Corporate Social Responsibility CSR News

General Motors 2016 Sustainability Report: Progress in Pictures

Blog

General Motors just launched its 2016 sustainability report. Scroll through the photo gallery to learn about GM's sustainability approach, aspirations and progress. The complete report can be found at gmsustainability.com.

Weatherford's Sustainable Performance

Article

Weatherford is focused on implementing world-class, reliable, durable, efficient, safe, and environmentally responsible practices, products, and services. This is led through our Operational Excellence and Performance System (OEPS) which integrates our management of quality, health, safety, security, and the environment (QHSSE) through global standards, procedures, and protocols. All business risk assessments are inclusive of QHSSE, and protection of the environment is given a high priority in all product creation and service activities.

Weatherford Holds Suppliers to High Standards

Weatherford Supply Chain Management
Article

Weatherford has built its reputation as an organization that requires ethical business practices and high levels of integrity in all of our business transactions.

Central to our corporate sustainability journey, Weatherford has created efficient, healthy, resilient, and transparent supply chains where we aim to work only with suppliers that share our values and commitment to ethical business practices.

Weatherford's Business Transparency and Ethics

Article

We hold ourselves to the highest standards and emphasize the importance of integrity in all we do.

WE RESPECT OUR PEOPLE, OUR PLANET,

AND EVERY PERSPECTIVE AND CONTRIBUTION

We work in a way that reflects positively on our Company and the communities we serve.

Letter from Weatherford's Sustainability Committee

Article

Weatherford is a global company that helps to provide energy to the world for today and tomorrow while ensuring benefits for all of our stakeholders through responsible operations, sustainable performance, world-class people, and global citizenship. We are guided by our operational principles and Code of Conduct and will operate our business of providing services to the upstream oil and gas industry in an ethical, safe, and profitable manner.

Weatherford Addresses Material Environmental, Social, and Governance Issues

Company Highlights Materiality
Article

Weatherford considers material Environmental, Social, and Governance (ESG) issues to be those which pose the greatest potential risk to our business, and are important to our key stakeholders including our employees, customers, and shareholders.

In 2016, we strengthened our existing process for assessing materiality by canvassing a broader range of internal and external stakeholders and extending sustainability issues across the whole value chain.

Flash Report: 82% of the S&P 500 Companies Published Corporate Sustainability Reports in 2016

Summary: 

Highlights from G&A Institute: 

G&A Institute has analyzed the index company components' sustainability reporting activities for the past six years.   Our research over the last six years shows that reporting on the corporate sustainability including environmental, social and corporate governance (ESG) continues to be a consistent, reliable norm for the largest companies in US capital markets.   

Sustainability reporting rose dramatically from just 20% of the companies reporting in 2011 to 72% just three years later in 2013.  From 2013 to 2016, the frequency of reporting has maintained with slight increases each year, now up to 82% in 2016, the latest year of our study released.

Over the last few years, this consistent volume of corporate reporting underscores the importance and staying power of considering ESG issues when setting corporate strategies, managing resources and communicating to important stakeholders such as customers, employees and shareholders. 

Press Release

Highlights from G&A Institute: 

G&A Institute has analyzed the index company components' sustainability reporting activities for the past six years.   Our research over the last six years shows that reporting on the corporate sustainability including environmental, social and corporate governance (ESG) continues to be a consistent, reliable norm for the largest companies in US capital markets.   

Sustainability reporting rose dramatically from just 20% of the companies reporting in 2011 to 72% just three years later in 2013.  From 2013 to 2016, the frequency of reporting has maintained with slight increases each year, now up to 82% in 2016, the latest year of our study released.

Over the last few years, this consistent volume of corporate reporting underscores the importance and staying power of considering ESG issues when setting corporate strategies, managing resources and communicating to important stakeholders such as customers, employees and shareholders. 

The Trump Effect

Much has been written about America’s President, Donald Trump, and the effects his tenure will have on the world. We at CSRHub recently had an interesting opportunity to examine the relationship between President Trump’s businesses and CSR.
Blog

A US group called “Grab Your Wallet” has launched a web site that looks for companies that are controlled by the Trump family or benefit from being associated with it.  Their premise is that shoppers, investors, communities, employees and other stakeholders could signal their displeasure with Mr. Trump and his policies by boycotting companies associated with him.  Of course, those who support Mr.

Daimler Sustainability Strategy Takes the Expectations of Stakeholders into Account

"We uses a multi-step materiality analysis to identify the fields of action that are relevant to us and to our stakeholders."
Summary: 

We consider fields of action to be “material” if they are important for the company as well as for our stakeholders. We use a multi-step materiality analysis to help us determine what the different assessments, which do not always coincide, have in common. 

 
Article

We consider fields of action to be “material” if they are important for the company as well as for our stakeholders. We use a multi-step materiality analysis to help us determine what the different assessments, which do not always coincide, have in common. 

 

UPS and BSR: How Global Materiality Can Help Shape Sustainability Strategy

UPS and BSR to discuss global materiality assessment process, and its significance to UPS’s sustainability reporting, during free 3BL Media webinar, June 29
Press Release

NORTHAMPTON, Mass., May 30, 2017 /3BL Media/ – On Thursday, June 29, 2017 at 11 am ET, UPS will host a webinar with 3BL Media to discuss its Global Materiality Assessment. The webinar, featuring Patrick Browne, Director of Global Sustainability for UPS, and Nate Springer, Manager at Business for Social Responsibility (BSR), will cover UPS’s global materiality assessment methodology, and its role in driving UPS’s sustainability strategy, goals and reporting.

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