A new survey released today by business network CSR Europe shows that a majority of respondents to a recent web survey expect the World Trade Organisation (WTO) to set overall global standards on the social and environmental aspects of international trade. The results underline the growing expectations and demands made of the trade organisation, which is currently holding its 5th Ministerial Conference is currently underway in Cancun, Mexico.
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Banking on a good reputation: Companies should look at corporate social responsibility on a cost-benefit approach, not by whatever campaign is in the news
Financial Times, 21 July 2003 – It pains me to say this, but I am becoming less cynical about Corporate Social Responsibility.
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More than half the top 250 companies now produce reports on environmental, social or ethical performance, demonstrating how non-financial disclosure has become mainstream.
A new study found that 132 of the FTSE 250 companies report. All of those covered the environment and 100 also covered social and ethical issues. This compares with 30 that produced non-financial reports five years ago and six 10 years ago.
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CCBE, representing the lawyers of Europe, encourages the practitioners of the legal profession to increasingly take on an advisory role on CSR issues.
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Intern Amanda Schneier conducted the PFS Program’s first Survey of Reporting on Corporate Social Responsibility (CSR) by the 10 Largest Listed Companies (by market capitalization) in Czech Republic, Estonia, Latvia, Lithuania, Slovakia and Slovenia. The survey investigates companies’ disclosures on a range of CSR issues as of August 15, 2003.
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The August 2003 update of the Global Reporting Initiative (GRI). Subjects:
* Quote of the Month
* GRI Achieves 300 Reporter Target
* GRI Business Plan: Goals for 2003-2005
* GRI Chief Executive Responds to UN Sub-Commission ‘Norms’
* 130 Organisations Participating in the SFP
* Telecommunication Sector Supplement Released
* YOUR FEEDBACK NEEDED: Automotive Sector Supplement
* Eastern European Project Provides Encouraging Results
* New Faces at the Secretariat: Menno Wiemans, Nancy Bennet, Gaby Infante
* Register as an Organisational Stakeholder
* InterAct Forum: Materiality Debate Continues
* More Organisations Using the GRI Guidelines
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Innovest’s latest report shows that environmental leaders in the global food and drug sector financially outperform the sector’s environmental laggards.
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Corporate Citizenship in the U.S. is gaining momentum, not losing steam, in the face of a challenging business environment. At a time when corporations are under tremendous scrutiny for their actions – both internally within the company, and externally in the global marketplace, when -Brand America” is being questioned for its values, where we find ourselves in an economic recession, and post 9/11 terrorist concerns, Corporate Citizenship is now gaining attention.
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Investors and companies are still not having a meaningful dialogue about the business value of Corporate Responsibility (CR), according to research published. The research report ‘Speaking the Same Language’ was commissioned by Business in the Community and the UK Social Investment Forum and conducted by Arthur D. Little. It looked at the underlying reasons for poor communication between the Socially Responsible Investment (SRI) community and companies, and how SRI issues generally feature in communications between mainstream investors and companies.
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The Nordic Partnership has released the first findings from the project, ‘Rules of the Game – Sustainable Supply Chain Management’. The paper, No Writing on the Wall examines some of the dilemmas and barriers to sustainable supply chain management, based on the discussions of several international NGO’s and leading Nordic companies. Although a complex process, sustainable supply chain management makes good sense, but there is no real incentive to do it. As yet there is no writing on the wall.
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Given the recent high profile failures in corporate governance in a wide range of different businesses, NIMBAS Graduate School of Management and Bradford University School of Management have developed an MSc in Corporate Governance that builds on an existing MBA degree in a one-year, part-time Executive programme.
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Eleven global players in the oil and gas industry meet sustainable investment criteria. This was the finding of Munich-based rating agency oekom research, which used social and environmental criteria to evaluate 26 oil and gas companies.
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