In any corporate sustainability project, whether it is reducing greenhouse gas emissions, paper use, or supply chain waste, choosing the right key performance indicators is a critical ingredient to success. At the conference on Environmental, Social and Governance Issues hosted by the Canadian Institute of Chartered Accountants, Cathy Cobey from Ernst & Young talked about how to choose smarter KPIs.
Would a BP style disaster happen to a company you invest in? That’s a question increasingly asked by Canadian investors. A range of proposals and resolutions has been filed in the past two years by shareholders to management of Canadian companies in various industries. What do shareholders want? How does management respond? What are the trends? Let’s take a look.
Sustainability has become the second top business challenges according to a new survey of Canadian and global supply chain managers by Capgemini Consulting. 56% of companies now consider sustainability a key issue, up sharply from 34% from one year ago. Read this post on the details of the report, the key success factors to sustainable purchasing, and how to apply the 4R approach to reduce supply chain costs.
In developing climate change initiatives for your Canadian business, it is advisable to take a 360 degree look at your stakeholders and anticipate how they may respond. Five main stakeholder groups are generally applicable to climate change initiatives by Canadian businesses: (1) Consumers & Community, (2) Investors & Risk Assessors, (3) Business Partners & Competitors, (4) Rulemakers & Watchdog, (5) Idea Generators & Opinion Leaders.