Corporate Sustainability with Philip Beere

Corporate Sustainability
The podcast dedicated to stories of innovation, and those leading the way toward responsible business.
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Episode List

APR 22, 2021

Salesforce → Henk Campher: Sustainability Indexes vs. Company Purpose

Henk Campher Challenge conventional thinking – with 20 years of global experience, Henk is known as a disruptive and creative expert in the communications, brand, social impact and sustainability space. He’s had the pleasure of working on some of the coolest award-winning corporate campaigns and developing strategic solutions with companies such Starbucks, Levi’s, Best Buy, Timberland, Tiffany’s, REI, Abbott Labs, Samsung, Kellogg’s, The North Face, SC Johnson, J&J, Unilever and Nestlé. He has been bridging the world of nerds (social impact, purpose & sustainability experts) and flirts (brand & communication whizzes) thanks to being part of team Fenton, leading social impact and purpose work at Allison + Partners and Edelman, his time in the UK as an Oxfam campaigner, and his South African roots as an African development worker, trade unionist and creator of the Nelson Mandela initiated Proudly South African campaign. He was named as one of the Top 30 CSR Pros to Follow in 2015 by Triple Pundit, Top 100 Thought Leaders in Trustworthy Business Behavior (he is now a judge for the award) and The Guardian’s Top 15 Sustainable Business Executives on Twitter. Henk is a regular writer for the Huffington Post, Triple Pundit and CSRWire, a frequent speaker at conferences, and a Twitter junkie: @AngryAfrican. He is a member of Team Net Impact for Super Bowl 50. His Dō Sustainability book Creating a Sustainable Brand: A Guide to Growing the Sustainability Top Line was published in April 2014. In this episode, the following topics are discussed: Product impact vs. CSR — the crossroads Supply chain measured, but overlooking the impact of the product itself Three product buckets: makes the world better, makes world worse, or blah bucket Most products are not essential Ranking is overlooking impact The right measurement tools Measurement has made us oblivious to how consumers react to products — creative and instinct A challenge to corporations is embracing human nature Why is Disney ranked 100, and a cigarette company ranked 6? The important of honesty, or speaking about the white elephant in the room Methodology problem about indexes The vision of sustainability at SalesForce — at the heart is reinvention The launch of philanthropy cloud — helping employees contribute to the causes Equality related to gender pay Attention on Inequality Best place to work — as a B2B company You can’t have innovation if people don’t love working for a company NOTES and RESOURCES Henk Campher Salesforce Sustainability 2018 100 Best Corporate Citizens David Grayson — Everybody’s Business @salesforce ABOUT PHILIP BEERE Philip is host of Corporate Sustainability; the podcast that explores companies and people who inspire innovation, improvement, and sustainable business practices through purpose-driven missions and initiatives. Philip is a longtime marketer, who consults companies on how to use stories and narrative to help build their brands. He says sustainability stories are one of the most powerful ways companies can manage their reputations. Connect with Philip at www.philipjames.co LinkedIn Facebook Instagram

34 min

MAR 16, 2021

‘Balancing Green’ → Yossi Sheffi (Author): When to Embrace Sustainability in a Business (and When Not To)

