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Unilever has pledged one billion euros by 2030, to lower the creation of carbon emissions by one-fifth created from the production of its cleaning products. Instead of petrochemicals, the company will now use constituents created from plants and other biological sources. Currently, the company emits about 100 million metric tonnes of carbon...
Rio Tinto CEO, Jean-Sebasiten Jacques, has lost nearly $5 million in bonuses, and the head of its Australian ore group will lose more than $1 million in bonuses after an internal review found the company had “systematic failures in the cultural heritage management system.” This comes after the destruction of a 46,000 Aboriginal heritage site at...
In this episode of Very Public Affairs, the Centre's Executive Director Wayne Burns is joined by Professor Nicole Gillesipe, KPMG Chair in Organizational Trust and Professor of Management at the University of Queensland Business School to discuss how organisational design affects trust, and how organisations can...
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.
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...
BHP CEO Andrew Mackenzie’s stance on climate change makes him the most vocal corporate leader in Australia, according to media researcher Streem. The research – tracked from October 2018 to September 2019 – has Mr Mackenzie as the most quoted CEO in the media with 156 mentions with 112 of these relating to climate change. Some of the issues...
Following several turbulent weeks, co-working giant WeWork has shelved its planned IPO after several turbulent weeks have battered the company’s image. Initially, the company sought to go public with a valuation of nearly $50 billion (USD). The decision comes in the wake of co-founder Adam Neumann stepping aside as...