A new report entitled Global Oil & Gas – The Adaptation Challenge has identified top five impacts of climate change to the oil and gas industry. While three quarters of the world’s oil and gas companies surveyed believe climate change could impact their business, only 19 percent are taking action as noted in this report.
If business wants to regain the public’s trust, they’re going to have to be trustworthy, and employees are the key. Here are three basic steps to engage your employees, build social capital, and win stakeholder trust.
Many companies are turning to Corporate Social Responsibility as a strategy to win back the trust of their stakeholders and customers. It won’t work. Why? Because you don’t become trustworthy by asking people to trust you even more. Corporate social responsibility requires trust.
Voting has begun for the Third Annual CR Reporting Awards (CRRA‘10), the only independent global annual awards for corporate responsibility (CR) reporting. The jury consists of an online CR community of 28,500. The deadline to submit your vote is: January 29, 2010.
There is a serious lack of trust among consumers these days. Citizens of every country are eying large national and multi-national corporations with a narrowed, suspicious gaze. Questions are being asked. Answers demanded. With taxpayers around the world bailing out stupendous failures in the financial, housing, and insurance sectors, there is more than a lack of consumer confidence affecting the market. Frankly, we’re over it. We just don’t trust big business anymore. This is actually nothing new. But the uniform opinion of distrust, leveraged by the social media tools of Twitter, Facebook, LinkedIn, Ning sites, and blogging seems to have brought us to a tipping point.
Are you a recent graduate discovering how difficult the current market is, unemployed, worried you might soon lose your job or just feel that your career seems stuck in place? Are you thinking that now may be the best time to re-tool your career? Going for a green MBA, now, while the job market is stagnant may be a smart move; both for recent graduates, currently unemployed (or underemployed) professionals as well as for those who want to forge a path into a career in corporate sustainability. But what is a Green MBA, why is it important and what schools are offering them? These are the questions this post delves into.
I’m lucky, I found my vocation. But CR is becoming much more mainstream and now appeals to a wider group as a potential career. I receive emailed CV/resumes every day and aim to reply to all of them – I did say ‘aim’ – one of CR reporting’s most useful qualifications. Feel free to chase me. Opportunities are expanding in major companies, business organizations, NGOs and think tanks, socially responsible investors, academia, regulators and political parties and consultancies (us). But does CR offer the many interested graduates and mid-life changers prospects of a fulfilling and rewarding career? Here’s a test of your aptitude for the majority of CR positions available today…
So you wrote a CR report! Big deal! What next? Make it BUZZ. The thing about writing CSR reports is that they take a helluvalotta energy. The reporting process takes months, involves many internal and external stakeholders, and creates a reporting frenzy in the organization which bypasses none but the most unengaged employees. In theory, that is. Sometimes reporting is an intensive process for a just small group of individuals in the organization. Whatever the format, it’s intense. There’s a build-up. A deadline. Many hurdles to defuse. (is that as mixed metaphore?) Then. It happens. You send the report to print (or upload it to your fancy new html flash mini-site for viewing by the general public) and that’s it. B-I-G sigh of relief. Mop your brow. Stare into space and feel the release. Off to the bar for a celebratory drink. Sit back and wait for the compliments to start flowing in. I suspect this is how it happens in most organizations.
In order to stand out from the competition and be successful in the 21st century, companies must establish themselves as progressive, forward-thinking entities that are ready to take on today’s complex challenges. As a result, conducting business in a sustainable and socially-conscious manner, as well as diversity in the workplace are now recognized as key drivers of bottom-line growth and corporate reputation. With this in mind, Tory Clarke and Larry Griffin, founding partners of Bridge Partners LLC, an executive search firm developed CSR Insights, a network and knowledge-base related to social responsibility leadership.
