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Product Stewardship in Action describes how and why leading companies are taking responsibility for the environmental impact of their products and packaging. Product stewardship, often referred to as "extended producer responsibility" or EPR, is the idea that everyone that benefits commercially from a product, including manufacturers, distributors and retailers, has a shared responsibility to minimize its environmental impacts. Written primarily for a business audience, it draws on the knowledge and experience of industry practitioners and other experts to provide a structured approach to product responsibility within firms. This will help those new to the field, as well as more experienced practitioners, to develop an effective response to stakeholder concerns about the environmental impacts of their products and packaging. Unlike other resources on product stewardship and EPR, which tend to focus on the design or evaluation of public policy, this book highlights the business case for action. It argues that companies can achieve "shared value" — both public and commercial value — when they take a proactive and knowledge-based approach to the life-cycle management of their products. Product Stewardship in Action focuses on product stewardship as an effective business strategy rather than a philanthropic exercise. To be effective it needs to be based on a good understanding of product impacts and stakeholder concerns, and the risks and opportunities that these present to the business. The most effective responses will be those that address material issues in the product life-cycle while supporting the achievement of other corporate goals and priorities.
Consider the Consequences of Bringing a Chemical to MarketProduct Stewardship: Life Cycle Analysis and the Environment explores the regulatory and scientific aspects of the life-cycle consequences of bringing a chemical to market. Using case studies to bring critical points to life, this multidisciplinary text explores the factors that influence ou
Transform from leader to steward to drive growth and make an impact Inspiring Stewardship helps leaders drive sustainable development and growth by balancing short- and long-term objectives amidst competing interests. By examining a range of exceptional individual and organisational stewards alongside insights from quantitative studies, this book unlocks the contributions you can make to enhance your influence and secure your legacy. Profiles of leaders from Ratan Tata to Bill Gates illustrate what stewardship really means, and the attributes and characteristics of steward leaders. Are they fundamentally different? Where do they get their exceptional drive and resilience? Why do they shoulder such huge responsibility? Risks, rewards, motivations and actions are explored in depth to give you a real-world view of stewardship, and to show you how to embody these principles in your own everyday life. The notion of stewardship has never been more relevant to business than it is today, as managers struggle to balance present and future interests. This book provides clarity, direction and guidance for more purpose-driven action. Understand the concepts and principles of stewardship Discover characteristics of steward leaders across cultures Learn how stewards have shifted the course of their organisations Examine the capabilities that deepen organisational resilience Today, ownership of firms is increasingly fragmented, investment structures are more and more complex and the time horizons of investors, executives and owners do not always coincide. Inspiring Stewardship helps you break through the tension and drive sustainable growth through adaptability and good leadership.
It is apparent that environmental issues affect the livelihoods and well being of individuals, communities and businesses the world over. In that vein, this book examines the impact that climate change and other environmental factors have on business. The effect of climate change, while a significant factor, will influence business slowly, but inexorably. Executives should manage environmental risk at three levels: regulatory compliance, potential liability from industrial accidents, and pollutant release mitigation.Companies that are proactive in mitigating their exposure to climate-change risks will not only generate new profitable opportunities, but also gain competitive advantage over their rivals in a carbon-constrained future. Enhancing Global Competitiveness through Sustainable Environmental Stewardship provides frameworks for identifying how climate change might affect a business, and suggests strategy guidelines to manage the risks and seek opportunities.This seminal collection of research will be of particular interest to students and scholars of sustainability studies, business and management, and business professionals concerned with the role they will play in the changing and challenging times that lie ahead for business growth and environmental consciousness.
Stewardship entails a profound understanding and acceptance of the challenges that result from the organization’s interdependence with the societal and ecological contexts in which it operates—and of what it takes to embrace the challenges to be a force for building a viable future. This book dares to ask ‘why’ business leaders should embrace stewardship in the current market where profit reigns supreme. A shift in approach represents fundamental change for the corporate world, and even the most advanced corporations consider themselves to be in the starting block of this transition. The book sets out the practical ways in which corporate stewardship can be achieved through embedding new approaches across the different functions of a business. This book, written by the leading thinkers in sustainability research, provides practical guidance on how companies can resolve the paradoxical challenges they face. How can they be at the same time profitable and responsible, effective and ethical, sustainable and adaptable? It explores what businesses are doing, what they can and should do to effectively respond to external challenges, and focuses on how leaders can create cultures, strategies, and designs far beyond “business as usual”.Stewards must not only make proper current use of that which they hold in trust, they also must leave it in better condition for use by future generations. Corporate Stewardship challenges managers, executives, and directors of global corporations to think and act as stewards of both their organizations and the physical and social environments in which they operate.
