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  • Flickr image by Brent Flanders

    Our recently released research See Change: How Transparency Drives Performance proposes a solution to the stalled state of sustainability reporting and transparency. See Change highlights three key elements that must be addressed in order to gain the most value from transparency and reporting efforts: materiality, valuation of externalities and integration. This is the second in a three-part series, which was originally published on GreenBiz, to explore those elements.

    In the first article in this series, we explored how materiality enables companies to focus their transparency efforts and leverage the value of sustainability reporting. The second important element of transparency is valuation of externalities. After identifying and prioritizing the most material issues, companies should account for externalities: the unintended indirect consequences associated with an economic activity for which the costs have not been accounted.

    Valuing externalities, such as the full cost of GHG emissions or the upstream environmental benefits of choosing a recycled material, allows a company to understand and present a comprehensive picture of its role in society and the environment. …

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  • Flickr image by Greg Foster

    SustainAbility’s recently released research, See Change: How Transparency Drives Performance, proposes a solution to the somewhat stalled state of sustainability reporting and transparency. “See Change” highlights three key elements that must be addressed in order to gain the most value from transparency and reporting efforts: materiality; valuation of externalities; and integration. What follows is the first of a three-part series that will explore those elements.

    Most sustainability reports contain vast quantities of information about a company’s environmental and social impacts. While this generally means an increase in transparency, it also has led to lengthy, costly and minimally read reports. The resources devoted to gathering data and creating narratives ultimately are not bringing enough value to companies and their stakeholders. How can we improve these reporting efforts and ensure that the powerful data and narratives in these reports are leveraged to inform decisions? …

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  • Will the vital pollination provided by bees, which is currently at risk due to Colony Collapse Disorder and other stresses, be the next big eco-system issue? Image © bob in swamp: Flickr

    On December 3, I moderated WBCSD’s US Midwest meeting, a one-day conference held in Columbus, Ohio whose theme was to “scale up and accelerate the transition to a sustainable economy, in the US and beyond.” The meeting was packed with excellent speakers, panels and working sessions on a diverse set of topics, including: ecosystem services, reporting, communicating with investors, inclusive business, innovation and business leadership.

    At the end of the day I was asked to wrap up the meeting with a “Top 10 List” of the issues that stood out most for me. I ended up with eleven key words and phrases. Much as Spinal Tap’s Nigel Tufnel’s amplifier that goes to 11 was “one louder” than most amps, my Top 10 List is “one longer” than most Top 10 lists.

    1. Responsibility. I didn’t expect this to be on my list, but it popped up several times during the day. Ohio State University President Joseph Alutto kicked off the conference by telling us that OSU has a responsibility to address sustainability in both its operations and its curriculum. One of our corporate speakers declared that it is time for the business community to step up and take responsibility for leading the transition to a sustainable economy. With most of the conversation these days focusing on the business case, it was significant to hear that responsibility remains an important motivator. …

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  • Apps like Buycott are enabling consumers to uncover details of a product’s corporate family tree and join user-created campaigns to boycott businesses that support questionable practices.

    Between traditional news channels, blogs, and social media, it can be hard to keep up with what’s happening in the field of sustainable development. In this roundup the SustainAbility team aims to cut through the noise with a handful of highlights that have caught our eye….

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  • In early July, after nearly a year of drafting and several rounds of consultations with business and civil society, the Ministry of Corporate Affairs, Government of India announced the adoption of the National Voluntary Guidelines for Social, Environmental and Economic Responsibilities of Business

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  • Sustainability challenges are enormous. Ratings can help drive attention and capital (financial, human, consumer) to those companies best positioned to address these challenges. Rate the Raters is a project that aims to make sense of the expanding universe of corporate sustainability ratings and rankings and to improve the quality and transparency of such ratings.

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  • Will certifications and labels drive the shift to sustainable consumption?

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  • A conversation between John Elkington and Jean-Philippe Renaut, leader SustainAbility’s Engaging Stakeholders Program.

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