|
Corporate Social Responsibility
News
12.13.2005 ET
|
CSR News from:
|
|
|
News Category:
|
|
Sustainable Ventures Announces $10,000 Prize For Study That Best Measures Integrated Social, Environmental and Financial Performance
The Prize, "Our Daily Bread, What Does It REALLY Cost?" will help people make more informed choices to help protect and restore our world
(CSRwire) BERKELEY, Calif. - Today Sustainable Ventures announced that it
will offer a $10,000 prize plus benefits to an individual or team of
researchers for the study that measures the true costs of a loaf of bread.
The winning study will provide an analytical framework that measures
social, environmental and financial performance so people can make more
informed choices in their selection and use of products and services.
Registration for interested award candidates is requested by January
10, 2006. When the final prize is awarded in the fall of 2006, the
findings will be widely disseminated to the public for dialogue and use.
"We chose a 'loaf of bread' because people around the world eat some form
of grain-based staple on a daily basis," said Theo Ferguson, the prize
creator, Board Chair and Executive Director of Sustainable Ventures.
"Since there are no metrics or frameworks that people can easily
understand to make informed choices, this is an innovative way to get the
best and the brightest from academia, consulting firms, and a variety of
other organizations and industry sectors to create new solutions to an
ongoing challenge."
For instance, the research findings - based on revealing the hidden costs
of a loaf of bread - could help people understand the effects of oil-based
transportation and agricultural production. The energy needed to transport
a loaf of bread has significant implications for: the organization of
businesses and trade; food and energy policies; individuals' preferences
regarding locally produced products; and potential reductions in oil use.
Full implications of the findings could be used to influence foreign policy
and decrease regional and global conflict.
"This research has the enormously important potential to shift the way we
perceive and evaluate some basic activities of government and business,"
said Dr. Neva Goodwin of the Global Development and Environment Institute
at Tufts University. "It is intended to generate frameworks that will
help consumers make choices among products and services and will increase
awareness and understanding by allowing people to play an active role in
determining their future."
Prize benefits will include paid attendance for selected participants at a
Candidates' Forum as well as the $10,000 prize to the final winner. To
encourage the best thinking and widest possible participation, the award
process also includes an online forum for participants to form teams,
share materials and initiate and participate in new discussion topics.
The twelve jurors participating in the prize review and selection process
bring to the project a breadth of expertise in research, academia, policy
and educational activism - and a deep commitment to creating a more
sustainable world. They include: systems and sustainable food
nutritionists; classical economists; financial professionals; natural
systems advocates; and academic researchers from institutions with
worldwide reach.
For more information about how to participate in the award program, please
visit: http://www.sustainableventures.us
or contact:Theo.Ferguson@SustainableVentures.us.
About Sustainable Ventures
Sustainable Ventures is a non-profit organization dedicated to inspiring
and educating beneficial owners - the people who have pension and trust
funds invested in their names - to take an active role in the management
of their investments. The outcomes of "Our Daily Bread" will enable
beneficial owners - as well as the general public - to have more influence
in their financial affairs by enrolling fund managers to use integrated
performance for a sustainable "bottom line."
|
|