Business as an Agent of World Benefit
29.3K views | +2 today
Follow
 
Scooped by David Cooperrider & Audrey Selian
onto Business as an Agent of World Benefit
Scoop.it!

What is a "Positive Institution"? 

Can global capital markets become catalysts for social change? According to investment expert Audrey Choi, individuals own almost half of all globa
David Cooperrider & Audrey Selian 's insight:
What is a positive institution? In previous articles Lindsey Godwin and I have defined positive institutions, theoretically, by building upon the conceptual lens of the positive psychology of human strengths (see https://www.viacharacter.org/www/). Can we design and work with institutions not as clients but as "the change agents" to magnify our highest human strengths  outward into the world as a force for world benefit? How about designing institutions for magnifying the human character strength of wisdom into the world? Or the human strengths of courage, social intelligence, love, sense of humanity, or curiosity and love of learning? Instead of running away from big institutions shouldn't we all be running toward them--if our goal is to build a better world in our society of organizations? Positive institutions are, as we define them, "organizations and structured practices in culture or society that serve to elevate and develop our highest human strengths, combine and magnify those strengths, and refract our highest strengths outward in world benefiting ways leading, ultimately, to a world of full-spectrum flourishing. (Cooperrider and Godwin, 2014)"  

Now, for the logical stretch--how about the $290 trillion dollars in our global capital markets--as a prime time example of the concept of positive institutions? Just as tankers leave big wakes in the ocean, might global capital markets, as an institution, become one of the most positive forces for good on the planet? And how might we make it so? 

Can global capital markets become the institutional catalysts for positive social elevation of human strengths? According to Morgan Stanley investment expert Audrey Choi, individuals own almost half of all global capital, giving them (us!) the power to make a difference by investing in companies that champion social values and sustainability. 

"We have more opportunity today than ever before to make choices," she says. "So change your perspective. Invest in the change you want to see in the world."  And watch this articulate video.   
more...
No comment yet.
Business as an Agent of World Benefit
Sustainable design; green economy; csr; sustainable development; Business as an Agent of World Benefit; Appreciative Inquiry; David Cooperrider; CSR
Your new post is loading...
Your new post is loading...
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

ChargePoint Plans To Install 2.5 Million EV Chargers In Next 7 Years

ChargePoint Plans To Install 2.5 Million EV Chargers In Next 7 Years | Business as an Agent of World Benefit | Scoop.it
In his mind, 2.5 million seems like a better number. At the global climate conference in San Francisco last week, ChargePoint announced it intends to add 50 times more chargers to its network within the next 7 years — a truly monumental task.

“Our commitment to deploy 2.5 million charging spots by 2025 comes as the company embarks on the most significant period of growth in our history and in the midst of a revolution in transportation,” says Romano. “The time for transformative change is now and broadly distributed, substantial, and immediate investments in charging infrastructure are necessary to usher in the future of e-mobility.

“One hundred percent of what we do is focused on developing technology that enables cleaner transportation, and ChargePoint is proud to play a critical role in facilitating the transition to electric mobility, and supporting the Summit’s mission to reduce greenhouse gas emissions worldwide.”
David Cooperrider & Audrey Selian 's insight:
“Find a need and fill it,” is perhaps the bedrock principle of capitalism. How to fill it, though, is often a matter of some debate. In 2012, there were about 11 EV chargers in America. Elon Musk and his band of merry pranksters looked out from the confines of Silicon Valley and decided the best way to support their dream of an electric car in every driveway was to build their own charging network. Voila! There are now 1,342 Supercharger locations worldwide with a total of 11,013 charging stations in all.
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

The Findings of This Massive Global Social Entrepreneurship Study Will Surprise You

The Findings of This Massive Global Social Entrepreneurship Study Will Surprise You | Business as an Agent of World Benefit | Scoop.it
Social entrepreneurs not only focus on what goes into their pockets, but also on how they can use their platform to give back. In fact, about 52 percent of those included in the survey reinvested profits into social initiatives. In the U.S., many socially focused companies, such as Yoobi and Toms, have become household names. But trend trickles down to smaller economies. The study goes on to explain how the social entrepreneurship trend transcends education level in many regions.

"Social entrepreneurship is about people starting any initiative that has a social, environmental or community objective," says Siri Terjesen, a professor at American University who co-authored the report, in a press release. "It could be students who are starting a product that's based on recycled materials, or a group working to find a solution to irrigation problems in their neighborhood."
David Cooperrider & Audrey Selian 's insight:
People across cultures, demographics and continents believe business is about more than making a profit -- it’s about doing good for others--it's about business as a force for good. 

That’s according to a new report released by the Global Entrepreneurship Monitor (GEM) assessing social entrepreneurship worldwide, where social entrepreneurship is defined as any business that has a social betterment, environmental betterment, or community betterment mission. 
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

A Direct Economic Gain of US$26 Trillion Because of Bold Leadership Across the Climate Spectrum 

A Direct Economic Gain of US$26 Trillion Because of Bold Leadership Across the Climate Spectrum  | Business as an Agent of World Benefit | Scoop.it
The New Climate Economy Report shows how countries at all levels of income can achieve economic growth while combating climate change
David Cooperrider & Audrey Selian 's insight:
We are on the cusp of a new economic era: one where good growth is driven by the interaction between rapid technological innovation, sustainable infrastructure investment, increased resource productivity, radical transparency across markets, and where "thick value" is better than "thin value." 

