Investing in Sustainability & Social Responsibility

12 Mar 2015 | News Investing in Sustainability & Social Responsibility Contact Us A recent TED Talk that caught our attention includes Chris McKnett making a solid case for investing in sustainability. In fact, several TED related talks focus on this topic and do an exceptional job demonstrating the benefits of this long-term strategy. In McKnett’s talk, he highlights three additional components to sustainable investing that add to the commonly accepted and used financial indicators. He prefaces the discussion effectively disputing many of the common objections we hear. He argues sustainability and sustainable investing is “less complicated than you think, has better performance than you can believe and is more important than we can imagine.” ESG: Environmental – Energy consumption, water availability, waste, etc. Social – Human capital, labor and human rights, etc. Governmental – Oversight of companies by investors (corporate governance) As we often do when discussing sustainability and social responsibility audits, we focus on the benefits that are difficult to dispute: Financial outperformance (no tradeoffs) – “Environmental leadership is compatible with good returns” Improves and supports innovation. Supports a competitive advantage in the marketplace. Improves quality and supports continuous improvement. Contributes to long-term, future success. 80% of Global CEOs surveyed agree. We have written several articles related to sustainability and social responsibility auditing as a third-party provider. Two of the most applicable articles include the following: Sustainability Audits: An Evolving Process Social Accountability Audits: Benefits & Features Pro QC’s related supplier audits incorporate the following: Social Responsibility – These evaluations focus on health and safety, discrimination, disciplinary practices, working hours, compensation, management practices, forced labor, freedom of association and child labor laws. Sustainability – Although we have offered ISO14000 (environmental) and SA8000 (social responsibility) audits for a number of years, many organizations are now requiring audits that combine elements of both of these standards along with additional elements covering energy usage, renewable energy, greenhouse gas emissions, materials and waste reduction, life cycle management, supplier’s supply chain activities and more. The CSR Minute by 3BL Media is also a useful resource to quickly stay up-to-date regarding global organizations and their efforts towards sustainability and social responsibility. Contact us to review and/or discuss example sustainability/environmental (ISO 14000) and social responsibility (ISO 26000 & SA8000) audits. Tags: auditscsrmanufacturingqualitysustainability You May Also Like What Happens After a Failed Pre-Shipment Inspection? Pro QC Holds Special Seminar on Welding Inspection Standards in China to Strengthen Technical Expertise Pre-Shipment Inspection for Textile Workwear in Honduras Click Below to Improve Product Quality with Pro QC Contact us Get a Quote or Book a Service We will be happy to give you more information about our quality solutions. Please fill in this form to contact us. We will respond as soon as possible. If you would like to submit your CV, please click here. Contact Us by Email Contact Us by Phone North America +1 206 397 1145 Mexico +52 55 9990 7885 Colombia +57 601 9190355 United Kingdom +44 330 094 5589 France +33 9 7303 6784 Germany +49 15630 810151 Australia +61 2 8252 7691 India & South Asia +91 227 189 7407 Asia & Asia Pacific +886 2 2832 2990 We use cookies to improve your experience. By continuing to browse, you agree to their use. Customize settings Accept all Decline all Privacy policy Cookie policy × Cookie settings Please select the categories of cookies you would like to allow. Essential cookies are always enabled.