CORPORATE SUSTAINABILITY A New Frontier. DEFINITIONS. Sustain To give support to Support the weight of Keep up or prolong To bear up under Sustaining Aiding in the support of an organization through a special fee (sustaining member) Sustained yield
Clark S. Davis, Vice Chairman – HOK, “A Green Convergence: Linking Environmental and Organizational Sustainability,” Horizons, RubinBrown, Spring 2009.
John F. Herber, Jr., Horizons, RubinBrown, Spring 2009.
Shareholders (Institutions --- Individuals)
Employees (including unions)
Other capital sources (venture capitalists)
Occupation Health and Safety
Accounting standards (FASB, IASB, PCAOB)
State & local governments
Environmental & social organizationsStakeholders U.S. Public Organizations
“… leading companies view social and environmental responsiveness as an asset and an opportunity, not as a liability or cost. They recognize that an investment in the structures and systems to ensure strong social and environmental performance often pays dividends in terms of improved process and production quality, improved production efficiency and yields, improved innovation, lower risk, improved reputation, and increased profitability.”
Marc. J. Epstein, “Implementing Corporate Sustainability: Measuring and Managing Social and Environmental Impacts.” Strategic Finance, January 2009
Mike Lewis, Horizons, RubinBrown, Spring 2009.