Posts Tagged ‘Ceres’
At the annual Ceres conference held earlier this week, Timberland was very proud to accept the award for the Best Sustainability Report. We’re honored to receive this important recognition, particularly considering the first-class caliber of contenders we were up against, including:
Ford Motor Company
(First Runner Up, Best Sustainability Report)
Ford’s 2008-09 Blueprint for Sustainability Report addresses the fundamental challenge of sustainability and includes candid discussion about Ford’s past performance, mistakes made and how they’re working to further integrate sustainability into their business model.
(Best Small and Medium-Sized Enterprise Report)
Seventh Gen’s 2008 Corporate Consciousness Report includes focus on two key considerations for sustainable business: supply chain and competition. The report features an in-depth discussion about how the company engages with its manufacturing partners to improve sustainability performance, as well as how it uses industry collaboration to create positive change.
The fact that the Ceres-ACCA Reporting Awards program is ten years old and counting is testament itself that there is a real need for and interest in business communicating openly and honestly about its efforts to create positive environmental and social impact. We’ve drawn insight and inspiration from past award recipients, and we hope we can live up to their leadership and do the same for other organizations.
For more information about the Ceres-ACCA Reporting Awards, click here.
A report issued by Ceres this week sends a message loud and clear to for-profit business:
Start taking sustainability seriously – or else.
As energy prices rise, populations grow and resources become increasingly constrained, the report explains, sustainability strategies are no longer a “nice to do,” but rather a critical business necessity – and a factor in determining success.
“Sustainability performance is fundamental for business success in the 21st century,” said Mindy S. Lubber, president of Ceres, which published the report, The 21st Century Corporation: The Ceres Roadmap for Sustainability. “If businesses deepen their efforts to solve social and environmental threats, it will position them to innovate and compete in the fast-changing, resource-constrained global economy.”
The report provides a roadmap of sorts for integrating sustainability into every aspect of business, focusing on 4 distinct areas: governance, stakeholder engagement, disclosure and performance. It also calls for significant performance improvements from companies by 2020. Among the report’s 20 key expectations for companies:
- Make energy efficiency and renewable energy the foundation for company operations
- Design and implement closed-loop systems so that air and wastewater emissions are eliminated and zero waste is produced
- Dedicate 50 percent of research and development investment to developing sustainability solutions
- Compensate and provide incentives for top executives and other employees to drive sustainability into the business
The good news is that many companies already recognize the challenges outlined in the Ceres report, and are incorporating them into their business planning. Further good news? Given the best practice examples the report includes, along with the clearly-defined roadmap for implementation, companies that are currently lagging behind can quickly and easily become educated, inspired and on their way to greater sustainability.
More information and report downloads can be found at www.ceres.org.