Innovation is not just about technological change. Business model innovation is important, too, and there is increasing adoption among small entrepreneurial and large multinational firms of alternative business models that support a value proposition aligned with sustainable goals. more[...]
Business ethics - some also call it corporate ethics - deals with moral principles and social values. It is based on the assumption that as an individual as well as organization you should act ethically. According to Andrew Crane, "Business ethics is the study of business situations, activities, and decisions where issues of right and wrong are addressed." more[...]
The concept of a green economy has become the new buzz word in sustainability discourses, particularly in light of the Rio+20 Conference. Because of the current economic crisis and the perception that sustainability politics cannot be implemented efficiently, politicians have set their hopes on greening the economy. However, in everydays work it turns out that it isn´t that easy. What are good strategies, solutions, examples? more[...]
Sustainability goals, such as those associated with the the post-2015 development agenda of the United Nations, have to be translated into new commercial products and services as well as different ways of making and delivering them that replace less-sustainable alternatives. This is the role for firms intending to profit from innovation while meeting sustainable goals. Sometimes these innovators are small entrepreneurial firms that see sustainable products as an ideal niche in which to start a new business venture. Sometimes these innovators are large firms that have identified opportunities where customers and/or technologies are new. Successful innovation at the firm level contributes cumulatively to industrial structural change in a process known as “creative destruction.” Through this process, a new paradigm can emerge, within which sustainable economic growth flourishes in an inclusive manner consistent with the goals of the United Nations post-2015 agenda. more[...]
Corporate social responsibility (CSR) has become firmly established in the business lexicon. Although some conversation partners still need to be reminded of what CSR really is and why it is important, most of them understand its value by now. Indeed, this leads to many different expectations for CSR, such that discussions around it today are shifting toward putting limits on the term and creating rules around it. Where does CSR begin? Where does it end? more[...]
Lobbyists paying elected representatives to place questions in the UK parliament. Arms manufacturers giving South African officials BMWs in exchange for armaments contracts. Smoke-filled back rooms featuring stuffed brown envelopes. No wonder lobbying has a bad name. But these are not images of lobbying: They depict corruption, albeit in a policymaking setting. These actions are morally suspect and usually illegal. They also contravene the UN Global Compact: Principle 10 requires the combating of corruption. In fact, lobbying is far more often about committee meetings, reports, and other unspectacular activities. Lobbying can be understood as the focused provision of relevant information, with the intention of influencing public policy or process. Corporate lobbying is not just important for companies; it helps create better public policies, and can therefore have real societal value, despite its bad press. more[...]
Lobbyists paying elected representatives to place questions in the UK parliament. Arms manufacturers giving South African officials BMWs in exchange for armaments contracts. Smoke-filled back rooms featuring stuffed brown envelopes. No wonder lobbying has a bad name. But these are not images of lobbying: They depict corruption, albeit in a policymaking setting. These actions are morally suspect and usually illegal. They also contravene the UN Global Compact: Principle 10 requires the combating of corruption. more[...]
From the very beginning, Ricoh has been energized by combining innovative products and services with a sustainable approach to business. The company’s founder, Kiyoshi Ichimura, nurtured a unique pool of thinkers who envisioned a world where business, society, and the planet are interconnected. For Ricoh, which is present in more than 200 countries and employs more than 100,000 people, it is a major challenge to share a consistent theme and to ensure a clear message that is understood everywhere. As a group, we have a regional framework whereby we connect to the collective imagination and creativity of all our people. To support Ricoh’s goals and meet social expectations, accurately and promptly, the Ricoh Group actively introduces internationally established CSR frameworks throughout its supply chain. more[...]
From the very beginning, Ricoh has been energized by combining innovative products and services with a sustainable approach to business. The company’s founder, Kiyoshi Ichimura, nurtured a unique pool of thinkers who envisioned a world where business, society, and the planet are interconnected. For Ricoh, which is present in more than 200 countries and employs more than 100,000 people, it is a major challenge to share a consistent theme and to ensure a clear message that is understood everywhere. As a group, we have a regional framework whereby we connect to the collective imagination and creativity of all our people. To support Ricoh’s goals and meet social expectations, accurately and promptly, the Ricoh Group actively introduces internationally established CSR frameworks throughout its supply chain. more[...]
As social and environmental issues change and become more complex, a new approach is required beyond the existing efforts of governments, NGOs, and corporations to tackle global challenges. In this regard, social enterprises are becoming significant players in bolstering global sustainability and addressing social challenges in innovative and sustainable ways. With the objectives of creating both economic and social value, social enterprises adopt managerial efficiency and market mechanisms in their social operations to offer more customized and efficient solutions that deliver larger and more sustainable impacts. more[...]
Nowadays, there is agreement within companies and the public that neither corruption nor other contraventions of national and international regulations are acceptable. Corruption causes an estimated economic harm of up to $4 trillion per year; the number of unreported cases and not quantifiable social harm through the erosion of trust and the economic systems is much higher. As is publically known, companies such as Wal-Mart, Monsanto, and General Electric were strongly sanctioned by government and society for their corrupt business activities. In times of financial crisis, a sustainable business model is more important than ever to ensure the necessary social acceptance and “license to operate.” more[...]
About Us // Privacy Policy // Copyright Information // Legal Disclaimer // Contact
Copyright © 2012-2018 macondo publishing GmbH. All rights reserved.
The CSR Academy is an independent learning platform of the macondo publishing group.