A company’s responsibility used to stop at the factory gates, but now covers the entire life cycle of the product from cradle to grave. But where does this responsibility end? Should the alcohol industry be held responsible for the 2.5 millions alcohol-related deaths every year? The winning strategy is not about responsibility, but looking for an opportunity to create shared value.
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.
All American Clothing has tapped into what some say is a growing interest in USA-made products, with software that allows customers to track the origin of their new pair of jeans, from the cotton fields, right up to the manufacturing facility in El Paso, Texas. It’s a great way to educate consumers – and to track the carbon footprint.
The latest example that more is not necessarily better came from CVS, where its absurdly long receipts generated a public outcry on social media. This episode, which seems to be over now, provided not just with an opportunity to make fun of CVS, but also some important lessons in innovation, sustainability and responsibility.
The Humane Society has joined forces with a green investment firm and a Methodist Church to pressure the world’s second-largest pork producer to revamp the way it treats its livestock. And Tyson’s shareholders are listening.
Last year, when the Obama administration passed the new corporate fuel economy standards, requiring cars and light trucks to average 54.5 mpg, it was a moment of celebration for everyone concerned about the environment and the rate at which carbon emissions are damaging our climate system. For carmakers, though, it was more likely a day to reach for the antacid rather than the champagne. All the testing, modeling and forecasting showed that even with all the dramatic improvement being made to powertrains, including electric cars, hybrids, plug-ins, diesels, etc. showed that given the rates of adoption and the distribution of vehicle sizes, there was no way that the companies could reach the average fleet economy goal based on powertrain modifications alone. To achieve these new levels of fuel economy would require making cars lighter.
Do your investments have exposure to assets linked to fossil fuel extraction and power generation? The recent closure of several large fossil fuel-powered plants in Europe demonstrates the risk for CO2-emitting assets to become stranded in a carbon constrained world.
Want to learn more about sustainability reporting? Consider an upcoming course in the Bay Area or Seattle GRI certified courses on sustainability reporting. As previously seen on the CSRHub blog. By Bahar Gidwani We were recently invited by our friends at Trucost to moderate a webinar. Our shared goal was to encourage more companies to … Continued
There is a global push to enforce disclosure when it comes to mining, oil and gas corporations that pay large sums to foreign governments for the right to mine in their countries. But getting laws enforced that will ensure transparency (and hopefully help regulate human rights and environmental abuses) is harder than it should be – even here in the U.S.
Liz Gorman, Senior Vice President, CSR/Sustainable Business Practices at Cone Communications talks about her career, inspiration and recent accomplishments in our Women in CSR series.
This Wednesday at 4pm I’ll be starting with Nancy Mancilla of ISOS Group about sustainability reporting. Nancy is in charge of business development at ISOS, GRI trainings coordination and integration of sustainability concepts into value-added practices for businesses, communities and governments.