In 2016, we decided on six corporate responsibility goals. They mark out the path we have set for ourselves to achieve our CAP 2030 strategy and take into account the 17 Sustainable Development Goals (SDGs) laid down by the United Nations. Although the SDGs are not aimed directly at companies, we firmly believe that these goals cannot be met without the active contribution of business organizations. We fully embrace the global approach of the SDGs, while remaining aware that we are but one of the many actors in this movement. more[...]
The business case for sustainability is well established, with sustainable business leaders citing growth and new business opportunities as reasons for tackling sustainability challenges. more[...]
We recognize that CCC’s long-term success is directly linked with the existence of a prosperous global society and a greener environment. Therefore, we are committed to understanding how our growth can better interact with the welfare and development of the communities, ecologies, and economies in which we operate. We aim to increasingly embed the principles of sustainable development into our business. We go about this by incorporating sustainability values into strategic planning, training, and stakeholder engagement as well as by intensifying the implementation of sustainability measures. more[...]
Diese Checkliste hat das faire Wirtschaften zum Thema. Dazu zählen Fragen zu Korruption, politischer Einflussnahme, Eigentumsrechten und Fragen zur Lieferkette. more[...]
Dieser Beitrag beleuchtet eine Checkliste für Nachhaltigkeits-Programme. Im ersten Teil dieser Serie geht es um das Aufstellen einer generellen Strategie. more[...]
Having reached a decade plus in sustainability and business innovation, the Arab African International Bank (AAIB) has served as a leader in Egypt and the MENA region and a trendsetter in the financial sector regarding banking and finance sustainability. more[...]
To move forward, every company needs a compass – one that does not just orient the company to profit targets, but also to morals. Without this, one faces the threat of incalculable reputation risk, as currently can be seen at Volkswagen. But how does one get mission statements and role models up and running in a company? To answer this question, we spoke with Kai M. Beckmann, who works on the challenges of corporate responsibility within economic, legal and social realms (Governance, Risk & Compliance) at Roever Broenner Susat Mazars. more[...]
Private, voluntary sustainability standards are an innovative, market-based approach to promoting sustainable production and business practices. Adoption of these sustainability standards is intended to be voluntary: The standards are not created, run, or required by governments or government regulation. Instead, the system for voluntary sustainability standards are nongovernment initiatives that seek to drive sustainable production and consumption by creating a market demand for sustainable products, and a supply to meet that demand. They help buyers (both consumers and businesses) identify sustainably-produced products, and they guide producers, forest managers, mine and tourism operators, and factory owners and others in their choice of sustainable practices. more[...]
Corporate reporting is going through a fundamental change. It has been a common practice for responsible market participants to publish a sustainability report or corporate responsibility report in addition to the annual report in order to provide stakeholders with potentially relevant information. But trends from politics, economics, and society are currently leading to a changing in the reporting landscape. more[...]
One of the goals set out by REN (Redes Energéticas Nacionais) is to develop a more efficient, secure, and competitive energy system that provides everyone with energy at the lowest possible cost. However, the environment poses some of the greatest challenges. more[...]
Business ethics - some also call it corporate ethics - deals with moral principles and social values. It is based on the assumption that as an individual as well as organization you should act ethically. According to Andrew Crane, "Business ethics is the study of business situations, activities, and decisions where issues of right and wrong are addressed." 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[...]
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