Releasing a profit and loss statement on the environmental and social impact of a company’s performance is a bold move. First of all, quantifying these parameters can be daunting. How can you quantify the social and environmental impact of the number of liters you use in your manufacturing process, for example? It’s not to say … Continued
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.
Davide Vassallo is a global practices leader for DuPont’s Sustainable Solutions Group. As environmental stewards for a company that is the owner and operator of more than 150 production facilities around the world, his group has found that energy efficiency improvements can often be achieved for little or no cost. After running a large number … Continued
A few weeks ago, Toyota launched its 2011 Toyota North America Environmental Report (EAP). The EAP report highlights the achievements Toyota has made in reaching its environmental targets and describes the car company’s fuel efficient cars, which include its most fuel-efficient vehicles: the Prius and Corolla. The report claims that the Prius, which gets 51 … Continued
Most of the electronics we use everyday, such as laptops, cell phones and DVD players, are manufactured with tantalum, tungsten and gold, AKA “conflict minerals.” When these minerals are mined in the Democratic Republic of Congo (DRC) it’s often through forced or child labor. Praxis Mutual Funds and Everence Financial launched an email campaign last … Continued
British supermarket chain, ASDA has learned a lot from its parent company, Walmart, to boost its sustainability ratings. Their CSR initiatives saw some serious financial pay-offs for the company. The company saved £70 million ($110 million) in 2010 because of its sustainability plans. By 2020, it hopes that its new goals will see a total … Continued
This post is part of a series on exploring Rwanda as part of the International Reporting Project’s Gatekeeper Editor trip. Follow along on our page here. I’ve collected some of the most interesting moments in my recent trip to Rwanda in a photo essay. Some of these 68 photos are simply atmospheric ways to give you … Continued
Coca-Cola is using a cause marketing approach in its newest holiday campaign, Arctic Home, which will support the World Wildlife Fund’s (WWF) polar bear conservation efforts.
For the most part, the goal of convincing mainstream businesses of the value of engaging in corporate social responsibility efforts has been achieved. The problem is, its not enough. And the clock is ticking. In order to accelerate sustainable solutions at a rate that will make a meaningful impact, we need to start addressing problems on a system-wide level and executing them on a larger scale. This was the theme of a thought provoking keynote presentation given by Hannah Jones, VP of Sustainable Business and Innovation for Nike.
The Northeast’s Regional Greenhouse Gas Initiative (RGGI) will yield an economic gain of $1.6 billion, create 16,000 jobs and save consumers across its ten participating member states some $1.1 billion in electricity, heating and cooling bills over the next ten years as a result of its first three years in operation, according to an economic consulting firm’s report.
An ad on the sidebar of my Facebook profile caught my eye: “What do you recycle?” it innocently asks. The link underneath, www.PlasticsMakeItPossible.com, is enough to make the stomach churn, but I figured that by clicking, the worst that would happen is the company would pay Facebook for a clickthrough, so I went ahead and … Continued
While not many ordinary Western consumers understand the principles of Islamic finance, an increasing number of Western institutions have begun to incorporate its principles into operations in some parts of the world.
Most people may know that Islamic finance bans interest, gambling and speculation, but not much more than that. What they don’t usually hear is that it also promotes the kind of focus on partnership and productive investment that seems to have been missing from the global boom of the first decade of the 21st century.
Some of the most challenging big wall climbs in Yosemite that most often take two to three days for highly experienced climbers can be completed by free solo climbers in a matter of hours. Pretty impressive, but what are the risks for corporate sponsors?