Business schools wake up and smell the (ESG) coffee

By getting a commodity and turning it into a luxury merchandise, Nespresso has produced billions in sales from its coffee pods. Boosted by the endorsement in its adverts of actor George Clooney, the organization, owned by Swiss multinational Nestlé, has an annual turnover of SFr5.9bn ($6.3bn).

Nevertheless, Nespresso has arrive underneath hefty criticism over the environmental effects of the aluminium pods that finish up in landfill, due to the fact the steel is not biodegradable. It can be recycled, though.

Nespresso turned to NYU Stern College of Organization in New York to develop a custom made govt program, run most many years because 2016, to support staff comprehend coffee sustainability. There have been 118 members, from different concentrations of the organization, and what they have learnt has now helped it make improvements to recycling premiums.

FT Govt Education directories 2021

Attendees stop by a coffee farm in Costa Rica to

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Business schools urged to integrate ESG topics in core courses

When Erika Karp started her MBA in 1989, the term “sustainable development” experienced hardly entered the corporate lexicon — let by itself the business enterprise university curriculum.

But even currently, with sustainability at the major of the industrial agenda, Karp — who went on to discovered the impression investment decision team Cornerstone Capital — thinks business enterprise educational institutions will have to do a lot more to integrate social and environmental subjects into their programs.

She suggests 1 component of her Columbia Enterprise University MBA was highly suitable to her do the job in sustainable finance, even back then. “One of the very best programs was known as controlling innovation,” recollects Karp, who now operates as chief impression officer at Pathstone, the US spouse and children workplace that this yr acquired her firm. “The term the professor utilized was ‘frame-breaking change’. And what I saw in the entire world of

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