elephant journal is proud to be the official new media partner with LOHAS Forum. Click here for our ongoing LOHAS coverage, and be sure to follow our live coverage on Twitter. [Our editor Waylon Lewis is honored to serve on two panels during this event.]

[youtube]http://www.youtube.com/watch?v=lDkT3fPRn3U[/youtube]

elephant journal:  Tell me about your experience with LOHAS.

Marc Barasch:  I’ve been around since almost the beginning.  New age business had been bifurcated, and suddenly people were beginning to figure out how to put their spiritual ideas into business.  It started with good ol’ tofu companies, small granola businesses just beginning to advertise and act like real businesses.

elej: How have you seen it change over the years?

MB: It’s been a mixed blessing. You lose some of the authenticity of the core intent as companies sell to larger conglomerates.  It’s wonderful thatit propagates the meme and distributes the products at a scale that a small company never could have done.  There are tremendous benefits to that.  But from my somewhat outside observation, you also lose some of the integrity. For example, if you look at Ben and Jerry’s, when they were acquired by Unilever, I believe they intended to keep a very progressive business model, including a fixed ratio of how much top executives were paid. However, that model was not kept.

So the LOHAS community needs to ask:  how can LOHAS not replicate some of the disparities and discontinuities of the prevailing system that are collectively driving us off a cliff?  I think it’s time for companies to not just look at the sustainability and humanity of their organizational development, not just as a CSR add-on or a laudable afterthought, but something that’s included in the raison d’être of the company itself?  I think that’s the question that we need to be asking. What does the company do?  What is the product?  How can we ensure that it’s not increasing consumerism?

How does this push forward a new emergent model, without pushing forward the parameters of a dysfunctional system?  How does it value and push forward what needs to be done in the world?  And quickly?  We need to step out of the matrix and look at this from some zero point and reverse engineer it.  What does the world need, and how do these entities—businesses and corporations—directly serve that need?

In an era where money is de-realized into nothing but bits and bites, a fictive system based on number magic, the priests of the numerate have always worked abstract magic on the masses, and become the elite through magical hand gestures—in this case, tapping on keyboards.

I’m very personally interested in complementary currencies.  Look at Switzerland, for example.  One reason that they’ve been so stable economically is not just because they are neutral, but because they have some very sophisticated complementary currencies to meet social needs, as well.

elej: What do you think we need now?

MB: I think it’s time for radical experimentation, we need hybrid or fusion companies, with nonprofits using the profit system and businesses founded with a social mission first, such as Patagonia.

How do we take on the really large social mission of true transformation, and not just nibble around the edges of real change?  I think that’s not just grandiosity.  It’s necessity.

How do we model as organizations that meet emergent civilization?

elej:  How are you modeling an organization that meets the emergent civilization?

MB: This might sound pretentious, but I really took a cue from something Thomas Keating once said, something to the effect of, “I get up every morning, and I decide what will do the most good.  This simplifies things tremendously.”

6 years ago, when Field Notes on the Compassionate Life came out, I thought, “If I’m talking about compassion, I need to enact it.”  So I stopped my entire career trajectory from that point forward, and asked how I could do the most good and accept whatever answer I was given.  I asked myself, "what does the universe want?" And I’ve followed that question pretty loyally for these last 5 years.

That lead to a lot of coincidences, that eventually led me to planting trees in Ethiopia, to start.  I started the Green World Campaign, and watched it grow into a mostly volunteer-driven organization that’s now operating in 5 countries (Kenya, Ethiopia, Mexico, Philippines, India).  We’ve planted close to 500,000 trees.  We’re involved in regenerating communities.  We’re restoring the economy and ecology of the world’s poorest places, doing work that serves people and planet.  In the model of agroforestry that humans and nature have been co-creating since the beginning.

The idea that our relationship to the natural world is to avoid keeping our own destructive hands off it, is inadequate, completely. We’re supposed to work in an integral way together. Renew communities as we renew the environment.

How do we take the holistic model that we all ascribe to philosophically and apply it in the real world, particularly at the bottom of the pyramid, with the people and places that our collective fate is inextricably entwined?  Collective enactment of the global village.

As a critique, we’re very good at created “enlightened, green-gated communities”.  But how does this affect the poorest of the poor?  Trickle down economics.  Everything is connected.  Everything should be seen as interactive parts of a whole.

Reforestation is a quantifiable healing strategy.  We are using interactive new media and new technologies.  It’s part of the DNA of GWC.  We have an alliance with Digital Globe, the largest satellite imaging company, to be able to show donors over time degraded areas turning green.

