A poll released today by American Sustainable Business Council, Main Street Alliance, and Small Business Majority showed that the vast majority of small business owners see weak demand as the primary challenge for their business right now. The most important things government can do to promote small business is to eliminate incentives for moving jobs overseas, cut taxes, and take steps to help restore consumer purchasing power. 78% of small employers support regulations that help small businesses compete on a level playing field with big business, and they favor certain regs involving health care costs and clean energy. (read the report and related op-ed)
Opinion polling released today shows 90 percent of small business owners believe lack of credit is a problem for their business, and they strongly support increasing the lending authority of community banks and credit unions. Small business owners also support investments now being debated in Congress that aim to strengthen the economy and create jobs. The poll, released by American Sustainable Business Council, Main Street Alliance and Small Business Majority, queried 500 randomly-selected small business owners across the U.S. (read the report)
Two-thirds of American small business leaders believe the controversial U.S. Supreme Court decision in the Citizens United v. FEC case handed down two years ago hurts small companies. In fact, only nine percent of small business leaders thought the ruling positive, according to an independent national survey of 500 small business leaders released today by the American Sustainable Business Council, Main Street Alliance, and Small Business Majority. The survey also found that 88 percent of small business owners hold a negative view of the role money plays in politics, with 68 percent viewing it very negatively. (Read More)
The Keystone XL pipeline is a boondoggle for Big Oil that does nothing for American jobs, environment or energy security. It’s a sneak attack on Americans’ wallets that will raise energy prices and food prices in the Midwest. This week the U.S. Chamber of Commerce, American Petroleum Institute, Business Roundtable, with spurious claims of job creation, threatened political retaliation if President Obama does not give the go-ahead. But the pipeline, which threatens the water supply for much of the Great Plains, and threatens to accelerate climate change, must be stopped. Read more
Ben Cohen, founder of Ben and Jerry’s Homemade Ice Cream, and co-founder of American Sustainable Business Council’s “Business for Democracy” initiative, makes an outstanding case for how regulation helps innovators and entrepreneurs. Cohen describes the early days of his ice cream business and how Haagen-Dazs, then owned by Pillsbury, muscled the food distribution companies to drop the Ben and Jerry’s brand. Says Cohen, “Letting the market determine the rules of the business world means there will be only one rule: The biggest guy with the deepest pockets wins.” Read the whole piece here at CNN.
The American Sustainable Business Council and B Lab are thrilled to announce the passage and signing of the New York State Benefit Corporation legislation. Continuing a national trend of strong bi-partisan support for benefit corporation legislation, the New York bill (S79-A and A4692-A), sponsored by Senators Daniel Squadron (D-25) and Assembly Speaker Sheldon Silver (D-64) and co-sponsored by William Larkin (R, C-39), passed both houses of the New York legislature unanimously. This legislation is an important step forward to grow the New York state economy and create more jobs, while also providing greater social and environmental benefit.
The Internet: Perhaps nothing in history has had more impact on business and society in such a short time. Citizens and business have have come to expect that the Net be open without gatekeepers who block traffic or impose tolls on legal content. This state of openness, which is so important for innovation, entrepreneurship, and freedom is known as “Net Neutrality.” Few people know that a handful of special interests and their political operatives are pulling out all the stops to end Net Neutrality and establish the same concentration and control that has limited other media & communications services including telephone service, movies, radio, TV, and the press. The debate came to a head earlier in November as the U.S. Senate narrowly defeated a measure that sought to end Net Neutrality. ASBC laid out the issues and helped the fight with an op ed that ran in The Hill, Sustainable Industries, and Triple Pundit.
On November 17, 2011 businesses across the nation urged the White House and State Department to conduct an honest, thorough assessment of the Keystone Pipeline. In a letter organized by the American Sustainable Business Council (ASBC), business owners and their supporters raised concerns about the potential economic and environmental consequences of the pipeline’s construction. Representatives from 350.org and Green America, which, among others, helped gather the letter’s 810 signatures, joined ASBC for its delivery to the White House. (Read More)
This week, the Coalition for Sensible Safeguards released a comprehensive analysis of the Regulatory Accountability Act; a proposal in Congress to gut the rule-making capability of federal agencies. The Act, known as RAA, is not linked to any specific issue or policy area, but is designed to delay and dilute rulemaking across the board, by raising additional cost-benefit hurdles, additional opportunities for procedural delays, and making rules far more vulnerable to judicial overrule. Among the many cost-saving and life-saving regulations that this would affect are the banning of lead from gasoline, E. coli bacteria in beef, and asbestos and other cancer-causing chemicals in homes and work places. (Read the blog post) (Read the report)
Toxic chemicals are everywhere in daily life; it is hard to get out of bed, get dressed, clean your house, or wash your body without encountering them. This report, jointly issued by Clean and Healthy New York, and the American Sustainable Business Council, provides an overview of the crib mattress market, to make it easier to choose the mattress that best fits a child’s need. Several innovative companies have developed comfortable and durable mattresses that contain only proven, safe materials; this shows that responsible business practices and sound regulations can create market opportunities and promote entrepreneurship. (Read Report)
Governor Brown signed Assembly Bill 361 today to spur the creation of high quality jobs in California through benefit corporations. The legislation, introduced by Assemblymember Jared Huffman (D-San Rafael), creates a new class of corporation in California called benefit corporations that are legally required to pursue the creation of a material positive impact on society and the environment, while meeting higher standards of accountability and transparency. Current law requires corporations to prioritize the financial interests of shareholder over the interests of workers, communities, and the environment. (Learn More)
The American Sustainable Business Council congratulates President Obama for putting forth a bold and practical jobs proposal that will help rebuild the economy. The proposal’s focus on payroll tax cuts, unemployment benefits, and funding for public servants and infrastructure will put money in the pockets of small business owners and consumers. (Read More)
ASBC applauds the President’s commitment to a strong, independent CFPB and his recess appointment of Mr. Cordray, whose pro-consumer track record as Ohio Attorney General makes him an ideal candidate to serve as the CFPB’s first director. ASBC has supported the CFPB since its creation as part of the Dodd-Frank Act, seeing it as an important vehicle to limit irresponsible financial practices that led to the Banking and Mortgage crisis. With a director now in place, the CFPB can fully pursue its mandate to protect consumers and small businesses from a range of abusive practices. Please contact the White House to let them know you support the President’s decision.

Calling on Congress to Uphold the EPA's Powers to Regulate Carbon Emissions
Investors Support
American Sustainable Business Council (ASBC) is a growing coalition of business networks committed to building a vibrant, just, and sustainable economy. The Council is dedicated to moving beyond the politics and practices of the past to identify the innovative solutions that will transform our economy and society. We are committed to ensuring that America's businesses and social enterprises will be a major driving force behind this transformation. Read more