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Major Gaffes and Gaps Plague CSR Reports, Study Finds

Incorrect and irrelevant data, unsubstantiated figures and major gaps abound in company CSR reports, according to a forthcoming study from the U.K.’s University of Leeds and France’s Euromed Management School. Leeds’ Dr Ralf Barkemeyer told the Guardian that the analysis of more than 4,000 CSR reports, rankings and surveys published ... Read more »

Hide Sustainability in Luxury Packaging, Estée Lauder Says

Packaging for luxury products should be sustainable while being subtle about its environmental credentials, according to an executive from cosmetics firm Estée Lauder. Speaking at this year’s Luxe Pack event in Monaco, Henry Renella, Estée Lauder’s senior vice president, global package development, said that the target market for luxury brands ... Read more »

Philips, Bayer Top CDP Rankings; Amazon, Apple and Warren Buffett Fail to Respond

Philips Electronics, Bayer and Cisco have topped the Carbon Disclosure Project’s 2011 carbon performance and disclosure rankings, as for the first time, a majority of the world’s largest public companies report that climate change actions are embedded in their business strategy. This year’s Global 500 report (pdf), written by PricewaterhouseCoopers ... Read more »

GRI and Deloitte to Create XBRL Taxonomy; Alcoa, Shell Among G4 Sponsors

The Global Reporting Initiative (GRI) has started development of a taxonomy for the eXtensible Business Reporting Language, which holds the promise of automating the disclosure of sustainability data. GRI and Deloitte have signed an agreement outlining the project, which would include publication of an XBRL taxonomy covering the GRI’s G3 ... Read more »

34% of Execs Cite Economy As Impediment to Adopting Sustainability

About 34 percent of business executives say that their firms’ immediate financial goals were the most pressing priority that prevented the incorporation of sustainability into company strategies and goals, according to the “Managing for Sustainability” report from the Economist Intelligence Unit. The survey of over 200 finance and corporate social ... Read more »

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