Conscious Travel
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Conscious Travel
The factors driving & necessitating the emergence of a new operating model for tourism
Curated by Anna Pollock
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The Must Haves for a Sustainable 2050 | MAHB

The Must Haves for a Sustainable 2050 | MAHB | Conscious Travel | Scoop.it

This report describes an 18-month World Business Council for Sustainable Development (WBCSD) project, Vision 2050. The vision was formed by a technique of backcasting past events, to evaluate the plausibility of reaching a reasonably sustainable world in 2050. 
The project is causing major strategic re-thinking among the 200 member companies in the World Business Council, and has generated thoughtful discussions in proceedings conducted by the United Nations, OECD, and a variety of academic institutions. That WBCSD has led the way on this project is especially significant given that its member companies have $7 trillion in annual revenues (comparison: China’s GDP at current exchange rate is $5.8 trillion).


Via Anne Caspari, Anna Pollock
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Branson’s call: A new role for capitalism

Branson’s call: A new role for capitalism | Conscious Travel | Scoop.it
Abandon business as usual and help create a better world, the head of Virgin Group urges...
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Nightly Business Report Video on Conscious Capital

Nightly Business Report Video on Conscious Capital | Conscious Travel | Scoop.it

25 minute video podcast reporting on companies that are doing well by doing good. Aired in the US on Feb 20th.

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KPMG: Hidden environmental production costs equal 41 per cent of earnings

KPMG: Hidden environmental production costs equal 41 per cent of earnings | Conscious Travel | Scoop.it
New report urges businesses to protect themselves from 10 environmental and economic 'megaforces' that could prevent growth...

 

Report states that "if companies had to pay for the full environmental costs of their production now, they would lose 41 cents for every $1 in earnings."

 

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Ecosystem Economics: Navigating the Water-Food-Energy Nexus

Ecosystem Economics: Navigating the Water-Food-Energy Nexus | Conscious Travel | Scoop.it

At the World Economic Forum in Davos a new brand of resource realism began to take hold of the business community. Tourism businesses large and small take note....

 

"Companies will need to measure and prepare for potential resource shortages and price increases, which will deeply affect their business operations, supply chains, and customers. These issues create collective risks that cannot be managed in silos. Companies will need to look along and beyond their own value chains to become agents of change. They'll bring together communities, governments and NGOs to address the challenge holistically."

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The New Story of Stuff: Can We Consume Less? by Fred Pearce: Yale Environment 360

The New Story of Stuff: Can We Consume Less? by Fred Pearce: Yale Environment 360 | Conscious Travel | Scoop.it
A new study finds that Britons are consuming less than they did a decade ago, with similar patterns being seen across Europe. Could this be the beginning of a trend in developed countries? Might we be reaching “peak stuff”?
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Is The US In A Phase Change To The Creative Economy? - Forbes

Is The US In A Phase Change To The Creative Economy? - Forbes | Conscious Travel | Scoop.it
Is The US In A Phase Change From A Factory Economy To A Creative Economy?
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Screw Tourism As Usual – Will 2012 Be The Year To Make That Happen?

Screw Tourism As Usual – Will 2012 Be The Year To Make That Happen? | Conscious Travel | Scoop.it

2012 will be the year the profit cart will be moved back behind the purpose horse and capitalism, as we know it, will experience a profound makeover. 

 

Links to writers busily re-defining capitalism and business.

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Reaping what you sow: the evolution of CSR - The Performance Portal

Reaping what you sow: the evolution of CSR - The Performance Portal | Conscious Travel | Scoop.it

Companies are increasingly recognizing that socially responsible activities can help, rather than hinder, their profitability.

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Does conservation make business sense? | Qn: A Publication of the Yale School of Management

Does conservation make business sense? | Qn: A Publication of the Yale School of Management | Conscious Travel | Scoop.it

Mark Tercek became the President and CEO of the Nature Conservancy in 2008 after 24 years at Goldman Sachs. In this interview, Mark notes:


"There's greater awareness than there was in the past about how some of our economic objectives, if not moderated and carefully thought about, can do real environmental harm in a way that can't be reversed. And business leaders understand that, in order to pursue their objectives successfully, they need to be welcome in the communities where they work. Maximizing shareholder return is not the only criterion by which they will be judged. It's more complex than that.

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Bhutan and the pursuit of happiness

Bhutan and the pursuit of happiness | Conscious Travel | Scoop.it
Bhutan, sandwiched between India and China, is proof that happiness does not necessarily come with high income.
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The Happiness Index: Measuring What Matters

The Happiness Index: Measuring What Matters | Conscious Travel | Scoop.it
With bated breath, the world’s markets recently waited for the announcement of the U.S. fourth-quarter gross domestic product (GDP) growth rate – a potential bellwether for the global economy. It turned out to be 2.8 percent.
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John Lewis and the search for happiness

John Lewis and the search for happiness | Conscious Travel | Scoop.it
Jo Confino talks to the great grandson of the founder of John Lewis about the benefits and challenges of a shared ownership business model...
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The Great Carbon Bubble

The Great Carbon Bubble | Conscious Travel | Scoop.it

The oil industry has never made so much money as it does now but, instead of investing its profts in alternative sources of energy ( a prudent strategy if you thought that your sources were depleting or that your  carbon waste was a problem), it invests in denial. Bill McKibben explains why... 

