"All businesses are residents of their communitythey 'live' in an office building and should have an interest in building relationships where they live," says Gerstacker Institute director Roy Mathews.
That's one of the lessons sophomores at Albion College in Michigan learned this summer on a field trip to Cincinnati, where they met with P&G's director of personal health care quality assurance and visited Cintrifuse, a venture capital firm co-founded by a former Gerstacker alum.
"We learned a lot about business, but we also got to experience art and music and get a feel for the city," says Caden McKinley, who got an internship offer from Cintrifuse for next summer.
"People use that word a lot, but I had never really understood it before this," he adds.
"There were opportunities for every student that came out of all the networking."
Gerstacker's summer program has been around for three years, but Mathews, a professor of environmental and natural resource management at Albion, took over this year as the first leader of the program, which provides an intensive, immersive study experience for sophomores.
"We learned a lot about business, but we also got to experience art and music and get a feel for the city
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The United Nations Intergovernmental Panel on Climate Change (IPCC) published the first of three volumes of its fifth Assessment Report (AR5). The findings of the report show that mainstream businesses have become greener, with an emphasis on reducing carbon emissions which are the key sectors for impact investment.