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Only 42% of Firms’ Boards Engaged in Sustainability Efforts

Only 42% of Firms’ Boards Engaged in Sustainability Efforts

Less than half (42 percent) of companies say their boards of directors are actively involved in sustainability, according to a survey from MIT Sloan Management Review, The Boston Consulting Group and the UN Global Compact. This is despite the fact that 87 percent of managers and executives say that boards … Read more »

Sustainability Leads to Cost Savings, Revenue Growth

Sustainability programs are producing cost savings, revenue growth, competitive advantage and environmental benefits across corporate America, writes Harold L. Sirkin, a senior partner of the Boston Consulting Group (BCG), in a Businessweek management blog. Sirkin cites a survey BCG conducted in cooperation with the MIT Sloan Management Review in which … Read more »

More Companies Profit from Sustainability, Survey Finds

More Companies Profit from Sustainability, Survey Finds

Sustainability is paying off for a growing number of companies with 37 percent of surveyed executives reporting a profit from their efforts, a 23 percent rise over last year, according to a global study by the MIT Sloan Management Review and The Boston Consulting Group. The fourth annual study, which … Read more »

North America ‘Behind Other Regions’ in Sustainability Integration

North America ‘Behind Other Regions’ in Sustainability Integration

North American companies are still lagging considerably in the integration of sustainability when compared to their counterparts in other regions of the world, according to early findings from a survey conducted by MIT Sloan Management Review and the Boston Consulting Group. Compared to companies in other countries, North American firms … Read more »

Target, Staples Use WRI Tool to Profit from Sustainability

Target, Staples Use WRI Tool to Profit from Sustainability

Target and Staples are among the companies using a new World Resources Institute tool to evaluate their sustainability efforts. The Sustainability SWOT, or sSWOT, adds sustainability to the traditional strengths, weaknesses, opportunities and threats (SWOT) analysis to help businesses translate environmental risks, like climate change and water scarcity, into opportunities … Read more »

Broad Group, Equity Bank ‘Sustainability Champions,’ Boston Consulting Group Says

Broad Group, Equity Bank ‘Sustainability Champions,’ Boston Consulting Group Says

Research by the Boston Consulting Group has named Broad Group, Equity Bank, Jain Irrigation Systems, Florida Ice & Farm and Shree Cement as its five “sustainability champions” in developing markets, putting resource management at the core of their business. The report, Handle with Care: Resource Management as a Competitive Edge, … Read more »