Hurricane Harvey and climate change are being blamed for Houston’s unprecedented flooding this weekend. But experts point out that the volume of rain — 12 trillion gallons — that deluged the city wasn’t really the problem. It was the lack of planning for predictable increased flooding.
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.
Automakers and other diesel stakeholders failed to come up with a groundbreaking solution to diesel’s local air pollution issue at the recent Diesel Summit in Berlin. Absent an industry solution, they make be stuck with whatever policy-makers decide.
84 percent of Americans want companies to address women’s rights specifically. So how can socially-responsible companies differentiate themselves among corporate peers who are quick to sign on to the notion of equal pay for equal work, but resistant to the transparency required to actually prove it?
Three environmentalists have come up from an ingenious way to respond to President Donald Trump’s effort to dismiss the need for climate change mitigation: Plant a forest. A very big, global forest. And their call is being heard.
Millions of individuals still live in slavery or other forms of forced labor. A high-level meeting in the Australian city of Perth attempted to develop global standards for more ethical and transparent labor practices within companies’ global supply chains. Unfortunately it ended with few concrete action items.
SPECIAL SERIES: Public-Private Partnerships
To truly make progress on the world’s largest societal issues, governments, companies, and nonprofits must work together. But, how does a company or organization develop and sustain successful public-private partnerships to achieve large-scale impact? First, determine who to work with: Successful PPPs start with stakeholders who are engaged, committed, and able to execute a shared vision.
New electric vehicles that can support mass transit are on the horizon, according to an announcement by the Department of Energy Vehicle Technologies Office. The office has just dolled out $13.4 million to encourage the production of alternative fuel vehicles that can support community mass transit.
For the first time ever, Patagonia purchased television airtime. The company will run ads in Montana, Utah and Nevada, states where activists say national monuments are under threat.
Bringing Danny Glover onboard is another step Airbnb is taking in a move to repair its relationships with ethnic and racial minorities, who have complained of discrimination in the past. Glover will also work with the company to boost Airbnb’s presence in minority neighborhoods.
SPECIAL SERIES: COMMIT! Forum
To better equip corporate leaders with strategies on how to respond to social issues, CECP asked members of its corporate coalition to weigh in on how attention received by other companies is affecting their company strategy for speaking out on a social issue. CECP found that 61 percent of companies are sticking to their public advocacy strategy, with more than 20 percent advancing their strategy in response to public reaction to corporate leaders’ stance on social issues.
Working from home is growing in popularity, both among workers and among employers. According to a recent survey, about 43 percent of Americans spend at least some time working remotely, either from home or from another location away from the office like a café or collaborative workspace. For employees, the benefits are immediate and obvious; you’ll face fewer distractions in a more comfortable environment. But some employers are skeptical of the benefits they’d see in such a scenario. The truth is, remote work enhancements are key to the future of sustainable businesses.
Home Depot recently announced that it would install solar panels atop at least 50 of its stores in an effort to increase the amount of renewables the company can generate nationwide.
The world’s population is expected to increase to just under 10 billion by 2050. Food production must be smart, efficient and sustainable say scientists, and new research suggest it’s agroecology, not genetic engineering, that has the best tools at hand for providing enough food for hungry populations.
The notion that environmental, social, and governance (ESG) analysis is a complement to – not a substitute for – fundamental security analysis is nothing new. However, ESG has now become a buzzword and a check-box across much of the investment industry. More investment products and managers are touting the fact that ESG and other sustainability criteria are considered in the investment process to attract the growing pool of investors interested in making an impact.
Michigan’s Department of Environmental Quality has slapped the city of Flint with a notice of violations, claiming there are “significant deficiencies” that the city still needs to address regarding its water infrastructure, including to get busy and sign a contract with a water provider.