CSR Minute

Sustainable Development Goals 2030 to be Launched by UN - The Minute

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A new sustainable development agenda will be adopted by world leaders at a special summit this weekend at UN headquarters in New York. The 2030 Agenda for Sustainable Development will include the launch of a new set of Sustainable Development Goals to be implemented worldwide. Unlike the previous Millennium Development Goals which they replace, the 2030 SDGs have been developed through a process that included input from all 193 states.

Big Commitment, Big Impact: Aramark’s “Building Community” Volunteer Program - The Minute

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Corporate volunteerism has a long history as the primary social program for many companies. But the idea has come a long way from the traditional, once-a-year, clean-up-the-park day. Not that there’s anything wrong with that kind of effort, but in these troubled times with so much need in so many areas, bigger commitments are required to make an impact on today’s large social problems.

“The Sustainability Effect”: Making the Business Case for CSR - The Minute

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The business case for CSR has been a common sense one. Improving the eco-efficiency and good governance of a business lowers costs, increases revenues, supports employee productivity and retention, and reduces risk.

CSR Adds ROI to the Bottom Line: New Study - The Minute

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The question comes up often these days: does CSR add to the bottom line? A new report concludes yes, definitely, and in ways that can be quantified. The study was initiated by Verizon and the Campbell Soup Company to measure the benefits of their ESG programs. They commissioned IO Sustainability—a strategy, research, and public affairs firm—and Babson College, a business school, to produce the report. Their assignment was to evaluate and put numbers to CSR, sustainability, and ESG issues as they impacted the bottom line.

Ford Dealer Sponsors Peanut Butter Drive for Community Food Banks -

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While cleaning out my email inbox during these dog days of summer, I ran across a story from back in June that made me think about the local initiatives that take place around the country. These stories describe local efforts devoted to hunger relief, improving healthcare, conserving resources, and supporting community charities. Many are small-scale initiatives, but they do add up.

ESG Investing Gets Boost from New Scoring System - The Minute

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The fast-moving trend to integrate ESG factors into investment decision-making just took another sharp turn upward. Morningstar, a research firm that tracks the holdings of 200,000 global managed financial products, will launch the first ESG scores for global mutual and exchange-traded funds later this year. The scores will be based on ESG ratings from Sustainalytics, a provider of ESG ratings and research on more than 4,000 companies.

U.S. Food Retail Market Attracts European Companies - The Minute

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The U.S. retail food business is headed for another major, business model disruption. Driven by consumer demand for healthier foods, and for value pricing, this round of structural change has European discount food retailers expanding into the lucrative American market for organic foods, estimated at $33 billion annually.

Corporations in India Struggle to Comply with CSR Law - The Minute

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Large businesses in India are struggling to deal with the Companies Act 2013 that requires corporates to set aside two percent of their average net profits earned over the previous three years for corporate social responsibility initiatives. The Act applies to companies that meet a defined benchmark of net worth, turnover, or profits.

Corporations Sponsor Mini-Movies for Innovative Re-branding

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Documentary films have been an active creative field for some time, but now the format is being put to innovative use by business. Corporations are commissioning noted independent filmmakers to produce documentaries that are a new genre, neither cinematic commercials nor completely independent indies. These films do not have product placement or advertising. Instead, company branding is limited to sponsorship messaging in the credits. The new docs feature a variety of subjects, which are approved by the sponsor, but corporate involvement ends there.

First U.S. Offshore Wind Farm Hits the Water - The Minute

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Foundations for the first offshore wind farm in U.S. waters were installed two weeks ago near Block island, 12 miles off the coast of Rhode Island. Since Block Island is unconnected to the mainland power grid, the 1,000 residents and 15,000 summer visitors pay some of the highest energy costs in the country.

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