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This blog combines articles from ADEC ESG Solutions, as well as FirstCarbon Solutions (FCS), an ADEC Innovation.

Our Business,
Your Business
Expert Views On Environmental,
Social And Governance Topics

Patrick Schultz

Patrick Schultz

Patrick is responsible for working collaboratively across all FCS operations and business units to deliver outstanding services and products to our clients worldwide. With over 25 years’ experience in operations management, process improvement and project management, Patrick most recently joins FCS from First American Corporation, where he was the Vice President of Strategy, responsible for management and oversight of over $40 million in capital projects. Prior to that, Patrick held positions including Divisional Chief Operating Officer, Vice President of Operations and Vice President of Business Development at First American.

Patrick is a native of Washington state and now resides in Orange County, California. He has a Bachelor’s degree from Pacific Lutheran University in Tacoma, Washington.

Recent Posts

Getting Good at Doing Good: Sustainability Reporting and CSR

Posted by Patrick Schultz on Jan 24, 2019 10:00:00 AM

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In 2016, the UN Global Compact-Accenture Strategy CEO Study revealed that 80% of CEOs believe that demonstrating a commitment to sustainability and societal purpose is a differentiator in their industry.

For several years, a majority of investors have recognized that sustainability is a major factor in ensuring long-term returns. Ernst & Young upholds that sustainability reporting is “a best practice employed by companies worldwide”, as it can help improve practices already in place. In short, there is no doubt that reporting sustainability data has become a crucial part of success for every large business, providing an avenue to improve their relationships with investors and clients while doing some good in the world.

How Businesses Can Help Address Workplace Health and Safety Issues

Posted by Patrick Schultz on Jul 5, 2017 10:00:00 AM

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Target 3 of the United Nations’ Sustainable Development Goals (SDGs) is “Ensure healthy lives and promote well-being for all at all ages.” One hurdle to achieving this target is workplace health and safety. The 2017 Liberty Mutual Workplace Safety Index claimed that US businesses lose at least USD1 billion per week to “serious but nonfatal [workplace] injuries.” According to the Centers for Disease Control and Prevention (CDC) in 2015, absenteeism cost US businesses USD225.8 billion in lost productivity each year. Statistics from the US Department of Labor’s Occupational Safety and Health Administration (OSHA) reveal that more than 4,500 workers lose their lives on the job every year.

The Importance of Climate Risk Disclosure for Business

Posted by Patrick Schultz on Jun 27, 2017 10:00:00 AM

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With the effects of climate change becoming increasingly pronounced, disclosure of climate risks is critical for businesses. Failure to make a disclosure can facilitate poor investment decisions, asset losses and the continuation of trade practices that lead to climate change. According to the November 2015 study Global Non-Linear Effect of Temperature on Economic Production, “unmitigated [global] warming is expected to…[reduce] average global incomes roughly 23% by 2100 and [widen] global income inequality, relative to scenarios without climate change.” Climate risk disclosure makes good business sense—it drives businesses to adopt sustainability measures that will help address climate change. When climate change is managed, profitability is more likely.

Building an Inclusive Workplace

Posted by Patrick Schultz on Mar 7, 2017 10:00:00 AM

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The workplace is becoming more diverse. Immigrants and their children will constitute 83 percent of the US labor force in the next 40 years, and businesses must keep up with the times by building inclusive workplaces. An inclusive workplace is good for business. It promotes higher job satisfaction, productivity and employee morale, and reduces turnover. Employees are more motivated to work harder when their workplace respects class, gender and racial differences. Furthermore, diverse teams can be more productive than non-diverse ones, able to generate innovative ideas because of a wider talent pool. 

The Impact of a Risk Management Plan

Posted by Patrick Schultz on Aug 9, 2016 10:00:00 AM

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Even the most meticulously planned project can run into hot water. No matter how carefully laid your plan is, it can encounter unexpected issues you may not be prepared to handle. How should you operate in these unpredictable situations?