Talking sustainability, soup and stout with Campbell’s Dave Stangis

At Environmental Defense Fund, we believe that environmental progress and economic growth can and must go hand in hand. EDF+Business works with leading companies and investors to raise the bar for corporate sustainability leadership by setting aggressive, science-based goals; collaborating for scale across industries and global supply chains; publicly supporting smart environmental safeguards; and, accelerating environmental innovation.

This is the fourth in a series of interviews exploring trends in sustainability leadership as part of our effort to pave the way to a thriving economy and a healthy environment.

Dave Stangis has dedicated over three decades of his career to steering sustainability and corporate social responsibility (CSR) efforts at two iconic American companies, Intel and Campbell Soup Company. As Vice President of Corporate Responsibility and Chief Sustainability Officer at Campbell, Dave has built the company’s reputation for setting a high bar on sustainability and corporate responsibility in the food industry. Case in point: Campbell was recognized as a top corporate citizen by Corporate Responsibility Magazine for the eighth consecutive year.

Campbell set an ambitious goal to cut the environmental footprint of its product portfolio in half by 2020, which entails reducing energy use by 35 percent, recycling 95 percent of its global waste stream, and sourcing 40 percent of the company’s electricity from renewable or alternative energy sources.

I recently spoke with Dave to learn about his approach to setting big sustainability goals, the role of technology and innovation in building a more sustainable food system, and which kind of beer goes best with a bowl of soup. Below is an edited transcript of our discussion.

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ROE (Return on Environment) is the new ROI: how sustainability drives business success

Comparing the themes of Climate Week 2016 versus 2017 provides a telling picture of the state of climate affairs. “America Means Business: US Leadership in a post-Paris World” was last year’s focus, while this year is all about three words: “Innovation. Jobs. Prosperity.”

It has been a remarkable year for climate action – in the absence of federal oversight and leadership, we’ve seen a major shift towards city, state and business leaders becoming the standard-bearers for the environment and the economy. With the release of Fortune’s Change the World list, it is obvious that the bar for corporate leadership has been raised even further. Companies that previously stayed mute on environmental and social issues now speak out; not as an anomaly but as a defining factor of their business.

The expectations of today’s stakeholders – investors, employees, consumers, communities – demand a higher, more visionary level of sustainability leadership. Corporate leaders who put their money, and actions, where their mouth is on environmental and social issues are driving innovation, creating jobs, and gaining a new competitive edge for their businesses. Read more