A tree is a deeply embedded meme in the human psyche.  We’re a tree-planting species.  We always have been.

We’re operating in many domains, whether it’s carbon credits for eco-stoves, creating social enterprises by sourcing commodities like herbs and teas, non-timber forest products, how to partner with indigenous communities in a way that empowers them and also introduces appropriate technology and new agronomic strategies that are harmonious with their traditional agricultural practices.

We are not only providing environmental education, but also working on linking that up with schools in the US, so kids can get a sense of the global village.  I’m big on creating positive feedback loops in a way that empowers global citizens. Doing good doesn’t have to be only through large corporations and large environmental groups.  How do we self-aggregate and do something that we can see that benefits all of us?

How do we all learn from each other?  I’m taking pains to pick and search partners that are mission-aligned and have a real global citizen mindset.  Some sort of understanding of the spiritual underpinnings of human existence, if you will. We’re not aiming to be USAID.  We want to work with the LOHAS community.  We’re propagating ideals in the context of the developing world that are really building global community that includes the poorest of the poor.

Our model is infinitely scalable.  With proper funding, we could scale this up almost immediately.

I call this work Green Compassion.  And the movie “I Am” also relates to this.

elej: Tell me about I Am.

MB: I got a call from Tom Shadyac, who wanted to make a film about the book.  A large part of the film is based on the book.  Here’s a guy who had earned about $2.1B dollars gross for the studios thru his Jim Carey and Eddie Murphy movies.  As much as possible, I want Green World Campaign to be congruent with the ideals presented in the movie and the book. Everything I do is informed by my own healing work and experience, and my background in Buddhism.  It all stems out from that.

Interviewer's note:  And that's what it's all about.

by Scott James

This month we took in a conversation with David Batstone, whose current job titles include Professor of Business & Entrepreneurship at University of San Francisco, President and Co-Founder of the Not For Sale Campaign, and Managing Partner of Just Business Fund. Let’s hear what David had to say:

Scott: What country should serve as a model for the U.S. community of CSR professionals and why?

David: Norway. I’ve been impressed with both their government and private sector initiatives. Their largest telecom company – TeleNor – was the 51% investor to bring launch Grameen Phone, the very successful mobile telephone company in Bangladesh. I wish our own country’s administration could begin encouraging business models and investments like this. We’re missing the boat in the U.S. to create local enterprises in other countries which offer both better return and a better chance of success because they are locally embedded. There are real business opportunities for – and with – the bottom billion. Let’s not lament the troubles involved; we must rethink who our market is and expand it to include this group.

Scott: Where are we (the US-based CSR community) succeeding?

David: Our private sector green protocols and investments are working. They represent cost savings, but also bring alternative energy and waste reduction to Corporate America in ways that you are not finding in other regions of the world. For example, last year Intel bought 1.4 billion kilowatts of renewable energy. Think of what that does for both new and existing renewable energy companies in terms of capital flow and attraction of investment dollars.

Intel is just one company; imagine if we were to see 10% of the Global 500 match Intel’s commitment! This is much more encouraging to me than any type of government compliance work around climate change. The private initiatives coming out of a strong CSR commitment are making much more headway than is our government.

Scott: How about our failures, where we are not succeeding as much as we could?

David: There is a real sense of ambivalence about CSR right now. It’s like a trip to the dentist; you know you have to do it but it’s not a pleasant experience. It does not provide inspiration and vision for most companies. But there is hope.

There are a selected few companies that are taking CSR to the very core of their business and corporate identity. It’s beyond starting a soup kitchen here or a HIV clinic there, although those are very important things. It’s about how our employees care and engage with this on a daily basis. They’re not just making widgets but tied to something bigger.

Stonyfield Farms (now owned by Dannon) used to do a lot of diverse philanthropy, but they’ve focused their CSR investments now to help farmers transform their dairy businesses from hormone-based to organic farming. And the small farmers are core to Stonyfield’s supply of high quality healthy products and brand identity.

Scott: Tell me about a company doing something in CSR that is a model for our future.

David: The G-III Apparel Group, which owns the U.S. license for Levi’s jackets and other name brands. As they are converting their supply chain, they’re thinking well beyond just CYA to create a story behind their product. They are reshaping what it means to be a retail brand by enhancing the lives of everyone who comes in contact with their product. G-III is sourcing organic cotton from an area in the Amazon heavily afflicted by human trafficking.

They are working with the Not For Sale Campaign to source from that region specifically to benefit the producers and communities, bringing the material to a Cambodian manufacturer also committed to a fully transparent supply chain. This enables retailers to communicate an authentic supply chain story, creating an emotional link for the end purchaser of the apparel. The new driver is consumer experience, not just price point and distribution.

