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.

Scholastic Sets New Goal For FSC Certified Paper Procurement

Scholastic Inc., the global children’s publishing company, announced goals in 2008 for increasing its procurement of Forest Stewardship Council certified paper and recycled paper for use in its publications by 2012. The company announced this week that it is increasing its purchase of FSC certified paper beyond 30 percent, the goal set in 2008 to … Continued

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A Triple Dose of EDF Climate Corps from Inside Adidas, Kettle Cuisine and SunGard

By: Katie Ware, Marketing & Communications, Corporate Partnerships, EDF This summer, Triple Pundit will follow three environmental change agents participating in the Environmental Defense Fund’s Climate Corps program. EDF Climate Corps recruits and trains top-tier MBA students and places them in leading corporations to identify and develop practical, actionable energy efficiency solutions. Now in its … Continued

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Making CSR Mandatory in India

Making Mandatory CSR reporting in India has been an ongoing debate for almost a year now. With the recent cabinet reshuffle, newly appointed Corporate Affairs Ministers Mr. Veerappa Moily recently said that the new Companies Bill would make it mandatory for corporate to earmark part of their profit for CSR initiatives. Moily said that India … Continued

CFO Engagement on Shareholder Social and Environmental Expectations

This post is part of a series on Stakeholder Engagement sponsored by Jurat Software. Deloitte’s CFO Signals report summarizes the issues that CFOs are increasingly confronting with 4 words: Major Change Initiatives Stress. 56% of CFOs cite this stress with more than half placing it as a top three stress. One of the “Change Initiatives” confronting … Continued

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CSR in the Media: Fall-out From News of the World “Hackgate”

The scandal that is currently rocking the media world puts Rupert Murdoch clearly in the epicenter of the storm. News of the World (NoW), a UK based publication of News International (NI) has been accused of hacking a murdered school girl’s phone. The scandal has resulted in the resignation and consequent arrest of Rebekah Brooks, … Continued

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Biofuels Slowly Take Flight with the Airline Industry

Airlines won final approval from a U.S.-based technical-standards group to power their planes with a blend made from traditional kerosene and biofuels derived from inedible plants and organic waste.

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FedEx Wins Big in Efficiency & Reduced Aircraft Emissions

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.

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Lessons on Stakeholder Engagement from “Anonymous”

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.”

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Cargill Commits to Certified Palm Oil

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

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Can Competition Drive Corporate “C-Suites” Toward Better CSR?

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

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International Paper Reduces Energy Use By 7%

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

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Best Buy’s New Sustainability Report: Between Recycling and Upgrading

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

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Eco Ventures Group: A Growing Family Sustainable Businesses

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.

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The Colbert Report Finds Fracking Signs in Talisman’s Stakeholder Engagement

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