Achieving Corporate Citizenship Progress Together
Spring is a time of transition. Here in Boston, we at the Center are beginning to feel the sense of possibility that accompanies the season. Throughout this long winter, corporate citizenship practitioners have kept their noses to the grindstone, and have continued to accomplish remarkable goals. Now, with the new season, it’s time to step back and take stock of where we are in this field, what we hope to accomplish, and how we plan to get there together.
There’s no doubt that the achievements that are reached by teams of CSR professionals across the globe far exceeds the number of people engaged in these efforts—and the results that are accomplished by considering the environmental, social, and governance (ESG) aspects of business can affect the lives of thousands, as illustrated by Member company Target’s recent decision to raise their minimum wage.
Target’s decision to increase their lowest compensation bands follows similar moves from fellow Member companies Ikea and Disney. For many industries, wage concerns are a pressing CSR issue, and companies will be looking to these forerunners to see how they navigate the associated business and social ramifications.