High performing businesses show a strong correlation between CSR (corporate social responsibility) activities and stronger performance in terms of productivity and profitability than other businesses, according to new analysis conducted by The Work Foundation and The Virtuous Circle. The report, >>> read more
Three scoop awards for European sustainability reporting excellence
Source: ACCA, 5 April 2004Three European firms today beat 26 other national Award winning organisations from 15 European countries when they received awards for excelling at reporting on the social and environmental impacts of their activities. Awards winners in the eighth year of the >>> read more
US not interested in CR and SRI says new report
Source: Echo Research, 2 April 2004U.S. businesses are lagging behind their counterparts in Europe, Australia and South Africa in taking seriously their corporate social responsibility or CSR, according to a new study released today by Echo Research, the global specialists in reputation audit and analysis. >>> read more
Non-financial reporting is set to grow in importance
Source: Financial Times, 1 April 2004From Mr Paul Hohnen. Sir, Readers over the past few days will be rightly perplexed about the significance of non-financial data to assessments of a company’s performance. On the one hand, it is contended by one US academic that "non-financial >>> read more
Call for sustainability reports for benchmarking
Source: Sustainability, 1 April 2004SustainAbility, in partnership with the United Nations Environment Programme and Standard & Poor’s, are calling for companies and organisations producing sustainability reports/websites to submit their latest report/website for the next Global Reporters international benchmark survey. Only sustainability reports and/or websites >>> read more
New WBCSD guide encourages doing business with the poor
Source: WBCSD, 30 March 2004The WBCSD released "Doing business with the poor: A field guide". Dhtis guide explores how several companies are starting to break into an untapped market of over four billion potential customers in ways that benefit both the poor and the >>> read more
Business Group Links Social and Environmental Performance with Shareowner Value
Source: Institutionalshareowner.Com, 29 March 2004A recent Global Environmental Management Initiative report adds to the growing body of evidence correlating social and environmental performance with shareowner value. According to Cap Gemini Ernst & Young researchers Jonathan Low and Pamela Cohen Kalafut, somewhere between 50 and >>> read more
Social Investors Urge World Bank to Adopt Extractive Industries Review Proposals
Source: SocialFunds.Com, 26 March 2004The World Bank Group (WBG), whose mission is to alleviate poverty in the developing world, exerts influence not only through its own investments and actions, but also as an exemplar. A coalition of US- and Canada-based socially responsible investment (SRI) >>> read more
March 2004 Update of GRI
Source: Global Reporting Initiative, 23 March 2004The March 2004 Update of the Global Reporting Initiative (GRI). Attention software developers: GRI issues RFP There is wide recognition that software-based reporting tools could offer an important ‘win/win’ contribution to sustainability reporting. Such tools have significant potential to facilitate >>> read more
Philips launches second annual sustainability report and asks for involvement of its 50,000 suppliers
Source: Philips, 22 March 2004Royal Philips Electronics (NYSE: PHG, AEX: PHI) today released the companys second annual Sustainability Report. The Report shows the progress made against goals established in the 2002 version. An important step was the extension of the sustainability principles to Philips >>> read more
Companies that Count: results of the UK Corporate Responsibility Index published
Source: Business in the Community, 15 March 2004The results of the second Corporate Responsibility Index were published today (Sunday, March 14th 2004) in The Sunday Times ‘Companies that Count’ supplement. Participation in the Index is up by 14% on the previous year, with 139 companies now using >>> read more
ANEC Position Paper Standardisation and Corporate Social Responsibility
Source: ANEC, 10 March 2004This position paper outlines the requirements and recommendations as identified by ANEC with respect to the desirability and feasibility of standards on Corporate Social Responsibility (CSR). Both at national and international level, initiatives exist related to CSR and standardisation. In >>> read more