In order for the true cost of carbon to be represented in the market, its effects on the environment must be captured like any other externality, and subject to the same laws of supply and demand, setting a dynamic price of emissions in business.This article by the Z/Yen Group examines the two primary market mechanisms available – cap-and-trade schemes, and carbon tax. For more information go to www.london-accord.co.uk

BT tool linking CSR directly to customer satisfaction and profit and building on BT Enlightened Values paper. To see more go to www.bt.com/betterworld

BT shares its belief that creating stakeholder value is the route to creating enlightened values and demonstrates how this works at BT. To see more go to www.bt.com/betterworld.

When it comes to engaging with host communities, even the best intentions can go awry without a robust process. Anglo American's award winning Socio-Economic Assessment Toolbox (SEAT) provides a structured way to work with their neighbours to improve their well-being. The attached pdf document (which can be downloaded by clicking on the 'download' link) describes the evaluation carried out by the non-profit organisation "Business for Social Responsibility". It describes why BSI considers this a good example of how to be a force for good business: The review that was carried out The SEAT process The key findings ("SEAT represents an international best practice in sustainable community development" with explanations and examples of why this is so) Conclusions and recommendations The BSR website can be reached here. You can also read a brief overview/summary of the Anglo American approach here.