Gain access to networking and business intelligence, and reap the benefits of sustainable business practices and leadership.
Improving regional business performance and quality of life
The overwhelming majority of large companies around the world incorporate sustainable business practices, whether they call if sustainability, corporate social responsibility (CSR) or environmental, social, and governance (ESG) performance. They tend to be motivated by a range of business benefits:
Improved financial performance;
Improved risk management, from cybersecurity to the supply chain;
Cost reductions due to efficiency improvements;
Pathway to innovation in new products/services;
Improved ability to attract and retain customers;
Better ability to attract and engage employees; and
Enhanced goodwill as a positive corporate citizen.
Likewise, the communities in which sustainable businesses operate benefit from good local jobs and workforce training, business development for local suppliers, healthier air and water supplies, improved social equity for all citizens, and so on. When Southwestern Pennsylvania businesses prosper, our people do, too.
Realizing a market advantage through participation
Through their participation, CEOs gain market advantages:
Access to business intelligence concerning sustainability market demands;
Access to established platforms for demonstrating sustainability performance;
Recognition as a sustainability leader in the region, both as a company and professional;
Strong peer network for addressing leadership issues and sharing best practices in this arena;
Shared voice and force in tackling regional sustainability risks and challenges;
The talent, supply chain, quality of life, and other businesses advantages of an economically vibrant, environmentally healthy and socially equitable region; and
Increased company value, reduced risks, better access to capital, and other advantages that accrue to companies demonstrating strong ESG performance (as reported by Bloomberg, the Dow Jones Sustainability Index, MSCI, CDP, Moody’s, FTSE4Good, and other rating systems).
Since its formation in June 2016, CEOs for Sustainability has laid the groundwork for measurable change in this region:
Engaged an initial group of founding CEOs for Sustainability focused on peer exchange of sustainability best practices and increased CSR/sustainability reporting among the region’s businesses.
Presented an introduction to CEOs for Sustainability at the National League of Cities Conference, followed by a private lunch with Walid Nagi of the United Nations Global Compact Local Networks.
Participated in a NASDAQ briefing on the investment community’s increasing reliance on sustainability-related data in their investment decisions.
Conducted a baseline assessment of sustainability performance of the region’s largest publicly traded companies as indicated by Bloomberg metrics.
Followed on this initial benchmarking report with the launch of a business performance assessment to engage businesses interested in taking the first steps toward sustainability. This assessment, the Southwestern Pennsylvania Sustainable Business Compact On Ramp, will be used to track and report progress in aggregate over time.
CEOs for Sustainability participants contribute vision and leadership for this burgeoning movement:
Commitment to sustainable practices and principles.
Guidance in setting the CEOs executive council’s agenda and developing sustainable approaches to regional challenges.
Influence, both at their companies and in the community, in support of an economically prosperous, healthy region with opportunities for all.
Criteria to participate
CEOs of businesses and large employers with significant for-profit business units (not governmental agencies/authorities, nonprofits, NGOs, nor educational institutions)
Significant operations in the region with representation by the CEO, or for companies headquartered elsewhere but with significant operations in the region, the top regional leader having decision-making authority
Region includes the 32 counties of Southwestern Pennsylvania and those bordering Ohio, West Virginia and Maryland