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- 08/17/18--04:10: _Survey: Take Back t...
- 08/17/18--04:15: _How UPS is Building...
- 08/17/18--04:25: _Republic Services® ...
- 08/17/18--04:35: _Check Out How Dell ...
- 08/17/18--05:35: _Super Charging EVs ...
- 08/17/18--05:50: _Trusted Relationshi...
- 08/17/18--06:20: _Local Breweries Mas...
- 08/17/18--06:45: _A Simple Way to Mak...
- 08/17/18--07:00: _A Model for Wildfir...
- 08/17/18--07:40: _PNC's PREPARE4LIFE ...
- 08/20/18--05:30: _Executive Update: S...
- 08/20/18--06:00: _Habitat for Humanit...
- 08/20/18--06:05: _Social Responsibili...
- 08/20/18--06:30: _Applaud the Changem...
- 08/20/18--06:45: _Walmart Makes Fortu...
- 08/20/18--08:30: _Republic Services D...
- 08/20/18--09:05: _Abbott Included on ...
- 08/20/18--09:30: _Sodexo Affiliate en...
- 08/20/18--10:40: _Scotiabank Celebrat...
- 08/20/18--13:00: _Commonwealth Bank o...
- 08/17/18--04:10: Survey: Take Back the Lunch Break with Tork: How Do You Stack Up?
- 08/17/18--04:15: How UPS is Building a Blockchain-Ready Business
- 08/17/18--05:35: Super Charging EVs in Fresno and Beyond
- 08/17/18--06:20: Local Breweries Master Art of Sustainable Brewing
- 08/17/18--06:45: A Simple Way to Make Sure You Have a Great Vacation Next Year
- If vacation spending put you on edge this summer, start now to save next year’s getaway.
- Most Americans value vacation time. Few bother to save for that precious time away.
- 08/17/18--07:00: A Model for Wildfire Disaster Relief
- 08/17/18--07:40: PNC's PREPARE4LIFE Program
- 08/20/18--06:00: Habitat for Humanity Does More Than Just Build Homes
- 08/20/18--06:05: Social Responsibility: Worthy, but Worthwhile?
- 08/20/18--06:30: Applaud the Changemakers Because Change Is Hard
- 08/20/18--06:45: Walmart Makes Fortune's Change the World List for 4th Straight Year
- 08/20/18--08:30: Republic Services Driver Helps Return Stolen Vehicle in Texas
- 08/20/18--09:05: Abbott Included on 2018 Fortune Change the World list
- 08/20/18--10:40: Scotiabank Celebrates International Indigenous Day
- Reporting in line with the recommendations from the Task Force on Climate-related Financial Disclosures
- Supporting our community with $290 million in community investment
- Awarding more than $10 million to 1,028 youth-focused organisations to celebrate the centenary of the Bank’s people’s charity, CommBank Foundation
- Helping more than 56,000 customers experiencing financial hardship
- Completing the roll-out of state-based Addressing Financial Abuse guides and a Domestic and Family Violence Emergency Assistance Program
- Embedding a more diverse and inclusive workplace with women comprising 44.6% of Manager roles and above
- Expanding lending exposure to renewable energy projects by $1 billion to $3.7 billion as of the end of June 2018
SOURCE:Essity (Formerly SCA)
Taking a lunch break has been shown to boost productivity, engagement and even happiness at work, according to new research from Tork. That’s no small feat for a short break. We want to hear from you – are you reaping the benefits that come with taking lunch? Take the survey below and see where you stack up compared to 1,600 other employees surveyed in North America.
To learn more about the Tork Take Back the Lunch Break campaign, please visit TorkUSA.com/takebacklunch for the full survey findings and methodology.
KEYWORDS: take back lunch survey, tork, Essity, Employee Engagement, workplace satisfaction, csr
Controls designed to promote traceability can drive up processing time and cost.
Blockchain technology can address these twin challenges.
A blockchain is a secure, distributed digital ledger with records that resist duplication and forgery. It can be used to keep track of any information or assets, from transportation containers to digital currencies.
UPS is exploring blockchain applications in its customs brokerage business. As UPS is one of the world’s largest customs brokers, a key objective of our strategy is to digitize transactions to cut down on waste and provide a more efficient, accurate process. Blockchain technology is a possible solution, and could improve transaction accuracy and visibility by replacing existing paper-heavy and manual procedures.
In 2017, UPS joined the Blockchain in Transport Alliance, a forum for the development of blockchain technology standards and education for the freight industry. As we build the smart logistics network of the future, we expect intercompany collaboration on blockchain standards to help usher in a new era of global trade and finance.
