The circular economy is an economic model designed to minimize waste and maximize the efficient use of resources. Within the Triple Bottom Line (Planet-People-Prosperity) model, this approach can make a significant contribution to the Planet consideration while ensuring the company's ongoing viability and Prosperity; it also can help People feel...
Read MoreA sense of purpose is a crucial element of the well-being of any individual. Similarly, a sense of purpose can be a crucial aspect of any company’s culture and health. We like to think of a company’s purpose as being something much bigger than the company itself, something the company maybe couldn't achieve alone, something that they would...
Read MoreGreenwashing is the environmental evolution of whitewashing. Its outcome or impact is potentially devastating - in our ESG/PPP ecological balance consideration, the balance is way off as it emphasises a company's profitability (probably shorter term) at the expense of the environment and the trust of
Read MoreMost businesses do not have ESG reporting requirements; but there is increasing societal expectation that businesses will do the ‘right thing’. Considering the environmental aspect of ESG, as the impact of climate change becomes more felt and real to larger proportions of the population (rather than abstract and something people elsewhere...
Read MoreEnvironment / Planet, Social / People, and Governance / Prosperity can be, and often are, considered separately: Each of these is in itself a massive area; it's no wonder that we try to break it down into manageable chunks. But these 3 elements are actually inseparable. They form 3 key components of an ecological 'complex system'; achieving and...
Read MoreAs part of today’s rapidly evolving business landscape, embracing Environmental, Social, and Governance (ESG) principles is becoming an increasingly central part of any business’ strategy and daily actions. Beyond the traditional focus on profit, a shift is occurring both within the business community itself and society in general, which urges...
Read MoreAt last, in the Northern Hemisphere at least, summer is here😊 . It’s time to get outside, enjoy the sun on your face, swim in a lake and, for many, plan a vacation. But each year there seems to be an increasing amount of guilt associated with holiday travel. Taking a cruise, traveling by air, or firing up the family wagon are all activities that...
Read MoreLast week I participated in the ACG event – a forum for people who fund the ‘middle market’. Attendees are typically VCs, banks, investment agencies, family offices, private equity – in short anyone who has a few million to give, lend, or invest in mid-sized firms. One of the most interesting sessions was on ESG (environmental, social and...
Read MoreIn Ottawa, as a many other places in the world, public meetings are often prefaced with a short recognition that they taking place on native land. Sometimes these recognitions are quite cursory. At other times, they are quite long and well thought out. I’ll come back to this in a
Read MoreEarlier this week I participated in a conference at the historic Chateau Laurier in Ottawa organized by the Canadian Club on the future of Electricity in Canada. The message is that we need much more power and, given the long lead times, we need to start the building this capacity now. Right
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