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The Great Transition
Policy news & blueprints for the transition to a new Sustainable and Social Economy
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Sustainability’s strategic worth: McKinsey Global Survey results

Sustainability’s strategic worth: McKinsey Global Survey results | The Great Transition | Scoop.it
Executives at all levels see an important business role for sustainability. But when it comes to mastering the reputation, execution, and accountability of their sustainability programs, many companies have far to go. A McKinsey & Company article.
Willy De Backer's insight:

Interesting new McKinsey study misses the most important dimension: the acceptance of planetary and social limits to growth and how to adapt business to this sustainability imperative.

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China’s Corporate Crackdown

China’s Corporate Crackdown | The Great Transition | Scoop.it
In recent months, the Chinese government has leveled a series of allegations of corporate misconduct – ranging from food-product contamination to price rigging and bribery – against multinational firms.
Willy De Backer's insight:

Simon Zadek's interesting article in Project Syndicate points to new developments in China's state capitalism.

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Creating 'Shared Value': Delivering On Social Values

Creating 'Shared Value': Delivering On Social Values | The Great Transition | 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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Can we believe China's Corporate Social Responsibility rhetoric?

Can we believe China's Corporate Social Responsibility rhetoric? | The Great Transition | Scoop.it

"China is talking the talk of Corporate Social Responsibility in its 12th 5-year plan. It has even endorsed the UN Guidelines on Business and Human Rights. Simon Zadek argues that the new economic superpower sees a real interest in responsible and clean business, and that deeds will follow the rhetoric" (Source: Open Democracy)

 

Excellent must-read analysis of China's efforts to move to a cleaner and greener economy model. Is he painting too much of a rosy picture?

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CauliflowerEars's comment, March 24, 2012 10:45 PM
Corporate Social Repsonsibility with the Human Rights record China has, for example in Tibet? Sorry, I don't buy it - this may have some areas of substance but is basically greenwash.
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Will sustainability reporting ever grow up?

Will sustainability reporting ever grow up? | The Great Transition | Scoop.it
A new report from Ernst & Young takes a hard look at the state of corporate sustainability reporting.

 

More companies than ever are having sustainability reports but they are using "blunt instruments" to prepare them.

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The Oil and Gas Industry’s Take on “Dealing with NGOs”

The Oil and Gas Industry’s Take on “Dealing with NGOs” | The Great Transition | Scoop.it
What do oil and gas say about Environmental NGOs when they think no one is watching?

 

Very revealing article in Triple Pundit on how the fossil fuel industry defines stakeholder engagement.

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Top 12 Predictions for Corporate Responsibility in 2012

Top 12 Predictions for Corporate Responsibility in 2012 | The Great Transition | Scoop.it
Senior Vice President and Director of Global Marketing at Fenton, Susan McPherson shares her predictions for corporate responsibility in 2012.
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Corporate armies, drone terrorism, laser weapons – MoD's vision of future

Corporate armies, drone terrorism, laser weapons – MoD's vision of future | The Great Transition | Scoop.it
Ministry of Defence thinktank spells out potential threats to security that might emerge by 2045
Willy De Backer's insight:

The future is bright - our only hope: the robots taking over.

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Is employee ownership the answer to our economic woes?

Is employee ownership the answer to our economic woes? | The Great Transition | Scoop.it
Pushkar Jha looks at the potential for employee ownership to transform corporate culture and shore up the UK's recovery...

 

Good article from The Guardian's Sustainable Business blog.

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Book Review: Private Empire

"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"

 

 

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Corporate Sustainability Efforts: Feast or Famine?

Corporate Sustainability Efforts: Feast or Famine? | The Great Transition | Scoop.it
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.

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Is there an optimal degree of sustainability?

Is there an optimal degree of sustainability? | The Great Transition | Scoop.it

Very interesting essay on the Ethical Corporation website looking at trade-offs when companies move to more corporate sustainability.

 

The essay concludes that there is indeed an optimal level of sustainability for companies but that in the future this level will be increasing.

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Compensation and the Myth of the Corporate Superstar

Compensation and the Myth of the Corporate Superstar | The Great Transition | Scoop.it
The public is up in arms about some of the big bonuses being paid to the CEOs of big bailed-out banks.

 

Very good article on Harvard Business Review blog with striking conclusion: "The notion of the superstar CEO has been a fixture of business life for at least two decades and it is at the heart of the compensation problem that continues to vex the public. It's time we consigned the myth to the dustbin."

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Commission’s “responsible business” package remains stuck in old concepts

Commission’s “responsible business” package remains stuck in old concepts | The Great Transition | Scoop.it

"The European Commission presented on 25 October a package of measures to support social entrepreneurship, reduce red tape for small businesses and make the extracting and logging industry more transparent in its reporting of activities with foreign governments."

 

Read my critical evaluation of the EU's new proposals on CSR and social businesses.

 

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