This is the epic growth story of the 21st century according to this new report of The Global Commission on Climate and Economy. 

See https://newclimateeconomy.report/2018/

The next 10-15 years are a unique ‘use it or lose it’ moment in economic history. We expect to invest about US$90 trillion in infrastructure to 2030, more than the total current stock. Ensuring that this infrastructure is sustainable will be a critical determinant of future growth and prosperity. The next 10-15 years are also essential in terms of climate: unless we make a decisive shift, by 2030 we will pass the point by which we can keep global average temperature rise to well below 2oC. We know that we are grossly under-estimating the benefits of this new growth story. Current economic models are deeply inadequate in capturing the opportunities of such a transformational shift

The growth story--the innovation and entrepreneurship opportunity-- of the 21st century can unlock unprecedented opportunities of a strong, sustainable, inclusive economy. According to this new report the innovation-generating benefits of climate action are greater than ever before, while the costs of inaction continue to mount. The new climate economy combined with the 4th industrial revolution capabilities. While recognising the shortcomings of current economic models, analysis produced for this Report found that bold action could yield a direct economic gain of US$26 trillion through to 2030 compared with business-as-usual. And this is likely to be a conservative estimate.

The opportunity is to accelerate the transition to a better, more inclusive, new climate economy in five key economic systems: energy, cities, food and land use, water, and industry.

Our economies are the heirs of the first industrial revolution, driven by the use of hydrocarbons. The coming industrial transformation must take us beyond the era of fossil fuels and develop sustainable solutions to feed, house, and provide access to clean water, employment, and industrial goods to 10 billion people by 2050. All of this will drive the biggest change in business history. What's coming is the corporation of the future: its based on shared value strategy; it is multi-stakeholder intimate; it is radically dematerializing and decentralized; it is shifting from "goods" to "betters" where differentiation goes to the company that is most making a difference; and it is agile, radically (in blue ocean ways) transcendent; and its win-win-win in its intention.  
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

An Entrepreneur On A Mission To Help Americans Discover Superfood Moringa

An Entrepreneur On A Mission To Help Americans Discover Superfood Moringa | Business as an Agent of World Benefit | Scoop.it
Lisa Curtis is the Founder & CEO of Kuli Kuli, a food brand pioneering a new superfood called moringa. Curtis began working on Kuli Kuli while serving in the Peace Corps, a company that has grown to a multi-million dollar social enterprise with products in 6,000 stores. She shares her story here
David Cooperrider & Audrey Selian 's insight:
When you have a purpose in life, business becomes a joy and this entrepreneur models it. 

Lisa Curtis believes that champions aren't made in gyms. Champions are made from something they have deep inside them--a desire, a dream, a vision of betterment. 

Read on to see this young leader's new multi-million dollar enterprise, now with products in 6,000 stores. And it all happened because of an attentive, alert, and opportunity focused inspiration she had when she was a peace corps volunteer. She has a strengths, what we call Appreciative Intelligence. Tojo Thanchekery defines this kind of "AI" as the ability to see the mighty oak in an acorn. In this case Lisa could see big future business possibilities in moringa, now seen as a superfood, to advance health and well-being, in ways that create quantitative value + qualitative value, a formula for deep value.     

more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

Techstars Sustainability Accelerator: 10 Start-Ups Driving Innovation For The Planet

Techstars Sustainability Accelerator: 10 Start-Ups Driving Innovation For The Planet | Business as an Agent of World Benefit | Scoop.it

The first tech accelerator for sustainability aims to demonstrate that there is a viable market for technology companies focused on solving big global challenges—and the time to invest is now.

David Cooperrider & Audrey Selian 's insight:
The Techstars Sustainability Accelerator, in partnership with The Nature Conservancy, will ensure that businesses innovate to make the world a better place to live. Techstars and The Nature Conservancy are seeking for-profit entrepreneurs with commercially viable technologies that can rapidly scale to help sustainably provide food and water and address global issues like climate change. So much of the solution lies in transitioning away from the “dinosaur economy” that relies on rampant consumption of resources and is powered by fossil fuels, and instead pushing for economies that use sustainable materials and run on renewables. The Accelerator aims to scale up start-ups with disruptive, commercially viable technologies that can help solve the world’s food, water, energy, and climate challenges. Here are some of the recent examples. It’s an impressive group: 

-- Aqulytics is a data collaboration platform for the sustainable management of water. 

--Conserve With Us is an online conservation fundraising and engagement platform that makes it easy for individuals and businesses to find and support conservation projects that matter to them. 

--FlyWire’s patented video technology provides fishers and managers with the tools they need to effectively assess and certify their fisheries are operating sustainably. Lotic Labs is an environmental data science platform to drive financial stability in the water sector in the face of climate change and weather volatility. 

-- Nikola Power provides solutions and services to drive down the cost and increase the ease of implementing and managing energy storage. 

-- Node is a technology platform that allows 4 people—without any special skills—to assemble a radically sustainable house in under a month, at 50% of the cost and 25% of the time. 

--StormSensor is creating the world’s first smart urban watersheds by providing customers the information they need to identify, track, predict and prevent pollution and flooding in real time. 

