Zimbabwe’s First Lady, Grace Mugabe, owns dairy farms that supply up to a million litres of milk a year to food giant Nestlé, according to London’s Sunday Telegraph.
The newspaper reports that Mugabe took over six of the country’s most valuable commercial farms around 2002.
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A new paper from SDialogue outlines the power of social media in effectively communicating with and engaging stakeholders at a time when they are demanding more authenticity and transparency from business.
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The economic recession has not put an end to corporate citizenship. Based on current economic conditions, 15 percent of companies are increasing their research and development for new sustainable products; 11 percent are increasing corporate citizenship marketing and communications; and 10 percent are increasing local and/or domestic sourcing or manufacturing, according to a new study from the Hitachi Foundation and the Boston College Center for Corporate Citizenship.
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A new report by Arthur D. Little urges businesses across all sectors to consider the cost of carbon when planning for long-term growth, or risk losing out to sustainability-savvy competitors and new emerging market players. In “Ensuring survival: Business models in a low carbon world,” the consultancy’s Energy and Sustainability practices argue that in 2009, the carbon agenda will leave no business untouched, through multiple direct and indirect routes – from brand recognition, to the cost-base, to investors’ perceptions of value.
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When David Roberts was growing up near the oilfields of West Texas in the early 1960s, it never got dark. Back then, oilfields were lit 24/7 by the gas flares used to burn off natural gas, a byproduct of oil drilling. The flares released massive amounts of CO2, and over time, oil companies halted that harmful practice in the U.S. But gas flares remain the norm in the developing world-and today Roberts oversees a team at Marathon Oil that’s trying to end the practice. In 2007, Marathon opened a $1.5 billion liquid-natural-gas plant in Equatorial Guinea to capture the natural gas that once went up in smoke. The plant is one factor that helped Marathon, No. 100 in NEWSWEEK’s Green Rankings, cut its CO2 emissions by 40 percent between 2004 and 2008-and the plant earns a profit.
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Allianz, Consolidated Edison, EMC, Reckitt Benckiser, Siemens along with BASF, Boeing and Cisco Systems were among the global corporations leading efforts to tackle climate change, according to this year’s Carbon Disclosure Project (CDP) Global 500* Report. The results were launched today in New York at an event hosted by Bank of America Merrill Lynch, one of CDP’s global sponsors.
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AIR FRANCE KLM has been confirmed as air transport sustainability “Sector Leader”
for 2009 and will keep its place in both the Dow Jones DJSI World and DJSI STOXX Sustainability indexes.
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So, what’s in a name? There seems to be an endless battle over whether sustainability is merely a component of (corporate) social responsibility or whether social responsibility is simply one of the so-called bottom lines in sustainability’s triple bottom line (TBL).
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Sustainable procurement is considered “important” or “critical” by 90 per cent of buyers, according to a survey published yesterday.
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Despite countless indicators that today’s “battered consumer” is seeking deep discounts and shopping for necessities only, consumer demand for environmentally friendly products is on the rise, according to National Geographic and Globescan’s 2009 Greendex survey of consumers in 17 countries.
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Consumer perception of corporate responsibility is uncorrelated with measured rankings like the CRO 100, according to a US survey conducted by PSB in conjunction with Burson-Marsteller and Landor.
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Report by the Ethical Corporation Institute finds examples of success among industry initiatives that address CSR, but others that have yet to meet the expectations of stakeholders.
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