State of Corporate Sustainability, GreenBiz Releases Latest Update -- Top Lines: (1) We are making progress and (2) There are still challenges

State of Corporate Sustainability, GreenBiz Releases Latest Update -- Top Lines: (1) We are making progress and (2) There are still challenges

It’s three-quarters of the way through the year 2018 – what is the state of the Sustainability Profession?  John Davies, writing in GreenBiz (he’s VP & Senior Analyst), shares some interesting highlights gained through the firm’s recent report with us this week.

Among the major themes:  (1) Companies large and small see advances – progress – more companies are communicating what they are doing.  (2) Serious concerns, challenges, barriers are still ahead (look at what is happening to the US SEC and the dismissal of sound science by policymakers).

The Greenbiz report on the state of the profession is always eagerly awaited (every-other-year) and the latest (the 2018 report) is available for you (the link is in the Top Story). 

GreenBiz presented results of its research on such items as gender pay equity trends; the embedding of the sustainability role(s) throughout the organization; more professionals coming in to the firm from outside vs. being promoted from within; and, the corporate sustainability programs becoming more sustainable.

There is also an interesting collection of news items we’ve selected for you that describes the range of activities within industries as companies of all sizes as the “corporate sustainability wave” gains momentum.  It’s below the Top Story for you.

This Week's Top Story

The State of the Sustainability Profession, 2018
(Tuesday - September 25, 2018) Source: GreenBiz - That’s a significant change from 2011, when the Governance & Accountability Institute found just under 20 percent of S&P 500 companies were publishing such reports. 

And we call your attention to:
Sustainable Brands Delivers Insight on How to Build Better Sustainability Metrics
(Friday - September 28, 2018) Source: Sustainable Brands - SAN FRANCISCO, September 26, 2018 – Sustainable Brands® reveals program, networking and activity highlights for its upcoming conference: New Metrics 2018. Nearly 400 business executives will convene October 29-31 at the Loews... 


Sustainability: Continuing Forward Momentum!
For Your Attention: Items From the The Editors' -- There is Much Good News to Share…

Corporate Managers, Tune In – Investors, Tune In – Sectors and Industries Are Acknowledging The Importance of Sustainability

Global Sustainability Performance in Business Ethics Picking Up, According to EcoVadis' Second Annual CSR Risk and Performance Index
(Thursday - September 27, 2018) Source: Markets Insider -EcoVadis, the world's most trusted provider of business sustainability ratings, has published the second annual edition of its Global CSR Risk and Performance Index. The report provides an updated look at the...

Business success rests on sustainability knowledge: Study
(Monday - September 24, 2018) Source: Architecture and Design - Sixty three per cent of respondents in the study reported that sustainability knowledge has become more important over the past twelve months, up 11 percentage points from last year…

The Changing Meaning of Sustainable
(Monday - September 24, 2018) Source: Furniture World - As the sustainability movement has evolved, consumer attitudes surrounding sustainability have changed. Recent research by the Sustainable Furnishings Council (SFC) suggests that home furnishings retailers and manufacturers now... 

Celebrities gather on Milan's 'Green Carpet' to promote sustainability
(Monday - September 24, 2018) Source: Reuters - MILAN - Italy’s fashion elite and celebrities such as film stars Cate Blanchett, Julianne Moore and Colin Firth gathered at a “green-carpet” event on Sunday at Milan’s fashion week to urge greater environmental sustainability in... 

Fast food versus slow food: A choice of ‘ethics and sustainability’
(Wednesday - September 26, 2018) Source: Food Navigator - The choice between ‘fast food’ and ‘slow food’ is a question of “ethics and sustainability”, European Commissioner for Health and Food Safety Vytenis Andriukaitis suggests. 

How the Field Museum accelerated sustainability
(Friday - September 28, 2018) Source: Greenbiz - In 2012, the Field accelerated its sustainability initiatives after partnering with Delta Institute, a Chicago-based nonprofit that works with communities to solve complex environmental challenges across the Midwest. Delta...

New SPE President Offers a Vision of Oil and Gas Sustainability
(Friday - September 28, 2018) Source: Journal of Petroleum Industry - “I want to create conversations not only on the current and future image of our industry and the pride our work deserves, but also in the context of the accountability and responsibility that this pride imposes,” he said. “We can...

Certification for Sustainability Professionals Provides Validation, Says ISSA
(Friday - September 28, 2018) Source: Environmental - IEHA has announced a new Sustainability Professional designation for those in the professional cleaning industry who are proven to drive internal sustainability programs and integrate with corporate sustainability management...

5 energy, environment and process firms tackling the biggest global problems
(Monday - September 24, 2018) Source: Professional Engineering - Faster trains. Cleaner air. Fresher food. Engineering firms are tackling some of the world’s biggest problems. 

And Other Items For You:

Creating a sustainable strategy for sustainability efforts
(Wednesday - September 26, 2018) Source: The Hill - Sustainability is very much in vogue today. Almost nine in 10 customers say they would consider buying a product because of a company’s sustainability efforts, but these same customers had no confidence in companies being... 

Losing faith in corporate Germany’s pledge of sustainability
(Wednesday - September 26, 2018) Source: Handelsblatt - Talking sustainability and being sustainable are two different things. Germany’s auto and power industries have shown they’re all talk, writes a senior Handelsblatt reporter.

Sustainability careers of the future require depth and breadth
(Thursday - September 27, 2018) Source: GreenBiz - Among the report’s notable findings — including that sustainability programs are themselves more sustainable, and that the field is achieving gender pay parity — I found two trends most compelling: As the field of sustainability... 

