The sustainability of business: An example of a consulting organization helping companies move toward sustainability
McKinsey is an international consultant to companies large and small in every sector of the globe and across many industries in its 90 years of existence. They help organizations across the private, public, and social sectors create Change that Matters. McKinsey partners with clients to transform their organizations in the ways that matter most to them, building capabilities that help organizations and people to thrive in an ever-changing context.
McKinsey helps companies more toward sustainability and practice what they teach. They have achieved a carbon-neutral footprint since 1918. The brief video is an example of this practice in Amsterdam:
McKinsey has more than 2,000 projects with 800 clients in 70 countries. Their goal is to weave sustainability and societal impact into all facets of their client work. See what the company is doing to help a barrio community in Buenos Aires develop successful recycling.
Visit the link below to see what this company is doing to help companies to work toward sustainability. McKinsey on Sustainability.
Social Responsibility A third piece of the triple bottom line is achieving social equity: what a company is doing to contribute to the betterment of society.
McKinsey helps companies plan to have a positive effect of their social context. here is a link to their report on :helping to create a positive, enduring change in the world: 2019 Social Responsibility Report.
lOOK AT THE mCkINSEY PAGES ON CLIMATE CHANGE. CLICK HERE.
This is aimed at participants in the area businesses who value moving toward a sustainable future. An organization has formed in Southeast Michigan to become a network called the Southeast Michigan Sustainable Business Forum (SMSBF).
In an op-ed the executive director of the SMSBF criticizes the economics of 18 century thinker Adam Smith and its resurrection in the economic policies of the Reagan Era and continuing to be popularized by Ayn Rand. The "invisible hand" of balanced supply and demand will of its own pursue not only the best interest of the businessman, but also the common good of society.
Mike Shesterkin writes, "The market place is a thing invented and controlled by human beings, and in this age of consumerism, it is predicated upon exploiting the animal side of our nature; to think it ought to be used to decide what’s good for all is simply asinine. It is what science is teaching us about nature; the emergence of the “phenomenon of human beings” and our place in the cosmos that ought to be used to guide our understanding of what’s best for the commonwealth, and at a practical level, how we organize business, which is simply the way in which we organize work."
And so, truly sustainable businesses aim at the triple bottom line.
The next virtual event of the SMSBF will be a discussion on paid sick leave. Join them as they welcome Aisha Wells of Mothering Justice, Peter Ruark of the Michigan League for Public Policy and others for what promises to be a dynamic discussion about what it will take to enact effective paid sick leave policy for Michiganders. August 27, 7 p.m. Registration is free.
The SMSMF web page is a resource for learning what businesses are doing and can do (and why) to create triple bottom line value.
Here is a list of the latest posts on the SMSBF web page: