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In the 21st century, the world is in need of a new type of business leader, one who asks a different question than those of the past. Rather than focusing solely on financial gain, these leaders are interested in generating benefits for the community, culture, and the living world. This requires a shift towards a circular, regenerative economy that mimics the cycles of the living world, where waste from one process becomes food for another. To achieve this, we need to work together to create ecosystems of resource reuse, where plastics, textiles, and metals are repurposed again and again. By learning from nature, which has been thriving for 3.8 billion years, we can create an economy that runs on sunlight and never uses up resources. As a student, learning about these concepts can help you become a part of this movement towards a more sustainable and equitable future.
Can we meet the challenge of feeding a growing population while preserving the environment? A new report shows that we can, but it won't be easy. Learn about the risks and opportunities for business in this new era of high and volatile prices.
Coffee is a daily ritual for millions, but did you know that it can also serve as a model for sustainability? Enter the circular economy, a concept that has been gaining traction in recent years as a solution to the linear "take-make-dispose" approach to resource use. In a circular economy, resources are kept in use for as long as possible, creating a closed-loop system that minimizes waste and maximizes value. So, how does this apply to coffee? Let's start with the production process. Coffee is grown in over 60 countries, mostly in the Global South, and is often farmed in ways that are harmful to the environment and the people who cultivate it. However, some coffee companies are embracing the circular economy by adopting regenerative agriculture practices, which involve building soil health, conserving water, and promoting biodiversity. This approach not only benefits the planet but also improves the quality of the coffee itself. But the circular economy goes beyond just sustainable farming practices. Coffee waste, such as used grounds and pulp, can be repurposed into many things from fertilizer to furniture. And when it comes to packaging, some companies are experimenting with innovative solutions, such as reusable cups and biodegradable materials. Academic experts are at the forefront of this movement, with scholars like Walter Stahel and Ellen MacArthur advocating for a more circular approach to resource usage. Stahel, a Swiss economist, is widely credited with coining the term "circular economy" and has written extensively on the topic. MacArthur, a former professional sailor, founded the Ellen MacArthur Foundation, a non-profit dedicated to accelerating the transition to a circular economy. Remember, the circular economy is not just about coffee - it's a framework that can be applied to any industry or resource. By exploring this topic, you'll gain a deeper understanding of how we can create a more sustainable and equitable world.
Have you ever wondered how businesses can make a positive impact on society while still making a profit? If you're passionate about social and environmental issues, then a career in Corporate Social Responsibility (CSR) might be for you! CSR is a field that involves companies taking responsibility for their impact on society and the environment. This means that CSR professionals work to ensure that businesses are operating in an ethical and sustainable way. They help companies to identify areas where they can make a positive impact, and work to implement initiatives that benefit both the company and the wider community. One great example of CSR in action is the partnership between Coca-Cola and the World Wildlife Fund. Together, they are working to conserve freshwater resources in some of the world's most endangered regions. This initiative not only benefits the environment, but also helps to ensure the long-term sustainability of Coca-Cola's business operations. As a CSR professional, your duties might include developing and implementing sustainability initiatives, managing stakeholder relationships, and reporting on the company's social and environmental performance. You could specialize in areas such as environmental sustainability, human rights, or community development. To pursue a career in CSR, you'll typically need a bachelor's degree in a relevant field such as sustainability, environmental studies, or business. Some popular undergraduate programs include the Sustainability Studies program at Stony Brook University and the Environmental Management program at the University of Maryland. In addition to formal education, there are certain personal attributes that can be helpful in a career in CSR. These include strong communication skills, a passion for social and environmental issues, and the ability to work collaboratively with a variety of stakeholders. Job prospects in CSR are strong, with many companies recognizing the importance of sustainability and social responsibility in today's business landscape. Some notable employers in the field include Patagonia, Nike, and Unilever. In addition, there are many opportunities to work in the public sector or for non-profit organizations. So if you're looking for a career that allows you to make a positive impact on the world while still working in the business world, consider a career in Corporate Social Responsibility. With a growing demand for sustainability and social responsibility in business, the opportunities for a fulfilling career in CSR are endless!
Want to learn how you can contribute to solving the global energy crisis? This book provides an objective analysis of the numbers and outlines a plan for change on both personal and international levels. With case studies on nuclear energy, sustainable fossil fuels, and sharing renewable power, this informative reference debunks misinformation and encourages readers to make individual changes that will benefit the world at large. Discover how you can make a positive impact and be part of the solution with this enlightening read. Recommended for students and professionals interested in environmental sustainability, energy policy, and global issues, this book offers a comprehensive analysis of the sustainable energy crisis and possible solutions. With a focus on personal responsibility and international cooperation, the book provides valuable insights for individuals, communities, and policymakers alike. It is also relevant for those interested in fields such as engineering, economics, and political science, as it offers a nuanced understanding of the technical and political challenges involved in transitioning to sustainable energy. Whether you are an activist, a student, or a concerned citizen, this book is a must-read for anyone looking to make a positive impact on the planet.
Are you fascinated by the complex systems that bring products from manufacturers to consumers? Do you want to be at the forefront of the global economy? Then studying Supply Chain Management might be the perfect fit for you! Supply Chain Management is the backbone of modern commerce, encompassing everything from procurement and production to transportation and delivery. It's the process that ensures products are delivered to customers efficiently and cost-effectively, and it's a field that's constantly evolving. One of the most exciting aspects of Supply Chain Management is the innovations being made in the field. From blockchain technology to artificial intelligence, the industry is constantly pushing the boundaries of what's possible. Leading academics like Dr. Yossi Sheffi at MIT and Dr. Hau Lee at Stanford are driving these innovations, making Supply Chain Management an exciting and dynamic field to be a part of. At the undergraduate level, you'll typically study modules like logistics management, procurement, and operations management. But there's also room for specialization, with options like sustainability in supply chain management, global supply chain management, and more. And the best part? These modules are directly applicable to real-world scenarios. You'll learn how to manage inventory, optimize delivery routes, and negotiate with suppliers, all skills that are in high demand in the industry. Speaking of the industry, there's no shortage of potential jobs for Supply Chain Management graduates. Major corporations like Amazon, Walmart, and Procter & Gamble all rely on supply chain management experts to keep their operations running smoothly. And it's not just limited to the private sector - government agencies and non-profits also need supply chain management expertise. Imagine working for the United Nations, managing the distribution of aid to disaster-stricken areas, or working for the World Health Organization, ensuring that vaccines reach the people who need them most. To succeed in Supply Chain Management, you'll need to be detail-oriented, analytical, and a great communicator. You'll need to be able to think on your feet and adapt to changing circumstances. And if you're interested in sustainability or international business, those interests will serve you well in this field. So if you're looking for a challenging and rewarding career that will take you around the world and keep you at the forefront of global commerce, consider studying Supply Chain Management.
Have you ever wondered how businesses can make a positive impact on society and the environment while still making a profit? If so, the field of Corporate Social Responsibility (CSR) might be the perfect fit for you. CSR is an exciting and meaningful field that focuses on the ethical and social responsibilities of businesses. It involves exploring how companies can act in a socially and environmentally responsible way, while still achieving their financial goals. One inspiring example of CSR in action is Patagonia, a clothing company that is committed to sustainability and ethical practices. They use organic cotton, recycled polyester, and other eco-friendly materials in their products, and they donate 1% of their sales to environmental causes. In the academic world, CSR is a rapidly growing field with a wealth of interesting research and innovation. Scholars are exploring topics such as the impact of CSR on employee engagement, the role of CSR in international development, and the effectiveness of different CSR strategies. Some notable academic figures in the field of CSR include Archie B. Carroll, who developed the CSR pyramid, and John Elkington, who coined the term "triple bottom line" to describe the three dimensions of CSR: social, environmental, and financial. At the undergraduate level, students can expect to study topics such as business ethics, sustainability, and social entrepreneurship. They may also have the opportunity to specialize in areas such as environmental management or social impact assessment. A degree in CSR can lead to a variety of rewarding careers, including sustainability consultant, corporate social responsibility manager, or social entrepreneur. Many large companies, such as Nike and Coca-Cola, have dedicated CSR departments, and there are also a growing number of startups focused on social and environmental impact. If you are interested in studying CSR, it is helpful to have strong critical thinking skills, a passion for social and environmental issues, and an interest in business and economics. With a degree in CSR, you can make a positive impact on the world while also pursuing a fulfilling and financially rewarding career.