To learn more about the innovations UPS is embracing, explore the 2017 UPS Sustainability Progress Report.
KEYWORDS: blockchain, UPS, united parcel service, NYSE:UPS
More than half of its Colorado fleet now powered by the domestic fuel source
DENVER, August 17, 2018 /3BL Media/ – Republic Services® announced today the addition of 17 Compressed Natural Gas (CNG) solid waste collection trucks to its fleet serving customers throughout the greater Denver area. The CNG trucks replace older diesel-powered trucks, and bring the total number of natural gas vehicles operated by the Company throughout Colorado to 108.
“We are passionate about sustainability, and understand its importance to our customers,” said Randy Johnson, general manager of Republic Services’ Denver hauling division. “This fleet upgrade represents a significant investment in cleaner, safer and more efficient vehicles for the Denver community. It also embodies the responsibility we assume for doing our part to preserve Colorado’s considerable natural beauty for future generations.”
Republic Services operates a natural gas fueling station at its Commerce City location, which supports its expanding Denver-based CNG fleet. Half of the Company’s fleet serving the greater Denver metropolitan area is now powered by this domestic fuel source.
According to the U.S. Environmental Protection Agency (EPA), each new CNG collection truck deployed is equivalent to planting 600 mature trees each year. The carbon emissions reduction benefits from the entire CNG-powered fleet in Colorado is equivalent to planting more than 64,800 mature trees annually.
Republic Services operates the seventh largest vocational fleet in the country, and its CNG fleet saves roughly 26 million gallons of diesel fuel annually. The Company’s multi-year commitment to convert its fleet to vehicles that operate on CNG and Renewable Natural Gas (RNG) is resulting in reduced fleet greenhouse gas emissions while reducing fuel usage.
Republic Services of Denver employs 300 people, and includes 165 collection trucks serving over 185 Homeowners Associations and municipalities, as well as more than 8,000 commercial customers. It also owns and operates two landfills and a hauling division in the greater Denver metropolitan area.
Known as the Blue Planet® sustainability initiative, the Company is defining its approach to environmental responsibility through increased recycling, decreased vehicle emissions, the production and use of renewable energy, community engagement and employee growth opportunities.
Republic’s latest Sustainability Report can be viewed at RepublicServices.com/Sustainability.
About Republic Services
Republic Services, Inc. is an industry leader in U.S. recycling and non-hazardous solid waste disposal. Through its subsidiaries, Republic’s collection companies, recycling centers, transfer stations and landfills focus on providing effective solutions to make responsive waste disposal effortless for its 14 million customers. We’ll handle it from here.®, the brand’s promise, lets customers know they can count on Republic to provide a superior experience while fostering a sustainable Blue Planet for future generations to enjoy a cleaner, safer and healthier world.
KEYWORDS: Republic Services, cng, Compressed Natural Gas, Denver, waste management, Recycling
All of us definitely heard about how plastic is ruining our environment, and how microplastic is finding its way into our seafood and water. We should be afraid of what is to be of our future, but there has been little movement in many major corporations to help alleviate this problem – save for Dell.
Recycling 100 million pounds of plastic
Starting their Global TakeBack program in 2016, they have recycled over 21.5 million pounds of plastic as well as achieved 15% customer participation rate. This may seem particularly small as compared to the rate of 80% for recycling done by the automotive industry, but it is actually rather large in the technology industry. Dell cites the cause to companies that do not take responsibility of handling the product’s materials after it is being sold. With electronic waste accounting for 70% of our total waste, we do have to start worrying about how we should deal with them.
KEYWORDS: Dell 2020 Legacy of Good Plan, Dell, Global Take Back program
By Meghan Kelly
The good news is that Fresno has made great strides in addressing air pollution from the electricity sector by becoming a leader in solar. Fresno has the highest per-capita installed solar PV capacity in the contiguous U.S. But to expand the use of EVs in Fresno, more work must be done to expand its charging infrastructure. Fortunately, innovative business models are helping make that possible.
The City of Fresno has participated in the Environmental Defense Fund Climate Corps program — an innovative program that brings together an arsenal of top talent, resources and expertise in a variety of subject matters and industries to help organizations meet their climate and energy goals — for the past four years.
KEYWORDS: California, electric vehicles, ev's, Environmental Defense Fund, the city of fresno, sustainability
SOURCE:Booz Allen Hamilton
For years, there has been a strong focus on modernization across government, however striking a balance between innovation and service to citizens has proven to be difficult. Matt Erskine, executive advisor sits down with Government Matters’ Francis Rose to talk about what he has learned at his time at the Department of Commerce that could apply to the current administration’s efforts.
