Many Global Companies Seek Efficiencies and Enhanced Profitability Through ESG Practices
EDINBURGH, UK, February 14, 2019 /3BL Media/ – The global fashion industry is booming. In the last 15 years, world clothing production has almost doubled, with more than 300 million people employed along its value chain. However, the growth of this huge industry has come at a significant environmental cost.
“Ethical sourcing” – we see that a lot of companies are systematically addressing issues in their sourcing and supply chain management to better understand and address (and better manage!) the various issues that their investors, customers, employees, business partners, and other stakeholders care about. What is “ethical” behavior in the layers upon layers of suppliers in the usual globalized sourcing effort?
The world leadership gathering in Switzerland in winter every year – we see this in the “Davos meetings” in the many news report datelines – are part of the World Economic Forum (WEF) broad activities -- this is the WEF’s annual meeting. Heads of state, CEOs, invited thought leaders, leading academics and journalists, politicians of all persuasions, NGOs, heads of multilateral heads (Christina Lagarde, International Monetary Fund)…they were all gathered there this year.
Is 2019 going to be “The Year of Sustainability”? Greatly empowered by technology? With exciting innovation on the business front? One European-based writer (Carmen Ene, CEO of 3 STEP IT in Helsinki, Finland) thinks so. Writing for Sustainable Brands® SB/The Bridge to Better Brands, she outlines what she sees as the top sustainability issues for corporate leaders in 2019 -- and offers advice on how to address them.
In the last two decades, sustainability reporting has gone from an exercise for the largest companies to a necessity to attract investors and meet local and international regulation. But the main benefit of sustainability reporting remains that companies best understand their impacts and can improve their bottom line along with the world around them.
The nation’s leading think tanks, home to numerous scholars and policy wonks, including former officeholders (with many centers headquartered in Washington DC) focus on a variety of political, economic, cultural, environmental, science, and global issues and topics -- typically reflecting the points-of-view of their constituent base.