On Thursday, January 24, 2007, Innovest Strategic Value Advisors officially launched the fourth Global 100 list of the most sustainable corporations in the world at the World Economic Forum in Davos. The Global 100, initiated by Corporate Knights Inc. with Innovest as the exclusive research provider, includes companies from 16 countries in sectors ranging from Oil and Gas to Wireless Telecommunication Services that were evaluated according to how effectively they manage environmental, social and governance risks and opportunities, relative to their industry peers.
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Chucking a few dollars at the pet charity of the chairman’s wife no longer cuts it as corporate philanthropy, if it ever did. Nor does using corporate philanthropy as PR or window dressing to mollify critics, or even roping off a slice of profits to be dispensed for good works.
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The Carbon Disclosure Project (CDP), a collaboration of over 315 institutional investors, including Goldman Sachs, Merrill Lynch, Allianz and HSBC, with assets under management of more than $41 trillion, is now working with some of the world’s largest companies to help them assess greenhouse gas (GHG) emissions through their supply chains.
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Corporate social responsibility has great momentum. All the more reason to be aware of its limits
How wonderful to think that you can make money and save the planet at the same time. “Doing well by doing good” has become a popular business mantra: the phrase conjures up a Panglossian best-of-all-possible-worlds, the idea that firms can be successful by acting in the broader interests of society as a whole even while they satisfy the narrow interests of shareholders. The noble sentiment will no doubt echo around the Swiss Alps next week as chief executives hobnob with political leaders at the World Economic Forum in Davos.
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What do an egg producer in China, a plastic pipe manufacturer in Brazil, and a chemical producer in India have in common? These companies each gained a competitive advantage by developing business strategies to become environmentally and socially responsible. In a new report, entitled “Market Movers: Lessons from a Frontier of Innovation,” IFC, a member of the World Bank Group, and SustainAbility tell the stories of four emerging market companies that have pioneered new sustainable business strategies.
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new study examines the progress of ten global corporations against a comparative five-stage sustainability framework and suggests a direct correlation between leader mindsets and sustainability success. Many companies are missing a critical step in their sustainability journey, according to the Avastone Corporate Sustainability Study (ACSS). The ACSS reveals that it is not a lack of tangible systems and activities that comprise the missing component, but rather a scarcity of higher-capacity leaders.
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Nearly 800 sustainability reports are currently in the running for the inaugural GRI Readers Choice Awards. On December 31st the field of eligible reports will be reduced to a short-list based on reports with:
. the highest volume of scores received (not highest scores!)
. the widest diversity of scorers (employees, media, civil society, investors, management and governance, etc)
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Dutch Sustainability Research (DSR) and Respect published findings of a benchmarking study on climate change best practice. The research indicates that corporations are taking part in numerous interesting and innovative climate change related initiatives. However, overall climate change disclosure remains patchy and inconsistent and it therefore remains difficult to determine real leadership.
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BASF’s corporate website – www.basf.com – is the most complete and web savvy in the field of online sustainability communications. Jungle Rating – a Dutch internet consultancy – concludes this after having investigated all sustainability websites of the European sustainability leaders, listed on the DJSI STOXX index. The short list of the top 53 companies has been announced today.
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Half-a-hundred options for cleaning up your business, from the universal (catch that rainwater!) to the specific (lose the plastic bowls!). Mix, match–join in. Imagine asking today how the Internet affects business. It’s an absurd question, like asking how electricity changed business. Asking the same about sustainability, it turns out, is equally absurd. Like the Internet, sustainability spurs innovation in everything, from how you see your business model to whether you see your employees (why not let them work at home more?). Here are our favorite ways companies today are greening up–and saving money and making better widgets in the process.
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Companies who have jumped on the “green” bandwagon have to support their green marketing by improved transparency and verifiable environmental and sustainable products, according to the newly released “BBMG Conscious Consumer Report.” BBMG, a marketing agency that specializes in working with socially minded organizations, found that consumers are becoming more conscious of the environmental and social impacts of the companies whose products they buy.
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In een toespraak voor Rotterdamse studenten op 31 oktober 2007 onderstreept minister Bos dat duurzaamheid een onlosmakelijk deel vormt van economie.
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