--Sustain is a B2B software platform that incentivizes and rewards employees to reduce the amount of core utilities they consume. This Fish is a global provider of seafood traceability software that improves business efficiency and increases trust and transparency in seafood supply chains. 

--WatchTower Robotics provides patented technology that allows municipal water companies to find leaking pipes, save water and protect infrastructure.

 It’s encouraging to see entrepreneurs increasingly looking for ways to help save the planet. This is next gen business. This is not just "in search of excellence" but it's about a deeper form of value creation--it blends both quantitative value and qualitative value (betterment.)  Think about the role that technology has played in transforming entire industries such as finance, healthcare, and transportation. 

Now imagine those kinds of breakthroughs in addressing pressing environmental and social issues. 
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

Change the World List: How to Be a Changemaking Leader

Change the World List: How to Be a Changemaking Leader | Business as an Agent of World Benefit | Scoop.it
Bobbi Silten of the Shared Value Initiative writes about the strengths that define leaders of companies on Fortune's Change the World list.
David Cooperrider & Audrey Selian 's insight:
In an article published by Fortune's Bobbi Silten-- the annual "Change the World" list--  highlights 57 companies that are reinventing their social purpose with a new understanding of the relationship between business and society. Since the list launched in 2015, we continue  to be inspired by business leaders around the world who look at the ever-growing list of global challenges and say, “we can do things differently.” 

Industry leading stars are often the first to serve the social good by ambitiously pursuing their business objectives; indeed, such efforts can be a boon to their operations, and ultimately to shareholders as well.  For example think of the debilitating impact of plastics flooding our oceans. It is now believed that there are 5.25 trillion pieces of plastic debris in the ocean. Of that mass, 269,000 tons float on the surface, while some four billion plastic microfibers per square kilometer litter the deep sea. Over 100 million marine animals are killed each year due to plastic debris in the ocean. So Adidas sees this devastation. It asks "how might we bring our strengths as a business to this challenge?" Should we throw philanthropic dollars at this? Maybe. But how about enlightened self interest? How about good business and business for good? Could this create collaborative advantage and industry leadership? These are great questions. Adidas, is now recovering plastic from the oceans and converting them into chic $200 shoes. (Hey, it’s a business.) And that stock, by the way, is up an annualized 44% over the past three years running.


Hilton too, with its concern for ecosystems, has shaved a billion dollars in costs over the past decade by reducing its energy and water waste. The fast-expanding hotel chain now generates 30% less carbon emissions on a square-foot basis than it did in 2008, thanks to its aggressive sustainability program. Hilton shareholders, it’s worth noting, have gotten an upgrade too. The stock is up 23% over the past year compared with the S&P 500’s gain of 16%, and shares have outpaced the market since Hilton’s IPO in 2013.

 Now in its fourth year, the Fortune Change the World list celebrates the changemakers—these pioneering business leaders look at social and global issues issues as strategically material to their long-term success and they say, “Think bold: Innovate. Lead the revolution. We can do things differently.” They’ve embarked on a strategic shift towards shared value, a smarter business model that reimagines the way companies build new markets, innovate, create distinction, and contribute to a thriving society and planet. 


more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

Corporations Already Purchased Record Clean Energy Volumes in 2018, and It's Not an Anomaly

Corporations Already Purchased Record Clean Energy Volumes in 2018, and It's Not an Anomaly | Business as an Agent of World Benefit | Scoop.it
But activity would not approach current levels if there were no opportunity for long-term savings. PV module costs are down 84% globally since 2010, while wind turbine costs are down 32% over the same period,
David Cooperrider & Audrey Selian 's insight:
A new report from Bloomberg shows that corporations have already purchased 7.2GW of clean energy globally in 2018 through July, shattering the previous record of 5.4GW for the whole of 2017. Companies have now signed long-term contracts to purchase solar and wind in 28 markets, and the number of industries involved in clean energy purchasing continues to grow. The United States and Nordics have made up just under 80% of corporate procurement activity in 2018. In the U.S., companies have grown more comfortable with the virtual PPA model, serving as the offtaker on several projects, but smaller companies are also increasingly pooling their electricity demand together to access the economies of scale achieved through larger solar and wind projects, known as aggregation. In the Nordics – a market with a prevalence of corporations with high electricity demand and sustainability objectives – companies are attracted to strong wind resources and the Nordpool power market, which allows for electricity to be bought, delivered and sold between Sweden and Norway. Technology companies are the biggest buyers of clean energy, purchasing 1.8GW so far in 2018. Facebook has been the biggest corporate buyer this year, working with regulated utilities in the U.S. and signing a wind PPA in Norway to bring its total clean energy purchases to 1.1GW in 2018.

