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A plan for attaining a specific goal....
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A “producer responsibility” approach to facilitating reuse or recycling whereby consumers return used products back to the company that produced them. Laws mandating company “take back” programs attempt to create incentives for companies to incorporate reusability/recyclability considerations into their initial...
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The objective behind tax shifting is to stop taxing the things we do want (like income and savings) and shift towards taxing things people collectively do not want (like waste and pollution). The current tax system encourages the depletion of...
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A team is a group of people with a shared goal (desired outcome) or promise (as opposed to a work group). Teams are the product of conversations....
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Made of highly stable materials which can be used again and again, technical nutrients are designed to be retrieved and reused within the closed-loop cycle of sustainable manufacturing....
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A global water circulation system driven by water temperature and salt-density that distributes water between the Earth’s oceans. Warmer water closer to the ocean's surface travels from the northern Pacific Ocean, south through the Indian Ocean (where it is joined...
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A means of calculating how the value of money changes over time. This assumes that money available at the present time is worth more than the same amount in the future, due to its potential earning capacity and the effects...
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A way of looking at the way change happens in the world, put forth by Malcolm Gladwell in his bestselling book, The Tipping Point. The book contends that ideas, behaviors, messages, and products spread through society similar to disease, and...
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The total revenues an organization reports on their income statement. While many activities within an organization are focused on reducing costs, initiatives such as innovative product and service development focus on creating more valuable and desirable offerings that increase revenues....
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An approach that encourages corporations to work with governments and organizations proactively to change economic and political systems and regulations that motivate them to ignore costs incurred by societies and the environment by their activities. These costs might be externalities...
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Total cost accounting (TCA) is a financial tool used to provide a more complete assessment of the true profitability of an entity by taking into account a wider range of direct and indirect costs and savings. It uses longer time...
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Total Quality Management (TQM) is a structured approach to organizational management that seeks to improve the quality of products and services through ongoing refinements in response and continuous feedback....
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A term used to illustrate the conflict between individual interests and the common good, based on the assumption that when individuals use a public good, they do not consider the impact – or externalities – of their use on the...
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The process of satisfying the benefits of a product with a service. Often, services can offer the same activities to customers as some products. Transmaterialization requires the rethinking of business goals and objectives in order to envision new market opportunities....
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CSR+(Corporate+Social+Responsibility)
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An addition of social and environmental values to the traditional economic measures of a corporation or organization's success. Triple Bottom Line accounting attempts to describe the social and environmental impact of an organization's activities, in a measurable way, to its...
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The effect that attention to sustainable management of natural, financial, and human capital has to an organization by increasing revenues (by offering more desirable products and services) and reducing costs and expenses throughout operations (through more streamlined operations. While many...
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A sector of the market defined by the Roper ASW Green Gauge Report as the most interested in "green" or environmental issues. In 2007, these customers jumped dramatically from only 9% to 30% of the total American consumer population and...
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An assessment of whether or not someone will accept another’s promises, based on: sincerity (the difference between someone's private and public conversations) competence reliability care...
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