“We’ve got to get the technology leaders within agencies and the programmatic leaders out of their silos and working together,” said Erskine. “The most successful initiatives I saw [were] when that frank, trusted relationship happened.”
Read and watch the full episode, here.
Interested in learning more about how Booz Allen is taking a fresh look at government systems? See here.
KEYWORDS: NYSE:BAH, Booz Allen Hamilton, Matt Erskine, Government Matters, government modernization, customer experience
Dozens of brewers learn clean energy tips at SCE’s Foodservice Technology Center workshop
College campuses often have a local pub that students like to hang out at and for Cal Poly Pomona it’s Innovation Brew Works. But unlike other campus bars, the beers served here are all made by the students or recent graduates themselves.
The brewery laboratory is all part of the school’s philosophy of learn by doing. Student’s here not only learn the process of making beer, they also learn how to run a sustainable business. Spent grain from the beer-making process is fed to the cows at the university’s Department of Agriculture and oranges used to flavor their Orange Wit beer are grown right on campus.
“In a brewery there is a lot of waste. We want to utilize what we can to reuse and recycle,” said Eric Bassett, operations brew manager and 2016 Cal Poly Pomona graduate.
Hoping to expand their brewery and restaurant’s efforts around sustainability, Bassett attended Southern California Edison’s recent “Mastering the Art of Sustainable Brewing” event with dozens of other local breweries at the utility’s Foodservice Technology Center in Irwindale.
In addition to learning tips on how to run an environmentally friendly brewery, experts showcased ways to reduce energy and water use. From using LED-efficient lighting to designing an energy-efficient building layout, breweries also learned about Time-of-Use rates and off-peak hours. By brewing during off-peak hours, businesses can reduce their electric bills.
“Craft breweries are a growing segment and an untapped market,” said Andre Saldivar, a mechanical engineer who oversees SCE’s Foodservice Technology Center. “We are learning along with [these breweries] and sharing best practices.”
Ian Hughes received his first home brewing kit after graduating from Muskingum University with a degree in environmental science. Today, he’s the sustainability ambassador for the Brewers Association and meets with brewers from across the country.
“Craft breweries have a drive toward local, handcrafted and a lot of these companies start with sustainability models as part of their business plans,” he said. “My job is to push them over the edge a bit.”
Hughes encourages breweries to benchmark their data by closely monitoring utility bills to see where costs can be reduced. Utilities like SCE provide customers with the roadmap to running an energy-efficient business, including rebates and incentives.
“There is the potential to save money by being energy-efficient,” he said.
Stephanie Gebhardt is the cellarman for Innovation Brew Works. She earned her master’s degree in Regenerative Studies from Cal Poly Pomona earlier this year and aims to help make the student-run brewery more sustainable.
“I’ve been a tree hugger since I was little. Sustainability is something to me that makes sense,” she said. “We want to reduce the overuse of our resources and reduce our waste. And we want to encourage other breweries to see how we do it.”
For more information: Foodservice Technology Center.
KEYWORDS: Edison International, Southern California Edison, microbrewing, beer, Innovation Brew Works, Cal Poly Pomona, small business
People save for retirement. For college. For a down payment.
Few save for vacation.
Yet every year, about two-thirds of Americans put everyday life behind them and set off for some R&R, according to a Gallup poll taken in December.
Paying for it is another matter. Saving for vacation is not a priority for Americans, says a survey from CIT Bank. In February, CIT surveyed 1,100 U.S. adults online to see how they save money, and how the money is earmarked.
Only about a third of people save for travel and vacation, CIT found.
KEYWORDS: saving for vacation, financial savings, empowering customers, CIT Group, csr
Nearly 20,000 residents have been asked to evacuate their homes in Northern California as a result of the multiple wildfires that have been burning for weeks, and CNBC has reported that more than 16,000 homes have been threatened by potential damage from the wildfire at this point, leading to evacuation orders for nearly 25,000 residents. As of August 13, there are more than 17 large fires currently burning across California, including the largest wildfire on record in the state of California.
Like other areas of disaster relief, wildfires, particularly in California, have becomes an increasingly common occurrence. According to a recent piece in The Atlantic (“Has Climate Change Intensified 2017’s Western Wildfires?”), the total area burned in the western United States over the last 33 years was double the size it would have been without any human-caused warming. Increased temperatures = increased likelihood of fire.
