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BSR Report Offers First Guidelines for Companies on How to Communicate about Climate Policy Engagement
On the heels of last year's failed climate negotiations in Copenhagen, more companies worldwide are attempting to advance national and international policies around climate change. Now, a new report from BSR offers the first concrete guidelines on how business can communicate to customers, investors, and the public on these climate policy engagement efforts. Today, stakeholders are demanding that companies communicate transparently on their climate efforts: investors want to see that companies are creating value, customers want to judge which companies are leaders versus laggards, and watchdogs are looking for inconsistencies between companies' stated climate goals and the policies they support… Read more
17 March 2010
Global water shortage will transform business operations, Industrial practices over next decade, says new SustainAbility Globescan survey
Jeff Erikson, senior vice president at SustainAbility, said the decisions executives make to respond to freshwater scarcity will penetrate almost every aspect of their business operations. In China, for instance, executives who consider locating plants north of the Tibetan Plateau are likely to more carefully consider the consequences of rapidly melting Himalayan glaciers that feed some of China's most important rivers. Over the last 20 years water shortage has not been a lens that has been heavily considered in plant siting," said Erikson… Read more
17 March 2010
The Coca-Cola Company, FEMSA and The World Environment Center Launch Cleaner Production Partnership in Costa Rica
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The Coca-Cola Company, FEMSA and the World Environment Center (WEC) announced today the launch of an innovative partnership to expand the sustainable development commitments of Coca-Cola and FEMSA's Costa Rican suppliers by reducing energy and water consumption, minimizing waste and raw material usage and lowering operating costs. This partnership is supported by the United States Department of State through its "Cleaner Production Private Sector Partnerships" program. Coca-Cola and FEMSA are both World Environment Center member companies… Read more
17 March 2010
Shoppers go green 'to impress neighbours not to save planet', study finds
While consumers are more likely to "go green" on the high street where they can be seen making altruistic choices, the privacy of online shopping brings out an entirely different behaviour. When people are not being watched by their peers they are more willing to shun the ethical products in favour of comfort and convenience, the report says. The habit has been studied by Vladas Griskevicius, of the University of Minnesota's Carlson School of Management, who found eco-friendly shopping decisions are not always motivated by a social conscious… Read more
17 March 2010
Second round of the GRI's Reader's Choice Awards: voting still open until 8th April
The Global Reporting Initiative (GRI) has announced on 17th March the shortlist of the 2010 Readers' Choice Awards is up for voting on the Awards website until 8th April. 105 Organizations from 13 different countries have made it to the shortlist. Readers can now continue to vote on the short listed organizations. Wim Bartels, Partner at KPMG Sustainability Netherlands said:"As two years have progressed since the first Readers' Choice Awards, this year's shortlist and survey results will show how readers assess the efforts companies worldwide have put into sustainability reporting… Read more
17 March 2010
Risk Oversight Needed for CSR Initiatives, IIA report says
Risks associated with implementing corporate social responsibility (CSR) initiatives into strategic and operating plans need to be closely controlled and monitored, according to new guidance from The Institute of Internal Auditors (IIA). The 24-page practice guide, "Evaluating Corporate Social Responsibility/Sustainable Development," aimed at internal audit executives and their stakeholders, evaluates upside and downside CSR risks that should be considered when developing their audit plans and procedures… Read more
17 March 2010
IE Business School and the Club de Excelencia en Sostenibilidad launching a course dedicated to CR Management for professionals in Latin América and Spain
IE Business School and the Club de Excelencia en Sostenibilidad, in collaboration with the Fundación Carolina, have just launched a course within the Open Executive Programs section. This course is an advanced program on Corporate Responsibility for Latin America and Spain. It is aimed at providing the participants with the appropriate CR guidance to further succeed in their sectors and have an overview of the way to include CR in the business model. It targets executives from companies, business networks, foundations, and NGOs located in Spain and Latin America… Read more
16 March 2010
Swedish govt fund vows to vote down short-term excessive bonuses
Swedish government buffer pension fund, AP1, has sent out a tough message that it will vote against what it deems to be excessive executive bonuses during the forthcoming company annual general meeting (AGM) season. The fund, one of five big Swedish government schemes, said that in recent years it had asked portfolio companies to make a long-term evaluation of their incentive schemes and present the findings at AGMs. A recent statement concluded that "far too few" companies had responded… Read more
16 March 2010
KPMG survey: Corporate Responsibility and Sustainability at large Hungarian companies
A third of the 100 largest companies in Hungary reported on their non-financial results last year, while only 8 of them included third party opinion as an independent external control, a decrease in numbers compared to a year earlier - a new KPMG survey on "Corporate Responsibility and Sustainability at the large Hungarian companies" reveals. The study assesses in what ways and to what extent non-financial sustainability and reporting practice have changed during the financial and economic crisis… Read more
16 March 2010
The Sustainability Professional: 2010 Competency Survey Report
In response to a growing need to move the world toward sustainable development and sustainable practices within government and industry, a whole new profession is emerging.The global professional association ISSP just completed an authoritative study to bring clarity, cohesion and credibility to the emerging arena of sustainability.Conducted over a 9 month period, the study answers the question: "What should a sustainability professional know how to do?" Based on a carefully crafted survey tool that was administered worldwide to nearly 400 professionals working in the field, the study summarizes the competencies identified as being most critical to the successful per-formance of leaders, advisors and experts working in the field of sustainability… Read more
16 March 2010
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