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Embracing Environment, Social and Governance (ESG) Standards: The Path to Sustainable Business Success
In recent years, businesses worldwide have increasingly recognised the importance of Environmental, Social, and Governance (ESG) factors in driving long-term value creation and sustainable growth. ESG considerations include climate change, diversity and inclusion, labour practices, corporate governance, and ethical business conduct. As stakeholders increasingly demand greater accountability, transparency, and responsibility from corporations, embracing ESG principles presents a significant opportunity for
Sociocracy In Collaborative Community Development And Placemaking Projects
Introduction to Sociocracy The need for effective governance in collaborative projects, especially those focused on placemaking, cannot be overstated. Sociocracy is emerging as a new project governance method due to its emphasis on collaboration, transparency, and adaptability. Unlike traditional top-down approaches to project governance, sociocracy promotes distributed decision-making and self-organisation, empowering teams to decide collectively based on consent rather than
The Rise of Cooperative Business Models: A eCulture Perspective
In recent years, there has been a notable surge in the popularity of cooperative business models worldwide. From small-scale startups to large enterprises, more and more businesses are embracing the cooperative approach, which prioritises democratic decision-making, shared ownership, and equitable distribution of profits. In this blog article, we’ll explore the rise of cooperative businesses, with a particular focus on the
Our Benevolent Society
Society’s remarkable generosity deserves a more comprehensive evaluation to gauge the outcomes of investments in well-being development accurately. Such an assessment would foster a systemic shift away from the unsustainable fixation on GDP and economic growth. Recently, Liz Truss voiced concerns about the expanding size of the state in both the US and the UK, cautioning against the emergence of
Grateful for Living in a Benevolent Society
It’s easy, yet disheartening, to view humanity as indifferent, driven mainly by a thirst for wealth and power, leaving those disadvantaged without hope or means to improve their lot. This perspective, however, doesn’t capture the whole essence of our world. In my journey through the non-profit sector, I am always profoundly moved by the realisation that millions of people, not
The economic value of the third sector is big, but Tech4Good could help it be bigger!
The conversation on the recovery of public services in politics and the mainstream media almost entirely focuses on this only being possible following economic and GDP growth. The problem with this position is that it is years in the making when the need for recovery is right now. Society cannot wait; our reality is that we, the citizens, need to
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