Bloomberg forecasts that the current 140 signatories of the RE100 (a pledge to offset 100% of electricity demand with renewables) will need to purchase an additional 197TWh of clean energy in 2030 to reach their targets. Were this shortfall to be met with long-term contracts for new solar and wind projects, it would lead to an additional 100GW of build – for context, this is slightly larger than California’s entire electricity grid today. 
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

Business as Agent for World Benefit: Stop Teaching and Start Engaging Says Professor Rimanoczy

Business as Agent for World Benefit: Stop Teaching and Start Engaging Says Professor Rimanoczy | Business as an Agent of World Benefit | Scoop.it
David Cooperrider & Audrey Selian 's insight:
Isabel Rimanoczy wrote a wonderful book for management school professors for teaching the idea of "business as an agent of world benefit." Her advice: "Stop Teaching" 

See her book at https://www.amazon.com/Stop-Teaching-Principles-Responsible-Management-ebook/dp/B01FRK749C/ref=sr_1_3?ie=UTF8&qid=1533314617&sr=8-3&keywords=Isabel+Rimanoczy

What she suggests in "Stop Teaching" is active engagement that turns students into the teachers, and she helped us create the Aim2Flourish platform that brings students face to face with the greatest innovators of our time--business Ceo's and entrepreneurs  building a better world through business innovation for shared, sustainable value creation. Do you want to stop teaching and start engaging your students--where they then become the teachers? Here is how:
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

Andrew Carnegie—A Fool for Peace--And We Need More Possibilists, not Realists

Andrew Carnegie—A Fool for Peace--And We Need More Possibilists, not Realists | Business as an Agent of World Benefit | Scoop.it

The steel magnate left the world of business to chase his utopian vision of a world without war. His palaces of peace, certainly at The Hague, are living monuments to his dream. So, too, the Carnegie Endowment for Peace. Have these institutions brought peace on earth? Of course not. But have they kept alive a dream; have they contributed to the promotion of peace? For sure.

David Cooperrider & Audrey Selian 's insight:
How did a tough business person like Andrew Carnegie become a pacifist? Author and historian David Nasaw, who specializes in early 20th-century American social and cultural history, is a professor of history at the Graduate Center of the City University of New York. His book on Andrew Carnegie (2006) was nominated for the Pulitzer Prize. What's of interest to this column is how business leaders have and are increasingly creating conditions for peace.  Carnegie saw war as backward, barbaric, outmoded--and on its way to becoming obsolete. There had to be a better way to settle disputes between nations—which, for Carnegie, was arbitration. Carnegie pledged himself to hasten war’s extinction. His belief was that every institution can be replaced--and the institution of war was one of those things that could go the way of the dinosaur. Carnegie refused to give up. He was a utopian, a visionary. According to the historian, Carnegie was very much a “fool for peace.” His legacy is the notion that civilized people should not consider war inevitable but, rather, an "aberration to be abolished." He was a “possibilist,” not a realist. We need more such leadership, leaders willing to dream of a better world and to do what they can to bridge the gap between the present and that better future they envision. Andrew Carnegie’s dreams of a world without war are as relevant today, perhaps more so, than they were a century ago. Has the Carnegie dream and Carnegie Endowment for Peace  brought peace on earth? Of course not--but the progress we've seen since world war II must be better understood, and celebrated more widely. Neil Halloran has created an astonishing visualization of progress--everyone should see it and over 4 million have--especially the way it ends. Click here: https://vimeo.com/128373915

more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

Think Differently: The Shifting Landscape of Value for Emerging Brands and Successful ICOs

Think Differently: The Shifting Landscape of Value for Emerging Brands and Successful ICOs | Business as an Agent of World Benefit | Scoop.it
But what role do values and operationalizing the creation of shared value play for the emerging entrepreneur, for whom it can be a matter of business life-or-death if funds aren’t quickly raised and partners don’t come alongside to support their urgent growth? Is there a role for social impact as an entrepreneur or ICO leader?
David Cooperrider & Audrey Selian 's insight:
The social impact perspective is helping young startups attract investments, customer intimacy, and innovation. Kendra Bracken-Ferguson, Chief Digital Officer at CAA – GBG, and Founder of Braintrust, points out: “Every single brand has a responsibility to be part of a conversation that affects this country (and our world) because brands control the money and the advertising. They control the narratives that people see. I think it is the responsibility for brands to figure out the values based expectations and hopes of all stakeholders. 
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

General Mills Utilizes the UN 17 Global Goals as ‘Common Language’ for Global Sustainability Initiatives

General Mills Utilizes the UN 17 Global Goals as ‘Common Language’ for Global Sustainability Initiatives | Business as an Agent of World Benefit | Scoop.it
“We really see the SDGs as providing an important global framework to create alignment and communicate on sustainability imperatives,” said Serena Pal, General Mills’ manager of reporting, rating and rankings. “We feel like each company’s approach can be a little different, and it really depends on where you are in your sustainability journey.”
David Cooperrider & Audrey Selian 's insight:
Increasingly, industry leading stars wishing to "do good, do well" are aligning their positive business impact goals with those of the world via the 17 global goals. General Mills has a market cap of over $26 billion dollars and is showing how business is emerging as an agent of world benefit. Managers are best when they have goals. That's when they get creative. Their core question becomes a design question: "How might we....address global issues in a way that drives business innovation and inspiration?   Of the 17 global goals established by the U.N., General Mills has focused in on five: SDG 2, Zero Hunger; SDG 3, Good Health and Well-Being; SDG 6, Clean Water and Sanitation; SDG 13, Climate Action; and SDG 15, Life on Land. Speaking during last week’s 3BL webinar titled “General Mills’ Sustainability Journey and SDGs: Connecting the Dots,”Pal explained that these five goals aligned well with existing sustainability initiatives that the corporation had started years before. Since 2016, General Mills has furthered these initiatives by setting ambitious environmental goals, such as sustainably sourcing its top-10 ingredients by 2020, reducing GHG emissions up to 72 percent by 2050, and developing a water stewardship program with local partners in eight “priority watersheds,” according to the company’s 2018 global responsibility report.
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

