Sustainable Business Examples from Around the World – Hong Kong, Kenya, and Canada
As businesses become more and more engaged in sustainability around the world, we are presented with an increasing range of examples of active companies. However, when I speak with students and faculty, they say that they often hear about the same examples from the same international companies over and over again.
In an attempt to share some new best practice examples, I asked a handful of faculty members from around the world about their favorite classroom examples of local companies that are actively involved in sustainability. Here are some examples from Kenya, Hong Kong, and Canada.
Jessica Vaghi, E4Impact Foundation, ALTIS Postgraduate School of Business and Society, Italy (examples from Kenya)
Continental Renewable Energy (Corec) is a Kenyan based company that recycles waste plastic into eco-friendly building material and sell the hardware to developers whose problem is high material cost by providing affordable and durable construction products. It prevented 700 tons of waste from landfills, made 26,000 posts and signed orders over 10.000 roofing tiles by customers across Kenya in 2 years of operations.
Stamp Investment is a Kenyan enterprise that distributes briquettes and multitasking fuel-efficient stoves, which enables schools and households to have access to safe drinking water with a reduction of 75 % in water borne diseases. The business won the Grand Challenges Africa “pitching your innovation” competition in 2016 and has been the national winner of the most innovative business idea during Enablis Chase bank, ILO business launch pad competition in 2011.
NUCAFE – National Union of Coffee Agribusiness and Farm Enterprises is a sustainable market-driven system of coffee farmer organizations empowered to increase their household incomes through enhanced entrepreneurship and innovation in 19 districts of Uganda. NUCAFE Contributed in influencing the development of a National Coffee Policy and to improve gender relations among coffee farming households and was nominated by AGRA best Africa farmer organization of 2013 in income diversity category.