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In This Issue
Editor's Note
Cramer on the Future of CSR at the Board Level
In part two of his series on sustainability in the boardroom, BSR President and CEO Aron Cramer offers his perspective on how board engagement is likely to evolve in the years to come. Cramer—who writes that “the path forward should include both ‘hard’ and ‘soft’ governance mechanisms”—examines a mix of approaches.
Don’t miss his feature last week, on how board roles and responsibilities, structure, and composition can influence a company’s approach to sustainability.
From the boardroom to the executive office: We also hear from Best Buy’s CEO on his “burning, passionate” belief about sustainability.
And we offer highlights from BSR’s latest report on the opportunities to improve the environmental performance of for ports and terminals— and supply chains as a whole.
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In Depth
Boards and Sustainability: A Look Ahead
By Aron Cramer, President and CEO, BSR
In part two of his series on CSR at the board level, BSR President and CEO Aron Cramer offers his perspective on how board engagement on sustainability is likely to evolve in the years ahead. Part one of his series covered board roles and responsibilities, structure, and how the composition of the board influences the company’s approach to sustainability.
Read more →
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Toolbox
Improving the Environmental Performance of Ports and Terminals
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BSR’s new report—supported by the Rockefeller Brothers Fund—highlights the risks and opportunities associated with improving the sustainability performance of ports and terminal operations, a part of the supply chain often left out of broader supply chain sustainability efforts.
Key findings include:
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Ports and terminals are facing increased pressure to improve environmental performance based on community expectations, new regulations, and demands from shippers and carriers looking to their supply chains to achieve sustainability targets.
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To measure environmental performance, terminal operators need a single-assessment framework that covers the full spectrum of material issues and aligns with other supply chain efforts.
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A common framework for collecting and sharing data will improve efficiency among business partners, support a clear understanding of expectations, and allow terminal operators to benchmark their performance against their peers.
BSR will be working with terminal operators, port authorities, ocean carriers, shippers, and other stakeholders to develop a framework and pilot the project in Southern China.
For more information, contact Raj Sapru or Laura Ediger.
On the Record
Best Buy CEO: Sustainability Will Drive ‘More Robust Outcomes’
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In his recent keynote address at the Boston College Corporate Citizenship Conference, Best Buy CEO Brian Dunn discussed the company’s new sustainability strategy, which includes four key elements: creating an inspiring workplace, driving greater product stewardship, developing new solutions for sustainable lifestyles, and creating greater access to digital connections.
In the highly competitive consumer electronics industry, Dunn sees sustainability as a key business differentiator and the means by which consumers can connect with the company’s employees:
“Wall Street doesn’t care unless it leads to a better outcome for the business, but my burning, passionate belief is that sustainability is going to drive our business toward better and more robust outcomes. That is my hypothesis, that’s what I tell my board of directors, that’s what I tell our shareholders, that is what I tell anyone who will listen.”
—Brian Dunn, CEO, Best Buy (April 11, 2011)
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