Scott: What question are we not asking ourselves that we should?

David: Most of CSR today is derivative. We look for the easiest path, the plug-and-play CSR solution for our companies. Instead, we should be asking ourselves, “How do we become the Apple of social innovation?”

The 2011 LOHAS Forum is very excited to have the 2010 women’s champion and 4 X-Games halfpipe gold medalist Gretchen Bleiler as a speaker. Why is she a speaker at a business conference like LOHAS? Because she is not only a kick ass boarder but is also a role model for girls and young women wanting to aspire to be successful in athletcis while being conscious of the environment. 

After winning a silver medal in the 2006 Winter Olympics for women’s snowboarding halfpipe, Gretchen decided to use her position as a chance to speak about an issue that is close to her heart - climate change. Gretchen has just kicked off of the “21 Day Reusable Challenge,” an eco-minded call to action asking individuals around the globe to give up single serving disposable plastic water bottles, plastic grocery bags and Styrofoam takeaway containers for 21 days. In addition to wanting to get the public involved, Gretchen has also asked other winter X Games athletes to take the challenge with her going into Winter X Games 15
 
With the idea that it takes 21 days to build a habit, the challenge encourages people to consciously “create a habit” to benefit our habitat. As a speaker at a recent college environmental conference, Gretchen wanted to call students to action. Out of this desire, the 21 Day Reusable Challenge was born.
 
Gretchen says, “Every single one of us has a unique opportunity to create awareness and influence change, so the 21 Day Reusable Challenge is a chance for people to stop using harmful disposable products, and inspire their friends and families to do the same by simply posting videos and photos through their social network.” From there, Gretchen’s Facebook followers vote on the most inspirational stories and the top five individuals with the most liked stories will win products from Gretchen’s sponsors Oakley, K2, Mission Skin Care, ALEX Bottle, and Holga Cameras. 
 
She is also working with sponsors Oakley and K2 Snowboarding to create a signature eco friendly clothing line and products. Gretchen has also started her own sustainable stainless steel reusable water bottle company, ALEX Bottle, with husband and former Oakley Marketing Manager, Chris Hotell.

In collaborating with other industry snowboarders and X Games athletes, Gretchen hopes to spread the message and encourage people to participate in the challenge, incorporating reusable living in their everyday lives while also raising awareness to the amount of disposable waste we are still exposed to on a daily basis. “Our winters depend on how we manage our consumer habits, and since most of these athletes already practice sustainability, this is a chance for them to show it and encourage their fans to do the same” says Gretchen.

It is because of her eco-awareness, creative initiatives with outdoor lifestyle brands and her unique position as a role model for women that we feel she will have a lot of insight into connecting with women. Women comprise a majority of the LOHAS market. Gretchen will be speaking on a panel discussing the growing Sheconomy and ways best to communicate to the female consumers of LOHAS products and services. We look forward to hearing her unique perspective.
 

Businesses the world over are leveraging LOHAS as a way to understand the consumption preferences of a growing number of people who care deeply about personal, community and planetary health and well-being, and are willing to spend accordingly.

While this theme acts as a backbone for LOHAS globally, significant differences exist in the interpretation of LOHAS from one geography to another. Not surprisingly, these differences tend to be largely driven by local cultural, environmental and social nuances.

For example, according to Peter Salmon from Moxie Design Group, LOHASians in New Zealand express their LOHAS values through outdoor experiences, seeking a connection with the landscape and concern about social issues.  This differs from U.S.-based LOHAS consumers, who typically have a stronger focus on personal well-being.  In Australia, the situation is different again, with environmental issues of drought and climate change hitting many Australians hard in their own backyard. Severe water restrictions are forcing Aussies to change how they think about their much-loved gardens and lawns.

CERTIFICATION KEY TO MARKET ACCEPTANCE
A key theme emerging from European and Australian studies is consumers’ desire for certification marks or “trust” marks from credible certification bodies, providing independent verification that the product lives up to its LOHAS claims. Supporting this claim are the findings of a  recent Porter Novelli report, which revealed that Europeans were 32 percent more likely than American consumers to buy products with such marks, and Mobium Group’s Living LOHAS report, which found similar conclusions among the Australian population.

LOHAS IN ASIA
Despite many similarities, key differences have emerged in the use of LOHAS between Western countries and the countries of East Asia—including Japan, Taiwan and South Korea, where LOHAS is a booming consumer term. The emergence of LOHAS-branded foods and beverages, fashion labels and even LOHAS department stores heralds a new use of the LOHAS term as it crosses from business-speak into the consumer vocabulary.
While most Western consumers would draw a blank if asked for a definition of LOHAS, approximately 70 percent of Japanese adults at least recognize the term while up to 40 percent can articulate its meaning, according to Toshi Ide of the Japan-based LOHAS Business Alliance.

