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News and discussion on implementing risk management

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sustainability

Government updates corporate social responsibility strategy for extractive industry abroad

A review of the federal government’s 2009 corporate social responsibility strategy (CSR) for the Canadian extractive industry operating in foreign countries found companies are recognizing “the need to consider CSR in planning and operations,” but are asking the government for more assistance…

 

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Corporate social responsibility: Following through on sustainable business initiatives

Sustainability has become a buzzword since sustainability as a practice is a relatively new initiative. From corporate social responsibility, to ‘green’ workplaces, to unethical ‘greenwashing’, it seems as though everyone is trying to get a piece of the eco-friendly pie. In the business world, sustainability is referred to as the ‘triple bottom line’, as organizations consider the environment an important stakeholder.

 

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Sustainable business frameworks

Recently, I wrote about the concept of shared value, a business strategy under which organizations consider the needs of their communities alongside those of their shareholders, in order to improve conditions for business (and communities where they operate) and maximize profit. What a crazy idea, right? Healthier communities mean more profitable businesses? So crazy it just might work.

 

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Renegotiating value and values – do we have a choice?

Last month I read about the death of corporate social responsibility. Now, I’ve come across the concept of “shared value”, which seems like a more thorough expression of the promise of CSR.

 

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Corporate social responsibility is dead!

Some organizations might be happy to hear that, but it’s not what you think. According to some, corporate social responsibility (CSR) was never more than a stopgap measure that allowed unsustainable companies to clothe themselves in robes of virtue.

 

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New guide to CSR for small and medium businesses

A business research centre at Cardiff University, Wales, has teamed up with the British arm of the Association of Chartered Certified Accountants to release a new guide on corporate social responsibility (CSR) for small and medium-sized businesses, called The ABC of CSR for small and medium enterprises. If you don’t mind the Welsh, and can handle reading “programme” instead of “program”, then you might find this guide offers some valuable lessons.

 

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