And all of a sudden, plastic went and got sexy. … Kind of .
Love it when complex things get explained in a really simple way. Here is a video that explains The Circular Economy in relatively simple terms.
I recently attended another of Business Fights Poverty’s fine events: Linking Socio-Economic Impact and Business Strategy. It was a great event, and good to see that there has been significant progress in the way social impact is being measured and in the way the conversation is happening, but a few things troubled me.
Social Media can help transform your Sustainability programmes and commitment into something that creates engagement and loyalty from customers and employees. Unfortunately it can also kill your Sustainability overnight.
The CSR laws that came into force in India really should be called Philanthropy laws, because that’s what they are.
I had been planning to write on this, but after reading Mallen Baker’s blog post on the topic, I don’t have a lot to add. So instead, here is a link to his post, Should CSR be made compulsory after all?.
The only significant thing I might add, is that naming laws that imposes compulsory philanthropic targets on certain companies as ‘CSR’ will mean that Indians will come to think of CSR as philanthropy. That won’t necessarily set back the growth of responsible business (although I think it makes it more likely), but it does mean that other terms like Sustainability or Responsible Business become more important.
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I was preparing for DoShorts webinar on Materiality that took place last week, when someone accidentally said Sustainability Maternity, instead of Sustainability Materiality. I laughed, and then started to think about what Sustainability Maternity might look like.
All of the big reporting frameworks are doubling down on materiality. Rightly so.
It’s time to prove that materiality is a worthwhile activity, or lose it from our vocabulary.
Many of you will already know a lot about materiality in a sustainability context. I thought some of you might like a quick video introduction to materiality, either as a simple summary for your own use or as a resource for anyone who might be interested.
Unsure of what the G4 might mean for your business? This high level video might help you start to plan for the changes from G3 to G4.