Tag archives for corporate governance - Page 8
I recently interviewed Dessislava Todorova, the Editor in Chief at CSR Bulgaria, while I traipsed through the Balkans several weeks ago. She was the runner up in the Global Reporting Initiative’s case study competition, and has emerged as a leading voice of CSR in Bulgaria.
I have a challenge out there: how can you capture what is so important about corporate governance, corporate social responsibility, or for our European pals, ESG (environmental, social, and governance) in a single Tweet? Please respond to me directly at @leonkaye. Or if we follow each other, DM me.
Its office has been open since October, but GRI officially launched its “Focal Point” Monday morning at the corner of Broad and Wall. GRI’s timing is perfect, despite the difficult challenges CSR faces in the USA.
For over 10 years, the Global Reporting Initiative (GRI) has provided the most widely-used framework for producing sustainability reports, also known as ESG (environmental, social, and governance) reports. At GRI’s Amsterdam Conference last May, various speakers made it clear that ESG would and should become a mainstream practice by 2015. Now GRI is backing up its words with a new address: today the USA office opens its doors in New York City.
Clouds may be forming above Paris and Washington as voters become restless. In the sustainability world, the conventional wisdom states that European companies on environmental, governance, and social (ESG, or across the pond, CSR) issues, they are far more advanced than American firms. At a first glance, that appears true. But a comparison is besides the point.
Companies like Enablon are important because of their role in monitoring our impact on the planet and its people. Many large corporations and organizations are genuinely interested in doing what they can to achieve lower carbon emissions, meet compliance and disclosure requirements, and ensuring that workers in their supply chain are treated fairly. Those are not easy tasks.
There's a predicament that many chief sustainability officers face in their organizations. Like the chief strategist, they have a position with no P&L responsibility and few tools allowing them to quantify their results.
In the wake of financial scandals and now, environmental catastrophe in the Gulf of Mexico—especially after learning today that BP executives took risky shortcuts while producing a media spin plan that was much longer than any scenario plan designed to cope with such a disaster—we should welcome the movement towards integrated reporting. But there are some caveats that organizations like the Global Reporting Initiative must carefully consider.
The Global Reporting Initiative is pushing for integrated reporting, or as Michael Krzus, a partner at Grant Thornton, has coined, “one report.” The idea behind integrated reporting is that financial and non-financial disclosures will be intertwined into one report that can stakeholders, shareholders, and potential investors can read and vet.
While South Africa celebrates being the world’s stage, the event is offering some interesting attempts at showing that a mega-event can have a reduced environmental impact.
Who said reporting and disclosure conferences must be dull? Last night the GRI hosted an awards ceremony for companies who proved that they have successfully engaged their shareholders in ESG (environmental, social, and governance) reporting.
The GRI Amsterdam started today with a compelling session focused on the future of sustainability (in Europe, ESG: environmental, social, and governance) reporting.