Dr. Sheffi is Director of MIT’s Transportation and Logistics, and holds a dual appointment at the Department of Civil and Environmental Engineering and at the Engineering Systems Division. He is an expert in systems optimization, risk analysis and supply chain management, which are the subjects he teaches and researches at MIT. He is the author of dozens of scientific publications and three books. Outside the university, Professor Sheffi is an active entrepreneur, having founded five successful companies, and a sought-after speaker in corporate and professional events. He obtained his B.Sc. from the Technion in Israel in 1975, his S.M. from MIT in 1977, and Ph.D. from MIT in 1978. In this episode, the following topics are discussed: Balancing green pressures and corporate pressures It is not planet vs profit, instead it is people vs people Companies are running the global supply chain, providing the jobs, and are also responsible for a lot of the environmental impact How many people will pay 10% more money for a sustainable product? Tesla in Hong Kong: government incentives Convenience and low cost vs the environment: How many people buy on Amazon? How do you feel about the packaging that goes to landfill? Until consumers agree to pay more for sustainability, companies will not change their fundamentals of production Companies will save energy, minimize risk, and hedging with a green product line for millennials Sustainability is a supply chain issue Is Apple or Microsoft sustainable? They do not manufacture anything, until you look at the supply chain impact Coca-Cola says they reduced the amount of water in bottling plant, but it takes vast amount of water to grow sugar cane Carbon impact of detergent is making the water hot Deep sustainability: Patagonia and Dr. Bronner Unilever trains farmers who grow tea Natura invests a lot in the welfare of the Amazon Starbucks has 120,000 coffee growers who they invest in and train Is the consumer willing to pay more? Maybe not until we have a lot more desires Will Shanghai flood? Social responsibility, shared values, and making a case for social responsibility Supply chain is holistic thinking NOTES Balancing Green: When to Embrace Sustainability in a Business (and When Not To) Dr. Yossi Sheffi LinkedIn ABOUT PHILIP BEERE Philip is host of Corporate Sustainability; the podcast that explores companies and people who inspire innovation, improvement, and sustainable business practices through purpose-driven missions and initiatives. Philip is a longtime marketer, who consults companies on how to use stories and narrative to help build their brands. He says sustainability stories are one of the most powerful ways companies can manage their reputations. Connect with Philip at www.philipjames.co LinkedIn Facebook Instagram

32 min

MAR 13, 2021

The Body Shop → Christopher Davis: Employee Activism and Company Culture

Christopher Davis International corporate social responsibility professional and recipient of United Nations Business Leader Award. Creative and strategic thinker with a track record in delivering high impact, international projects. Expert in the development of integrated CSR strategy, change management and leading stakeholder engagement. Strong communication skills and experienced corporate communications leader and media spokesperson. Strong track as both a Board Member and Chair of NGO and Corporate Foundations Responsible for leading the International CSR Team; and developing the company’s strategic approach and overseeing implementation to ensure The Body Shop’s performance as one of the world’s leading ethical brand is maintained and enhanced In the interview, topics discussed include the following: Philosophy of Natura (Antônio Luiz Da Cunha Seabra, Pedro Luiz Passos, Guilherme Leal) and The Body Shop (Anita Roddick), as rooted in the founders. Business as a force for good and change The DNA of companies as seeing business as more than profit TBL 2050 Goals – partnership with Future Fit Foundation Regenerative Enrich Not Exploit — a first step toward developing Future Fit into the business The philanthropy and sustainabilty team at The Body Shop — servicing 69 countries How to engage employees? Enrich Not Exploit was launched during a challenging time within the company, and criticism came in the form of walking the walk, and talking the talk. Securing a complete ban on animal testing Employees encouraged to advocate for animal rights Activist companies — and attracting talent — sharing beliefs and values Millennials and interest in value-based business The need for policy and regulation for the environment Corporations picking up where politics is falling short We must challenge the status quo and short term profits Ask questions If a company that is not open to be challenged will probably not thrive NOTES Enrich Not Exploit The Body Shop Future Fit Foundation natura Christopher Davis @ActivistChris ABOUT PHILIP BEERE Philip is host of Corporate Sustainability; the podcast that explores companies and people who inspire innovation, improvement, and sustainable business practices through purpose-driven missions and initiatives. Philip is a longtime marketer, who consults companies on how to use stories and narrative to help build their brands. He says sustainability stories are one of the most powerful ways companies can manage their reputations. Connect with Philip at www.philipjames.co LinkedIn Facebook Instagram

27 min

JAN 7, 2021

‘Small Actions, Big Difference’ → CB Bhattacharya: A Three-Phase Formula for the Path to Corporate Sustainability

