One significant outcome of the tragic Rana Plaza factory collapse is the Accord on Fire and Building Safety in Bangladesh. Rob Wayss, the Accord’s executive director, spoke with TriplePundit by telephone from his office in Dhaka, Bangladesh, to give us insight about the progress being made on workers’ safety.
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.
The efforts of NGOs such as Greenpeace, Rainforest Action Network and the World Resources Institute demonstrate that the global palm oil industry has far to go before it can truly become responsible and sustainable.
Hershey’s most recent corporate social responsibility report insists the company is ramping up efforts improving its record on cacao sourcing, palm oil procurement and animal welfare. Is it for real, or just a public-relations move?
Yum! Brands’ executives, managers and employees have implemented many forward-thinking community programs over the years, which include addressing challenges related to education, food scarcity, literacy and community engagement.
Small-scale innovations in the sustainable economy abound. But how can we achieve changes in the global economy at scale? Perhaps these examples can inspire us to pursue an economy worthy of our affection.
Earlier this week, palm oil supplier IOI Group announced it will withdraw its lawsuit against the RSPO as more consumer brands broke ties with the company.
Airbnb is doing a poor job of educating its hosts about the Fair Housing Act, prompting lawsuits, social media backlash and even a hashtag: #AirbnbWhileBlack. In response, the company pledged to conduct a “comprehensive review” of its anti-discrimination policy.
WWF released its most recent soy scorecard, and based on this NGO’s analysis, companies have a lot of work to do if they truly want to improve their sustainability performance.
Farsighted business leaders already implement sustainability initiatives and operate social enterprises. But protecting their businesses and the public from others’ unfair corporate practices takes more than voluntary standards.
Companies all over the world are now using carbon offsets to meet at least a portion of their greenhouse gas reduction goals. There are many reasons these corporate entities decide to engage in the carbon offset market—with some going so far as to commit to climate neutrality or being 100 percent renewable—but for those unfamiliar with the workings of environmental markets, a basic primer may prove useful in understanding the appeal of purchasing offsets, Elizabeth Hardee of the Climate Trust.
Launching a startup — commercial or social — requires a herculean effort to scale and sustain. Nonetheless, three key differences make business planning for a social enterprise even more difficult.
Over the last decade, we have seen social media and sustainability play an increasingly important role in the way that businesses conduct and talk about themselves. Together they’ve helped push corporations to new levels of transparency and aligned individuals, businesses and communities around shared purpose. But for all the common benefits, many companies still haven’t quite figured out how to put the two together effectively.
SPECIAL SERIES: MGM Defining Thought Leadership
Las Vegas is known more for its entertainment, gaming industry and debauchery than mundane activities like environmental conservation and clean technology. But thought leadership on sustainability is thriving in the city — and it may become a laboratory for urban development.