But how is LOHAS really interpreted in Asia? In China, LOHAS has been roughly translated to mean “good life” and has even been picked up by Chinese state radio. And English-language website Chinadaily.com.cn has published several articles referring to “escaping city life” and enjoying LOHAS experiences on the weekends in the countryside surrounding Beijing.

In Singapore, the city state’s Tourism Board markets the country to its Asian visitors as the LOHAS city—focusing on its spa resorts, authentic Nyonya-style cooking and its water recycling efforts (a necessity in such a small island nation, as the key to its LOHAS claims).

The emergence of LOHAS as a consumer brand has brought with it a range of organizations seeking to capitalize on the term, with varying levels of commitment to the values of core LOHAS consumers offered through a wide a range of products and services.

INNOVATION
Small and medium-size enterprises comprise one sector where serious efforts have been made to address the needs and desires of LOHAS consumers on platforms of personal and planetary health and wellness. In many cases, these businesses have been the keys to LOHAS innovation.

One example of this sort of innovation is U.S.-based Terracycle.net, a company achieving mainstream distribution and significant success turning waste streams into value through a range of innovative products and services, including a novel approach to garden fertilizer.  With major distribution agreements across North America and licensing interest from across the globe, Terracycle has demonstrated that LOHAS innovation can deliver clear business value.

Another example is Australia-based professional garment cleaners, Daisy (www.daisy.net.au). Daisy has managed to eliminate the harmful chemical, perchloroethylene (tetrachloroethylene) from its dry cleaning process, using a water-based alternative to deliver an odorless dry cleaning solution free from harmful toxins. Such is the popularity of the Daisy service, excess demand currently means a wait of three days to have your suit cleaned! But based on the volume of customers prepared to wait, the LOHAS approach to dry cleaning has again demonstrated a commercial payoff.

Similarly, this year saw the launch in France of Velib (www.velib.paris.fr), a Paris-based commercial bicycle sharing operation that provides bicycles for commuters for a nominal fee. With over 10,000 bikes in circulation across 750 self-service docking stations throughout the city, this model is providing inspiration for cities the world over.
It seems that everywhere you look, there are examples of innovations, often by small and medium enterprises that are working toward more sustainable and healthier outcomes for people and the planet.

CONNECTIVITY
One of the difficulties faced by LOHAS consumers and the businesses that supply their needs is seeking out and finding each other—and connecting.
This key theme is driving the emergence of media platforms that respond to LOHAS consumers’ desire for greater connectivity—to other LOHASians and the organizations that manufacture and retail products and services that meet their values criteria.

Examples of recent activity in this space include Gaiam’s acquisition of Lime.com and zaadz.com, two strongly LOHAS-oriented information and social networking sites. Businesses, including U.S.-based Sustainlane, New Zealand-based Celsias, and a range of other sites across Europe, are springing up across the globe to fill this gap for information, referrals and advice. Discovery Channel recently purchased website Treehugger.com as the online property for its soon-to-be-launched Planet Green program.

Across the globe, mainstream consumer and investor interest in opportunities related to renewable energy, organic food, complementary medicine, low-impact transportation and other LOHAS products and services clearly demonstrates that LOHAS businesses have moved out of the fringes and are now attracting significant investor capital and expertise. Companies and investors that embrace the opportunity that LOHAS presents have the opportunity to take a leading position in the industries that will define the 21st century.

Key Facts: LOHAS in Australia
• Nearly 4 million adult Australians (26 percent of adult population) are LOHAS aligned. 
• Individuals with a LOHAS outlook are drawn from all parts of society; their values and world view are not strongly tied to income, geography or gender.
• Australian consumers currently spend $12 billion on goods and services in the LOHAS market segments, with an overall growth rate of 20 percent expected to continue. The market is expected to reach $21 billion by 2010.
• While 8 percent of the population are LOHAS “Leaders” who are highly committed and active participants in fully integrated healthier, more sustainable lives, the LOHAS “Learners” are the largest of the four segments, identified at 46 percent and standing as a largely untapped opportunity. 
• Learners would like to do the “right thing” but are not sure where to start. Solving for their key barriers, which include price and availability, are paramount to unlocking this market.
Source: Mobium Group, www.mobium.com.au, Living LOHAS Report, 2007.