But, when you examine disaster-related funding in the last five years, funding directed at wildfires is $13.1 million, while hurricane-related funding totals $480.6 million (this includes grants and in-kind donations). So how can we explain the different levels of support for varying types of natural disasters? Perhaps length of time. Consider the volcano situation that has been occurring for many months in Hawaii. Have you seen companies donating to organizations helping in this area of relief, or, even better, has your company offered a matching program towards this effort? Perhaps not. Some disasters, like wildfires and an active volcano, have a long time frame. It can be longer until you can go into recovery mode, since it isn’t over quickly (and its end can’t be predicted). Whether it is a hurricane or an earthquake, some disasters can happen quickly, and thus be easier to recruit support for immediate recovery and long-term rebuilding.
What can we do to better address wildfires? The first step is understanding the impact on these communities: cities and counties will end up paying for at least half of the hundreds of billions of dollars that can go into wildfire recovery in a single year. As the LA Times observes, putting out the fires represents only 9% of the total cost of the wildfire. One group that has witnessed this large burden, and has taken steps to help in the rebuilding efforts, is the legal community. By working with local government bodies and community foundations, legal aid can help to ensure insurance claims are filed correctly, protect local residents from fraud, and more.
Claire Solot from the Bigglesworth Foundation in Northern California spoke with me several weeks ago about ongoing recovery efforts from past fires, and with current events I think the information she shared with me could be very beneficial for those asking themselves what they can do.
California legal aid organizations have already established exemplary collaborative initiatives based on past fires, which ensures coordinated efforts that are needed in the immediate aftermath of the wildfire are possible. Following the large earthquake in Napa several years ago, five key legal organizations formed the Bay Area Resilience Collaborative, the only organization of its kind in the U.S.. The collaborative works to bring in subject matter experts and provide extensive training for legal aid organizations, among other things. An excellent example of their collaborative efforts is the development of disaster-specific training for lawyers wishing to volunteer, but do not have knowledge of this area. The Legal Aid Association of California (LAAC)developed recordings of trainings so that volunteers were qualified to help. The collaborative then set up hotlines for wildfire victims, coordinating volunteers to staff those phone calls, then connect them to qualified volunteer lawyers. Finally, regional associations like Legal Aid Sonoma County have a physical presence in local assistance centers where they can also disseminate guidebooks and other materials that were developed for victims to educate them on legal vulnerabilities after disaster.
The legal aid committee also started a collaborative fund housed at the California Bar Foundation, now California ChangeLawyers, knowing that just because the fire goes out, doesn’t mean the funds should dry up. There is still a long road to recovery. Lawyers can serve as key players in the rebuilding after a wildfire, protecting those that could be victimized. A prime example is housing – as those that need new housing begin to explore options, policies, legislation and ordinances need to be in place to avoid scenarios where rent is increased, or unscrupulous contractors try to take advantage of the desperate. Looking forward, LAAC recently developed a document that details other exposed areas that legal aid can support, including identity theft, wage theft, price-gouging, and domestic violence which can increase after a disaster. The next step in this area is securing funding to support these areas after disaster, and training lawyers so that they are prepared to address these specific kinds of cases.
The biggest takeaway from my conversation with Claire is similar to those had around hurricane relief: there is a tremendous need for long term funding for rebuilding, and there needs to be a coordinated approach from local communities when it comes to relief and recovery. However, with some of these disasters that span numerous days, weeks, months, and with hundreds of billions needed to rebuild, other funding sources need to be considered. If we aren’t able to supplement city and county recovery spending, other crucial initiatives could fall behind. For a geographic area to rebuild, they need to physically rebuild homes, reignite the economy with infrastructure reparations, and rehab ecosystems.
As fires continue to rage throughout California, I’d encourage you to consider ways you or your employer may be able to help. With sometimes no end in sight, it is imperative for local government, community foundations, and legal aid organizations to feel supported to continue to aid their community and protect them from threats that will still exist when the wildfires end.
Lessons can be learned from all different types of disasters. The level of collaboration amongst the legal community in Northern California can serve as an excellent model for other areas of the country. The same legal risks exist after other types of disasters, and, as seen in the above example, there are many moving parts for relief that combine discussions with FEMA, volunteer training, and on-the-ground relief and resources. One thing remains the same, and that is the significant cost to rebuild. Without support, it is possible these affected regions could never recover. You can learn more about what you can do to help these efforts from the Center for Disaster Philanthropy.
Want to learn more about disaster relief across the sector? Check out Blackbaud's Disaster Relief Resources page.
