“The 20th century economy was powered by big corporations that standardized everything because they never really knew their customers,” explains Brian Chesky, the 32-year-old founder of sharing economy darling AirBnB. “The 21st century economy will be powered by people.” Once again, it’s time to adapt or die.
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.
Let’s be honest: You’ll probably spend half the weekend on social media anyhow. So, why not learn something in the process? With this in mind, this week we rounded up 10 thought-provoking quotes from our recent Twitter chats. Read, get inspired and RT away!
If women don’t take an interest in science and technology, who’s really losing out? Well, the truth is, it’s the companies, the industry, and – in the case of solar technology – everyone who cares about the environment who are missing out on valuable workers who can bring more to the table.
Five years ago, Kimberly-Clark and Greenpeace established a framework to work toward long-term solutions to conserve forest resources. On their “wood” anniversary, they hosted a first-of-its-kind Twitter chat at #ForestSolutions to discuss how they worked past their tensions towards a productive and meaningful partnership.
SPECIAL SERIES: Setting The Standard
After a scandal in 2010 revealed that some Energy Star products did not live up to their energy-savings claims, the government changed the way the energy-efficiency program approves new products. Now it’s one of the most recognizable and trusted environmental labels in the marketplace, but it illustrates the dilemma consumers face when they come across a product with a label boasting environmental responsibility: Can consumers trust that the claims these eco-labels make are true?
California is making the charge to woo Tesla Motors’s proposed “Gigafactory” with an incentive package that could be worth up to a half billion dollars.
If approved, Prop 47, known as the Reduced Penalties for Some Crimes Initiative, will reduce the penalty for most nonviolent crimes from a felony to a misdemeanor and direct the money saved from incarcerating fewer individuals — estimated to be between $150 million and $250 million each year — to a Safe Neighborhoods and Schools Fund.
Gambling is fun – the rush, the bright colors, the chance to press your luck and win big money. But let’s be honest. Vegas is synonymous with excess – cash, sex, fashion, food and booze, which isn’t exactly sustainable.
“Most responsible companies are thrilled to be able to help; they want to help, and it’s easier to help with product and services than it is with money.”
As millennials we want our work to have meaning for ourselves and the world, and we place a higher value on consumer goods that have some sort of beneficial social or environmental impact. Although we are generally more conservative in our investment decisions than previous generations (can you blame us?), we are willing to take on more financial risk if it increases exposure to ESG impact.
As marriage equality legislation makes its way through courtrooms across the country, it’s clear that equality will soon be the norm rather than the exception. While some companies still hang on walls of shame across the blogosphere for their persistent opposition to LGBT equality, an ever-growing list of forward-thinking firms are turning up the volume in their support for diversity.
Already in wide use, renewable energy certificate tracking systems offer states a cost-effective means of complying with the EPA’s proposed Clean Power Plan, according to a study from the Center of Resource Solutions and the Regulatory Assistance Project.
Choosing organic and local over conventional products may not always decrease the main greenhouse gas emissions coming from the food that we eat.
It may come as a surprise to learn that much of the coal that is mined in this country is mined under lease arrangement on federal land. Because this land belongs to the American people, its commercial uses should be generating revenue to help offset taxes, in the form of rents and royalties. It does indeed do so, though some have questioned whether the amounts collected represent the true market value of the coal, or if, in fact, artificially low prices are not only depriving the American people of fair revenues, but also encouraging more coal mining and coal burning than might otherwise occur if the coal were priced fairly.