• From Competitive Advantage of Corporate Philanthropy to Shared Value

    Kyle Peterson, FSG

    FSG, the nonprofit consulting firm which I help lead, has witnessed an amazing evolution in corporate philanthropy during the last 10 years. We have witnessed the unprecedented examination and gradual repurposing of corporate philanthropy. For anyone who cares about solving social problems, it has never been a better time to be part of the private sector.  more[...]  login_required

    The Author
    Kyle Peterson, FSG 
     
  • Self-Assessment on Human Rights

    Joël Tronchon, Groupe SEB
    SEB Groupe

    Having become a participant of the UN Global Compact in 2003, Groupe SEB is committed to respecting the Ten Principles of the agreement. For the Group, which has a presence in several continents, including Asia, it was necessary to find a tool capable of transforming this commitment in principle into a concrete reality. This would enable an evaluation of the manner in which these Principles were taken into account locally in each of the Group’s subsidiaries. Accordingly, in 2007 the Group adopted the HRCA Quick Check (Human Rights Compliance Assessment) – a self-assessment tool developed by the Danish Institute for Human Rights and supported by the United Nations.  more[...]

    The Author
     
  • Investor Influence on Firms’ Environmental, Social and Governance Performance

    Prof. Bill Rees, University of Edinburgh Business School

    Whilst corporate social responsibility has been much studied there is little evidence concerning the factors that encourage or hinder environmental, social and governance investment. Willam Rees takes the view that climate change, the failure of corporate governance contributing to the financial crisis and problems with the ethical approach of firms and wealth inequalities, particularly in developing economies, all point to the importance of corporate social responsibility in general and ESG in particular.  more[...]  login_required

    The Author
    Prof. Bill Rees, University of Edinburgh Business School 
     
  • Sustaining Finance and Financing Sustainability in the Middle East

    Arab African International Bank

    Arab African International Bank (AAIB) believes in the significance of conserving the global environment for future generations and realizes the major role it has to play regarding this increasingly important issue. AAIB was the first bank in Egypt and the second in the region to adopt the Equator Principles to appraise projects’ financing while taking into consideration the social, ethical, and environmental hazards.  more[...]

    The Author
     
  • A Guide to ISO26000

    With the design of the ISO 26000 norm, the ISO picked up suggestions proposed by their own consumer organizations pertaining to social responsibility in companies operating in global markets. ISO 26000 is not a management system standard. It is not intended or appropriate for certification purposes or regulatory or contractual use.  more[...]

    The Author
     
  • How Geopolitical Change Alters Social and Environmental Standards

    Prof. Dr. Josef Wieland, University of Applied Sciences, Konstanz

    With the design of the ISO 26000 norm, the ISO picked up suggestions proposed by their own consumer organizations pertaining to social responsibility in companies operating in global markets. In June 2002, the consumer policy committee met to discuss this subject. In the run-up to this meeting, a report entitled The Desirability and Feasibility of ISO CSR Standards was created. The first ISO meeting was held in 2004 in Sweden and determined that the standard would not be a corporate social responsibility (CSR) but an SR standard.  more[...]  login_required

    The Author
    Prof. Dr. Josef Wieland, University of Applied Sciences, Konstanz  
     
  • The Power of Voluntarism

    Dr. Elmer Lenzen

    In today’s corporate responsibility debate, so-called soft laws are omnipresent. They seem to be the best solution to combine a maximum of social responsibility with a minimum of public interference. Their rise is closely connected with the age of globalization.  more[...]  login_required

    The Author
    Dr. Elmer Lenzen
     
  • Secrets Behind Innovations in CSR Reporting

    Susan McPherson, Fenton

    How do companies handle CSR reporting? What is new and innovative? And most important: where do experts see the market going? Susan McPherson from Fenton talks with Allyson Park, VP Worldwide Public Affairs & Communications, Coca-Cola, Ephi Banaynal, Global Director, Sustainability Management & Strategy, SAP, Kierstin Regelin, Global Social Innovation, HP and Emily Cichy, Manager, Corporate Citizenship, Disney.  more[...]  login_required

    The Author
    Susan McPherson, Fenton 
     
  • A Global Compact for Development

    United Nations Global Compact (UNGC)

    Emphasizes the second objective of the Global Compact by articulating how companies can support development objectives through their core business; strategic social investments; advocacy; partnerships and collective action. Available Global Compact platforms for business to support development goals are identified and examples of how companies are already contributing to this agenda are showcased. (Source: UNGC)  more[...]  login_required

    The Author
     
  • A New Era of Sustainability - UN Global Compact-Accenture CEO Study 2010

    The Accenture Institute for High Performance

    Provides an overview of CEO perspectives on progress to date, challenges ahead and the journey towards a sustainable economy. The report is based on an extensive study of nearly 1,000 Global Compact CEOs. (UNGC/Accenture, 2010)  more[...]  login_required

    The Author
     
  • Biodiversity Management

    Biodiversity underpins development through the provision of products such as food, fibre and medicines and ecosystem services such as the regulation of water supply and air quality. Though billions of people around the world depend on such ‘goods’ and services, this contribution is neither fully recognized nor valued in markets.  more[...]

    The Author
     
  • Two Years Applying the Corporate Ecosystem Services Review

    John Finisdore, World Resources Institute

    The decline in nature’s ability to provide ecosystem services – the benefits humans derive from ecosystems – can present material risks and opportunities to business. However, managers have only just begun integrating considerations of ecosystem services into corporate decision-making processes. One resource has been the Corporate Ecosystem Services Review (ESR), a set of guidelines that has helped managers improve both corporate performance and the environment.  more[...]  login_required

    The Author
    John Finisdore, World Resources Institute 
     
  • Environmental initiatives are good for business

    Prof Daniel C. Esty, Yale University

    It is increasingly clear that the key to addressing environmental problems in general and climate change in particular is innovation. And to ramp up innovation requires incentives that engage the private sector in the process of research and development of new technologies and systemic change. The most effective way to draw business into the search for greater energy efficiency, renewable energy, and better pollution control lies with making companies (and people) pay for the harms they cause.  more[...]  login_required

    The Author
    Prof Daniel C. Esty, Yale University 
     
  • Novethic

    Editorial Team

     more[...]  login_required

    The Author
    Editorial Team
     
  • New trends in sustainability reporting

    Richard Ketchen

    When it comes to determining the primary audience for sustainability reports, is it investors, customers or another stakeholder group? A recent study by Ernst & Young and GreenBiz.com found employees to be the second most important audience for sustainability reports. That’s not surprising when you consider that the study also found employees to be second only to customers as drivers of sustainability initiatives.  more[...]  login_required

    The Author
    Richard Ketchen
     
 
 
 
 

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