Eurosif, the European Forum for Sustainable Investment, strongly supports the Proposal of the European Commission, for a Regulation making it mandatory for retail investors to be informed about how environmental, social and governance (ESG) concerns are taken into account in their investment, whether in a mutual fund or other investment-linked products. Eurosif believes that this Proposal represents a major milestone in terms of developing sustainability through European financial markets. more[...]
François Maon is Professor of Management at the Louvain School of Management in Belgium. more[...]
Philip Kotler is Professor of Marketing at the Kellogg University Graduate School of Management in Chicago, USA. more[...]
A new report finds the college and university endowments’ environmental, social and corporate governance (ESG) investments are less prevalent than often believed, particularly given their history as sustainable investing pioneers dating back to 1970s anti-apartheid campaigns. These findings are particularly surprising at a time when active incorporation of ESG factors into investment decisions is increasingly widespread among mainstream investors. more[...]
FSG, the nonprofit consulting firm which I help lead, has witnessed an amazing evolution in corporate philanthropy during the last 10 years. We have witnessed the unprecedented examination and gradual repurposing of corporate philanthropy. For anyone who cares about solving social problems, it has never been a better time to be part of the private sector. more[...]
Event sustainability management systems – Requirements with guidance for use, is suitable for ensuring that events, ranging from local celebrations to "mega events" such as the Olympic Games and Paralympic Games, leave behind a positive legacy. The standard is relevant to all members of the event industry supply chain including organizers, event managers, stand builders, caterers and logistics suppliers. more[...]
Having become a participant of the UN Global Compact in 2003, Groupe SEB is committed to respecting the Ten Principles of the agreement. For the Group, which has a presence in several continents, including Asia, it was necessary to find a tool capable of transforming this commitment in principle into a concrete reality. This would enable an evaluation of the manner in which these Principles were taken into account locally in each of the Group’s subsidiaries. Accordingly, in 2007 the Group adopted the HRCA Quick Check (Human Rights Compliance Assessment) – a self-assessment tool developed by the Danish Institute for Human Rights and supported by the United Nations. more[...]
This article suggests that when the phenomenon of standards and standardisation is examined from the perspective of organisation studies three aspects stand out: the standardisation of organisations, standardisation by organisations, and standardisation as (a form of) organisation. Following a comprehensive overview of existing research in these three areas, we argue that the dynamic aspects of standardisation are underrepresented in the scholarly discourse. Furthermore, we identify the main types of tension associated with standardisation and the dynamics they generate in each of those three areas, and show that, while standards and standardisation are typically associated with stability and sameness, they are essentially a dynamic phenomenon. The article highlights the contributions of this special issue to the topic of standards as a dynamic phenomenon in organisation studies and makes suggestions for future research. more[...]
Whilst corporate social responsibility has been much studied there is little evidence concerning the factors that encourage or hinder environmental, social and governance investment. Willam Rees takes the view that climate change, the failure of corporate governance contributing to the financial crisis and problems with the ethical approach of firms and wealth inequalities, particularly in developing economies, all point to the importance of corporate social responsibility in general and ESG in particular. more[...]
Arab African International Bank (AAIB) believes in the significance of conserving the global environment for future generations and realizes the major role it has to play regarding this increasingly important issue. AAIB was the first bank in Egypt and the second in the region to adopt the Equator Principles to appraise projects’ financing while taking into consideration the social, ethical, and environmental hazards. more[...]
With the design of the ISO 26000 norm, the ISO picked up suggestions proposed by their own consumer organizations pertaining to social responsibility in companies operating in global markets. ISO 26000 is not a management system standard. It is not intended or appropriate for certification purposes or regulatory or contractual use. more[...]
With the design of the ISO 26000 norm, the ISO picked up suggestions proposed by their own consumer organizations pertaining to social responsibility in companies operating in global markets. In June 2002, the consumer policy committee met to discuss this subject. In the run-up to this meeting, a report entitled The Desirability and Feasibility of ISO CSR Standards was created. The first ISO meeting was held in 2004 in Sweden and determined that the standard would not be a corporate social responsibility (CSR) but an SR standard. more[...]
In today’s corporate responsibility debate, so-called soft laws are omnipresent. They seem to be the best solution to combine a maximum of social responsibility with a minimum of public interference. Their rise is closely connected with the age of globalization. more[...]
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