SURVEYS show companies that practise good corporate social responsibility (CSR) benefit significantly in terms of better financial performance, lower staff turnover, enhanced brand image, and a competitive advantage over their rivals.
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In collaboration with the World Economic Forum’s Logistics and Transportation Corporate Citizenship Initiative, GRI began work to develop a Sector Supplement for this industry this month. The sector supplement will aim to help companies engaged in activities spanning shipping, air, road and rail transportation as well as postal services, freight, express and logistics activities better apply the GRI Sustainability Reporting Guidelines.
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The GRI Guidelines have enjoyed rapid uptake by large companies, but reporting by smaller companies is still rare. Initial feedback from Small and Medium Sized Enterprises (SMEs) shows that there are some barriers to reporting, including that the Guidelines are not in a format that optimizes their use by SMEs; and many SMEs remain unaware of sustainability reporting and the associated benefits. This project, funded by a 150,000 Euro grant from the Dutch Ministry of Economic Affairs will fill these gaps.
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Crown Princess Victoria of Sweden officially opened the ISO conference on social responsibility in Stockholm today, declaring, “Social responsibility concerns us all”.
The conference, 21-22 June 2004, hosted by the Swedish Standards Institute (SIS), will provide feedback to assist ISO in deciding whether or not to propose the development of International Standards or other ISO tools addressing the social responsibility of organizations.
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One measure of the development of corporate social responsibility (CSR), or the incorporation of ethical, environmental, and sustainability considerations into business practice, is the prevalence of CSR policies at companies. A report released last month by the University of Hong Kong’s Center of Urban Planning and Environmental Development surveys the incidence of CSR policies globally. Entitled Corporate Social Responsibility in Europe, North America, and Asia: 2004 Survey Results, the report is authored by Richard Welford, deputy director of the Corporate Environmental Governance Programme (CEGP) there.
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The United Nations Environment Programme Finance Initiative (UNEP FI) and the Global Reporting Initiative (GRI), have the pleasure to invite you to contribute to the development of the GRI Financial Services Sector
Supplement (Environmental Performance).
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The European Commission /European Social Fund, an international consortium of academics, consultants and quality experts have developed a new generation management framework, and a set of stakeholder oriented (measurement) tools. This ECSF framework is able to support companies in demonstrating responsible ways of doing business and achieving higher performance levels as sustainable operating organizations. This way ECSF can contribute to European businesses manifesting the European values and sustainable principles in achieving world class corporate performance.
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A new report by SustainAbility and WWF-UK, Through the Looking Glass: Corporate Responsibility in the Media & Entertainment Sector, calls for media
and entertainment companies to be more transparent and accountable for their -brain print’ on society.
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Corporate Responsibility (CR) must be relevant to individual businesses according to new research from Ashridge, one of the world’s leading business schools, carried out in association with the British Quality Foundation (BQF).
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CERES and the Tellus Institute released the draft guidance for facility-level sustainability reporting for public comment. All interested parties are encouraged to submit comments through September 10, 2004.
The Draft Facility Reporting Guidance is the product of the Facility Reporting Project (FRP). In 2003, CERES and the Tellus Institute jointly launched the FRP as a multi-stakeholder effort to develop consistent, comparable, and credible economic, environmental and social reporting guidance for individual facilities in the United States. Major initial funding was provided by the Joyce Foundation of Chicago; additional funding has been provided by the Multi-State Working Group (MSWG).
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The European Federation of Accountants, FEE, is today calling on the European Commission’s Multi-stakeholder Forum to give Corporate Social Responsibility (CSR) reporting the same level of recognition as financial reporting. CSR
reporting typically sees corporations reporting on their economic, social and environmental impacts.
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The European Academy of Business in Society (EABIS) today launched Europe’s first on-line directory of education, training and research on corporate social responsibility (CSR) and business in society (BiS.
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