Sustainable and Socially Responsible Investing - SeattleThis is a featured page

-Employees need to take interest in ensuring investments are sustainable and socially responsible
-why not?
-not accessible
-awareness of investing needs for employees.
-barriers to socially responsible investing becoming more mainstream.
-education, taking ownership of the investment.
-not process for getting involved / having a say in where your investment goes.
-other options
-investing in local community.
-organic farm
-investing in a land trust

-challenge: current investment options may not be best model for balancing individual freedom vs public good.


Bringing Stakeholders to Sustainability

-if can’t get stakeholders behind change, can’t sustain the change anyway.
-half U.S. society doesn’t want to believe there’s a problem
-e.g. China: 20,000 energy hog companies ordered to stop operating in 2-3 months.
-U.S. has challenge with idea of freedom. Individual freedom vs. public good.

-definition of stakeholders: management, employees, environment, investors, customers, decision makers, suppliers, legislatures, community.


-problems: too many people on the planet with limited resources.

-what’s the most effective way to engage with stakeholders?
-challenges: wide array of how you can approach it
-range of costs
-how get meaningful input into corporate strategies
-what’s best fit for the company
-what are the right issues to tackle

Challenge: creating a sufficient sense of crisis for stakeholder action
-prioritizing most effective/meaningful issues within organization
Design Section:
Process for engaging stakeholders: shareholders, customers, employees, management, suppliers, environmentalists, government, community
Companies: put priorities in mission.
-create awareness around sustainability
-long term investments.
-Marketing: quantifying the eco-value: affects customers, employees, environmental advocates, monetary benefactors
-Partnerships: with env. advocates, government
-Education: of customers, employees, suppliers, env. advocates, community
-Financial return: affects shareholders, employees, management, suppliers
-Stewardship: affects shareholders, customers, environmental advocates, community, monetary benefactors
-New business models: customers, employees, management, env. advocates
business case for sustainability: financial case and case for risk management.
barriers: lack of knowledge, lack of money, lack of incentive, lack of understanding of stakeholders
Actionable next steps: acquire metrics to engage stakeholders, get employee buy-in, identify stakeholders, find financial advantage, identify competitors, design process/systems/product/ systems, test prototype.
Examples: Climate Corps Fellowship Barriers


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wasah3
Latest page update: made by wasah3 , Aug 10 2010, 6:09 PM EDT (about this update About This Update wasah3 Edited by wasah3

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wasah3 Solutions to current investment options: 0 Aug 10 2010, 3:01 PM EDT by wasah3
Thread started: Aug 10 2010, 3:01 PM EDT  Watch

-how far can you ask business to go given the current system. When are you asking too much of business when gov’t community isn’t stepping up
-if it’s not happening in business, it’s not happening in government
-is it really up to businesses to lead versus the community and individuals?
-if consumers demand it, then businesses do it
-did REI buy green energy because of consumers or why?
-no org. can go too far out in front, otherwise it risks losing totally?
-give and take with consumers and businesses
-as we think about investments, what are we looking for?
-too hung up on measuring financial return, not enough on social and environ. Retrun.
-want connection. Personal gain in outcome of what business is doing. Appreciate value and good it brings to society. Don’t believe it costs any more.
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wasah3 Notes from first conversation 0 Aug 10 2010, 2:04 PM EDT by wasah3
Thread started: Aug 10 2010, 2:04 PM EDT  Watch

Optyva:
Ecosystem drives the change. All stakeholders need to be invested in making progress. Collaboration and enablement.
-Roadblocks
-lack of connection to customer
-surveys
-connection through technology
-how does technology play a role in getting feedback? Communication and connections
-online feedback
-feedback to the supplier
-how do you go back to supplier’s supply chain.
-then go back to manufacturer. Look at one product holistically.
-quantifyable
-feedback from customer- packaging supplier: here’s something that consumer cares about
-through technology can engage consumer through company to make change further back in the supply chain
-without consumers voice, without supplier making the change, wouldn’t happen. Need to bring everyone together.
-utilizing technology to get quantifyiable info to make change.
-how engage government? Ask for more regulation?
-collaborate.
-bring various stakeholders to the table. Environmental group / public




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