FedEx’s global citizen efforts are an example of how performance and sustainability do not have to compete, but in fact, together are integral if companies are to succeed at a time of scorching global competition, rising prices, with the added demands for an improved quality of life facing diminishing resources.
Category: Corporate Responsibility
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.
Stakeholder engagement is the next big thing in non-financial risk management. One of the biggest issues is accountability. With the advent of social media, companies can leave themselves less vulnerable towards attacks on reputation if they are willing to be more transparent. A stunning example of failure to do this is being taken advantage of by the group known as “Anonymous.”
Cargill, the global agribusiness company, announced that it will sell palm oil to certain countries from 100 percent certified sources by 2015 (U.S., Europe, Canada, Australia and New Zealand) and globally by 2020. The palm oil will be certified by the Roundtable on Sustainable Palm Oil (RSPO). The first commitment excludes palm kernel oil. Cargill … Continued
The following is part of a series by our friends at CSRHub (a 3p sponsor) – offering free sustainability and corporate social responsibility ratings on over 5,000 of the world’s largest publicly traded companies. 3p readers get 40% off CSRHub’s professional subscriptions with promo code “TP40“. Originally published on the CSRHub blog The C word … Continued
International Paper (IP) reduced its total energy use from 2007 to 2010 by almost seven percent, equivalent to the amount of power needed for 420,000 homes, or removing one million passenger vehicles from the road, according to the paper and packaging company’s 2010 Sustainability Report. IP also reduced its greenhouse gas (GHG) emissions by over … Continued
Best Buy released their 2011 sustainability report last week, entitled “Our World, Connected.” It is a comprehensive report demonstrating Best Buy’s CEO commitment that “as the world’s largest consumer electronics retailer, we take our economic, social and environmental responsibilities very seriously.” At the same time it also presents some of the challenges retailers have when … Continued
Florida’s Eco Ventures Group is building a family of businesses management says is grounded in Triple Bottom Line principles, including recovering of precious, rare earth and industry metals; producing advanced biofuels from recovered and virgin oils and animals fats; and growing tropical oilseeds using sustainable methods that protect the environment.
This post is part of a series on Stakeholder Engagement sponsored by Jurat Software. Last week Stephen Colbert did a funny five-minute segment on the Colbert Report about “Talisman Terry’s Energy Adventure,” a coloring children’s book promoting the benefits of natural gas drilling. The publisher of this 24-page book is no other than the Calgary-based … Continued
Major virgin paper manufacturers suggest that high recycled content is not appropriate for fine printing and writing papers, based on misleading carbon footprint analysis. Verso and Sappi Paper carbon footprint analysis shows the same or higher carbon emissions with increased recycled content – based on making recycled paer at mills designed to make virgin paper. The most comprehensive and peer-reviewed lifecycle analysis of recycle vs. virgin paper manufacturing shows that the opposite is true – making fine paper from waste paper is a more efficient process than making paper from trees, using less energy, less water, creating less effluent, and generating fewer greenhouse gas emissions.
According to Shelton Group, “a tipping point in American consumer interest in green products has occurred with 70% of consumers in our surveys saying they are searching for green products where green is defined as more energy efficient, natural, sustainable, etc.” Specifically, a few of Shelton Group’s market research findings in support of this green tipping … Continued
Two major trends in today’s world: concern about energy consumption and the ever-increasing use of computing power were bound to collide and indeed they have.
As a result, nearly all computer and data center equipment manufacturers are developing more energy-efficient hardware. Indeed, many manufacturers are stretching to reach increasingly stringent Energy Star standards.
Last week mega-brewer SABMiller released their 2011 Sustainable Development Summary Report. The company, which earned $5.04B up 15% from last year on revenues of $28.3B, up 7%, sold 218million hectolitres (5.76 billion gallons) of beer, up 2% from the previous year. The report’s language shows a good understanding of sustainable development and a good awareness … Continued
FEMA, the Federal Office of Emergency Management, estimates that up to 40 percent of businesses never re-open when a natural disaster strikes their community. One obvious part of the problem is the extent of physical damage to the property, but in many cases supply chain disruptions and lack of preparedness can be the leading causes. … Continued
Businesses beg for definitive rulings on issues such as carbon pricing and environmental social governance (ESG) reporting requirements, meanwhile the legislature clamors (successfully) “drill baby drill” and accuses environmentalists of favoring spotted owls over jobs. Our leaders’ attitude seems to be climate change has to wait until the economy has turned around.