Corporate Responsibility & CSR
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Corporate Responsibility & CSR
News, Tips & Updates about Corporate Social Responsibility Issues
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How Corporate Governance and Powerful CEOs Can Affect Environmental Performance | ETICAMBIENTE® Sustainability Management and Communications Consulting

How Corporate Governance and Powerful CEOs Can Affect Environmental Performance | ETICAMBIENTE® Sustainability Management and Communications Consulting | Corporate Responsibility & CSR | Scoop.it
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Arielle Smith's curator insight, February 9, 12:52 AM
Although this article is an older read the concepts are still extremely relevant in today’s business world, as well as some of the discussion points in lecture. Businesses essentially are editing their brand when they make impactful CSR movements these days, whether it be based on ethics of principle or ethics for consequence.

 CSR is the biggest movement of the new age and ever growing industry that businesses can’t afford not to consider or take part in. The old saying that if you stop moving forward you fall behind, and companies that don’t focus at least some section of their company on CSR, whether they’re trying to be environmentally or socially impactful is falling behind in the long term. 

 As discussed in the article these business plans are important to their shareholders and their current and potential clients and business partners. They’ve often become a part of the company’s corporate goals and their mission statements, accessing a lot of big companies and organization websites it’s often easier to find their CSR goals that actual information on how to contact them. In fact, even at the bottom of this article there’s a banner that leads you to more information on how to find the companies environmental and social impacts, and this is a company that offers advice to companies on how to create a long term plan for CSR. 

While companies may still be convinced they can skip the philanthropy and save a couple of bucks, they’re losing out on the potential they could be buying into. This is a new aspect of corporate governance that just didn’t exist 50 years ago and starts right at the top of the corporate ladder. When looking at the importance of environment impact research showed that CEOs or chief executives who were on their board of directors took a greater interest in how CSR was handled within the company. Could this be because they could see first hand how positively it effects the company and their shareholders? CSR certainly doesn’t optimize net profits because of it’s costs but by merging the Board of Directors and the CEO, they’re often able to get an overall view of the impacts it would have to the company as see that the financial loss is over for the great good.
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Environmental Compliance & Sustainability Standards | ETICAMBIENTE® Sustainability Management & Communications Consulting

Environmental Compliance & Sustainability Standards | ETICAMBIENTE® Sustainability Management & Communications Consulting | Corporate Responsibility & CSR | Scoop.it
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Should Multinational Corporations be Agents of Global Justice?

Should Multinational Corporations be Agents of Global Justice? | Corporate Responsibility & CSR | Scoop.it
Should corporations become agents of justice to help mitigate poverty and inequality? It is one of the main current issue and discussion around the concept and dimension of CSR.
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2012 'Rockstars of the New Economy' Named, Including Better World Books, Revolution Foods, Sungevity, Sustainable Harvest, Lumni USA and Warby Parker – Press Releases on CSRwire.com

2012 'Rockstars of the New Economy' Named,  Including Better World Books, Revolution Foods, Sungevity, Sustainable Harvest, Lumni USA and Warby Parker – Press Releases on CSRwire.com | Corporate Responsibility & CSR | Scoop.it
Press Releases get your corporate social responsibility news and information out to journalists, investors, and industry professionals utilizing CSRwire’s targeted reach.
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Goldman's Dilemma is Another Name for Sustainability - BusinessWeek

Goldman's Dilemma is Another Name for Sustainability - BusinessWeek | Corporate Responsibility & CSR | Scoop.it
Telegraph.co.ukGoldman's Dilemma is Another Name for SustainabilityBusinessWeekThat's because much of sustainability, or responsibility, or whatever companies choose to call it, essentially boils down to corporate governance.
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BASF Sets High Standards for CSR Reporting in Germany - Justmeans

BASF Sets High Standards for CSR Reporting in Germany - Justmeans | Corporate Responsibility & CSR | Scoop.it
BASF Sets High Standards for CSR Reporting in GermanyJustmeansBASF Corporation, one of Europe's leading CSR lights, recently published their latest integrated annual report.
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Green Supply Chain: Coca-Cola’s Water Management Four Best Practices

