As investors increasingly grapple with how to assess “sustainable” business practices and their impact on corporate performance, a new non-profit organization has launched to develop sustainability accounting standards for use by publicly listed U.S. companies in their disclosure statements to the Securities and Exchange Commission.Full Story»
With Facebook now claiming more than 840 million active users around the globe – and other social networks surging as well – it’s increasingly clear that boards of major companies need to factor the social media phenomenon into the governance equation. Digital “dashboards” are one way of staying abreast of what’s going on. Another is for the board to recruit a “digital director” – but they’re in short supply.
The good news is that on-the-job misconduct by American workers may be at an all-time low, and when misconduct is detected it’s likely to be reported by co-workers. The bad news is that whistle-blowers are being retaliated against for their truth-telling at a “shocking” rate, according to a new survey.
A study by analysts at J.P. Morgan concludes that impact investing – which is intended to generate social good as well as financial return – could represent a highly-profitable trillion dollar market over the next decade. “In fact, we believe that impact investing will reveal itself to be one of the most powerful changes within the asset management industry in the years to come,” the study says.
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- Making the Case for “Shared Value” for Business and Society
- Study: Mandatory Sustainability Reporting Improves Behavior
- Books: Using Social Media To Build a Better World
- Social and Environmental Shareholder Proposals Gain Traction
- Wall Street Cash Bonuses Fell in 2010; Average $128,530