Good for employees, good for the worldIf you want to make a positive impact on the environment at scale, I firmly believe that one of the best ways to practically make a difference is to focus on economics. Not enough people are simply motivated by morality. Otherwise, we wouldn't be where we are now with the climate crisis. It's not like this is an unknown problem with unknown solutions. But if you're struggling to afford groceries, you're not going to pay more for regeneratively farmed food. Similar issues exist in areas like energy and clothing, among others. That's not to say supporting the environment always has to lead to higher costs. There are plenty of ways to save money with basic principles like reducing waste. But in many cases, it does lead to higher prices. One of the ways that businesses can tackle this problem is by more directly integrating workforce sustainability (e.g., providing stable, living wage jobs with upward mobility) into social and environmental sustainability. Take Torani, a drink syrup company that hasn't had a single layoff in its nearly 100 years of existence, while growing at 20%+ annually for the past 33 years. As the company looks to deepen its environmental and social impact efforts, it's drawing on its engaged workforce. There's a virtuous cycle of taking care of employees who have the mental and economic bandwidth to take care of the planet, rather than being so stressed at work and with their personal finances that they can't help others. In other words, if you want to make a positive impact on the world, you need a strong foundation. For yourself, you need to make sure you're taking care of your mental and financial health to be able to sustain your sustainability efforts, not burn out. And for your company to make a positive impact on the world, you need to make sure you're also taking care of your employees.
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Sustainability is more than a buzzword. For businesses, it can be a differentiator. But what does this look like? My newsletter covers stories of companies succeeding because of their commitment to sustainability, and it can help you learn clear ways to implement similar practices in your own business.
Content from Expo West, GreenBiz 25, and more! I'd apologize for the gap from my last newsletter to this, but given that everyone's so busy, maybe less is more. That said, I haven't been twiddling my thumbs but rather getting more into the mix at live events, like Expo West (a natural foods/CPG products show) and GreenBiz 25 (a major corporate sustainability conference). What I've been hearing and seeing is some pessimism and pullbacks on talking about sustainability, but I don't think the...
Escaping the sustainability trough of disillusionment Progress isn't a straight line forward, and right now, the sustainability movement is in a bit of a rough patch. For instance, nearly half of the companies that report on emissions targets through CDP are falling short of their goals, according to Bain. At the same time, many CEOs are dialing back on sustainability priorities, shifting focus to issues like inflation or emerging technologies like AI. As Bain notes, we're in the "trough of...
5 Sustainability Predictions for 2025 Let's face it: 2024 was rough on many fronts for sustainability professionals and advocates. But progress isn't a straight line forward. Babies have sleep regressions. The S&P 500 is up around 25% in 2024 but had a downturn of around -8.5% in August. Championship teams often go through mid-season slumps. And while I don't think 2025 will be perfect, I do think the private sector will step up...not necessarily from the goodness of their hearts always, but...