August update: A Distinguished Case Study, Master Teacher Recognition and Discussion and Tour of Grand Isle, LA.

Sid Wainer & Son: a Growing Realization, a case study coauthored with recent UMass Dartmouth Honors graduate Nicholas Vardaro, has not only been accepted into the proceedings of the Academy of Legal Studies in Business (ALSB), it also won a Distinguished Proceedings Award!

Those who went to the 2011 annual conference of the ALSB had the privilege and pleasure of attending the Environmental Law & Sustainability Section (ELSS) and Ethics Section joint luncheon.  Dr. Dean Moosavi presented slides and data on not only the BP oil spill and the ensuing clean-up, but the longer-term issue of subsidence of coastal Louisiana.  Dean took a few of us on a fascinating tour of the beaches of Grand Isle, where he helped with remediation.

Finally, our first-in-the-world A-level G3 sustainability report by a university and a synopsis of some of the assignments and material in our course, MGT600: Business Law and Corporate Responsibility, was the focus of my 35-minute presentation in the Master Teacher Symposium.  Thank you, ALSB, for the red alabaster apple!

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Net Impact UMass Dartmouth attains gold status!

Net Impact UMass Dartmouth recently attained gold status, placing us on a list of the top 25 graduate chapters in the world.  Net Impact is a global organization whose student and professional members make the world better through their careers.  Local coverage here. Congratulations to our members!

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ALSB ELSS

ALSB ELSS.

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May 25 Webinar registration info

This is the next online forum in which I’ll be speaking – with registration info, etc.

This is their official announcement:

LEARNING BY DOING: Measuring Campus Sustainability

Wednesday, May 25, 2011

11AM-12:15PM EDT

ISOS Group, an international sustainability consulting group and certified trainer for the Global Reporting Initiative (http://www.globalreporting.org), will be hosting a webinar focused on the potential for sustainability reporting, rating and ranking tools to empower and educate students, the next generation of sustainability leaders. While the primary purpose of these tools is for the measuring, comparing, and advancement of campus sustainability, collaboration with curriculum development and students themselves provides a powerful tool for student learning.

The webinar will include perspectives from three panelists with an extensive group question and answer session. We are hoping to highlight both specific examples and general insight on how students can become a part of the sustainability measurement process. The webinar will explore barriers to the measurement and reporting of campus sustainability, along with success stories and benefits of student involvement in the removal of such obstacles.

Our guests are:
- Sally DeLeon, Measurement Coordinator, Office of Sustainability, University of Maryland
- Adam J. Sulkowski, Assistant Professor of Business Law, University of Massachusetts | Dartmouth
- Meghan Fay Zahniser, STARS Program Manager, Association for the Advancement of Sustainability in Higher Education

Interested professionals as well as faculty, administration and students from colleges and universities nation-wide are invited to join us.

Registration is available online: https://www3.gotomeeting.com/register/293944758
———
Paul Coraggio, Operations Intern

ISOS Group, LLC | http://isosgroup.com
sustainability reporting | external assurance | GRI certified trainings
phone: 646 584 9275
email: pcoraggio@isosgroup.com

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End-of-April update: what do The Royal Wedding, NACUBO, ISOS Group, Earth Day, and UMass Dartmouth have in common?

April 2011 – what a month!  In typing this update, I realized that there’s a connection between organizations with whom I’ve been involved and the world’s big marital news story of the week: The Royal Wedding of HRH Prince William and Kate Middleton, specifically by way of one of the parents of the groom.  Here goes:

On April 5th I spoke at the National Association of College and University Business Officers (NACUBO) Smart & Sustainable Campuses conference at the University of Maryland at the suggestion of Bob Eccles of Harvard Business School, who is co-author, with Michael Krzus, of One Report.  If you have not heard of sustainability reporting or integrated reporting, I recommend their succinct 3-minute video intro to their book and the concept of integrated reporting and checking out the website of the International Integrated Reporting Committee (the IIRC).

What’s the connection to The Royal Wedding, you are wondering?  Well, it so happens that IIRC’s website features video commentary in support of integrated reporting from none other than the father of the groom, HRH Charles, Prince of Wales, who has started his own Accounting for Sustainability Project.

