A group of eight international fashion retailers, including H&M, Inditex (the owner of Zara) and Britain’s Primark, announced last week that they would support fair living wages for Cambodian garment workers and were prepared to factor such wages into their pricing. The official support came just days after the Cambodian government, for the second time this year, deployed armed troops in response to rallies by garment workers seeking higher minimum wages.
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.
Yesterday Masdar announced its partnership with two Norwegian firms in the Dudgeon offshore wind farm, located off the Norfolk coast in Eastern England. Valued at £1.5 billion (around US$1.9 billion or AED 8.95 billion), the wind farm will provide enough energy to power 410,000 homes in the U.K.
Now in its sixth year, the Tom’s of Maine 50 States for Good program rewards grassroots nonprofits with a total of $500,000 in project funding. But the natural personal care brand doesn’t pluck these groups out of thin air — it allows the public to weigh in on how funding is dispersed through a simple online nomination.
SPECIAL SERIES: Carbon Offsetting
TriplePundit is launching its new series this week – a business buyer’s guide to carbon offsets – and we thought we’d start with the basics of carbon offsets, reviewing what exactly an offset is, how the market works and how companies can go about purchasing offsets.
Led by The Climate Group, the RE100 campaign aims to have 100 of the world’s largest companies powered solely by renewable energy by 2020. Founding members include some of the world’s leading businesses — BT, Commerzbank, IKEA, Mars and Swiss RE among them.
As citizens and world leaders converge on New York City seeking a way to address climate change, across the U.S. tens of millions are also out of work. At first glance jobs and climate seem to be distinct policy questions, but they are in fact deeply intertwined.
Managing over $24 trillion in assets, IIGCC, which counts BlackRock and Calpers among its membership — is calling for definitive carbon pricing, more clean energy investment and elimination of fossil fuel subsidies.
Dunkin’ Brands Group, the parent company of Dunkin’ Donuts and Baskin-Robbins, announced its commitment to source only 100 percent sustainable palm oil for its U.S. locations by 2016. Less than a day after Dunkin’s announcement, Krispy Kreme also committed to source 100 percent responsibly produced palm oil.
Last week, Triple Pundit gathered a panel of experts to get to the bottom of some of the toughest traceability issues in four controversial arenas — seafood, fashion, minerals and medical marijuana. They were on hand all week to answer your questions, and it turned out to be a pretty interesting conversation. Here are some highlights from the expert Q&A.
With just a week away from the United Nations Climate Summit in New York City, 160 leading environmentalists from 44 countries are calling on the world’s foundations and philanthropies to take a stand against global warming.
B Corp certification can unleash the passion, initiative, and imagination of your employees by connecting them with the larger meaning behind their work.
Partnerships between international non-governmental organizations (INGOs) and businesses are fairly new and somewhat uncomfortable territory in Canada. There is, however, a small but growing number of Canadian INGOs positioning themselves as having a service to offer business that will create value for both the core business of a company and meet the mandate of the NGO.