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The importance of sustainability and corporate responsibility continue to gain recognition; indeed, organizations that embrace sustainability can enhance their reputation with stakeholders and their value. The intersection of business and sustainability has three key dimensions: economic viability, social well-being, and environmental responsibility. Accountants work in this area to help embed sustainability factors into an organization’s strategy and decision-making processes to achieve sustainable value creation. Read More
The awards aim to encourage the efficient use of resources, enhance the competitiveness of businesses, improve environmental performance and support the wider goals of sustainable development including social benefits through community and staff involvement.
This showcases the natural capital efforts of some 40 companies — from Alcoa to Lockheed Martin to YES Bank — representing $1.4 trillion in revenues. Nonprofits involved include BSR, Trucost and World Wildlife Fund (WWF). The hub's core tool is a database of case studies, which you can search by industry, geography, benefit, approach or ecosystem. Supporting articles introduce visitors to the basic concepts of valuing natural capital, with categories offering to help you "make the case, benchmark, implement and connect" your own efforts.
This guide lays out five defining features of corporate sustainability, which the Global Compact asks businesses to strive towards – looking at why each element is essential, how business can move forward and what the Global Compact is doing to help.
Presentation by Richard Spencer (ICAEW) at the natural capital summit Valuing our Life Support Systems 2014, November 6-7at the British Library in London.
Resources to get you started in the area of sustainability.
Instead of buying and owning products, consumers are increasingly interested in leasing and sharing them. Companies can benefit from the trend toward “collaborative consumption” through creative new approaches to defining and distributing their offerings.
The Guide was developed in cooperation with different members of the B@B Platform. Its objective is to help companies understand what is meant by NCA for business and to help them select NCA approaches suitable for their specific circumstances. The Guide is accompanied by a NCA Decision-matrix Tool which has been developed as part of this Workstream. This interactive tool links 11 NCA approaches to a series of questions about the companies’ interconnections with biodiversity and the environment.
April 16, 2015 - New York Times
April 15, 2015 - Washington Post
April 10, 2015 - Institute of Chartered Accountants of Scotland
April 7, 2015 - World Bank
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