CB Bhattacharya is the H.J. Zoffer Chair in Sustainability and Ethics at the University of Pittsburgh. Previously he was the Everett W. Lord Distinguished Scholar and Professor of Marketing at the School of Management at Boston University. CB received his PhD in Marketing from the Wharton School at the University of Pennsylvania in 1993 and his MBA from the Indian Institute of Management in 1984. Before joining Boston University, he was on the faculty at the Goizueta Business School, Emory University. In this episode, the following topics are discussed: University of Pittsburg’s Center for sustainable business to bridge academia and the private sector Sustainability generalist — positional the role within an organization Thought leadership — or curating meetings within companies to find linkages — such as the link between HR and sustainability Sustainability and marketing, investor relations, and procurement Creating sustainability ambassadors within and organization — taking ownership of sustainability Employees are yearning to find a sense of meaning Three phase path to sustainability ownership: incubate is when the CEO and executive team comes together finds common ground regarding sustainability, to entice employees or get them engaged with sustainability initiatives, and entrench means acting in a sustainable way becomes routine. Reporting progress is important as a means to inspire employees Employees must be empowered through training: incentives, promotions, fulfillment, celebration A company’s purpose is almost always linked to sustainability Expanding ownership means it is not “our company”, instead it is “our planet”. When an organization has a sense of purpose, it comes to life Marks and Spencer documents sustainability knowledge Culture and strategy must work in tandem Intent without the ability to mobilize employees makes it difficulty to make sustainability goals succeed Many people want to work for a higher purpose, not solely financial Shared understanding of the meaning of sustainability is important for each person in the organization Goals must be clearly defined and articulated Sustainability must engage all parts of an organization Unilever is the third most looked up company on LinkedIn after Google and Apple — Unilever is also a sustainability leader NOTES Book order info: Small Actions, Big Difference Center for Sustainable Business Small Actions Big Difference ABOUT PHILIP BEERE Philip is host of Corporate Sustainability; the podcast that explores companies and people who inspire innovation, improvement, and sustainable business practices through purpose-driven missions and initiatives. Philip is a longtime marketer, who consults companies on how to use stories and narrative to help build their brands. He says sustainability stories are one of the most powerful ways companies can manage their reputations. Connect with Philip at www.philipjames.co LinkedIn Facebook Instagram

36 min

DEC 17, 2020

IKEA → Alex Castro Pérez: Creating a Clean Energy Movement

Alex Castro Pérez is currently heading IKEA Home Solar & Energy Services, the business unit on a mission to accelerate the global transition to affordable clean energy. He also leads sustainable innovation & corporate business development, related strategic investments and partnerships. Before joining IKEA, Alex headed global functions across R&D, Engineering and Supply Chain for leading multinationals in the Food Processing & Packaging, Medical Device, and Automotive industries. His experience also includes seeding and advising start-ups in different sectors. In this episode the following topics are discussed: Sustainability and innovation Why is IKEA in the market of residential solar The better everyday life for the people People and planet positive Climate action starts at home Soft cost acquisition in home solar Systemized and make the customer journey more simple when buying solar Automize the buying process with transparency and engagement Breadth and depth of understanding life at home and the solution of helping people lead a more sustainable life Pricing with transparency Installation booking made simple and un-intrusive Why do people buy solar? Creating a clean energy movement IKEA’s energy goals for 2030 — becoming climate positive The IKEA LED story The IKEA work culture About the Ingka Group: Ingka Group (Ingka Holding B.V. and its controlled entities) is one of 11 different groups of companies that own and operate IKEA sales channels under franchise agreements with Inter IKEA Systems B.V. Ingka Group has three business areas: IKEA Retail, Ingka Investments and Ingka Centres. It is the world’s largest home furnishing retailer operating 367 IKEA stores in 30 markets. These IKEA stores had 830 million visits last year and 2.35 billion visits www.IKEA.com. Ingka Group operates business under the IKEA vision, to create a better everyday life for the many people by offering a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them. ABOUT PHILIP BEERE Philip is host of Corporate Sustainability; the podcast that explores companies and people who inspire innovation, improvement, and sustainable business practices through purpose-driven missions and initiatives. Philip is a longtime marketer, who consults companies on how to use stories and narrative to help build their brands. He says sustainability stories are one of the most powerful ways companies can manage their reputations. Connect with Philip at www.philipjames.co LinkedIn Facebook Instagram

