President Trump's immigration order has caused a dramatic rise in the number and kind of businesses that have issued statements about values. The shift includes companies that have rarely, if at all, made declarations about public policy. The tech sector, notably globalist and peppered with founders and CEOs who are immigrants and/or refugees, took the lead: Google, Apple, Microsoft, and Facebook spoke up. Expedia, Amazon, Uber, Lyft, eBay, Etsy, Starbucks, and Airbnb also piped up.
From the Editor
Tuesday, January 31, 2017
When India passed the Companies Act in 2013, a law that required large companies to spend at least two percent of their average net profit of the past three years on CSR activities, the jury was out on whether a CSR mandate could produce results. Now, the numbers for 2016 are in—and they’re encouraging. Spending rose by 22% over the previous year; total FY ‘16 spend was over $2 billion, a rise of $368 million. 1,505 companies—30% of the 4,887 firms listed on the Bombay Stock Exchange—met the standard for mandatory spending.
Friday, January 27, 2017
If there were any question about the continuing momentum of the move to clean energy despite the fossil-fuel friendly attitude of the new administration, Moody’s just provided a strong answer. The rating agency now projects that green bond issuance worldwide could top $200 billion in 2017. That number would double that of 2016, a record $93.4 billion, according to Reuters. Historically, Moody’s reports that green bond issuance has increased every year between 2011 and 2015 by an annual average of 163 percent.
Monday, January 23, 2017
The real growth in US wind power is taking place in red states. The numbers tell the story. Three of the five states with the most installed wind capacity are Republican-led: Texas, Iowa, and Oklahoma. All of the top five states by percentage of generation by wind are red: Iowa, South Dakota, Kansas, Oklahoma, and North Dakota. Eight of the 12 states that now get 10 percent or more of their electricity generation from wind power are red states.
Thursday, January 19, 2017
It’s that time of year, when forecasters issue lists of trends to look out for in coming months. Susan McPherson, CEO of McPherson Strategies, has polled some noted CSR professionals to collect six trends to watch for in 2017 for a Forbes blog.
Tuesday, January 17, 2017
The initial news from the World Economic Forum, now taking place in Davos, Switzerland is different, for a change.
Thursday, January 12, 2017
Rising demand for sustainable investing advice has resulted in new, specialized digital platforms that match values with analytic data. Three firms—OpenInvest, Earthfolio, and Grow Invest—offer easy entry into socially responsible investing with minimum amounts ranging from $1 to $25,000, according to Investment News.
Tuesday, January 10, 2017
The current debate over the Affordable Care Act feels like déjà vu, all over again. The debates echo those back in 2010 in the run up to passage of the law—except now, there are some facts that should be considered. So argues Rep. Sander Levin (D-MI), Chairman of the House Ways and Means Committee when the ACA was passed.
Thursday, January 5, 2017
China has answered President-elect Trump’s claim that it is the creator of the “hoax” of climate change with a multi-billion dollar bet on renewable sources as its energy future. The country has just announced plans to invest $361 billion dollars in solar, wind, hydro, and nuclear power projects by 2020, according to Reuters. By then, renewables will make up half of all its electricity generation.
Monday, December 26, 2016
From my editorial desk, I see a lot of news and many reports from companies about their programs. The articles and reports are variously headlined as corporate responsibility, corporate social responsibility, sustainability, and/or corporate citizenship. However titled, the terms can cover a wide range of topics under whatever general categorization is chosen.
Monday, December 19, 2016
“Supply chain” is a relatively bland term to describe an incredibly important part of the sustainability puzzle. It sounds wonky, but its operations in producing goods, from extracting resources to manufacturing, from packaging to transporting to market, are a basic component of modern commerce. Tracking the various components of sustainability—transparency, workers rights, safe workplaces, sustainable sourcing, energy efficiency—throughout complex global supply chains has been a major obstacle to achieving sustainability goals.
Friday, December 16, 2016
Corruption in business around the world is a very big item on business expense sheets, according to recent data. Estimates are that the total is more than five percent of global GDP—$2.6 trillion—and that the cost of doing business globally is increased by up to 10 percent, according to the World Economic Forum and the World Bank. To fight corruption, The B Team and its partners have launched an online tool to reveal the true owners of companies.
Tuesday, December 13, 2016
NASDAQ has announced some of the best socially responsible investing stocks of 2016, according to the Motley Fool financial advisory. The criteria was simple: companies that outperformed the market while committing to CSR values. Among the top picks are Microsoft (YTD return: 10.6%), Johnson Controls (38.8%), Facebook (12.7%), and UnitedHealthGroup (35.5%).
Monday, December 5, 2016
There’s a twist on the conventional wisdom re. the incoming "conservative" administration, which is widely perceived as pro oil and gas and anti renewables. In a just released poll, 66% of “ very conservative” voters joined 95% of “total liberals” in expressing strong support of clean energy.
Friday, December 2, 2016
Planetsave has published a blog by Carolyn Fortune that distinguishes SRI (socially responsible investment) from ESG-driven (environment, social, governance) investment, a field of activity that overlaps but is quite distinct from SRI. Fortune describes ESG investment as a strategy that incorporates ESG criteria into investment analysis.
Tuesday, November 29, 2016
Still confused about SRI (socially responsible investment) and ESG (environmental, social, and governance) investment? Planetsave has published a blog by Carolyn Fortune that explains all concisely. SRI is an exclusionary strategy that steers clear of products and services that are not consistent with a green/progressive agenda.
Friday, November 18, 2016
In the face of claims by president-elect Donald Trump that he will eliminate the EPA, roll back environmental regulations, bring back coal production, and withdraw from the COP21 Paris Agreement, the private sector is pushing back by highlighting corporate goals to reduce carbon emissions. 365 US companies —including Nike, Starbucks, and Levi Strauss—have signed a letter urging the incoming Trump administration to remain committed to the Paris Agreement.
Monday, November 14, 2016
The Internet of Things (IoT) offers amazing possibilities to the healthcare sector. Hospitals have a wide range of energy uses in their facilities, so there are great opportunities to drive energy efficiency and cut costs, reports Energy Manager Today. The real-time data provided by advanced technology also allows managers to track care more accurately, from monitoring equipment to checking on patients for maximum efficiency and a higher standard of care.
Monday, November 7, 2016
A select group of very large corporations make many of the headlines about sustainability. Partly, it’s a function of their leadership in publically announcing ambitious goals for innovative practices and strategies. It’s also a function of their scale, because big moves toward sustainability by large corporations have the possibility of making major changes. That makes for big news. Walmart can now be added to the list of the usual suspects in this category.
Thursday, November 3, 2016
A Biblical seven years—that’s how long it took Canada and the EU to conclude a new trade pact.