Key Facts: LOHAS, New Zealand
• 32 percent of population Solution Seekers (NZ Equivalent of LOHAS)
• 57 percent female
• Greatest concentration (29 percent) are in the 45-54 year age bracket
• Slight skew toward rural rather than metropolitan locations
• Income profile of NZ LOHAS is growing over time
Source: Peter Salmon, Moxie Design Group, www.moxie.co.nz
Examples:
1. Media/online:
2. Lime – online portal to information, help and advice on LOHAS lifestyle
3. Zaadz and Riverwired – online LOHAS-oriented social networking sites
4. treehugger.com, Celsias.com – innovative online information sources for LOHAS-related themes and online collaboration
5. lohasguide.de (Germany), Sustainlane.com – LOHAS-related product and service listings and market information
6. Mobium Group – Australian research and strategy business focusing on sustainability and well-being; conducted the first research into Australian LOHAS consumers
7. Macro Wholefoods (Australia) – organic and natural foods retail store chain
8. Eco Age (eco-age.com) – a new store in London claiming to provide “a store, showroom, consultancy and destination that will offer inspiration, ideas and specific domestic solutions for all those who want to lead a greener and more energy efficient life”
9. Terracycle – Innovative company that re-uses waste streams and turns them into value-added products
10. Velib – Paris-based bicycle-share company
11. Flexicar.com.au – Australian car-share business winning support from local governments for their eco-friendly and cost-effective car-sharing program
 

Authored by The SOAP Group

Language shapes the way we think and determines what we can think about,” said linguist Benjamin Whorf. Since advertising is the most read text in our culture (we’re hit with between 300 and 3,000 messages each day), the role that advertising’s language plays in shaping thinking about sustainability should not be ignored.

To look at this issue in a bit more depth, we surveyed 100 green print advertisements from both mainstream and
green-minded publications. The ads were for a variety of goods and services, including building products, food and beverages, automobiles, airlines, investing, electronics, detergents, pet food, and cosmetics among others.

Understanding the most commonly used green words of today, reveals insight into the communications trends of tomorrow. As a marketer, understanding ubiquity and saturation is one of the first steps in identifying what’s next. It is then important to recognize that the pulse of modern language provides the market advantage of differentiation.

Emotion vs. Science
The advertising survey bisected operative words (headlines and positioning content in copy) and word families (e.g.,
carbon, CO2, and carbon offset were grouped as one set) into Emotive (“change,” “progress,” “clean”) and Scientific (“carbon,” ”planet,” ”hybrid”) categories. Hyphenated words, like ”eco-friendly,” were considered emotive. We also looked at language intent: Was the phrase intended to be emotional or scientific? For example, in nearly all cases “green” was used emotionally or aspirationally, not scientifically.

At this primary grouping, science-derived words were used 168 times as opposed to emotional words at 116. This
represents marketers’ awareness that prevailing consumers are looking for factual data when making purchases in green contexts. That said, most of the science was fairly vapid, relying more on the language of science than on science itself. This means that science, as a brand differentiator, still has unclaimed potential.

More interesting, however, is the emotive side of the ledger. “Green” was toppled as the leading operative word in its
own category of goods and services. “Less” is today’s operative. “Less” represented the most common linguistic turn
of phrase, showing up 28 times in 100  ads (“green” appeared 23 times). The phrase “go green” is all but abandoned
today. “Green” and its variations are telltales of greenwashing. Still, it seems that it has been relegated to serving as a shortcut to define the category, but doesn’t offer much depth beyond that.

Is “Less” the New “Green”?
Maybe. Green marketing often takes the shape of its current cultural condition. When energy (fuel, etc.) prices were
painfully inflated, marketing language (and solutions) turned to saving money and distance efficiency. Way back in
2008, one could be green and indulge at the same time, as long as they drove a hybrid to get there. Today, energy prices have fallen, but less immediately controllable economic hardships have replaced them. The current condition is one of anti-overindulgence, simplicity (noted eight times, it is a form of “less,” but not classified as such in our survey), and doing more with well...less. This is a cultural condition of the economic turn. “Less” is on the lips of CEOs, school administrators, advertising sales teams, governors, and kitchen-table budgeters. And, apparently, green marketers have picked up on this fact. No surprise there. But, “less” in these ads is a factor of economics, not life philosophy. This was the case with “green” too, where it was arguably more about social status and trend than a
change in values.

It’s odd how a phrase intrinsically linked to anti-consumption can become the most popular word in marketing goods and services. Like “green,” this is the co-opting of the LOHAS language by the mainstream all over again.

