Originally published in Best Practice - Spring 2017 issue
Pfizer believes its business and societal missions are the same: to ensure that all individuals everywhere have access to quality medicines, vaccines and healthcare, and the opportunity to lead healthy lives. Every day, the company strives to use its full resources – people, products and funding – to find new ways to positively impact the health of people around the world.
Proof positive that people and planet go with profit
Ethical Corporation released a new report with case studies from Interface and PayPal on making the social purpose business case. The report shows comprehensive insight into issues such as how to convince leadership teams on this model, how sustainability is driving revenue and the benefits of social purpose on brand proposition.
Over the past 12-18 months the reporting landscape has evolved with new regulations, guidance and future opportunities to impact business as a whole.
At Ethical Corporation’s 11th Annual Sustainability Reporting Summit the GRI, IIRC, Barclays and SustainIt discussed the future trends of reporting, from moving towards integrated reporting, the latest technological trends to transparency and disclosure strategies.
Reporting on the true value of social and environmental impacts is a challenge many corporates are tackling in 2017. BASF, The Crown Estate, Philips Lighting and Natural Capital Coalition recently shared their insights on how they’re building stakeholder trust and brand reputation by quantifying, monetising and reporting their environmental and social economics.
Moving beyond mandate and control, eradicate box-ticking ‘compliance’ and shift mindsets across your supply chain might be the hardest task but truly engaging suppliers is key to the business impact, reputation and competitiveness.
Sustainability reporting has evolved drastically over the past few years; with the increasing legislation, opportunities from the SDGs as well as plethora of options that a connected digital world presents.
DONG Energy announces that its target to reduce greenhouse gas emissions 96% by 2023 is now officially approved by the Science Based Target initiative as aligned with climate science. The target is significantly more ambitious than what is required by the Paris Agreement.
The Foreign Trade Association (FTA) announced yesterday, 15 June, during its annual conference that the association will change its corporate name to ‘Amfori’ as of January 2018. The new name will align the identity of the organisation with its new strategic vision for the future, Vision 2030.