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CFE 031201
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CFE 031201
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36 <br /> COMMON GROUND VOL, 12 NO. 2 JANUARY-MARCH 2O01 <br /> ti. t•1 ' . Lt �. L .. t e�„ F . r "s L . 4. . Y':! ''r 2 r` f':+i ,: ••"li7T%:i„a 7i �L`•, "� • `1- �• tk <br /> D , _ © t3 I a , - i ;,• f t , <br /> Sustaining <br /> Corporations have entered a decade that Leading global companies compete <br /> will radically alter industry ' s relationship fiercely for talent , Corporations possessing <br /> Industry <br /> with the environment . Not since the Indus - strong values will attract and retain the best <br /> trial revolution in the late 1800s have such people . Novo Nordisk ( the Danish pharma . <br /> opportunities for innovation existed . Success ceutical company ) , well known for its strong <br /> will balance economic, environmental and corporate values, has a staff turnover rate of <br /> social performance . 5 % , half the industry average . <br /> Consider these developments : Becoming one of Fortune ' s most ad- <br /> • 1 ,000 CEOs at the World Economic Forum mired companies requires innovation . <br /> in Davos, Switzerland, chose global climate Thinking deeply about sustainability ex- <br /> change as the number one business—not en- pands how comporations perceive future <br /> vironmental—issue facing industry. risks and opportunities . Such companies lay <br /> • BP, DuPont, Interface , Monsanto, Motorola, the groundwork—through investments in <br /> Procter and Gamble and Royal Dutch / Shell technologies, markets and efficiencies—for <br /> have endorsed sustainable development. . increased rewards from effective innovation . <br /> • Some leading corporations recognize the Companies that better serve the global <br /> oil era is ending, as water perhaps be population with their products and services <br /> the oil of the new century . will emerge as winners . <br /> IN • BP Amoco and Royal Dutch / Shell created Tomorrow ' s business leaders look be- <br /> carbon- trading programs to cut emissions . yond enhancing returns from existing prac- <br /> is published quarterly as a These actions follow intense discussions tices . They drive companies toward radical <br /> service to the conservation over the principles of sustainable develop - sources of innovation and value creation <br /> community by ment . Critical elements include understand- that address three fundamental drivers of <br /> The Conservation Fund ing the global environmental and social the new world economy : <br /> Patrick F. Noonan trends that shape industrial society; asking A dramatic increase i <br /> Chat n public scrutiny that <br /> irman <br /> John F. Turner tough questions , e . g. , " Is our business sus- will spark new partnerships , the single most <br /> President tainable ? " and then having the courage to important driver for companies to address; <br /> Mike McQueen act . A successful strategy must provide a • A rapidly growing population; and <br /> Editor lon -term vision for innovation and growth <br /> g g The appropriate pricing of resources that <br /> Jack Lynn , <br /> Editorial Consultant as it meets today s challenges . now are regarded as cheap or free . <br /> Meg West The days have ended when corporate Now is the time to decouple wealth cre- <br /> Art Director leaders talked strictly with their peers in ation from one -way, one - time consumption <br /> For address corrections and industry associations . Engaging with key of natural resources . Doing so will enable <br /> information, contact: stakeholders and making company actions companies to sustain innovation, growth <br /> April Berry more public allow corporations to learn more and prosperity well into the 21st century . <br /> Circulation Manager about their customers , markets and competi- —Gilbert S . Hedstrom <br /> The Conservation Fund <br /> 1800 N. Kent St., Suite 1120 tors . Rio Tinto, the Australian mining con- The aitthor is a vice president of Arthttr D . <br /> Arlington, VA 22209 cern, has established a commitment to com- Little, Inc . This editorial was adapted from an <br /> 703 / 525-6300 <br /> munity investments that blends long-term article in Prism (www . arthurdlittle . com) , the <br /> COMMON GROUND routinely sustainability with short-term operations . company 's manasPment journal . <br /> grants permission for reprints. <br /> Address editorial correspondence <br /> and reprint queries to : <br /> COMMON GROUND <br /> 940 Stillwater Lane <br /> Earlysville, VA 22936 <br /> 804 / 9731,,7324 Is 4 <br /> IN tIII <br /> 'tfir ON <br /> coground®aol. com \ , { \� <br /> COMMON GROUND is available ; <br /> on the World Wide Web at <br /> It <br /> 1 , �, t.� � <br /> http: // www, conservationfund.org '1�/�1 � ��� ^` �'� �.`� }� <br /> Printed on recycled paper, k�r~' r ~ f' o <br /> Imp, 1 ! U <br /> ` 1 <br /> z <br /> Wi <br /> IN <br /> o • a0 <br /> "I ' ve always felt that my role as a beaver transcends ativ political chatiges at E.P.A . " Q <br /> O � <br />
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