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Corporate America says it is ready to work with Biden
David Shepardson, Reuters, 10 November 2020Corporate America is ready to work with President-elect Joe Biden, on a new round of COVID-19 relief and infrastructure spending. Major business trade groups like the U.S. Chamber of Commerce and Business Roundtable issued statements congratulating Biden while President Trump still refuses to concede. Biden has already vowed to...
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corporate reputation
csr
socio political environment
Did social media actually counter election misinformation?
Matt O’Brien & Mae Anderson, Associated Press, 05 November 2020Social media platforms, Facebook, Twitter and YouTube promised to clamp down on misinformation ahead of the presidential election and they mostly did that, although not without a few issues. Critics have said the measures imposed still didn't address the problems exposed by...
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issues management
corporate reputation
BHP bosses defend company’s decision to remain in gas & oil
Ben Butler, The Guardian, 15 October 2020BHP executives have dismissed shareholder criticism after the mining company declared its intention to continue investing in gas and oil for the 'short-term' at its recent AGM. During the AGM, BHP chairman Ken MacKenzie also focused on the fallout from Rio Tinto's decision to destroy the Juukan Gorge caves.
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corporate reputation
Unilever to drop fossil fuels from cleaning products by 2030
Siddharth Cavale, Reuters, 02 September 2020Unilever has pledged one billion euros by 2030, to lower the creation of carbon emissions by one-fifth created from the production of its cleaning products. Instead of petrochemicals, the company will now use constituents created from plants and other biological sources. Currently, the company emits about 100 million metric tonnes of carbon...
corporate responsibility
csr
corporate reputation
Rio Tinto executives lose millions in bonuses over destruction of Juukan Gorge
Calla Wahlquist, The Guardian, 24 August 2020Rio Tinto CEO, Jean-Sebasiten Jacques, has lost nearly $5 million in bonuses, and the head of its Australian ore group will lose more than $1 million in bonuses after an internal review found the company had “systematic failures in the cultural heritage management system.” This comes after the destruction of a 46,000 Aboriginal heritage site at...
socio political environment
corporate reputation
Preserving organisational trust with Professor Nicole Gillespie
13 July 2020In this episode of Very Public Affairs, the Centre's Executive Director Wayne Burns is joined by Professor Nicole Gillesipe, KPMG Chair in Organizational Trust and Professor of Management at the University of Queensland Business School to discuss how organisational design affects trust, and how organisations can...
corporate responsibility
corporate reputation
reputation
Social licence to operate in 2020 with Wayne Burns
04 March 2020The Centre's Executive Director Wayne Burns talks about what it means for an organisation to have a social licence to operate: how it is has changed over time, how it's measured and lost, and the relation social licence has to corporate responsibility.
socio political environment
reputation
corporate reputation
Five Ways that ESG creates value
Witold Henisz, Tim Koller and Robin Nuttall, McKinsey & Company, 14 November 2019Getting your environmental, social, and governance (ESG) proposition right links to higher value creation. As a result, ESG is an inextricable part of how you do business, and its individual elements are themselves intertwined. Hence, thinking and acting on ESG in a proactive way has lately become even more pressing. The US...
corporate reputation
corporate responsibility
governance
In search of the Holy Grail of trust
Wayne Burns, Centre for Corporate Public Affairs Newsletter, Vol. 27 no. 1, 22 March 2019 Trust is a commodity in high demand, but not only is it too often conflated with reputation, it's also commonly taken for granted. The Centre's Executive Director Wayne Burns explores the art of gaining and maintaining trust in the feature article of the Centre's latest newsletter.“If an organisation is perceived by stakeholders to have a...
corporate reputation
reputation
ASX governance council dumps ‘social licence to operate’ from guidance
Joanna Mather, Australian Financial Review, Thursday 28th February 2019, 28 February 2019Following a furore over political correctness, the phrase ‘social licence to operate’ has been dumped from updated guidance by the ASX Corporate Governance Council. All references to the term have been replaced with ‘reputation’ and ‘standing in the community’ in the fourth edition of the council’s principles and recommendations on best...
corporate reputation
corporate narrative