A few months ago, I had a conversation with a Chief Sustainability Officer of a company in the northeastern U.S. She had been with her company for over 20 years and definitely took the long view of its success. They had been actively engaged in understanding and improving their environmental and social footprints for many years. She explained that they were now extending their sustainability goals to include not just “external” sustainability but also “internal” sustainability. This was going to include greater focus on lean management and strong processes. She called these “internalities” as opposed to “externalities.” She saw these changes as relevant to her mission as a sustainability officer. Continue reading “The Need for an Integrated Definition of Sustainability”
General Electric recently released a new report for its shareholders called an “Integrated Summary Report.” It provides a high-level strategic summary of the contents of their annual, sustainability and proxy reports. GE is the latest in a handful of U.S. companies and hundreds around the world that have begun issuing integrated reports.