Tweet me:#DYK putting out the wildfire is only 9% of the total cost the wildfire incurs? Learn more about the recovery efforts awaiting the CA communities affected by the wildfires, and be inspired by the levels of #collaboration http://bit.ly/2nLBNzX @Blackbaud
KEYWORDS: disaster relief, wildfire recovery, california wildfires, NASDAQ:BLKB, Blackbaud Corporate Solutions, Center for Disaster Philanthropy
SOURCE:PNC Financial Services Group
As a financial services company, PNC is committed to promoting financial well-being for our customers and our employees. In 2017, PNC introduced Prepare4Life, a campaign to help employees understand how to get the most financial value from PNC’s benefits and programs. Initial outreach has included in-person seminars, webinars and articles on a range of benefits-related topics. In 2018, Prepare4Life is working in partnership with MoneyWise and other internal and external partners to develop a comprehensive program that incorporates a broad range of financial well-being resources for employees across the organization.
View PNC’s 2017 Corporate Social Responsibility Report »
KEYWORDS: Prepare4Life, PNC, Financial Well-Being, csr
“I propose that you, the business leaders… and we, the United Nations, initiate a global compact of shared values and principles, which will give a human face to the global market.” – Kofi Annan (1938–2018)
Read the statement by Lise Kingo, CEO & Executive Director of the UN Global Compact, on the passing of former UN Secretary-General Kofi Annan
Let me join the UN Secretary-General and all our colleagues around the world in expressing my heartfelt condolences to the wife and family of Kofi Annan, a great leader and visionary.
Among his many accomplishments as the UN Secretary-General from 1997 to 2006, Kofi Annan was also the founder of the world’s largest corporate sustainability initiative, the United Nations Global Compact.
As the world embarked on the new Millennium, Mr. Annan inspired the world’s top business leaders to join governments in lifting the poorest nations out of poverty by adopting a more responsible and sustainable approach to business.
In creating the UN Global Compact, Mr. Annan asked corporate leaders to publicly commit to Ten Principles based on UN agreements in the areas of human rights, labour, the environment and anti-corruption.
Some 18 years later, the concept of corporate sustainability is firmly established. More than 9,000 of the world’s leading private sector Chief Executives have joined the UN Global Compact and are driving new approaches to help achieve the Sustainable Development Goals.
As a result of Mr. Annan’s vision, the UN Global Compact is attracting new participants on a daily basis and providing corporate executives around the world with the inspiration and tools needed to drive a more sustainable and responsible business culture which can create prosperity while respecting people and the planet
Tweet me:Remembering former UN Secretary-General @KofiAnnan, the visionary who launched the UN @globalcompact and inspired the world’s largest corporate sustainability initiative. Read the statement from @Lise_Kingo: unglobalcompact.org/news/4399-08-18-2018
United Nations Global Compact
+1 (917) 225-1913
KEYWORDS: Kofi Annan, UN Global Compact, Lise Kingo, United Nations Global Compact, Human Rights, Labour, environment, Anti-Corruption, Ten Principles
Habitat for Humanity of Camden County partners with Subaru of America to strengthen local impact of home building mission and reduce waste
SOURCE:Subaru of America
CAMDEN COUNTY, NJ, August 20, 2018 /3BL Media/ – Habitat for Humanity, known throughout the world for helping families build and improve homes, is working to positively impact the local Camden community by providing decent and affordable places to call home. Since its founding in 1986, Habitat for Humanity of Camden County has partnered with approximately 60 families and nine years ago, opened the ReStore donation center and resale showroom in Pennsauken, NJ to provide a resource for residents and businesses to donate reusable furniture, appliances, home goods and building supplies. The items are then resold to the public at a fraction of the retail price to raise additional funds for their home building mission.
“There are many excellent resources available for donating ordinary household items such as clothing and books, but furniture and appliances present a whole different set of challenges and potential expenses,” observes Jeff Mihalek, Executive Director of Habitat for Humanity for Camden County. “We provide a no-cost and no-waste alternative to disposal, and we’ll even do the heavy lifting!”
By providing a free donation pickup service, the ReStore quickly became a go-to resource for local homeowners looking to donate heavy and bulky items after remodeling, downsizing or just getting organized. But it’s not just homeowners partnering with the Habitat ReStore to put their excess items to good use, local businesses are getting involved as well. Recently, Subaru of America enhanced its existing relationship with Habitat for Humanity by donating furniture from its former office to ReStore after moving into a newly constructed headquarters building in Camden, NJ.
“As we transitioned to our new corporate headquarters in Camden, building upon our work with cherished, long-time partner and new neighbor Habitat for Humanity of Camden County was the clear and natural decision,” said Thomas J. Doll, President and CEO of Subaru of America, Inc. “Donating office furniture and equipment from our Pennsauken facility to Habitat’s ReStore is a triple win; it supports the Habitat for Humanity organization and the Camden community by raising more funds to build additional affordable housing, and also speaks to Subaru’s Love Promise commitment to minimize our environmental impact. By recycling our gently-used furnishings, we hope that more families in Camden have a place to call home.”
