Tag Archive for ‘Environment’
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.
EarthTalk® E – The Environmental Magazine Dear EarthTalk: Given that the presidential election is just around the corner, what can you tell me about each candidate’s environmental track record and positions? – Jane Miller, Chicago, IL Just because the environment is getting short shrift this election season due to our nation’s lingering economic woes doesn’t mean [...]
Outdoor clothing company Patagonia has long been a proponent of corporate social responsibility – and financially successful as well. Columnist Gael O’Brien reviews a new book in which Patagonia founder Yvon Chouinard and his co-author explain how an entrepreneurial spirit is as important for achieving social and environmental goals as it is to a company’s bottom line.
Seven U.S. states have now enacted laws creating a new type of corporation – typically called a benefit corporation, or B Corp – to advance the cause of socially responsible business. But a corporate attorney argues that, however well-intentioned, the B Corp structure “undermines the very values that corporate governance advocates should seek to promote: responsible, sustainable corporate decision-making by companies of any stripe.”