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Social licence to operate in 2020 with Wayne Burns

Social licence to operate in 2020 with Wayne Burns

04 March 2020

The 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.

Five Ways that ESG creates value

Witold Henisz, Tim Koller and Robin Nuttall, McKinsey & Company, 14 November 2019

Getting 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...

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...

ASX governance council dumps ‘social licence to operate’ from guidance

Joanna Mather, Australian Financial Review, Thursday 28th February 2019, 28 February 2019

Following 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...

Google fined record €50m by French data protection watchdog

Alex Hern, The Guardian, Monday 21st January 2019, 21 January 2019 The French data protection watchdog has fined Google a record €50m for failing to provide users with transparent and understandable information on its data use policies. It marks the first time a company has been fined under new terms laid out in the European general data protection regulation (GDPR). The maximum fine for large companies under the...

Goldman boss apologises for 1MDB scandal

BBC News, Wednesday 16th January 2019, 16 January 2019 The new boss of Goldman Sachs has apologised to Malaysia for the role an ex-partner played in the corruption scandal at one of the country’s wealth funds. CEO David Solomon also distanced the bank from the scheme, which saw billions of dollars embezzled from the state development fund, 1MDB. Goldman had helped raise money for the fund, and Mr...

Phillip Morris accused of hypocrisy over anti-smoking ad

BBC News, Monday October 22 2018, 22 October 2018 Phillip Morris, one of the world’s largest tobacco firms, has been accused of hypocrisy over its new ad campaign that urges smokers to quit. The firm, which makes Marlboro cigarettes, said the move was “an important next step” in its aim to “ultimately stop selling cigarettes. But Cancer Research accused the firm of “staggering hypocrisy”,...

Google+ shutting down after users' data is exposed

Dave Lee, BBC News, Tuesday October 9 2018, 09 October 2018 Google+ will shut down much of its social network Google + following a data breach. It said a bug in its software meant that information users believed to be private had been accessible by third parties. Google said up to 500,000 users had been affected, and the Wall Street Journal reported that the company knew about the issue in March but did...

List of Lists : A Compilation ofInternational Corporate Reputation Rankings

Charles J. Fombrun, Vol. 17 No.3, 01 September 2007

Charles J. Fombrun, of the Reputation Institute (USA) provides an overview of international reputation ratings. This article has been reproduced with permission from Charles, also Editor-in-Chief of Corporate Reputation Review.

Navigating the disclosure hazards

Vol. 11 No. 2 2002, 01 June 2002