Through a global survey conducted by MIT Sloan Management Review and The Boston Consulting Group, we sought to determine where exactly sustainability sits on the management agendas of the more than 2,800 companies. It turns out that it’s prominent: more than two-thirds of companies have placed sustainability permanently on their management agenda.
Our study also found that two-thirds of companies see sustainability as necessary to being competitive in today’s marketplace, up from 55% a year earlier. In addition, two thirds of respondents said management attention to, and investment in, sustainability has increased in the last year.
It’s been over a year since we launched the Climate CoLab and held our first world-wide contest. Our goal was to create a site to harness the ideas and knowledge of thousands of people to find real solutions to climate change. Inspired by systems like Wikipedia and Linux, we wanted to collect the best collective intelligence to come up with proposals for what can be done about this problem.
The government should be smart and strategic about the type of spending it will do, says David Schmittlein, MIT Sloan School of Management dean, who says if the government spends on innovative enterprise in America, it can put those dollars to better use.
When I returned home to New York from this year’s MIT Energy Conference (MITEC), I was inspired, and, yes, energized. Colleagues and friends kept asking me all week what’s so great about “yet another” energy conference. Excellent question.
One thing that makes this conference so special is that it is completely run by MIT students, many of whom continue on as alumni to become future leaders in our industry. And because the MIT community holds together so well, and alumni keep coming back, the MITEC continues to get bigger and better every year. In only its sixth year, it has become a major event in our industry, selling out consistently. This year there were more than 1,000 attendees.