The effect of the Rana Plaza factory collapse one year ago was to push into the public domain the question of whether social compliance programs are achieving their stated objectives and, maybe more importantly, driving substantive improvements.
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.
Proving it’s possible to power U.S. industry and commerce with renewable energy, high-tech industry giants rank among the EPA top 10 in U.S. green power usage. Intel, Microsoft, Google and Apple, as well as retailers, government departments and U.S. colleges and universities, are all making growing use of clean, renewable energy resources and technology.
Consumers of mass fashion aren’t yet sold on the need for change. They are hard to reach, and unless you have major name brand appeal, they rarely notice a small, ethical company’s existence. Could crowdfunding provide a solution to these and other challenges in the sustainable fashion industry?
KoAnn Vikoren Skrzyniarz, Founder and CEO of Sustainable Life Media/Sustainable Brands, talks about her career, inspiration and recent accomplishments in our Women in CSR series.
SPECIAL SERIES: Sustainable Seafood
Despite recent encouraging efforts to spur an impact investing revolution in fisheries, we’re still a long way from a developed investment marketplace that would become a powerful engine for change.
This week, Recyclebank is taking another step towards its its mission to “realize a world where nothing is wasted,” with the launch of OneTwine, an online retail shop that allows customers to redeem their Recyclebank points, pay cash, or any combination of the two. I spoke with Recyclebank CEO Javier Flaim by phone, a few days before the OneTwine launch announcement.
Procter and Gamble’s nonprofit Children’s Safe Drinking Water Program (CSDW) recently provided its 7 billionth liter of clean drinking water to a family of four in Brazil.
A recent report from Americans for Tax Fairness estimates that Walmart workers relying on public assistance programs due to low wages cost American taxpayers $6.2 billion a year. Another interesting figure presented in the report was that Walmart has captured 18 percent of the SNAP (food stamps program) market. It got me thinking that if a substantial number of Walmart’s employees in the U.S. (1.3 million in total) receive food stamps, then the company actually profits twice from paying low-wages.
Companies with engaged employees outperform those without by as much as 200 percent. There are many reasons why a workforce is engaged; one of the key drivers of engagement is pride in their company’s values. Corporate philanthropy programs go a long way towards keeping your employees happy.
General Mills just issued its 2014 Global Responsibility Report. I received an advanced review copy and spoke with Chief Sustainability Officer Jerry Lynch to get his perspective.
A recent study from political science professors at Princeton and Northwestern concludes that America is, as the incomparable Hamilton Nolan put it, actually more like an oligarchy than a democracy. In other words, it is corporations and wealthy individuals — not unions, public interest organizations or regular humans — who control the levers of power in America.