Thanks for reading Snippets this week. In this edition we have an interesting group of articles starting with accountants against climate change…watch out!
We then move to an article that reviews what factors might best set up sustainability issues for success and a see what Waikato Regional and Whakatane District Councils are doing in regards to climate change and sustainability.
The concepts of “smart cities” and “smart transport” are also examined, and then we look at what happens when mass transit reduces car numbers so much that you are left with abandoned parking garages. What do you do in that case? You grow vegetables of course!
You may have heard of the passing of renowned environmentalist Sir Rob Fenwick yesterday. We send our condolences to all who knew him. His last message is shared here (in full, below) with our readers, that we must look after the trees, “we as a nation have not exhausted ours [options] when it comes to saving these species. This is a crisis. Time is running out for the treasures of nature that we love, and it is worth using every last breath, all of our collective energy, to save our land and secure our future”.
We discuss the benefits of a close connection to our natural environment, and we finish off with why reforestation should not just be seen as the cheapest way to tackle climate change, because the environment is so much more than that and climate change will not be bought off so easily!
A recent statement released by thirteen chief executives, representing fourteen accounting bodies, including the Chartered Accountants of Australia and New Zealand, collectively representing 2.5 million accountants and students across 179 countries, is calling for action in response to climate change. The call to action highlights that climate change represents an economic, social and business risk – a risk that accountants from across the world must take action on. Read more.....
So what separates companies that succeed at becoming more sustainable from those that fail? Whilst many companies issue sustainability reports, relatively few actually embed their sustainability goals into their business or communication strategies. A 2016 report found that just 2% of companies actually achieve their sustainability goals. This may be due to many companies still making profit maximisation, rather than sustainability, their primary purpose. Those that are successful make sustainability an integral part of their core purpose and communicate this commitment to their entire staff.