The true cost of (not) going green – The business of environmental sustainability
“Businesses can play a major role in contributing to economic, environmental, and social progress, especially when they minimize the adverse impacts of their operations, supply chains, and other business relationships,” states the OECD. But what does it take to gain industry compliance with ambitious international legislative goals for environmental sustainability? And what will it mean if we fail?
In episode #16 of Campus 10178, the ESMT Berlin podcast, we speak with Heike Hess of the International Association of Natural Textile Industry (IVN) and Alyssa Jade McDonald-Baertl, a board member of the German Federation of Sustainable Economy (BNW). We discuss the great challenges of sustainability and green economy initiatives. These include encouraging a holistic approach to sustainable industry, demanding transparency in supply chain management, creating standards for green production, enforcing business compliance, and innovating for sustainable futures. Also in this paradigm shift: how we must educate diverse stakeholders on the strong business case (and the moral imperative) for going green.
- Heike Hess, Lead, International Association of Natural Textile Industry (IVN)
- IVN on Facebook
- Alyssa Jade McDonald-Baertl, Board Member, German Federation of Sustainable Economy (BNW)
- BNW on Twitter
- OECD Due Diligence Guidance for Responsible Business Conduct