New challenge drives awareness of the environmental impact of clothing
We all need to wear clothing, but the environmental impact of purchasing clothing is significant, and a new initiative asks people to reflect on their own consumption. Participants in the New Clothing Detox Challenge refrain from clothing purchases during the month of March.
Companies must decarbonize supply chains to reduce greenhouse gas emissions, and this can create risk for investors
As part of their effort to reduce emissions, large companies like McDonald’s have announced cuts to emissions from their own operations and power supply. These are known as Scope 1 and Scope 2 emissions, respectively. But large firms often do less to address emissions generated by the products they sell, which are known as Scope 3 emissions. McDonald’s is planning to install LED lights and power its restaurants with renewable energy.
Global competition gets students to take on challenge of investing sustainably
The 2022 McGill International Portfolio Challenge (MIPC), in its 6th year, asked undergraduate students from around the world to devise innovative portfolio strategies that could achieve high returns while still ensuring a sustainable future.
Delve: How Banks and Institutional Investment Funds Are Driving the Road to Net-Zero
One of the biggest challenges today for financial institutions is how to meet net-zero climate targets while achieving high returns on investment and satisfying the needs of various stakeholders. What does the road to net-zero look like in the realm of long-term investment, who are the players, and how should the inevitable roadblocks be overcome?
Clothing repairs and thrifting can help reduce the environmental footprint of the clothing you wear
Clothing companies used to offer just a few collections each year. Today, fast fashion companies like H&M or Zara offer dozens. One way they accomplish this is by reducing the quality of their clothing, but this increases the resources needed to make what we wear, and increases their environmental footprint as a result, said Javad Nasiry in an interview with BNN Bloomberg.
Eco-fashion brand Ecova tells the stories behind its green initiatives
Positive storytelling can encourage consumers to make better, more eco-conscious choices. That’s the vision the Stephanie Beaulieu (MBA’22) shared with Karl Moore in an article for Forbes.com. Beaulieu founded the eco-fashion company Ecova to make change in the fashion industry.
Delve: Why Environmental, Social, and Governance Investment Standards Need an Indigenous Perspective
In the high-stakes realm of finance and investment, environmental, social, and governance (ESG) criteria play a larger role than ever in companies’ decision making and commitment to creating shared value. In this accelerated transition toward cross-sector economic change, whose interests are centred and whose concerns are left out of the sustainability conversation?
Circular economy can help mitigate environmental impact of frenzied Black Friday shopping
Black Friday offers cut-rate deals, but low prices can come with a high environmental cost. If shoppers don’t make choices wisely, their purchases could end up in the landfill.
Desautels ranked among world’s top 40 most sustainable MBAs by Corporate Knights
The Desautels Faculty of Management ranked among the 40 most sustainable MBAs in the world in 2022. The Better World ranking is conducted by Corporate Knights and considers criteria like sustainability research output and classroom teaching. Desautels made the cut in part because of its strengths in sustainability-related research intensity and the diversity of its faculty.
Delve: Scale Deep Not Up for Sustainable Local Entrepreneurship, with Anna Kim and Suntae Kim
How would definitions of business growth and success change if entrepreneurship ventures decided that instead of scaling up, they would “scale deep”? While scaling up allows an organization to pursue fast expansion with goals of going national or global, scaling deep lets an organization pursue enduring growth and sustainability anchored to its original location.
Official launch of the Laidley Centre for Business Ethics
On November 14, the Laidley Centre for Business Ethics hosted students, faculty, staff, donors, alumni and friends of McGill Desautels for the official launch of the Centre.
Business leaders now operate at the intersection of business operations and global trends
Politics has pervaded the world of business, writes Prof. Karl Moore in Forbes.com. Environmental, social and governance (ESG) and equity, diversity and inclusion (EDI) are both changing corporate practices.
RBC faces Competition Bureau inquiry for greenwashing
RBC has positioned itself as a champion of clean economic growth – but has continued to finance fossil fuel industry, according to a complaint filed with Canada’s Competition Bureau. The Bureau has opened an inquiry into greenwashing at Canada’s largest bank, but that’s only the first step according to Dror Etzion, Associate Professor of Strategy and Organization at Desautels.
Rio Tinto Aluminium hopes new smelting process can reduce emissions from smelting process
To generate and store low-carbon energy, we will need large quantities of minerals and metals. Aluminum is among the most important. Its production accounts for 2% of human-produced emissions, and demand for the lightweight metal is predicted to increase. New technologies could help, said Ivan Vella, the Chief Executive of Rio Tinto Aluminium in a Forbes.com article written by Prof. Karl Moore.
