Here is another breakthrough corporate CSR idea; How about paying employees at least a fair living wage? My last blog suggested A Wild and Crazy Corporate CSR Idea: Pay Your Taxes.
At the risk of being overly innovative by simply stating the obvious, I humbly suggest a second breakthrough corporate social responsibility (CSR) program: pay all employees at least a Living Wage. Otherwise, corporations may be setting themselves up for public embarrassment, like the report that went viral last October about how McDonald’s US pays its workers below-poverty-line wages while its “McResource” employee help line encourages them to use food stamps and government assistance to make ends meet. That is, McDonald’s wants the government (a.k.a. tax-paying citizens) to top up their paltry workers’ wages. Awkward. McDonald’s has since discontinued its McResource.
No one enjoys paying taxes. You don’t. I don’t. Companies don’t either. But it’s our civic duty. Without tax revenues, governments cannot provide us with the health, education, safety, security, and infrastructure services that are vital to our well-being in a flourishing society. Taxes are a necessary and a good thing. Corporate taxes are vital. However, over the past 50 years, the share of tax revenue coming to the federal government from business has collapsed. According to the U.S. Tax Policy Center, corporate taxes represented 32% of U.S. federal government revenues in 1953; 23% in 1966; 12% in 1998; and 9% in 2010. There seems to be trend.
Posted in Business and Sustainability, Capitalism 2.0, Ethics, Sustainability Reporting, Thought Leader Also tagged csr, methodologies, rankings, tax avoidance, tax evasion, tax evasion and csr, tax havens, taxes
Every so often in life you take part in a unique and transformational experience. On September 11th in Toronto, an inspiring group of individuals representing a who´s who of organizations working to help business achieve breakthrough sustainability performance came together to create such an experience.
They were invited to explore an issue of importance to all of us there, but that we knew could not be solved by any of us alone. It would require collaboration. Here is the issue in a nutshell:
Posted in Business and Sustainability, Capitalism 2.0, Organizational Change, Organizational Culture, Sustainability Metrics Also tagged Canada, cbsr, collaboration, ESG, GlobeScan, mars, natural step canada, sustainability gold standard, sustainable business model
At the third annual Sustainable Brands NewMetrics Conference at the University of Pennsylvania in September, the need for next-generation sustainability goals — which measure progress toward real-world goal-lines such as carbon budgets, water tables, and living wages — emerged as a key theme. To dig deeper, NewMetrics channel co-curator Bill Baue discussed this question of “endzone” goals with prominent voices in the field, including Allen White, of the Global Initiative for Sustainability Ratings; Andrew Winston, author of the forthcoming book, The Big Pivot; SustainAbility CEO Mark Lee, and others.
Posted in Business and Sustainability, Communication, Interviews, Leadership, Organizational Culture, Sustainability Metrics, sustainability trends Also tagged circular economy, Communications, csr reporting, Employee Engagement, leadership, Media Communicating Sustainability, metrics, new metrics, Org Culture, stakeholder engagement, sustainability, The New Sustainability Advantage