But advertising has never been accused of being “accurate” language, so in a sense what’s odd is that we expect authenticity to play a role in it at all. Or at the very least, we should.

Most advertising is based on use of the superlative. “Very” lost its meaning through overuse, so we installed “very, very” into the language set. “Yes” has had to become “absolutely.” “Green” is currently interviewing for hyper-replacements, both in terms of movement and language. This is evolutionary language theory at its quickest. It will be interesting to watch “less” become a superlative. And, of course, we await lesswashing — where the consumption of less is a contrived illusion.

Encouraging consumers to consume less is an emerging marketing strategy. Engineering ways for them to have the same reward consumption offers is a sustainability strategy.

Author Edward Abbey said, “Growth for the sake of growth is the ideology of the cancer cell.” In more theoretic terms, according to ecopedagogy, sustainability is not being realized because it represents the antithesis to the political, economic, and cultural status quo of the powerful forces needed to fuel growth. The ‘less’ backlash is a response to this and marks a real milestone along the pathway to culture change and LOHAS ubiquity.

What is a LOHAS Ad?
What’s the difference between a mainstream ad and a LOHAS ad? Maybe a LOHAS ad is a gadfly. A LOHAS ad may be one that challenges the status quo of not just health and sustainability, but of advertising itself. Maybe LOHAS advertising needs to do more than promote and educate. On some level, LOHAS ads have both an opportunity to simultaneously inspire and make a mess.

Shakespeare said, “Past is prologue.” So how can we use these linguistic trends as an opportunity to create more authentic culture change stemming from the LOHAS business community and emerge into the mainstream (as opposed to mainstream marketing to LOHAS)? There are some new frontiers that are ready for marketing to embrace.
• Local as the new niche market (“The 100 Mile Diet” goes mainstream)
• Overwhelming positivity
• Authentic “me” instead of purchased badges of community
• The acquisition of experience over products
• Activist-based marketing (not guerilla, rather marketing that has a purpose beyond marketing)

Advertisements tend to signify cultural trends. They enforce classic structures of economy and politics. But they can also subvert the same. We are advocating for LOHAS marketers to push harder now more than ever to promote their goods and services through the principles and ideals of the LOHAS marketplace, not just the associated signs and signifiers. Move beyond language, go deeper into the trends, and create new levels of business consumer dialogue and engagement.

In 1968, when Garrett Hardin wrote “The Tragedy of the Commons” he was describing a particular dilemma in which individuals acting independently in their own self-interest ultimately destroy a shared resource—even where it’s clear that it is not in anyone’s long-term interest for this to happen. Today’s green ads may be serving the interest in meeting a company’s quarterly bottom line, but few are acting in the interest of communal sustainability.

Unfortunately, advertising shapes American culture; it shapes our image of ourselves. But it is through deconstructing the codes of advertising that we can begin to learn the limits of these codes. And, in turn, improve the odds of sustainability, social equity, and enduring value.

On a whim, I spent part of the holiday season in Sydney, Australia, one of few major world cities I have never visited. Sydney is a great place to tour, but you better bring lots of money, as prices are very high, more like London or Paris than most U.S. cities. So long as you can afford it, the sightseeing is terrific.

It could be argued that the Sydney Aquarium is among the best in the world, boasting incredible specimens of sting rays, dugongs, giant sea turtles, crocodiles, and many more. The design of the building itself is first rate, great viewing even with big crowds, especially where you walk "through" the huge tanks with giant fish passing over your head - it appears the six inch thick glass is strong enough. The famous Opera House is even more breathtaking in person, and the indoor views are as stunning as the exterior. You can climb to the top of the giant Sydney Harbor Bridge on foot, try that in the States with our lawsuit-happy society. The Art Gallery of New South Wales offers a world class collection spanning the centuries. The champagnes, petit syrah, and shiraz continue to get better and better. The food is generally good, and a growing variety of organic and natural choices are offered. As for the customer service, well, I'll circle back on that in a moment.

To my surprise, I found the folks Down Under are ahead of us in a number of ways when it comes to going green and sustainability management. I stayed in the City Centre area of downtown, which is noticeably clean and tidy. Strange looking "Go Green" passenger-carrying bicycles with full canopies, kind of like the pedi-cabs in Central Park, periodically troll by. A natural gas powered fleet of city buses circulates regularly. Dual-flush toilets are very common in public places. Separate recycling containers are inconsistent but available. Apparently most residential neighborhoods are given three separate bins, for bottles and cans, compost, and regular trash. And unlike many U.S. downtowns, many building lights and signs are turned off at night to conserve power.