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“They Don’t Make Swiss Watches in China” – Fiercely Competitive and Proudly Canadian

“They Don’t Make Swiss Watches in China” – Fiercely Competitive and Proudly Canadian | Conscious Travel | Scoop.it

A strong business plan is vital, but it is only when you capture the hearts and minds of your employees and customers that you unleash a whole new world of opportunity. Here's the story of Canada Goose a company that ‘gets it’. They get what it is to make a quality product, in a quality way, with respect for the triple bottom line of people, profits and planet. As Reiss said, “Business has to realize that it’s more profitable to be sustainable.” And at Canada Goose, they walk the talk of sustainability.

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The Changing Role of Global Leaders

The Changing Role of Global Leaders | Conscious Travel | Scoop.it

In November 2010, to big fanfare at Unilever's London headquarters, chief executive Paul Polman boldly articulated a new strategy.....

 

Extract: "Polman's approach is also a dramatic departure from past practice—and he is not alone. Across the board we see the top executives of some of the world's largest organizations talking about, taking action on, and defining their success in terms of things that have conventionally been the realm of political leaders and NGO activists. The change has not gone unremarked by management's leading thinkers. Witness Chris Lazslo's work on sustainable value, and Michael Porter's theorizing about shared value."

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Conserving Nature Worth $500 Billion to Poor?

Conserving Nature Worth $500 Billion to Poor? | Conscious Travel | Scoop.it

A study of 17 of the world's most important biodiversity hotspots found paying poor people living near those areas for conserving them could result in those people earning $500 billion dollars a year. Source: Conservation Internationa.l

 

If $500 billion sounds like too large a number to pay poor people to conserve what is left of biodiversity, consider that the value of free ecosystems services was once calculated to be $33 trillion per year. Five hundred billion is a very small fraction of that total.

 

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A Planetary Crisis Is A Terrible Thing to Waste by Christian Schwägerl: Yale Environment 360

A Planetary Crisis Is A Terrible Thing to Waste by Christian Schwägerl: Yale Environment 360 | Conscious Travel | Scoop.it
There are striking similarities between the current economic and ecological crises — both involve indulgent over-consumption and a failure to consider the impacts on future generations.
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Social entrepreneurs use startups to change the world

Social entrepreneurs use startups to change the world | Conscious Travel | Scoop.it

What's better than making $1 million - changing a million lives. Article on the groth of social enterpreneurship.

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Clean up with conscious consumers | PROFITguide.com

Clean up with conscious consumers | PROFITguide.com | Conscious Travel | Scoop.it

Canadian Data
There's money to be made in helping people do the right thing.
“Conscious consumers” have formed a vocal but small part of the consumer market for years. Not anymore. Thanks to the educational and connective power of the web, their ranks have grown quickly, with some estimates pegging their numbers at almost half of consumers. “We’re seeing more people really paying attention to the social or environmental harm that might arise as a result of their purchases,” says Michael Mulvey, assistant professor of marketing at the Telfer School of Management in Ottawa. 

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Creating Shared Value

Creating Shared Value | Conscious Travel | Scoop.it

Google, IBM, Intel, Johnson & Johnson, Nestlé, Unilever, and Wal-Mart—have already embarked on important efforts to create shared value by reconceiving the intersection between society and corporate performance. Yet our recognition of the transformative power of shared value is still in its genesis. Realizing it will require leaders and managers to develop new skills and knowledge—such as a far deeper appreciation of societal needs, a greater understanding of the true bases of company productivity, and the ability to collaborate across profit/nonprofit boundaries. And government must learn how to regulate in ways that enable shared value rather than work against it.

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The Evolution of Corporate Social Responsibility

The Evolution of Corporate Social Responsibility | Conscious Travel | Scoop.it

Significantly, consumers increasingly expect investment in social purpose. According to the most recent goodpurpose study, consumers are willing to pay more for products and services that support causes. 

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The Relationship Between Business and Conservation

The Relationship Between Business and Conservation | Conscious Travel | Scoop.it

List of corporations partnering with Conservation International to combat critical environmental challenges 

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IBM Looking at Gross National Happiness as a Measure of Quality of Life in a Smart City

IBM Looking at Gross National Happiness as a Measure of Quality of Life in a Smart City | Conscious Travel | Scoop.it

What makes for a Smart City that generates a well-being for residents in and visitors to a city?

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Seattle Measures its Gross National Happiness and Gets Its First Report Card

An organisation called Sustainable Seattle undertook a survey to determine the level of well-being in Seattle.  The survey measured nine “domains” of wellbeing (finances, time balance, education, access to arts and culture, environment, governance, health, mental health and social connection) and was a shorter version of a much larger survey created by United Nations-sponsored scientists for Bhutan. 

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