40 min

OCT 7, 2020

Triple Bottom Line → John Elkington: The Recall of a Management Concept (25 Years Later)

John is one of the world’s leading authorities on sustainable development and developed the ‘triple bottom line’ business strategy. He is the author or co-author of 50 published reports, thousands of articles, and 19 books, including the no. 1 bestselling The Green Consumer Guide (1988). In this episode, the following topics are discussed: 2019 is the 25th anniversary of the TBL People — Planet — Profit Accounting vs Purpose System change — not the accounting Double entry bookkeeping 6000 companies are engaging in sustainability reporting Branding and advertising — misleading with green HBR says this is first time any management concept has been recalled Social entrepreneurs TBL is not intended to be a mechanism to support tradeoffs Improve on two dimensions, and holding the third constant Tomorrow’s capitalism inquiry — Aviva Investors Crowdsourcing the revamp — using technology to communicate more widely How does shared value link to the TBL Competing language is a glorious alibi to do nothing at all What lies on the horizon for the revamp?We need framework and tools that drives business in ways that we have not seen yet Look at leadership companies, like Unilever, and explore what TBL thinking has delivered in their businesses. (Revamp 1) CEO must be on board The evolution of B2B platforms — Paul Polman — look at B2B platforms and look at what is working and what is not — do we need multiple platforms? (Revamp 2) The role of government and policy makers Financial markets through the lenses of the CFO and the tie to sustainabilty (Revamp 3) Larry Fink at BlackRock, “Society is demanding that companies, both public and private, serve a social purpose. To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society.” Avoiding the label of environmentalist John as an agitator — ‘Playfulness’ as an indicator of flexibility and embracing change? OECD: 80 -90% of companies know a sustainability commitment is necessary Corporate culture — The term greenwashing — safety and health diversity are easy to claim, but a CEO saying it is different than real results— someone at Board level must be directly responsible for performance Climate change, human rights, communicating TBL to Wall Street → learning journeys The sort of company that does TBL reporting and brand activism Comparing 1970’s corporate leadership to today SDGs The word ’sustainability’ and it being perceived as something bad A pending financial crash Dirty industries proclaiming sustainability — and the need to call out ranking without looking at what goes on behind the scenes The need to disrupt the ranking industry Provoking or calling out bad corporate behavior Incremental change is boring — disruption or civilizational change is more fascinating and engaging When words or phrases first appear they are like membranes — new concepts that engage — the more a term is used it becomes less engaging The forecast that the SDGs will equal 12T in opportunity — dissecting the number — skepticism and forecasts We have moved from looking at sustainability as an impediment and viewing it as an opportunity and instrument for transformation Big brands that disappear Paradigm shifts John Elkington is the executive chairman of Volans, co-founder of SustainAbility, blogs at Johnelkington.com, tweets at @volansjohn. NOTES John’s websites John Elkington Volans Other websites Aviva Investors B Corp BlackRock Business and Sustainability Development Commission — market potential of SDGs DJSI Fast Company GlobeScan GRI Tech Mahindra Unilever sustainability WBCSD Wired Sample of John’s books The Green Capitalists by John Elkington and Tom Burke The Green Consumer Guide b