“Subaru and Habitat for Humanity of Camden County have partnered in community building for over twenty years, so we were eager to help them find a good home for their excess office furniture,” said Mihalek. “We were able to accept approximately 34,000 pounds of usable chairs, file cabinets, bookcases and more.”
“In the end, we were able to remove the inventory at no cost to Subaru, divert 17 tons of materials from local landfills, offer high quality office furniture to our ReStore shoppers at great prices, and ultimately raise funds for our home building projects,” summarized Mihalek. “It’s a win-win for everyone, but it wouldn’t have happened without the conscientiousness and generosity of Subaru.”
About Habitat for Humanity of Camden County
Celebrating 31 years of changing lives in Camden County, New Jersey; to date 60 homes have been built.
Habitat for Humanity of Camden County, headquartered in Pennsauken, NJ, builds affordable and sustainable housing solutions and empowers families though successful homeownership. People in local communities and all over the world partner with Habitat for Humanity to build or improve a place they can call home. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage. With Habitat’s help, Habitat homeowners achieve the strength, stability and self-reliance they need to build a better life for themselves and their families. For more information about Habitat for Humanity of Camden County please visit our website www.habitatcamden.org.
About Subaru of America, Inc.
Subaru of America, Inc. (SOA) is a wholly owned subsidiary of Subaru Corporation of Japan. Headquartered at a zero-landfill office in Camden, N.J., the company markets and distributes Subaru vehicles, parts and accessories through a network of more than 630 retailers across the United States. All Subaru products are manufactured in zero-landfill production plants and Subaru of Indiana Automotive, Inc. is the only U.S. automobile production plant to be designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company’s vision to show love and respect to everyone, and to support its communities and customers nationwide. Over the past 20 years, SOA has donated more than $120 million to causes the Subaru family cares about, and its employees have logged more than 40,000 volunteer hours. As a company, Subaru believes it is important to do its part in making a positive impact in the world because it is the right thing to do.
Karl Chase, Habitat for Humanity of Camden County
Diane Anton, Subaru of America, Inc.
Tweet me:#HabitatForHumanity of #Camden County partners with @Subaru_USA to strengthen local impact of home building mission and reduce waste http://bit.ly/2OURO27 @CamdenHabitat @Habitat_org #SubaruLovestoHelp #SubaruCamdenWorks
Insurance professionals considering establishing CSR programs should know what the data has to say about CSR’s significance to consumers.
Today’s large companies understand the value and need for corporate social responsibility (CSR): “green” programs, charitable donations, volunteerism and more. Considering the size, influence and resources found at such companies, it may not be difficult for them to establish, monitor and publicize high-profile corporate social responsibility efforts.
Tweet me:.@Benefits_PRO | Catherine Hernandez-Blades: #Insurance professionals considering establishing #CSR programs should know what the data has to say about CSR’s significance to consumers. http://bit.ly/2nRaFzp @Aflac
KEYWORDS: Aflac, Catherine Hernandez-Blades, BenefitsPRO, Corporate Citizenship
Celebrating the 57 innovative companies on Fortune's 2018 Change the World List
SOURCE:Shared Value Initiative
These days there seems to be an ever-growing list of global challenges facing governments, civil society, businesses and citizens of the planet. From cybersecurity threats to income inequality to extreme weather to homelessness to food and water insecurity, the range of problems is broad, and the issues, in many cases, are deep.
You can get depressed just thinking about all the challenges, and if you are a business leader you know these are not ideal conditions for any company to thrive. But there are a growing number of companies that are not only rising to the occasion to address these problems, but are doing so in a way that creates value for the business. Now in its fourth year, the Fortune Change the World list celebrates the changemakers—those pioneering business leaders who look at social issues material to their long-term success and say, “We can do things differently.” They’ve embarked on a strategic shift towards shared value, a smarter business model that reimagines the way companies build new markets, innovate, create distinction, and contribute to a thriving society and planet.
In 2011, Harvard Business School professor Michael E. Porter and Mark Kramer, cofounder and managing director of FSG, a global social-impact consulting firm, co-authored Creating Shared Value. Little did they know they would start a rumble that would turn into a revolution. It comes in the form of the global retailer that builds a talent pipeline to create opportunity for underserved communities that actually delivers more productive employees; the multinational utility that seeks to end energy poverty while it creates new markets; and the shipping company that’s transforming its fleet to be more fuel efficient, saving money and lowering its carbon emissions. Today, many of the world’s biggest and most innovative companies are engaged in initiatives that can contribute to the betterment of society and the environment while they drive their businesses.
