B Corp Certification: What is it?

The conventional wisdom when it comes to business is that, as a business owner, you have to make a choice: you can either make money, or you can do good.

This is, however, a false dichotomy. You don’t have to choose to either ensure your personal livelihood or to live according to your values. As one of my MBA instructors used to say, you can choose “both/and” – you can both make money and do good. [Read more…]

Sustainability in Business: A New Model for a New Era

Do you remember rotary phones? At one time, rotary phones were in every home. Now they’re relics of the past, displaced by better, newer, faster technology.

Many of our business practices and beliefs are just like the rotary phone. They were developed during a different era, in which they were widely used and met the needs of those times. However, they are not suited to the needs of the present, much less the future. This is why the triple bottom line has become so important for sustainability in business.

Consider a few long-held beliefs that are now being challenged: [Read more…]

Sustainable Business Practices for Consultants

When it comes to sustainable business practices, most of the attention is focused on how large corporations can minimize their environmental impact. Wal-Mart’s Sustainability Index, for example, received much fanfare when it was first announced, since the ripple effects of the world’s largest retailer greening its supply chain would be considerable. However, even consultants and solo service professionals have a supply chain and can take steps to reduce their carbon footprints. In fact, in many ways the issues are similar to those of a large corporation but on a much smaller scale.

Some areas in which you can evaluate your own practices include: [Read more…]