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Midwest-based Executives Address How To Create Value Through Sustainable Practices At World Business Council For Sustainable Development Regional Conference

Bakker said businesses can start by initiating sustainable best practices in their sectors, then continue with cross-sector innovation, consider the "eco-costs" of their value chain decisions, define the rules of business for reporting and develop an MBA for the future. Businesses must balance their financial, natural and social capital to create the radical change that is necessary to address the resource challenges that are looming.

Keynote speakers were Battelle CEO Jeffrey Wadsworth, and Patrick Doherty and Colonel Mark Mykleby of the New America Foundation.

Panelists included representatives from Kimberly-Clark Corporation, The Dow Chemical Company, Veolia Water, American Electric Power, Clean Water America Alliance, Unilever, PepsiCo, PwC, Greif, Inc., SustainAbility, GlobeScan, The Sustainability Consortium, Full Economic Citizenship Initiative, Groundswell, TruCost and the Fisher College of Business at The Ohio State University.

About the World Business Council for Sustainable DevelopmentWBCSD brings together forward-thinking corporate leaders who galvanize the global business community to create a sustainable future for business, society and the environment. The CEO-led global association is composed of approximately 200 environmentally responsible companies and is committed to providing business leadership as a catalyst for change toward sustainable development. The Council provides a platform for companies to explore sustainable development and share knowledge, experiences and best practices.

About Greif, Inc.Greif, Inc., a leading global industrial packaging manufacturer, has a long-term commitment to creating and engaging in sustainable business practices and supporting humanitarian relief efforts. Greif has invested in manufacturing process improvements that reduce waste, energy and water use. In addition, Greif developed a durable, low-cost backpack that eases the burden of human transport of clean water in developing economies, partnering with Impact Economics for distribution.  The backpack, PackH2O, has been proven in use in Haiti, Guatemala, Uganda and Kenya, and was designed to create local community business opportunities.  Greif's goal is to sell and distribute 100 million backpacks around the world by 2017.

For more information about Greif's sustainability achievements, see www.greif.com/sustainability.

SOURCE Greif, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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