The boards of directors of publicly-traded companies have considerable influence over the many duties and responsibilities for the corporation to attend to. Among them is oversight of risk (the two halves of risk: risk or threat and opportunity inherent therein). We put effective risk management as one of the over-arching elements of corporate sustainability and responsibility. What better way to address risk management duties at board level than to focus on the company’s ESG strategies?
Results Show Higher Trust for Firms Reporting on Their Sustainability Journeys New York, NY - March 24, 2016 -- Continuing the in-depth analysis of S&P 500 (r) companies' sustainability reporting activities, Governance & Accountability Institute teamed with the Trust Across America / Trust Around the World program to explore potential relationships of the trustworthiness of companies that do and do not report utilizing the TAA/TAW's proprietary FACTS® scoring. FACTS® analyzes approximately 2000 US based public companies on five quantitative indicators of corporate trustworthiness.
For institutional investors, the key benchmark for many professionals is the S&P 500®, which is considered to be the best single gauge of large-cap U. S. equities. More than US$7 trillion in Assets Under Management are benchmarked to this index, including indexed AUM of $1.9 trillion. In all, the S&P 500 captures 80% coverage of available market cap.
The esteemed business teacher and author Peter Drucker had specific views on ethical leadership: He thought the ethics of personal responsibility stemmed from the advice of the ancient healer, Hippocrates: Primum Non Nocere – First Do No Harm. Today’s healthcare professionals live by the rule. And explains commentator William Cohen, PhD for us: Drucker thought the mirror test was a good test: look in the mirror and ask, what kind of person do I want to see this morning?
Former Prime Minister Gro Harlem Brundtland of Norway (and then special envoy for the United Nations) was invited by the UN to create and manage a “World Commission on Environment and Development (“WCED”), which over time became known as the “Brundtland Commission.” The commission gave the world a framework for moving forward on what would become known as “sustainable development.”
Many nations have created what can be defined as a “Sovereign Wealth Fund,” which hold assets in portfolio that are supposed to benefit the entire population, and usually, future generations of the country’s citizens. The first such fund was launched in 1954 by the oil-producing nation of Kuwait. Today, the largest such “SWF” is that of Norway – officially, the Norway Government Pension Investment Fund – with “wealth” now approaching US$1 trillion in Assets Under Management.
Governance & Accountability Institute announces its support of the Global Sourcing Council's "17 Weeks / 17 SDGs Initiative," developed by GSC in support of the Sustainable Development Goals (SDGs) that were adopted by all 193 countries at the United Nations Sustainable Development Summit in September 2015.
We have exciting news for you this week about an important collaboration, just announced by G&A Institute and 3BL Media. We’re joining forces to help organizations communicate their release of their CSR / Sustainability Report through the largest distribution network focused on CSR and Sustainability news – and to help organizations strategically plan for the future by benchmarking their reporting versus their peers. Together these offerings can help organizations to be recognized for the accomplishments of their "Sustainability Journey" and to help steer the ship and set the sails in
What’s on your list of the top stories of the year just behind us – 2015? Our Top Story this week is a look back at the Top 10 Business Stories of 2015 by Andrew Winston. You may know him as the author of “Good to Gold,” a business bestseller. His commentary was published in Harvard Business Online, and republished by Sustainable Brands in its “The Next Economy” series. We present it here for your reading.
Happy New York 2016 to our friends and colleagues! What are your hopes for sustainability in this new calendar year – the pages are blank, so fill in what you would like to see happening. Elaine Hsieh, director of VERGE at the Greenbiz Group, did that for us with her “biggest hopes for sustainability technology in 2016,” which Greenbiz presented in a year end post.