Take your pick: you can watch Prince Charles speak about sustainability reporting in his address to the World Congress of Accountants 2010 at the IIRC website (also here on YouTube) or this podcast of my session at the NACUBO Smart and Sustainable Campuses conference.  Or enjoy both!

Incidentally, though the world press didn’t publicize it as much, April 20 was both our Green Campus Day at UMass Dartmouth (2 days ahead of Earth Day 2011), where I had the great honor of being keynote speaker, and it was the day I turned 37.  Note to my students: beat my time in this year’s Boston Marathon – 2:53 (816th of 26,895 official runners on April 17, 2011) and then you can call me old.  The topic of my talk at our Green Campus Day?  You guessed it: UMass Dartmouth’s Sustainability Report – the first in the world by a university to achieve an A level of compliance with the preeminent standard for such reporting: the GRI’s G3 standard  (specifically, I opened a discussion of what we hope to do with our annual sustainability report, due December 2011).

Again, what’s the connection to the big marital news event of the week?  Just like the proud father of the groom, Prince Charles, and Bob Eccles and Mike Krzus, we at UMass Dartmouth hope our reports start to clarify the connections between our environmental and societal impacts with economic consequences and our financial performance, and that our reports become more integrated with various organizational functions and that they help in making wise decisions).

Finally, looking to the near future: on May 23-25 I’ll be speaking at a conference at Università degli Studi di Messina in Sicily and May 25 I’ll be taking part in a webinar hosted by the ISOS Group.  Both conversations will relate to sustainability reporting.  This summer I’ll also be conducting a seminar on sustainable business at the Warsaw University of Life Sciences and attending the Academy of Legal Studies in Business Annual Conference in New Orleans, Louisiana.  Stay tuned and stay in touch!

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End-of-Feb-2011 update: thank you Cal Poly San Luis Obispo, CRD Analytics, GRI Focal Point USA, and folks in the media!

THANK YOU, CAL POLY SAN LUIS OBISPO!  A big THANKS to the students, faculty, and other community members of California Polytechnic San Luis Obispo‘s Orfalea College of Business for their warm hospitality and pleasurable discussions of how sustainable business practices can make companies more competitive.

CRD ANALYTICS + OUR MBAs = ANOTHER WORLD FIRST: in recent weeks our MBA students became the first in the world to use CRD AnalyticsSmartView360 as part of an assignment integrated into our course, Business Law and Corporate Responsibility.  SmartView360 is an investment analytics tool that rates and ranks companies based on financial, environmental, societal, and governmental information.  Our students are testing hypotheses regarding the connections between CSR performance and reputation and company stock performance, as well as trying their hand at managing funds of stocks based on CSR news and data.

WEBINAR WITH GRI FOCAL POINT USA’s MIKE WALLACE: thank you Net Impact and GRI Focal Point USA‘s Mike Wallace for a great discussion of CSR reporting using the GRI‘s framework on February 11.  If you want to hear it, sign-up with Net Impact and listen to it here.

THANKS TO ALL THOSE RESPONSIBLE FOR THE FOLLOWING COVERAGE OF OUR RESEARCH on the connection between companies’ green reputations and the happiness of their employees!  Here’s a sampling of the latest:

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Times of India, Science Daily, Others Cover Our Research

The Times of India and Science Daily are among news sources citing to our research on the link between companies’ green reputations and their employees’ morale!

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2011: Off to a Media Splash : )

In case you missed this: our global first in the arena of sustainability reporting got some coverage by Cindy Mehallow in a major CSR blog: Triple Pundit; our sustainability report was also highlighted in this CSR Minute video from 3BL Media.  Finally, you can see what a colleague and I did in some spare time in June on pages 10-14 of The UMass Dartmouth Magazine.  Here’s to maintaining the momentum behind expanded sustainability reporting in 2011!

Speaking of momentum: here’s an announcement coming this Monday, January 31 at the NYSE.  Here’s another.  Both have a link to the live webcast.  If you’re going, see you there!  If not, hope you can check in with us.

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2011: Here’s to Epic Win-Win-Wins!