How Marketers Can Connect Profit and Purpose

How Marketers Can Connect Profit and Purpose | Business as an Agent of World Benefit | Scoop.it
Purpose is not just philanthropy; it is a source of competitive advantage. Porter and Kramer emphasized the external market opportunity of creating social impact. One of the key findings of our conversations was how purpose created advantage internally by aligning and energizing the organization.
David Cooperrider & Audrey Selian 's insight:
It takes time for a big idea to make its way into business practice. Ten years ago Chris Laszlo wrote the book "Sustainable Value" the idea that value is created in the eyes of both stakeholders (all kinds of key societal stakeholders) and shareholders--and that when value creation is high on both the stakeholder and shareholder dimensions that's where we will find the strongest companies heading.  Six years ago, Harvard’s Michael Porter and FSG’s Mark Kramer then made the bold statement that "shared value" — the idea that the purpose of a company is to achieve both shareholder profit and social purpose — would “reinvent capitalism.” They encouraged companies to go beyond CSR (corporate social responsibility) and integrate social impact into companies’ competitive strategy. And years earlier Peter Drucker emphasized the business innovation imperative of doing good and doing well when he said to me in an interview I did with him that "every social and global issue of our day is a business opportunity in disguise." The key here is that through imagination and high purpose there are ways for business to go beyond the great tradeoff illusion--doing good is the largest pathway imaginable for doing well. 
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

Sweden set to reach renewables target 12 years ahead of schedule

Sweden set to reach renewables target 12 years ahead of schedule | Business as an Agent of World Benefit | Scoop.it
Sweden is on track to meet its 2030 renewable energy target late this year, 12 years ahead of schedule, a new report indicates.
David Cooperrider & Audrey Selian 's insight:
From families being separated on the US border to the sadness of school shootings, the past  months have seen their share of bad news. But from action on plastic waste to the growth of the idea of "business as an agent of world benefit" there have been many positive developments too. See the world from a different angle, says this issue of positive news. For example, did you know that Sweden's passion for clean energy has it on track to reach its renewables target 12 years ahead of schedule? Swedish utility companies and power generators have already installed so many wind turbines that the Nordic nation is on course to reach its 2030 renewable energy target by December! Between the good economics of renewables technologies (prices per Kw are plummeting)  + the entrepreneurial skills of good business + a nation with a purpose-driven strategy with vision you have a formula that can be a model everywhere. Yes the debates are heavy, but there are signs of consensus emerging not just on the "ends" but also on the "means." See these emerging areas of alignment: 


And where the means and ends of change are increasingly aligned, big change can happen fast.   
more...
Pat Heffernan's curator insight, July 7, 12:50 PM

One more reason to add Sweden to my next trip > and to yearn for a practical, coordinated effort in Vermont and US.

Scooped by David Cooperrider & Audrey Selian
Scoop.it!

How to Attract the Betterment Focused Investor

How to Attract the Betterment Focused Investor | Business as an Agent of World Benefit | Scoop.it
What's key to winning the support of this growing investment audience is the crafting of a business strategy that incorporates social causes. How to start? I recommend going with the social causes you already care about. This can be win-win-win situation for you, your backers and the global community, and can produce rewards that go way beyond the balance sheet.
David Cooperrider & Audrey Selian 's insight:
Impact investing is growing rapidly and we can expect this trajectory and growth in impact investing to expand way beyond its $100 billion in assets today. Now that the third wave of conscious capitalism has broken--moving from the defensive risk avoidance phase, to the sustainability phase, and now to the net positive impact phase--  stockholders are actively seeking investments that benefit both their portfolio and the planet, fueled by a desire to give back and the ease of the latest reporting technology. Companies wanting to ride the next swell need to take into account how their business models affect the world. Build this thinking into your organization’s DNA and showcase the difference you’re making -- today’s investors will be more than willing to back you.
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

Making the Sustainability Business Case: Why MBA Grads are Wanting to Become Part of Firms Such as Accenture

Making the Sustainability Business Case: Why MBA Grads are Wanting to Become Part of Firms Such as Accenture | Business as an Agent of World Benefit | Scoop.it
During this broadcast, Adam Cooper, Senior Manager, Global Strategy and Sustainability Practice at Accenture will outline a step-by-step approach for making the link between sustainability and financial performance, showing how to strengthen your sustainability business case share how to leverage risk management to improve your EHS performance. Patrick Browne, Corporate Sustainability Program Manager at UPS, will share the best practices he has experienced with his work at UPS and Tom Hazeldine, Product Manager at Enablon will describe the tools and technologies available and provide case studies that highlight best practices. Joel Makower, Executive Editor at GreenBiz Group will moderate the session.
David Cooperrider & Audrey Selian 's insight:
An Accenture global CEO survey a few years ago predicted a tipping point in sustainable value--as a C-suite strategic imperative. Now their consulting practice in this arena is thriving. Accenture Sustainability Services helps business achieve substantial improvement in performance and value by adopting and integrating new and innovative ways of working that continually balance positive economic, environmental and social impact. From strategy design to execution, Accenture works across industries and geographies to create new growth opportunities, generate greater efficiencies, drive resource and energy optimization, lower costs,enhance differentiation and, ultimately, grow the perceived value in the eyes of stakeholders, from customers to communities and nature itself. For our MBA students interested in firms such as Accenture, here is a broadcast by Adam Cooper, senior manager of Global Strategy and Sustainability at Accenture, along with several other CEO's sharing the strong and growing business case for "doing good and doing well."  
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

