This week on ESG Talk, we’re reaching back into the vault to share one of our most popular episodes from season one. Si-Yeon Kim, former chief risk and compliance officer and executive chair of ESG at American Express Global Business Travel, joins Workiva's Mandi McReynolds.
National Geographic's Mike Libecki challenged the Dell team to become part of the journey to open a technology lab for an orphanage in a very remote area of Anruchal Pradesh, Eastern India.
In the past, “The CEO rule was basically keep your head down, stay out of complicated issues, because there were opinions on both sides of any issue,” Lawrence Parnell, program director at the Strategic Public Relations Program at George Washington University told the Wall Street Journal.“It’s no longer a question of if, but where, when and how to engage on these issues and what type of topics to engage on. These are new challenges and things CEOs and boards never had to deal with before, so they are struggling.”
Back in the day, corporate strategy meant defining a business mission and describing how those goals were to be reached through business practices. Today, setting a viable strategy means including many factors once considered outside the scope of traditional business planning. Brands are taking stands on multiple issues, from public, cultural questions (climate change, immigration, gun violence) to internal issues (diversity, ethics, harassment, gender pay gap).
Responding to the devastation caused by Hurricane Harvey, Hallmark matched employee donations to the American Red Cross of $35,000 at its headquarters in Kansas City, Missouri, and $4,000 at Crayola in Easton, Pennsylvania. Additionally, Hallmark Gold Crown stores across the U.S. accepted donations from their valued consumers through year-end, totaling $28,000 for the Red Cross.
Hallmark earned recognition in 2017 by Forbes and Statista as one of America’s Best Employers and by Forbes and the Reputation Institute as one of the top five Most Reputable Companies in the United States.
Investors care about how companies are advancing the UN Sustainable Development Goals, but businesses don't always report the right information. GA new publication by the Global Reporting Initiative, Principles of Responsible Investment and the UN Global Compact issues 10 recommendations for businesses to meet investor needs in reporting on their SDG progress.
Today’s question for corporate CEO’s: Have you examined your company’s “Total Impact Valuation,” a new approach being advanced by The Conference Board, wherein the enterprises’ impact on society is monetized (cost/benefit evaluated and value attached)?
A small group of companies is doing these exercises. Think of their efforts to date as expanding the usual reporting of “Input/Output” to seriously consider (1) Outcomes, (2) Impacts, (3) Cost and Benefit to Society (and to the company).
This appears to us to have the potential to take corporate sustainability reporting to expanded (new) levels for at least the publicly-traded large caps - that is, if enough investors jump aboard the concept and ask for the information.
CIT Group Inc. today announced the results of its annual employee volunteer initiative, CIT Cares Month. Throughout June, more than 250 community projects were completed by 1,900 volunteers over 7,300 hours across 18 locations to make a difference.
To promote digital fluency in the next generation, the Digital Eagles US team successfully co-ordinated and ran monthly coding sessions for students at schools across New York and New Jersey. T
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