Research published today (Thursday, July 10) amongst 1,000 employees across Britain shows that they see a clear connection between responsible business practice and positive impact on the bottom line. It found that responsible practice can help to attract, motivate and retain a talented and diverse workforce, that employees think such a workforce would be more creative and innovative, and that this would in turn improve competitiveness and profitability. However, only 45% of employees find the recruitment rhetoric about corporate values that helped attract them to their employer is actually implemented.
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The Global Reporting Initiative (GRI) invites all interested stakeholders to participate in an essential first step toward the improvement and revision of the Sustainability Reporting Guidelines.
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AccountAbility, the leading professional body promoting accountability standards for sustainable
development, today releases its report, -Redefining Materiality: Practice and Public Policy for Effective Corporate Reporting’.
Redefining Materiality proposes a new approach to defining -materiality’ in corporate reporting. It is particularly relevant to the UK Government’s proposed amendments to Company Law. These amendments will require companies to disclose within an Operating and Financial Review (OFR) social and environmental performance relevant to members’ interests arising from stakeholder concerns and actions.
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Tighter laws in the US are making it easier to tap telephones and monitor people reading material that is critical of the US. These and other inroads into civil liberties have contributed to the US falling eight places to 25th position in this year’s Country Rating conducted by oekom research.
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Supreme Court dismissed an appeal Thursday by Nike in the Marc Kasky lawsuit. The lawsuit brought by the social activist alleges that the company’s public statements on its overseas labour practices violated a California false advertising law.
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An international study released today reveals that increasing numbers of non-governmental organisations (NGOs) are making strategic decisions to engage with business and governments in an effort to reform market systems – in sharp contrast to the confrontational posture that has characterised previous years.
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The development of the FRP reporting framework is a multi-stakeholder process for which Tellus and CERES serve as conveners and technical support. The framework is properly the product of this process, not of Tellus Institute or CERES. This spring, the FRP achieved an important project milestone in this multistakeholder process-convening the Project’s Steering Panel and holding the first Panel Meeting. The steering panel is the top tier of this multi-stakeholder process, and is the FRP’s primary consultative and advisory body.
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Sustainability-management for the long-term vitality of the business, through attention to its economic, environmental, and social performance; its governance; and its business ethics-is receiving a high level of attention from executives of multinational companies on both sides of the Atlantic, with those based in Europe and the U.S. emphasizing differing aspects of the concept to suit their objectives and culture.
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A new study explores how well companies understand the economic impacts of their activities on poor communities, and what actions businesses take to manage those to achieve the desired outcomes.
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Amnesty International UK, Christian Aid and Friends of the Earth are among a coalition of more than 40 charities, trade unions and church groups backing draft legislation put before Parliament today (19 June 2003), which seeks to firm up rules on companies’ ethical behaviour and end the current ‘pick-and-mix’ voluntary approach to corporate social responsibility.
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When 45 corporate social responsibility (CSR) thought leaders from around the world were asked how they think CSR will evolve in the future, the majority agreed that 5 – 10 years from now it will be increasingly integrated into business practices, if it not in the public consciousness. CSR management systems will be more standardized and routine within 10 years. Codes and standards will be established by then. CSR concepts will be easier to adopt.
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The positive impact that business can make by tackling social problems in partnership with Japan’s growing network of non-profit organizations (NPOs) is highlighted by a new report, published today.
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