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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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Mindsets and Money: Breaking the Grip of Distorted Economics

Mindsets and Money: Breaking the Grip of Distorted Economics | Conscious Travel | Scoop.it

"Some businesses are beginning to expand their focus beyond the surprisingly recent, single-minded obsession with maximizing shareholder value. Yet we haven’t solved the core problem, because the game is fundamentally defined by its rules. And markets, for all their agility and elegance, are massively distorted in several critical ways:..."


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Willy De Backer's curator insight, March 10, 3:32 PM

Excellent ideas from Gil Friend on the radical business reforms needed to make our economies sustainable.

Eli Levine's curator insight, March 11, 9:24 AM

I've been saying this for a few years now.

 

Money HAS to be put in its place, relative to the biological, social and environmental needs of humanity, in both the short and the long term.  Otherwise, we're going to kill ourselves for what amounts to pieces of cloth rag or digital signatures that we don't honestly need and shouldn't really want, if produced by those methods which kill our society, our environment and, ultimately, ourselves through killing our society and environment.

 

This would all start in the private financial sector which makes the investments and the decisoins as to what gets funded and what doesn't.  Who cares if the return is less, especially if you're still able to make a return?  Why should society and the will of society as expressed through the law tolerate or accept the pathological behavior of a few individuals who have mistaken money for something that they need over their physical, social and environmental needs?

 

Think about it.

 

Because it is a pathological mindset/brain type that's at work here.  It shows in the person's behavior, actions, perspectives and attitudes about all things that relate to them.  They need help, more than anything.  And, I don't think they should have a choice about whether they receive help or not, considering how dangerous their actions are for themselves and the rest of us.

 

Think about it.

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Creating 'Shared Value': Delivering On Social Values

Creating 'Shared Value': Delivering On Social Values | Conscious Travel | Scoop.it

"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?


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Is business getting serious on risks of ecosystems collapse?

"Companies depend on and impact the services that healthy ecosystems provide such as freshwater, wood, water purification, carbon sequestration, pollination and natural hazard protection. Degradation of these “ecosystem services,” therefore, can pose a number of risks to corporate performance, as well as create new business opportunities. Making the connection between the health of ecosystems and the business bottom line is essential – but how?"

 

Interesting new report written by the World Resources Institute and the World Business Council for Sustainable Development.


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Communicating sustainability via social media has become mainstream

Communicating sustainability via social media has become mainstream | Conscious Travel | Scoop.it
More companies are using Twitter, Facebook, YouTube and blogs to talk about sustainability than ever before...

 

Interesting article from the Guardian's Sustainable Business blog.


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PwC: Supply Chains Threatened by Six-Degree Global Warming

PwC: Supply Chains Threatened by Six-Degree Global Warming | Conscious Travel | Scoop.it
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.


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Why behaviour change is at the heart of sustainable business

Why behaviour change is at the heart of sustainable business | Conscious Travel | Scoop.it
Brands must find ways to be innovative in order to push people towards sustainable living without preaching to them...

 

Good article on the need for companies to take leadership in changing consumer behaviour. This article is sponsored by Unilever in the context of its exciting Sustainable Living campaign.


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Capitalism with a conscience

Capitalism with a conscience | Conscious Travel | Scoop.it
In difficult economic times, is it possible to create a profitable enterprise that also generates social value for communities?

 

Interesting report at the Sustainable Business blog of the Guardian on efforts to redefine a more sustainable and equitable business.


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“Green shift” in industries could save $2 trillion for major world economies

“Green shift” in industries could save $2 trillion for major world economies | Conscious Travel | Scoop.it

A new report by the World Economic Forum makes the case for an emergency transformation to sustainable consumption in a resource-constrained world.

 

The report "More with less: scaling sustainable consumption and resource efficiency" is an absolute must-read.

 

More about this report will be available from tomorrow via my 3E Intelligence blog http://3eintelligence.wordpress.com .


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