On Tuesday, Bank of America pledged $40 million to support youth-development initiatives like summer internships, skills trainings and leadership programs.
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.
Bill Gates and Heifer International hatched a plan to hand out free chickens to impoverished communities. When the South American country of Bolivia found itself on the list, it flatly refused the offer, calling it “rude.” The tiff may say more about the challenges that hinder international aid and diplomacy than the commercial value of a flock of free chickens.
The winning bid for a gigantic new offshore wind farm in the Netherlands came in at 2.3 billion euros less than expected. And the oil company Royal Dutch Shell can take at least partial credit.
During a divisive time, how can a company inspire people to lay aside personal opinions and do something for the greater good? JetBlue has an answer.
Duke Energy, North Carolina’s largest coal company, stands to gain in the state’s latest round of coal ash regulations. Some payouts protect homeowners’ rights to clean water, but does Bill 630 go far enough to protect the state’s natural resources? Maybe not, suggests a new suit brought against the coal company.
An international trade court ruled against Philip Morris in the company’s lawsuit against the government of Uruguay over tobacco-labeling rules. The tobacco giant must pay Uruguay’s government $7 million in damages, along with all litigation costs, the panel ruled.
Some aren’t happy with the way Tesla and its co-founder, Elon Musk, are responding to a fatal accident involving the company’s autonomous-driving technology. If Tesla hopes to stamp out skepticism among investors and the public, a social media pivot is in order, argues 3p’s Leon Kaye.
“A sustainable world already exists,” Janine Benyus, co-founder of the Biomimicry Institute, said at the 2016 Sustainable Brands Conference. “And we need to access that wisdom.”
When heading out into unfamiliar territory, a map or a compass can keep us on course. Fortunately, there is such a “compass” for businesses staking their claim in a sustainable new energy economy.
“A bill of this importance merits hearings, expert testimony and thorough legal analysis, not the ‘backroom dealing’ that created this deeply flawed draft,” Andrew Kimbrell, executive director of the Center for Food Safety, said of the GMO-labeling legislation that hit the senate floor this week. “As it stands, this bill is a sham and a legislative embarrassment.”
According to a Norwegian energy consultancy, the U.S. edges out Russia by just over 3 percent and holds the mantle of having the world’s largest oil reserves.
Kashi’s new Dark Cocoa Karma Shredded Wheat Biscuits feature Certified Transitional ingredients that help increase access to organic foods.
Alyson Genovese, GRI’s head of corporate and stakeholder relations in the U.S. and Canada, explains what corporations need to know about the changing reporting landscape.
In its latest sustainability report, the global electronics and consulting company made several strong public goals to improve sourcing of paper and shift toward greater use of clean energy.