What's most impressive are the strict new rules - in an economy at least as compromised as ours - pertaining to energy efficient new construction. All homes must meet stringent energy efficiency standards to receive building permits; each home must also have a rainwater collection system which supplies the toilets. There seemed to be a high level of ecological thinking, awareness and support for these policies, at least among the various citizens I encountered.

Unfortunately, Australian Prime Minister Kevin Rudd has been unable to pass a national cap and trade or equivalent policy to limit carbon output. Like our Senate, the Australians have failed to push meaningful climate change legislation across the goal line. When discussing this with the local intelligentsia, the feeling is that Australia is behind other nations and is missing out on a chance to rebuild their economy around renewable energy and clean tech. Policies such as scrapping their solar incentive program are inconsistent with Rudd's declaration that "climate change is the greatest moral and economic challenge of our time," according to The Australian on December 30th.

My only complaint is that service is "relaxed" compared to our standard in major cities. Even in the heart of downtown Sydney, the pace and intensity is not the same as America. In many cases we couldn't get waited on at all unless we literally grabbed a waitperson. You sometimes felt like you were intruding by asking for someone to take your order. ]To the good, it feels like there is a higher standard of ethics and integrity among the retail trade: I had several salespeople send me up the street to direct competitors if they didn't have what I was looking for. Cab drivers don't try to rip you off. It seemed that in general, a deal's a deal, no strings. Very refreshing.

Globalization is definitely affecting Sydney. You still see the traditional, burly Crocodile-Dundee type guys on the street, but in general foot traffic reveals a melting pot not unlike London or New York. I think I will have to come back to see the Outback regions and scuba dive the Great Barrier Reef.

As always, I'm curious to hear your impressions of how green Australia is, and, whether you agree with me about the service. Thanks for reading. If you are interested in reading more about energy efficiency upgrades and rainwater catchment systems, please click here. 

I assume that many of you are looking at your personal finances due to a new year and the tax man that will soon be knocking. Many may be asking themselves - "How can I do well while doing good in today's economy?" Well this is what I certainly am doing for my own personal reasons. Not only am I an advocate of sustainability management when it comes to business but also when it applies to personal finance. It certainly seems strange to think about investing as the unemployment rate hangs at 10%, foreclosures continue and penny pinching seems to be all the rage. And I find it so peculiar how we all relate to money. Money is supposed to be a unit of exchange for objects and services. It is not something to be a slave to. But why are we such slaves to it? Where does all the emotional baggage come from that surrounds it? What if we look at it money with different perspective? Would that give us some better ideas, attitudes and insight? This is what I have done and here are some great books I have recently read that I would recommend to anyone to read who is considering a new direction to take for their financial future and outlook on what to value.

The Cure For Money Madness - Spencer Sherman
spence spoke at the 2009 LOHAS Forum about his new process for curing what he termed 'Money Madness'. He had sufferred from it and noticed it in his clients, too: those irrational feelings about money that make otherwise rational adults behave foolishly—buying high, selling low, overspending, lying to their spouses, equating their self-worth with their net worth. Money madness stresses us out, poisons our relationships, and keeps us from making as much money as we can. So Spencer invented the cure. Now, in The Cure for Money Madness, he gives us the tools that have helped thousands of people find greater peace of mind—and make more money.

accorind to Spencer, money madness comes from unproductive messages that we received long ago such as, “It takes money to make money.” or “Paying rent is just throwing money down the drain.” “Don’t talk about money.” When you challenge the messages, you can transform all aspects of your money life: earning, spending, saving, investing, giving, borrowing. More money will flow to you. Your relationships will improve. You’ll enjoy your money more. And you’ll be more generous, too.

In The Cure for Money Madness, you’ll discover:

How much your money madness has been costing you
How wealthy you truly are, by using the revolutionary Actual Net WorthTM statement
How “small and boring” can help you outperform the top investors—without watching the market
How to communicate about money in ways that create deeper connections with your spouse, parents, children, friends, and colleagues
How to know what is truly enough

Money madness keeps us from living as richly as we might and enjoying the wealth we have. In these tough economic times, The Cure for Money Madness transforms fear and stress into prosperity and peace.

I like this book because I can relate to it through the emotions that I have experienced that are attached to money and there are very simple steps to follow that Spencer has put together to get to not only the root of the emotions for reprogramming but also a roadmap to financial freedom.


Slow Money - Woody Tasch

Another presenter at LOHAS, the ultimate green conference. Woody has seen a lot regarding asset management. This book talks about large picture and  presents the path for bringing money back down to earth- philosophically, strategically, and pragmatically- and with an entrepreneurial spirit that is informed by decades of work by the thousands of CEOs, investors, grantmakers, food producers, and consumers who are seeding the restorative economy.

