You will read the following article that defines sustainability and describes how CEOs have begun to embed these principles into the policies and operations of their corporations. Further, it explains

You will read the following article that defines sustainability and describes how CEOs have begun to embed these principles into the policies and operations of their corporations. Further, it explains some of the challenges that have arisen, and what the new era of sustainability should begin to look like: http://www.unglobalcompact.org/docs/news_events/8.1/UNGC_Accenture_CEO_Study_2010.pdfThe article above refers to a study being published soon by The Economics of Ecosystems & Biodiversity (TEEB). This study has been published and can be found at  http://www.teebweb.org

Also, visit the United Nations Global Compact website to learn more about their purpose and their work: http://www.unglobalcompact.org/

Part 1

Based upon the principles of sustainability as outlined in this article, along with the “conditions necessary for creating a new era of sustainability” (on page 48), explain what the major issues would be in your community In Grenada west Indies in order for a new corporation to begin operations there. What areas would the company need to invest in, in order to remain a sustainability business and to socially benefit the area in which it operates? What ideas do you have for how the business could invest in these areas?

part 2

Please share, in your own words, why you believe the United Nations Global Compact group has initiated the “Accenture CEO Study”. Why are they interested in what CEOs of companies are doing? Why are some of the most prominent CEOs willing to spend time on this study? What is the relevance to business and its relationship to society? Your response to these questions should be at least 300 words in length, and IN YOUR OWN WORDS. If any portions of the writing are in the exact words of the article, or from any other online source, then you will automatically receive a “0” on the journal entry. Also, please include any vocabulary words that are unfamiliar to you.