ESG due diligence remains a priority for dealmakers. In fact, respondents to the latest Global KPMG due diligence study report a rise in ESG priority in transactions over the last 12 to 18 months, despite challenges.
Today, Deloitte University Press issued “The Freedom Ecosystem – How the Power of Partnership Can Help Stop Modern Day Slavery.” The report, a collaborative effort between Deloitte and Free the Slaves, describes how the Freedom Ecosystem can use collective action to remove conditions that allow slavery to exist. The ecosystem is a cross-section of organizations from the private sector, civil society, government, funding community, and the broader public.
Owen Smith, director, energy policy and strategy, Center for Energy Efficiency & Sustainability (CEES) at Ingersoll Rand, a world leader in creating comfortable, sustainable and efficient environments, will join other thought leaders to share corporate perspectives on combating climate change at VERGE 2015 in San Jose, California. The conference runs Oct. 26-29, with Smith’s panel taking place from 4:30-5:30 p.m. PDT on Oct. 27.
Nearly 190 years of operations have informed, and transformed, CSX’s approach to citizenship. Today, the company holds a high standard of care in the communities we serve along both sides of our network’s 21,000 miles. CSX focuses its outreach efforts in four key areas that align with the business while also meeting real societal needs: safety, community, environment, and health and wellness.
In 2014, MGM Resorts employees logged 172,316 volunteer hours – the equivalent of 4,307 full-time jobs - with 850 agencies. Our employees volunteered throughout their communities in a variety of ways, including feeding the homeless in shelters, packing lunches at Ronald McDonald House and helping The Animal Foundation with pet adoptions.
The forthcoming 2015 Community Involvement Survey illustrates that many companies are addressing relevant social issues, with a prominent focus on K-12 education. The survey shows that nearly 55 percent of companies include education among their top issues for attention and investment.
To address environmental, social, and governance issues effectively, CSR professionals today must look beyond their own operations and deep into their supply chain. How and where are materials sourced? How are the components of products developed? What are the environmental and human rights ramifications of those processes? Issues as serious as child labor, conflict minerals, and climate change can only be effectively tackled when a company’s commitments to corporate citizenship and reporting are adopted by their suppliers and partners.
Over the past year, the debate about what actions should be taken to halt climate change has continued in earnest. Involvement from experts, religious leaders, companies, activists, and consumers has reached a fever pitch, and governments have responded.
Climate change is again trending as a topic within corporate citizenship and the larger business community. The release of Pope Francis’ encyclical, “Laudato Si” (Be Praised), which highlights the impact developed economies are having on our planet and our responsibilities to act, the Environmental Protection Agency’s (EPA) Clean Power Plan, and the upcoming COP21—the 21st Session of the United Nations Framework Convention on Climate Change—are creating a buzz.
The 2015 Cone Communications Millennial CSR Study gives an inside look into the unique attitudes, perceptions and behaviors of different Millennial segments when it comes to engaging with companies around social and environmental issues.
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