[amazon-product align=”right”]1877762067[/amazon-product]Today, Dada Maheshvarananda meditates on the alternative economic model of Progressive Utilization Theory, or PROUT. Joe Romm of Climate Progress analyzes the climate resolve of the Obama Administration. Lisa Woll of the Social Investment Forum proposes an Office for Innovation in Corporate Social Responsibility to the Obama Administration. And auto and environment expert Jim Motavalli comments on the significance of President Obama’s executive order directing the EPA to reconsider its refusal to grant California a waiver allowing it to regulate greenhouse gases from autos.
The Social Investment Forum (SIF) submitted a letter to President Obama listing a series of policy proposals, from proxy access allowing shareholders to nominate board candidates to “say on pay” giving investors a vote on executive compensation. SIF also urges the Obama Administration to establish an Office for Innovation in Corporate Social Responsibility or CSR. This idea dates back to the early 2000s, propounded first by Susan Aaronson at the Kenan Institute of Private Enterprise, and supported by a Government Accountability Office report finding major lack of coordination on federal CSR initiatives. SIF CEO Lisa Woll explains the rationale behind the recommendations, and how they will promote advancement toward sustainability.