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Rescooped by Willy De Backer from The Great Transition onto Business & Sustainability |
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The costs of environmental impacts from businesses are on track to double every 14 years, according to an analysis of 10 global "megaforces."
Ranging from climate change to the growing middle class, these megaforces are expected to significantly affect corporate growth over the next 20 years, says KPMG International.
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In recent times, the issue of sustainable consumption has gained renewed attention and relevance. 
Willy De Backer's curator insight,
May 10, 2:18 PM
interesting article on the use of redesigning consumption products to advance sustainability - does not address the issue of sufficiency though..; Delete the scoop?
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Businesses will stick to the status quo whatever the disastrous consequences unless we build a credible sustainability vision
Willy De Backer's insight:
"To create the pathway for fundamental change, it is therefore vital that we mainstream a credible vision of a prosperous future within planetary boundaries, but the sustainability movement has so far failed to do this." - so correct!
Willy De Backer's curator insight,
April 13, 5:06 AM
Excellent article by Jo Cofino of the Guardian underlining the need for the sustainability movement to stop analysing and start doing. 
Antoine Moore's comment,
April 16, 8:47 AM
To me the most salient statement of this article was this: Standing back from the whole sustainability debate, the sense I have is that before we can come up with a credible future vision, we must firstly let go of our egoic need to be in control and be right. The paradox is that only by embracing uncertainty, will the way forward start to manifest." Business leaders have to become more comfortable with uncertainty and not knowing upfront the way forward which presumably might also suggest the possibility of not acting but rather sensing into the storyline unfolding in the field of one's experience.
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"Porter goes so far as to say that the benefits of the capitalist system are not being seen by greater society. It’s not that profit is inconsistent with society’s needs, but rather it is seen as coming at the expense of society rather than to its benefit. If the 20th century model for capitalism was “What’s good for business is good for society,” Porter sees the 21st-century model as the converse: “What’s good for society is good for business.”
Willy De Backer's curator insight,
March 26, 3:12 PM
Interesting article in GreenBiz on going beyond the usual sustainable business framework. 
Delphine Desgroux Evesque's curator insight,
April 2, 3:28 AM
Very interesting article on Porter's vision of new business model "what's good for society is good for business". Michael Porter of Harvard Business School is the father of competitive strategy, sought by the biggest corporations and institutions for his insights into global competition !! Delete the scoop?
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We have built a world in which competition rules but it's time to pay more attention to the art of collective leadership, says Petra Kuenkel...
Good article in the Guardian Sustainable Business blog on the need for a new governance culture in business as well as society as a whole. Delete the scoop?
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Unilever's CEO talks to Reuters about moving away from a focus on short-term corporate results.
Unilever is one of the few multinationals seriously committed to the transition towards a sustainable one-planet economy. Delete the scoop?
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"Business leaders, said Porter, should focus on creating win-win outcomes that strengthen society as well as satisfy the profit motive. They can do so by reaching out to serve broader constituencies and by being attentive to long-term social impact."
The World Bank blog tackles Michael Porter's "Shared Value" concept but avoids the tough question: what if "shared value" approaches bite into corporate profits? If interests of shareholders clash with interests of society, which side wins in a world rules by the financial markets? Delete the scoop?
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Unilever has announced it will reach its target of 100 percent certified sustainable palm oil covered by GreenPalm Certificates by the end of 2012, three years ahead of its original schedule.
Applause for Unilever but this sustainable sourcing success does not yet make it a sustainability leader. It still remains a consumption-driven instead of a prosperity-driven company Delete the scoop?
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"Only the oil industry would now have the audacity once again to peddle a story that it has gotten wrong for more than a decade as if it were brand new. Enlisting the media and its army of paid consultants, the industry is once again telling the public that oil abundance is at hand. And, what is doubly audacious is that it is promoting this tale as oil prices hover at levels more than eight times the 1999 low. Clearly, the industry is counting on collective amnesia to shield it from ridicule."
Good analysis by Kurt Cobb on how the pusher (the oil industry) is keeping the junkie (the economy) hooked on its stuff by offering dreams and fantasies. Delete the scoop?
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Patagonia becoming a benefit corporation formalises how the apparel firm has always done business without doing harm... Delete the scoop?
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The world famous economist on corporate control, the search for happiness and why a multi-disciplinary approach is the only way to find solutions to sustainability challenges...
Excellent article from the Guardian's Sustainable Business blog. Delete the scoop?