One of the reasons I find the publication of this list a cause for celebration is that I know first-hand how hard this type of change can be. I was a corporate practitioner of shared value for over a decade, before it was known by that name. I referred to it as the “virtuous cycle,” but it was the same idea. In fact, the idea was inspired by the early works of Porter and Kramer and it proved to be a new and smarter way of thinking about how a business can address societal challenges. And because I’m such a convert to this way of thinking, I recently signed on as the leader of the Shared Value Initiative to build on this respected global platform by contributing my practitioner’s point-of-view to help advance the practice of this transformative approach.
What you don’t always see in the stories of this year’s Change the World companies is the hard work that goes into making the change. When a company commits to delivering shared value, it has to be ready to reflect on its purpose and strategies, its practices, and how it engages and deploys its people to make this shift. Sometimes colleagues think you’re just trying to “do good,” and don’t see the business value, but you can’t give up. Other times there is great enthusiasm, but the resources are still tied up in the old way of doing things, so you have to find seed resources to get the idea off the ground.
Oftentimes you will need to find new metrics and ways to measure them to know if the effort is actually delivering results to society and business. You’ll want metrics to show your shareholders, too. Usually you’re working to build internal knowledge, capacity and buy-in, as well as that of external partners, because you are trying something that’s never been tried before. One thing proves true every time: Achieving shared value is less difficult when enlightened and committed leaders champion the work, shift the organization’s mindset, and tolerate the inevitable mistakes and missteps, while never losing sight of what’s possible.
As we applaud this year’s changemakers, I hope you are inspired by their achievements. And if you’re still early in the journey, I hope you aren’t daunted. Achieving shared value takes time, resources and discipline, but the rewards are many. It can benefit society and the planet as it creates a sense of purpose for your employees, drives loyalty with your consumers, spurs innovation and adds to the bottomline. I hope this year’s list encourages to you to doubledown on your practice or start one if you haven’t. And know that there are leaders in the Shared Value Initiative who are here to be your global community. Together, you can learn, offer advice, share stories and inspire each other as we all move forward in this new frontier.
The world needs our collective effort to tackle the list of growing societal challenges,and we need shared value as a model to help businesses create sustainable change. It won’t be without its hardships, but as Theodore Roosevelt said, “Nothing worth having comes easy.”
Editorial by Bobbi Silten, Managing Director - Shared Value Initiative
This originally appeared on www.fortune.com under the title, Applauding the Changemakers Behind Fortune's Change the World List
KEYWORDS: creating shared value, Fortune's 2018 Change the World List, Shared Value Initiative
Fortune releases fourth annual list of companies helping the planet and tackling social problems.
The world’s largest company by revenue does not want to be a top source of greenhouse gas emissions. So Walmart last year launched Project Gigaton, aiming to reduce emissions related to its operations by a total of 1 billion tons by 2030.
KEYWORDS: Walmart, Project Gigaton, NYSE:WMT, 2018 Fortune Change The World List, Food Waste, Recycling
On August 16th, KENS 5 aired a report of a stolen vehicle in San Antionio. The next day, a Republic Services driver, who wishes to remain anonymous, spotted the vehicle while at an apartment complex on his route. He blocked the car into its parking space, staying with it until police arrived.
Robert Rodriguez, operations supervisor for Republic Services, told KENS 5, "This is just a reflection of what Republic is and hats off to the driver for doing the right thing."
KEYWORDS: KENS 5, San Antonio, acts of kindness, Republic Services, good citizenship
Fortune recognizes Abbott for creating positive social impact through business
Today Fortune magazine announced its "Change the World" list, recognizing companies that are delivering shared value by making an important social or environmental impact through their core business strategy and operations. Fortune included Abbott on the list of leading companies, highlighting work to help dairy farmers through a nutrition supply chain initiative.
Working in partnership with India supplier Prabhat Dairy and TechnoServe, a non-profit organization focused on business solutions to poverty, Abbott reached 1,500 smallholder dairy farmers, providing them with the training and resources needed to increase their incomes, while providing the high-quality milk that Abbott's nutrition business needs.
KEYWORDS: nutrition, Dairy, Shared Value, India, Change the World, Abbott, NYSE:ABT
Entegra Procurement Services, a division of Sodexo North America, increases purchasing power to become a market leader in foodservice GPO procurement services
Sodexo, a food services and facilities management company committed to improving Quality of Life today announced a partnership between its affiliate entegra Procurement Services and Dining Alliance as part of the newly launched Buyers Edge Platform. The Buyers Edge Platform reaches 45,000 operator locations and represents a dynamic and rapidly growing GPO and multi-faceted service provider for the restaurant, lodging, and casino markets with over $7 billion in potential purchase volume.
