Appearance of Conflict of Interests Poses Reputational Risks

Just prior to Senate testimony by JPMorgan Chase CEO Jamie Dimon, Senator Bernie Sanders announced that more than $4 trillion in near zero-interest Federal Reserve loans and other financial assistance went to the banks and businesses of at least 18 current and former Federal Reserve regional bank directors in the aftermath of the 2008 financial collapse. This...

In Bed Together: EDF & the Walton Family

Since 2004, the Walton Family Foundation has given EDF (the Environmental Defense Fund) more than $53 million. Last year, the foundation’s donations totaled an astounding 15 percent of EDF’s budget, or $13.7 million. This news generated a front page New York Times business section story under the headline “Unexpected Ally Helps Walmart Cut Waste.” EDF...

Struggling to Keep Up With Green Product Demand

A new survey by the consulting firm Accenture finds that consumer demand for green products is outpacing supply. While price premiums for green products have not disappeared, one-third of the businesses in the study said they could not keep up with customer demand for sustainable products and services. The survey of 250 senior executives in the U.K., U.S.,...

The Key to a Sustainable & Resilient Economy

On June 11–13, 2012, the American Sustainable Business Council (ASBC), a national public policy and advocacy organization, is bringing more than 125 innovative and triple bottom line business leaders from across the country to meet with at the White House with senior administration officials and congressional leaders at its Business Summit for a Sustainable...

Ending Our Obsession With Growth & Productivity

We’ve designed an economy that is dependent upon endless growth. We’ve also designed an economy that generates incremental profits by constantly increasing productivity. One of the reasons we’re now experiencing a “jobless recovery” is that large companies keep figuring out how to be more productive using less people. Endless growth is unhealthy and...

Notes from the 2012 UN Social Innovation Summit

There is something awe-inspiring about being at the United Nations. One recounts the historic events and world-renowned decisions made here. Whatever is discussed here is given heightened importance due to this venerable venue. It’s an ideal place for a discussion on social innovation. That’s just the conversation that took place May 30-31 at the 2012 UN...