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Social Responsibility News
| 8.21.2010 |
Just Means |
Recycling as Part of a Small Business CSR Strategy
Recycling is an important part of any corporate social responsibility (CSR) initiative as its environmental impact can be huge, according to a survey by UK recycling and waste experts. It makes not only good environmental sense to include recycling as an important part of CSR practice, but it is politically advisable in light of the changing regulatory environment, experts noted.
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| 8.20.2010 |
Computerworld |
Is ERP Ready for Corporate Social Responsibility?
With the publication of ISO 26000, a standard for corporate social responsibility (CSR) based on the United Nations Global Compact, executives now have a reliable blueprint for action. But the standard prompts the question: to what extent is enterprise technology up to the task of documenting CSR initiatives? Enterprise Resources Planning (ERP) can address some current elements of ISO 26000, but has a way to go to address challenging areas like the environmental requirements of this critical new standard, experts say.
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| 8.8.2010 |
USA Today |
Companies Donate Employees' Time, Service Instead of Cash
Not surprisingly, the recession had a dramatic impact on corporate donations to non-profit and other organizations, according to a Chronicle of Philanthropy-USA Today survey, which found a growing trend of companies donating their employees' time, advice and service instead of cash. For many companies surveyed, non-cash contributions such as computer equipment, software and other products and services accounted for more than 50% of their total charitable contributions. In the past few years, volunteer work has gone beyond the soup kitchen to include skills-based programs that allow employees to donate not only their time, but their talent.
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| 7.19.2010 |
Modesto Bee |
Employees at Corporations Create a Chain of Inspiration
Businesses that establish corporate social responsibility programs find that their employees will explore new ways of changing lives for people they've never met. The actions of employees will likely impact the people who are helped who, in turn, might end up doing something to spread the kindness and generosity. If multiple companies take this approach, it would be nearly impossible to predict how many good deeds will take place between total strangers.
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| 7.9.2010 |
Forbes |
Imaginative CSR Campaigns Mean Aligning Values with the Greater Good
Corporate social responsibility (CSR) means companies aligning their values with a greater good and taking action to have a positive effect. They often do so through "cause marketing," joining forces with non-profit organizations and focusing ad campaigns on philanthropic relationships. More companies than ever are flaunting their good works through CSR because they realize that their employees want to be part of a business that does more than just make money, experts say. CSR marketing also helps attract customers who may be more loyal because of shared values and beliefs. Every CSR effort must be genuine, however, or people will spot its phoniness.
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| 7.8.2010 |
Reuters |
Study: A Commitment to CSR Makes for Committed Employees
The more committed a company is to its corporate social responsibility (CSR) initiatives, the more engaged and committed their employees are likely to be to the company, according to a new study by the Center for Creative Leadership. The report found that a company's CSR programs are directly linked to an employee's devotion to an employer; and employee attitudes regarding their company's CSR activities did not change because of economic hard times.
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| 6.15.2010 |
Next |
Social Investment: The Fundamentals of CSR
Corporate social responsibility projects for giving back to communities are as varied as companies are diverse. Such efforts demonstrate that business enterprises are committed to improving conditions for people who reside in their area, making a positive impact on the local environment and generally “doing good.” Self-enlightenment plays a role, as investing in communities and people ensures the longevity of the companies, but true CSR goes beyond self-interest. Investment in the local community illustrates that a business has acknowledged that it will not be passive, but will be involved in making positive change.
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| 6.7.2010 |
Nasdaq |
Concept of Corporate Social Responsibility
The concept of corporate social responsibility (CSR) has gained widespread support and acceptance in the business world in recent years. A persistent problem, however, is that CSR is far too rarely considered a strategically important element of a business. Fortunately, companies are beginning to map out a new form of CSR where companies are no longer just wrapping environmental or social policies around their businesses, but are embedding them deeply in their core operations; so deeply, in some cases, that corporate responsibility may eventually cease to be a separate, discernible function and become simply part of the way the company does business. A common factor among those companies at the cutting edge of CSR is a belief that becoming a consciously responsible company is no longer optional; it's essential.
