The CSRD (Corporate Sustainability Reporting Directive) in the EU reforms and significantly expands the reporting obligations of companies. It extends the reporting requirements and makes it compulsory for big to small and medium-sized enterprises based on a harmonized reporting.
On July 13, 2005, WorldCom CEO Bernie Ebbers, who had been convicted of fraud and conspiracy four months earlier, was sentenced to a 25-year prison term. It was the largest accounting scandal in US history, until Bernie Madoff’s Ponzi scheme was uncovered in 2008. I remember Ebbers’ sentencing well, because I had just joined the faculty at the University of Michigan’s Ross School of Business and was struck by the fact that no one was talking about it. Ebbers was a man that would have been held up as a model of success for our students, building the second-largest long-distance phone company in the country. But now he was a disgrace.
PepsiCo will fund startups to learn how they do business and stay on top of the hottest food trends. The company announced on Thursday that it is launching a North American accelerator program to help food and beverage startups grow.
From industrial engineering to consulting, Alternative Apparel's CEO, Evan Toporek, talks about making the move to Alternative Apparel to satisfy his entrepreneurial spirit. After 20 years, the brand has seen many milestones, including the most recent, joining the Hanesbrands family.
Sustainability is no longer a little-known cause pushed by a small group of activists. The environment is officially a major player in the drinks industry, factoring into the calculations of big brands. Bacardi is one heavyweight producer leading the charge. The company officially released the results of their three year push towards sustainability and admittedly, it’s pretty impressive. Pushing ahead, Bacardi also announced some ambitious goals to keep up the momentum.
Nespresso announced today a long-term investment plan to revive Zimbabwe’s coffee industry and stimulate the rural economy.
The company will provide training and technical assistance to 400 smallholder coffee farmers over the next five years, with the goal of increasing the country’s production of quality sustainable coffee.
How do we quantify the positive social and environmental benefits of using Dell technology? How do we quantify the negative impacts? And how do we compare the two? We’ve been diligently pursuing the answers to these questions as we work toward Dell’s biggest 2020 Legacy of Good goal: By 2020, the good that will come from our technology will be 10x what it takes to create and use it.
JetBlue today announced the opening of the application period for the next round of its BlueBud business mentoring program. BlueBud offers innovative environmentally and socially responsible companies a unique opportunity for business mentorship and access to JetBlue’s senior leaders and unique product development culture. Applications are currently being accepted here through September 30, 2018.
As New York’s Hometown Airline®, JetBlue’s BlueBud program has historically focused on sustainable and pioneering food brands based in New York. However, as the largest carrier in Boston, JetBlue is extending the opportunity to small businesses in the greater Boston area for the program’s fourth year. JetBlue is also extending the focus beyond just budding food and beverage brands.
I have been asked more than once if I thought the topic of brands taking stands on the big issues of the day is a trend that will eventually run out of gas. My answer is always the same: Get used to it. This is a movement, not just a meme of the current overheated political moment.
Announced in early 2014, Good Spirited was an ambitious environmental sustainability initiative with specific goals in sourcing, packaging, and operations to be achieved by 2017 and 2022 -- under the vision to return to the environment at least as much as we take away. Significant reductions have been achieved in greenhouse gas emission (GHG) intensity (59%) and water usage (50%), as well as Zero Waste to Landfill targets. In addition, the original sourcing goal to obtain 40% of sustainably sourced sugarcane-derived products used to make BACARDĺ® rums were not only achieved but more than doubled.
The Verizon Foundation serves as an incubator for exploring how our technical and human resources can be applied in new ways to the practical concerns...