Are you a natural problem solver, a creative thinker, and a risk-taker? Do you have a passion for innovation and the drive to make your ideas a reality? If so, then the study of entrepreneurship could be the perfect fit for you! Entrepreneurship is a dynamic and exciting field of study that encompasses all aspects of starting, managing, and growing a successful business. From identifying market opportunities to developing innovative products and services, entrepreneurship is all about creating value and making a positive impact on the world. At the forefront of entrepreneurship research and innovation, you'll find some of the most inspiring academic figures like Steve Blank, Eric Ries, and Clayton Christensen. Their specific contributions have revolutionized the way we think about entrepreneurship and have inspired countless successful startups around the world. As an undergraduate student, you'll have the opportunity to explore a wide range of majors and modules, including business planning, marketing, finance, and operations management. You'll also have the chance to specialize in areas such as social entrepreneurship, technology entrepreneurship, and sustainable entrepreneurship, to name just a few. With a degree in entrepreneurship, you'll be well-equipped to pursue a variety of exciting career paths. Whether you're interested in starting your own business, working for a startup, or joining a larger corporation, the skills and knowledge you'll gain in this field will be directly applicable to a wide range of industries, including finance, healthcare, education, and technology. Some of the most notable and attractive potential employers in the field of entrepreneurship include companies like Airbnb, Uber, and Tesla, as well as a range of public and private sector organizations around the world. With a degree in entrepreneurship, you'll have the skills and experience necessary to thrive in a variety of roles, including business development, marketing, operations management, and more. To succeed in the field of entrepreneurship, you'll need to be a self-starter with a strong work ethic, excellent communication skills, and a willingness to take risks. You should also have a passion for innovation and a desire to make a positive impact on the world. If you have these qualities and are ready to embark on an exciting and rewarding career path, then the study of entrepreneurship may be just what you're looking for!
Have you ever dreamed of starting your own company, bringing an innovative idea to life and changing the world? If so, a career as a Start-up Founder might be perfect for you! As a Start-up Founder, you will be responsible for creating and developing a new business from scratch. This means you'll need to be a creative thinker, a problem solver, a risk-taker and a visionary all rolled into one. You'll need to identify a gap in the market, come up with a unique solution, and then build a team to help you turn your vision into a reality. One of the most appealing aspects of being a Start-up Founder is the potential to make a real difference in the world. Just think of companies like Airbnb, Uber and Facebook, which have revolutionized the way we travel, commute and connect with each other. By starting your own company, you could have the opportunity to create something truly groundbreaking and change people's lives for the better. Typical duties of a Start-up Founder include everything from developing a business plan and securing funding to hiring employees and managing day-to-day operations. Depending on the nature of your business, you may also need to specialize in areas such as marketing, sales, product development or technology. To become a Start-up Founder, there is no one-size-fits-all education or training path. However, many successful founders have a background in business, engineering, computer science or a related field. Popular undergraduate programs and majors include Business Administration, Entrepreneurship, Computer Science, and Engineering. Helpful personal attributes for a Start-up Founder include creativity, perseverance, adaptability, and the ability to take calculated risks. You'll also need to be a strong communicator and team player, as you'll be working closely with a variety of people, from investors to employees to customers. Job prospects for Start-up Founders are highly variable, as the success of your business will depend on a wide range of factors. However, there are many exciting and notable potential employers from both the public and private sectors around the world. For example, in the United States, you might consider working with venture capital firms like Sequoia Capital or Andreessen Horowitz, or with accelerators like Y Combinator or Techstars. In Europe, you might look to organizations like Startupbootcamp or Seedcamp. And in Asia, you might explore opportunities with firms like 500 Startups or SoftBank. In the longer term, the outlook for Start-up Founders is bright, as the demand for innovative products and services continues to grow. Whether you're interested in developing a new app, launching a sustainable fashion line or creating a social enterprise, there are endless opportunities for entrepreneurial-minded individuals to make their mark on the world as a Start-up Founder.
