With progressives solidly in charge of Richmond, California’s mayoral office, environmentalists are calling for changes at Chevron Corp., the owner of the city’s massive refinery. They want political contributions stopped, the CEO fired and better environmental practices. To this end, they’ve joined forces with Chevron shareholders to propose sweeping changes at the next annual shareholders meeting. Will the company cave? Who knows, but their demands are certainly being heard, and couldn’t come at a more sensitive time for the oil industry.
This category is about corporate social responsibility (CSR), a form of corporate self-regulation integrated into a business model. The goal of CSR is to embrace responsibility for the company’s actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere.
While the Indian government is very progressive in its policies regarding energy, there is a hard stop when there is a perceived threat to economic growth.
If you’re a successful entrepreneur, you’ve probably felt a pull toward philanthropy. But even if you feel compelled to give back, you might not know the best way to help. Here are three ways you can use your unique position to improve quality of life for others.
The Episcopal Church made history in 1971 when it filed the first shareholder resolution by a religious organization. The company in question was General Motors, and the resolution called on the company to withdraw its business in South Africa. It was both church history and business history.
“Automakers have effectively delivered electric vehicles that can satisfy the needs of most American drivers,” Sommer said this week in Washington, D.C. “In addition to the investment we and other companies and industries are making, we would like to see federal financing support for establishing fast-charging networks in urban areas and interstate corridors.”
Off the back of its partnership with BMW and Chargepoint, Volkswagen announced it will invest $10 million in EV charging infrastructure in the U.S. by 2016.
Once called corporate raiders or asset strippers, activist investors are rewriting the rules of engagement for investors and investees. How will this affect the green, impact and social investing sectors as they continue their march toward mainstream markets?
Water is a finite and precious resource, but our economic systems treat it as limitless and of little value. For many companies and other water users, their water bills are so small that it hardly seems worthwhile to conserve. Can putting a price on the priceless save this invaluable resource?
Inditex, Zara’s parent company, recently announced that angora products will no longer be sold at its 6,500 stores, due to pressure from animal rights activists.
Danish pharmaceutical giant Novo Nordisk, a leading force in the battle against diabetes, calls on cities to help residents get healthier.
In light of the World Bank’s recent decision not to investigate connections between the Bank’s development projects and the forced labor in Uzbekistan, positive steps by apparel and home goods companies are vital.