Trade can support sustainable development in the global economy. Ruediger Senft, Head of Corporate Responsibility at Commerzbank, argues that banks can therefore be a major part of the movement toward a sustainable future. more[...]
At Bosch, a sustainable approach to doing business is an established part of corporate strategy. Since the company was founded, its activities have reflected the wishes of its founder, Robert Bosch, who was committed to contributing to social well-being and strongly believed in the principle of ethical business. That sense of social responsibility is still reflected in the actions of Bosch associates today, for instance when it comes to the integration of refugees. more[...]
The cultural development activities of Banca Popolare di Sondrio have always focused on the needs of its home territory, where the bank has its “head, heart, and roots.” The objective has been to promote and highlight the many cultural and social aspects of the area, as well as its natural beauty and the resources that inspire human creativity. more[...]
Digital integration will play a central role in the modern production plant over the next few years: The “factory of the future” – also known as Industry 4.0 or the Smart Factory – not only increases the ability of machines to control processes faster and more efficiently; it also results in greater integration of machinery and humans. more[...]
Armacell is setting new standards for the FEF technical insulation industry and defining the role of Environmental Product Declarations for the insulation market and for safe and energy-efficient green buildings. more[...]
The “sharing economy” is today’s buzzword for Silicon Valley’s most recent batch of billion-dollar companies. So ring the headlines: $51 billion valuation for Uber; Chinese ride-hailing business Didi Kuaidi raising $4.42 billion; AirBnB valuation $10+ billion. In the last three years, the world has embraced this idea of the sharing economy. Who would have thought that a 23-year-old part-time student tooling around in her Prius would disrupt the transportation industry? Or that renting out your spare bedroom with the Star Wars sheets could make you part of the largest hotel network in the world? more[...]
Tired of being told the circular economy is just a fancy term for recycling that will cause profits to slump? Here’s how to fight back. more[...]
Our world is facing a crisis cubed: Jobs are disappearing faster than they are being created; companies are struggling to attract people with the right skills; and people rightly worry how new technology will threaten their livelihoods. more[...]
If we are to take the Paris Agreement on climate change seriously, growth-driven society is on the way out. But greed is part of the human condition, and no one knows what life without growth would be like. more[...]
Is a sustainable company more innovative or, vice versa, is an innovative company more in favor of sustainability? And is there any link between innovation and CSR? Two notable academic studies help us to answer these questions. The first one is from Rui Shen, Yi Tang, and Ying Zhang and was published as a Harvard Business School Working Paper in 2016 using a sampling of 3,315 publicly-listed US firms from 2001 through 2011. The second study was conducted by Xinghua Gao and Yonghong Jia, both from Governors State University, Illinois, and published in September 2015. To better understand how different aspects of CSR influence corporate innovation outcomes, the authors examined five social dimensions: community, diversity, employee relations, the environment, and products. more[...]
Economics wunderkind Joseph Schumpeter (1883-1950) rought us concepts such as “innovation,” “venture capital,” and “corporate strategy.” But above all he is the father of the concept of“creative destruction”. He enriched the three classic factors of production – land, labor, and capital – with an essential fourth dimension: entrepreneurship. more[...]
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