The Consumer Goods Forum is delighted to announce the following new companies have joined our global membership community and, in doing so, have confirmed their commitment to our vision of better lives through better business.
For the first time in nearly two decades, the company behind such ubiquitous and famous products as Windex®, Pledge®, Ziploc® and Glade® is updating its identity and putting a spotlight on its purpose by adopting a new tagline.
Unilever and Nestlé made waves in February when they became the first global food companies to publish their entire palm oil supply chains — both their direct suppliers and the mills that indirectly supply them. Palm oil is a key ingredient for many of the companies’ products, from margarine to candy to soap and shampoo; yet, it has been a thorn in the side of their zero-deforestation commitments.
The Responsible Minerals Initiative (RMI) and the Global Reporting Initiative (GRI) today announced a project to help improve companies’ minerals sourcing due diligence and impact reporting by providing reporting resources and tools based on internationally recognized frameworks.
Aflac, the leader in voluntary insurance sales at U.S. worksites, announced today that it has been named winner of PR News' 2018 CSR Awards and Nonprofit PR Awards for its Corporate Social Responsibility Report.
Until the past few years, our society has not expected corporations to act like exemplary citizens. But we are seeing hopeful signs that this could be changing.
If sustainability is so “in,” why aren’t more people buying ethically made clothes? The past few decades have changed the shape of the apparel industry. A few iconic media scandals over child labor and sweatshop labor have made Western shoppers sensitive to certain social responsibility topics. People are willing to pay 5 percent more for a product to ensure that it was made under ethical working conditions. The rise of conscious consumption has created new consumer markets in which labels like fair trade, organic and “made in USA” comingle and overlap.
Unilever CEO Paul Polman spoke at CECP's CEO Investor Forum in February about the need for prioritizing long-term value. While he's seen progress over the last decade, he has yet to have an investor ask him on an earnings call about topics like sustainability or diversity.
A leading media company is using its storytelling expertise to change sanitation and hygiene behaviours of beneficiaries in Mumbai slums; a transport finance company is training men and women to become truck drivers, providing them with livelihoods opportunities; an Indian conglomerate is implementing systemic socio-economic empowerment programs in villages around its factories. These are just some examples of how companies are implementing Corporate Social Responsibility (CSR) in India today.
Johnson & Johnson CEO, Alex Gorsky spoke at the CECP's CEO Investor Forum in February, discussing the importance of creating long-term value. Gorsky cited J&J's 75-year-old "credo" as a major source of inspiration to the company, measuring senior leadership's performance in an annual survey against this credo. "Credo sessions" and work through case study scenarios determine how to maintain the link between performance and ideals.
Vanguard chairman Bill McNabb believes that American public companies have been chasing short-term gains at the expense of long-term value for too long. McNabb is the co-chair of the CECP's Strategic Investor Initiative, dedicated to fostering a dialogue between CEOs and investors.
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