Provides an overview of CEO perspectives on progress to date, challenges ahead and the journey towards a sustainable economy. The report is based on an extensive study of nearly 1,000 Global Compact CEOs. (UNGC/Accenture, 2010) more[...]
Novethic analyses the investment policies of around thirty French and Northern European investors and draws up the major trends of norm-based exclusions practices which consists in excluding from portfolios companies that have been called into question because they have violated international conventions on social or environmental issues. Even it is gradually gaining ground in France, the process still involves a limited number of companies. more[...]
The global financial crisis of 2008 was a stark reminder of business’s role in society. When well governed and well led, the role of business transcends one of profitability for its owners and incentives for its managers. Its role is to create value for society. Profit is a means to an end, not an end in itself. Without profit, there is no growth, and without growth there is no development. But if business does not create value and instead divvies up the same pie over and over again for personal gains (remember the subprime mortgages, collateral debt obligations, and credit default swaps?), then it is bound to fail and cause havoc for society. more[...]
Nestlé believes that for a business to be successful in the long term, it must create value not only for its shareholders but also for society, including farmers who play a vital role in local communities across the world. Nestlé calls this Creating Shared Value and focuses efforts in three key areas: nutrition, water, and rural development. more[...]
In 2010, Nestlé entered into a two-year partnership with the Danish Institute for Human Rights (DIHR). The purpose of this collaboration is to ensure that the company’s responsibility to respect human rights is understood and implemented within Nestlé’s global operations, and that the learning from this work can encourage other companies to follow. more[...]
Success and failure are relative, of course, reflecting initial expectations and ambitions. In coining terms like “environmental excellence” (1984), “green consumer” (1986), or “triple bottom line” (1994), I was simply trying to help us all expand our minds for new possibilities. more[...]
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