Catastrophic risks are unanticipated losses or damage that cripple an organization and often lead to a survival mode. Business leaders may choose to ignore them, but they can end corporate life.
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.
With the federal minimum wage increase a hot topic on everyone’s mind, TriplePundit rounded up 10 U.S. companies that pay each of their employees a living wage. You may be surprised by who made the list.
Previous estimates predicted less than 2 percent growth in U.S. energy demand going forward, due in part to policy changes and industry standards surrounding energy efficiency. However, a new report shows an even worse picture for the traditional purveyors of electricity. Use has actually been falling since 2007 and continues to do so.
The CEO of Nissan, Carlos Ghosn, paid a visit to the Kingdom of Bhutan last week to discuss a new fleet of government vehicles for the tiny Himalayan country. Prime Minister Tshering Tobgay and Ghosn have reached a deal in which Bhutan will be come the new platform for highlighting the versatility and eco-compatibility of the Nissan Leaf.
The prevailing thinking is that conservative Republicans are against raising the minimum wage. However, that is not true for all conservative Republicans. Certainly not for Peter Thiel, the billionaire venture capitalist who co-founded PayPal who recently said in an interview that he supports a California ballot initiative to raise the minimum wage.
An antitrust investigation conducted by the U.S. Department of Justice has led to a class action lawsuit against top tech companies. Filed on behalf of more than 100,000 Silicon Valley employees who claim wage suppression agreements robbed them of about $9 billion since 2000, the suit names Apple, Google, Intel and other major tech giants.
Airbnb and the sharing economy are in trouble again, this time with members of a small Texas town that put their faith and support into its success. The problem? Rental costs are skyrocketing, and it’s due to Airbnb’s unconventional business model, says one resident.
Caroline Flammer, assistant professor in general management at Ivey Business School at Western University (London, Ontario), was recently named the 2013 Moskowitz Prize winner. Her complex research makes a bold and clear conclusion–that the adoption of corporate social responsibility (CSR) shareholder resolutions leads to an increase in shareholder value and enhances long-term operating performance.
One of the world’s greatest culprits in environmental pollution is something we use every day and probably give the least consideration to its environmental impact: Our clothes. We take a look at some of the key materials used in sustainable clothing, and talk to Henry Schwab, CEO and CFO of Synergy Organic Clothing about his company’s dedication to sustainable methods.
While many conservatives and conservative think tanks claim that raising the federal minimum wage would bring only negative consequences, an analysis by the Congressional Budget Office (CBO) shows otherwise.
In-N-Out Burger, a fast food chain in California and the Southwest, starts its employees off at a wage of $10.50 an hour. Labor Secretary Thomas Perez makes a good point. If In-N-Out Burger can do it–remain profitable and still provide what has arguably been deemed a superior product–why can’t McDonald’s?