Tag Archive for ‘Environment’
California made big news recently when it announced the first statewide ban on plastic shopping bags set to kick in during the middle of 2015. Of course, Americans are late to the party when it comes to banning plastic bags: The European Union, China, India and dozens of other nations already have plastic bag bans or taxes in place.
Questions about how SeaWorld Parks and Entertainment treats dolphins and whales has placed it at the center of an intense controversy involving allegations of cruelty to animals – charges the company vehemently refutes. Columnist Gael O’Brien examines the debate and interviews Thomas I. White, an advocate for animal rights and a professor of business ethics.
Long criticized for its lack of commitment to sustainability—from supporting the dangerous mining of precious resources and exploiting factory workers to powering its data centers with energy derived from coal and not taking back products for recycling—Apple has really worked on turning things around over the past couple of years.
Environmental issues, from headline-grabbing environmental catastrophes to protracted conflicts with governmental authorities, can impair a company’s reputation. Such reputational issues can threaten a company’s relationship with regulators, customers, employees, interest groups and the general public. Because it can take many years to repair a damaged environmental reputation, it is critical for any company to manage its environmental reputational risk.
This coming April 22 will mark the 44th annual celebration of Earth Day, and the focus this year will be green cities. “As the world’s population migrates to cities, and as the bleak reality of climate change becomes increasingly clear, the need to create sustainable communities is more important than ever,” reports Earth Day Network.
While sustainability is increasingly “appearing on the radars and agendas of companies around the world,” a clear gap exists between corporate “words” and “action,” according to the newly-released Global Corporate Sustainability Report 2013 from the United Nations Global Compact.
On August 1, 2013, Delaware became the 19th state to authorize the benefit corporation. For the first time in American corporate law, this new corporate form provides a legal basis for companies to have a positive social purpose in addition to creating shareholder value.
Columnist Gael O’Brien takes a look at a new corporate responsibility initiative launched by entrepreneur billionaire Sir Richard Branson and a team of 14 other global leaders. “Is the timing right?” she asks. “Is all this enough to create a tipping point where leadership priorities shift and the triple bottom line becomes a universally accepted and honored business practice?”
Companies that invest in the management of environmental, social and governance (ESG) risks are far better prepared to deal with business “shocks” and can demonstrate to investors a “resilience” that potentially translates into higher stock market valuations, according to a new report by the consulting firm Deloitte.
A new television/video program, “Business In Society,” delivering news and analysis on how business is addressing global society’s macro problems — among them, the environment, energy conservation, and women’s empowerment — debuts Saturday, March 30th, 2013.