Showing posts with label transparency. Show all posts
Showing posts with label transparency. Show all posts

Wednesday, February 11, 2009

What are you doing about climate change?


Every single business needs to be taking action.  

The first step is to conduct a greenhouse gas (GHG) inventory.  Have you done that yet? 

The subsequent steps are to reduce emissions and then offset the remaining ones.  By conducting a GHG inventory, you will discover ways to make positive changes.  This is an iterative process so progress can be measured and reported.  

It is the transparency of the process and the reporting that helps provide credibility.  If you aren't transparent you will lose credibility and might be accused of greenwashing.  How sustainable is that? How long do you think that type of firm will survive in this market?

Stakeholders are far more sophisticated these days and are asking legitimate questions.  On Friday last week I sent an email announcement formally introducing TriLibrium and our website.  One of the receipients noted our GHG offsetting claims and asked the following questions:

Upon review of your website you mention that you will be "offsetting" your GHG emissions.  I have a  few questions/comments:  How are you determining your GHG Emissions?  What Scope are you defining and what are your boundaries?   As a matter of transparency, it might be advisable to define how you are calculating your GHG Emissions.  Also, it may be advisable to indicate how you are offsetting your GHG Emissions.  What company you intend on buying offsets from, etc.

I'll share my answers with you tomorrow.

Sunday, January 18, 2009

Transparency and tough decisions


The Bainbridge Graduate Institute recently found it had to cut $1 million from its budget due to declining foundation support in these tough economic times. Rather than approach this problem from a top-down secretive approach, the leadership chose another path. You can hear the short news report here.

What isn't mentioned in the story is how they shared the problem with our entire community (students, faculty, staff, donors, vendors and more). This open process brought forth a ton of great ideas and allowed us to change the budget almost overnight.

Because it was transparent, the buy in and acceptance was unbelievable. We all were saddened by the decisions to cut staff but the open process made it palatable. A closed and secretive process would have created nothing but dissent, distrust and disharmony. Instead we are moving forward leaner and using our creativity to adjust to a new reality.

Perhaps the biggest problem was that the process generated so many good ideas that one could almost become paralyzed with too many options. This was not the case however as we sorted the ideas into a variety of pools opting for the low hanging fruit first before working our way up the tree.