A new book, “Corporate Social Responsibility and Alcohol,” explores the potential impact of beverage alcohol industry partnerships and how they could contribute to a reduction in the negative health impacts of harmful drinking patterns. The book, commissioned by The International Center For Alcohol Policies outlines a new agenda for global public/private partnerships with the alcohol industry.
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On 8th June 2005, the European Economic and Social Committee adopted an opinion on “Information and Measurement Instruments for CSR” by 135 votes to 2 with 18 abstentions. The text gives an overview of developments in the field of CSR transparency and makes proposals to extending the use of CSR instruments and make the measurement of CSR more reliable and more transparent.
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What does a small cleaning company from Lyon paying for its employees to learn to read and write have in common with a small video production company from rural Wales that makes a point of recording and creating videos for its local community? And what, for that matter, do both these companies have in common with a group of Maltese hotels that are built to minimise their impact on the island†s environment and its natural resources? The answer is that they are all small businesses that are practising corporate social responsibility (or CSR). CSR is a concept whereby companies integrate social and environmental concerns in their business operations on a voluntary basis. The term itself tends to be associated with large companies, but some of the most innovative and inspiring examples of CSR are to be found amongst smaller businesses.
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New research from Ethical Investment Research Services (EIRIS) reveals that mobile phone companies differ noticeably in their approach to openness regarding health issues and associated risk.
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Ten of the twelve big pharma companies have now begun to position access to medicines in the developing world as an explicit part of their corporate social responsibility strategy, rather than as a philanthropic add-on ,according to the latest research from the Ethical Investment Research Service (EIRIS). Most have board level responsibility and offer some preferential pricing to poorer countries (nine of the twelve companies). All engage in research into developing world diseases and collaborate in partnerships with organisations such as the UNAIDS, UNICEF and the World Health Organisation, to improve healthcare globally.
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Companies can turn regulatory compliance and heightened corporate governance efforts into opportunities that create value for their businesses, according to a new report from the World Business Council for Sustainable Development (WBCSD).
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The results of a recent survey comparing corporate social responsibility in various areas of the world — Europe, North America, and Asia — have recently been published in The Journal of Corporate Citizenship, Spring 2005 issue. The 2004 survey results are showcased in a paper by Richard Welford, University of Hong Kong, China, titled “Corporate Social Responsibility in Europe, North America and Asia: 2004 Survey Results.”
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Global Reporting Initiative News Update – May 2005
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By building social issues into strategy, big business can recast the debate about its role, argues Ian Davis
THE great, long-running debate about business’s role in society is currently caught between two contrasting, and tired, ideological positions.
On one side of the current debate are those who argue that (to borrow Milton Friedman’s phrase) the “business of business is business”. This belief is most established in Anglo-Saxon economies. On this view, social issues are peripheral to the challenges of corporate management. The sole legitimate purpose of business is to create shareholder value.
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Shell is the world’s most ethical oil company, followed by ExxonMobil and BP, according to a study by the ethics management rating firm Management & Excellence (M&E) in Madrid. Despite the controversy over the misstatement of oil reserves and the reshuffle of executives at Shell, the company excelled in many of the 120 points examined in the M&E study.
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A vast majority — 93 per cent — of Canadian employees believe corporate social responsibility should be as important to companies as profits and shareholder value, a new survey has found.
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April 200 news update of the Global Reporting Initiative (GRI).
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