In the late 1990s, faced with overwhelming public anger, Nike accepted responsibility for poor working conditions in its supplier factories and vowed to change. Now, the company is considered a corporate responsibility leader. As a result, the apparel giant has not only gained props with consumers, but also gleaned tangible business benefits.
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.
Reducing its negative social and environmental impacts, Ford is making headway in its drive to realize its evolving vision of 21st century smart mobility. Ford’s 2014-2015 sustainability report lays out the progress Ford is making, as well as how enhancing overall sustainability is integral to its long-term business strategy.
Hungry farmers needed help. Chipotle said, “Hey, we know a little bit about food.” Then the fast-casual chain jumped on a tractor with the International Rescue Committee.
The water, sanitation and health (WASH) sector affords opportunities for companies to create business value and to generate lasting social impact at the same time – it is not either/or! Neil Jeffery, CEO of Water and Sanitation for the Urban Poor, explains.
With headline-making historic droughts in California, Taiwan and other parts of the world, there’s no denying our current global water crisis. Yet, when it comes to how corporations are mitigating their water risks, some industries are quicker to respond than others.
Many of the largest players in the palm oil industry have made commitments to make their supply chains more sustainable. But what do all the commitments really mean? Luckily, the Rainforest Action Network can help us sort through it all with its latest progress report.
Thousands of women refugees and immigrants come to the U.S. because they have been driven to abandon their home countries in search of a better future. These women are at an impasse because, without a basic education such as a GED, they can’t really get work. A fair trade label seeks to solve these women’s problem by giving them an opportunity to work from home and be rewarded with a fair pay for their work.
Good Magazine’s social impact consultancy, GoodCorps, conducts research into what makes brands “good.” “Rather than ask people their opinion on pre-existing programs, our research openly explores what people think about the concept of goodness within brands and uncovers what people really care about,” said Maria Redin, who oversees GoodCorps.
Merrill Lynch just added sustainable impact portfolios, making it easier for the average investor to use their 401(k) to make a positive impact. Financial advisors will receive reports that compare the impact investing portfolios with traditional we-don’t-care-if-we-kill-the-world portfolios and can advise clients on both.
More and more Americans say they support humane treatment of farm animals. Fortunately, animal welfare and affordability aren’t mutually exclusive.
Last month, a forum hosted by the U.S. Chamber of Commerce Foundation focused on how organizations are bringing the concept of a circular economy to life. Having attended two days of discussions and workshops, two Edelman reps provide three ways to help get you started on retrofitting the elements of a circular economy.
How does a company know the right questions to ask when developing an ethical label or claim? Companies need to dig deeply into what lies behind their claim and explore the five universal truths to a good sustainability claim.
California Gov. Jerry Brown recently issued a 25 percent water-use reduction mandate. One group that’s not concerned: corporate property owners. Many corporations and commercial property investors are already leaders in water conservation measures for office, industrial and other commercial facilities. However, if the rules become even stricter, conserving even more water could present a challenge.