With the integration of Cognis and its active ingredients business, Laboratoires Sérobiologiques (LS), BASF has broadened its product portfolio based on renewable raw materials in the last years. One of renewable raw materials is Argan oil from Morocco. more[...]
The aviation industry’s share of global emissions of anthropogenic CO2 is around 2 percent, which is partly due to the continued growth of air transport. Since 2007, Air France-KLM has been implementing a “climate plan” – a strategy to aggregate the actions already undertaken within the Group in addition to further actions to fight climate change. more[...]
Global youth unemployment stands at record levels and significantly outstrips that of joblessness rates for other age groups. Everywhere you look, the numbers are deeply troubling. The latest statistics from the International Labour Organization put the global youth unemployment rate at more than 81 million workers – 40 percent of the total unemployed. The developing world, with generally younger populations, is disproportionately affected. According to the ILO, the highest regional youth unemployment rates exist in the Middle East and North Africa, where close to one out of every four young people are out of work. more[...]
People in over 150 countries all around the world – including men and women of many different backgrounds, individual lifestyles, and generations – are working for Bosch. This diversity brings real benefits for our company, and it is essential for our successful business performance in the long term. Numerous studies have shown that increased diversity leads to more innovation, better problem-solving, and greater creativity. more[...]
Like most other countries across the globe, Korea has many issues to tackle regarding the widening gap between education and wealth levels. To narrow the gap, SK has enacted a wide range of social activities as well as made efforts to drive economic growth as a responsible corporate citizen. But in the process of undertaking such activities, SK soon realized that simple acts of charity are not enough to find an efficient solution to the deep-rooted malaise in society, and that a social enterprise can be a mechanism to address pressing issues and create sustainable values. As the first step toward utilizing such a valuable tool, SK raised KRW 50 billion in 2009 to support social enterprises on a large scale. more[...]
More than ever, strategic decision-makers are expected to develop sustainable long-term strategies for their public or private organizations. Strategic foresight systems support decision-makers in systematically improving the quality of their future assumptions, strategic decisions, and plans. This article summarizes the most important mechanisms of support, presents three distinctive types of foresight systems and widely used methods, and explains how strategic foresight is anchored in actual day-to-day practice. more[...]
Business as usual is no longer an option! There is a growing realization among more and more politicians, businesses, and members of society that things cannot continue as they are. The number of challenges and issues that must be tackled and dealt with at a global level is enormous, viz.: human-induced climate change and the search for ways to develop a low-carbon economy; rapid population growth in developing and newly-industrialized countries; questions surrounding which fuels can be used in the energy mix to meet growing demand; and the distribution of food and raw materials. Then there are also basic social questions about how to ensure that wealth is fairly distributed, how to overcome the persistent poverty in the developing world that results from the pillaging of natural resources, and how to encourage civic participation in political and economic decision-making. more[...]
In this article we want to give our answer to the question about if and how corporate foresight can increase the likelihood that we move toward sustainability – both on a company and a societal level. Before entering into the discussion of what corporate foresight can do, let us highlight some of our observations on what is holding us back from engaging in sustainability actions, and thus creating sustainability of the necessary trajectory, scale, and velocity to actually meet the societal challenges. more[...]
Corporate Community Involvement offers the first-ever roadmap to strategic community involvement. Building on their extensive experience, Nick Lakin and Veronica Scheubel have designed this book to be practical—for those who want to act upon what they read. more[...]
To be successful, corporate sustainability leaders avoid the jargon of sustainability when selling it inside their companies. Rather, the path to success is developed by understanding business objectives and using broad interpersonal skills to communicate social and environmental issues in the language business leaders will understand, according to a new report that surveyed more than 30 sustainability leaders representing both publicly and privately held companies. more[...]
Labaton Sucharow LLP announced the results of its survey of 500 financial services professionals across the United States and United Kingdom. Conducted by Populus in June, Wall Street, Fleet Street and Main Street: Corporate Integrity at a Crossroads reveals startling data on corporate ethics, the regulatory landscape, and individuals' willingness to blow the whistle on wrongdoing. more[...]
Joëlle Vanhamme is Professor of Marketing at the Edhec Business School in France. more[...]
A Stakeholder Approach to Corporate Social Responsibility provides a comprehensive collection of cutting-edge theories and research that can lead to a more multifaceted understanding of corporate social responsibility in its various forms, the pressures and conflicts that result from these different understandings, and some potential solutions for reconciling them. more[...]
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