H&M’s latest sustainability report features an interview with CEO Karl-Johan Persson. The Swedish billionaire spoke bluntly on topics like wages and overconsumption, but some advocates aren’t buying what he’s selling.
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.
Goldman Sachs agreed to pay $5.1 billion in penalties for its part in the mortgage crisis that led to the 2008 recession — except it won’t, really. With good behavior and negotiated benefits, Goldman Sachs’ penalty for deceiving investors in one of Wall Street’s greatest scandals will likely be at least a $1 billion less.
“If you’re divesting from bad companies and you believe they’re going to fail, why not go further? Why not short them?,” asks Dale Wannen, founder of socially-responsible hedge fund Sustainvest Asset Management.
Privately-owned food giant Mars is raising the bar with a bold, yet potentially slippery, new approach toward food labeling. What stands out most is the company’s drive to label “everyday” versus “occasional” foods.
The United States should have a uniform set of regulations for all benefit corporations within this country, argues Rebecca Hamburg, a graduate student at George Washington University.
Today, TriplePundit and the experts at Yum! Brands came together to discuss how one of the world’s largest restaurant companies is celebrating its successes, while continuously working to elevate enterprise-wide sustainability efforts. Click to read the full synopsis.
Athletic apparel giant Adidas announced that it is retooling its sustainability strategy in order to ensure that sporting activities will long endure. “Sport Needs a Space” is the company’s new mantra.
What if your clothes mimicked nature? A collection of fashionable garments, designed for social good by the students and alumni at the Parsons’ Design and Technology Program, were exhibited at SXSW and drew significant attention.
Five years ago, the company’s founder, John Sorial, set out to create super inventive, high-quality, insanely delicious East Mediterranean cuisine with a purpose. He has since built a thriving social enterprise which promotes eating good, doing good and changing the world.
From the birth of the mainstream “athleisure” movement to boundary-pushing icons like Serena Williams, fashion has inspired many of us to suck it up and hit the gym in the style. We, as consumers, have the power to demand pragmatic innovation and change our purchasing behavior to support a more sustainable business model in the industry.
Do you have an old flip phone or game system in your basement or garage just gathering dust? Businesses may have old equipment lying around as well. What they do with it can have not only a major impact on not only their bottom line, but also our planet’s future and human health.
Cotton is the livelihood for an estimated 250 million people — saying no to cotton is hardly the solution. Saying yes to more responsible cotton, however, can help mitigate this crop’s impact on people and the environment — and even improve living standards worldwide.
How do companies best address the differing concepts of materiality across the various sustainability reporting frameworks? Eight of the world’s biggest names in corporate reporting including GRI, SASB, IIRC and CDP recently published a comparison of materiality definitions and approaches.