Knowledge Centre

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...

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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...

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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...

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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...

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The Investor Revolution

Robert G. Eccles & Svetlana Klimenko, Harvard Business Review, May-June 2019 Edition, 10 June 2019 Most corporate leaders understand that businesses have a key role to play in tackling urgent issues like climate change. But in practice, investors, portfolio managers, and analysts rarely engage corporate executives on environmental, social and governance (ESG) issues. But the perception that ESG just hasn’t gone mainstream in the investment...

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Businesses urged to ‘do more’ to win public contracts

BBC News, Monday 11th March 2019, 07 March 2019 The UK government is set to announce that businesses looking to secure public sector contracts will need to do more to help improve society, with issues like modern slavery and climate change top of the list to tackle. The UK spends £49bn with outside organisations every year, and will also try to award more contracts to small firms. When drawing...

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Australia’s biggest companies failing to plan for climate change risks: report

Nassim Khadem, ABC News, Monday 18th February 2019, 18 February 2019 Australia’s biggest companies are not heeding calls from regulators and investors to do more to mitigate climate change risks, according to a new report by environmental campaign group Market Forces. The report is based on public information from 72 big listed companies operating in sectors considered high-risk on climate change. It found that...

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The business of saving the planet

Sean Silverthorne, Harvard Business School, Monday 11th February 2019, 11 February 2019 As businesses are beginning to become fully engaged on the issue of climate change, professors at Harvard Business School in domains such as customer service, finance, operations, and business history are coming together to explore the many facets of how sustainability and business management might mix. At the link below, you can see a sample of...

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The business of saving the planet

Sean Silverthorne, Harvard Business School, Monday 11th February 2019, 11 February 2019 As businesses are beginning to become fully engaged on the issue of climate change, professors at Harvard Business School in domains such as customer service, finance, operations, and business history are coming together to explore the many facets of how sustainability and business management might mix. At the link below, you can see a sample of...

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