One major company states in its annual report that corporate citizenship is both "a moral responsibility and an economic necessity". But what is the business case for and against increased corporate citizenship? This is the subject of a recent research >>> read more
News
ICC published guideline for making a responsible business conduct
Source: ICC, 10 May 2002The International Chamber of Commerce today proposed practical steps for companies in making responsible business conduct a management priority – and said this could be good for business. "An increasing number of companies view corporate responsibility as integral to their >>> read more
Ethical index FTSE4Good accused of diluting standards
Source: Financial Thimes, 6 May 2002The UK’s major "ethical" investing index is being accused of watering down green standards by including "unethical" companies. The FTSE4Good family of indices were launched in a blaze of publicity nine months ago to encourage investment in companies with good >>> read more
Companies embrace ‘sustainability reports’ as central to their reputations
Source: The Cristian Science Monitor, 6 May 2002By Amanda Paulson | Staff writer of The Christian Science Monitor "Sustainability" is a big buzz word these days for environmental groups, activists, government officials. And now, corporations. More large companies, from auto giants to airlines, are producing "sustainability reports" >>> read more
Nordic companies winners of the EERA awards
Source: , 4 May 2002Nordic companies are the winners of all the trophies at the award ceremony for the Sixth Annual European Environmental Reporting Awards (EERA) on April 29. The objective of EERA is to provide encouragement and guidance, as well as reward best >>> read more
Business Ethics’ 100 Best Corporate Citizens Outperform S&P 500
Source: SocialFunds.com, 4 May 2002An academic study concluded that Business Ethics’ list of 100 Best Corporate Citizens generated better returns than the remaining companies on the S&P 500. Last week, Business Ethics announced its third annual list of the 100 Best Corporate Citizens, which >>> read more
FEE Discussion Paper Providing Assurance on Sustainability Reports
Source: FEE, 4 May 2002The principle of Sustainable Development, as outlined in the UNs Earth Summit in Rio de Janeiro, ten years ago, delivered a challenge to the business community. Could it respond to society’s demands and demonstrate that, at a company level, strategy >>> read more
Social responsibility guidelines for the financial sector
Source: British Bankers Association, 25 April 2002Margaret Beckett, Secretary of State for Environment, Food and Rural Affairs today announced £50,000 Government sponsorship for the development of ‘Guidance on Corporate Social Responsibility Management and Reporting for the Financial Services Sector.’ The guidelines will cover social, environmental and >>> read more
April 2002 Update Global Reporting Initiative
Source: Global Reporting Initiative, 25 April 2002April 2002 Update Global Reporting Initiative (GRI). * Inauguration Event at United Nations – A Milestone * First GRI Board Chair Selected – Dr. Judy Henderson * GRI Secretariat is Amsterdam-Bound * Dr. Allen White Appointed Acting Chief Executive * >>> read more
MEPs call for mandatory social and environmental reporting
Source: EurActiv.com, 24 April 2002On 23 April, the European Parliament’s Employment Committee voted on its report on corporate social responsibility (CSR). It asks for obligatory requirements for social and environmental reporting to be introduced. Background: In July 2001, the European Commission issued a Green >>> read more
GRI announces move to Amsterdam
Source: Global Reporting Initiative, 22 April 2002AMSTERDAM, NETHERLANDS The Global Reporting Initiative (GRI), an international sustainability reporting institution that was formally inaugurated at a United Nations ceremony on 4 April 2002, has announced that its permanent Secretariat headquarters will be opened later this year in Amsterdam, >>> read more
NGOs call for stricter corporate accountability rules
Source: Euractiv.com, 22 April 2002On 18 April, as part of the ‘Green Week’, a seminar was held on global governance and corporate accountability. A number of NGOs called on the EU to promote legally binding instruments for corporate accountability to be introduced at the >>> read more