Leadership

Should Government Legislate that Companies Must Disclose Information Relating to CSR?

Recently the European Commission adopted a groundbreaking CSR directive. It applies to 6,000 large companies with over 500 employees. Effective 2017, it directs them to disclose information on policies, risks and outcomes related to environmental matters, social and employee-related aspects, respect for human rights, anti-corruption and bribery issues, and board director diversity. This is a bold and sensible move by the EU and should be applauded.  

Now…what will Canada do?

Thinker

Canada reviews the Canada Business Corporations Act – where does CSR belong?

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Rethinking prosperity: it’s time to breakout of the box

If you want to understand why we are not making faster progress towards creating a more equitable society that operates within ecological limits, then it’s worth understanding the importance of the void.

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One of the core fears around our industrialised society, which we are largely refusing to face up to, is the belief that there is no credible alternative to the current global economic system, which is now undermining our prosperity and may even threaten our civilisation.

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Also posted in Business and Sustainability, Capitalism 2.0, Capitalism2.0, Jo Confino, new economy, The Hub | Tagged , , , , , | Leave a comment

Solving social problems and making lots of money…Richard Branson leads the way.

If there’s one thing you take away from this article it’s this: Have the courage to be bold and have fun when making money and doing good.

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It doesn’t matter if you are a large technology company deploying social purpose to drive a new business line, or a small social business start-up hoping to create the next healthcare innovation. The more courage you have to take risks, fail and innovate, the more you will get noticed and likely succeed.

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(REPORT) Moving Beyond Environment…how can business improve its social footprint?

social-value-businessHaving tackled their environmental footprint, more and more businesses are looking at how they can improve their social footprint. Progressive business are pursuing innovative approaches to enhance societal well-being. And there’s no time like the present given the scale of the social challenges ahead, challenges that will also have a bottom-line impact – rising income inequality, high unemployment, aging populations, food poverty and obesity. (The juxtaposition of food poverty and obesity is no mistake but that’s another story.)

These companies are pursuing initiatives that create business value while generating social value. However, they lack a roadmap to guide them on their journey. This was the inspiration for a new report: “Social Value Business Guide”.

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Also posted in Business and Sustainability, Business for Good, Capitalism2.0, new economy, Shared Value, The Hub | Tagged , , , , , , , , | Leave a comment

Enabling Future Leaders to Think Sustainably – Kruger Products Develops Education Program

Students of today are the leaders of tomorrow. We have an opportunity to teach them right from wrong, good from bad and demonstrate by example how a vision can translate into action and make a difference in the world.

Big Companies can Make Big Differences

This ideology is the driver behind many decisions Kruger Products makes in terms of sustainability and corporate social responsibility. “We know that when we reduce our emissions by 15% or commit to a cause, we can make more of an impact than an individual choosing to reduce his emissions by 15% or donating to a cause,” says Steven Sage, VP Sustainability & Innovation Kruger Products. Making a difference is something that Kruger Products takes seriously, which is why it embarked on Sustainability 2015, it’s five-year journey to reduce its environmental impact, in the first place.

Learn more about Kruger Products by visiting their Homebase Page in the TSSS Innovation HUB

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Also posted in CSR in Canada, Culture and Leadership, Innovation, Kruger Products, The Hub | Tagged , , , , , , , , | Comments closed
  • TSSS Event: Rethinking Prosperity: Government and Business Coming Together

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    Join TSSS on November 12th as a distinguished panel from  Government, Business and Academia converge to “Rethink Prosperity" and explore how business and government can work more effectively together.  Learn more >>

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