Broadening board compositions, reduced focus on quarterly returns and stronger sustainability/compensation linkages are just a few of the ways that board directors can elevate sustainability concerns more effectively at the companies they serve on. So concludes a new Ceres report highlighting the generally weak performance of U.S. corporate boards in prioritizing environmental and social issues and recommendations for boosting their effectiveness on such issues.
The AA1000AS Nominations Committee and AA1000 Standards Board are pleased to announce the members of the newly constituted AA1000AS Working Group. This collective body of global experts from industry, governmental, and non-governmental organisations from around the world is charged with all aspects of development and promulgation of the next release of the AA1000 Assurance Standard.
Salmon farmers in British Columbia are taking further steps towards increasing the availability of information on farming practices and key areas of public interest by publishing a Sustainability Progress Report, released today at GOAL 2015 in Vancouver. The report, a first for salmon farmers in B.C., includes information on all three pillars of sustainability: environmental, social and economic.
MGM Resorts International – in partnership with NRG Renew, the nation’s largest solar energy developer – installed a 20-acre, 6.4MW solar photovoltaic array on the rooftop the Mandalay Bay Convention Center in 2014. The project is but one way MGM Resorts demonstrates its dedication to environmental sustainability. In its first year of operation, the solar array offset the peak electricity demands of the property by as much as 20 percent. That’s enough energy to power 1,000 average-sized homes for a year.
As global problems seem to grow even bigger every day, so do the ideas for solutions and benchmark measurements. The UN’s new Sustainable Development Goals for 2030, adopted by 193 world leaders in September, reflect the growing ambition to resolve the big problems of our time in a big way. With its 17 goals and 169 specific targets, the SDGs need businesses to join governments and NGOs and do their part to improve the world.
Legg Mason is one of the world’s largest asset management firms. We have a local presence around the globe serving individual and institutional investors across six continents. We strive to be responsible global company in the asset management business that, through investing, meaningfully impacts the lives of all the constituencies with whom we interact.
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