In 2015, the world was rocked by the revelation that Volkswagen, the world's largest automaker, had been systematically cheating on emissions tests for its diesel vehicles. The scandal involved over 11 million vehicles worldwide, and led to fines, recalls, and a major blow to Volkswagen's reputation. But how did this happen? At the heart of the matter was a failure of corporate governance. Volkswagen's management structure, which gave its CEO enormous power and limited oversight by the board of directors, created an environment where unethical behavior could thrive. Specifically, Volkswagen had developed a software "defeat device" that would reduce emissions during testing, but then switch off during regular driving, allowing the vehicles to emit harmful pollutants at levels far above legal limits. This was not only illegal, but also a breach of ethical standards that should have been caught by the company's internal controls. Unfortunately, those internal controls were weak, in part because of the way Volkswagen was organized. The company was controlled by a group of families and other stakeholders, who had more power than the shareholders, and who were reluctant to challenge management decisions. This created a culture of deference to the CEO, who in turn was focused on profits and market share above all else. Academic research has shown that the Volkswagen scandal is not unique, and that weak corporate governance can lead to a range of negative outcomes, from financial fraud to environmental damage. For example, studies by leading scholars such as Lucian Bebchuk and Jesse Fried have shown that companies with dual-class share structures, like Volkswagen, are more likely to engage in unethical behavior and less likely to respond to shareholder pressure. But there are also solutions. Research by Nell Minow and others has shown that independent directors, strong shareholder rights, and a commitment to ethical values can help prevent governance failures and improve corporate performance. By exploring these and other topics related to corporate governance, students can gain a deeper understanding of how companies operate, and how they can contribute to a more ethical and sustainable business world.
The story of William H. Bovee, the founder of California's first coffee mill, is a testament to the power of innovation and entrepreneurship. Bovee's vision and hard work led to the creation of the world's first large-scale coffee grinding and packaging operation. Learning about the history of innovation and entrepreneurship can inspire high school students to explore their own passions and ideas. Studying these concepts can also help students develop critical thinking skills and an entrepreneurial mindset that will benefit them in any career path they choose. Additionally, learning about the history of coffee and its impact on society can be fascinating and informative. Whether you're a coffee lover or not, the story of Bovee's success is a reminder that with hard work, innovation, and a little bit of luck, anyone can make a difference.
Get ready to dive into the evolution of business! From its earliest forms to the financialized capitalism of today, discover how the relationship between capital, firms, and regulators has changed, and how the business world is adapting to meet new challenges like environmental concerns and shifting consumer values.
Electric vehicles have come a long way since their inception in the late 19th century. While they were once the preferred mode of transportation due to their efficiency and reliability, the high cost of batteries and the discovery of oil reserves led to a decline in their popularity. However, with the growing concern over climate change, electric vehicles are making a comeback. They are now more cost-effective, efficient, and widely available than ever before. Not only do they accelerate faster than gas-powered cars, but they also save drivers money in the long run. With governments around the world focusing on reducing carbon emissions, it's expected that electric vehicles will soon replace gas-powered ones entirely. As a high school student, learning about the history and advancements in electric vehicles can provide valuable insight into the intersection of technology and environmentalism, and inspire you to think about how you can contribute to a sustainable future.
