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CSR and Sustainability News

Toronto Globe and Mail - October 23, 2009
More than half of U.S. workers suspect their managers aren't being truthful.
Toronto
- Do you believe your boss is honest? More employees than you might think are having their doubts. Last week, U.S. authorities arrested billionaire hedge fund manager Raj Rajaratnam, founder of the New York-based Galleon Group hedge fund, and charged him and executives of other companies with trading inside information in exchange for payoffs. Government officials credited evidence that was gathered by one of Mr. Rajaratnam's former employees, who reportedly taped conversations with him. Read More>


Harvard Business - September 22, 2009
How Corporate Responsibility Can Survive the Recession
Cambridge - Corporations engaged in recession-driven cost-cutting are trimming or eliminating corporate responsibility initiatives. Though corporate survival is key and consumer skepticism of business CR initiatives at an all-time high, such actions are short-sighted. Now more than ever, businesses need to be saying "yes" rather than "no" to their social responsibilities. There are five key reasons. Read More>
Wall Street Journal - September 16, 2009
How Much Does A Venture Firm’s Reputation Matter?
New York - Everyone knows that reputation matters when it comes to VC firms. But are limited partners making a mistake when they reflexively cast their lot with the industry’s bold-faced names?
“It amazes me to see certain funds raising money, and I look at their portfolio and wonder how they’re doing it,” said Rodney Altman, senior partner at CMEA Capital. “Sometimes there is great branding and great charisma and LPs are seduced by that.”
Read More>
Economist.com - September 9, 2009
Corporate Social Responsibility
London - The idea that corporations bear a responsibility that stretches beyond their shareholders is not new. Many companies in the 19th century built special housing for their employees in the belief that a well-housed employee was more productive than one living in a dump.”
Read More>
Xinhua - June 1, 2009
Climate change to emerge as top corporate social responsibility 
Singapore
- Reducing carbon emissions, improving transparency in business and labor relations will be top corporate social responsibility issues for companies in Asia-Pacific over the next decade, according a study released here on Monday. Read More>
The McKinsey Quarterly - June 2009
Rebuilding corporate reputations
A perfect storm has hit the standing of big business. Companies must step up their reputation-management efforts in response.
Strategy in Practice Article, Rebuilding corporate reputation
As governments respond to the financial crisis and its reverberations in the real economy, a company’s reputation has begun to matter more now than it has in decades. Companies and industries with reputation problems are more likely to incur the wrath of legislators, regulators,
and the public. What’s more, the credibility of the private sector will influence its ability to weigh in on contentious issues, such as protectionism, that have serious implications for the global economy’s future.
Read More>
AsiaMarkets - April 2, 2009
The “Green” Hypocrisy:
America’s Corporate Environment Champions Pollute The World
“Green is green as in the color of money” Brand director GE, Brandweek, 7/26/06

“Greenwashing” is the act of misleading the public regarding the environmental practices of a company or the environmental benefits of a product, service, or business line.  Due to the public’s increased awareness of environmental issues, including global warming, deforestation, and the loss of endangered species, greenwashing has become a staple of corporations marketing efforts. 
Read More>

New York Times - January 25, 2009
Green-Light Specials, Now at Wal-Mart
Wal-Mart sells only concentrated liquid laundry detergent, to cut the packaging and water used.
It was billed the Choice Meeting: a secret two-day conference in Arkansas in 2005 pairing Wal-Mart stores, a symbol of scorched-earth global capitalism, with some of the nation’s most influential environmentalists. And it began with a zinger.
“It wasn’t a matter of telling our story better,” said H. Lee Scott Jr., the chief of Wal-Mart.
“We had to create a better story.”
Read More>
GreenBiz - January 7, 2009
Mandatory CSR Reporting for Denmark's Largest Companies
COPENHAGEN, DK --
Hundreds of the largest private and state-owned companies and institutional investors in Denmark must include corporate social responsibility information in their annual financial reports beginning in 2010. Read More>
Korea Newswire - November 19, 2008
Executives say corporate citizenship can boost profits over time, according to new Economist Intelligence Unit report

Seoul --
Corporate citizenship is becoming increasingly important for the long-term health of companies even though most struggle to show a return on their investment from socially responsible activities, according to a new study from the Economist Intelligence Unit.
Read More>
 
Business Week - May 1, 2008
Do Reputation Management Services Work?
A new industry promises to help counter negative search results on the Web. Hiring one of
these fixers may make nasty comments go away.

Google the name of your company right now. See anything you don't like? If you do, at least a dozen services promise they can make it disappear.
An industry of online fixers is sprouting to defend clients against damaging information on the Web. With potential customers increasingly heading online to research products and services, bad reviews or complaints that turn up in a search can mean lost business. Reputation management services promise to highlight positive pages and bury offending sites deep in search results.
Read More>
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