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.
Not long ago, companies were counseled to stay out of politics and social causes; “stick to business and you won’t offend customers or potential customers,” was thought to be the best route. Things have changed, partly owing to the millennial generation’s preference to buy from and work at companies that are responsible (see tables below). With millennials comprising 40% of the workforce by 2020, brands are correct to heed their voice.
This new ebook, “CSR 2020: Experts Look Ahead,” examines not only all the ways in which CSR has been evolving, but what companies will need to do in the next few years as expectations continue to increase.
Rachel Hutchisson, vice president of Corporate Citizenship and Philanthropy at Blackbaud, speaks with Jenny Lawson, president of Networks at Points of Light, about key trends affecting corporate engagement today.
Sustainable Brands® recently opened submissions for its internationally recognized startup business competition Sustainable Brands Innovation Open (SBIO). Co-sponsored by Makersite and the RISN Incubator at Arizona State University, the competition will culminate at SB’18 Vancouver, June 4-7, with venture finalists presenting their early operational plans to business leaders and investors in the Sustainable Brands community.
The non-profit MGM Resorts Foundation is gearing up for the 12th annual Women’s Leadership Conference (WLC) on August 27 and 28 at the MGM Grand Hotel & Casino in Las Vegas, NV. The mission of the two-day event is to provide women, and men who attend, the developmental tools they need to continuously advance their lives and careers.
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.
This Saturday, March 24th at 8:30pm local time, World Wildlife Fund’s Earth Hour will sweep the globe. Millions of people, cities and businesses across the world will switch off their lights for one hour to show support for taking action to fight climate change.
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.
Cascale shares updates on its strategic partnerships with industry stakeholders geared toward shifting the industry into one that gives back more than...
Corporate governance, risk management, operational integrity, and regulatory compliance are demanding challenges that companies face in today’s ever...
DP World delivers comprehensive automotive logistics capabilities including finished vehicle logistics with Cars in Containers (CIC) solutions, ro-ro...
