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.
Sustainability, CSR and banks are often not thought of in the same context. This is especially true in developing countries and something that is slowly changing. Recently, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and Small Industries Development Bank of India (SIDBI) jointly invited banks and financial institutions to the National Conference on Non-Financial Reporting … Continued
Thanks to an announcement next week that the company will transition to cage-free eggs, Krispy Kreme fans can enjoy their favorite guilty pleasure a little more.
Rice University began their business plan competition in 2001 with $10,000 in prize money. In eleven years it has rightfully earned the title of the Business Plan Super Bowl, the “richest and largest business plan competition” among universities. In 2001, there were 420 entries and the winners took home more than $1.3 million in cash … Continued
Ashoka’s Changemakers has partnered with the eBay Foundation to help five aspiring social entrepreneurs with $50,000 in startup capital. The initiative, called “Powering Economic Opportunity: Create a World that Works” seeks to fund innovative market-based solutions that create employment opportunities for vulnerable populations. And in this case, the early bird really does get the worm! … 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“. This is the final post in a 3-part series … Continued
Well, it seems like those tea party folks are at it again, proudly displaying their unique, mind-bending brand of self-centered absurdity, which, when mixed with a healthy dose of righteous indignation might just rouse their somnambulistic followers to take action at the polls. This is why, in an era when narcissistic dimwits like Sarah (ah … Continued
In a move that could prove transformational (more on that later), President Obama has nominated John Bryson, founder of NRDC, for Secretary of Commerce. From a conventional business standpoint, this is a blue chip, Grade A, all-star, gold medal selection that should sail right through Congress. Bryson’s business cred is impeccable. He currently serves on … Continued
How can companies ensure that sustainability, corporate citizenship, and corporate social responsibility, stick in a business? It’s the hardest task facing sustainability managers today, according to Ethical Corporation’s recent report “How to embed sustainability across different parts of your company.” In that report, 50 leading companies felt that their biggest challenges were: performance measurement, internal … Continued
What’s your road map for advancing CSR? If it doesn’t include employee engagement, chances are you won’t get far. BNY Mellon‘s corporate social responsibility agenda calls for fostering an engaged workforce, community investment and environmentinal sustainability. But employee engagement definitely drives the other two goals, according to R. Jeep Byrant, Executive Vice President, Corporate Affairs … Continued
NASSCOM Foundation is the social development arm of the internationally recognized trade body of the Indian IT outsourcing industry (IT-BPO). The Foundation aims to channelize the potential of the industry towards inclusive development of India. The Foundation is effectively harnessing IT to spread knowledge, increase employability, eradicate poverty, bridge the gender divide, and dispel isolation. This … Continued
The biggest and best sources for sustainability data at present are the Socially Responsible Investment (SRI) firms. Their dedicated researchers have taken a variety of approaches to gathering and distributing company sustainability data. We have had the privilege of seeing data so far from ten of these firms—more than a million pieces of information.
Greg Allgood is the Director of P&G Children’s Safe Drinking Water (CSDW) program. Based on the many good things they’ve accomplished, he just might live up to his name. Since this is the week that P&G’s special edition GIVE HEALTH brandSAVER coupon booklet is being launched, from which proceeds will go towards the expansion of … Continued
By Jonathan L. Gelbard, Ph.D. Previously, I explored the cacophony of greenwashing that plagues the mattress industry, making green mattress purchases quite the head-twisting endeavor. In a follow-up post, I proposed a four-question framework for evaluating green purchasing choices – in mattresses and beyond – and explored the first two key questions of this framework: … Continued
China is on a severe tobacco crackdown to show that they are taking World No Tobacco Day seriously. Industry figures show that China produced 2.38 trillion cigarettes in 2010, rising a staggering 40% over the past decade. The tobacco industry currently generates about 7% of the government’s annual revenue. However last year, the cost incurred by people … Continued