The Erb Institute partnered with Innovation Forum during their recent visit to Detroit, Oct. 2-3rd, for their conference on “How business can measure the impact—and ROI—of corporate sustainability.”
The conference delved into the best ways to assess materiality, build a business case and deliver impact at scale. Participants from corporations, nonprofits and academia shared their approaches to measuring impact and return on investment (ROI).
Emerging industries depend on government support to grow, but they may be seen as threats to an incumbent industry, and they need to prove their technical feasibility and market promise. So how do emerging industries garner government support? A group of researchers led by former Erb Institute Postdoctoral Fellow Panikos Georgallis set out to demystify the conditions under which emerging industries get government support.
Think of all the terms that have cropped up over the past several decades or so to describe the environmental movement. Reduce, reuse, recycle. Low footprint. Zero footprint. Zero waste. Going green. (NB: not the same as “going clear.”) Eco-friendly. Eco-chic. Eco-anything. In fact, the latter has become so prevalent that you can register a website with the suffix .eco.
One of the great challenges of tackling climate change is making it real for people without a scientific background. That’s because the threat it poses can be so hard to see or feel.
In the wake of Hurricanes Florence and Michael, for example, one may be compelled to ask, “Was that climate change?” Many politicians and activists have indeed claimed that recent powerful storms are a result of climate change, yet it’s a tough sell.
On August 24, 2018, Andrew J. Hoffman, the Holcim (US) Professor of Sustainable Enterprise at the University of Michigan, delivered the Convocation Address at Loyola University Chicago to 3,250 students and 250 faculty members.
From the perspective of business, engaging employees is critical to developing and advancing a company’s sustainability goals. The feeling is mutual from the perspective of current, not to mention future employees: A company’s sustainability goals are important to the process of attracting and retaining the top talent.
Insights on why measuring sustainability matters and which metrics matter most.
How did sustainability become a career for you?
When I was going into undergrad, I wanted to do something in the sciences and had always had a strong affinity for the environment. I can remember back to my elementary school days when we had a “cans for critters” campaign, where we collected soda cans, and all the money from the recycling went to the San Diego Zoo.
When I saw that the University of Michigan had such a strong program—at the undergraduate and graduate level—I jumped at the opportunity to dive into something I loved.
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?