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The US National Council on Occupational Safety and Health has included Amazon in its “Dirty Dozen” list of the most dangerous employers in America. Earlier this year New York Attorney General Letitia James filed a lawsuit against Amazon for inadequately protecting workers amid the COVID-19 pandemic. Workplace issues are being factored into...
This episode of Big Ideas discusses the idea of making our governments and institutions legally compelled to act for future generations. Professor of Philosophy at the University of Washington, Stephen Gardiner, also explains why some people are distorting reality to disguise an unethical stance, leaving the problem to future...
When assessing what businesses can do to be socially responsible, their actions are ultimately minimal. This is true even if corporate leadership is committed to a mission of improving the world. Two constraints limit potential results: return on capital and corporate capabilities. As such, the real social value of business remains in providing...
A recent Deloitte report reveals that not a single Fortune 500 board is representative of the US population in terms of gender and ethnicity, and, in 2020, minorities held just 18 per cent of Fortune 500 board seats. In the face of an increasingly strong business case for diverse boards, as well as mounting pressure from institutional...
The Minerals Council of Australia chief executive Tania Constable has defended accusations of lobbying to block meaningful climate action and criticisms for saying Australian coal could reduce global greenhouse gas emissions. She argues that the association supports the Paris Agreement and has made significant progress on environmental, social...
Corporate citizenship has continued its evolution from corporate social responsibility (CSR) through philanthropy and cheque writing to creating shared value and win-win models. Today, CSR efforts have a more holistic focus on environmental, social and governance (ESG) practices, engaging all stakeholders and embedding these areas into all...
France's antitrust watchdog has handed down a 500 million Euro fine to Google for failing to comply with the regulator's orders on how to conduct talks with the country's news publishers in a row over copyright. The fine comes amid increasing international pressure on online platforms such as Google and Facebook to share more revenue with news...
Target plans to make 100 per cent of its private label products environmentally sustainable by designing items that are more durable, and eliminate waste and encourage reuse by 2040. The retailer also plans to have 100% of the plastic packaging for its brands recyclable, compostable or reusable by 2025. Target also says it is responding to...
There has been a flurry of activity on the environmental, social, and corporate governance (ESG) front. These ESG developments across public and private sectors have put corporate compliance teams in a difficult position, especially as companies are still reeling from the pandemic. However, according to Alexandra Wrage, companies can prepare...
In a letter to the Securities and Exchange Commission (SEC), seven US big tech companies have urged it to regularly disclose climate change-related matters to their shareholders. The group, including Alphabet, Amazon, Autodesk, eBay, Facebook, Intel, and Salesforce, also said that collectively 21 gigawatts of clean energy was purchased with the...