According to the fourth annual Corporate Social Responsibility (CSR) Monitor survey of over 21,000 consumers, shareholders and corporate employees in 21 countries, significant proportions of people in most countries are unable to name a socially responsible company.
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Rankings released by the World Economic Forum today reveal that Botswana is the leading country among 21 African economies in terms of quality of public institutions, an Index that consists of the perceived degree of corruption and the rule of contracts and law. Succeeding Botswana in the Public Institutions Index are Tunisia, Gambia and South Africa respectively.
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“Nike v. Kasky could undermine the ability to require accurate reporting”
Article by Adam M. Kanzer and Cynthia A. Williams.
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The second Round Table of the CSR Multi Stakeholder Forum on CSR knowledge was held on 2-3 June. Stakeholders expressed interest in continuing the forum beyond its current end date of summer 2004, agreed to improve communication and focus on follow-up action.
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World’s Biggest Banks React to Global NGO Pressure With -Equator Principles” Groups View Principles as Deeply Flawed, But Are Heartened by Movement by Big Banks.
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The June 2003 update from the Global Reporting Initiative (GRI).
* Structured Feedback Process Set to Begin in June
* G8 Reaffirms Importance of Corporate Responsibility
* Supplements Moving Forward
* New Interactive Feedback Forum Coming in June
* GRI in Print
* Still Time to Register for Joint ICGN-GRI Session
* First Government Agency Releases Report Based on GRI Guidelines
* GRI Reporters Win Awards
* Quotation of the Month
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CSR Network recently released Material World: The 2003 Benchmark Survey Report, a detailed research project evaluating global reporting among the 100 largest companies in the world, by revenue, as listed in the Fortune 500. The concept results from the simple proposition that global economic actors have global environmental and social impacts and should be encouraged to produce global, as opposed to national, environmental and social reports. For the first time this year the scope of the Survey has been expanded to include greater detail on global social and sustainability reporting as well as environmental reporting.
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Allen White of the Global Reporting Initiative argues that the Guidelines are misunderstood by some critics.
A scan of corporate responsibility publications in recent months reveals many references to the Global Reporting Initiative (GRI), the new Amsterdam-based institution whose mission is to make sustainability reporting as routine as financial reporting. This is welcome news for the hundreds of individuals worldwide from business, civil society, government, investors, labour and accountancy who worked for over two years to produce GRI’s 2002 Sustainability Reporting Guidelines.
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Companies are not normally shy when it comes to telling the world how well they are doing. So why are Britain’s biggest companies so coy when it comes to talking about their record on Corporate Social Responsibility (CSR)?
The first ever survey of how FTSE 100 and FTSE 250 companies are communicating CSR online shows that many companies have been slow to promote what they are doing in this increasingly important area.
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Corporations around the globe for the first time now face the prospect of uniform standards and expectations from religious groups, other concerned investors and advocacy groups on a comprehensive range of issues, including sweatshop labor, pollution control and access to affordable pharmaceuticals, including HIV/AIDS medications. Ten years in the making and released for the first time today, -Principles for Global Corporate Responsibility: Bench Marks for Measuring Business Performance” is the work of a diverse global coalition of religious organizations and advocacy groups.
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The SIGMA Project is a collaborative project that has been working to develop practical guidelines for organisations to help them make a meaningful contribution to sustainable development.
A new consultation version of the SIGMA guidelines has just been published on their website.
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Many charities have been slow to adopt socially responsible investment, but pressure is growing, reports Simon Birch.
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