Auditing, codes of conduct and presenting the ‘business case’ to suppliers is not enough. Actually changing the business practice of suppliers requires more than platitudinous statements of commitment. In this section we look beyond compliance at how to develop suppliers and induce real change of managerial practices for improved productivity, responsible use of labour, greater environmental performance and creating long-term reliable supplier bases. more[...]
Companies invest a great deal of effort in putting written principles and value systems into practice. This might be in relation to customer orientation, openness, respect, or honesty, for example. If they are to become orientation points in everyday practice, they must be implemented and made routine by means of guidelines, processes, incentive systems, and other organizational measures. But this is only the first step. Leadership behavior, the example set by top management, and clear communication of the culture of values are of the essence. 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[...]
As a founding member of the UN Global Compact in 2000, we strongly support the role of the UN Global Compact as a peer-learning and dialogue platform. By combining high-level commitment with hands-on learning at the local level, the UN Global Compact has gathered experience with concrete best practices in the area of sustainability, and it has a unique competence in the field of facilitating multistakeholder dialogue and projects. more[...]
Transparency may not be the first thing that comes to mind when a fashionista gasps in awe at a stunning fur creation on a Paris, New York, London, or Milan runway, but transparency is a central value in consumer consciousness. As a fur auction house, Saga Furs promotes innovative transparency: upstream at farms where the company sources only quality European-produced pelts, and downstream among partners in creative phases resulting in fashion. more[...]
Transparency may not be the first thing that comes to mind when a fashionista gasps in awe at a stunning fur creation on a Paris, New York, London, or Milan runway, but transparency is a central value in consumer consciousness. As a fur auction house, Saga Furs promotes innovative transparency: upstream at farms where the company sources only quality European-produced pelts, and downstream among partners in creative phases resulting in fashion. more[...]
The technological expertise that the company has been cultivating for more than a century is crucial to the security of people, goods, and information. Thales is therefore in a unique position and has a particular responsibility to its stakeholders and to society at large. more[...]
The technological expertise that the company has been cultivating for more than a century is crucial to the security of people, goods, and information. Thales is therefore in a unique position and has a particular responsibility to its stakeholders and to society at large. 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[...]
The Middle East and North Africa (MENA) Transition Fund recently received $37.7 million from Canada, the United Kingdom, and France to support good governance, sustainable growth, and greater employment opportunities for youth. more[...]
Although attention to corporate social responsibility (CSR) issues is wide-spread in the United States (US), laws regarding compliance with CSR standards and disclosure of CSR practices in the US lag behind that of other countries. Countries such as Sweden, Denmark, France, the Netherlands, the UK and others have mandated the disclosure of corporate social responsibility data.[1] more[...]
Leading electronics companies are making progress in eliminating conflict minerals from their supply chains, but still cannot label their products as being conflict free. Since Enough’s last corporate rankings report on conflict Minerals in December 2010, a majority of leading consumer electronics companies have moved ahead in addressing conflict minerals in their supply chains—spurred by the conflict minerals provision in the Dodd-Frank Wall Street Reform and Consumer Protection Act and growing consumer activism, particularly on college Campuses. Most firms have improved their scores from the 2010 rankings, but some laggards still remain. more[...]
Novethic conducted this study to assess the quality of CSR reporting of the largest European banks and insurance companies. By comparing the type of information provided by these key economic players on the Environmental, Social and Governance (ESG) aspects of their businesses, we can see how they are reacting to the scrutiny. more[...]
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