Legacy energy producers and distributors have been the target of disruptive business models and technology for decades.
Adapting to competition and increased demand for low-carbon power, even the largest electric utilities and multinational gas and oil giants are behaving like innovative startups in today’s economy, engaging with one-time foes and leaning on corporate responsibility and sustainability practitioners in an increasingly chaotic political atmosphere.
WASHINGTON, D.C., July 24, 2017 /3BL Media/ -- CR Magazine announced today finalists for the 10th annual Responsible CEO Award and seventh annual Lifetime Achievement Award, given to corporate leaders committed to a progressive environmental, social and governance (ESG) agenda.
Many companies are dedicated to social responsibility—they have social responsibility programs, advertise and market their efforts, form task forces and working groups and reach out to the local and global communities to “do good” in their respective areas. But like those wooden labyrinth ball games, moving the levers to adjust the board and getting the silver ball through the end of the maze, the path to “social responsibility” is not a direct one, and it’s one that is navigated in an environment that is constantly shifting.
CR professionals know that every venue they utilize should meet certain sustainable standards. To help companies with future event planning, CR Magazine has compiled a list of the most sustainable corporate hospitality chains, ensuring that the facility chosen is dedicated to corporate responsibility. The following corporate chains were researched by the editorial staff and are in unranked alphabetical order.
Supply chains are a critical element of sustainability success for most companies. Yet working on supply chain sustainability is a challenging task. It’s hard enough to get people in your own company to change their behavior, but influencing the actions of those in another company—even as a large customer—can seem nearly impossible.
8 questions leaders should ask before, during and after
By Kathleen Lowenthal
When a disaster strikes, people want to respond. They expect governments to provide immediate assistance, and individually they look for ways to help. Corporations also want to respond and assist, but leaders are faced with a mixed set of decision-making circumstances.
How non-financial performance reporting can build investor confidence
By John DeRose
In the last three years, there has been an expanding role of Environmental, Social and Governance (ESG) factors in the decision-making of investors worldwide, according to Ernst & Young’s third Tomorrow’s Investment rules survey. At the crux of this year’s discussion was a simple question: “Is investor appetite for more integrated, predictable and strategic ESG disclosure being met by businesses?”
The CSR case for asking about non-profit risk management
By Ted Bilich
Non-profits often don’t have processes for inquiring about the risks they face, prioritizing those risks, and how to responding to them. For most, risk management begins and ends with insurance, their only safety net.
The founder of Ramblers Way discusses whether our clothing defines our values or if our values should define our clothing
By the Editors
There are 80 billion pieces of clothing purchased worldwide each year but rarely do consumers consider the true cost of this. From negative environmental impacts to poor factory labor practices in the developing world and growing landfills containing discarded textiles, the fast fashion industry is in need of a serious makeover.
The C-suite at leading companies commit to lobbying on important issues
By the Editors
Job descriptions for corporate responsibility practitioners commonly include references to supply chain, community engagement and sustainability reporting.
Add lobbying to the list.
“We have our story to tell and no one can tell that story except for us,” Rachelle Reyes Wenger, Dignity Health director of public policy and community advocacy, says of the sharp uptick in lobbying lawmakers around the Affordable Care Act. “They don’t know. It’s our job to help them understand why it matters to us.”