Value Driver Model Helps Companies Communicate Financial Impact of Sustainable Business Strategies

Underscoring efforts to advance the integration of material ESG issues into financial markets, the UN Global Compact in collaboration with the Principles for Responsible Investment (PRI) and Global Compact LEAD, has released a practical Value Driver Model. The new model helps companies to assess and communicate the financial impact of their sustainable business strategies and […] ... lees meer

How Unilever and Interface are tackling resource issues

The latest edition of The Journal Inside Track focuses on the concept of the circular economy, with expert commentary from business and other stakeholders.The features look at how it can be made to work in practice and its resource security and business benefits. Dan Rogerson MP describes how Defra is acting to support the shift […] ... lees meer

How overconsumption and intensive meat production wrecks the planet

Intensive meat and dairy production is having an increasingly devastating impact on society and the environment, according to a new ‘Meat Atlas’ published today by Friends of the Earth Europe and the Heinrich Boell Foundation. The way we produce and consume meat and dairy needs a radical rethink. Our industrialised production system is untenable, according to the […] ... lees meer

Culture not the key to corruption

Ground-breaking research led by Swinburne University of Technology academics has undermined the common assumption that cultural factors are to blame for business and government corruption in countries undergoing political and economic transformation. The study, coordinated by members of Swinburne’s Faculty of Business and Enterprise, surveyed 868 managers in the public and private sectors in Poland, […] ... lees meer

AutoDesk, Unilever and Eli Lilly earn top marks on new science-based carbon study

If a company claims that it plans to reduce its carbon footprint 15% by 2020, is that good? Better yet, is it enough? The purpose of this study was to analyze greenhouse gas (GHG) emissions of 100 companies against science-based targets that seek to limit climate change to 2o Celsius (3.6o Fahrenheit). As climate modeling has […] ... lees meer

Gap between awareness and action in sustainability

Companies have largely accepted the importance of addressing sustainability issues, yet a large gap persists in translating that awareness into action. So says a new global study—“Sustainability’s Next Frontier: Walking the Talk on the Sustainability Issues that Matter Most”—by MIT Sloan Management Review (MIT SMR) and The Boston Consulting Group.  The study, based on a survey of […] ... lees meer

Study: From CSR Manager to Shared Value Business Developer

Recently the members of Business & Society Belgium were given the scoop on the results of  a study on the changing role and competencies of the CSR manager. The scope of the study was: how the role of the CSR Manager has changed over the years, how it will evolve in the future and which new competencies […] ... lees meer

What is behind the leadership shift in sustainable development from politicians to CEOs?

Leadership in sustainable development has gradually shifted during the past decades, with forward-thinking CEOs of prominent multinational corporations increasingly taking over the role formerly played exclusively by national politicians. This paper discusses possible drivers for a growing divide in governmental and corporate leadership in sustainability. Special attention is given to the role of the sustainability […] ... lees meer

Multinationals Making Multi-Billion Dollar Profits at the Expense of Human Rights

The NGO Campaign, Facing Finance, presents their latest report, DIRTY PROFITS 2, to commemorate International Human Rights Day, (10.12.) in Berlin. This report demonstrates that human rights violations, corruption, exploitation, and environmental destruction remain ingrained in the business models of major multinational corporations. The robust, 124-page report presents the most serious violations of international norms and […] ... lees meer

Ethics and compliance training book responds to global need

The International Chamber of Commerce (ICC) has released a new Ethics and Compliance Training Handbook. This invaluable reference tool offers practical solutions for business to attack corruption at its source. The global business community, as represented by the B20, has identified the need to develop training materials and provide concrete practical training on anti-corruption compliance. […] ... lees meer

GRI is the global standard as sustainability reporting goes mainstream, says KPMG survey

Almost 80 percent of the largest 100 companies in 41 countries worldwide issuing corporate responsibility (CR) reports now use the Global Reporting Initiative’s Sustainability Reporting Guidelines, according to a new survey by KPMG. The KPMG International Survey of Corporate Responsibility Reporting 2013, released today, found that sustainability reporting is truly mainstream, with almost three quarters […] ... lees meer

IIRC releases framework for integrated reporting

The release of the International Integrated Reporting (<IR>) Framework on Monday 9 December 2013, marks an important milestone in the market-led evolution of corporate reporting.  It follows a three-month global consultation led by the International Integrated Reporting Council (IIRC) earlier this year, which elicited over 350 responses from every region in the world, the overwhelming majority […] ... lees meer