A survey released today by SEI, a provider of investment processing services, identifies areas of growing concern for chief compliance officers who are struggling to keep abreast of the changing regulatory landscape.
The survey reveals that 59 percent of CCOs feel their ever-growing list of responsibilities is impeding their ability to serve as eff...
ESG Archive
Increasingly, executives and boards need to understand these costs and ensure they have adequate systems in place to identify and address such impacts. Management of human rights risks should be part of a firm’s overall approach to risk management.
From 2005 to 2011, I served as the UN Special Representative on Business and Human Rig...
When the Carbon Disclosure Project (CDP) announced which S&P 500 companies were included in its 2011 leadership index – an honor reserved for the top 10 percent of S&P 500 contenders – Marsh & McLennan Companies made the list. The financial consultant had scored 88 out of a possible 100, up from a score of 50 ...
Corporate governance watchdog Governance Metrics International (GMI) recently issued a report which highlights companies that exhibit ‘patterns of risk,’ and urges investors and corporate stakeholders to avoid investing in these ‘risky’ businesses.
GMI rates companies based on their environmental, social and governance policies and most recent...
A new report – the first of its kind - analyzes the evolution of the chief sustainability officer (CSO) position among US companies. Released Wednesday by executive search and consulting firm Weinreb Group, ‘CSO Back Story’ says there are currently 29 chief sustai...
Sustainability should be an indispensable part of the strategy implemented in all corporate business plans and actions, a group of governance experts declared at a conference in New York this week.
The Conference Board Center for Sustainability held a panel discussi...
When Talisman Energy purchased a 25 percent stake in the Greater Nile Petroleum Operating Company (GNPOC) in Sudan for C$278 million ($290 million) in 1998, the Canadian oil and gas producer was almost immediately battered by shareholder activists who believed oil production from the project was providing financing that was prolonging Sudan’s civil war....
Many companies have started voluntarily reporting on non-financial matters such as biodiversity, human rights and climate change as they feel the need to communicate their commitment to stakeholders and the community. SD Reporting might actually become – cool.
Aaron Dhir, an ass...
Corporate stakeholders, including shareholders, employees, communities and public officials, expect companies to manage, mitigate or prevent the adverse social and environmental impacts that may be associated with a company’s operations. CSR programs help companies ensure that they are responsive to these concerns. An effective CSR program is implemented throug...
Trying to regain economic traction has been especially hard for the banking industry whose reputation has been tarnished after a host of financial scandals, such as the mortgage crisis and the massive credit crunch that crippled the US economy. Some banks are beginning to use corporate social responsibility (CSR) initiatives to help rehabilitate their image and improve profitab...
