How do you measure a company’s social impact? Many sustainability metrics and reporting frameworks offer ways for companies to assess their environmental and economic impacts, but social impact is more difficult to measure—and even to define. A company’s social impact...
By Amelia Ahl Reposted from Triple Pundit Feb. 22nd, 2021 In the wake of the January 6 insurrection at the U.S. Capitol and concerns about a peaceful and democratic transition of power, many businesses are reconsidering their relationships with government – including...
Reposted from GreenBiz March 18, 2021 Corporate sustainability has evolved, and companies have made significant strides in recent years. But their sustainability strategies often neglect their political involvement. And their political activities may not be fully...
With the geometric growth of socially responsible investment dollars entering the market, corporations are increasingly expected to assess and publicly disclose their sustainability, based on their economic, environmental and social performance. Although we have a...
This week: Andy Hoffman, professor at the Ross School of Business at the University of Michigan, on why business has to evolve to embrace sustainability across functions and accept that profit is only one measure of success. Business may be the problem, he argues, but...
Water scarcity is an issue that is rapidly increasing and will continue to have harmful impacts on our environment. Our planet has a plentiful supply of water however 97.5% is saltwater. This leaves 2.5% as fresh water and 2/3 of that is currently locked in polar ice...
In spite of the widespread proliferation of sustainability metrics and reporting frameworks, these systems lack consistent definitions, processes and standards for assessing social sustainability impacts. This has made it difficult to benchmark progress on social...
The disconnect between many companies’ public sustainability ambitions and their non-public lobbying efforts can no longer be excused. The Erb Institute’s Corporate Political Responsibility Taskforce is helping companies connect the dots. The January 6 US Capitol...
It is very encouraging to see companies re-thinking their political spending policies in the wake of current threats to the peaceful transition of power in America. Such reviews could create a tipping point in restoring public trust and stability — but only if...
While most companies worldwide recognize sustainable business practices as a strategic imperative, many are not using rewards to incentivize progress toward their sustainability goals. This new report examines the multiple levers companies use to enact sustainable...
![Will future business leaders use their power differently? [Innovation Forum Podcast]](https://erb.umich.edu/wp-content/uploads/2021/04/SocialJustice-535x675.jpg)
