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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(Published in the Japan Times of 21 july 2003).
— In Europe, Dutch companies are widely considered to be the front runners along with British companies in addressing the need for corporate social responsibility.
However, most Dutch companies, nongovernmental organizations, and even the Dutch government, are still in the midst of determining how to instill this concept in their corporate behavior.
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Speech “Public Policy and Corporate Social Responsibility” by Mr Erkki Liikanen, Member of the European Commission, responsible for Enterprise and the Information Society.
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Self-nominations are expected from investment companies active in SRI for the “Royal Awards for Responsible Investment”.
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A new publication warns: the majority of companies are merely stating their compliance with the expectations of society as opposed to communicating a clear sense of values.
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Update from the Global Reporting Initiative (GRI).
* GRI Adopts New Business Plan
* Stakeholder Council: In Session!
* ICGN/GRI Panel: Reporting as an Important Element of Good Governance
* Structured Feedback Process Launched
* Have Your Say: Web Forum Now Online
* GRI at Work Around the World
* Alyson Slater Appointed as GRI Communications Manager
* Uptake of GRI Guidelines Continues
* GRI On The Move
* Quotation of the Month
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