companies such as Eni, Total, BG Group and Petrobras.
The Dow Jones Sustainability Index is a family of indexes whose members must demonstrate advanced practices in the different areas that constitute corporate responsibility. Only 10% of the 2,500 securities that make up the Dow Jones Global Index, made up of listed companies in major markets throughout the world, are included of the Dow Jones Sustainability Index, after passing a rigorous review and selection process. (see also FTSE4Good Index Series)
GSVC's mission is to catalyze new sustainable ventures that address significant social issues, build awareness of the social entrepreneurship field and educate future leaders
In this year's Energy for Tomorrow competition, graduate students from top business, environmental, public policy and engineering schools from around the globe were invited to discuss energy innovations in the urban environment and how this will affect consumer behaviour.
TIME, FORTUNE and Shell would like to thank all the participants...
To explain how things work inside the most exclusive, high-end consumer market, Universia Knowledge@Wharton interviewed Maria Eugenia Girón, a professor at the IE Business School and author of The Secrets of Luxury. Girón also manages the investment firm Megam Capital, which specializes in the high-end sector, and provides companies with advice about strategic planning and brand-building.
Universia Knowledge@Wharton: What is eco-luxury, and what impact does it have on the development of a sustainable high-end market?
Girón: Eco-luxury is the favorite term for describing the initiatives that luxury brands are taking in order to integrate the value of sustainability into their business strategies. This term includes many different kinds of initiatives. Tiffany & Co. has eliminated coral from its line-up of products because it cannot be harvested in a sustainable way. Zegna and Loro Piana have repopulated the vicunas of the [Peruvian] Andes, which were on their way to extinction...
...Today’s consumers are interested in knowing where the products they consume are coming from, and understanding the impact of their design, production and development on the environment and on people. For reasons of health, as in the case of foods or cosmetics, or because of [greater] sensitivity to the problem of environmental deterioration, consumers today identify the “best” products as those integrate those values...
United Nations Global Compact (Brussels, 8 June 2011) – H. Elizabeth Thompson, the Executive Coordinator for the 2012 UN Conference on Sustainable Development (Rio+20), has called on academic institutions participating in the Principles for Responsible Management Education (PRME) initiative to convene at Rio+20 with a clear commitment to educate students and future business leaders according to principles of sustainable development.
Her remarks were delivered at this year’s PRME Summit in Brussels, which was attended by more than 220 deans and faculty of leading academic management schools and departments worldwide responsible for the implementation of PRME. Co-chaired by Elizabeth Thompson and Pierre Tapie, Dean, ESSEC Business School, the meeting was structured around the six PRME principles...
The Inter-American Partnership for Education (IAPE) is a Clinton Global Initiative Commitment that aims to transform English language instruction in Mexico's most underserved public schools by training, empowering, and supporting a dedicated network of innovative and dynamic English language educators. IAPE is a partnership of Worldfund and Dartmouth College's Rassias Center for World Languages and Cultures and is underwritten by Bécalos and Nextel de México. IAPE receives additional generous support from The Lynde and Harry Bradley Foundation and from participants' home institutions. IAPE's flagship program, the IAPE Teachers' Collaborative, involves over one hundred hours of pedagogical training at Dartmouth College, followed by three years of mentoring and supporting colleagues in Mexico. Our newest program, the IAPE Intensive English Program, is offered in Mexico and involves eighty hours of intensive English instruction and twenty hours of pedagogical training.
29 April 2011, GBSN’s MBA Challenge Winner Announced!
The first MBA Video Challenge drew to a close earlier this month and the selection committee had the difficult job of choosing a winner from nine fantastic submissions. GBSN was pleased to receive videos from Haas, IMD, MIT Sloan, Thunderbird, UDD, Tuck and Strathmore which highlighted the innovative work of MBA students in Brazil, Chile, Guatemala, India, Kenya, Mongolia, Panama, Peru, South Africa, Tanzania, and Zambia.
Projects included the development of new technologies, the creation of new growth strategies, the provision of technical assistance, and the identification of new income-generating projects.
And the winner is… the eight students of Haas School of Business (USA) led by Hrishika Vuppala! These eight students spent one year working with Community Markets for Conservation (COMACO) and the Wildlife Conservation Society to produce an independent organizational audit, a three-year strategic plan, and a geographic expansion strategy. COMACO provides a market-based solution to wildlife conservation by combating food insecurity through the creation of markets for rural farmers who might otherwise practice destructive land use or poach wildlife.
The Haas team identified and recommended the investments necessary to overcome historical difficulties, act more swiftly in the pursuit of opportunity, and shift from tactical considerations to concerted strategic maneuvers. By doing so, COMACO is better positioned to reach profitability in a sustainable manner and achieve long- term success.
Congratulations to the following Haas students – Hrishika Vuppala, Lauren Gellman, Kristin Mannix, Dan Parker, Paul Collins, Ciera Ashley, and Ricardo de Paula. We look forward to celebrating your success at GBSN’s annual conference in Mexico City!
It used to be that if you studied investing at business school, the emphasis was on profit. Now, students studying the emerging field of impact investing learn about business growth opportunities that address larger social and environmental issues...
Collective Impact, Winter 2011
Large-scale social change requires broad cross-sector coordination, yet the social sector remains focused on the isolated intervention of individual organizations. Substantially greater progress could be made in alleviating many of our most serious and complex social problems if nonprofits, governments, businesses, and the public were brought together around a common agenda to create collective impact. Published in the Stanford Social Innovation Review, Winter 2011.
...Our research shows that successful collective impact initiatives typically have five conditions that together produce true alignment and lead to powerful results: a common agenda, shared measurement systems, mutually reinforcing activities, continuous communication, and backbone support organizations...
www.the-hub.net ("Go To Hub...")
We're a social enterprise with the ambition to inspire and support imaginative and enterprising initiatives for a better world. The Hub is a global community of people from every profession, background and culture working at 'new frontiers' to tackle the world's most pressing social, cultural and environmental challenges.
We believe that there is no absence of good ideas in the world. The problem is a crisis of access, scale, resources and impact. So it felt vital to create places around the world for accessing space, resources, connections, knowledge, experience and investment...
Article of Financial Times, November 25, 2007. Della Bradshaw
Business schools have been slow to embrace sustainability issues in their course material, but even slower off the mark in assessing how their own campuses could be more ecologically sound...
A growing group, however, is trying to address this shortcoming. In Europe, London Business School is widely credited with raising awareness of institutions’ role with its “Walk the Talk” environmental management programme...
In Spain, the Madrid-based Instituto de Empresa claims to be leading the way with its EcologIE initiative, launched in June. Starting with small gestures – recycling bins are currently being distributed around its campus buildings – the school plans a thorough reorganisation of working practices aimed at reducing its carbon footprint.
With the help of the environmental consultants Ingenieros Asesores, students and faculty are assessing energy use and waste production at the school’s various campus sites. Once the findings are out, they will implement recycling and energy and water conservation schemes similar to those in place at London Business School. Measures may even extend to reducing the amount of time faculty spend on aircraft.
Javier Carrillo, director of the school’s Centre for Eco-Intelligent Management, argues that innovation in production and systems is the key to creating sustainable business...
As in most cases, IE’s green initiative came from a student: Melanie May Happel, who is completing an International MBA. Inspired by the London Business School case and drawing on her own experience in an environmental management consultancy, she approached faculty heads this year with her proposals for greening the Spanish school. They offered their “full support”, she says.
“Schools have become good at preaching the importance of ethical business, but these are not necessarily applied on campus,” says Ms Happel. “Basically, we’ve decided to walk the talk.”