Vermont State Treasurer Jeb Spaulding delivered the opening address at the launching of the Marlboro College Graduate Center MBA in Managing for Sustainability program in Vermont where CWR co-host Bill Baue teaches. The talk was entitled, “Sustainability and State Finance: Strategic Decision-Making and ‘Win-Win’ Strategies.” Spaulding discussed a number of different ways the state uses its investment assets to leverage corporate sustainability and responsibility, from aggressively voting its proxies to filing shareholder resolutions addressing issues such as Sudan and climate change to participating in the Investor Network on Climate Risk, a group of institutional investors launched by Ceres in 2003 to promote sustainable business practices. He also explains the complexities of implementing green investing through board-run state pension funds.
Corporate Watchdog Radio co-hosts Bill Baue and Francesca Rheannon speak with Auden Schendler, who heads the sustainability program at Aspen Skiing Company and has stirred up a heap of controversy as the subject of a recent BusinessWeek cover story entitled “Little Green Lies.”
Schendler calls into question the degree to which companies, within our current capitalist structure, can actually enact meaningful change toward true sustainability. Having convinced his company to commit in a big way to renewable energy credits (RECs), he has since become disillusioned, noting that many RECs fail to add new renewable energy projects to the world, and questioning exaggerated claims of RECs’ actual impact on reducing carbon emissions.