Green Supply Chain: Coca-Cola’s Water Management Four Best Practices | Corporate Responsibility & CSR | Scoop.it
Coca-Cola’s recently published Water Stewardship Replenish Report soberly notes that two-thirds of the world’s population lives in severe water stress areas with one billion people lacking access to safe drinking water.
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Tim Mohin's Top 10 CSR Trends for 2012 | Green Conduct

... and author of the forthcoming book Changing Business From the Inside Out: The Treehugger's Guide to Working in Corporations, here are the top 10 CSR trends to watch for in the world of corporate social responsibility (CSR).
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Corporate Social Responsibility in Banks; What does it mean?

This is indeed one of the most frequently asked questions for all those dealing with CSR matters.
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10 Trends in Corporate Disclosure - Triple Pundit

10 Trends in Corporate Disclosure - Triple Pundit | Corporate Responsibility & CSR | Scoop.it
Triple Pundit10 Trends in Corporate DisclosureTriple PunditAccording to Corporate Register, the number of companies that issue corporate social responsibility (CSR) reports has climbed spectacularly since the middle 1990s.
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Managing regulatory impacts priority for CSR practitioners | The ...

Managing regulatory impacts priority for CSR practitioners | The ... | Corporate Responsibility & CSR | Scoop.it
Out of a list of 13 possible drivers of CSR practices, innovation ranked ninth, well behind drivers such as strengthening brand, meeting community expectations, commitments to international standards/ frameworks, risk ...
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CSR Africa - SEMAFO Leads in Corporate Social Responsibility and Becomes a Signatory of the United Nations Global Compact

CSR Africa - SEMAFO Leads in Corporate Social Responsibility and Becomes a Signatory of the United Nations Global Compact | Corporate Responsibility & CSR | Scoop.it
SEMAFO Leads in Corporate Social Responsibility and Becomes a Signatory of the United Nations Global Compact (@SEMAFO: SEMAFO Leads in Corporate Social Responsibility and Becomes a Signatory of the United Nations Global Compact
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The Future of Corporate Social Responsibility (CSR) - Forbes

The Future of Corporate Social Responsibility (CSR) - Forbes | Corporate Responsibility & CSR | Scoop.it
Recently I interviewed Stephen Jordan, founder and executive director of the Business Civic Leadership Center (BCLC), the corporate citizenship affiliate of the U.S. Chamber of Commerce.
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7 Ways to Capitalize on Sustainability Opportunities | ETICAMBIENTE® Sustainability Management & Communications Consulting

7 Ways to Capitalize on Sustainability Opportunities | ETICAMBIENTE® Sustainability Management & Communications Consulting | Corporate Responsibility & CSR | Scoop.it
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Environmentally & Socially Responsible Market Leaders | ETICAMBIENTE® Sustainability Management & Communications Consulting

Environmentally & Socially Responsible Market Leaders | ETICAMBIENTE® Sustainability Management & Communications Consulting | Corporate Responsibility & CSR | Scoop.it
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A Tale of Two Friedmans: CSR and Risk

A Tale of Two Friedmans: CSR and Risk | Corporate Responsibility & CSR | Scoop.it
Things have changed in 40 years and it makes little sense in 2012 to grumble about Milton Friedman’s treatise any longer.
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Arielle Smith's curator insight, February 9, 1:24 AM
Milton Friedman has the largest driving voice that CSR is using the means of a company’s profit in a negative way. While he argued that the corporations only have responsibilities towards their shareholders, his son Thomas has other ideas and is an opposing force towards the opinion that was so widely known in 1970. Thomas believes that companies need to keep driving forward to meet their sustainable goals, and essentially that corporations have an obligation towards the globe economically, socially, and environmentally. More or less the bigger picture.

 It's slightly ironic that as an economist he views the corporations on such a short term when economists have to look at the effect of things long term. CSR has grown into an industry that has created jobs, expanded already existing environmental industries and given a new aspect to the world of business. Something that Milton probably never anticipated. If Nike could go back and ensure that only workers of age were hired, and that they were in safe work conditions, they 100% would go back in time and avoid that scandal that took place because of their negligence. As well as the other cases that are mentioned in the article, if companies knew of their environmental impact or that some of the products they were using are unsafe they would take precautions to make sure that these efforts can’t affect their company.