52 min

JUN 17, 2020

U. of Pittsburgh → CB Bhattacharya: Is There a Disconnect Between CSR Goals and Execution?

CB Bhattacharya is the H.J. Zoffer Chair in Sustainability and Ethics at the University of Pittsburgh. European School of Management and Technology in Berlin, Germany. Previously he was the Everett W. Lord Distinguished Scholar and Professor of Marketing at the School of Management at Boston University. CB received his PhD in Marketing from the Wharton School at the University of Pennsylvania in 1993 and his MBA from the Indian Institute of Management in 1984. Before joining Boston University, he was on the faculty at the Goizueta Business School, Emory University. In this episode, the following topics are discussed: Consumer behavior CSR — how to understand stakeholder reactions? Is there a disconnect between CSR goals and execution? CSR success via empowering employees and shared ownership Is the company walking the walk? Check it by going to one of their factories away from corporate headquarters Unilever and check dams Enel in Chile and teaching self sufficiency Resilient communities Innovation is necessary to sustainability Enel’s My Best Failure Innovability CSO and CMO: dual role at Unilever — Keith Weed Nestle: COO as the sustainabilty architect of entire company Engaging NGOs as a means for meeting CR goals Relationship between CR and financial performance Greenwashing Where are the sustainabilty jobs for college graduates? NOTES CB Bhattacharya How to Make Sustainability Every Employee’s Responsibility Sustainability Lessons From the Front Lines Leveraging Corporate Responsibility: The Stakeholder Route to Maximizing Business and Social Value LinkedIn: CB Bhattacharya CB Bhattacharya (@CBsuite) | Twitter Book: Straight Man Harpic ABOUT PHILIP BEERE Philip is host of Corporate Sustainability; the podcast that explores companies and people who inspire innovation, improvement, and sustainable business practices through purpose-driven missions and initiatives. Philip is a longtime marketer, who consults companies on how to use stories and narrative to help build their brands. He says sustainability stories are one of the most powerful ways companies can manage their reputations. Connect with Philip at www.philipjames.co LinkedIn Facebook Instagram

41 min

JUN 19, 2018

Future-Fit → Geoff Kendall: Connecting Sustainabilty Performance to Investment Attractiveness

Dr Geoff Kendall is an entrepreneur whose experience spans sustainability consulting, high-tech startups, corporate communications and academic research. Geoff holds a PhD in artificial intelligence, and has co-founded two software businesses. The second of these was acquired by a global technology company, where Geoff went on to serve as marketing director for three years. Geoff switched careers in 2010, joining London-based think-tank SustainAbility, and for four years he led the communications team and advised some of the world’s biggest corporations on sustainable business models. In so doing he realised that there was no reliable way to measure how sustainable a company is now, and how much more it needs to do, and he wanted to fix that. So in early 2014 Geoff left to set up Future-Fit Foundation. In this episode, the following topics are discussed: The Industrial Revolution and the past 250 years The Wealth of Nations — makes economic assumptions — that infinite growth is possible Infinite growth is not possible or desirable Growth vs. Sustainability Defining growth The good side of GDP Future Fit — the need to have a clear destination when setting sustainability goals Karl-Henrik Robert — the rules of the game that humans can flourish Business can only thrive if society as a whole flourishes Investment banking and the natural environment Indexes are missing necessary factors across sectors Some sectors have systematic problems We must get beyond assessment as defined by reporting mechanisms Future Fit is a management tool to assess progress 450 pages of guidance to map and track Disconnect in terms of what companies provide and what investors want — does a rating tell an investor anything meaningful? Trajectory — and credible story The bell curve of companies on the sustainability path Security of supply Companies that is paying attention and reducing impact — it is indicative of a better management team — resulting in better financial performance Systemic risks that business is exposed to SDG’s and Future Fit The Future Fit Development Council Future Fit Crash Course A lot of MBA programs do not talk about environmental impact Reevaluating company mission and purpose’ NOTES and RESOURCES Geoff Kendall Global Green Growth Institute (GGGI) Paul Ekins Karl-Henrik Robert Future-Fit Business Benchmark ABOUT PHILIP BEERE Philip is host of Corporate Sustainability; the podcast that explores companies and people who inspire innovation, improvement, and sustainable business practices through purpose-driven missions and initiatives. Philip is a longtime marketer, who consults companies on how to use stories and narrative to help build their brands. He says sustainability stories are one of the most powerful ways companies can manage their reputations. Connect with Philip at www.philipjames.co LinkedIn Facebook Instagram

