Business & The Environment

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Should Businesses Stop Flying to Fight Climate Change?

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It’s known as flight shaming: Everyone from Prince Harry to CEOs heading to Davos are being asked how they can care about carbon emissions and still climb aboard an aircraft. So should we all stop flying? The answer is a definitive “maybe”: There are good reasons to keep flying, especially in the service of tackling climate change, and for deeper reasons like connecting humankind when we need global cooperation.

How Will U.S. Companies Respond to Regulation Rollbacks?

This month’s MIT SMR Strategy Forum poll looks at the recent rollbacks from the Trump administration on a wide variety of U.S. regulations pertaining to water, air, land, and public health. We ask our panel of experts to weigh in on whether corporations will decide to adhere to rules that closely resemble original standards, or if they will embrace deregulation.

Yes, I’m Feeling Bad About Climate Change. Let’s Discuss.

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How do we talk about the state of our planet when the news is so scary? And how do we have those discussions with the people we love, when our instincts are to protect them from nightmares? It helps to break the conversation into three distinct questions: What do we really know about climate change? Why am I worried and feel it’s so serious? And how do I — and all of us — cope with that knowledge and move forward?

The World in 2030: Nine Megatrends to Watch

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Nine fast-moving megatrends are shaping where our world will be in 11 years. From demographics to urbanization to the big one — climate change — and more, the directions we’re heading and choices we make in the next decade will have enormous impacts on our careers, businesses, and lives.

Talking About Sustainability Can Drive Sales: Lessons From a Casino Giant

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Do consumers care enough about companies’ environmental and social practices to give them more business? Caesars Entertainment tested the question at one of its hotels, where one group of customers was told about its green efforts and the other group was told nothing. The casino company got encouraging results: The group who got the message spent 1.5% more. That group also recommended the hotel more enthusiastically.

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Digitizing Products for Sustainability’s Sake

Digitization opens opportunities for the world’s sustainability challenges, but it also transforms industries, holding out the possibility of dramatically improving their social and environmental performance. To capitalize on this development, an emerging area of opportunity is the digitization of physical products and production.

Driving Sustainability-Oriented Innovation

Faced with mounting challenges and pressure from governments, nongovernmental organizations, investors, and employees to be more aware of the environmental and social impacts of business activities, many companies are attempting to tap into the creativity and entrepreneurial potential of their employees, encouraging them to develop new products, services, or business models that create value for both the company and society.

Critical Questions Live: Is It Up to Business to Save the Planet?

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In this video, Andrew Winston, sustainability expert and author, and MIT professor Yossi Sheffi, director of the MIT Center for Transportation and Logistics, debate the role of for-profit businesses in supporting — and investing in — sustainability goals. The session was moderated by Paul Michelman, editor in chief of MIT Sloan Management Review.

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Explaining the Business Case for Sustainability Again … and Again … and Again

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The question “What’s the business case for sustainability?” has come roaring back over the last couple of years. It’s led, in part, by more intense investor focus on the issue: Financial execs are having to become more fluent in sustainability as investors grill them about how their companies are handling climate risks around supply chains and shifting regulatory landscapes and markets.

Blockchain and the Clean, Smart Grid

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Some techies think that blockchain and “tamperproof databases” will revolutionize more than money: A blockchain platform for the energy sector could accelerate the transition to renewables. Blockchain can help by making tracking energy more granular, automated, and trusted, which can allow companies to better verify claims of carbon neutrality. It could also streamline financing and insuring new energy projects and even help create a new kind of energy market.

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Using AI to Help the World Thrive

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It’s possible that humankind has created complex, systemic problems that exceed our human capacity to solve them. Some companies, particularly the tech giants, are recognizing this possibility and looking to AI as a tool for solving environmental and social problems. One of these companies is Microsoft. In December 2017, it committed $50 million to its new “AI for Earth” program to fund innovators who are making progress in four critical areas — climate change, water, agriculture, and biodiversity.

Digital Transformation on Purpose

As digital technology advances, the opportunity to use it to create a more sustainable, equitable world should not be overlooked. The first step: Define key terms and set up a framework for understanding how the digital revolution can also become a revolution for sustainable development.

Business Needs a Safety Net

As the effects of climate change become more prominent, business needs to grapple with its own attitudes toward government. A more destructive physical environment requires a more nuanced relationship in which government is viewed as a partner in enabling and supporting markets rather than as a regulator that needs to be managed.

Showing 1-20 of 105