- Dec 20, 2018
The Network for Business Sustainability (NBS) has won a 2019 Clean50 Top Project Award for its work on competitor collaboration. NBS is a nonprofit research branch of the Centre for Business Sustainability at Ivey Business School that provides research-based guidance on sustainable business.
The Clean50 Awards recognize individuals and projects for their contributions to sustainable development or clean capitalism in Canada. Awardees come from many sectors: numerous industries, academia, government, and advocacy. The award convener is consultancy Delta Management Group.
NBS won its Clean50 award for the Collaborating with Competitors project, led by Ivey Professor Tima Bansal, who is the NBS executive director. These online tools show businesses how to work with competitors to create sustainability solutions. It can be difficult for companies to build trust and share intellectual property. NBS guidance shows companies how to protect individual interests while working for the common good.
"The sustainability challenges facing Canada require a collaborative assault on every element of the problem," said Gavin Pitchford, founder of the Clean50 program. "NBS’s research shows us how companies can overcome tensions to pursue critical goals."
NBS brought together researchers and managers from several universities and organizations to co-create knowledge for this project. Project materials are freely available and continue to have impact. For example, the Alliance for Responsible Denim (ARD), a fashion industry effort, has applied the insights to green member companies’ production processes.
Bansal was honoured as part of the inaugural class of Clean50 awardees in 2012 for her business sustainability leadership. This latest recognition shows the continuation of these strong efforts at NBS and Ivey.