When faced with a tough financial decision, Harpoon Brewery opted not to sell to a large investor, and instead put almost half the company into an employee stock ownership plan (ESOP). Two years later, with Harpooners at the wheel, the company is growing — and its founder is now a champion of ESOPs as a solution for craft brewers nearing retirement.
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.
Viacom is a massive media company that’s positioned itself as a powerful force for change. And its corporate social responsibility (CSR) branch is leveraging the power of Viacom’s brands to drive action on the issues that matter.
SPECIAL SERIES: MGM Defining Thought Leadership
We asked our readership of sustainability and business professionals what thought leadership means to them. Here’s what they had to say.
If new guidelines issued Wednesday go through, Duke Energy will have eight more years to clean up coal ash deposits in North Carolina. Environmental organizations say that’s not fast enough, as criticism mounts against Gov. McCrory’s administration and its alleged involvement in softening regulations affecting the energy giant.
The Australian company Starpharma Holdings will partner with the condom manufacturer Ansell to supply the Australian Olympic team with condoms that the companies say can offer antiviral protection against Zika.
Businesses have a real opportunity to turn the complexity of the global goals as part of their overall corporate strategy. But what are the best practices and processes for supporting the SDGs and kicking off the process of embedding them into their fundamental business framework? Experts from PwC share four ideas.
Eight months after the Volkswagen emissions scandal rocked Germany’s iconic automaker, the repercussions still refuse to go away. Now, Norway’s sovereign wealth fund is suing VW over financial losses it says are due to the auto manufacturer’s recent struggles in the global securities markets.
Thread, which makes polyester from recycled plastic, is offering no-interest loans to suppliers in Haiti to assist with problems such as broken equipment or to help grow their businesses.
Starbucks issued $500 million worth of notes whose proceeds will benefit its sustainability programs in coffee-growing regions. Called Senior Notes, they include the first U.S. corporate sustainability bond.
With millennials making up the largest part of the workforce, it’s more important than ever to ensure they’re actively engaged with their work.
Carnival just launched a social-impact cruise line that carries vacationing volunteers to work with social enterprises, nonprofits and communities in the Dominican Republic. 3p’s Renee Farris took a ride and shares all the details.
This week, Kashi announced a “certified transitional” standard to recognize “organics in training” in order to help farmers financially as they switch from conventional to organic farming methods.
Creators of the 3-D printer promised to deliver it for $100 to Kickstarter backers by March 2014. The Peachy Printer raised over $650,000. But backers never received their 3-D printers, and funds haven’t been returned to them.