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IIED report into making mining sustainable finds major improvements as well as areas of concern, says Abbi Buxton... Delete the scoop?
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Many of the country’s leading companies have taken contradictory actions when it comes to climate change science while pumping a tremendous amount of resources into influencing the discussion, according to an analysis released today by the Union of Concerned Scientists (UCS).
Most climate talk of big business is just that. Just talk, little walk. Short-termism caused by their being hostage to Wall Street capitalism. Delete the scoop?
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In the semantic economy, that design will be generated through a complex network of entities. Competitive advantage will be conferred on those who can create new informational value. Delete the scoop?
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The central theme is not global warming but resource depletion on a planet already consuming 50 percent more than its capacity.
Willy De Backer's curator insight,
April 18, 3:17 PM
Good review of The Worldwatch Institute's new "State of the World 2013". "Is sustainability still possible?" - does the unicorn exist? Delete the scoop?
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"Many from the “peak oil” community say that what we should worry about is a decline in world oil supply. In my view, the danger is quite different: The real danger is financial collapse, coming much earlier than a decline in oil supply".
Willy De Backer's curator insight,
April 2, 2:38 AM
Gail Tverberg's interesting analysis of the link between resource scarcity and the world's financial crisis provides a lot of insight into our economic predicament. Delete the scoop?
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Royal DSM, the global Life Sciences and Materials Sciences company, has been awarded the Sustainable Supply Chain Award 2012 for its responsible way of managing its supply chain.
One of the leading sustainability-aware companies got a well-deserved award. Delete the scoop?
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Some 85 percent of companies have more complex supply chains as a result of globalization, and adjusted climate forecasts mean businesses should expect climate change to have an even more destructive effect than previously assumed on supply ...
Two new remarkable reports by PricewaterhouseCoopers paint a scary 6-degrees climate future and economic turmoil for global business. High time one of the big consultancies goes beyond the usual "let's keep it positive" approach and starts talking reality. Delete the scoop?
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BASF, the German chemical giant, has distanced itself from the rest of the industry by saying Europe's REACH chemical safety law was worth the investment in the end. A review of the legislation is expected this month.
Remarkable U-turn from the German chemical giant. Delete the scoop?
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"Coll’s newest work, Private Empire: ExxonMobil and American Power, makes clear that the world’s largest corporation is roughly as powerful a force on the global geopolitical stage as the world’s most dangerous terrorist network. And, not only powerful, but also sometimes working against the interests of the United States and its citizens"
Via Willy De Backer Delete the scoop?
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"this book sets a major challenge to educators and educational establishments by not only introducing the principles of sustainability to students but also seeking to change the way schools and colleges approach education and view themselves in the context of the local community and society in general." Via Raphael Souchier, Rowan Edwards Delete the scoop?
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Ensuring that banks are boring may prove to be a key element of a new business model for the banking sector, enabling the sector to re-establish its ethical framework and focus financing on sustainability.
Good article on the future of banking and the financial sector in Forbes. Title is misleading in my view: what is boring about working for real value and the real economy? 
's comment, July 22, 2012 5:04 AM
Having boring associated with ethical and sustainable in same sentence creates, in my humble opinion, a link that I find not very sound, unless you'd find unethical and unsustainable exciting.
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With a disappointing political outcome at Rio+20, the president of the WBCSD says the only option is for business to spring into action and implement change at scale...
Can big business embrace limits to growth, develop a business model beyond short-term profit, empower leaders who advocate social and wage equality, adopt a no-lobby code, convince the fossil-fuel sector that the age of oil and gas has to end asap, tell the financial sector to downsize and serve the real economy, help SMEs to go sustainable? All very unlikely I would bet. Delete the scoop?
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"Financial-market reform has fallen far short of securing the sector’s resilience, let alone driving investment in the technology, energy systems, infrastructure, and business models needed to develop a sustainable world economy."
Good article in Project Syndicate by sustainability expert Simon Zadek on the need to tackle the financial sector. Delete the scoop?
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Voluntary initiatives are not enough: a global agreement on reporting is needed to make ambitions on sustainability a reality...
I have started to become quite sceptical on this issue. As long as the power of the financial sector over government is not broken, even better and mandatory sustainability reporting alone will not help. Delete the scoop?
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Is corporate sustainability on the wane or growing more important to top executives? At the beginning of the year, two big-picture reports on the state of green business painted divergent pictures.
Excellent analysis in Harvard Business Review blog of recent (disappointing) developments in corporate sustainability. Delete the scoop?
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