Global warming could be in reverse by 2050: Project Drawdown Is Solutions Focused and Systemic

Global warming could be in reverse by 2050: Project Drawdown Is Solutions Focused and Systemic | Business as an Agent of World Benefit | Scoop.it
All the solutions have multiple cascading benefits. For example, regenerative agriculture leads to soil regeneration, better water retention and so on, but also sequesters carbon as an added benefit.’
David Cooperrider & Audrey Selian 's insight:
We could get to the stage where atmospheric greenhouse gases are in decline – a point known as drawdown – and begin to reverse global warming before 2050, but it will require us adopting solutions at an aggressive rate, according to Chad Frischmann, vice-president and research director of Project Drawdown. Project Drawdown--the brainchild of Paul Hawken-- is a worldwide research and communications initiative with a plan to reverse global warming based on 100 existing and emerging solutions. 
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

What Is Disruptive Sustainable Technology?

What Is Disruptive Sustainable Technology? | Business as an Agent of World Benefit | Scoop.it
Disruptive sustainable technologies are those that change the sustainability algorithm. For example, when batteries, sun, wind, LPG and others work together in harmony to deliver the best alternative at the time when it is most efficient.
David Cooperrider & Audrey Selian 's insight:
Being best for the world requires tremendous business skill. One new arena for mastery--business mastery--is at the intersection of disruptive technologies and sustainable value opportunities, often large ones. Think for example about the alignment of artificial intelligence, solar, industrial scale battery storage, and new digital marketing platforms.  Disruptive sustainable technologies are those that change the sustainability algorithm and eclipse the old. Too often we think in terms of isolated disruptive innovations, yet the future requires systemic thinking. For example, when batteries, sun, wind, LPG and others work together in harmony to deliver the best alternative at the time when it is most efficient--this might be the convergence needed to create breakthrough value.   
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

Are B Corps An Elite Charade For Changing The World?

Are B Corps An Elite Charade For Changing The World? | Business as an Agent of World Benefit | Scoop.it

Our vision is that one day all companies will compete to be best for the world -- best for workers, best for communities, and best for the environment. 

David Cooperrider & Audrey Selian 's insight:
Our vision is that one day all companies will compete to be best for the world -- best for workers, best for communities, and best for the environment. 

These are the words of Jay Cohen Gilbert, Co-founder of B Lab. The actions of B Corps address the fundamental design flaw in our economic system— as Gilbert describes it as shareholder primacy. Shareholder primacy is the legal principle that states the purpose of the corporation is to maximize profits for shareholders by any legal means necessary, even if doing so harms people, communities and the natural environment on which all life depends.  

B Corps legal forms go far beyond shareholder primacy. By requiring directors to combine the value creating the interests of shareholders with the value created and experienced by  workers, customers, communities and the environment. B Corps fundamentally--in their legal charter-- shift power structures and the legal system which reinforces them. B-Corps fundamentally serves to change the rules of the game. 
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

How to make a profit while making a difference | Audrey Choi 

Can global capital markets become catalysts for social change? According to investment expert Audrey Choi, individuals own almost half of all global capital, giving them (us!) the power to make a difference by investing in companies that champion social values and sustainability. "We have more opportunity today than ever before to make choices," she says. "So change your perspective. Invest in the change you want to see in the world."


TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more.
Find closed captions and translated subtitles in many languages at http://www.ted.com/translate

Follow TED news on Twitter: http://www.twitter.com/tednews
Like TED on Facebook: https://www.facebook.com/TED

Subscribe to our channel: http://www.youtube.com/user/TEDtalksD...
SHOW MORE
David Cooperrider & Audrey Selian 's insight:
What is a positive institution? In previous articles Lindsey Godwin and I have defined positive institutions, theoretically, by building upon the conceptual lens of the positive psychology of human strengths (see https://www.viacharacter.org/www/). Can we design and work with institutions not as clients but as “the change agents” to magnify our highest human strengths outward into the world as a force for world benefit? How about designing institutions for magnifying the human character strength of wisdom into the world? Or the human strengths of courage, social intelligence, love, sense of humanity, or curiosity and love of learning? Instead of running away from big institutions shouldn’t we all be running toward them–if our goal is to build a better world in our society of organizations? Positive institutions are, as we define them, “organizations and structured practices in culture or society that serve to elevate and develop our highest human strengths, combine and magnify those strengths, and refract our highest strengths outward in world benefiting ways leading, ultimately, to a world of full-spectrum flourishing. (Cooperrider and Godwin, 2014)” Now, for the logical stretch–how about the $290 trillion dollars in our global capital markets. Just as tankers leave big wakes in the ocean, might global capital markets, as an institution, become one of the most positive forces for good on the planet? And how might we make it so? Can global capital markets become the institutional catalysts for positive social elevation of human strengths? According to Morgan Stanley investment expert Audrey Choi, individuals own almost half of all global capital, giving them (us!) the power to make a difference by investing in companies that champion social values and sustainability. “We have more opportunity today than ever before to make choices,” she says. “So change your perspective. Invest in the change you want to see in the world.” And watch this articulate video.
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

8 Characteristics of Disruptive Leaders

8 Characteristics of Disruptive Leaders | Business as an Agent of World Benefit | Scoop.it
David Cooperrider & Audrey Selian 's insight:
Disruptive leaders like Jeff Bezos and Elon Musk have transformed companies, industries and entire societies while generating incredible wealth for themselves, their investors, their employees, as well as millions of other people,” says business disruption author John Furth. 

