Middlebury Institute of International Studies at Monterey

Eric Israel

Adjunct Professor

I am passionate about innovative business models that create value based on environmental and social justice. What excites me about being a professor at MIIS is the opportunity to educate and learn from the next generation of decision makers that will transform outdated business of paradigms into sustainable and globally scalable solutions. 

Recent Accomplishments

  1. CFO of ECrent US (2016): Founded in 2013 ECrent is the world's largest and fastest growing multi-category sharing economy platform committed to a more sustainable future and attracting consumers with a social conscience; 
  2. Co-developer of the REF (Restore the Earth Foundation) EcoMetrics Modeltm (2015): An integrated approach to value creation, impact assessment and reporting;
  3. GRI (Global Reporting Initiative) North America liaison to the International Integrated Reporting Council (IIRC), Sustainability Accounting Standards Board (SASB), and CDP (Carbon Disclosure Project) to advance global alignment and convergence regarding sustainability reporting standards (2014). 

Previous Work

I am an internationally recognized auditing and sustainability business advisor, with global experience in sustainability finance and reporting, corporate governance, forensic accounting, and supply chain management. With 30 years of "Big 4" consultancy experience, I successfully dealt with the unique challenges facing many multinational companies and investors on how to understand and integrate complex sustainability issues and dilemma's. 

I was the founding partner of KPMG Global Sustainability Services, and in this role advised many thought leadership organizations on non-financial measurement and reporting topics. As the former leader of Global Reporting Initiative (GRI) in New York City, I was directly engaged in several emerging global legislation and capital market initiatives such as the WFE (World Federation of Exchanges) Sustainability Working Group. As a senior leader at PwC I was the co-founder of PwC's Conflict Minerals Dodd-Frank Section 1502 Center of Excellence. 

My Dutch roots provide me with a unique cultural balance that contributed to strengthening the impact of several sustainability and supply chain programs. I am currently CFO of ECrent US and also a Business Advisor for Restore the Earth Foundation. Formerly I was engaged as a Teaching and Advisory Fellow at Boston College Center of Corporate Citizenship, Special Advisor to the Global Initiative for Sustainability Rating (GISR), and Senior Advisor to the CSR Group LLC, 

Expertise

Integrated Thinking and Decision Making; Strategic and Sustainable Business Solutions; International and US Financial Reporting and Auditing; International Extra-Financial Reporting and Auditing; Supply Chain Management.

Education

CA, Royal NIVRA, The Netherlands

MA, Accountancy, Royal NIVRA/University of Amsterdam, The Netherlands

BA, Business Economics, Royal NIVRA/University of Amsterdam, The Netherlands

CFE, ACFE, United States

Publications

  1. Co-author of Restore the Earth Foundation "The Restoration Has Begun: How to unlock and capture business value created by restoration" (published and presented at the 2015 UN Climate Change Conference COP21 in Paris) 
  2. Co-author "Trends in external assurance: update on the US, the second edition in an on-going study on external assurance trends in GRI-based sustainability reports published by US companies" (GRI North America - 2014)
  3. Co-founder of the "KPMG Survey of Corporate Responsibility Reporting". This survey explores how the world's largest 250 companies report on carbon in their annual financial and CR reports. It also includes quantitative data on CR reporting trends, covering 4,500 companies across 45 countries. KPMG has published this survey at regular intervals since 1993 (most recent survey: 2015)
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