450 Posts Found

At the recent World Economic Forum in Davos, one particular topic drew unusually strong support — the need for organizations across the board to contribute more to the war on global poverty and illness. Part of this push towards greater social advocacy is directed squarely at corporations, whose resources are seen as necessary to address such specific problems as the AIDS crisis in Africa and … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subject: Social Responsibility (ESG)

If management was a licensed profession on a par with law or medicine, there might be fewer opportunities for corporate bad guys.

Content: Article | Authors: Daniel Penrice, Nitin Nohria, Rakesh Khurana | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Management, Social Responsibility (ESG)

With one rare exception, to date there has been no empirical support for the proposition that this paper tests: Does a reputation for corporate social responsibility protect a firm from financial harm in times of “crisis?” We explore this question using data from the stock market reactions to the Fortune 500 firms following the failure of the 1999 World Trade Organization’s (WTO) ministers to set … [ Read more ]

Content: Article | Authors: Karen E. Schnietz, Ph.D., Marc Epstein, Ph.D. | Source: Graziadio Business Report | Subject: Social Responsibility (ESG)

he Global Environmental Management Initiative has released a new tool been designed to provide approaches that a company may consider as it addresses transparency-related challenges and opportunities.

“Transparency: A Path to Public Trust” consists of a six-step process designed to assist in the identification of transparency-related opportunities and risks, determining the business case for action, and engaging your organization in developing and implementing an effective transparency … [ Read more ]

Content: Article | Source: Global Environmental Management Initiative (GEMI) | Subjects: Management, Social Responsibility (ESG)

One of the toughest challenges that governments and companies face is encouraging economic growth in harmony with environmental and social goals rather than at their expense. This was the theme of a recent conference organized by Wharton and Turkey’s Sabanci University in partnership with the United Nations. This special report, which Knowledge@Wharton has prepared in collaboration with SRiMedia, covers several issues that came up at … [ Read more ]

Content: Article | Source: Knowledge@Wharton | Subjects: International, Social Responsibility (ESG)

This survey of more than 800 MBAs from 11 leading North American and European schools found a substantial number were willing to forgo some financial benefits to work for an organization with a better reputation for environmental and social responsibility and ethics. The research was by David B. Montgomery of Stanford and Catherine A. Ramus of UC Santa Barbara. In the study, reputation for ethics … [ Read more ]

Content: Article | Authors: Catherine A. Ramus, David B. Montgomery | Source: Stanford University | Subjects: MBA Related, Social Responsibility (ESG)

Boardrooms have replaced barricades as the new front line in the debate over globalisation. Companies, governments and nongovernmental organisations (NGOs) are engaged in ongoing discussions nowadays about the risks and opportunities of global business expansion. It seems a long way from the clashes marked by protestors shouting in the streets. Yet the new civility hasn’t yet cracked some vital questions: How will these groups now … [ Read more ]

Content: Article | Authors: James Allen, Jean-Pierre Felenbok, Martha Stack | Sources: Bain & Company, INSEAD Quarterly | Subjects: Management, Social Responsibility (ESG)

All business begins with the public permission and exists by public approval. . . . So we, like all other companies, live by public approval, and roughly speaking, the more approval you have the better you live. Of course, the fundamental way of getting [approval] is to deserve it.

Content: Quotation | Source: Across the Board (ATB) | Subjects: Public Relations, Social Responsibility (ESG)

Scial entrepreneur is a new term, much in the news these days. Social entrepreneurs are individuals who approach a social problem with entrepreneurial spirit and business acumen. Whereas business entrepreneurs create businesses, social entrepreneurs create change. But is social entrepreneurship actually something new? What, if anything, distinguishes the social entrepreneur from other workers?

Content: Article | Authors: Howard E. Gardner, Lynn Barendsen | Source: Leader to Leader | Subjects: Entrepreneurship, Social Responsibility (ESG)

IdealsWork helps consumers compare the social and environmental performance of thousands of product brands according to the user’s own individual values. Consumers get to select whatever values are important to them from various categories, such as the environment, women’s issues, minority issues, labor practices, animal rights, weapons, nuclear energy, and so on.

