Tag Archive for ‘CSR’
Adding Value and Values to the MBA
When students return to campus in coming weeks, so will debate about the purpose of management education and the role of ethics. Columnist Gael O’Brien wonders whether current business leaders will support training new leaders in skills and competencies that support new models of business – or will it be simply business as usual?
Survey: Companies Lack Basic Sustainability Programs
A Conference Board survey finds that even though corporations lack the structural framework to enable proper director oversight of sustainability programs, they rarely consult outside expertise. At 89 percent of the companies surveyed, directors continue to rely on reports by senior executives for information on social and environmental initiatives.
Taking Care of Bottom-Rung Employees is Good Business
The results of the six-year study surprised even its authors. They expected to find that, yes, you could provide bottom-rung employees with benefits and still be profitable. Instead they found that you should provide such benefits because doing so increases profits.
Opinion: The Corporate Responsibility Commitment
The rhetoric surrounding corporate responsibility can be off-putting to companies with many firms assuming they can never live up to such grand claims. But taken in achievable steps, every company can embark upon the corporate responsibility journey. Patrick Jelly, managing director of Pitney Bowes UK, assesses the reality of corporate responsibility adoption and outlines some of the do’s and don’ts of such a strategy.
Are Business Schools to Blame for the Financial Crisis?
The director of a leading graduate education program in responsible business thinks the key to corporate responsibility is integration of sustainable thinking and action into day-to-day business as well as students’ coursework – but achieving that “represents a fundamental shift in the way companies are run and what students are taught.”
BNY Mellon To Increase Social Investing Options
Fiduciary responsibility “has often been defined exclusively in financial terms, such as maximizing returns to provide for retired employees,” the firm said. “However, there is growing discussion that the way in which those returns are achieved is just as important.” BNY Mellon has $22.3 trillion in assets under custody or administration and $1.1 trillion under management.
Survey: U.S. Consumers Willing to Pay for Corporate Responsibility
Despite the economic recession, 59 percent of those responding said they plan to spend the same or more on products from socially responsible companies.
Opinion: When CSR Became a Movement
Bill Baue argues that CSR is not a random collection of ad hoc, discrete actions to revise corporate behavior, but rather has become a coherent aggregation of sustained, widespread efforts to reform (or even revolutionize) the role of corporations, shifting from negative to positive impacts on society, environment, and economy.
Survey: India’s Companies Partnering with NGOs for CSR
Twenty one percent of companies have come up with a separate CSR report, the survey found, while only 8 per cent have reported their CSR activities in its annual report. That’s substantially lower than the rate for most international firms, the report noted.
Opinion: MBAs Adapting to Changing Times
Jeanette Purcell, CEO of the Association of MBAs, says the economic downturn has fueled much debate about where the blame lies for the financial crisis we’re in. Some critics have pointed the finger at business schools which, it is argued, have been teaching the wrong things to MBA students and neglecting topics such as risk management, corporate governance and business ethics. These criticisms, counters Purcell, overlook the significant changes in business schools that have taken place over the past decade.
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