Have you ever thought about what happens to your old electronic devices when you replace them with new ones? E-waste, also known as electronic waste, refers to discarded electronic devices, such as smartphones, computers, televisions, and other electronic gadgets. This type of waste is becoming a significant global problem, as it contains hazardous materials and is difficult to recycle. According to a report by the United Nations, the world generates around 50 million tons of e-waste every year, with only a small fraction of it being recycled properly. This not only causes harm to the environment but also means that valuable resources, such as precious metals, are being wasted. Enter the concept of "cash for e-waste." This idea aims to incentivize people to properly dispose of their e-waste by paying them for it. This approach has been studied and advocated by leading academics in the field, such as Dr. Kate Armitage and Professor Eric Williams, who argue that it could be a crucial step towards a more sustainable future. By properly recycling e-waste, not only are we reducing harm to the environment but also recovering valuable materials. For example, a single computer can contain up to several grams of gold, which can be recovered and sold. This not only helps to reduce the environmental impact of e-waste but also creates economic opportunities, particularly in developing countries where e-waste is often exported. E-waste is a complex and pressing issue, but by exploring it and learning more, you can help make a difference. Who knows, you might even uncover some hidden treasures in the process!
Are you passionate about making a positive impact on the world? Do you want to help companies and organizations reduce their environmental footprint and operate in a more sustainable way? If so, then a career as a Sustainability Consultant might be perfect for you! As a Sustainability Consultant, you'll work with a wide variety of clients to identify and implement sustainable practices and solutions. You'll help companies reduce their carbon footprint, conserve resources, and improve their overall environmental performance. You'll also help them comply with regulations and meet sustainability standards. One great thing about being a Sustainability Consultant is that you get to work on a wide range of projects. For example, you might work with a restaurant to help them reduce food waste and switch to more sustainable packaging. Or, you might work with a large corporation to help them implement renewable energy sources and reduce their greenhouse gas emissions. To be successful in this field, you'll need to have a strong understanding of sustainability principles and practices. You'll also need to be able to communicate effectively with clients and stakeholders, and be able to think creatively to come up with innovative solutions. Typical duties for a Sustainability Consultant might include conducting sustainability audits, developing sustainability plans and strategies, conducting research on sustainability issues, and providing training and education to clients and stakeholders. There are many areas of specialization within the field of sustainability consulting, including renewable energy, waste management, sustainable agriculture, and green building. You might also work in related fields such as environmental policy or corporate social responsibility. To become a Sustainability Consultant, you'll typically need a bachelor's degree in a related field such as environmental science, sustainability, or engineering. Some popular undergraduate programs and majors include Environmental Studies, Sustainable Business, and Renewable Energy. Helpful personal attributes for a career in sustainability consulting include strong analytical skills, excellent communication skills, and a passion for sustainability and environmental stewardship. Job prospects for Sustainability Consultants are strong, with many opportunities available in both the public and private sectors. Some notable employers in this field include consulting firms such as Deloitte and PwC, as well as government agencies and non-profit organizations. In conclusion, if you're passionate about sustainability and want to make a positive impact on the world, a career as a Sustainability Consultant might be the perfect fit for you. With a wide range of projects and opportunities available, and a strong job outlook, this is a field worth exploring further!
The center of gravity of the urban world is shifting towards emerging markets, with China leading the way. By 2025, 136 new cities are expected to enter the top 600, and middleweight cities are predicted to contribute more than half of global growth. MGI's Cityscope database provides insights for companies and policymakers to navigate the increasing complexity of larger cities.
The world is constantly changing, and as high school students, it is essential to be aware of the problems that need solutions. Vinisha Umashankar, a 14-year-old from India, noticed the pollution caused by charcoal usage in the metal irons of street vendors and decided to take action. She designed an ironing cart powered by solar energy, eliminating the use of charcoal, deforestation, air pollution, and respiratory diseases caused by the traditional method. Learning about solar energy and sustainable solutions like Vinisha's can benefit you not only intellectually but practically as well. By exploring these concepts further, you can contribute to creating a better world for yourself and the generations to come.