See Furth's book on such leaders at:  


1. They are “brainiacs.” While some well-known business disruptors never finished college, many received PhDs from the highest-ranked universities in the world. But they all have the same commitment to lifelong learning. 2. They often push accepted behavioral, cultural, legal, and ethical boundaries to the limit. Unfortunately, if some of their more extreme tendencies aren’t reined in properly, they can quickly destroy everything they and their team worked hard to build. 

3. They’ve learned how to disrupt their own frames of reference and unproductive mindsets. This helps them increase their focus, ability to innovate, and to stay one step ahead of would-be competitors. Disruptive leaders expect and often demand their teams to think and act in the same way. 

 4. They look for information, insights, and inspiration in unexpected places. They recognize that the usual or “traditional” sources of data are by nature backward-looking and hence of limited value in a world that is being re-created. Great disruptors ask excellent questions and listen carefully to the answers because they never know when someone else might have an insight that could be useful to them and the business. 

 5. Their businesses – regardless of whether they are B2C or B2B – deliver on at least one of three fundamental value propositions: Provide goods, services and experiences that were previously only available to the most privileged members of society to a much larger percentage of the population more easily and affordably. Give customers what they want, when they want it and how they want it. Eliminate or reduce the things in people’s everyday lives they don’t want, from everyday annoyances like wasted time, boredom, complexity or unhappiness as well as life-threatening situations like poverty and disease. 

6. They understand that disrupting an existing eco-system or process on a regional or even global scale can cause significant short-term negative consequences. Entrenched and inflexible companies are driven out of business, and many individual careers are adversely affected. However, the value created for billions of people far outweighs such negative incidents. 

 7. At some point they learn the ultimate paradox of disruption: “more stays the same than changes.” Like all successful companies, disruptive enterprises have to have the funding necessary to execute their plans, the right people doing the right jobs and the wherewithal and commitment to push through many breakdowns and hurdles. 

 8. They generate unimaginable wealth for themselves, their investors, their employees, and others connected to their companies.
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

 Business & Sustainable Development Commission--the $12 Trillion Dollar Blue Ocean Strategy Opportunity

 Business & Sustainable Development Commission--the $12 Trillion Dollar Blue Ocean Strategy Opportunity | Business as an Agent of World Benefit | Scoop.it
Sustainable development presents an enormous opportunity—if business can understand economic, social, and environmental challenges as future value drivers.
David Cooperrider & Audrey Selian 's insight:
Reports such as one published recently by the Business and Sustainable Development Commission, show that sustainable business is an untapped $12 trillion opportunity, making sustainability the most lucrative business sector there is. 

Increasingly, it is becoming part of the mainstream investment agenda, with negative yielding assets in the West slowly being swapped for high-potential growth assets in the South. Both policymakers and institutions are realizing that investment into and equitable collaboration with low-income, high-growth countries is key to achieving a thriving global economy and reducing inequality in their home countries.
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

Bringing the Human Spirit to Business Leadership-- Peer-Reviewed Academic Articles 

Bringing the Human Spirit to Business Leadership-- Peer-Reviewed Academic Articles  | Business as an Agent of World Benefit | Scoop.it
Historically, both Socrates and the wisdom traditions spoke to the human condition and to human development. Now, business leaders and organizations are picking up the mantle. This is very encouraging progress in a troubled world with the need for next level consciousness and a new generation of leadership. Business may have found a new role to play in society.
David Cooperrider & Audrey Selian 's insight:
The premise of this column is that business is and can increasingly become the most positive force on the planet for world betterment. When we track the history of business and human well-being there are amazing trajectories--long arcs of truly incredible progress. Its helpful to pause and take it in once in a while. For example:

1. In the early days of the industrial revolution in 1820 some 90% of the world’s population lived in extreme poverty. By 2020 that number will read in the exact opposite way where 90% will never experience one day of extreme poverty. After thousands of generations, extreme poverty is pretty much disappearing on our watch.  

2. When was the greatest surge? In 1993 almost 2-billion people lived on less than $1.25 per day, that is, in extreme poverty. By 2011 that number was cut in half. We are on a track, by 2030, where extreme poverty will be less than 5% of people. This is the most important fact about wellbeing in the world since World War II. 

3. Every day, the number of people around the world living in extreme poverty goes down by 217,000. Every day, another 300,000 people worldwide get their first access to electricity, and 285,000 to clean water.  

4. The health implications of epic progress moments like this are of course also enormous. In the mid 18th century, life expectancy in Europe and the Americas was around 35, where it had been parked for the 225 previous years for which we have data. Life expectancy, for the world as a whole was 29. Today in countries such as Japan, UK, Germany and many more, life expectancy is past 80, and the rise in life expectancy worldwide shows no signs of slowing down. 

