A new report released at the Commit Forum shows that on average, one third of a company’s name value can come from good corporate citizenship How much is a good reputation worth? Volkswagen recently demonstrated the cost of a bad one: in the two days after its emissions scandal broke, its share price plummeted, …
Strong sustainability track record can account for 11% of a company’s value – Report Read More »
Corporate social responsibility goes far beyond what is envisaged in India’s current CSR rules, says Welford Richard Welford, co-founder and chairman of CSR Asia, an independent think tank and consultancy firm that is a strategic partner of IRBF Index 2015, has been working on environmental management and social responsibility for over two decades. A pioneer …
Perhaps you’ve heard the news that everyone is doomed. There’s a crater-sized gap between rich and poor and our planet is running out of room and resources while governments and charities struggle to right the ship.But what about business? If all companies harnessed their powers for good, capitalism could be the most influential force for …
Social responsibility is good for business, so why is corporate giving so low? It’s hard not to be cynical when you hear companies boasting about their values. After all, both Worldcom and Enron were once seen as leading lights when it came to corporate social responsibility (CSR), as was Volkswagen.If the recent emissions scandal tells …
Corporate giving: do Irish companies make the effort? – View Point Read More »
RENOWNED economist Milton Friedman would never have imagined that acceptable returns on shareholders’ investment would remain to be the only measure for assessing a corporation’s success because for him there is only one responsibility of business—to utilize its resources and perform activities designed to boost profits so long as it follows the rules of the …
