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CNW report

Only 3% of Largest Global Firms Report Basic Sustainability Metrics

Only 3 percent of the world’s largest listed companies report on all basic sustainability metrics, according to a study by investment advisory and research firm Corporate Knights Capital. In its third annual study, Measuring Sustainability Disclosure: Ranking the World’s Stock Exchanges, Corporate Knights Capital researched how well global stock exchanges … Read more »

environmentally responsible CEO

Employees Want to Work for Environmentally Responsible CEOs

Almost three-quarters of Americans — 71 percent — want to work for a company whose CEO is actively involved in corporate responsibility and/or environmental issues, according to Corporate Responsibility (CR) Magazine’s annual corporate reputation survey. The results of the survey, which polled more than 1,000 employed and unemployed Americans and … Read more »

Corporate Responsibility and Sustainable Investing

The Center for Ethical Business Cultures’ public forum on Corporate Responsibility and Sustainable Investing: A New Reality in the Marketplace features Tim Smith, senior vice president of environmental, social and governance group at Walden Asset Management. Smith shares his insights into the history of corporate responsibility and social investment, highlights … Read more »

Thomas Reuters

Thomson Reuters Launches ESG Indices

Thomson Reuters has launched a new family of environmental, social and corporate governance indices. The Thomson Reuters Corporate Responsibility Indices were developed jointly with S-Network Global Indexes, a New York-based specialist index design firm. The firms say unlike the majority of ESG indices, however, their indices mirror the performance of … Read more »

UN Global Compact to Shake Out More Free Riders from Membership Ranks

More than 750 businesses, including major European and American corporations, are expected to be ejected from the United Nations Global Compact in the next six months, and a few hundred more after that, as the group evaluates whether its members are upholding its principles, the Guardian said. Global Compact says … Read more »

Carbon Disclosure Raises Stock Prices, Study Finds

Companies that voluntarily issue press releases disclosing their carbon emission information see their stock prices rise significantly in the following days, according to a University of California study. Going Green: Market Reaction to CSR Newswire Releases, by Paul Griffin of UC Davis and Yuan Sun of UC Berkeley, used archives … Read more »

More Firms Appointing Lead Corporate Responsibility Role

The proportion of organizations with a lead role overseeing corporate responsibility shot up to 62 percent in 2011, versus 42 percent in 2010, according to a survey by Corporate Responsibility Magazine, the Corporate Responsibility Officer Association and NYSE Euronext. Corporate Responsibility Best Practices: CR Practices Among Global Corporations found that senior-level … Read more »

US Firms Put CSR Communication Before Performance, KPMG Says

U.S. companies are “scratching the surface” of corporate responsibility, as a whole concentrating on communication more than performance, according to a global survey by KPMG. In the KPMG International Survey of Corporate Responsibility Reporting 2011 (pdf), the consultancy analyzed the reports of more than 3,400 companies – the world’s 250 … Read more »

Dell to Revamp GHG Measurement; No Longer Carbon-Neutral

Dell’s changing business model is forcing the company to craft a new way of measuring its carbon footprint, the company notes in its 2011 corporate responsibility report, which shows that the computer manufacturer is no longer carbon neutral. Dell says that server hosting is becoming an important part of its … Read more »

DreamWorks, Nasdaq ‘Black Listed’ for Lack of Transparency

DreamWorks, NASDAQ and Madison Square Garden are among the well-known American brands that have appeared on a “black list” of companies with poor transparency and corporate citizenship. The Black List, by Corporate Responsibility magazine, comprises 58 Russell 1000 companies that tie for bottom ranking on these measures. The Financials industry … Read more »

Sustainability Reporting Methods ‘Outdated’

The current once-yearly model of commercial sustainable development reporting is looking increasingly out of date and will be replaced by myriad forms of reporting, according to research by Acona and SABMiller. Multiple Messages argues that discussions over the nature and practice of sustainable development reporting are taking place in the … Read more »

BAE to Set Goals on Energy, Water and Waste

BAE Systems plans to set targets for energy, water and waste starting this year, according to the company’s integrated 2010 corporate responsibility and annual report. Business conduct and safety were BAE’s two key corporate responsibility priorities in 2010, the report said. But the company said it is increasing its focus … Read more »