Choice
Should consumers be given a choice whether to buy sustainable or not? Or should manufacturers and retailers practice what is called ‘choice editing’, which means only offering sustainable products? The problem is that almost all sustainable products are more expensive, so most consumers choose not to buy them. Take tuna for example, which accounts for 28% of global seafood sales. Almost 25 years since it was founded, Marine Stewardship Council (MSC) certified sustainable tuna still only makes up 22% of the market. Companies already choice edit for quality, so why not for sustainability? Let’s make sustainability the new quality.
— Wayne Visser
More on Business & Finance
Compass
Unilever’s new 10-year Compass strategy replaces the transformational Sustainable Living Plan that was the legacy of former CEO Paul Polman. There was some concern that…
Economy · Business & Finance
Compensation
What are we going to do about CEO pay – or don’t we really care? Most people agree with the principle of fair compensation. And…
Economy · Business & Finance
Competition
Adam Smith’s ‘invisible hand’ of the market is misunderstood – and underrated. Many forget that besides The Wealth of Nations (1776), Smith also wrote The…
Economy · Business & Finance
From Purpose Inspired: Reflections on Conscious Living, Volume 3. Buy on Lulu ↗