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The understanding of CER cannot be separated from CSR—both are interconnected and based on environmental protection. There are three major areas related to these two concepts—economic, environmental and social. CER is focused more on economic and environmental while CSR relates to social and environmental aspects.
The new CSR legislation under section 135 of the Companies Act 2013 requires companies of a certain size to spend 2% of their net profit [8] on activities as prescribed under schedule VII, which are primarily aimed at community development. The canvas of CSR remains narrow and de-linked from the core-business activities of a company.
A Memorandum of Understanding was developed between the ISO Group and the United Nations Global Compact in order to both develop and promote the ISO 26000 as the go to Standard for CSR. Unfortunately the United Nations Global Compact did not fulfill its commitment under that MOU nor subsequent commitments to bring the ISO 26000 to the other 90 ...
From January 2008 to December 2012, if you bought shares in companies when Mary Sue Coleman joined the board, and sold them when she left, you would have a 5.3 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
Most Americans in a new poll said they probably won’t get an updated COVID-19 vaccine. The Pew Research Center survey found 60 percent said they are “probably not” going to “get an updated ...
[7] [8] Commercial frameworks have been developed for sustainability reporting and are issuing standards or similar initiatives to guide companies in this exercise. There is a wide range of terminology used to qualify this same concept of sustainability reporting: ESG reporting, non-financial reporting, extra-financial reporting, social ...
A cleaning company has been fined $171,000 after federal investigators found 11 children working a "dangerous" overnight shift at a meat processing plant in Iowa.
Professional boxer Amanda Serrano said she's ready for another rematch against Katie Taylor after losing the undisputed women's lightweight title by unanimous decision via three scores of 95-94 in ...