38 min

JUN 18, 2018

All In’ → David Grayson (Author): 5 Steps to Corporate Sustainability

David is Emeritus Professor of Corporate Responsibility. From 2007-2017, he was director of the Doughty Centre for Corporate Responsibility and Professor of Corporate Responsibility. He joined Cranfield in April 2007, after a thirty year career as a social entrepreneur and campaigner for responsible business, diversity, and small business development. This included founding Project North East which has now worked in nearly 60 countries around the world; being the founding CEO of the Prince’s Youth Business Trust and serving as a managing-director of Business in the Community. David has an Honorary Doctorate of Law from London South Bank University and was a visiting Senior Fellow at the CSR Initiative of the Kennedy School of Government, Harvard (2005-10). He has served on various charity and public sector boards over the past 30 years. These have included the boards of the National Co-operative Development Agency, The Prince of Wales’ Innovation Trust and the Strategic Rail Authority. He chaired the National Disability Council and the Business Link Accreditation Board; in each case appointed by the Major Government and re-appointed by the Blair administration. He is currently chairman of the national charity Carers UK championing the role of 6.5million Britons caring for a loved one. He is a former chairman of one of the UK’s larger social enterprises and largest eldercare providers, Housing & Care 21 during which the organisation made corporate history by becoming the first-ever not-for-profit successfully to acquire a publicly quoted group of companies. David received an OBE for services to industry in 1994 and a CBE for services to disability in 1999. The Guardian has named David as one of ten top global tweeters on sustainable leadership alongside Al Gore, Tim Cook – CEO of Apple, and Facebook’s COO Sheryl Sandberg: @DavidGrayson_ In this interview, the following topics are discussed: VUCA — volatile, uncertain, complex, and ambiguous as related to the world of business (originally from American military) The idea of corporate sustainability being viewed as soft Diversity, climate change, social inclusion — businesses cannot afford to get wrong Even a small hairdressing salon in Cape Town see water shortages of business strains Black Rock, CEO letter, the need for business to be thinking longterm Doing business for the longterm = corporate sustainabilty 5 core attributes: 1. Purpose 2. Comprehensive Plan 3. Sustainable Culture 4. Skill and the Will 5. Advocacy All five attributes must work together Innovation equalling sustainability Unilever invites public for ideas toward improvement Empowerment and engaging employees Collaboration with competitors Sustainable Apparel Coalition Social justice and sustainable development SDGs — the roadmap for the future If we can fulfill the SDGs by 2030 it is a 12T USD opportunity Every great social problem and global issue is a business opportunity in disguise If you understand you can identify opportunity Vodaphone mobile money Sectoral ratings and indexes for all major sectors CSI Europe Rankings and certifications are starting collaboration — for example GRI and UN Global Impact From pre-start, the aspiration of becoming B Corp A responsible business Hyper global inequality — a profound alienation felt by voters What must change in capitalism to survive Employee recruiting in regard to millennials — Paul Polman reports that half of Unilever’s workforce is millennial Employer of choice by millennials, and sustainability as a catalyst Daniel Pink and Drive: mastery, autonomy, purpose — doing what matters NOTES and RESOURCES David Grayson Sustainability Leaders: Celebrating 20 Years of Leadership GlobeScan SustainAbility SDGs All In Everybody’s Business Mark Lee — SustAinability Chris Coulter — CEO of GlobeScan CSI Europe New