“Entegra looks forward to supporting the growth and value creation focus of the dynamic Buyers Edge Platform through the strength of our supplier portfolio of agreements, our commitment to collaboration with our clients and our industry knowledge as a leading Group Purchasing Organization in North America,” explained Dana Johnston, entegra president.
“We had our choice of partners and did three years of due diligence. Entegra proved to be the most flexible, competitive and forward thinking and we’re excited about the future of this partnership,” shared John Davie, CEO, Dining Alliance and Buyers Edge Platform.
Entegra’s collaborative approach and industry-leading portfolio of supplier agreements made it the right partner for the Buyers Edge Platform. The entegra portfolio of supplier agreements will be paired with custom agreements negotiated by the Buyers Edge Platform team and the Sodexo purchasing team to further enhance the value created for the member companies and participants of the Buyers Edge Platform.
Entegra Procurement Services provides procurement management solutions for clients in industries including Hospitals, Seniors, Education, Faith-Based, Travel, Sports & Leisure, Hospitality and Restaurants. With a focus on supporting each client’s unique business strategy, entegra delivers procurement services solutions that drive operational effectiveness and provide innovative products and services. To learn more visit www.entegraps.com.
About Sodexo North America
Sodexo North America is part of a global, Fortune 500 company with a presence in 80 countries. Sodexo is a leading provider of integrated food, facilities management and other services that enhance organizational performance, contribute to local communities and improve quality of life for millions of customers in corporate, education, healthcare, senior living, sports and leisure, government and other environments daily. The company employs 150,000 people at 13,000 sites in all 50 U.S. states and Canada and indirectly supports tens of thousands of additional jobs through its annual purchases of $9.2 billion in goods and services from small to large American businesses. Sodexo is committed to supporting diversity and inclusion and safety, while upholding the highest standards of corporate responsibility and ethical business conduct. In support of local communities across the U.S., the Sodexo Stop Hunger Foundation has contributed close to $32 million over the past 20 years to help feed children in America impacted by hunger. To learn more about Sodexo, visit SodexoUSA.com, SodexoInsights.com and connect with us on Facebook, Instagram, LinkedIn, Twitter and YouTube.
KEYWORDS: Sodexo, Group Purchasing Organization, Entegra, OTC:SDXAY, Buyers Edge Platform
In partnership with Comunidad y Ambiente Adonai, Scotiabank Mexico supported the development of 50 young people in the northern region of Oaxaca by helping them remodel their school and shelter providing them an enhanced place to learn and to live. More than 30 Scotiabank volunteers supported this initiative.
At Scotiabank we continue to promote the infinite potential of indigenous youth in Mexico.
Tweet me:Scotiabank Celebrates International Indigenous Day #infinitepotential http://bit.ly/2OOhwoO Scotiabank Mexico supported the development of 50 young people in the northern region of Oaxaca #CSR
KEYWORDS: International Indigenous Day, Scotiabank, Mexico, csr, young people, Infinite Potential
The Commonwealth Bank of Australia has released its annual report for the 2018 financial year. The report includes a comprehensive view of the Bank’s non-financial progress and performance and is supplemented by a number of Spotlight articles detailing the Bank’s approach to financial education, financial wellbeing, diversity and inclusion, customer advocacy and climate change.
Kylie Macfarlane, General Manager Corporate Responsibility, Commonwealth Bank, believes the newly combined report sets out the contribution being made by the Bank and its commitment to responsible and sustainable business practices.
“More than 49,000 dedicated people serve more than 16 million customers across Australia and countries around the world. We reached a number of milestones across community investments, students accessing financial education, lending to renewable energy projects and cultural diversity in our workforce to name a few”, Macfarlane says.
To read the 2018 Annual Report, visit: www.commbank.com.au/about-us/investors/annual-reports
The 2018 Spotlight Series can be found at: www.commbank.com.au/about-us/opportunity-initiatives/performance-reporting.html
About Commonwealth Bank of Australia
Commonwealth Bank of Australia is one of the largest listed companies on the Australian Securities Exchange and the most recognised brand in the Australian financial services industry. The Group provides retail, private, business and institutional banking services to more than 16 million customers in 11 countries.
Commonwealth Bank Media: firstname.lastname@example.org
Tweet me:.@CommBank’s 2018 Annual Report outlines their commitment to responsible and #sustainable business practices. Learn how they are investing in the community and the planet here: http://bit.ly/2N0hGZu via @ReportAlert
KEYWORDS: Commonwealth Bank of Australia, ReportAlert