What is the Social Responsibility of Business?

Ever since Milton Friedman famously proclaimed “The Social Responsibility of Business is to Increase its Profits” (NYTimes 1970), pundits have pondered whether his purist interpretation was really the only way.

Profit is certainly a lot easier to quantify than something like ‘happiness’, but the intangible benefits of good, honest business clearly go way beyond pure finance….Must the word ‘profit’ always refer to money in the strictest sense?

Collected on this page are various interpretations of the idea of “social responsibility” and the responsibility of business to take an active, passive or indifferent role in building a more sustainable world.

Read on below, or learn more on TriplePundit’s front page.

brendan-doherty

Video: Brendan Doherty, Inward Point on “The ROI of Sustainability”

At Sustainable Brands 2015 we asked thought leaders to define the "ROI of Sustainability" in their words. In this video, Brendan Doherty of…
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Multinationals Collaborate to Halve Food Waste

At its annual Global Summit in New York City last week, the Consumer Goods Forum announced a bold resolution to tackle food waste.…
cindy-drucker

Video: Cindy Drucker, Weber Shandwick on “The ROI of Sustainability”

At Sustainable Brands 2015 we asked thought leaders to define the "ROI of Sustainability" in their words. In this video, Cindy Drucker of…
The Yahoo! Search team looks pretty inspired. Can you say the same about your own?

Managers: Help Your Charges See Your Vision

The mirror self image approach can help your team see the company's vision as their own stepping-stone to personal growth.
jonathan-atwood

Video: Jonathan Atwood, Unilever on “The ROI of Sustainability”

At Sustainable Brands 2015 we asked thought leaders to define the "ROI of Sustainability" in their words. In this video, Jonathan Atwood of…
darren-beck

Video: Darren Beck, Sprint on “The ROI of Sustainability”

At Sustainable Brands 2015 we asked thought leaders to define the "ROI of Sustainability" in their words. In this video, Darren Beck of…
bruno-sarda

Video: Bruno Sarda, Dell on “The ROI of Sustainability”

At Sustainable Brands 2015, we asked thought leaders to define the ROI of Sustainability in their words. In this video, Bruno Sarda of…
El-Bajío-Watershed

General Mills: Water Stewardship and the Evolution of Business Imperatives

For a food giant like General Mills, water stewardship and resource management isn't an option. It's a business imperative.
more global goals

The United Nations Invites You to ‘Lever Up’ Your Social Impact

The United Nations recently gave a preview of its global goals for 2030, slated to be formally unveiled at their Social Good Summit…
paul-herman

Video: Paul Herman, HIP Investor on “The ROI of Sustainability”

At Sustainable Brands 2015 we asked thought leaders to define the "ROI of Sustainability" in their words. In this video, Paul Herman of…
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Top Retailers Discontinue Confederate Flag Merchandise

Spurred by the Charleston massacre -- and subsequent protests to remove the Confederate flag from South Carolina's capitol building -- mega-retailers like Walmart…
vanilla

General Mills Releases First Public Policy Statement On Human Rights

General Mills announced its human rights policy earlier this month. Although the policy does not contain anything new, it is the first time…
first green bank LEED solar

First Green’s ‘Regenerative Banking’ Reaches Beyond Sustainability

First Green Bank is employing a new business model in building a community-focused "green" bank in the heart of Florida. The winner of…
ron-cotterman

Sustainability & Innovation: Ron Cotterman, Sealed Air

TriplePundit was invited by Janssen to create a series of video interviews asking the question - What is innovation and how can it…
chris-librie

HP’s Chris Librie Explains Living Progress for 2015

HP has a solid commitment to the triple bottom line. Chris Librie outlines a few examples of the company's integrated approach to sustainability.