So it’s 1/1/11… we should start the year getting inspired, right?  Taking stock of trends, where we are, where we want to go this year (and beyond), setting our goals, and getting our bearings.

During my New Year’s Day jog listening to 90.9FM WBUR, the show, On the Media, from NPR, provided an unlikely source of inspiration in the following statistics on video games that otherwise would have depressed the heck out of me: 5.93 million years – according to Jane McGonigal, that’s how much time has been spent by gamers on World of Warcraft (since its release in the mid-1990s).  10,000 hours – that’s the average amount of time spent gaming by someone by the age of 21 in a country with a strong culture of video games.

Even if we question those figures or other content of Jane McGonigal’s presentation at TED, her main thesis is fascinating and may be a reason for hope and inspiration.  What if the world’s toughest problems (including challenges related to sustainability, the topic of this blog and most of my research) were somehow presented as problems that could be solved in a context similar to that of online video gaming?  What if the rush of an “epic win” in solving a vastly complex problem (like that of World of Warcraft or other popular games) could be attained by spending time on challenges that actually mattered (like figuring out how to provide for our present needs without undermining our ability to provide for our needs tomorrow)?  This seemed hard to imagine – but watch the end of McGonigal’s presentation: there are some very clever ways this idea has been implemented and they have yielded some positive outcomes.  For example, one game asked players to figure out how they’d conduct their lives if oil and gas became much more expensive or unavailable – apparently this led to changed habits in their daily lives that persisted past the period in which they were playing the game.  In another game, players apparently came up with hundreds of policy solutions to another problem.

Also featured in the radio broadcast (transcripts and MP3s available at www.onthemedia.org) were the ideas of Jesse Schell, who similarly sees elements of digital gaming creeping into our real lives.  For example, what if we earned points when sensors in our shoes detected that we had walked more than a mile during the day, or when we purchased a healthier menu item, or took public transit?  We (or a lot of us) already spend a lot of time and effort and money trying to score those “epic wins” in completely imagined alternate realities, so why not use existing technologies to compete for points given our behavior in everyday reality?  Further, wouldn’t it be in the interest of both businesses, such as health insurance companies, and good public policy, to have people voluntarily competing to see who can live healthier or more sustainable lifestyles?  Given the investments of time and effort we compulsively make in video games, isn’t there potential here for epic wins in terms of profits, epic wins in terms of quality-of-life, and epic wins in terms of sustainability?  Yes, it may be disconcerting that the same approach could be used to award us for buying more of things that are harmful to us, and some may see other potentials for abuse.  However, we’re getting used to the idea – and sometimes acquiescing to the fact – that our locations and purchase and Web-browsing behaviors are already tracked by companies.  It therefore seems inevitable that someone will follow-through on Jesse Schell’s vision and that some people will try out such games that reward us for behavior in the real world.  Jesse Schell’s presentation at DICE is well worth watching for other great ideas and reasons for hope.  Clint Hocking is also featured in the program – in 2008 at a game developers’ conference he challenged designers to come up with games that mattered.

So here’s hoping for epic win-win-wins in 2011!  Could it be that some of the answers to our toughest problems may turn out to be a matter of fun and games?

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Recyclable artificial Christmas trees: really? Not yet on the market?

Whether you celebrate Christmas or not, you may find this interesting and/or an intriguing business opportunity, just when you may have thought it was too late to come up with your own green business: it looks like no company is (on a large scale) producing and selling easy-to-recycle Christmas trees?  The New York Times Blog on Energy and the Environment contains content that explains why the use of real, cut trees has a lower environmental impact than artificial trees, due partially to the fact that artificial trees are made from difficult-to-recycle polyvinyl chloride (PVC).  Ideas on how to reuse a ragged artificial tree are available at a site called DollarStretcher.com and here at eHow.  Conversely, you might prefer to not pay anything for your tree and reuse materials (glass, plastic, or others) to build your own tree – WebEcoist has some examples of what people have improvised.  Or, you just might be the first to think of a way to mass produce and sell a tree for the mainstream market that is made from a variety (or varieties) of plastic that is (or are) more easily recyclable.  Happy holidays!

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