Last week was an important milestone for enhancing sustainability in automotive supply chains. The European Automotive Working Group on Supply Chain Sustainability, consisting of ten automotive manufacturers and facilitated by CSR Europe, organised the ‘Sustainability Automotive Supply Chain Forum’ in Istanbul, Turkey.
120 participants joined the Forum including representatives from automakers, suppliers and local associations. The speakers at the event included representatives from the BMW Group, Daimler, Toyota Motor Europe, Volkswagen and Volvo Cars.
Building on the Automotive Industry Guiding Principles to Enhance Sustainability Performance in the Supply Chain, the themes at the event evolved around issues related to business ethics, environmental sustainability, human rights and working conditions in the automotive supply chains.
To view the press release, click here.
‘BON et Bien’ is a joint project between supermarket chain E.Leclerc Templeuve, potato expert and CSR Europe member McCain, employment bureau Randstad and the Food banks of France (Banques Alimentaires).
This new coalition has emerged due to the high unemployment rate in the Nord Pas de...
The Entrepreneurial Skills Pass (ESP) is an international qualification that aims to facilitate students' transition from education to entrepreneurship or employment.
In order to make ESP a pass to further opportunities, JA-YE Europe and CSR Europe launched a call for action for companies and...
Friday the 31st of October, the European Commission launched its 2014 Compendium on national public policies in the European Union on corporate social responsibility.
The Compendium is partly the result of seven peer reviews on corporate social responsibility that took place in 2013 between EU...
This week CSR Europe and Italian Partner Organisations Impronta Etica and Sodalitas kicked-off CSR Europe’s first European Roadshow on ‘Rethinking Careers: How to deal with longer working lives in Human Resources processes’ as part of the European Business Campaign on Skills for Jobs.
The DESIGN-MTS – Defining Social responsibility Interventions for a Grounded Networking in Machine Tools Sector has brought together partners from industry, academia and the research world to develop a multi-stakeholder platform in the field of corporate social responsibility (CSR) and...
(Paris, 23 October) Today, Diversity Charters across Europe come together to discuss the success and future perspectives for the EU Platform of Diversity Charters.
From 2004 to date, 13 national Diversity Charters have been established across Europe. The charter is a short document which...
Today, CSR Europe is in Paris to support the launch of a White Paper which calls for emergency measures to be put in place to secure employment for the elderly while ensuring social protection for workers over 50 years of age in France. The paper published by Generations ERIC requests for action...
Study shows gap between the views of current and future leaders when it comes to how businesses combine profit and purpose
Around nine in ten current CEOs and future business leaders believe businesses should have a social purpose. But while 86% of current leaders think businesses are already putting this into practice, just a fifth of the younger generation agrees with this. This shows a clear gap between the views of today’s CEOs and the next generation of leaders.
These results are part of a new study published by CSR Europe member Coca-Cola Enterprises in partnership with Cranfield’s Doughty Centre for Corporate Responsibility and The Financial Times’ FT Remark. The study, ‘Combining Profit and Purpose’ is based on the views of 50 CEOs and almost 150 MBA and MSc students and recent graduates across Europe.
The research indicates that both current and future leaders agree that a business’ profit and the ability to provide shareholder value are the best barometers of business success today. However, the groups disagree on how that may change in the future. While the overwhelming majority of current CEOs feel that profitability and shareholder value will remain key in the future, the findings suggest future leaders have higher expectations of the role business should play, claiming that societal and environmental impact, innovation and development of future talent will be more important indicators of business success in the years to come.
Additionally, CEOs and future leaders hold different beliefs on the biggest barriers to businesses adopting a social purpose, with current leaders citing external factors such as government and regulation, while future leaders believe current management attitudes play a larger role.
Commenting on the results of the study Professor David Grayson, Director of the Doughty Centre, indicates that while it is not surprising to learn that social purpose is seen as a priority for business, the big challenge is to ensure that more business leaders define the real purpose of their business, and identify how they are going to achieve that purpose. According to him, this might be done by developing clearly defined strategies and identifying new, disruptive approaches now, in order for businesses to better ensure success and relevance in the future.
To read to full study click here.