The number of ESG disclosure and reporting guidelines, frameworks and standards continues to expand – here comes the GRI Universal Standards, the SASB XRBL Taxonomy, and much more. The range of available transparency tools is making it more challenging for corporate management and investors to navigate.
Collaboration – Cooperation – Collective Action: buzz words that really matter today as the nations of the world come together to address a wide range of climate change challenges. Public sector leaders, asset managers, corporate boards and managements, NGOs, activists, scientists, and civic leaders in many nations (developed and developing) will participate and/or tune in to the Glasgow proceedings, which have the potential to dramatically impact strategies, plans and programs of many organizations.
Ushering in a New Era of CSR with Carolyn Berkowitz, ACCP
Multimedia with summary
Corporate mandates have changed. Customers, employees, and even investors are increasingly pushing companies to move from shareholder to stakeholder capitalism. What does this look like across companies and sectors? Are companies moving fast enough when it comes to making good on their commitments to social change? Carolyn Berkowitz, President & CEO of the Association of Corporate Citizenship Professionals (ACCP), shares her insights, plus the importance of diversity and inclusion within CSR departments.
It’s been 18 months and the global pandemic, alongside deep social and political unrest, remains central in the daily lives of most people around the world. Recently, Realized Worth had the opportunity to speak with the CEO of ACCP about their research on the impact of COVID-19 and the racial justice movement on corporate social responsibility. What we learned was encouraging!
When corporate managers talk about their company’s ESG and sustainability efforts it is most often now in the context of “our corporate sustainability journey.” The hallmarks of this journey are continuous improvement in the enterprise’s ESG performance indicators and ever-increasing and more robust disclosure to inform investors and other stakeholders.
The European Union is a collaborative effort of 27 sovereign nations on the continent organized to marshal the resources and collective capabilities of these member states to address economic, military, trade, travel, and other important issues. The EU grew out of early post-WWII efforts to create a “common market” on the continent and to encourage closer peacetime relations among the disparate nations and cultures of western Europe.
Superstorms with drenching downpours. Wildfires consuming vast stretches of western-lands forest. Hurricanes coming ashore with devasting effects, during and after the storm. Once-in-a-hundred-year weather occurrences happening last year and the year before and…
If your company has not yet started your sustainability journey, then here in August 2021 the stakes are getting higher for your Board of Directors and C-suite. Even if your company has already made good progress on ESG and sustainability, the stakes for your company are rising as peers that have already invested time, money and resources in their sustainability journey are steadily upping their game and striving for leadership.
For many years, the European Union moved ahead of the U.S.in developing laws and regulations to address the challenges of climate change and the expansion of corporate programs and related reporting for ESG issues.
In the U.S., the major regulatory bodies such as the Securities & Exchange Commission, the Federal Reserve banks, the Treasury Department, and other cabinet level and independent agencies avoided mandating disclosure rules for publicly-traded corporations for many social (S) and environmental (E) issues.