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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.
It was released by the International Organization for Standardization (ISO) on 1 November 2010 and its goal is to contribute to global sustainable development by encouraging business and other organizations to practice social responsibility to improve their impacts on their workers, their natural environments and their communities.
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.
From January 2008 to December 2012, if you bought shares in companies when Constance J. Horner joined the board, and sold them when she left, you would have a -3.8 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
Sustainability reporting refers to the disclosure, whether voluntary, solicited, or required, of non-financial performance information to outsiders of the organization. [1] Sustainability reporting deals with qualitative and quantitative information concerning environmental, social, economic and governance issues.
Singapore Airlines (SIA) — voted the world’s second-best airline in 2024 by Skytrax —recently revealed a multi-year 1.1 billion Singapore dollars (around $821 million) program to install new ...
Our thirst for coffee just keeps growing, as does the variety of ways to drink it. The beverage comes with a bold aroma and stimulating taste.
Canada women's coach Bev Priestman, suspended following a drone surveillance scandal at the Paris Olympics, was fired Tuesday following an independent review. Assistant coach Jasmine Mander and ...