American cities, consumer goods companies, and retailers are facing a financial and environmental crisis: we are currently spending billions of dollars to landfill products and packaging when, instead, they could be sold to the recycling industry. These valuable commodities could be recycled, drive costs efficiency, and create jobs. There are many benefits to recycling including the reduction in manufacturing costs for consumer goods, reduction in landfill disposal costs, increased revenue for municipalities, and creation of local jobs.
Manufacturing companies rely on the knowledge and capabilities of skilled workers to keep their businesses going. As a result, manufacturers should be, and often are, proponents of programs that encourage education in the Science, Technology, Engineering, and Math (STEM) fields.
A 2014 survey of major U.S. corporations by the Pacific Institute and VOX Global found that 60% of companies believe water challenges will negatively affect business growth and profitability within five years. More than 80% said it will affect their decision on where to locate facilities. This is a stark increase from five years ago, when fewer than 20% of responding companies were concerned about water risks.
April 23, 2014 /3BL Media/ - There have been a number of papers released over the past year that share similar conclusions: Social auditing has limitations, too much money and time has been invested in to checking for compliance versus facilitating social performance, and it is time for companies move beyond compliance. This begs an important question. If the audit model is not the model of the future, what is?