After selecting a set of values, the consumer can then see rankings of … [ Read more ]

Content: Online Resource | Source: IdealsWork Inc. | Subjects: Marketing / Sales, Social Responsibility (ESG)

Environmental, health, and safety management is one of the most pressing challenges facing corporations today. However, except for a handful of progressive companies, most organizations are not yet devoting to this critical area the full attention and resources it needs. The “wait-and-see” management posture prevalent among some corporations is not only ineffective but dangerous. It can quickly threaten a company’s competitive position – and even … [ Read more ]

Content: Article | Author: J. Ladd Greeno | Source: Prism (Arthur D. Little) | Subject: Social Responsibility (ESG)

While some NGOs and “green” businesses favor the carbon trade and view it as a win-win solution that reconciles environmental protection with economic prosperity, some environmentalists and grassroots organizations claim that it is no answer to environmental problems and that it does not address the causes of global warming.

Content: Article | Author: Carmelo Ruiz | Source: GreenBiz.com | Subject: Social Responsibility (ESG)

We should stop talking about ‘company and society’. We should talk about ‘company in society’. The market is always situated in social contexts; society should not be subordinated to the market. There are no alternatives to globalisation without companies – the point is, though, that not all models of companies are acceptable or viable in a globalised world.

Content: Quotation | Source: European Business Forum (EBF) | Subjects: International, Social Responsibility (ESG)

The U.S. Department of Energy collaborates with U.S. industry to implement energy-efficiency demonstration projects in operating plants. BestPractices participates in plant-wide assessments and the demonstration projects. Once an assessment or project is complete, BestPractices publishes a case study, which often shows that the project:
– Yields significant energy and cost savings
– Reduces energy consumption
– Improves productivity
– Reduces environmental impacts … [ Read more ]

Content: Online Resource | Source: U.S. Department of Energy | Subject: Social Responsibility (ESG)

A new report, “Fooling Investors and Fooling Themselves” identifies aggressive accounting and asset management tactics that can lead to environmental accounting fraud.

Content: Article | Author: Sanford Lewis | Source: GreenBiz.com | Subjects: Accounting, Social Responsibility (ESG)

Can companies still afford to be green?

Chief financial officers and their finance teams must make wise use of their companies’ time, money, and other resources in response to the growing needs of investors, employees, regulators, government agencies, and other stakeholders. With all that’s going on in the world, what is the role of environmental concerns within the corporation? Should that role be different, and if … [ Read more ]

Content: Article | Source: CFO Publishing | Subject: Social Responsibility (ESG)

What’s the value of an environmentally literate America?

According to Kevin J. Coyle, the answer is: about $75 billion a year. And that’s just the low-hanging fruit.

Content: Article | Author: Joel Makower | Source: GreenBiz.com | Subject: Social Responsibility (ESG)

In my previous book, I said that top management and employees are disconnected. That is still true-in fact, if you look at all the scandals, it’s because the disconnect became even larger in the last ten years. This book says that there’s a huge disconnect between all managers in multinational companies-not just senior managers-and 5 billion potential consumers. Because we don’t see poor people, we … [ Read more ]

Content: Quotation | Source: Across the Board (ATB) | Subjects: Miscellaneous, Social Responsibility (ESG)

Last week a new study furnished yet another strong argument for the “doing good is good business” crowd: corporate social responsibility may just help your human resources department snag up-and-coming MBAs without sending first-year salaries through the roof. Researchers found that a surprising number of recent business-school grads were willing to earn less to work for more socially conscious companies.

Content: Article | Authors: Catherine A. Ramus, David B. Montgomery | Source: GreenBiz.com | Subjects: MBA Related, Social Responsibility (ESG)

Three MBA programs emerge at the forefront of sustainable business education.

Content: Article | Source: GreenBiz.com | Subjects: MBA Related, Social Responsibility (ESG)