Chipotle, primarily known for its Food with Integrity campaign, has been a quiet supporter of refugees who are creating new roots in the U.S. For the past few years, the Chipotle Cultivate Foundation has provided grants to support the International Rescue Committee’s (IRC) New Roots Program, and is currently in the midst of a two-year commitment to finance the program’s […]
The sharing economy reflects a growing tension between two main approaches, one focusing on value and the other on values. The approach focusing on value addresses the sharing economy as a disruptive force providing attractive opportunities to create and deliver value. Uber is probably the best example of this approach.
The second approach is maybe best described by Rachel Botsman:
“I tend […]
The world awoke Wednesday morning to the news that a number of high-ranking FIFA officials had been arrested by Swiss authorities in a Zürich hotel, and were facing extradition to the USA on charges of racketeering, money laundering and wire fraud.
And there’s more. A few hours later, the Swiss announced that they had also been busy with their own investigation, […]
Bias in policing, economic and health disparities and social policy are topical in the media, corporate dining halls and on college campuses.
Yet, a review of the literature and media coverage suggests insufficient understanding of the nuances of racial bias.
Racial bias advances inequality. While there are no absolute remedies, there are some best practices.
1. Avoid presuppositions – unfounded or misinformed assumptions […]
The World Health Organization defines the environment, as it relates to health, as “all the physical, chemical, and biological factors external to a person, and all the related behaviors.” Our environment consists of the nature that surrounds us, the air we breathe, our access to clean water. However, as human beings spend increasingly more time indoors – whether at home or […]
Hundreds of protesters gathered in front of two Nestle bottling plants in California on Wednesday to deliver petitions demanding the company stop bottling operations in the drought-stricken state.
The petitions – carrying more than 500,000 signatures – were accepted by Nestle staff members at both the Sacramento and Los Angeles bottling plants, protesters said, as residents and activists chanted slogans like “Our […]
NEW DELHI: Google has announced support to three non-profit organization in India, with $500,000 in grants to promote child safety campaigns.
With the grant, Google aims to support non-profits with smart applications of technology, and help scale initiatives aimed towards child safety programs and campaigns in India.
The three short listed non-profits have been doing phenomenal work in providing free counseling to […]
Clearinghouse Community Development Financial Institution is hoping to start a chain reaction by committing to development in low-income communities in an effort to improve lives and make a difference, president and CEO Douglas Bystry tells GlobeSt.com. As GlobeSt.com reported recently, the firm has created a new company, Clearinghouse CDFI’s Real Estate Investment Co., which will purchase and invest in real […]
When I lived in Silicon Valley, I was struck by not just the region’s income disparity, but also by the lack of compassion that wealthy tech workers sometimes displayed toward the poor.
I would overhear tech employees complain about the homeless in degrading ways — at coffee shops, bars and in parks. Sometimes their disgust spread online. One notorious example took […]
The recent, national push for natural ingredients may not fix all of America’s dietary ills, but local nutrition experts and business owners largely see the trend as a step in the right direction.
Officials from chain restaurant Panera Bread Co. on Tuesday unveiled a list of more than 150 artificial ingredients that will be eliminated from the menu by the end […]
Doing business profitably, while minimizing societal harm – and potentially doing good – has become an essential strategy for large corporations and institutions. Call it corporate citizenship, conscious capitalism, shared value or triple bottom line (Profit, People, Planet). Now socially responsible business practices are no longer restricted to the Corporate Social Responsibility (CSR) department. Conscious capitalism has not only changed […]
Silicon Valley start-up Scalechange has announced a suite of programs and services aimed at connecting socially conscious consumers with the causes they care about.
Scalechange, founded in 2014 provides digital marketing, crowdfunding and fund development services to mission-driven businesses such as B-Corps and nonprofits. In addition to providing services to the causes they care about, the team is creating innovative new […]
Our latest Freakonomics Radio on Marketplace podcast is called “Is Good Corporate Citizenship Also Good for the Bottom Line?”
The short answer: yes. That’s the finding of Robert G. Eccles, Ioannis Ioannou and George Serafeim from their recent paper “The Impact of a Corporate Culture of Sustainability on Corporate Behavior and Performance” :
“We show that there is significant variation in future […]
Companies get stuck in box-checking when it comes to sustainability. But there is substantial value to be found in making sustainability a strategy.
Over the last few decades, the business world has had to face up to significant resource constraints beyond access to capital. This is being felt in the increasingly damaging effects of climate change and the diminishing availability of […]
With key sustainability credentials often hidden deep within long annual reports, businesses are increasingly embracing the likes of Facebook, Twitter and YouTube to communicate directly with their customer base.
Global brands have long purported to place sustainability at the heart of their business plans, but actually getting customers on your side over big sustainability issues has become crucial for business survival […]
The concept of Corporate Citizenship – the positive roll of a company in the community and society in general has been evolving over the years.In the past, being a good corporate citizen was about environmental issues and green initiatives. Not anymore. Today good corporate citizenship is much more holistic and integrated into the company culture and includes not only environmental […]
It’s no longer enough for businesses to simply buy and sell their products and services without considering the world in which they operate. Companies must voluntarily do business in an economically, socially and environmentally responsible manner to be sustainable over the long term. Corporate social responsibility (CSR) will look different for each business. For outdoor apparel maker Patagonia, it means […]
On average, companies that integrate their corporate citizenship with their business strategy are twice as likely to report success in achieving important business objectives. Integration at this level requires a real understanding of how everyone involved will make a contribution and how progress will be measured in numbers.
Similarly, programs that invested in their corporate citizenship programs for at least four […]