Tag Archive for ‘Sustainability’
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.
A new initiative to develop standards for reporting on environmental, social and governance (ESG) issues by publicly-held U.S. companies has launched its first set of standards – for the health care sector – with ambitious plans to develop similar standards for more than 80 industries in 10 sectors over the next two years.
A growing number of chief financial officers are increasingly involved in environmental and social initiatives that not long ago were totally divorced from their company’s income statements or balance sheets. At The Walt Disney Company, CFO Jay Rasulo says combining corporate citizenship with financial oversight “allows us to integrate our work in citizenship with the other financial strengths of the company. And if I’m successful in doing that, I believe I’ll actually create even more value for our shareholders.”
Organizers from Earth Day Network (EDN), the non-profit group dedicated to diversifying and mobilizing the environmental movement through planning and coordinating Earth Day activities and events around the world, have chosen “The Face of Climate Change” as the theme for 2013’s celebration on April 22.
Long a poster child of environmental ills and health concerns, McDonald’s has worked steadily over the last two decades to clean up its act. But while it may be moving in the right direction on some issues, it is still widely criticized for the waste it generates and its contribution to health woes such as obesity.
EarthTalk® E – The Environmental Magazine Dear EarthTalk: What is the “Bluesign” standard for textiles? Which if any well known manufacturers are embracing it? – Karin Romano, Bristol, CT Bluesign is an emerging standard for environmental health and safety in the manufacturing of textiles. The Switzerland-based organization, officially known as Bluesign Technologies AG, provides independent auditing [...]
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.
Some hotels and hotel chains take sustainability more seriously than others, but the industry as a whole has certainly become greener in recent years. Those little cards encouraging you to re-use towels and linen may seem like token environmentalism, but they can actually result in significant water, waste and cost reductions.
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.