Profits versus virtue: that’s the cover story of the current issue of Bloomberg Businessweek. Its graphic illustration of two poles of business activity that have been historically thought of as opposing, but are increasingly looked to as complementary, define the point of the issue’s feature about the Container Store. The article reports the company’s DNA as “conscious capitalism,” a business strategy with a bottom line built on a higher purpose. By profit standards, the Container Store is doing very well.
Record-high number of shareholder resolutions filed in 2014 proxy season drive more aggressive action by top companies on climate-related issues
BOSTON, August 14, 2014 /3BL Media/ – In response to nearly 150 climate-related resolutions filed by institutional investors during the 2014 proxy season, 20 major international corporations have committed to set goals to reduce greenhouse gas (GHG) emissions or sustainably source palm oil –a leading driver of global deforestation, which causes nearly 20 percent of global greenhouse gas emissions according to the Environmental Protection Agency. An additional 45 corporate commitments were secured related to sustainability reporting, energy efficiency and carbon asset risk.
ST. LOUIS, Feb. 18, 2013 /3BL Media/ — Since its founding, Panera Bread Company (Nasdaq: PNRA) has always aspired to elevate the lives of its guests and associates while also making a difference in the communities it serves. Today Panera unveiled a new initiative that for the first time articulates this purpose-driven philosophy.
New cafe is fifth in the U.S. to offer innovative non-profit model
BOSTON, January 23, 2013 /3BL Media/ – The Panera Bread Foundation opened its fifth non-profit community cafe – called Panera Cares – today in Boston. The cafe opening comes on the heels of four successful community cafe launches in St. Louis, MO, Detroit, MI, Portland, OR and Chicago, IL over the past three years.
CHICAGO, IL/ST. LOUIS, MO, November 8, 2012 /3BL Media/ – Panera Bread and the Panera Bread Foundation have joined with Feeding America to fight food insecurity in the United States – one bowl of soup at a time.