CSR

Corporate Social Responsibility

Find here national, European and global news of Corporate Social Responsibility (CSR).

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Hunger, poverty, decent work: the covid-19 crisis slows progress towards sustainable development goals

Progress on several Sustainable Development Goals (SDGs) has slowed, or even regressed, due to the COVID-19 crisis. SDGs on health, hunger, decent work, and poverty are among those most affected by the pandemic. In hopes of reversing this trend, the UN calls for collaboration and international...

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Countries to face a wave of corporate lawsuits due to Covid-19 measures

630 international NGOs have expressed their fear for countries that adopted strict confinement measures and halted certain economic activities to slow the spread of COVID-19. Such countries could soon be targeted by many companies that feel wronged by these actions. In the United Kingdom, airlines...

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CEO of JP Morgan chase calls for a fairer economy in the wake of a global pandemic

The current health crisis should serve as a "wake-up call" to build a fairer economy. This was the statement made by Jamie Dimon, CEO of JP Morgan Chase, the first American investment bank and most powerful bank in global finance. According to JP Morgan, far too many people live on the brink of...

Oil giant Total will be carbon neutral by 2050

Following BP and Shell, Total recently announced its 2050 carbon neutrality commitment. Their plan will focus on the oil giant’s production activities and the energy products used by its customers. Convinced that this strategy is a prerequisite for company sustainability, Total has aligned itself...

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Global warming: major german companies are putting the planet on a path to 5°C

Major German companies are far from meeting the Paris Agreement objectives. According to the German start-up "Right. based on science", the climate trajectories of DAX 30 companies, equivalent to the FTSE 100 in England, is set to reach nearly 5°C by 2050. RWE , HeidelbergCement and E.On, even hover...

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European companies fail to meet the climate emergency with big data on ESG factors

Reporting by European companies on the environmental and social dimensions of their activities is not meeting stakeholder expectations and the climate emergency. The Alliance for Corporate Transparency coalition made this stark observation in its February 17th publication in Brussels. This makes the...

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BHP shareholders intensify pressure to leave fossil fuel lobbyist groups

For shareholders in support of the ecological transition, BHP – one of the world’s largest mining companies – must end ties with fossil fuel lobbyist groups. Almost one-third of shareholders voted for such a resolution, but according to the CEO of BHP, leaving these associations will not lead the...

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Exxonmobil heads to trial after being accused of deceiving clients and investors on climate change

Exxon has lied to its investors and underestimated, or rather neglected to consider, the costs associated with climate change regulations. This mistake has had a significant impact on the profitability of the oil giant’s business operations and became the focus of a climate change trial that began...

SDG Action zone ONU Deputy Secretary General Amina Mohammed UN Photo Kim Haughton

The first global summit on the sustainable development goals proves there is a long road ahead to achieving them

Four years after their adoption, the Sustainable Development Goals (SDGs) have become the focus of a first-ever summit at the UN. While certain targets seem increasingly unattainable, it may only be a matter of remobilizing the public and private actors needed to achieve results by 2030.

Artificial intelligence: one week after being established, Google's ethics board is already falling apart

Google's ambition was to develop an artificial intelligence program with the US military. But faced with the outcry raised by its own employees, the company has since changed course and set up an ethics committee on this new technology. Impacted by a poor casting of board members, the plan has...

Despite water stress risks, large companies continue to consume more water

22 March is World Water Day. This basic resource is increasingly abused due to demographic pressure as well as growing industrial and agricultural needs. Despite increased awareness of the risks associated with water scarcity and water degradation, large global companies are only adding to this...

[Infographic] Gender equality is also an economic opportunity

A $5.800 trillion opportunity. This is what greater workplace gender equality could provide the economy, and in doing so, increase global GDP by 3.9%. While equality should not be subject to economic performance, several studies show that inequalities are stalling growth. In some developing...

The plant-based craze sparks the appetite of companies and investors

It's time for agribusiness actors to take the plant-based path. Driven by an activist fund, Nestlé has just separated from the Herta delicatessen division to move towards more plant-based options. McDonald's will soon offer a vegetarian burger, and Danone wants to compete with French organic brand,...

The future of corporate accounting could include ecological debt

In the future, business accounting will have to integrate the degradation of human and natural capital caused by company activities. In any case, this is what many experts are trying to push with a new method of accounting soon to be tested in France.

Despite being challenged on climate, top oil companies still link production increases with executive compensation

To maintain a 2°C trajectory, it is a known fact that two-thirds of all fossil reserves have to be kept underground. However, the majority of oil and gas companies screened by Carbon Tracker continue to base executive compensation on the growth of hydrocarbon production and the increase in their...

Drax power plan successfully captures CO2...But let it back into the air

It's a world’s first pilot, a British biomass plant has managed to capture the CO2 it emits. This is an important step forward in the fight against climate change. The IPCC estimates that this technology could remove about fifteen million tons of CO2 from the atmosphere per year by 2030.

Mining giant Glencore will limit its coal production amid investor pressure

Glencore is not withdrawing from coal. However, the group’s recent announcement is almost the same thing for the stunned public, after expressing their desire to cap coal production. Pressured by investors to align their strategy with the Paris Agreement, Glencore will focus its business on premium...

An Australian court invokes the climate to reject major mining project

An Australian court just reached a potentially far-reaching decision for the mining industry. In order to reject a coal mining project, the court invoked climate change and the Paris Agreement.

PG&E electric: the first bankruptcy linked to climate change

The recent bankruptcy of energy giant Pacific Gas & Electric Company (PG&E) is a very concrete illustration of climate risk. Suspected of being at the origin of the fires that devastated California last November, the company alone is paying a heavy price for its poor consideration of climatic...

10 signals proving the ecological transition is on the right path

Global temperatures are rising, and biodiversity is degrading. Some experts are even predicting the collapse of our civilisation in the near future. Yet, the WWF along with the Banque de France have identified how renewable energy development, agricultural transformation and corporate engagement are...