Benetton announced last week that it would contribute to a fund set up to compensate victims of the Rana Plaza factory collapse in Bangladesh.
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.
One of the world’s six major oil and gas companies supports a global price on carbon – and no, this is not an early April Fool’s joke. In the latest version of its annual Energy Outlook report, BP recommends that governments set a meaningful global price on carbon emissions to level the playing field for businesses and let the market choose the best climate solutions.
Six months after billions of gallons of tailings waste barreled into the Fraser River watershed in British Columbia, Canada, local Aboriginal communities are taking the law into their own hands. They are enforcing the first-ever comprehensive mining policies for Native Peoples. The British Columbia government hasn’t commented on the regulations yet, but one thing is for sure: the voices are being heard loud and clear.
Target’s will double its “Made to Matter” product line, which includes a variety of brands that are made with organic and sustainable ingredients.
Nestle USA recently announced it is removing artificial flavors and artificial colors from all of its chocolate candy products by the end of this year.
Stop the presses: Walmart just announced that it will increase wages to $9 an hour for half a million workers by April. Could the big-box retailer long bemoaned for its low wages finally be turning over a new leaf?
Although it’s probably too early to offer candidates for Oxford Dictionaries’ Word of the Year, I’d like to suggest uberization as the word for 2015. But is the Uber innovation model others are so eager to adopt sustainable?
Feb. 5 marked the two-year anniversary of paper giant Asia Pulp and Paper’s commitment to halt further felling of the natural rainforest in all of its 38 supplier concessions in Indonesia. This month, Rainforest Alliance published its evaluation of the first 18 months of its conservation efforts — revealing some success but still much work to be done.
Having achieved many of its in-house as well as external 2015 sustainability goals two to three years ahead of schedule, Citigroup renewed and expanded on its commitment to socially and environmentally responsible finance and investment by pledging to invest $100 billion to boost renewable energy and energy efficiency, as well sustainable water resource management, transportation and building.
A brief look into the industry’s storied past illuminates how corporate style-setters have responded to shifting consumer demands, market trends and natural resource constraints over the years – signaling what the future of sustainable fashion might hold.