Knowledge Centre

Corporations Need To Step Up To Real Social Responsibility

Centre for Corporate Public Affairs, Dr. Augustine Fou, Forbes, June 25, 2020 , 02 July 2020 With consumers being more ‘connected’ than ever before, social responsibility should be a cornerstone of any company’s corporate program. As the bar of good social responsibility is being raised higher, corporations will need to do more than just act in ‘socially responsible’ ways. Corporations will need to review their media spending,...

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We’re Entering the Age of Corporate Social Justice

Centre for Corporate Public Affairs, Lily Zheng, Harvard Business Review, June 15, 2020, 01 July 2020

Companies with effective Corporate Social Responsibility (CSR) programs are more profitable than those without a CSR scheme, according to academic research. Consumers and stakeholders now want companies to see social good as a necessity, moving it beyond a mere marketing strategy. To do this, Lily Zheng, from Harvard Business Review, recommends...

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UK aviation industry vows new zero carbon by 2050

BBC News, Tuesday February 4, 2020, 22 January 2020 The United Kingdom’s aviation industry is pledging to reduce its net carbon emissions to zero by 2050. According to the industry group Sustainable Aviation, it said it will do this with cleaner engines, new fuels and planting trees. Under the plan, airlines can cut down pollution even as passenger numbers grow by an expected 70 per cent over the...

csr corporate responsibility

Easyjet to offset carbon emissions from all its flights

Gwyn Topham, The Guardian, Wednesday 20th November 2019, 20 November 2019 Easyjet announced on Tuesday it would offset carbon emissions from all its flights, becoming the world’s first major airline to operate net-zero carbon flights across its network. The British budget airline said its plan would cost about £25m in the next financial year through schemes to plant trees or avoid the release of additional carbon...

csr corporate responsibility

‘Responsible thing to do’: Qantas pledges zero net emissions by 2050

Patrick Hatch, The Sydney Morning Herald, Monday November 11, 2019, 13 November 2019

Qantas has pledged to cut its net carbon emissions to zero by 2050, making it the second airline group in the world to make this commitment. Qantas chief executive Alan Joyce said the goals of the airline group – which includes budget carrier Jetstar – will cap net emissions at their current levels of around 12 million tonnes from 2020. Mr...

csr corporate responsibility

BHP adds ‘social value’ into its business planning

Neil Hume, Financial Times, Wednesday 9th October, 2019, 08 October 2019 Ahead of an investor briefing in London, BHP has announced that its Anglo-Australasian group will add a social value assessment to the business plans of all its assets. BHP’s Chief External Affairs Officer, Geoff Healy said: “In order to deliver financial value, you have to deliver social value… This is just good, sensible business.” The...

corporate responsibility csr

Australian tech company Atlassian commits to net zero emissions by 2050

Max Tillman, ABC 7.30, Monday 23rd September, 2019, 19 September 2019 Australian software giant Atlassian has committed to a net zero carbon emissions target by 2050, as co-founder Mike Cannon-Brookes continues to push the Australian government to do more on climate change. Mr Cannon-Brookes has also called on the Federal Government to make it easier for businesses to implement net zero carbon targets. While...

csr corporate responsibility

Sainsbury's pledges to halve plastic packaging by 2025

BBC News, Thursday 12th September, 2019, 12 September 2019 Sainsbury’s, the second largest supermarket chain in the United Kingdom has pledged to halve the amount of plastic used in its stores by 2025. "We can't do this on our own and we will be asking our suppliers and our customers to work with us," said Sainsbury’s CEO Mike Coupe. Talks with food manufacturers, suppliers, scientists and the waste and...

csr corporate responsibility

VIDEO

Quick Comment: The Stakeholder Corporation and the Business Roundtable

The Centre's Executive Director Wayne Burns talks through the Business Roundtable's recently released statement on the purpose of companies.

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Group of US Corporate Leaders Ditches Shareholder-First Mantra

Richard Henderson & Patrick Temple-West, Financial Times, Monday 19th August 2019, 03 August 2019 The Business Roundtable is one of the largest and most influential business groups in the United States and it includes CEOs from JP Morgan, Amazon, General Motors and Apple. In a new statement released this week on the Purpose of a Corporation, the Business Roundtable dropped the “shareholder primacy” ideology that has driven corporations for...

corporate responsibility csr