Wells Fargo & Company (NYSE:WFC) today released its 2017 Corporate Social Responsibility report, which details the significant progress the company made last year to address social, economic, and environmental challenges through its philanthropy, operations, and products and services. In the report, Wells Fargo also reinforces its enhanced commitment to community investments that support economic growth, resiliency, and sustainability, including a pledge to donate $400 million — or more than $1 million a day — to nonprofits in 2018. The company also recently announced that it will provide $200 billion in financing to sustainable businesses and projects by 2030.
Nearly eight-in-10 (79%) Americans say they are more loyal to Purpose-driven brands than traditional brands and nearly three-quarters (73%) are more willing to defend them, according to the 2018 Cone/Porter Novelli Purpose Study. The study, examining consumer expectations and behaviors toward companies that lead with Purpose, finds that Purpose-driven brands can build stronger emotional connections with consumers that go far beyond a transactional relationship.
Nielsen is a leading global provider of information and insights about consumers and markets worldwide, fusing science and data so that its clients—manufacturers and retailers of consumer goods, media companies and advertising agencies—can understand what’s happening today, what will happen tomorrow and how to act on this knowledge to efficiently deliver results that matter. Through this report, Nielsen directly links the importance of environmental, social and governance (ESG) considerations to its critical business issues, ensuring that this alignment inspires continuous improvement and positive change over the long-term.
As a standard setter in sustainability reporting, GRI has a responsibility to engage in sustainability reporting and exemplify best practice in doing so. GRI is sharing the process when writing their sustainability report, the problems that faced along the way, and the solutions found. And it all begins with the materiality assessment.
Every three years, Schneider Electric defines a new indicator to measure its sustainability achievements which form part of the Group’s non-financial results. The sustainability indicators are presented together with the Group’s financial information: by the CEO at the annual and half-year results, and by the CFO at the first and third quarter results. This integrated communication demonstrates Schneider Electric commitment to making sustainability part of the company’s long-term strategy.
As one of the world’s leading biotechnology companies, Amgen’s greatest contribution to society comes from discovering and developing innovative medicines to treat patients suffering from serious illnesses, such as cardiovascular disease and cancer. In undertaking this important work, Amgen makes a positive contribution in numerous other areas—which we share in our 2017 Responsibility Highlights Report.
CapitaLand published its Integrated Global Sustainability Report: Propelling Our Sustainable Growth Journey. The report reaffirms CapitaLand’s commitment to integrating sustainability to build a resilient and sustainable real estate of the future. It covers CapitaLand’s international portfolio and global workforce of more than 12,500 employees, including its listed real estate investment trusts CapitaLand Mall Trust, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust and CapitaLand Malaysia Mall Trust.
What do ratings agencies look at when evaluating companies’ sustainability performance? We asked this from Vigeo Eiris, who also told us about the common challenges businesses face with ESG reporting. Listen to the full interview, alongside the latest sustainability news, in GRI’s newest episode of Beyond Reports.
Coca‑Cola European Partners (ticker symbol: CCE) today launched its latest Stakeholder Progress Report, outlining key achievements in the company’s sustainability journey in 2017. The report comes six months following the launch of This is Forward, Coca‑Cola European Partners’ (CCEP) joint sustainability action plan with The Coca‑Cola Company in Western Europe that sets out commitments across six areas including drinks, packaging, and society – to be met by 2025.
For many people, the combination of activists and industry brings to mind images of protestors chanting while marching with signs and banners in front of a company’s store, headquarters or production facility. For others, it suggests the maneuverings of shareholder activists—equity stakeholders using their investments to pressure a company’s management into some form of policy change. What it might not evoke is visions of support, cooperation or collaboration.
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