The Business Case for Generating Mutual Value

The correlation between responsible business practices and profitability has become increasingly apparent as communities, governments and employees hold companies accountable for generating mutual value. Defining that value in relevant terms is equally important – and accomplished through long-term relationships with stakeholders.

T. Rowe Price Releases 2015 Corporate Social Responsibility Summary

T. Rowe Price’s 2015 Corporate Social Responsibility Update details the firm’s efforts to promote financial education, reduce its environmental footprint, and empower associates to have an impact in their communities. Among the firm's accomplishments last year, T. Rowe Price:
• Reached more than 1.5 million people through the firm’s financial education websites, online games, exhibits, apps, and programs
• Reduced landfill waste by 80% since 2010
• Activated more than 7,000 solar panels on its Maryland Campus
• Amassed more than 57,000 associate volunteer hours
• Distributed $8.2 million in direct grants and associate matching gifts through the T. Rowe Price Foundation

NAEM Introduces Career Stage Benchmarks for Individual EHS & Sustainability Leaders

Today NAEM announced it is making its career benchmarking data more accessible to those corporate EHS and sustainability leaders who want to see how their salaries, skills and career ambitions compare with their peers.

‘Eco’ Locomotives, ‘Sleeper’ Plug-In Heaters, and ‘Slugs’ Add Up to Lower Emissions for Norfolk Southern

Norfolk Southern considers it a corporate responsibility to mitigate the environmental impacts of rail operations. Because the consumption of locomotive diesel fuel makes up about 90 percent of the company’s carbon emissions, NS has adopted strategic initiatives to reduce fuel use, which lower business costs and environmental impacts.

Pause, Process, Proceed: Norfolk Southern Makes Safety Personal

Employee safety is Norfolk Southern’s No. 1 priority. In 2015, Norfolk Southern introduced “Risk Factor” training workshops that help operations employees recognize and safely manage risks they encounter daily.

Water Utilities Show High Aspirations Toward Reducing Energy or Achieving Energy Neutrality

Water and wastewater utilities in the U.S. have high aspirations for energy reduction goals, or even moving toward energy neutral operations, but barriers are plentiful. Fortunately, approaches are being developed that can help system operators make significant progress in overcoming these obstacles.

Europe Assesses Chemicals Legislation; REACH Moves Away from Animal Testing

The European Commission is currently implementing a fitness check as part of its broader goal for better regulation – “designing policies and laws so that they achieve their objectives in the most efficient and effective way possible.” Better regulation ensures that EU policies are relevant, policy-making is informed by evidence, and that stakeholders are a part of the process.

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