CSR Minute

The Renewable Energy Revolution Picks Up Speed - The Minute

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It has taken quite a while to read and absorb all the facts in Financial Times’ comprehensive article on the energy revolution. The report, titled “The Big Green Bang: How Renewable Energy Became Unstoppable,” lays out the evidence in great detail for an accelerating shift to clean power. Its sweeping thesis is simply stated: “After years of hype and false starts, the shift to clean power has begun to accelerate at a pace that has taken the most experienced experts by surprise.”

Transparency in the Financial Sector: Cloudy Days Ahead? - The Minute

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Since 2008, many rules and laws have been put in place throughout the financial sector to prevent another global economic meltdown. The trend has been to increase transparency through more—and tougher—regulation. From stress tests for banks to the Dodd-Frank bill’s provisions to control financial risk, from new rules about fiduciary duties by investment advisors to requirements for large global banks to hold more capital, the global financial system has been pointed to more open practices.

Brands Take Stands: 13 Major Corporations Urge Support for Paris Agreement - The Minute

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In the most recent example of brands taking stands, 13 major corporations have written to President Trump urging him to keep the US signed on to the Paris Agreement on Climate Change. The letter, organized by the Center for Climate and Energy Solutions, was signed by BP, DuPont, General Mills, Google, Intel, Microsoft, National Grid, Novartis Corporation, PG&E, Schneider Electric, Shell, Unilever and Walmart.

A Prescription for a Sick Healthcare System - The Minute

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Ever wonder why everyone agrees that the current US healthcare system is seriously sick, but that nobody seems to agree on the remedy? A commentary by the editorial director of Modern Healthcare, Merrill Goozner, lays out a diagnosis and the prescription for a cure in direct terms.

Renewable Energy Use and Investment Continues to Rise - The Minute

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There’s more evidence that the trend lines for renewable energy will continue to rise, despite the Trump administration’s focus on coal and other carbon fuels. The numbers tell the story. Five states now get at least 20 percent of their electricity from wind. All five are traditionally Republican: Kansas, Iowa, Oklahoma, North Dakota, and South Dakota.

US Restaurants Ranked for Sustainability in New National Survey - The Minute

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Starting this summer, restaurant-goers will be able to view the sustainability rankings of their choices through a new list organized by The Good Food 100 Restaurants project. A who’s who of noted restaurant chefs have bought into the new rating system, which measures their practices throughout the supply chain. Scores are based on self-reported annual food purchasing data from a survey completed by participating chefs and restaurants.

Energy Companies Aim for Profits Despite Rollback of Clean Power Plan - The Minute

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Clean energy companies are counting on profits, despite the Trump Administration’s recent executive order to cancel the EPA’s Clean Power Plan. The principal reason is economics. Prices in the wind and solar industries have fallen so much that renewables now compete with fossil fuels.

Business Schools Innovate in Sustainability Education - The Minute

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As sustainability in its various forms becomes more integrated into business practices and strategies, business schools are adapting their programs to better prepare the sustainability professionals of the future. McGill University in Montreal is a good example.

Citigroup Uses Ethicist to Guide Corporate Decision Making - The Minute

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Following the financial meltdown of 2008, many steps have been taken to prevent a similar crisis, among them the Dodd-Frank bill and a red alert attitude at the Federal Reserve. Big bank Citigroup has come up with its own, innovative solution: a company ethicist. The position is filled by Dr. David Miller, a former banker turned theology student who is now a Princeton professor.

Business Adopts “The Many are Mighty” Model for Innovation - The Minute

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The big idea of James Surowiecki’s manifesto, The Wisdom of Crowds, is working its way into business strategy. That book explains how a diverse collection of independent individuals is more likely to make certain types of decisions—and predictions—better than individuals or experts. Its thesis has helped fuel an explosive growth in business partnerships and collaborations, in open competitions and crowdsourcing efforts.

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