Allstate released its new Sustainability Report, highlighting achievements in reducing its environmental footprint, increasing the diversity of its workforce and building strong communities.
This is Allstate’s 16th report on its accomplishments in five main areas: corporate governance, ethics, environmental practices, inclusive diversity and community involvement. It was developed in accordance with the Global Reporting Initiative Standards: Core Option framework, and features an Investor Hub that provides standardized metrics for investors interested in environmental, social and governance measures.
CMS Energy today released its Climate Assessment Report – a picture of the energy provider’s work to reshape Michigan’s energy future with a plan that embodies its Triple Bottom Line commitment to people, the planet and prosperity.
Schneider Electric, the leader in digital transformation of energy management and automation announce the winning team of Go Green in the City 2018, its international student case study competition focusing on innovative energy solutions for smart cities.
When you work in a remote location, every second counts in an emergency. An ambulance typically takes eight to ten minutes to reach the Somerset Mill location, so early intervention can provide the best possible outcome.
Univision – the leading media company serving Hispanic America with two broadcast networks, 11 cable networks and 15 mobile apps along with its television and radio stations – says it is doing all it can to use its position of trust to ensure Hispanic voices in communities around the country are seen, heard, and counted.
Institutional investors act when they hear how companies will create value over the long-term. In a new study, The Economic Significance of Long-Term Plans published by KKS Advisors and CECP’s Strategic Investors Initiative (SII), an abnormal change in market returns and an increase in trade volume is observed after that company’s CEO presented a long-term plan to institutional investors. This is the first time the reaction to a CEO-presented long-term plan has been quantified and is early evidence that the audience of institutional investors find the information in these presentations decision-relevant.
The report defines the Brands Taking Stands movement succinctly: “A growing roster of Blue Chip companies are using their powerful voices to urge continued U.S. support of the Paris Climate Agreement, to strengthen gun control laws, to fight immigration laws that would negatively impact Dreamers, to champion diversity and inclusion, and to protect LGBTQ rights, among other hot-button and often political issues.”
What business strategists, and those of us who report on their projections, are on the lookout for is a trend that becomes much more than a cultural snapshot. We’re talking about a defining idea of the zeitgeist that carries large, long-lasting consequences for society as well as for business—in a phrase, a movement--not a moment.
What kind of leader can move companies toward better social and environmental performance? Research has shown that evaluating certain individual traits can help identify the leaders of tomorrow who will have the tools to address the serious sustainability challenges businesses face today. Former Erb Institute Postdoctoral Fellow Judith Walls describes these traits in “The Power of One: Leadership and Corporate Sustainability,” recently published in The European Business Review.
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