The CSRD (Corporate Sustainability Reporting Directive) in the EU reforms and significantly expands the reporting obligations of companies. It extends the reporting requirements and makes it compulsory for big to small and medium-sized enterprises based on a harmonized reporting.
Last month, Mohawk Industries VP of sustainability and commercial marketing George Bandy Jr. was recognized by the U.S. Green Building Council with the prestigious USGBC Leadership Award. Bandy was presented with the accolade by Mahesh Ramanujam, USGBC president and CEO, during a special ceremony in Chicago that coincided with the Greenbuild International Conference and Expo.
Watch this clip to learn why Bandy was inspired to pursue a career and calling in sustainability and how his role at Mohawk has allowed him to continue on his own personal journey to believe in better.
Institutional investors act when they hear how companies will create value over the long-term. In a new study, The Economic Significance of Long-Term Plans published by KKS Advisors and CECP’s Strategic Investors Initiative (SII), an abnormal change in market returns and an increase in trade volume is observed after that company’s CEO presented a long-term plan to institutional investors. This is the first time the reaction to a CEO-presented long-term plan has been quantified and is early evidence that the audience of institutional investors find the information in these presentations decision-relevant.
The report defines the Brands Taking Stands movement succinctly: “A growing roster of Blue Chip companies are using their powerful voices to urge continued U.S. support of the Paris Climate Agreement, to strengthen gun control laws, to fight immigration laws that would negatively impact Dreamers, to champion diversity and inclusion, and to protect LGBTQ rights, among other hot-button and often political issues.”
For Aflac employee and CSR Hero Tarisha Fields, living a sustainable lifestyle is a priority at home and at work. She practices green initiatives with her family, community and at work as part of Aflac’s Green Committee.
What kind of leader can move companies toward better social and environmental performance? Research has shown that evaluating certain individual traits can help identify the leaders of tomorrow who will have the tools to address the serious sustainability challenges businesses face today. Former Erb Institute Postdoctoral Fellow Judith Walls describes these traits in “The Power of One: Leadership and Corporate Sustainability,” recently published in The European Business Review.
Bacardi sustainability efforts continue to draw attention, this time in China. DRiNK Magazine, Asia’s leading bar industry website, awarded the campaign the first ever Sustainability Award presented at The DRiNK Magazine Bar Awards (DMBA). A panel of 160 judges selected Bacardi as a leader in adopting a sustainable culture as part of day-to-day operations. Earlier this year, Bacardi launched its global movement, in collaboration with Lonely Whale, to eliminate single-use plastic straws in Shanghai with a media event co-hosted with Cachet Hospitably Group. The global campaign asks bars, restaurants and consumers to join a pledge to ensure The Future Doesn’t Suck with the goal to eliminate one billion plastic straws by 2020.
As online security and user experience simultaneously become two of the most important topics for modern companies, GDPR compliance by companies is a must. There is an art to creating a high-quality user experience while also adhering to this new regulation, and it begins with design thinking.
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