If a company claims that it plans to reduce its carbon footprint 15% by 2020, is that good? Better yet, is it enough? The purpose of this study was to analyze greenhouse gas (GHG) emissions of 100 companies against science-based targets that seek to limit climate change to 2o Celsius (3.6o Fahrenheit). As climate modeling has […]
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Companies have largely accepted the importance of addressing sustainability issues, yet a large gap persists in translating that awareness into action. So says a new global study—“Sustainability’s Next Frontier: Walking the Talk on the Sustainability Issues that Matter Most”—by MIT Sloan Management Review (MIT SMR) and The Boston Consulting Group. The study, based on a survey of […]
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Recently the members of Business & Society Belgium were given the scoop on the results of a study on the changing role and competencies of the CSR manager. The scope of the study was: how the role of the CSR Manager has changed over the years, how it will evolve in the future and which new competencies […]
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Leadership in sustainable development has gradually shifted during the past decades, with forward-thinking CEOs of prominent multinational corporations increasingly taking over the role formerly played exclusively by national politicians. This paper discusses possible drivers for a growing divide in governmental and corporate leadership in sustainability. Special attention is given to the role of the sustainability […]
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The NGO Campaign, Facing Finance, presents their latest report, DIRTY PROFITS 2, to commemorate International Human Rights Day, (10.12.) in Berlin. This report demonstrates that human rights violations, corruption, exploitation, and environmental destruction remain ingrained in the business models of major multinational corporations. The robust, 124-page report presents the most serious violations of international norms and […]
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The International Chamber of Commerce (ICC) has released a new Ethics and Compliance Training Handbook. This invaluable reference tool offers practical solutions for business to attack corruption at its source. The global business community, as represented by the B20, has identified the need to develop training materials and provide concrete practical training on anti-corruption compliance. […]
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Almost 80 percent of the largest 100 companies in 41 countries worldwide issuing corporate responsibility (CR) reports now use the Global Reporting Initiative’s Sustainability Reporting Guidelines, according to a new survey by KPMG. The KPMG International Survey of Corporate Responsibility Reporting 2013, released today, found that sustainability reporting is truly mainstream, with almost three quarters […]
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The release of the International Integrated Reporting (<IR>) Framework on Monday 9 December 2013, marks an important milestone in the market-led evolution of corporate reporting. It follows a three-month global consultation led by the International Integrated Reporting Council (IIRC) earlier this year, which elicited over 350 responses from every region in the world, the overwhelming majority […]
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Transparency International’s Corruption Perceptions Index 2013 offers a warning that the abuse of power, secret dealings and bribery continue to ravage societies around the world. More than two thirds of the 177 countries in the 2013 index score below 50, on a scale from 0 (perceived to be highly corrupt) to 100 (perceived to be […]
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Andre Veneman of AkzoNobel argues that heavy industry still has a vital role to play in the green economy. Due to its significant resource use, its waste and emissions, heavy industry has for many years been seen as an obstacle to sustainable development. But this is not the full story. Many leading companies operating in […]
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For the first time ever, companies have a guide to manage and report on their direct and indirect influences on climate policy. The UN Global Compact, in cooperation with seven leading international organizations, released guidelines to help companies engage in climate policy in a transparent and accountable way that is consistent with their sustainability commitments. […]
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In the face of unprecedented global, regional and local sustainability challenges, the need for transparent and effective non-financial reporting has never been more urgent. In partnership with Radley Yeldar, the WBCSD has conducted one of the largest independent research projects of corporate non-financial reporting, entitled Reporting Matters – WBCSD 2013 Baseline Report . Reporting Matters, launched at the WBCSD’s Council meeting this week in Istanbul,sheds light […]
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