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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Closing statement by Agnes van Ardenne-van der Hoeven, Minister for Development Cooperation.
CEO Breakfast with Stuart Hart on “Base of the Pyramid”, 14 April 2005, ABN AMRO Headquarters Amsterdam.
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Business Ethics Magazine has released its annual survey of the “100 Best Corporate Citizens” in the Spring 2005 issue published today. The closely-watched survey has gained national recognition as an indicator of best practices in the area of corporate social responsibility. Many of the companies will be recognized at a New York event, the Business Ethics Summit, to be held on April 21, 2005.
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“Dynamic!” That was how the Brazil-Sweden leadership team of the ISO Working Group on Social Responsibility (WG SR) described its first meeting to launch the development of the future ISO 26000 standard giving SR guidelines, for publication in 2008.
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Corporate social responsibility (CSR) is nothing if not a mouthful. But the jargon disguises a very simple idea: that rather than being narrowly focused on the pursuit of profit at the expense of all else, businesses should behave responsibly in the course of their profit-making, taking into account their wider role and impact on society.
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The Business and Institutional Furniture Manufacturers Association (BIFMA) International has created a set of guidelines to serve as a roadmap for any office furniture manufacturer or supplier desiring to become a more sustainable company. The Sustainability Guidelines are intended to be used as an “add-on” to a company’s existing environmental management system.
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‘Voluntary’ should remain the name of the game in the approach of the EU and member state governments to corporate social responsibility, say business representatives at an event marking the ten-year anniversary of the CSR concept.
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