Archive for the ‘economy’ Category
Mondelez International, the multinational snack foods giant, is developing an outcome-based sustainability framework that will use an external party to measure the impact of its $200 million Coffee Made Happy program.
Mondelez, the world’s second largest coffee company, says the arrangement with the independent third-party organization, the Committee on Sustainability Assessment (COSA), will “provide unprecedented transparency on large scale” along the coffee supply chain.
Mondelez coffee brands include Jacobs, Carte Noire, Kenco and Tassimo. COSA will evaluate the “real impact experienced by farmers on the ground” of the Coffee Made Happy program. Program objectives aim to measure how Coffee Made Happy is achieving its objectives to improve farmers’ business and agricultural skills, increase farm yields and “engage young people and women in coffee farming so as to empower one million coffee entrepreneurs by 2020.” Read the rest of this entry »
Except for a small but mostly insane group of climate change deniers, it’s generally acknowledged that the globe’s climate is at risk—therefore how companies assess the financial impact of climate change in their risk portfolios should be an important consideration, both for their operating models and bottom lines. Seems logical, right?
Maybe not so logical it seems. Ceres, a nonprofit advocacy group that focuses on corporate sustainability, contends that not many companies believe climate change will have a material impact on their business. “Roughly half of the 3,000 biggest publicly traded companies in the U.S. say mum’s the word, reporting zilch in their annual filings to U.S. regulators,” it says. Read the rest of this entry »
The continuing discussion about what Gross Domestic Product (GDP) should include in order to more accurately reflect the scope and health of the economy has entered a new and intriguing dimension.
From across the Atlantic comes this question: Why not include prostitution and drugs in GDP calculations, as Italy and the United Kingdom have done? After all, those are economic activities, right?
The U.K.’s Office of National Statistics announced that paying for drugs and sex adds about £10 billion ($16.7 billion) a year to the economy. So, the British government is now including prostitution and narcotics sales in its official GDP statistics.
While illegal activities are a small part of the U.K. economy—only 0.7 percent—according to the government’s estimates, the reason for the inclusion is to harmonize economic reporting across the European Union. Read the rest of this entry »
Matt Ridley, the UK author, journalist and member of the House of Lords, recently asserted in a Wall Street Journal article that the “world’s resources aren’t running out.” Well maybe, sorta. If you are into the mental gymnastics of conservative doublethink.
I could not let his piece pass without providing, shall we say, a different and more intellectually honest (I hope) viewpoint.
He asks: “How many times have you heard that we humans are ‘using up’ the world’s resources, ‘running out’ of oil, ‘reaching the limits’ of the atmosphere’s capacity to cope with pollution or ‘approaching the carrying capacity’ of the land’s ability to support a greater population? The assumption behind all such statements is that there is a fixed amount of stuff—metals, oil, clean air, land—and that we risk exhausting it through our consumption.” Read the rest of this entry »
Welcome to the New Year, same as the old year—in much of corporate America and the Republican Party.
A recent HBR Blog item by Peter Cappelli notes it was not all that long ago that companies worried about whether their employee practices were fair. “One of the functions of human resource departments was to advocate for the interests of employees.”
That was a long time ago in galaxy gar, far away. Shareholder activism as well as court cases sympathetic to shareholder interests have meant that the vast majority of companies pay more attention to maximizing stock prices, often at the expense of their employees. Read the rest of this entry »
As this infographic courtesy of AutoPawn indicates, maybe you can’t have everything—at least not yet.
Guest post by Danielle Nierenberg, co-founder of Food Tank: The Food Think Tank
The United States is one of the world’s biggest users of water: many Americans use as much water as about 900 Kenyans. Water resources in the U.S. are shrinking. In the last five years, water shortages have occurred in almost every part of the country, including the worst drought in at least 25 years that hit 80 percent of the country’s farmland in 2012. Even worse, the damaged land won’t fully recover this year and at least 36 states are expecting local, regional, or statewide water shortages, even without the impact of drought.
The Natural Resources Defense Council expects water scarcity to affect the American South, West, and Midwest the most. Fourteen states in these regions already have “extreme” or “high” risk of water scarcity. Arizona, Florida, Idaho, Nevada, and Texas face the most danger because they are expected to see some of the largest population increases by 2030. Read the rest of this entry »