The unsettling details revealed by whistleblower Edward Snowden last year generated quite a stir in the press, and large tech and telecom companies faced a wave of consumer backlash in the wake of the ongoing story. It’s always easy to point fingers, but companies are often left with few options once the U.S. government starts putting the screws to them. So, how do NSA data requests fit in with overall corporate responsibility, and what is a company to do when faced with a request that seems to counteract its responsibility to consumers? We spoke with three key experts in corporate social responsibility (CSR) to find out the answers.
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.
Becton, Dickinson and Co. (BD), a New Jersey-based medical devices and supply company, recently established a unique partnership with the Nebraska Public Power District (NPPD) to develop an option for renewable energy generation and usage in Nebraska, focusing on the needs of industrial and commercial businesses.
At an event entitled “Biomimicry + the Regenerative Economy” held in New York City last week, experts Amy Larkin and Katherine Collins share lessons business can learn from nature.
President Obama’s criticism of businesses that move abroad to more affordable tax bases may have value. But is that the fault of businesses or a federal tax system that is out of step with tax systems overseas?
Apparently Michelle Obama brought baby Sasha with her to interview for a VP position at University of Chicago Hospitals. Truthfully, are the working parents among us really accomplishing as much as the workers out there without kids?
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.
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.