 It’s even become an important aspect for shareholders, companies with CSR goals are often branded better, and essentially the initial loss that they see because of money being redirected towards environment or sustainability effort the long term goal is worth it.

 CEOs that still agree with Milton Friedman are stuck in the 1970s, which could be a costly choice if they don’t get with the new age business plan. Key takeaways from this article support the fact that sustainability is a necessary means, both financially and environmentally. Forestry companies that act on the impact they’re making by taking natural resources, even though they don’t fully replenish what has been depleted are viewed ideologically in investors minds because of the brand image they created. 40 years ago people weren’t even concerned about the depletion of our countries natural resources, and there definitely wasn’t as rigorous controls on carbon emissions as there is now. 

If Milton was alive today he would be able to see how corporate governance has changed, and could agree with Thomas that the opportunity is greater than the corporations moral obligations to their shareholders.
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Deutsche Bank - CSR Report 2011

Building social capital – Corporate Social Responsibility Report 2011 (Building Social Capital – CSR report 2011: Deutsche Bank and partners donated 3.3m Euros to disaster victims worldwide http://t.co/27qPS2jz...)...
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How Sustainability Risks and Opportunities Affects Corporate Decisions | CSR News - Justmeans

How Sustainability Risks and Opportunities Affects Corporate Decisions | CSR News - Justmeans | Corporate Responsibility & CSR | Scoop.it
RT @MarieatTEM: RT @OneSustain New report: How #Sustainability Risks And Opportunities Affects #Corporate Decisions http://t.co/cKlygL3m #CSR #SocEnt...
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Among Global Corporate Executives, Wide Range of Views on Social Responsibility | Business Ethics

Among Global Corporate Executives, Wide Range of Views on Social Responsibility | Business Ethics | Corporate Responsibility & CSR | Scoop.it
by Margaret Weigel, Journalist's Resource The concept of corporate social responsibility (CSR) — the idea that companies directly contribute to the common good — is gaining adherents throughout the business world.  ...
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Costs of natural catastrophes and the CSR imperative: a reflection on trends - CSR Asia

Costs of natural catastrophes and the CSR imperative: a reflection on trends - CSR Asia | Corporate Responsibility & CSR | Scoop.it
CSR AsiaCosts of natural catastrophes and the CSR imperative: a reflection on trendsCSR Asiaby Holly Lindsay holly.lindsay@csr-asia.com Following on from the horror of the 2011 Japanese tsunami and Thai floods, the CSR community has a sense that...
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CSR Europe's 'Enterprise 2020' Collaborative Project “The Business ...

CSR Europe's 'Enterprise 2020' collaborative project “The Business Contribution to Active Ageing”, including company leaders GDF Suez and Intel and partnered with AGE Platform Europe, was officially kicked-off on ...
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Corporate Social Responsibility and You

In the US, corporations are natural persons. Like all persons, corporations should seek to treat each other (and other stakeholders) with respect. This respect is often called corporate social responsibility (CSR).
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Dow Chemical: Extracting Business Value out of Sustainability

Dow Chemical: Extracting Business Value out of Sustainability | Corporate Responsibility & CSR | Scoop.it
'Dow Chemical: Extracting Business Value out of Sustainability' blog post by Aman Singh.
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Guest Post: Why Social Change is Good for Business | 3BL Media

Guest Post: Why Social Change is Good for Business | 3BL Media | Corporate Responsibility & CSR | Scoop.it
“We talk about the penetration of new markets that are profitable, we talk about saving money through energy efficiency and conserving resources, we talk about the markets for new products and services that can help solve social problems for...
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Why good companies do bad things?

Why good companies do bad things? | Corporate Responsibility & CSR | Scoop.it
Simon Hodgson argues that conflating morality and the responsibilities of business isn't always helpful (Why do good companies do bad things?
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