Does corporate responsibility really matter to graduates?
(Thursday - September 27, 2018) Source: Irish Times - Does corporate social responsibility (CSR) matter to graduates? According to 2017 studies from Deloitte and PwC, it does, with 49 per cent of millennials saying they have turned down jobs that conflict with their person


Our Focus This Week on A Range of ESG Topics & Issues – More For You to Think About – What Will Be the Future Impact of These Developments? 

US to be hit worse than almost any other country by climate change, report says
(Tuesday - September 25, 2018) Source: Independent (UK) - The US will be hit harder than almost any other country by climate change, according to a major new report.

How technology is improving the carbon footprint of businesses
(Wednesday - September 26, 2018) Source: The Next Web - Businesses can offset their carbon footprint significantly by relying on these new technologies, one example is the installation of solar panels on company property. 

Corporate Sector And Institutional Investors Deliver A One-Two Punch To Knock Out CO2 Increases
(Thursday - September 27, 2018) Source: Forbes - Americans are having to hold their noses when it comes to political news out of Washington. But luckily they may breathe a little easier now that the corporate world and institutional investors are stepping up efforts to reduce... 

Start-Ups Redefining Sustainability On The Shortlist For Circular Award
(Thursday - September 27, 2018) Source: Resource - Based in Mainz, Germany, the Landbell Group set up the first award in 2014 to highlight innovative start-ups working in the fields of digital circular economy, recycling schemes or waste prevention. Compliance scheme provider... 

From the Corporate Sector - Both Positive & Negative – Headline Scans for You 

Ikea Pledges to Remove Single-Use Plastics and Other Sustainability Actions
(Monday - September 24, 2018) Source: Green Optimistic - Within the next two years, Ikea will remove all single-use plastic from its product range and restaurants as part of its latest sustainability plan. The Swedish furniture retailer pledged to design all its products using...

Defining The Bounds of Nordic Sustainability Integration
(Tuesday - September 25, 2018) Source: Forbes - Can you share with us Storebrand’s investment philosophy regarding sustainable investment? 

Sixty South: How to Turn Sustainability into Business Growth
(Tuesday - September 25, 2018) Source: Sustainable Brands - Today’s consumers are increasingly concerned about the impact their purchasing decisions have on the planet. People want to know how products they buy affect social and environmental ecosystems, and are paying more money for and... 

NYU Outlines Sustainability Efforts for 2018-19 and Beyond
(Thursday - September 27, 2018) 
Source: New York University - NYU President Andrew Hamilton and Provost Katherine Fleming today convened a new working group to carry out new measures to make NYU more sustainable. In 2018-19, this will include installing NYU’s first rooftop photovoltaic... 

Selected Headlines

Google CEO Warns Employees To Stay Nonpartisan Or Face Actions
(Monday - September 24, 2018) Source: NASDAQ 

USDA says Target among new stores affected by nationwide deadly ground beef recall  
(Tuesday - September 25, 2018) Source: ABC13 

How A CSR Pilot Program Became A Key Business Imperative At Tyson Foods
(Wednesday - September 26, 2018) Source: Forbes 

Walmart, Sam's Club to put food products on blockchain
 (Wednesday - September 26, 2018) Source: Reuters

McDonald’s: Most of our burgers now free from artificial preservatives, flavors, colors  
(Thursday - September 27, 2018) Source: USA Today

News & Opinion: Asset Managers, Sovereign Wealth Funds, Pension Funds 

10 Years Later: Warren Buffett and the Financial Crisis
(Monday - September 24, 2018) Source: The Motley Fool - It has now been over a decade since the financial crisis rocked U.S. markets. Some overleveraged and weaker companies didn't survive, while many companies with strong balance sheets and wide economic moats emerged from the crisis...

State Treasurer Calls for Investigation into CalPERS CEO’s Hiring
(Friday - September 28, 2018) Associated Profiles : California Public Employees’ Retirement System (CalPERS) Source: - Board approves 4% raise, $84,873 bonus, but controversy continues over Frost’s educational credentials. The board of the California Public Employees’ Retirement System (CalPERS) has approved a 4% raise for CEO Marcie... 

Shareholder Activism Is the Next Phase of #MeToo
(Friday - September 28, 2018) Associated Profiles : New York State Common Retirement Fund 
Source: The American Lawyer - The first shareholder proposals regarding sexual harassment online were filed jointly in January 2018 by Arjuna Capital and the New York State Common Retirement Fund. The resolutions at Facebook and Twitter requested that each... 

Report: 1MDB scandal won’t be the last of its kind in Asia, academic warns
(Wednesday - September 26, 2018) Associated Profiles : 1Malaysia Development Berhad (1MDB, formerly known as Terengganu Investment Authority) Source: Yahoo News Singapore - The 1Malaysia Development Berhad (1MDB) scandal holds some important lessons for Asia, said an academic in the Nikkei Asian Review. James Crabtree, an associate professor at the Lee Kuan Yew School... 

The G&A team develops timely insights and perspectives on Corporate Sustainability, Responsibility and Citizenship and we share with you on G&A's To The Point! platform – access is complementary with your registration.  Recent briefs include:

Tech Leaders – Are They Good Corporate Citizens? Microsoft and Other Firms Address the Needs of Their Employee New Parents – And One Positive Signal is Sent

The Needle Continues to Move Forward – Developments in Corporate Sustainability / Responsibility and Sustainable Investing Continue to Shape an Important Year

California Leads the Way (Again) – State’s Giant Pension Funds Must Now Consider Portfolio Climate Risks & Report on Results – It’s the Law


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