32 min

JUN 10, 2018

MIT Sloan → Jason Jay: The Sustainability—Innovation Nexus

Jason Jay is a Senior Lecturer at the MIT Sloan School of Management and Director of the Sustainability Initiative at MIT Sloan. He teaches courses on leadership, strategy, and innovation for sustainable business. Jason engages students and alumni in hands-on projects with leading companies and organizations. These efforts help build a community of innovators for sustainability that includes MIT students and alumni, faculty and researchers, with partners in business, government, NGOs, and hybrid organizations. Jason’s research focuses on how people navigate the tensions inherent in the quest for sustainability, as they simultaneously pursue their own self-interest and the flourishing of human and other life. This work includes deep case studies of cross-sectoral collaboration and hybrid organizations that combine social and business goals. These case studies have been published in the Academy of Management Journal and California Management Review. He also contributes to the MIT Sloan Management Review, Stanford Social Innovation Review, and Greenbiz on the topic of sustainability-oriented innovation (SOI). A key finding of his research is that social innovation occurs through authentic conversations that hold the tension between divergent values and perspectives. With Gabriel Grant, he is the author of Breaking Through Gridlock: The Power of Conversation in a Polarized World. In this episode, the following topics are discussed: S-Lab — MBA students learn about sustainable business practice Research and teaching initiative — MIT Sloan now teaches sustainability and has up to 95% engagement from business students Challenges from the past decade as a satiability advocate Some people dismiss environmental and social challenges Are there tradeoffs to align with sustainability? SOI — sustainability orientated innovation Breaking through the stigma of the word ’sustainability’ Motivation is driving toward and innovation, or ‘regenerative’ and ‘flourishing’. Circular economy Supply chain optimization Operational efficiency Soil vitality Position vs opposition, as related to values People don’t like waste and want things to work better Do laws of climate change restrict freedom? FEMA and climate disasters Revenue neutral carbon tax The connection between innovation and sustainability — or SOI (Sustainability Orientation Innovation) framework at MIT Sloan Innovation is a startup context — and incorporating sustainability measures Lean Impact Measurement KPI’s — John Doer — and sustainability as a design constraint Nike and SOI — when analyzing GHG and carbon footprint — coming from gasses that inflated air bladders — they were using sulfur hexafluoride (SF6) — without sacrificing athletic performance — led to new shoe designs along with structural integrity of sustaining nitrogen Constraints can lead to innovation Stakeholder concept is important because it contrasts with shareholder Stakeholder capitalism Environmental and social NGOs How to prioritize who a stakeholder is and how to engage — Ceres Crafting a sustainability strategy and prioritize issues EDF, WRI, and 1% For the Planet The big challenge is the increased interests in sustainability, ESG, but a lot is being built on a shaky foundation SHIFT NOTES and RESOURCES Jason Jay MIT Sloan SHIFT Book: Breaking Through Gridlock Sustainability Orientation Innovation SHIFT.tools Strategies for Sustainable Business #ceres #nike @MITSloanSusty ABOUT PHILIP BEERE Philip is host of Corporate Sustainability; the podcast that explores companies and people who inspire innovation, improvement, and sustainable business practices through purpose-driven missions and initiatives. Philip is a longtime marketer, who consults companies on how to use stories and narrative to help build their brands. He says sustainab

31 min

MAY 14, 2018

‘The Big Pivot’ → Andrew Winston (Author): Companies Winning when Making Sustainability a Priority

Andrew Winston is a globally recognized expert on how companies can navigate and profit from humanity’s biggest challenges. His views on strategy have been sought after by many of the world’s leading companies, including Boeing, HP, J&J, Kimberly-Clark, PepsiCo, PwC, and Unilever. Andrew’s first book, Green to Gold, was the top-selling green business title of the last decade and was included in Inc. Magazine’s all-time list of 30 books that every manager should own. His speeches for audiences around the world, and his new book The Big Pivot, lay out a practical and optimistic roadmap for how companies can thrive in a hotter, scarcer, more open world. During the episode, topics discussed include the following: Is marketing expensive? Yes, if it is bad marketing The current landscape of corporate sustainability The role of business in society and the CEO The strategies and framework for corporate sustainability Sustainability mega-trends: climate, resources, and transparency. Renewables affordability has sped up clean energy The trend of major corporations buying renewable energy Food and agriculture trends; protecting soil and reducing footprint Companies leading the sustainability movement Low carbon economy Corporate social responsibility: diversity and inclusion Corporate sustainability benchmarks: GRI, GHG protocol, SASB and TCFD Goals around women in management The push toward corporate transparency and supply chains, or looking upstream Blockchain in sustainability as a tracking tool A resilient enterprise: thriving and flourishing Pre-competitive collaboration and working with competitors The role of the NGO Supply chains and measuring footprint: scope 3 emissions ROI as related to sustainability The sustainabilty – innovation crossover Health as a driver in buying decisions Millennials and preference toward responsible products Gen Z and Millennials; weighing sustainability as an important factor when choosing an employer The importance of the CEO in a company’s sustainability efforts The unpredictable future and preparing for extremes NOTES and LINKS Andrew Winston Pivot Goals The Big Pivot TED Institute YouTube The Sustainability Consortium (TSC) Blessed Unrest: How the Largest Social Movement in History Is Restoring Grace, Justice, and Beauty to the World Anti-fragile: Things That Gain from Disorder TCFD Knowledge Hub SASB ABOUT PHILIP BEERE Philip is host of Corporate Sustainability; the podcast that explores companies and people who inspire innovation, improvement, and sustainable business practices through purpose-driven missions and initiatives. Philip is a longtime marketer, who consults companies on how to use stories and narrative to help build their brands. He says sustainability stories are one of the most powerful ways companies can manage their reputations. Connect with Philip at www.philipjames.co LinkedIn Facebook Instagram

