CSR Minute: IBM Announces New Grants for Employee Volunteer Efforts; New Study Finds Mandatory Sustainability Reporting Improves Corporate Behavior

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CSR Minute: IBM Announces New Grants for Employee Volunteer Efforts; New Study Finds Mandatory Sustainability Reporting Improves Corporate Behavior

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The CSR Minute is your daily video digest of the most relevant Corporate Social Responsible news of the day. Our team of 3BL Media correspondents tracks the global world of corporate social responsibility to bring you coverage of the most important announcements, initiatives, issues, trends, ideas, and breaking news.

Thursday, May 5, 2011 - 7:45am

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IBM has announced hundreds of new service grants to support employees’ volunteer activities. The new technology and cash grants expand IBM’s commitment to communities worldwide by 140 percent over last year. The Initiative is part of the company’s centennial year celebration.

A new study finds that mandatory sustainability reporting improves corporate behavior. The report, by researchers at the London Business School and the Harvard Business School, concludes: “sustainability reporting not only increases transparency but can also change corporate behavior.” The researchers applied an econometric model to data from 58 countries which have laws and regulations that mandate a minimum level of disclosure on environmental, social, and governance issues. The study also notes a widespread increase in reporting of non-financial information, mostly on a voluntary basis, over the last decade.

For more information on these and other stories, go to thecsrminute.com

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CAMPAIGN: The CSR Minute

CONTENT: Press Release