The correlation between responsible business practices and profitability has become increasingly apparent as communities, governments and employees hold companies accountable for generating mutual value. Defining that value in relevant terms is equally important – and accomplished through long-term relationships with stakeholders.
T. Rowe Price’s 2015 Corporate Social Responsibility Update details the firm’s efforts to promote financial education, reduce its environmental footprint, and empower associates to have an impact in their communities. Among the firm's accomplishments last year, T. Rowe Price:
• Reached more than 1.5 million people through the firm’s financial education websites, online games, exhibits, apps, and programs
• Reduced landfill waste by 80% since 2010
• Activated more than 7,000 solar panels on its Maryland Campus
• Amassed more than 57,000 associate volunteer hours
• Distributed $8.2 million in direct grants and associate matching gifts through the T. Rowe Price Foundation
Diageo, a global leader in beverage alcohol, this week reported strong progress against its 2020 sustainability and responsibility targets with the publication of the company's 2016 Annual Report. Diageo made notable gains in its improvement in water efficiency, reduction of carbon emissions and waste materials as well as taking new steps to promote responsible drinking and agreed strategic partnerships with development organisations.
Orange has chosen to issue an “Integrated Annual Report” for the first time, which invites shareholders but also any stakeholder to consider the CSR aspect of its strategy. It aims to show how Orange, a digital, efficient and responsible company, focuses on a sustainable business plan to benefit its customers and create value for the whole society by making digital technology a driver of progress for all.
This past year, Sappi Limited announced a new strategic vision to reshape our business through further diversification. Our transformation journey is not about radical change. It has been, and continues to be, an intentional evolution of the business—changing to meet market needs and opportunities.
Cultivating a workplace that inspires everyone to live Newmont’s core values – safety, integrity, sustainability, inclusion and responsibility – and to reach their full potential is a commitment detailed in our policies, standards and training.
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The business landscape is reorienting itself and you can almost hear priorities shifting toward change-readiness and the bigger picture. And in this...