Buycott
The inverse of a boycott. When consumers consciously leverage their buying power to throw their support behind companies whose actions and/or goals they advocate. Also referred to as “procot.”
Smart Grid
Smart grid technology enables suppliers & consumers to better monitor energy needs. Up until now, utility companies have had very little insight into the energy demands of their consumers and therefore they have not been prepared for peak energy consumption, which results in blackouts. Smart grid is a two-way communication between the consumer & supplier […]
Adaptive Management
In ecology, a method for managing land flexibly based on what methods of management obtain the best results. The process of adaptive management is based on monitoring the results of management actions as part of a feedback loop to determine if management actions have been successful at achieving the desired result. A key concept of […]
Backcasting
Backcasting is a planning methodology where a desired future is defined using either basic principles (i.e. conditions that must be met within the system) or scenarios (i.e. simplified images of the future). An assessment is then made of the current system and strategic actions are identified, prioritized according to their ability to achieve the desired […]
Clean Development Mechanism (CDM)
Clean Development Mechanism (CDM) is a carbon trading system, defined in article 12 of the Kyoto Protocol, with the objective to cut green house gas emissions. To achieve their emission-cutting obligations, developed countries invest in the installation of green technology in developing countries in return for carbon credits. In this system, developed nations can meet […]
Microfinance
The field within financial services in which companies lend capital and provide financial services to low-income groups or individuals who do not typically have access to these services, in order to provide them with opportunity to become financially self-sufficient.
Biodynamic
Biodynamic farming is an holistic and regenerative farming system that is focused on soil health, the integration of plants and animals, and biodiversity. It seeks to create a farm system that is minimally dependent on imported materials, and instead meets its needs from the living dynamics of the farm itself. It is the biodiversity of […]
Social Impact Bond
A Social Impact Bond is a financial instrument where private individuals invest in “public” or government programs, where a return on investment is made if certain metrics are achieved. Resources: Social Impact Bonds (n.d.). Social Finance. Retrieved March 8, 2011, from http://www.socialfinance.org.uk
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About
This Dictionary of Sustainable Management is an open dictionary for business leaders and students of sustainability and business-related terms. It is a project of the alumni and students of the Presidio Graduate School. The purpose of this endeavor is to inspire people to better understand how sustainability concepts are creating new understandings (or reinvigorating old ones) […]
