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The first step in our green manufacturing design journey is getting the full picture of the footprint of the current manufacturing processes. This starts right into the theme of extraordinary collaboration with our factories (also known as co-packers or contract manufacturers in the biz) since we need them to paint the full picture for us [...]
I would encourage you to read the recent interview of President Obama in the New York Times magazine. (Full interview, click here.) The first part of the interview is entitled “The Future of Finance.” The President has some encouraging things to say, but I can’t help feeling disappointed in the overall tone and substance of [...]
The sentiment the grass is always greener holds true in my experience leading a national NGO to address local hunger & poverty, as well as working with a socially-minded business to transform the paper industry towards more sustainable practices. From my vantage point in the NGO world, I was envious of my peers employed in [...]
Jay Coen Gilbert of B Lab, the non-profit that certifies and supports B Corporations, distinguishes between good companies versus good marketing, and how B Lab is supporting the broader social shift from green businesses to good businesses.
B Corporations have voluntarily adopted a higher standard of legal accountability than their traditional corporate counterparts. B Corps are required to take into ‘due consideration’ the impact of their decisions not only on their shareholders, but also on non-shareholder interests, such as their employees, suppliers, community, and environment. B Corp Legal Framework ‘Due consideration’. What [...]
From the start of method’s existence as a company we’ve been focused on how to do good through our business. From both social and environmental perspectives, we’ve tried to ensure that we leave things better than we found them – hopefully radically better. When making our products, we’ve focused the design process on the greenest [...]
Over the past year, the brand called capitalism has sunk to unfathomable lows. There’s near universal disgust over the bank and insurance industry bailouts; gnawing fear over the accelerating global recession; outrage over all those Ponzi-scheming fraudsters; and a sickening sense that too many bankers and financiers are still driven by unquenchable greed. Earlier this [...]
This past spring, eleven of the world’s leading sustainable banks created a new alliance to build a positive alternative to a global financial system in crisis (full press release below). These banks have assets of over $10B and serve over 7 million customers in 20 countries. (See list below) Many have been around for decades. [...]
I’m a fan of the Clinton Global Initiative. I’m a fan of former Presidents risking their political capital and I think CGI has been and hopefully will continue to play a significant leadership role engaging the private sector in creating public benefit. CGI recently hosted an event titled ‘Creating Value for Business and Society’. The [...]
Just when I thought I’d become numbed to the daily dirge of dire financial news, along comes a New York Times report that left me stunned.
n an article aptly headlined “Gimme Back Your Paycheck,” Gretchen Morgenson reported that executives at seven of the financial industry’s biggest losers leached $464 million in performance pay since 2005. They were as adept at wiping out shareholder wealth as they were at accumulating their own wealth — their companies lost $740 billion in stock market value in the past two years.
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