Building a better world through our solutions and services while creating value for our varied stakeholders is an important priority for Keysight. That’s why our CSR policies are a vital part of our business strategy.
This year marks the 20th anniversary of the Global Reporting Initiative (GRI), an independent body that has pioneered sustainability reporting from a niche practice to one now adopted by organizations around the world. Read what GRI's Chief Executive Tim Mohin has to say about the growth of sustainability reporting, the importance of transparency, competition between reporting methods and his hopes for his own legacy.
When it comes to the disclosure of non-financial information, it’s understandable that many businesses come begrudgingly to table. But when sustainability reporting is focused on a few, truly relevant issues, it creates vital data that can help companies contribute to sustainable development and be more profitable in the process.
At this year's United Nations high-level political forum, 43 countries presented their voluntary national reviews on the progress towards achieving the Sustainable Development Goals. GRI took this opportunity to investigate how the private sector in particular has been included in these reviews. Here we present a quick overview of three emerging trends on the private sector role in the 2030 Agenda.
Las Vegas Sands Corp. (LVS) launched its 2016 Sands ECO360 Environmental Report. 2016 marks the beginning of the company’s new five-year reporting cycle with updated Sands ECO360 strategy and new ambitious 2020 sustainability goals. The company’s targets are aligned with the United Nations Sustainable Development Goals and LVS became the first Integrated Resort company to have their emissions reduction targets approved by the Science Based Targets initiative.
Any PANDORA product starts its journey with our in-house Design team. As a new piece evolves, our designers will make choices on which materials to use. Whenever new materials or suppliers are introduced, our Ethics teams are consulted in order to discuss potential environmental or social impacts. Such early interaction helps to ensure that PANDORA refrains from using potentially problematic materials – and it provides Group Ethics and other departments with valuable knowledge, enabling them to act in due time.
In 2015, PANDORA launched a new Code of Ethics, stipulating our ethical aspirations as a company and our ethical expectations to the behavior of our people. The code covers areas such as human rights, working conditions, environmental footprint, anti-corruption and supplier relations. Building on our ethics policies (available on www.pandoragroup.com/csr), the code offers our employees one common point of reference for ethical dilemmas backed by training modules spanning hiring procedures, workplace ethics and anti-harassment to fraud, gift giving and misuse of company assets.
Subaru has supported Meals on Wheels for the last nine years through Share the Love, contributing more than $12 million to Meals on Wheels America and providing more than 1.7 million nutritious meals, friendly visits, and safety checks to seniors in communities nationwide. Subaru announced the donation to its 630-strong retailer body at the company’s National Business Conference in Denver, CO. This was particularly appropriate as Subaru retailers participate in the company’s annual Share the Love event and donate to causes in their local community. The company’s ‘50 Cars for 50 Years’ vehicle donation will enable Meals on Wheels programs to deliver more nutritious meals and moments of companionship, expanding its reach to seniors in need.
Today is National Safe Digging 8-1-1 Day, and Consumers Energy is encouraging Michigan homeowners and business owners to call MISS DIG 8-1-1 before starting digging projects. “The safety of our customers, the public and local communities is our No. 1 priority. Everyone is safer when anyone digging takes the time to call 8-1-1 to be sure they’re not digging near underground pipes,” said Mary Palkovich, Consumers Energy’s vice president of gas engineering and supply. “We are pleased to see progress in building public awareness of MISS DIG 8-1-1, and we want to help people avoid underground pipelines.”
Having acted as the Chief Executive of GRI since January 2017, Tim Mohin is more convinced than ever that transparency is a powerful force for change. However, we are still far from end goal: sustainable development. For that, we must evolve sustainability reporting.
The World Business Council for Sustainable Development (WBCSD) has developed tools to help companies and businesses transition towards a circular economy and undertake natural capital measurements and valuation, thereby contributing to a number of the Sustainable Development Goals (SDGs), including SDG 12 (responsible consumption and production), SDG 8 (decent work and economic growth) and SDG 9 (industry, innovation and infrastructure).
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