University at Buffalo School of Management

Buffalo Business - Autumn 2017

The magazine for alumni and friends of the UB School of Management

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12 Buffalo Business Autumn 2017 "Sustainability is how you ensure the long-term supply of your key resources," he says. "By outsourc- ing, companies increase the risk that factories will be improperly managed or use child labor or that farms will use harmful practices that threaten their supply of high-quality crops. It's become incredibly important for firms to audit their suppliers, ensure visibility along the supply chain and incentivize their suppliers to use sustainable practices." For an increasing number of corporations, climate change has become a critical issue, as busi- nesses lead the charge to find innovative, collabora- tive ways to reduce future climate impacts. "Sustainability is a capital markets issue — it's a financial bottom line," says Mindy S. Lubber, BS '75, MBA '77, CEO and president of Ceres, a nonprofit that brings companies, investors and advocates togeth- er to tackle such challenges as climate change, water scarcity and pollution, and human rights abuses. The organization's networks include leading Fortune 500 companies and institutional investors with assets totaling $17 trillion. "Hundreds of companies and investors attend- ed or sent commentary to the United Nations Climate Change Conference in Paris about the imperative of signing an international agreement," she says. "Climate change has an impact on almost every sec- tor of society, and companies are looking differently at what they do and how they do it and incorporating sustainability into that calculus." engaging entrepreneurs, uplifting communities Bryana DiFonzo, PMBA '16, came to the School of Management to add business skills to her nonprofit background so she could approach social issues from a new perspective. Today, as community development director for the Westminster Economic Development Initiative (WEDI), she supports the organization's mission to create communities of entrepreneurs and change neighborhoods across Buffalo. As part of her role, she works with immi- grant and refugee business owners in the West Side Bazaar, a small business incubator for retail and food vendors of many nationalities. Piotrowski in Senegal with the Peace Corps.

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