A new CDP report reveals that emission reductions led to a combined $12.4 billion in cost savings for its supply chain member companies last year.
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.
“For too long, companies that produce and use palm oil have gotten away with paper commitments that they are repeatedly found violating,” one NGO leader told TriplePundit. A new set of standards aims to change that.
Hellmann’s says its entire U.S. consumer portfolio is now made with only cage-free eggs. The Unilever subsidiary is the latest to make the switch as a growing number of consumer firms seek to bolster their animal welfare standards.
Regardless of the incoming administration’s position on climate change, American corporations are charging forward with clean-energy and energy-efficiency commitments, says Marty Spitzer of WWF.
State and federal regulators filed suit against Navient last week, accusing the student loan servicer of misleading borrowers to inflate profits. The results of a four-year investigation come as economists debate what to do about the country’s looming student debt crisis.
SPECIAL SERIES: Sustainable Events
The United Nations designated 2017 the International Year of Sustainable Tourism for Development. With this in mind, Emma Owens of Positive Impact takes a look back at lessons the travel sector can learn from COP22.
‘Green code’ looks at the energy output associated with online activities, and attempts to diminish the demand they put on physical servers and systems. It’s an early-stage concept so far, but it’s holds big potential for business.
The notion of taking time off regularly may sound crazy to people who have fallen into the trap of believing that more is more. But two of the biggest breaks in my business career wouldn’t have happened if I hadn’t taken a break and turned my brain off.
In defiance of the convention that sustainability kills profits, General Motors says its recycling efforts generated over $1 billion in revenue since 2010 — which the American automaker reinvests back into its business, including the development of fuel-efficient vehicles.
Replacing an employee costs 15 to 20 percent of his or her annual salary, on average. That’s a lot of money and shows just how important human capital is from a financial standpoint. So, why is it that so many companies unintentionally ignore employee health when it comes to crafting corporate social responsibility (CSR) initiatives?
U.S asset management firm BlackRock is calling on the U.K.’s top 300 corporations to change the way they pay executives — or face significant backlash from shareholders. And its warning has the backing of the U.K. think tank High Pay Center, which says the pay ratio between top execs and “regular” workers — estimated at 129:1 — needs a serious “reality check.”
Something big happened in the consumer packed goods industry over the weekend, though few may have noticed. 3p’s Gina-Marie Cheeseman analyzes Unilever’s decision to make all of its plastic packaging recyclable, reusable or compostable by 2025.