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| 6.4.2010 |
Forbes |
Clarifying Corporate Responsibility: Capturing and Sustaining Value
Corporate leaders have an undeniable obligation to create a favorable return for stakeholders, while overall external responsibilities require making corporate social responsibility (CSR) a value creator for the company – socially and economically. A challenge is that many business benefits created by a CSR strategy, such as improved employee motivation, corporate reputation and better community relations, are intangible: difficult to measure and quantify. Although CSR is still a voluntary activity for many businesses, it’s one that is increasing in importance and commitment across all industries and leadership levels.
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| 5.14.2010 |
Environmental Leader |
Sustainability Pays Real Dividends
CEOs should embrace sustainability not merely for the public relations benefits, but because it delivers real, measurable cost savings, writes the CEO of a sustainability consulting business. “Sustainability plans are not a response to climate change. They deliver short-term operating efficiencies such as energy cost reductions and brand benefits are quickly achieved with small investments in renewable energy or reduced packaging.”
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| 5.13.2010 |
United Nations |
U.N. Highlights Importance of Recycling Specialty Metals
Specialty metals such as lithium, neodymium and gallium that are crucial to building such clean tech equipment as wind turbines and fuel cells are not being recycled enough to meet the rising demand of the clean energy sector, according to a new report by the United Nation’s Program on the Environment. The report notes that despite the increasing global demand for these metals, only about 1 percent of this material is currently being recycled when devices in which they were being used reach the end of their life.
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| 5.11.2010 |
Forbes |
Does a Company’s CSR Record Matter to Job Seekers?
A columnist for the magazine’s CSR blog wonders aloud if employers should pay more attention to building the kind of socially responsible corporate cultures that will attract the best and brightest, now that the job market is beginning to recover. “Employers must ask, are job seekers or job changers actively looking to work for a company that makes corporate responsibility an inherent part of their company culture? And if they are, what factors help workers make that decision?”
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| 5.11.2010 |
Bloomberg Businessweek |
The Art of Corporate Listening
The magazine takes a look at how three iconic companies—Wal-Mart, Coca Cola and Ford—have listened closely to criticisms of their business practices, and instituted real changes that have significantly enhanced their global reputations. “There is little in traditional business practice to help a company observe and react appropriately to outside social interests. Doing so requires a new discipline.”
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| 5.10.2010 |
Green Biz |
CSR Reports Need to be More Engaging
Corporate Social Responsibility annual reports, once the exclusive province of deeply green organizations, have become relatively common in recent years. But experts say that too many of them still fail to really engage the audience. One recent consultants’ report took a closer look at 60 companies in 13 industries that have done a good job of CSR reporting.
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| 4.19.2010 |
Huffington Post |
Are We Seeing the End of 'Corporate Philanthropy'?
The immediate beneficiaries of corporate philanthropy are looking for more from their corporate partners than simply financial and product support, experts say. While "off the shelf" support will continue to play a role, increasingly partners want access to knowledge and expertise that will help them formulate and implement their programs and develop broader organizational strategies. Companies also realize that there is more to be gained from engaging in philanthropic activities than simply enhancing their corporate reputations. Through correct partner selection and careful management, relationships can be used to drive innovation, enhance expertise and strengthen business relationships, experts said.
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| 4.16.2010 |
AScribe Newswire |
2009 Saw Record Decline in Foundation Giving, According to New Foundation Center Study
The recent economic crisis caused the nation's more than 75,000 grant-making foundations to cut their 2009 giving by 8.4%, the largest decline ever tracked by the Foundation Center, with grant dollars falling to $42.9 billion. Corporate foundation giving decreased 3.3 percent to $4.4 billion in 2009, increasing the significance of finding new ways for businesses to help community organizations. Redemtech believes it is important to establish a business case for donation as part of a company’s IT disposition strategy and enlist the stakeholder to help quantify the benefits of philanthropy.
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| 4.16.2010 |
Business7 |
Making Sure Business has a Future
Corporate social responsibility (CSR) is a term often used in business to cover the good works that a company and its employees perform to make a positive difference in communities. New sustainable business frameworks are beginning to update the CSR model, which has developed in the past few years for several reasons, including environmental progress, as well as national and global trends. Sustainable business is the concept that truly includes the health of the business itself, along with the triple bottom line areas of economy, environment and society.
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