stakeholder engagement

Stakeholders are individuals or organizations with an interest in the success or failure of a project or entity. Potential stakeholders in a company may include customers, clients, employees, distributors, wholesalers, retailers, suppliers, partners, creditors, stockholders (shareholders), communities, government courts and departments (city, state, federal, and international), banks, media, institutional investors and fund managers, Labor Unions, Insurers and re-insurers, NGOs, media, business groups, trade associations, competitors, the general public, and the environment (local, regional, and global).

Different stakeholders can exercise different types of power, including: voting, legal, economic, and political, and can form coalitions with others. Sustainable organizations should identify stakeholders and maintain dialog with them in order to better understand how to help address stakeholder concerns, operate more effectively, and make better strategic and tactical decisions.

B Lab Co-Founder: This is the ‘Biggest Trend of Our Lifetimes’

B Lab co-founder Jay Coen Gilbert called the transition from shareholder value to stakeholder value "the biggest trend of our lifetimes." And he…

Ceres: More Insurance Companies Prepared for Climate Change, Yet Improvement Still Needed

Ceres recently issued a report on how insurance companies are responding to climate change risks. And the results show insurers have a long…

After Trump Tax Fiasco, Time for a New Kind of Corporation?

Donald Trump's recent statements about tax liability and fiduciary obligation highlights what's wrong with corporate law.

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When it comes to corporate investor engagement, the socially responsible investing (SRI) community can be a unique challenge. Investor relations experts share 10…

San Bruno Verdict Extinguishes PG&E’s Image as a Corporate Citizen

Although PG&E lists a long portfolio of actions on how it is a trusted community partner, the outcome of the San Bruno litigation…

The Full Picture: Investor Relations Meets Sustainability

The communication gap between investor relations and sustainability departments is leaving investors without a full picture of corporate performance and unable to fully…

Anheuser-Busch’s ‘Barley Grower Days’ is Top-Notch Engagement

Anheuser-Busch is working directly with barley growers to reduce water use in eastern Idaho. And the results are impressive.

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Mindfulness, Sustainability, Social Responsibility – Not Just Buzzwords!

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Integrating the Human Experience into Corporate Responsibility

To make a real difference in the world and causes we believe in, don’t disrupt the consumer; disrupt CSR.

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How One Sustainability Pro Broke Out of Her Silo

Sandy Nessing, managing director of sustainability and EHS strategy and design for American Electric Power, explains the keys to breaking out of silos:…