Are you a natural problem solver? Are you a strategic thinker with a keen sense of business acumen? If you answered yes to both questions, then a career in Business Consulting might just be the perfect fit for you! As a Business Consultant, you'll be working with companies to help them improve their overall performance. This could mean anything from streamlining their operations to increasing their profits. You'll act as a trusted advisor, providing expert guidance and advice to help businesses achieve their goals. One of the most appealing aspects of this career is the variety of industries and businesses you could work with. From tech startups to established multinational corporations, there's never a dull moment in the world of Business Consulting. You'll have the opportunity to work with a wide range of clients and industries, each with their own unique challenges and opportunities. Your typical duties as a Business Consultant will vary depending on the specific project or client you're working with. Some consultants specialize in areas such as finance, marketing, or human resources, while others take a more general approach. Regardless of your area of specialization, you'll be responsible for identifying areas for improvement, developing strategies to address those areas, and implementing those strategies to achieve measurable results. To become a Business Consultant, you'll typically need at least a bachelor's degree in a related field such as business, economics, or finance. Some popular undergraduate programs and majors for aspiring consultants include Business Administration, Accounting, and Management. Additionally, many consultants go on to earn advanced degrees such as an MBA or a Master's in Management. Helpful personal attributes for success in this field include strong analytical skills, excellent communication and interpersonal skills, and the ability to work well under pressure. You'll need to be comfortable working with data and be able to think critically to solve complex problems. The job prospects for Business Consultants are excellent, with a projected job growth rate of 14% over the next decade. Some notable potential employers include McKinsey & Company, Bain & Company, and Boston Consulting Group. Additionally, many large corporations have in-house consulting teams, so there are plenty of opportunities to work in-house as well. In summary, a career in Business Consulting offers a challenging and rewarding opportunity to work with a variety of industries and businesses to help them achieve their goals. With strong job prospects, a wide range of potential employers, and the opportunity to make a real impact, it's no wonder that Business Consulting is such a popular career choice.
Apple's announcement of using 100% recycled cobalt in its batteries by 2025 highlights the growing concern about the environmental and ethical impacts of mining materials for personal electronics and electric vehicles. However, with the exponential growth of the EV market, there may not be enough recycled materials to meet demand. Explore the challenges and opportunities of battery recycling and the circular economy in this week's newsletter.
Do you want to make a difference in the world and help create positive social change? Social impact investing might be the career for you! This field is all about investing money in organizations that aim to create social and environmental impact alongside financial returns. It’s an exciting and meaningful field with a growing impact on our society and the world we live in. As a social impact investor, you’ll be part of a movement that is transforming traditional finance by investing in ventures that align with social and environmental values. Your work can span a wide range of industries, from renewable energy and affordable housing to health care and education. For example, you could help fund a community health center or a microfinance organization that supports small business owners in developing countries. The potential areas of specialization in social impact investing are diverse and can vary depending on the specific mission of the organization. Some impact investors focus on specific sectors or industries, while others work on global issues like climate change and poverty alleviation. Some even work to create impact investing policies and frameworks, shaping the industry as a whole. Typically, a degree in finance, economics, business or a related field is required for this career. Many universities offer specialized undergraduate programs in impact investing, such as the Sustainable Finance and Impact Investing program at NYU or the Sustainable Business and Social Impact program at the University of Michigan. Additionally, many MBA programs now offer courses in social impact investing. Helpful personal attributes for a career in social impact investing include a passion for social justice, strong analytical skills, and an entrepreneurial spirit. You should also have excellent communication and interpersonal skills, as you’ll be working closely with a wide range of stakeholders, including investors, social entrepreneurs, and nonprofit organizations. Job prospects in social impact investing are very promising, with many public and private sector organizations looking to hire impact investing professionals. Notable employers in this field include Acumen, Bridges Fund Management, Blue Haven Initiative, and Omidyar Network. Additionally, many large financial institutions, such as Goldman Sachs, are developing impact investing divisions.
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