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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...
![Will future business leaders use their power differently? [Innovation Forum Podcast]](https://erb.umich.edu/wp-content/uploads/2021/04/SocialJustice-400x250.jpg)
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...
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 Erb Institute engaged with several speakers and participants around key questions that relate to business, academia and sustainability, during a partner event with Innovation Forum in Detroit. We asked two sustainability leaders one question: Which metrics matter...
Andy Hoffman is a 2019 recipient of the RRBM award for his work on "Culture Shapes the Climate Change Debate." The book seeks to understand why people are rejecting the science on climate change and what the science says about how to overcome that schism. One...