Tag: CSR
Can ESG be saved?
There’s a storm brewing. We need to radically change the definition of governance if ESG is going to survive it.
Deutsche Bank appoints chief sustainability officer
Jörg Eigendorf will take up his role in September, handing over leadership of communications and CSR at the bank to focus on sustainability.
Financial reporting must show real impact—and costs—of ESG activities
To make ESG activities meaningful, IFRS and GAAP should feature data that is relevant to long-term corporate and societal value creation.
Firms with a strong CSR record are more likely to survive a crisis
Academics identify link between CSR and survival, showing that companies where CSR is a priority were less likely to delist in the pandemic.
Good governance boosts companies’ CSR performance
Study concludes that “corporate board reforms… appear to have a positive spillover for non-financial stakeholders”.
Local CEOs ‘spend more on CSR in their communities’
Chief executives who lead firms located within 100 miles of their birthplace undertake more CSR activities than non-local CEOs.
When corporate social responsibility is mostly for show
Under pressure to be good corporate citizens, politically endorsed firms in emerging markets often choose philanthropy over adopting greener practices.
Governance week: Covid business models, CEO pay, CSR, McDonald’s scandal
Business models in the pandemic; shareholder attitudes to CEO pay; incentives for CSR and former McDonald’s CEO’s workplace relationships.
Black Lives Matter: US corporates speak out
Companies are increasingly willing to take a stand on social and political issues. But experts warn that words must be backed up by policies.
Net effects of mandatory CSR reporting ‘difficult to assess’
Academics warn that introducing mandatory corporate social responsibility (CSR) reporting rules could have “unintended consequences”.