Is stewardship a useful way of regarding our relationship with our environment - or is it a dangerous excuse for plunder? Is it possible for us to be effective stewards? This book gathers together expositions of stewardship with criticisms of the concept and adds other contributions written especially for this collection.
The massive increase in consumer product waste, its toxicity, and the complexity of materials have created an unbearable financial and management burden for municipal officials—it has become untenable. We have outgrown the era of municipalities being solely responsible for recycling. A paradigm shift is needed. The concepts of Extended Producer Responsibility and Product Stewardship play a significant role in bringing our consumption of natural resources and emission of greenhouse gases back into balance with the earth’s ability to absorb these impacts. Perspectives on Product Stewardship provides an overview on managing products throughout their life cycles in order to conserve resources, decrease environmental impact, and share the burden of responsibility. It gives the reader a broad understanding of the origins and evolution of the rapidly expanding field of product stewardship and extended producer responsibility, while providing exemplary and precautionary case studies—on paint, batteries, and packaging. Informative and timely, this reference will be useful to anyone engaged in, or embarking on, efforts to reduce impacts from consumer products: producers, retailers, waste management professionals, recyclers, governments, environmental advocates, students, and the public.
A compelling argument for why stewardship of wealth and service to others should be our highest financial priority Stewardship is the journey of financial insider John Taft towards understanding and affirming the importance of stewardship—which he has come to define as "serving others"—as a core principle for the financial services industry, the global financial system, and society at large. By defining the attributes of authentic stewardship, this book presents a path forward by analyzing the success of Canadian banks in weathering the financial crisis; evaluates the effectiveness of global financial reform efforts in making the financial system safer, sounder, and more secure; offers wealth management prescriptions for individual investors; evaluates the potential of ESG (environmental, social, and governance) investment processes as a way to instill stewardship behaviors among corporate CEOs (particularly at financial services firms); and, ultimately, calls for a return to stewardship's core principles as the key to not only minimizing the scope and consequences of future failures, but also to addressing other societal challenges. Argues for a return towards stewardship, with financial services companies doing right by their customers Analyzes the response of Canadian banks to the financial crisis to provide meaningful advice for investors and businesses alike Inspired by Taft's experience running one of the largest wealth management firms in the country during the financial crisis and his direct participation in subsequent legislative and regulatory efforts to rewrite the rules under which the U.S. securities industry operates From the man who made the decision to reimburse clients affected by the collapse of a money market mutual fund comes a compelling look at why financial service companies should start doing what's right for their customers.
Preface : united by nature, guided by science -- Extreme events, life in the new normal -- Big bay to tech town -- A changing harvest -- Keeping forests green and snow white -- Climate canaries -- Los Angeles plants itself -- Riding the California current.
"The book presents a novel strategy for addressing the major environmental and social problems of our time. It emphasizes transformative actions by individual citizens, both ordinary and extraordinary, rather than by government and other groups. It empowers a spectrum of solutions appropriate to people with varying interests, skills, political persuasions, and level of environmental and social commitment. The book draws on social and ecological theory to formulate a four-tiered stewardship strategy to transform our communities, nations, and planet. Key elements of this strategy are (1) individual actions that link people with nature and reduce human impacts on the planet, (2) effective communication to reduce political polarization and share solutions, (3) collaborations that integrate actions of multiple groups, and (4) political engagement to trigger needed transformations. The book builds on diverse visions and goals for the future of ecosystems and society: concern for the future of our children and grandchildren, a spiritual commitment to care for Creation and vulnerable people, a desire to sustain the best of nature and of cultures, and a concern about the security and well-being of our communities, nations, and the world. This is not a book about what should be done. It is a book about what has been and can be done and a pragmatic strategy for tangible progress"--