The 11th Annual Summit by Canadian Business for Social Responsibility brought together an international panel of leaders to address how corporate social responsibility practitioners can lead their companies onto a transformational path. Keynote speaker John Elkington showed how enterprises can set and achieve bold goals that touch their core business while addressing systemic societal risks and challenges.
A large scale study comparing Canadian companies to their world peers finds Canada leads in capturing cost reduction from sustainability initiatives but lags global leaders in driving profitability through collaboration. Broader collaborations with customers, suppliers, government and policy makers may be a key to unlocking the next phase’s rewards.
Some of the biggest CEOs in Canada come together for the Walmart Green Student Challenge. I took this rare opportunity to ask them: Where is sustainability going for Canadian industries? Walmart, Coca-Cola, and Unilever already share best practices for their common goals in sustainability. Now they want to see more suppliers come on board.