46 min

MAY 13, 2018

Novo Nordisk → Susanne Stormer: A Corporation With Sustainability in its DNA

Susanne Stormer is a foremost global authority in corporate sustainability and serves as VP, Corporate Sustainability and Chief Sustainability Officer for the Danish pharmaceutical company Novo Nordisk, a globally recognized sustainability leader. Susanne sets strategic direction for the Novo Nordisk as a sustainability leader and pioneer in demonstrating long-term business value of incorporating economic, social and environmental perspectives into its market proposition. She and her team manage sustainability-driven programs, the company’s Annual Report, engagements with ESG investors and stakeholders in the professional sustainability community, and communicate the value of the company’s Triple Bottom Line business principle. In this episode, topics discussed include the following: Sustainability in the DNA of a company Born with a social purpose in 1923: Novo Nordisk helps people with diabetes live better lives Scandinavia has a heritage of respecting the environment; and lessening environmental footprint What should we call a corporate environmental/social commitment ? A discussion about the Triple Botton Line Financial responsibility is tied to social responsibly Circular economy and environmental responsibility Relevant – Responsible – Resilient → the three keys to being a sustainable business Employee engagement as related to Millennials → people would like to work for a company that has a clear purpose and values-driven Sustainable engagement If you have a highly engaged workforce, there is lower absenteeism, fewer sick days, and higher productivity Patients are at the center of all decisions; one example is injectable devices Innovation inspired by patient engagement Customer loyalty → hospitals, Ministries of Health: companies look at the company behind the product Training the sales staff to tell the company story and share the companies mission, ‘story’ and values. When a bigger context is given, there is a higher rate of sales calls and in-person engagement Market value is higher than the value of what can be accounted for with tangible assets Intangibles are created through an engaged workforce, quality of management, strong purpose, anticipating business constraints or ability to be flexible as a company The personality traits of a CSO The importance of a supportive CEO The details of building a strong sustainabilty team and leaders within a company Embedding TBL values within the organization through storytelling Tips for great integrative reporting Sustainability tracking and roadmaps to corporate sustainabilty; the UN Sustainable Development Goals The Future-Fit business benchmark → what is needed at a minimum to do no harm to the environment and society – and tied to accounting Crafting stories that appeal to stakeholders Mistakes in messaging sustainability Great stories help earn the trust and confidence of stakeholders who sometimes become ambassadors and defenders of the brand, for example, in cases of crisis Making a business stable and resilient during disruption Key questions, what might disrupt our business in the next 5 – 10 years? The importance of feasibility in achieving sustainability goals NOTES and LINKS Novo Nordisk Susanne Stormer International Integrative Reporting framework John Elkington – triple bottom line Cannibals with Forks: The Triple Bottom Line of 21st Century Business ABOUT PHILIP BEERE Philip is host of Corporate Sustainability; the podcast that explores companies and people who inspire innovation, improvement, and sustainable business practices through purpose-driven missions and initiatives. Philip is a longtime marketer, who consults companies on how to use stories and narrative to help build their brands. He says sustainability stories are one of the most powerful ways companies can manage their reputations. Connect with Philip at www.p

1 hr
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