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Nearly 200 CEOs just agreed on an updated definition of “the purpose of a corporation”

Since 1997, the Business Roundtable, America’s most influential group of corporate leaders, has agreed on one principle: “The paramount duty of management and of boards of directors is to the corporation’s stockholders,” its mission statement declared. The interests of other stakeholders, like employees, were only “relevant as a derivative of the duty to stockholders.” Now, however,

Elements of green chemistry

The chemical sciences has a sustainability problem. Chemical production is expected to double by 2030, according to a recent UN report, but quite how this will be done without costing the Earth is still an unanswered question. At the recent International Union of Pure and Applied Chemistry’s congress in Paris, the ‘father of green chemistry’

2019-08-19T08:33:37-05:00Tags: |

Sustainability Group Awards Two Wind Energy Projects in Iowa

Of the many wind energy projects in the United States, only three are verified as sustainable by the Institute for Sustainable Infrastructure. Recently, two of them -- developed by power generation and distribution provider Alliant Energy with support from Black & Veatch as owner’s engineer – were the first wind projects ever to achieve the

2019-08-19T08:27:09-05:00Tags: |

Ownership of Yankee Publishing to Transfer to Employees

Yankee Publishing Inc., a family-owned business for 84 years, announced the sale of 30% of its shares to the company’s employees through an Employee Stock Ownership Plan or ESOP. The company, with 85 employees based in offices in Dublin and Manchester, New Hampshire, publishes Yankee, The Old Farmer’s Almanac, New Hampshire Magazine, Family Tree Magazine,

India is promising a push toward sustainability

Home to more than 1 billion people, India is a huge economic, political and cultural force and when it comes to renewable energy, Prime Minister Narendra Modi’s government has ambitious plans. In June 2019, Anand Kumar, the secretary of India’s Ministry of New and Renewable Energy, said the country planned to have 500 gigawatts of

2019-08-17T09:57:40-05:00Tags: |

What is Sustainable Health?

A sustainable health and care system is achieved by delivering high quality care and improved public health without exhausting natural resources or causing severe ecological damage. It may also be useful to think about the relationship between sustainability and health in three distinct ways moving from a narrow focus to a broad focus. The resources

2019-08-17T09:51:49-05:00Tags: |

How To Start With Sustainable Investing

The first thing to note: I’m on the fence about this whole capitalism thing. As I think about investment and savings, I’m always wondering if 70-year old Andrea will have the opportunity to reap the rewards of my decades of investment, or will the white supremacist, fossil fuel evildoers have their way and kill everything livable and beautiful

Is rich people’s excessive income about to strangle the economy?

There is an economic warning sign which has gone off before every recession going back to the 1960s (and only delivered one false positive). It's called a yield curve inversion — and it just happened on Wednesday. Gulp. Now, this doesn't guarantee a recession, of course. Even going back that far, we're only talking about

High levels of income inequality make the public less cooperative

In a new study led by IST Austria, researchers have investigated the effects of income inequality on the public’s willingness to cooperate and show support for public goods and services such as taxes, healthcare, and education. While too much inequality was found to be far from beneficial, the team also determined that complete income equality did not produce

Living homes for all

Why we need affordable housing After this year of bleak climate reports and unprecedented wildfires, the need for a regenerative built environment has never been clearer. The need for affordable housing is similarly clear and dire. At least ten cities and the entire state of Hawaii have for years been in a formally declared State of Emergency

2019-08-16T07:07:01-05:00Tags: |

‘A pathway to the American dream’

Bolstered by a vision of employee ownership, OwnersEdge Inc. is in growth mode. The City of Pewaukee-based holding company is headed by Lisa Reardon, who has expanded the business to include others in the field of niche technological solutions and expertise. All are structured as employee stock ownership plan companies, or ESOP companies. Reardon worked

Why employees are yearning for more financial wellness benefits

Financial wellness benefits may be more popular than employers and benefit advisers think. In fact, it’s not inconceivable that employees will come to expect financial wellness benefits the same way they’ve come to expect health insurance and retirement savings accounts, says Matt Bahl, vice president financial wellness strategies at Prudential. Increasingly, individuals need a broader

Opportunity zones could provide major boost for clean energy

When Darren Walker, president of the Ford Foundation, a $13 billion foundation guided by a vision for social justice, and Steve Mnuchin, President Donald Trump’s treasury secretary, agree that the Opportunity Zones program is the biggest economic development opportunity in 50 years, it’s worth taking a closer look. A provision of the Tax Cuts and

2019-08-15T07:35:02-05:00Tags: |

5 ways to shift consumers towards sustainable behaviour

Most people want to be sustainable, but have a hard time taking the necessary actions. According to Nielsen, a data analytics company, sustainability is the latest consumer trend. Their research shows chocolate, coffee and bath products with sustainability claims grew much faster than their traditional counterparts. Yet only 0.2 per cent of chocolates and 0.4

2019-08-15T07:28:11-05:00Tags: |

Income Inequality Is The Party Spoiler As Social Security Turns 84

Social Security is celebrating its 84th birthday on August 14. The program has shown its staying power and importance for middle-class economic security over the decades. Its benefits are particularly important for workers, who face economic insecurity during their careers. And the chance of that happening has gone up in the past four decades. At the same

The value of sustainability to business

“Treat the Earth well. It was not given to you by your parents. It was loaned to you by your children.” – Kenyan proverb According to James Cook University Australia, sustainability can be defined as the ability to “maintain healthy environmental, social and economic systems in balance, indefinitely, on a global and local scale”. Contrary

2019-08-14T07:40:04-05:00Tags: |

C. difficile now adapted to spread in hospitals

Scientists have discovered that the gut-infecting bacterium Clostridium difficile is evolving into two separate species, with one group highly adapted to spread in hospitals. Researchers at the Wellcome Sanger Institute, London School of Hygiene & Tropical Medicine and collaborators identified genetic changes in the newly-emerging species that allow it to thrive on the Western sugar-rich

2019-08-14T07:34:28-05:00Tags: |

When will the first social enterprise have a huge IPO?

In a year where we have already seen Uber, Lyft, and Zoom go public, as well as African e-commerce platform Jumia, it’s clear that 2019 is shaping up to be the year of the tech IPO. These tech IPOs are going to mint hundreds of new millionaires and the occasional billionaire. Many of these newly