Slideshow for "An introduction to Sustainable or Socially Responsible Business" practices and metrics with some Hawaii examples. This was used 5/2/14 for a presentation to Maui high school students attending an Innovation Day at the University of Hawaii Maui College.

1. Sustainable & Socially
Responsible Businesses
Innovation Day - UH Maui College - May 2, 2014
David B. Fisher
Maui Venture Consulting
An Overview
http://MauiVenture.net

2. What are sustainable and socially responsible business
practices?!
• Not to pollute
• Design with minimal waste, re-use, and recycling in mind
• Use less resources and substitute renewables wherever
possible
• To look out for the welfare of the community where the business
is located
• Do the products and services promote health?
• Does the business create jobs and a future for the
community?
• To look out for the welfare of customers, employees, and
suppliers in addition to return on investment to the investors.
• To engage and be engaged with your stakeholders through
transparency, governance, and ownership.
• Move from “sustainability” to “regenerative” to “anti-fragile”

3. Why should businesses focus on triple bottom line returns and
why should you care?
• What is a triple bottom line?
•
People
• Planet
• Profits
• Both Investors, Consumers and Governments are looking more
carefully at companies before investing, buying, regulating.
• Talent (students/employees/entrepreneurs) are factoring this in to
what they work on and who they work for.
• To help stakeholders make better decisions about their time,
money and votes

4. For-Profits Working to Be More Socially Responsible
!
!
!
!
!
Non-Profit Social Enterprise Working to Be More Business Like
A General Trend

5. Green
Washing

6. Metrics
The Importance of

7. Traditional Metric!
•Profits = Revenues - Expenses
•Return on Investment = Profits/Investment = %
Environmental
•Carbon Footprint = Carbon Dioxide draw down +
reduction of carbon emissions in product/service life cycle
•Waste Reduction
People & Community!
•Job Creation
• Adequate Pay
• Jobs with a future
Metrics - examples

8. http://giirs.org
Global Impact Investment Rating System

9. http://giirs.org/
storage/documents/
CompanyReports/
sample_company_rep
ort.pdf

10. Hawaii’s New Legal Entity:
“Sustainable Business Corporation”
!
Similar to the National “B Corporation”
Hawai‘i Sustainable Business Corporation
Signed into Law July 8, 2011

11. Why The Need For Special Entities?
• To Prevent Hostile Stockholder Actions
protesting action supporting other
stakeholders
• To show accountability to customers,
stakeholders, and social investors.
• To become skilled at developing,
improving and using social impact metrics
• Standards
• Third Party Certification

12. https://www.bcorporation.net

13. A Few Examples of Maui and Hawaii Businesses
and Organizations
Focusing on Sustainable and Socially
Responsible Business

14. http://www.biodiesel.com

15. http://hawaiitaro.com

16. http://www.hnuenergy.com

17. http://www.risingsunsolar.com

18. http://hevn.net

19. http://
www.energyex
celerator.com

21. http://www.aboutmcdonalds.com/mcd/sustainability.html

22. http://hawaiifarmersunionunited.org

24. http://www.sustypacific.com

25. http://www.sahawaii.org

26. Business Alliance for Local Living Economies
https://bealocalist.org

27. http://
socialcapital
markets.net

28. http://www.missionmarkets.com

29. The Toronto Social Venture Exchange - http://SVX.ca

30. https://www.cuttingedgex.com/listing

31. http://h-cx.com

32. Mahalo!
http://MauiVenture.net
df@mauiventure.net