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FROM THE EDITOR

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

1 month 6 days ago

(3BL Media/Justmeans) – Companies and non-governmental organizations (NGOs) traditionally play divergent roles in an economy. While the primary goal of companies is to maximize shareholder wealth, NGOs are driven by the goals of social benefit. But over the last two decades, companies and NGOs have been able to find increasingly common ground as social benefit becomes integral to a sustainable business strategy.


1 month 1 week ago

(3BL Media/Justmeans) - One of the most vulnerable industries when it comes to the issue of water scarcity is the food industry. Ceres has released a new report in which it urges major food companies to take steps to limit their use of fresh water resources, make their use more efficient, and reduce climate change impacts, which affect directly food production.


1 month 1 week ago

(3BL Media/Justmeans) – The United Nations Global Compact is a UN initiative to encourage businesses worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. The initiative supports companies to align their strategies and operations with its Ten Principles on human rights, labor, environment and anti-corruption; and helps them take strategic actions to advance broader societal goals, with an emphasis on collaboration and innovation.


1 month 1 week ago

(3BL Media/Justmeans) – Indo Jax Surf Charities empowers disadvantaged, medically fragile and special needs children by exposing them to the profound healing properties of the ocean and surfing. While Thirst Project, the world's largest youth water activism organisation, builds freshwater wells in developing communities to give people access to fresh water. More than 663 million people globally do not have safe, clean water available to them.


1 month 1 week ago

(3BL Media/Justmeans) - ​Images of animals left behind on a chain as waters rose were some of the most harrowing footage to come out of the devastating drama​ created by Hurricane Harvey in Houston. Besides neglect, animals experience stress, get injured or fall ill​ in this sort of natural disaster, with a long-lasting legacy.​


1 month 1 week ago

(3BL/JustMeans) - Can a global resort chain practice sustainability? Las Vegas Sands' (LVS) ECO360 sustainability strategy proves that the answer can be a resounding, “yes.”


1 month 1 week ago

Interview with John DeRose, Ernst & Young

“Is your nonfinancial performance revealing the true value of your business to investors?”


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