A study tying high corporate environmental standards with greater market value adds to the growing body of evidence that poor environmental performance does not pay.
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The United Nations Environment ProgrammeÃ??s Division of Technology, Industry and Environment and the Eco-Efficiency and Sustainable Enterprise Group at the Wuppertal Institute in Germany have jointly developed the Efficient Entrepreneur Calendar for small and medium-sized enterprises (SMEs). In combination with an
additional booklet, the Calendar provides assistance and guidance on how to measure and improve business performance and stakeholder relations in seven areas. On the basis of “You canÃ??t manage what you canÃ??t measure”, it introduces performance measures that are easy to assess and evaluate. The Calendar charts a “month-by-month” programme that ends with a simple Efficient Entrepreneur report which can be put in a global internet database.
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Oil and mining companies, NGO’s and the U.S. and U.K. Governments have jointly developed voluntary guidelines to reduce the risk human rights abuses when extractive industries operate abroad.
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WASHINGTON, January 2, 2001 – Looking to create a system where all regulatory costs and benefits are treated on a consistent basis, the US Environmental Protection Agency has released its most far-reaching internal guidance on the economic impacts of environmental regulations and policies. Called, Guidelines for Preparing Economic Analyses, this framework will help federal policy makers who are required to develop environmental and health standards at the lowest cost.
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To help companies sort through the complex and growing number of
standards, guidelines, and codes designed to guide corporate
practices on issues ranging from human rights to the environment,
BSR has just published “A Comparison of Selected Corporate Social
Responsibility-Related Standards.”
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An update from GRI, the Global Reporting Initiative, guidelines for sustainability reporting. Subjects:
* Priorities for GRI Identified at Washington Symposium
* Investors Urge CEOs to Publish Sustainability Reports
* More Companies Following Sustainability Reporting Guidelines
* Recent GRI Presentations
* Guidelines Available in Multiple Languages
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Pressure is building on business, not least the financial sector, to respond to the various challenges posed by the increasing growth of interest in environmental issues. A consortium of banks and insurers (the FORGE group) have been working together with the support of the DTI and DETR, to produce guidance on environmental management and reporting for the financial services sector. The BBA, and the ABI, have also been involved, and environmental consultants from PricewaterhouseCoopers are advising the Group
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Letter to corporate heads urges adoption of standardized sustainability reporting measures for Year 2000.
A group of 39 leading financial investors, managing combined assets in excess of $140 billion, sent a letter to CEO’s of the 500 largest U.S. companies urging them to begin using sustainability reporting guidelines this year. The letter was timed with the opening of the Global Reporting Initiative’s 2nd International Symposium, which was held from November 13-15 at George Washington University in Washington, D.C.
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Social reporting isn’t yet doing it’s job and holding big companies to account. That’s the view of a radical critique by NEF (The New Economics Foundation), which calls for a new audit radicalisation.
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Report spotlights the top fifty corporate sustainability reports worldwide.
The Global Reporters, SustainAbility’s latest research, benchmarks the top 50 corporate sustainability reports from around the world. Given recent anti-globalization protests and the increasing spotlight on corporate responsibility, such reporting will be crucial to public acceptance and corporate profitability.
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For the first time ever, social investors have access to social and environmental profiles of more than 1,000 U.S. and foreign, publicly traded companies.
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By CANDICE CHOI
Ã??2000 DiversityInc.com
Nov. 2, 2000
As emerging players in the consumer market, minorities have become open prey for tobacco and alcohol companies looking to expand into previously untapped markets.
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