Las Vegas Sands (NYSE: LVS) and Sands China today announced that Macao nongovernmental organization Sustaincia has joined the Sands Cares Accelerator, a three-year membership program aimed at advancing nonprofits to deliver greater community impact.
We’re living in a world where nearly everything – goods, services, entertainment, etc. – is available to purchase online. The expansive global e-commerce market affords consumers greater choice than ever before, and offers merchants access to an entirely new customer base. This represents incredible opportunities for large retailers and small merchants alike as they scale their businesses – including payments – to reach online consumers and expand their overseas sales opportunities.
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Much attention has been paid to the concept that global warming will cause a dramatic drop in the value of carbon
reserves. A major shift towards non-carbon-based energy and non-carbon feedstocks for chemical processes could “strand” assets tied to oil drilling, coal mining, and fracking activities. Various groups have tried to quantify the downside risk to energy companies, if the response to climate change occurs.
However, there are other assets that climate change could strand. And, there are other sustainability trends that could result in stranding other types of assets. Both corporate managers and investors should probably examine these risks, too.
Etsy envisioned its new global headquarters as an opportunity to instigate change, to set a new standard for sustainable construction and design in a renovation project, and to create a space that reflected its values, especially those related to community, craft, and sustainability.
Semios and Arrow Electronics have collaborated on an innovative and sustainable crop management solution that helps growers of tree fruits and tree nuts reduce their use of harmful agricultural pesticide practices.
There is no doubt that last week’s Executive Order to repeal the Clean Power Plan sent many in the sustainability community reeling. In the midst of this chaos, companies are now either re-evaluating their strategy or re-committing to current plans. Many leaders have already voiced their opinions, from Jeff Immelt at GE to Lynn Good of Duke Energy, calling business into action and encouraging companies to assume a greater role in the fight to preserve climate change policies. In the face of a reality where government regulations have been, and will continue to be rolled back, business is increasingly filling the void and, I hope, will emerge as stewards of sustainability and climate action.
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