Innovest Launches Global Compact Assessment Tool
Innovest Strategic Value Advisors announced today the release of its latest investment research tool – Global Compact Plus.
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Fortune magazine announced results of 2005 Accountability Rating
The results of the 2005 Accountability RatingÃ??, a corporate accountability rating of FORTUNE global 100Ã?? companies, were announced today by international think tank AccountAbility and consultancy csrnetwork. The rating, to be published in the 3 October international editions of FORTUNE magazine, scores companies on how seriously their future decisions will consider non-financial issues.
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CSR a Myth, Says Article in Stanford Social Innovation Review
Big companies are rewarded for maximizing profits, not necessarily social benefits. As a result, the corporate social responsibility movement — which assumes that companies can do well by doing good — is lulling the public into a false sense of security, warns Deborah Doane, author of the featured article in the Fall 2005 issue of Stanford Social Innovation Review.
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AIR FRANCE – KLM, only air transport group selected for the DOW JONES SUSTAINABILITY INDEXES
Since 19 September, Air France – KLM has joined the list of firms in the Dow Jones Sustainability Indexes, both on a worldwide (DJSI World) and European (DJSI STOXX) scale.
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OECD, partner governments commit to enhance value of Multinational Guidelines
Five years after the official launch of a revised version of the OECD’s Guidelines for Multinational Enterprises, 39 governments have reaffirmed their commitment to making them an even more useful instrument for promoting corporate social responsibility among multinational enterprises.
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ABN AMRO pledges greater scrutiny for emission of bonds
In a letter to the Brazilian NGO Amigos da Terra, the Dutch bank and financial services company ABN AMRO announced this week that it will begin to more closely examine the destination of bonds from public emissions in which it participates. The decision came as a result of the bank’s experience with Tractabel Energy, a Belgian company involved in the construction of the Cana Brava hydroelectric dam in central Brazil.
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AccountAbility Cooks Up a New Recipe with Stakeholder Engagement Standards
by William Baue
An exposure draft of new AA1000 Stakeholder Engagement Standards to be released next week may prove useful to the socially responsible investment community of shareholder activists.
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Dutch-Bangla Bank achieves Asian CSR Award 2005
The Dutch-Bangla Bank Limited (DBBL) has won the Asian Corporate Social Responsibility (CSR) Award-2005 for its outstanding programmes in the sector since its inception.
DBBL participated in the Asian CSR Awards programme and finally emerged runner-up in the category of poverty alleviation for its transport loan scheme.
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Geen wijzigingen FTSE4Good voor Nederlandse ondernemingen
Gisteren is de semi-annual review van de FTSE4Good index gepubliceerd. Deze review heeft geen wijzigingen opgeleverd voor Nederlandse ondernemingen. Tot de 42 nieuw toegevoegde ondernemingen behoorden geen Nederlandse evenals tot de 24 verwijderde ondernemingen.
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New report highlights private sector role in Millennium Development Goals
WBCSD member companies have a combined annual turnover of more than 5 trillion USD, and their products and services touch the lives of about 2.5 billion people every day. Imagine the possibilities if even a portion of this business energy is harnessed to transform the lives of the world’s poorest people.
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European firms see CSR an essential business
China’s rapidly changing economic and social environment is providing an opportunity for companies to work closely with the local community.
Engaging in a wide variety of initiatives, European companies and their local counterparts are contributing to China’s social and economic development and improving environmental conditions.
In fact, corporate social responsibility (CSR) has become an essential part of business for many leading EU companies in China and elsewhere.
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Corporate Social Responsibility and its Impact on Consumers
Corporate social responsibility has been a hot topic lately and with good reason. According to a recent study by the Natural Marketing Institute (NMI), almost 90% of the U.S. population state that it is important for companies to not just be profitable, but to be mindful of their impact on the environment and society. Although actual behaviors are, at times, different, the implications of this attitude on business operations are far-reaching. Just over 70% of consumers indicate that knowing a company is mindful of their impact on the environment and society makes them more likely to buy their products or services, and nearly 50% state it makes them more likely to buy their stock.
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