5. In the early days of the industrial revolution 4 out of 5 people (80%) did not receive formal education. Today we are witnessing another complete reversal. Today over 90% of the world’s school age children are in school.

 But is this just a prelude? This article points to a consciousness revolution. It invites us to think about the power of spirituality, the whole human being, and our invisible threads of connection that literally helps us tap the power of the heart.  

Humankind has indeed done amazing things through good business even though most organizations are pretty uninspired compared, let’s say, to the spiritually inspired Gandhian transformation in India or Martin Luther King’s movement for civil rights. So Imagine what we can achieve, if we can unite spiritual power---meaning, significance, unlimited love, passionate engagement, reverence for life and appreciation of the mystery and gift of life on this planet—with business innovation for the greater good. 



 


more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

ComCapp, Green Mountain Energy Announce Sustainability Partnership to Power Communities with Rooftop Solar and 100% Renewable Electricity 

ComCapp, Green Mountain Energy Announce Sustainability Partnership to Power Communities with Rooftop Solar and 100% Renewable Electricity  | Business as an Agent of World Benefit | Scoop.it
ComCapp, Green Mountain Energy Announce Sustainability Partnership to Power Communities with Rooftop Solar and 100% Renewable Electricity
David Cooperrider & Audrey Selian 's insight:
Its exciting to see the power of public private partnerships and these advance systemic level changes. BAWB can multiply strengths and build better business success through these kinds of partnerships. “By partnering with Green Mountain, ComCapp is taking a big step in its commitment to sustainability,” said Rob Finney, president of ComCapp. “Adding onsite solar generation and switching to 100 percent renewable energy enables us to reduce our energy consumption and the environmental impact of our properties, which benefits our residents and the communities we serve.”
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

ClimateCare Is the Number One Ranked B Corp in the UK 

ClimateCare Is the Number One Ranked B Corp in the UK  | Business as an Agent of World Benefit | Scoop.it
Edward Hanrahan, CEO, ClimateCare says:

‘’As more and more businesses recognise the importance of focusing on Purpose as much as Profit, we are delighted to have achieved the highest score of any B Corp in the UK and to be acknowledged as Best for the World for the third year running.
David Cooperrider & Audrey Selian 's insight:
Focus on purpose + managerial effectiveness and then profits follow. This is the formula Peter Drucker proposed years ago and in today's transparent and high expectation world this formula is more critical than ever.  As consumers, potential workforce talent, and investors increasingly demand transparent, values aligned businesses to buy from, work at and invest in, companies need not just to be Best in the World, but Best for the World to be the most successful. ClimateCare epitomizes this profit for purpose approach, shares a spokesperson for the B corp movement, demonstrating positive impacts through its own operations and helping businesses take responsibility for their social and environmental impacts through innovative programs to cut carbon and improve lives. 
more...
No comment yet.
Scooped by David Cooperrider & Audrey Selian
Scoop.it!

Experimental Solar Road In Georgia Is Paving a New Way: "till all success is nobleness"

Experimental Solar Road In Georgia Is Paving a New Way: "till all success is nobleness" | Business as an Agent of World Benefit | Scoop.it
The Ray C. Anderson Memorial Highway offers a vision of how highways could look and function in the future. 
David Cooperrider & Audrey Selian 's insight:
The visionary Ray Anderson, former CEO of Interface Carpets, helped us design our 1st Global Forum For Business as an Agent of World Benefit at the Weatherhead School of Management. It was 2006 and it was a co-convening between Case Western Reserve University and the UN Global Compact. It was a proud moment for our school.  And Ray Anderson spoke about what drove him every single day in his quest to imagine a business as a net positive force for building a healthy planet and positive human flourishing. In his speech he spoke about "tomorrow's child" and he spoke about the state of the world and our shared historic task of making a massive transition from an unsustainable present to a sustainability+ future. "Will we be able to do it in time?" he asked us? His answer: “it will depend on a vast redesign of the system—one mind at a time, one community at a time, one industry at a time, one region at a time, one university at a time until the entire system has become a sustainable system.”

Today, if he were still living, Ray would need to add "and one highway at a time." The very first solar roadway in the U.S. debuted on an 18-mile stretch of I-85 in southwestern Georgia. It’s called the Ray C. Anderson Memorial Highway, and the asphalt is a living laboratory now known as The Ray — it offers a vision of how highways could look and function in the future. A small section of the roadway leading to the Visitor’s Center is paved with solar panels and serves as a testing ground for solar roadway technology. It also houses the state’s first solar-powered PV4EV (photovoltaic for electric vehicle) charging station, and that opens up the length of I-85 between the Alabama border and Atlanta to electric vehicles. In addition, this fall thousands of solar panels will line the roadside of the interstate, and Georgia will become the third state in the nation to pilot a so-called “right of way” solar farm. 

How many CEO's have built a  thriving company worth billions  created thousands of good jobs, and turned social and global issues into new sources of innovation, industry leadership, and inspiration for future generations? For that matter, how many have left us with a view of business as an agent of world benefit where fresh innovation continues to add to a legacy for years beyond--like I-85's living laboratory call The Ray. 

Every management student and young leader should read Ray's book "Confessions of a Radical."  For Ray, management was and is a noble profession and it made me remember a brief line in the song "America the Beautiful" that shares what Ray's life modeled: "till all success is nobleness." 
more...