The notion of sustainability and "Green" today is expanding, and I think must go far beyond reducing the impact of operations, remaking brands, educating stakeholders, and developing new environmental technologies and strategies. I believe the concept of greening/sustainability must now also encompass what a company does in the community to better the environment.
The greenest companies, the most socially responsible companies, are those that combine operational and community greening. Environmental advocacy, charitable contributions, volunteerism, green nonprofit board service???these are important (yet often overlooked) elements of a comprehensive approach to corporate environmental responsibility and sustainability.
I like the viewpoint espoused within a new research study ??? The Green Effect. Published by LBG Associates, the report presents a redefined view of corporate environmental responsibility/sustainability that mandates the inclusion of community involvement. It really opened my eyes to the full scope of a company???s impact in the green arena???and it includes a great tool that allows companies to rate their environmental performance in both operations and in community affairs. This type of approach dovetails perfectly with the triple bottom line impact (people, planet, profit) most companies are aiming for.
FYI - An executive summary of The Green Effect report is at http://www.lbg-associates.com/15.html.
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