Global network of standard-setting organizations to accelerate widespread adoption of impact measurement and management
October 10, 2018 /3BL Media/ - A group of leading global organizations, including the Global Reporting Initiative (GRI), have joined forces to create the Impact Management Project. This network is an unprecedented effort to develop methods to measure the environmental and social impacts of investment decisions. The goal is to align investment with sustainable business practices in order to achieve the Sustainable Development Goals (SDGs).
As part of its commitment to climate action, Symantec set a goal in 2016 to reduce Scope 1 and 2 greenhouse gas (GHG) emissions by 30 percent over a 10-year period (FY16 to FY25 with a FY15 baseline). Through investments in energy conservation and more efficient use of space the company has achieved a 32 percent reduction in GHG emissions in just three years.
To provide healthy and safe working conditions, organizations need a robust management approach that drives the prevention of physical and mental harm and the promotion of workers’ health. In addition to benefiting workers, it is also good business. First, a healthy workforce is more productive and engaged. Second, promoting a healthy work environment helps to attract – and hold on to – talented workers.
Companies now better equipped to report on both harm prevention and health promotion
AMSTERDAM, October, 4 2018 /3BL Media/ - Healthy and safe working conditions are recognized as a human right – yet it is estimated that close to 2.8 million people die from work-related injuries and illnesses every year, according to the International Labour Organization. A lack of robust occupational health and safety (OH&S) management can put the lives of workers and their families at risk and can limit countries’ potential for sustainable development.
At Caterpillar, we know what it means to be bold. It’s appropriate, then, that in 2017, for the first time, Caterpillar served as an International Women’s Day partner; and the 2017 theme was #BeBoldForChange.
Paul Bulcke, CEO of Nestlé S.A., is confronted with an Internet firestorm after a comment made by his predecessor, Nestlé Chairman Peter Brabeck-Letmathe, in a 2005 interview resurfaces. In the interview Brabeck-Letmathe calls the human right to water an “extreme solution.” Bulcke must make recommendations to lay the foundation for the company’s future direction relevant to water use at its shareholder meeting the next day. The main questions facing him are: How should Nestlé frame its approach to water resource management?
By Sneha Rao, Chris Mills, Imani David and Nicholas Machinski. This case was written under the supervision of Andrew Hoffman, Erb Faculty Member.
Erica Ocampo, sustainability and advocacy manager at The Dow Chemical Company, is getting ready to present her report on the pilot Energy Bag program to her boss. The waste-to-energy program has been met with success in converting plastics to energy, but Ocampo is wondering how she can take the project a step further and truly make Dow a participant and leader in the circular economy. Students are asked to identify with Ocampo and develop a plan of action for the company.