NASDAQ’s Vice Chair Meyer “Sandy” Frucher was a big hit during the Sustainability Accounting Standards Board’s (SASB) spring conference in New York City, reminding fellow panelists of common-sense wisdom during an arcane debate on sustainability reporting that pitted accounting standards against regulatory guidelines — and baffled most of the audience.
After a series of nonstop trips spanning four continents in his role as “roving ambassador without a portfolio” — and freshly returned from a board meeting of the World Federation of Exchanges (WFE) in Tokyo— Frucher sat down with me to talk what makes sense for companies, investors and the public as business embraces sustainability reporting.
Ann Goodman: Why did NASDAQ publish an integrated report last December?
As the time fast approaches for women in the US and China to meet on green consumption in Washington, D.C. (see previous post), I fondly remember my dear colleague Prof. Shi Qi Qing, who skillfully formed international alliances in this field–notably with me while I led WNSF–during her inspirational tenure as Secretary General of CAWE, the China Association of Women Entrepreneurs.
She will be missed–for her wide knowledge, calm and warm personality, sound judgment and her passion for a sustainable world that women could help lead.
At Hong Kong’s World Green Forum in summer 2011, she said with usual aplomb that “the shift in the focus of a global economy toward investments in clean technologies and natural infrastructures like forest and soil is an optimal choice for economic growth in a real sense, a combat against climate change and [an aid to] adequate employment in the 21st century.”
Prof. Shi was truly an inspiring global green partner–across continents, languages and cultures.
During her decade-long tenure as Executive Director of the Women’s Network for a Sustainable Future (WNSF), Dr. Goodman forged a long term alliance with the China Association of Women Entrepreneurs (CAWE) on sustainable business. Now, CAWE’s maternal organization, the All China Women’s Federation, is joining forces with the International Fund for China’s Environment, and Big Green Purse, among many other notables, to host an all-day FREE forum on “Using the Power of Purse to Protect the Planet: US-China Greener Consumption Forum.” Join Dr. Goodman, as she opens the ‘US-China Greener Consumption Forum’ at the World Bank in Washington, D.C., as moderator of the first plenary panel preceding a day of in-depth discussions of the vital cooperation between US and Chinese women to slow the depletion of natural resources and change consumption patterns with their new-found wealth and power. For details, and to register gratis, visit: http://www.ifce.org (March 22, World Bank, Washington, DC, 8am-5:15 pm, followed by reception)
While I’ll miss this event myself (due to my own trip to Asia to speak at the AIDF-Asia Pacific Forum–see my post of Jan. 13) I recommend that anyone who can, join my colleagues at Bard College, from Jan. 31-Feb. 2, for this exciting three-day conference to explore opportunities to link the study of Asia with its natural environment. For more information and to register: http://www.bard.edu/news/conferences/asia2013/
How can companies avoid missteps in the supply chain that can lead to snafus like the embarrassing exposure of dubious practices at Apple’s Chinese supplier factory, Foxconn?
One way, says Taryn Sullivan, Founder and CEO of Efficiency Exchange (EEx), is to show local factories why better, more sustainable practices can actually help the local business from the inside—not just serve as a stepping stone to cut deals with multinational customers.