A Culture of Innovation Drives Corporate Value
July 20 | James Gregory, Chairman, Tenet Partners | Comments (0)
There are many and varied definitions of the word innovation. The word often conjures up visions of scientists in white lab coats holding clipboards, but the most successful innovations that drive business results are often small and incremental cultural innovations rather than dramatic large-scale R&D endeavors.
Total Impact Valuation: How Companies Convey their Impact on Society
July 18 | Thomas Singer, Principal Researcher, The Conference Board | Comments (1)
What if companies could put a monetary figure on the economic, environmental, and social impacts their business activities have on society? The emerging practice of total impact valuation offers the potential for companies to do just that.
Sustainability in the mainstream: Investors ESG interaction with companies
June 29 | Anuj Saush, Senior Sustainability Researcher - Europe, The Conference Board | Comments (0)
Increasing recognition of the impact of environmental, social and governance (ESG) risks and opportunities on portfolio value is driving institutional investors engagement with companies on ESG.
China’s new pollution tax – a breath of fresh air for MNCs, but with important risks to monitor
June 28 | Minji Xie, Research Analyst, China Center for Economics and Business | Anke Schrader, Senior Researcher, China Center for Economics and Business | Comments (0)
China’s new Environmental Protection Tax Law (EPT Law) came into effect on January 1. It replaces the old Pollutant Discharge Fees System. Taxation could increase, as more headroom for localities allows to set higher tax rates. Some leveling of the playing field is possible, as non-compliance and tax evasion are addressed. Supply chain costs may be impacted.
All Signs Point to Much Stronger Environmental Protection in China
June 03 | Anke Schrader, Senior Researcher, China Center for Economics and Business | Comments (0)
Last winter’s air pollution control plan in the larger Beijing area was unprecedented both in scale and intensity. The action plan was part of a much broader, central government-led effort to tackle China’s pervasive air pollution problem and significantly ramp up environmental protection efforts in general. It is highly unlikely at this point that the government will backtrack on this issue, given the long-term economic and political ramifications of doing so.
Science Based Targets – What Is It All About?
May 21 | Dr. Uwe Schulte, Leader, Global Sustainability Center, The Conference Board | Comments (1)
Science Based Targets (SBTs) for greenhouse gas (GHG) reduction are increasingly being discussed, however what they entail in detail is often not well understood.In contrast to a simple incremental approach, targets are considered ‘science-based’, if they aim at carbon reduction in accordance with the internationally agreed global climate change targets. In this blog, we want to give a very brief overview of the approach and its application.
Op-Ed: We May be Missing the Productivity Revival in the Global Economy
May 09 | Bart van Ark, Chief Economist & Chief Strategy Officer. Program Director, CFO Council: Fortune 250, The Conference Board | Comments (0)
Policymakers returned home from last month’s spring meetings of the World Bank and IMF with a clear message. The current short-term outlook provides no guarantee for sustained economic growth in the medium-term. Not surprisingly the word “productivity” therefore appears many times in this edition of the IMF’s World Economic Outlook. Productivity growth will be one of the most effective ways to prevent the recent upswing in global growth from slowing down prematurely.
An Update on the EU Circular Economy Package
April 26 | Thomas Singer, Principal Researcher, The Conference Board | Comments (0)
This month the EU parliament approved a provisional agreement revising six pieces of EU legislation on waste. The legislation is part of the EU’s Circular Economy Package, a policy initiative aimed at advancing the practice of “recycle, repair and re-use” and waste avoidance. A new report provides more details on these and other recent developments related to the EU Circular Economy Package, including some of the key implications for companies.
Will China Out-Innovate the World
April 25 | Ataman Ozyildirim, Ph.D., Director, Business Cycles and Growth Research, The Conference Board | Comments (0)
China has recognized the need to put its giant economy on a path toward developing an innovation culture, an initiative that could position it to challenge the U.S. as a global leader of innovation. But despite a massive investment in research and development, the nation faces some significant barriers to reaching its goal.