IFC Adopts New Environmental and Social Standards

The Board of Directors of the International Finance Corporation adopted last week new environmental and social standards for the organization. The new standards build upon the environmental and social requirements that IFC currently applies to private sector projects it finances in the developing world. A new policy on disclosure, adopted at the same time, will increase transparency requirements. ... lees meer

Succesfull Sneak Peak of GRI 3 guidelines in Amsterdam

Some 30 experts (DHV was one of them) in the field of sustainability reporting and CSR spent a full day in January listening and sharing. In the opening panel George Molenkamp described the upward trend in reporting as found by his teams’ latest research, which was complimented by Johan Verburg’s observations that reporting is becoming less of a compliance exercise and more of a change driver. ... lees meer

Industry-wide acceptance for improved Utz Kapeh Code of Conduct 2006

Utz Kapeh, the worldwide certification program for responsible coffee, today aunched their improved Code of Conduct. The program is now more accessible for small-scale producer group certification and includes coffee specific food safety issues. Lucas Simons, adjunct director of Utz Kapeh: “Involving all stakeholders and including important food safety issues required by laws resulted in the Utz Kapeh program being the most relevant and up-to-date certification program for responsible coffee production and sourcing. Our improved Code 2006 is essential in achieving our mission: setting the world standard for responsible production and sourcing.” ... lees meer

How to Determine the Top 100 Sustainable Companies in the World

By by Bill Baue, Institutionalshareowner.com The ” Big Debate,” an interactive dialogue amongst 600 attendees of this week’s World Economic Forum (WEF) meeting in Davos, Switzerland on questions like the economic emergence of China and India, identified sustainability as the key issue requiring creative responses. One such response came today from Corporate Knights, a Canadian magazine on corporate social responsibility (CSR), and Innovest Strategic Value Advisors, a socially responsible investing (SRI) research firm, who announced the Global 100 Most Sustainable Companies in Davos. ... lees meer

Unilever, Dhaka Bank win StanChart-FE CSR Award

Unilever Bangladesh Ltd and Dhaka Bank Ltd won the Standard Chartered-Financial Express Corporate Social Responsibility (CSR) Award 2005 for their significant contributions to manufacturing and service sectors respectively. President Iajuddin Ahmed formally handed over the CSR Award to the top executives of the two companies — Sanjiv Mehta of Unilever and Shahed Noman of Dhaka Bank — Wednesday in the city. ... lees meer

Brands shoulder more responsibility

Hermetic silos are out. Branding, like everything else, is getting all-pervasive, all-embracing. Corporate social responsibility (CSR) advertising is stretching out its arms wider these days, in a bid to shore up brand market shares, gild images and forge empathetic consumer relationships in a feverishly competitive marketplace. Know that when Hindustan Lever’s power brand, Surf Excel, shows you how you save water by using its detergent, it’s the epitome of CSR advertising. Unlike public service advertising, which bats mainly on altruism and social do-goods, CSR ads must align business and social goals. Akin to advocacy advertising, CSR not only promotes a common good, but also focuses on protecting the company’s (read brand’s) market. ... lees meer

GRI releases Draft of G3 Sustainability Reporting Guidelines

The draft G3 Guidelines and protocols are available for a three-month public comment period between 2 January and 31 March 31 March 2006. The draft is the result of nearly a year’s worth of research, development, and consensus-seeking by multi-stakeholder technical working groups, each assigned to focus on different parts of the Guidelines. ... lees meer