This is the path toward a financial system that serves people and place as much at it serves industry sectors and markets. To discover this path and to begin to walk down it: That is the mission of Slow Money. This mission emerges from Woody Tasch’s decades of work as a venture capitalist, foundation treasurer, and entrepreneur, whose explorations shed new light on a truer, more beautiful, more prudent kind of fiduciary responsibility—a fiduciary responsibility that is not stuck in the industrial concepts of the nineteenth and twentieth centuries, but which reflects the economic, social, and environmental realities of the twenty-first century.

These explorations take us from the jokes of his father to the insights of his son, from the boardrooms of foundations and start-up companies to the farm fields of Vermont, from gopher holes in New Mexico to the possibilities of an alternative stock exchange, from Carlo Petrini to Muhammad Yunus, from Thoreau to Soros.

    * Could there ever be an alternative stock exchange dedicated to slow, small, and local?
    * Could a million American families get their food from CSAs?
    * What if you had to invest 50 percent of your assets within 50 miles of where you live?

Such questions—at the heart of Slow Money—are the first step on our path to a new economy and a new culture. Inquiries into Slow Money is a call to action for designing capital markets built around—not extraction and consumption but—preservation and restoration. Is it a movement or is it an investment strategy? The answer is yes.

I enjoyed this book because it provides clarity and reason behind alternatives that can happen if we look at our current broken financial systems that chase quarterly earnings instead of measuring full wealth beyond dollars. It put me in a very calm and peaceful state of mind and made me appreciate the simple things more. It has started a movement that I am all behind and am hopeful it will lead the path to sustainable green business.




Your Money or Your Life - Joe Dominguez, Vicki Robin, Monique Tilford

This is a book I read a while back that really gave me the best roadmap to savings that I had ever had at a time when I really need it. I was in a large debt hole and after reading I was able to have a blueprint of a savings plan and goals that I was able to accomplish. Thier program is a simple yet powerful one that I did successfully. And if I can do it anyone can.

Do you spend more than you earn? Does making a living feel more like making a dying? Do you dislike your job but can't afford to leave it? Is money fragmenting your time, your relationship with family and friends? If so, Your Money or Your Life is for you.

If you are looking for a serious, no-bones-about-it approach to simplicity and financial independence, we recommend that you read and follow the nine-step program outlined in Your Money or Your Life, by Joe Dominguez and Vicki Robin with Monique Tilford.

There is simply no better, step-by-step program available than this. It has helped thousands of people simplify their lifestyle and dramatically change their relationship with money.

Joe Dominguez and Vicki Robin took back their lives by gaining control of their money. They both gave up successful — and stressful — careers in order to live more deliberately and meaningfully. Now, in this inspiring and empowering book, they explain their nine-step program that shows you how to:

    * get out of debt and develop savings
    * reorder material priorities and live well for less
    * resolve inner conflicts between values and lifestyles
    * convert problems into opportunities to learn new skills
    * attain a wholeness of livelihood and lifestyle
    * save the planet while saving money
    * and much more

WHY READ THIS BOOK?

Ask yourself these questions:

    * Do you have enough money?
    * Are you spending enough time with your family and friends?
    * Do you come home from your job full of life?
    * Do you have time to participate in things you believe are worthwhile?
    * If you were laid off from your job, would you see it as an opportunity?
    * Are you satisfied with the contribution you have made to the world?
    * Are you at peace with money?
    * Does your job reflect your values?
    * Do you have enough savings to see you through six months of normal living expenses?
    * Is your life whole? Do all the pieces — your job, your expenditures, your relationships, your values — fit together?

If you answered "no" to even one of these questions, this book is for you.





More Than Money; Questions Every MBA Needs to Answer - Mark Albion

I really like this one as it is a quick read with powerful insight for those new grads. Can MBAs, often cast as risk-averse conflicted achievers caught in the MBA trap of "I'll make money now and then...", find their true happiness and achieve their destiny in the midst of societal and peer pressures?

Absolutely--if you recognize that what you thought were your safest career choices actually may be your riskiest. How so? Your safest choices keep you on your destiny path; your riskiest ones take you away from it.

How do you know? More Than Money offers four questions and twelve principles to keep you on your path and tools to help you measure where you are and what you need to do to fulfill your destiny.

I highly recommend this book to MBA students or to those who know new MBA's and give it to them as a gift.

These are a mixed and diverse grouping of books and some may value some more than others. If you have any other books or experiences on personal finance or understanding our societal relationship with money I would love to know about them. Please share.