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.

Exxon

ExxonMobil Seeks to Limit Shareholder Action on Climate Change

ExxonMobil is trying to exclude a climate change proposal from this year’s proxy ballot, and if the oil and gas giant succeeds, its…
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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:…
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Why is Stakeholder Collaboration So Important?

Collaboration among different actors is not only paramount, but it is also the sole route to successfully addressing the challenges we face, argues…
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Big is Beautiful

The big question about business sustainability has always been: Can it scale? In her highly readable and well argued new book, "Green Giants,"…
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How Some Long-Term Investors are Fighting for Sustainability

Last week, Ceres released an illuminating analysis of how some major companies are responding to shareholder engagement on environmental, social and governance (ESG)…
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As Good As It Gets? Fortune’s ‘Change The World’ 2015 Ranking

Rankings are all about who’s on top, and who wants to be. The world needs every business to be a good corporate citizen.…
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Sustainability Reporting: Why Bother?

Let’s be honest: Most corporate sustainability reports are not read carefully, if they are read at all. So, why bother?
Palm oil, Union of Concerned Scientists, transparency, Whole Foods, Colgate-Palmolive, supply chain, Leon Kaye, Kraft

Consumer Brands, Big Investors Call for Stronger Sustainable Palm Oil Standard

Archer Daniels Midland, ConAgra, Kellogg and institutional investors responsible for some $4 trillion of capital are among members of a multi-stakeholder group that…
BlackRock, Ceres, activist investors, shareholder resolutions, ESG, sustainability, human rights, climate change, Leon Kaye

Ceres and BlackRock Launch Guide on CSR Engagement

BlackRock, the world’s largest asset manager, teamed up with Ceres to issue a guide for institutional investors seeking engagement on sustainability and corporate…
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Sustainability’s Missing Stakeholders: Nature and the Future

The definition of stakeholders in materiality is broadening beyond people. Let's ask Nature or the Future whether our current sustainability challenges constitute a…
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Social Media Campaign Calls for Fashion Supply Chain Transparency

In support of Fashion Revolution Day, people around the world are taking to social media today, snapping selfies, tagging brands and asking them…
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What’s ‘Material’ When It Comes to Sustainability in Business?

Teaming up to help define what exactly is "material" when it comes to sustainability in business, a new research report from GRI and…
Swiss retail and wholesale giant Coop

Multi-Stakeholder Collaboration Builds Sustainable Supply Chains

The challenge that climate change poses on supply chains is becoming increasingly more complex. But a collaborative approach provides a robust starting point…
Chipotle, Jim Ells, responsible sourcing, supply chain, sustainable pork, social responsibility, fast food, Leon Kaye, millennials, earnings call

Chipotle’s Earnings Call: A Business Case for Sustainable Sourcing

Chipotle's earnings call on Feb. 3 was about more than financial accomplishments: It was a business case for sustainable meat and responsibly-grown food.
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A New Vocabulary for Responsible Business: Words That Encourage

We need to infuse our current lingo with words and concepts that encourage better businesses and a better future.