What Happens When Big Business Media Reports on CSR

The WSJ has published a downbeat assessment of CSR. The article cited a study showing that CEOs exiting Fortune 500 companies were 84% more likely to be fired if they invested strongly in good corporate citizenry yet recorded below par financial results than CEOs at poor performing companies that spent less on “do-good” initiatives. This decidedly defensive claim was offset by an upbeat article in the Financial Times. It notes that a survey of 500 pension funds, foundations, endowments, and sovereign wealth funds found that two-thirds of big investors believe sustainable investing will grow in significance by 2022. Further, studies show a “remarkable correlation” between responsible investing and outperforming results. Who to believe? The wise CSR/sustainability professional will collate carefully from such “mainstream” sources to ensure an accurate reading of the pluses and minuses of CSR—and stay tuned to this space, which curates the CSR news.

John Howell, Editorial Director

ReportAlert: Marine Stewardship Council releases 20th Annual Report.

News & Blogs

2 weeks 3 days ago

(3BL Media/Justmeans) - Transitioning to clean energy is one of the most efficient ways for companies to mitigate their environmental impact, as it prevents GHG emissions as well as providing a long-term solution for energy needs.

2 weeks 4 days ago

(3BL Media/Justmeans) –Around the world today there are approximately 98 million girls who are not in school. While, again globally, one in three women will experience gender-based violence in her lifetime and in the developing world, one in seven girls are married before their 15th birthday, with some child brides as young as eight or nine.

2 weeks 5 days ago

A company’s stakeholders — customers, employees, investors and regulators — increasingly recognize the key role of business in driving global sustainability. For a business to compete and be successful in the long run, it is now crucial that the decision-making at every level within the company must take account of its corporate social responsibility.

3 weeks 1 day ago

Guest Blog by Dr Peter Harrop, Chairman, IDTechEx

All the publicity currently goes to the race to make regular and premium cars have longer range. This is because most people want only one car so it must be capable of the long distance trip however rare. That must be achieved despite the inadequacy of charging points in number, speed and compatibility of interface and payment means.

The incremental approach

3 weeks 1 day ago

(3BL Media/Justmeans) - Kohler – which is known in the U.S. for its kitchen and bath plumbing products but also operates a diversified global portfolio – has released its first public sustainability and stewardship report. The report highlights the company’s efforts to achieve its Net Zero goal set for 2035.

3 weeks 2 days ago

(3BL Media/Justmeans) Water is precious in Las Vegas. Located within the Mojave Desert, it’s a city whose outskirts contain desert vegetation and dry mountain ranges. It gets only 4.17 inches of rain a year, with an average 21 days of rainfall.

3 weeks 3 days ago

(3BL Media/Justmeans) –In recent years, cholera has afflicted at least 770,000 Haitians, claiming over 9,200 lives. The Haitian epidemic alone resulted in an 85 percent increase in the number of cholera cases worldwide.