Transparency

Increased Action Needed on Human Rights Reporting

Recommendations for governments to strengthen business accountability
Press Release

November 25, 2019 /3BL Media/ - Governments need to do more to help businesses understand, mitigate and improve their human rights impacts – by strengthening transparency and reporting requirements.

This is the key finding of a report from GRI looking at the progress countries have made towards meeting their duty under the UN Guiding Principles on Business and Human Rights, by analyzing the 23 National Action Plans (NAPs) produced by governments so far.

Duke Energy Ranked No. 1 Among U.S. Utilities for Investor Transparency

Press Release

CHARLOTTE, N.C., November 5, 2019 /3BL Media/ – Duke Energy (NYSE: DUK) has been ranked No. 1 among U.S. utilities for investor transparency by an independent financial communications firm.

Labrador Advisory Services reviewed the proxy statements, 10-K filings and website investor pages of the nation’s 250 largest companies, based on market capitalization.

The firm ranked Duke Energy’s investor disclosures No. 1 for transparency among the nation’s utilities – and No. 16 among all companies – based on quality and completeness of information.

Is Your Sustainability Reporting Still Mostly Fluff?

Article

Corporate sustainability has come a long way in the last couple of decades. Given the current climate and citizen mobilizations, any and all advances in this area deserve to be applauded.

But let’s talk about sustainability reporting for a moment. Because, quite frankly, we’re still seeing way too much fluff. And that’s worrisome. Stakeholders – whether citizens, consumers, investors, government regulators – you name it, now expect much more from corporate sustainability than simply a green beauty contest. It’s your job to deliver the goods.

Businesses Commit to Act Fairly and Sustainably – and Hard Work Starts Now

By Tim Mohin, Chief Executive of GRI
Press Release

August 22, 2019 /3BL Media/ - A welcome development this week was the declaration from 181 chief executives of US companies to operate in a way that values and recognizes all their stakeholders. 

The signatories to the Statement on the Purpose of a Corporation, organized by Business Roundtable, includes commitments to:

Quantifying and Evidencing Impact – Kering, HSBC, World Benchmarking Alliance and More

Article

There’s increasing pressure on companies to provide verifiable evidence of positive impact and, where possible, quantifiable success. Companies are tasked with identifying meaningful data points, educating the business on the need to demonstrate trusted impact metrics and benchmark social and environmental impacts against peers.
 
At the recent Responsible Business Summit Europe, Ethical Corporation hosted two in-depth sessions that looked to provide actionable ideas covering these topics:
 

Are the Keys to Supply Chain Transformation Closer Than They Appear?

By Madeleine Carnemark, MBA/MS Candidate 2020
Article

For sustainability initiatives in food retail, do the largest hurdles lie in the supply chain, or within the walls of corporate headquarters? As sustainability becomes a bigger priority for food producers and retailers, more and more companies are forming sustainability teams to push toward a new food economy through supply chain transformation.

Benefits and Challenges of Transparency in the Apparel Industry

Three industry experts in the apparel industry took part in a webinar hosted by the Sourcing Journal on the topic of transparency.
Article

The importance of transparency has continued to gain traction in the apparel and fashion industry in recent years, and for good reasons. Clothing shapes more than just our wardrobes, it shapes the environmental, economic and social landscapes of the countries where they are produced.

This Apparel Brand Transparently Shows You Who Made Your Clothes

Article

Throughout the month of April, millions of consumers took to social media to ask the question #whomademyclothes, helping ignite a global conversation about supply chain transparency. 

Smithfield Foods Showcases Continued Leadership and Transparency in New Sustainability Report, Launches Unique Tool for Today’s Conscious Consumer

Press Release

SMITHFIELD, Va., May 21, 2019 /3BL Media/— Smithfield Foods, Inc. is pleased to announce the release of its 2018 Sustainability Report, highlighting key milestones and ongoing efforts to feed the world’s growing population in a responsible way. Smithfield’s robust sustainability program drives all aspects of its business, creating value in the following areas: animal care, environment, food safety and quality, helping communities, and people.

Nestlé Verifies Three-Quarters of Its Supply Chain as Deforestation-Free

Press Release

April 30, 2019 /3BL Media/ - Nestlé today announced that 77% of its agricultural commodities are verified as deforestation-free. This is a key milestone in the company’s efforts to achieve its zero-deforestation commitment.

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