Volkswagen and Audi agreed to return “Green Car of the Year” awards bestowed upon them in 2009 and 2010 for “clean diesel” models in the wake of the unfolding emissions scandal that could cost the company up to $18 billion in fines and penalties.
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.
Aman Singh explains how policymakers and businesses created a crescendo of frustration and urgency on climate change at last week’s Climate Week NYC.
Ultimately, the SDGs will affect organizations and institutions of all shapes and sizes, from the European Union to municipalities and corporations, and engagement from a wide scale of actors will be crucial in shaping the future agenda. The playing field and the adoption of the SDGs marks a new era for both the public and private sector to deepen and broaden their sustainability efforts.
According to Tesla CEO Elon Musk, the solution for the Volkswagen scandal is simple: random emissions testing on cars when they are on the road, not in an auto service center’s garage.
Honest Tea, based in Bethesda, Maryland, recently issued its annual sustainability report, touting the achievements and challenges faced by the 17-year-old tea and infusion bottler.
America was meant to be a land of endless possibilities and self-determination. This country was established to give religious and economic freedom to its citizenry. Adams, Jefferson, Franklin, and other signers of the Declaration of Independence knew their proclamations would mean very little without economic freedom. Money is and always has been a major part of the “life, liberty, and the pursuit of happiness” that was promised to Americans. Worker-owned companies can fulfill that promise.
Many of us have heard about public-private partnerships and other multi-stakeholder initiatives. But what if we looked at a new type of partnership- between large organizations and a generation of grassroots change-makers looking to make a difference?
If Nova Scotia’s Mi’kaq First Nations are successful in their petition to the Canadian government, the island of Cape Breton will be a new home for Syrian refugees. And if the Israeli company SodaStream gets its way, it will be able to provide jobs for 1,000 refugees – in Israel. A variety of companies and communities are stepping up to help the burgeoning flow of refugees – in some cases, to the consternation of their governments. Is this the new humanitarian movement, or just a gentle encouragement for governments to help? Either way, they are committed to making a difference in Syria’s humanitarian crisis.
A new initiative, 100% Sport, which aims to inspire sports fans to become enthusiastic about renewable energy, has been launched by the British telecommunications giant BT. Will sports fans ditch coal and switch to solar?
Problem solving is a central issue in business ownership. In fact, you might say that business itself is a series of problems waiting to be solved. But when it comes to finding the ideal approach, or the perfect process, for solving any of the dozens of problems faced by the modern business, things get complicated. These three tools encourage both collaboration and transparency: essential qualities for any responsible, modern business.
We invest a lot of faith in companies’ CSR programs, especially when they are companies we have known for years. So apparently, does the EPA, which missed indications in Volkswagen’s sustainability reports that suggested there was an ongoing problem.
The Pope’s visit to the U.S. last week focused the nation on a moral challenge of biblical scale. Like Noah, we are called now to build an ark. But our ark will be the entire earth itself—a world rewired soon with clean energy.
PepsiCo’s recent claim that since 2010, it has reaped $375 million in savings due to its sustainability initiatives, is encouraging news. Improved water efficiency, packaging efficiency and waste diversion are amongst the reasons PepsiCo has been able to reduce its expenses the past several years.
Global Reporting Initiative’s Deputy Chief pushes back on all the Sustainable Development Goal pessimism that passed around last week. She sees hope, opportunity and a technical path forward, all outlined here.
The Closed Loop Fund announced the first three investments that it claims will increase recycling rates and reduce the annual $5 billion that cash-strapped cities and counties currently spend on trash collection and landfills. But some critics are not buying into what companies such as Walmart and P&G say is a bold initiative to divert waste from America’s landfills.