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Uber, JetBlue join Amazon-backed Climate Pledge
Reuters Staff, Reuters, 03 December 2020Uber and JetBlue Airways have joined Amazon’s Climate Pledge, a commitment to be net-zero carbon by 2040. Amazon’s Chief Executive Officer Jeff Bezos last year pledged to make the largest U.S. e-commerce company net carbon neutral by 2040, as public pressure mounted for more action on climate change. Environmental activists welcomed the move...
corporate responsibility
Private equity firms, investors sign global initiative on diversity
Christine Trodella, Quartz, 02 December 2020A large group of private equity firms and investors have signed a global initiative that aims to improve diversity and inclusion among their ranks. The signing is a move away from Wall Street’s male-and-white-dominated image, where only 20 per cent of employees in the alternative asset management industry are women, according to a Prequin...
socio political environment
corporate responsibility
Regulators, central banks, investors stand firm on climate change
Andrew Cornell, ANZ Bluenotes, 25 November 2020Bank of England Governor, Andrew Bailey has conceded the bank's COVID-19 responses paid little attention to climate change. In his speech, Mr Bailey explained the coronavirus is an "acute crisis" but climate change is a "chronic one" which requires greater action. Mr Bailey also argued this goes beyond mere regulation, and that responses need...
corporate responsibility
socio political environment
Rio Tinto exec admits ‘overly transactional’ approach in Indigenous dealings
Anthony Barich, S&P Global, 25 November 2020Former Rio Tinto veteran executive, Stephen McIntosh has suggested the iron ore giant may have been "overly transactional" in its Indigenous relations which led to the Juukan Gorge tragedy. Mr McIntosh made the admission while speaking at the Australian-hosted online ...
corporate responsibility
corporate reputation
community relations
Finding a balance: Why you shouldn’t shift your CSR focus solely to pandemic relief
Kevin Xu, Forbes, 23 November 2020COVID-19 has put business leaders under pressure to balance pandemic-related initiatives with other CSR issues. Business leaders should re-frame their CSR parameters, implement backup plans, and create a network of organisations that operate as partners rather than ...
csr
corporate responsibility
Corporate responsibility, women in leadership and public interest journalism
10 November 2020In the Centre's first episode of In Conversation, Executive Director Wayne Burns is joined by Cathy Bolt, Media and External Affairs Manager Corporate Affairs at Wesfarmers and Peter Habib, Executive Manager, Enterprise Services Communciations Marketing & Corporate Affairs at Commonwealth Bank of...
corporate responsibility
csr
leadership communications
BlackRock CEO backs mandatory climate reporting, urges U.S. action
Simon Jessop & Matthew Green, Reuters, 10 November 2020Larry Fink, chief executive of the world's largest asset manager BlackRock has urged the United States to replicate the UK's recent move to make the reporting of corporate risk related to climate change...
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corporate responsibility
csr
public policy
Australian super fund agrees to factor climate crisis into decisions in ‘groundbreaking’ case
Adam Morton, The Guardian, 05 November 2020A large Australian superannuation fund has settled a court case with a 25-year-old member who accused the organisation of failing to properly consider the risks climate change poses to investments. The settlement between the Retail Employees Superannuation Trust and the member, requires the fund to ensure its actions are consistent with...
corporate responsibility
csr
Focus on social responsibility in the wake of Juukan Caves destruction
Bridget Fitzgerald, ABC PM, 16 October 2020In the wake of Rio Tinto's appearance last Friday before the federal inquiry into the destruction of the Juukan Gorge, experts in corporate responsibility say there needs to be a significant internal restructure.
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corporate responsibility
Investors lead push for Australian business to cut emissions more than government forecasts
Adam Morton, The Guardian, 14 October 2020Major investors and super funds are preparing to lead a push for the private sector to cut national greenhouse gas emissions by 2030. The newly formed 'Climate League 2030', a group made up of institutional investors is calling on banks, insurers and companies to sign up to the goal of reducing national emissions at a rate beyond what has been...
corporate responsibility