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Forcing companies to share the wealth with employees could save capitalism

Americans are working hard, but employers aren’t necessarily working for them. Now a radical idea to guarantee U.S. workers a cut of their company’s profits could one day force employers to cough up more of the wealth. While established profit-sharing and equity-ownership programs already give a financial boost to many American workers, and enjoy bipartisan

Why Opportunity Zones could be key to transforming our cities

The promise of being the base for Amazon’s second headquarters was great — so great, in fact, 238 cities jumped into the intense, year-long competition. Contenders had so much faith in the impact they promised robust urban transit systems, tax breaks, talent pipelines and infrastructure support. I saw this first-hand locally, where three counties in

Sustain the Future

In summer 2018, University of Wisconsin-Milwaukee 2019 graduate Steven Duclair returned to his birth country of Haiti for the first time since moving away in November 2007 at 12 years old. The trip lit a spark inside Duclair. “It was like me going back to Haiti and being in my community was … finding my

2019-09-16T10:35:59-05:00Tags: |

Initiative aims to bring a billion people in from the dark

Electricity could be delivered to more than a billion people currently living without it within a decade by linking up small-scale projects into a giant, environmentally-friendly network. According to a new global commission, advances in micro energy grids and renewable energy technologies could “dramatically accelerate change” and transform lives in rural areas of sub-Saharan African

2019-09-16T10:31:01-05:00Tags: |

The Ghost Workers Powering The AI Economy

Rightly or wrongly, the AI-driven world has come to typify the woes of modern economic life, as tech giants such as Facebook and Alphabet amass vast fortunes, due in large part to the huge quantities of data that users often freely provide them. Accusations of economic imbalance tend to be multi-faceted. Not only do these companies

How IoT And AI Can Enable Environmental Sustainability

Millions of electronic devices are discarded without proper disposal. Billions of dollars are wasted every year for proper disposal or recycling of used parts of discarded devices. To mitigate the issue of improper disposal of redundant electronic devices, companies like Apple use recycled materials or materials which have a low harmful impact on the environment.

2019-09-15T19:41:49-05:00Tags: |

Top 10 Ideas That Show Business Roundtable CEOs How To Create Value For All Stakeholders

We are in the process of putting into practice a new social contract between business and society. The most recent evidence is the Business Roundtable’s August announcement that 181 CEOs of America’s largest companies were committed “to lead for the benefit of all stakeholders.” As I wrote with my fellow co-founders of the B Corp movement: “While it

What’s the Right Balance of Energy, Security and Sustainability?

An energy transition is unfolding around the world. In efforts to reduce carbon dioxide emissions and air pollution, governments are installing increasing amounts of wind and solar. Since 2000, renewable installations in the power sector have risen from 20 GW per year to around 160 GW per year and now account for almost two-thirds of

2019-09-15T19:34:00-05:00Tags: |

Can Technology Drive Sustainability?

Over recent decades, it’s become clear that humans are simply using more unclean energy and resources than can be sustained over the long term This fact becomes even more apparent when looking at the remarkable growth of China and India, among other countries, which will lead to far greater demand for energy over the coming

The Hard Part of Ending Inequality Is Paying for It

Buried among the storylines about global trade and political intrigue from the G7 summit last month is perhaps the most noteworthy one of all. Business for Inclusive Growth, or B4IG, a coalition of 34 multinational companies with more than 3 million employees and revenues topping $1 trillion, unveiled an initiative to tackle inequality with help from the

6 Ways CEOs Can Prove They Care About More Than Shareholder Value

Somewhere, Milton Friedman must be spinning. Whatever they thought they were doing, the 181 CEOs who signed the Business Roundtable’s breakthrough statement on the purpose of corporations embraced a much wider interpretation of corporate responsibility—signalling the beginning of the end for the shareholder primacy cult. The pressure on business leaders to declare and deliver against a wider social

How sustainable design can transform health care

Dubbed a “sustainability superstar” by a national property awards judging panel, the $1.8 billion Sunshine Coast University Hospital is setting the standard for green health care in Australia. Just 1% of the 2000-plus Green Star buildings around Australia are in the healthcare sector. Most of Australia’s greenest buildings are offices. But if banks and law

2019-09-02T20:00:52-05:00Tags: |

How This Woman Successfully Launched An Ethical Shoe Brand With Zero Fashion Experience

Ten years ago, Bethany Tran went to Guatemala and had a transformative week that would ultimately change the trajectory of her career. Her friends had started a nonprofit that was working to break the cycle of poverty in the largest urban slum in Central America. It was her first time abroad and her first real

Creating a common language for solar

As solar comes to represent a larger proportion of the global energy mix, direct comparisons with conventional energy sources, and even with other renewables, are becoming more and more important. This is reflected in a bid by the United Nations Economic Commission for Europe’s (UNECE) Expert Group to standardize reporting on solar energy potential. Long

2019-09-02T08:20:14-05:00Tags: |

India Delivers a Case Study in Successful Impact Investing

EM3 Agricultural Services works at the muddy end of India’s ongoing story of economic growth. The company was founded in 2014 to provide smallholder farmers in India with access to mechanized equipment—not by selling it to them, but renting it, on demand, by the hour, through a platform that links them with equipment owners. The

Sustainable Investing Turns Out Not To Be As Popular As The Hype

Sustainable investing is the process of investing in sustainable companies or funds. Some people call this ESG (Environmental, Social and Governance) investing, others simply "ethical investing". Whatever the terminology, this form of investing money, usually by institutions or high net worth individuals (HNWIs: people with a net worth over $1 million), is supposedly changing the

Sedentary lifestyle for 20 years doubles mortality risk

Two decades of a sedentary lifestyle is associated with a two times risk of premature death compared to being physically active, according to results from the HUNT study presented today at ESC Congress 2019 together with the World Congress of Cardiology. Study author Dr Trine Moholdt of the Norwegian University of Science and Technology, Trondheim,

2019-09-01T19:24:01-05:00Tags: |

Top sectors for jobs in the renewable energy

With businesses and nations attempting to reduce their reliance on fossil fuels and mitigate their impact on the environment, many are turning to renewable sources of energy. Eleven million people worked in renewable energy in 2018, according to recent analysis from the International Renewable Energy Agency (IRENA). This represents an increase of 700,000 compared to

2019-09-01T19:09:25-05:00Tags: |

How Supply Chains Bridge The Gap Between Sustainability Desires And Reality

I first learned about global warming while still in college in the early 1990s. I had enrolled in “Our Home, the Solar System,” a class taught by the famous astronomer, Carl Sagan. Enrollment was limited to just 15 students, and to get in I had to write an essay. My rationale was that as a