Long gone are the days when acting in a socially responsible manner was optional. Consumers now demand it and expectations are shifting to include how companies can create social value for stakeholders across the value chain. The annual Harris Poll Reputation Quotient, which quantifies reputation ratings for the 100 most visible companies in the U.S., as perceived by the general public, provides a glimpse at how companies are stacking up in the changing corporate reputation landscape. In its latest study, U.S.
Carlsberg Group has pledged to eliminate carbon emissions and halve water usage at its breweries worldwide by 2030, as part of a new sustainability drive, launched today. The beer maker also intends to switch to 100 percent renewable electricity for its breweries by 2022, as one of several intermediate goals.
The Farm to Fork Disconnect
Nowhere is the disconnect between people and planet more evident than in our broken food system. For the vast majority of human history, people lived in rural communities shaped by the natural environment. The ebb and flow of seasons, the right amount of rainfall and its impact on the all-important harvest, dominated lives and livelihoods. But today, over half the world’s population lives in an urban dwelling and by 2050 this is predicted to increase to 70 percent. With the rise of sprawling mega cities comes obesity and its related health problems; with a shrinking and aging rural population comes poverty and malnutrition; in the meantime, the gap between the farm and our forks grows ever wider.
Cross-Posted from Business Case.
While telegraphed for days and choreographed down to the military band playing soft jazz in the background before the announcement, President Trump’s June 01, 2017 declaration that the U.S. will pull out of the Paris Agreement still jarred and dismayed.
To meet the growing demand for connectivity while managing emissions throughout the value chain, Hewlett Packard Enterprise (HPE) has launched the world’s first comprehensive supply chain management program based on climate science. The initiative will provide suppliers with the tools they need to develop a customized plan to reduce emissions and drive a global standard for supplier greenhouse gas engagement and reduction.
We jump-started an incredibly action-packed week here at SB'17 Detroit with powerful plenaries from thought leaders, researchers and on-the-ground change-makers working to Redefine the Good Life in Detroit and beyond.
Alipay parent company Ant Financial Services Group has released its first-ever Corporate Social Responsibility Report and committed to leveraging the company’s technology, partners and employees to tackle issues such as climate change, inequality and poverty.
The report includes the company’s progress update on Ant Forest, the in-app carbon tracking and tree planting initiative in Alipay, and Ant Love, its philanthropic platform.
The food industry is undergoing a major shift, with companies responding to growing consumer demand for transparency and products that put health and sustainability first. A new announcement from The Dannon Company provides yet another example of how brands are taking action and tapping into public-private partnerships to stay on par with the changing landscape.
Increasingly brands are turning to purpose as they realise that traditional marketing approaches are less and less effective among today’s consumers. Globally, 60 percent think that branded content is just clutter (Meaningful Brands 2017, Havas Media). Faced with seemingly endless product proliferation, they are choosing brands that offer more than just functional or emotional benefits. Instead, they are searching for a value proposition that makes a meaningful and authentic contribution to their lives and broader society.
Consumers are seeking brands that demonstrate a purpose that contributes to the creation of a better world.
It’s already been a busy year for Procter & Gamble – full of new milestones, goals and partnerships aimed at continuing to improve its products and operations along the entire value chain.
We caught up with P&G’s VP of Global Sustainability, Virginie Helias, ahead of her upcoming keynote at SB’17 Detroit, to hear the latest on the company’s progress on its multifaceted sustainability agenda.
A year after being suspended from the Roundtable on Sustainable Palm Oil (RSPO) and dropped by companies such as Unilever, Mars, Incorporated, Nestlé and Kellogg for clearing peatlands in Kalimantan, Indonesia, Malaysian palm oil producer IOI Group has announced plans to eliminate deforestation and exploitation throughout its supply chain.
Corporate social responsibility is stuck. When it emerged on the scene 20 years ago, businesses and other stakeholders had high expectations for what a focus on CSR could deliver. But the reality is that neither business nor society are on track to enable nine billion people to live well within the boundaries of the planet by 2050 - let alone 2030. There’s a lot at stake: Unless business collectively steps up to contribute substantively to embracing and achieving the Sustainable Development Goals, many business models will be at risk.
In its annual Environmental Responsibility Report, tech giant Apple has revealed ambitious new plans to develop a closed-loop model for its supply chain. To achieve this goal, the world’s second largest smartphone producer will focus on using only renewable resources and recycled materials and eliminating conflict materials from its value chain.
Following the announcement of its new store renovation initiative, CVS Pharmacy has revealed that it will be eliminating parabens, phthalates and the most prevalent formaldehyde donors in nearly 600 beauty and personal care products in its CVS Health, Beauty 360, Essence of Beauty and Blade lines. CVS Pharmacy will stop shipping store brand products that don’t meet these standards to distribution centers by the end of 2019.
Cross-Posted from Product, Service & Design Innovation.
Coming off a string of apparent strides toward recognizing the benefits of sustainability – including ratifying a shareholder resolution that commits the company to investing in a low-carbon future, earning a place on the Dow Jones Sustainability Index (DJSI) earlier this year, launching an online tool for low-carbon startups to access financing, and last month