Earlier this summer, the Global Reporting Initiative welcomed a new chief executive. I was privileged to chat with Michael Meehan on the phone about his thinking.
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.
The point is that the Libertarian view of big government and massive government intervention as the source of all evil is not realistic or grounded in the way a complicated and globalized world works.
Capitalism is only a particular manifestation of the way business may be conducted. In fact, some may view it as a corruption of business, which undermines economic and social resilience. It is what the anthropologist and cyberneticist Gregory Bateson insightfully understood as the ‘original corruption’ which pits us against Nature in an evolutionary cul-de-sac of selfish ascendance.
A number of the largest PR firms came out, in response to surveys administered by the Guardian and the Climate Investigations Centre, and collectively announced that they will no longer represent firms that want to spread messages denying the reality of man’s role in the disruption of the climate.
Shame involves an attack on one’s inner worth. It is one of those traits that reveals self-reflection, of which humans alone seem to be capable.
India, the world’s largest democracy has taken CSR to a new level: it’s mandated it as a requirement for companies that meet certain financial limits. And not everyone is happy about the new revision to its companies act.
Investment in energy efficiency projects has been in a long-term decline, going back to a peak of about $2 billion annually in 1992, which has drifted down to about $1.2 billion in recent years. Chris Hummel, chief marketing officer of Schneider Electric, thinks that all of that is about to change. After ticking off some $7 billion in new financing going into efficiency from state banks in Europe and the U.S., he told the Guardian the reasons why energy efficiency is about to come roaring back.
Wells Fargo is partnering with the Grameen Foundation’s Bankers Without Borders to expand its international volunteer Global Fellows program.
Participating in the EPA’s Green Power Partnership, over 650 U.S. organizations are now relying wholly on electricity supplied by clean, renewable energy resources.
As millennials we want our work to have meaning for ourselves and the world, and we place a higher value on consumer goods that have some sort of beneficial social or environmental impact. Although we are generally more conservative in our investment decisions than previous generations (can you blame us?), we are willing to take on more financial risk if it increases exposure to ESG impact.
A new report, issued by mainstream economic authority Standard & Poor’s (S&P), acknowledges, perhaps for the first time, that the extreme level of income inequality in this country is actually hurting the economy. In fact, the revered oracle has actually cut its forecast for economic growth (from 2.8 percent to 2.5 percent) based on these conditions.
U.S.-based oil and gas companies are reaping huge gains, thanks to advantages built into the federal tax code unavailable to other types of businesses, according to a study from Taxpayers for Common Sense.
Already in wide use, renewable energy certificate tracking systems offer states a cost-effective means of complying with the EPA’s proposed Clean Power Plan, according to a study from the Center of Resource Solutions and the Regulatory Assistance Project.