This category is about corporate social responsibility (CSR), a form of corporate self-regulation integrated into a business model. The goal of CSR is to embrace responsibility for the company’s actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere.
Elaine Cohen recently navigated to BP’s sustainability and reporting site after several years of not paying close attention. The corporate social responsibility expert was pleasantly surprised.
Impact investing requires the commitment to measure, and report on positive social change. As the industry matures, here’s what we expect to see in 2015.
SPECIAL SERIES: Sustainably Attired
In an industry that manufactures most of its apparel in developing countries at unlivable wages, Alta Gracia Apparel – a clothing factory in the Dominican Republic that pays employees 300 percent above the legal minimum wage – is a one-of-a-kind social enterprise.
Good design makes complicated things simple. Great design does it while inspiring us. Think of the first time you spun an iPod thumb wheel and realized you wouldn’t need instructions to figure this thing out. These experiences stop us in our tracks with the realization there are smart people out there using their powers for good.
Climate risks and vulnerability across telecoms, data centers and critical ICT supply chains are poorly understood. Recent trends in which companies are sharing IT resources — such as PaaS and IaaS — are compounding the risks, a report for the GSA concludes.
One of the best ways that the B Corp movement can continue to drive positive social change is to address the controversial issue of executive pay, argues Ryan Honeyman, author of “The B Corp Handbook: How to Use Business as a Force for Good.“
Timberland and the Smallholder Farmer Alliance’s community agroforestry project has put down deep, solid roots in Haiti. Over 2 million trees have been planted, agricultural output and productivity are up significantly, farmers can put all their kids through school, and community members are reconnecting to build on the success.
The Chinese Supreme People’s Court just announced that it will reduce the court fees required for environmental groups to bring lawsuits against polluters, making these suits more feasible for environmentalists.
Regional management organizations – including all the major fishing nations and coastal states – have the mandate to collectively adopt conservation and management measures for tuna fisheries. But this is easier said than done.