I was thrilled to be among the 600+ business leaders, investors and other stakeholders who attended the 2014 Ceres Conference, where I was inspired by leading thinkers including colleagues, friends, and even former classmates! I was especially excited to hear from Wells Fargo’s very own Chief Administrative Officer Pat Callahan in an engaging conversation with Jack Ehnes, CEO of California State Teachers’ Retirement System (CalSTRS), and Hannah Jones, Nike Vice President of Business and Innovation.
Pat and Hannah were invited to speak about how Wells Fargo and Nike – two very different companies – are integrating sustainability into the core of their business strategies and getting results.
Jack opened the conversation underscoring the importance of sustainability for companies with large institutional investors, like CalSTRS. He said he knows CalSTRS is “going to be with Wells and Nike from now into perpetuity.”
Pat highlighted the opportunities associated with sustainability and reinforced the “risk in not investing in sustainability.” As a large financial services firm, Pat highlighted that Wells Fargo employs more than 265,000 team members and operates over 100 million square feet of real estate, which she said offers an incredible opportunity for Wells Fargo to decrease the environmental footprint of its operations.
Hannah said Nike looks at meta-trends in their strategic planning, and that Nike sees sustainability as an “investment into the viability of your business going forward.”
Would you agree?