Tag Archive for ‘India’
China’s extensive state censorship is just one example of the challenges that companies frequently confront when doing business globally. In an excerpt from his new book, former GE legal counsel Ben W. Heineman, Jr. examines the “recurrent dilemma” confronting businesses when a corporation’s global ethical standards collide with national law.
In an excerpt from their new book, two senior McKinsey consultants argue that rather than facing a crisis because of natural resource scarcity, businesses confront an opportunity that will reframe the world’s economy and create opportunities for trillions of dollars in profits.
A 2012 study from the University of Twente (The Netherlands) published in the Proceedings of the National Academy of Sciences, “The Water Footprint of Humanity,” quantifies water consumption and pollution for all countries, including water resources used as part of international trade, to establish a full picture of global water use.
Originally created to finance the rebuilding of Europe after World War II, the World Bank later took on a larger mandate to try to alleviate poverty around the world. Unfortunately, many of the Bank’s policies and practices in intervening years clashed with conservation priorities. But the more recent onslaught of global warming threats, along with greater overall public environmental awareness, has forced the World Bank to factor sustainability concerns into how it encourages development moving forward.
Ann Charles thinks the next generation of business leaders will require new talents and a different set of skills to successfully grow business over the next decade. A modern CEO, she writes, will focus on creating a business culture that’s expansive, mapping a social purpose to the creation of goods and services.
Harvard Business School professor Nitin Nohria has been a faculty leader of the movement to adopt an MBA Oath, a voluntary pledge for graduating and current MBAs to “create value responsibly and ethically.”
Hopes were high that international negotiators in Copenhagen last December would be able to hammer out a strong agreement to once and for all take the climate beast by the horns and begin to reign in carbon emissions worldwide. But a new binding formal agreement was not to be, mostly because of conflicting priorities among participating countries.
Plastic bags, first introduced in the 1950s as a convenient way to store food, have since developed into a global scourge, littering roadsides, clogging sewer drains and landfills and getting ingested by animals and marine life. They are so prolific that they now comprise a significant portion of the plastic and other garbage that has collected in huge ocean gyres far from land.
It’s fascinating to watch as major global businesses engage, however imperfectly, in the process of reporting on matters that only a few years ago would have been left for legal counsel to explain and defend in courts or regulatory hearings. How should a food giant like Kellogg handle a sticky health problem involving salt? Or a supply chain issue involving peanuts?
For many in the so-called developed world, the ability to turn on the tap for clean, fresh water to drink, cook and wash with is taken for granted. The stark truth, however, is that over a billion people in the world have little choice but to use potentially harmful sources of water. What are companies doing to respond? And is it enough?