Exxon, which according to government records won more than $480 million in federal contracts in 2013 and more than $8 billion since 2006, has long resisted pressure from civil rights groups and shareholders to enumerate LGBT protections in its formal equal opportunity corporate policy.
Category: New Economics
This category is about the relation between business economies and sustainability and CSR. Company economies have great impact on how much effort they put into their CSR strategy and incorporating green strategies can have an effect on company growth.
We have seen recent report cards on corporate social responsibility (CSR) with remarkable results from institutions like Tata, Morgan Stanley and Infosys. The question is: Have these and many other CSR maneuvers made notable global impacts?
Since the global recession, companies of all sizes have embraced employee volunteerism as a fiscally responsible way to supplement their existing community giving initiatives. But it appears mid-size businesses may not be harnessing the full potential of volunteer programs and are overlooking the wide range of benefits they can provide…
Ashoka has always been the world’s leader in developing the idea of a social entrepreneur. It is an international non-government organization looking to develop a world where everyone is a change-maker. Here, is a a brief illumination of the challenges and mission of Ashoka’s São Paulo, Brazil branch.
Australia’s recent repeal of its carbon tax has everybody talking, but not as much as the University of Michigan researchers’ latest poll results should be. The majority of those surveyed said they would support a carbon tax in the U.S. if it were then reinvested in renewable energy. And the support came from all three political sectors: Democrat, Independent and Republican voters.
The business trend over the past 20 years may have been focused on globalization and our increasingly connected world, but some companies have decided to concentrate on efforts a little closer to home.
The Supreme Court’s 2010 “Citizens United” decision affirms the legality of treating corporations as persons — having a right to free speech, manifested in money contributions in elections. But, corporations should not be treated as people, because they do not act like people. The focus of the following six posts in this series is to show how certain human moral values and some corporate behaviors are incompatible, using JPMorgan Chase as an example.
The Alliance to Save Energy, an association of lawmakers and manufacturers are promoting a bill that would strip consumers of the right to lodge class action litigation against companies that falsify Energy Star ratings. Consumer advocates and trial lawyers argue however that companies stay honest when they know that there is more to risk than simply having to return a customer’s good-faith investment.
While the debate about Porter and Kramer’s creating shared value (CSV) concept has lately taken a more critical view, two aspects of the concept have largely been neglected: instrumental versus ethical CSR and the lack of interaction between business and academia.
A growing number of millennials are living with their parents. This is good news, right? Millennials seem to adopt a more responsible economic behavior, avoiding the same reckless financial decisions that got so many people in trouble only a few years ago. Well, not so fast. The reports on this trend widely present it as a problem rather than an opportunity. Why? Because by not buying houses, millennials are hurting the real estate recovery and a weak housing market has been a burden on the U.S. economic growth.
Zong needed a way to get his new Tesla home from the dealership; his idea evolved to a “demonstration of the power of Internet-based organizing and a grassroots alternative to government-backed charging-facility projects,” the Caixin report says.
Nearly 80,000 of Maryland offshore wind energy development leases are to be auctioned and another of 344,000 acres offshore New Jersey is being proposed. All told, the two Atlantic Ocean parcels could support a massive 4,850 MWs of clean, renewable power, enough for 1.5 million U.S. homes.
In response to employee demand, particularly from millennials, a growing number of employers are adopting an official engagement policy on sustainability. “People are realizing that these are not ‘nice-to-have’ programs,” Susan Hunt Stevens, founder and CEO of WeSpire, told Triple Pundit. “They drive the bottom line and the top line of business.”
Recently PepsiCo CEO Indra Nooyi gave some frank answers to questions about work/life balance that coincide more with Anne-Marie Slaughter than Sheryl Sandberg. As in, work/life balance? At the c-suite level, there isn’t any.