Inform Corporate Strategy NEW BITC GREEN LEAD
Dr Alan Knight will join the business-led charity Business in the Community (BITC) this month as its environ- mental sustainability director. As part of his role, he will
be responsible for BITC’s established environment campaigns, including the Prince’s Mayday Network, START and ways2work. Dr Knight has nearly 20 years’ experience working with businesses and gov- ernments on sustainability and for nine years he was a commissioner with the Sustainable Development Commission. He has also worked with companies such as Virgin Group, B&Q, Kingfisher, SABMiller, Coca Cola and Body Shop. “Alan has the passion, experience and proven track record we are looking for,” said Stephen Howard, BITC’s chief executive. “We wanted an individual who under- stands the huge business opportunities associated with environmental sustain- ability and the very real risks associated with climate change, resource depletion and loss of biodiversity.”
Investor expectations revealed
Document details expected climate change response
The world’s largest investors have issued a document detailing their expectations of how business should respond to climate change – the first time a unified global investor voice has been heard on the issue.
Co-ordinated by three leading investor groups on climate change, the US-based Investor Network on Climate Risk (INCR),
European Institutional Investors Group
on Climate Change
(IIGCC) and the Investors Group on Climate Change (IGCC) in Australia and New Zealand, the document outlines seven steps investors expect companies to take to minimise the risks and max- imise opportunities presented by climate change policy.
By moving beyond disclosure
and outlining clearly the areas in which investors expect to see companies take action, the guide- lines provide a platform from which investors can monitor the performance of companies and engage with them to encourage positive action.
Investors are already taking action by monitoring alignment
Unified global investor voice: the joint statement
with their expectations through initiatives
But this new document will be of particular importance for com- panies in carbon-intensive sec- tors, and those who have not yet adopted carbon reduction targets. Craig Mackenzie, head of sus- tainability at the $200B Scottish Widows Investment Partnership, said: “This statement aims to ensure companies are left in no doubt exactly what investors expect of them on climate change. “Leading companies have told us that systematic energy effi- ciency measures enable them to
reduce such as the Carbon emissions and increase
profits at the same time. These guidelines spread this message, and help us identify and engage with companies which appear to be lagging behind.
“By taking action now we will protect shareholder value today, while helping mitigate the pro- foundly negative consequences severe climate change poses for the global economy in the future.” IIGCC chairman, Donald MacDonald added: “By following these seven steps companies can both reduce the impact of climate change and seize opportunities for growth.”
Community development standard launched
BSI guidance aims to embed sustainable development
A new standard has been launched to improve the quality of life for local communities.
The British Standards Institution (BSI) BS 8904 guid- ance for community sustainable development will provide a step- by-step process to help embed sustainable development in every- day community life.
Based on the BS 8900 series of sustainable development stand-
ards, BS 8904 is intended as high- level guidance to improve the cost-efficiency and effectiveness of sustainable development activities within a community.
It is hoped that fruits of sustain- able activities executed in accord- ance with BS 8904 will include: reduced environmental impacts; improved social relations, such as better social cohesion and inclu- sivity; as well as a more robust economic resilience which miti- gates risks – particularly those related to food, shelter and health.
Beneficiaries of the standard are likely to include local gov- ernments,
national and regional community support, social and environmental charities and other NGOs, sports associations, planners and archi- tects, health and education profes- sionals.
DCLG, Defra, the NHS, plus a number of local authorities helped to devise the standard.
“Recognising that progress can be made through other chan- nels beyond the business entity
is a radical departure for BSI. Communities are leading the drive for sustainable development and this pioneering standard provides a framework for generating new ini- tiatives, building support and get- ting the most from an action plan,” said Professor David Jackman, chairman of the Sustainable Communities Committee. “It’s about building community spirit and involvement, not top- down planning. Although local government may find the overall approach very useful.”
BRIEFS GRI HAS LAUNCHED THE EVENT ORGANIZERS’ SECTOR SUPPLEMENT (EOSS) GUIDE TO HELP EVENT MANAGERS REPORT ON SUSTAINABILITY www.sustainablebusinessonline.com
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