Corporate Responsibility

The Greater Bay Area is taking shape rapidly with the opening of the Hong Kong-Zhuhai-Macao Bridge and the Express Rail Link. These milestone infrastructure projects are the key to a new era of super-connectivity that promises exciting new business opportunities for the region.

Part of the Greater Bay Area vision is to empower the development of smart cities with advanced energy systems enabled by digital technologies. To help make that vision a reality and guide business customers towards a greener and smarter future, CLP formed a joint venture in Shenzhen in 2018 with Beijing TUS-Clean Energy, a company affiliated to China’s prestigious Tsinghua University.

As the field of pro bono service continues to grow, companies increasingly identify pro bono programming as a critical element of their overall social impact objectives. Taproot Foundation conducted an inaugural survey of companies doing pro bono to collect data on their programs, identify trends, and share key observations for advancing the field. This resource provides information to help practitioners compare their program design and outcomes to peers in the field, and to support them as they achieve greater impact through pro bono service.

Amazing that the three questions that launched the LBG Model in 1992 remain top of mind, 26 years later. All industries, corporate structures, areas of focus and size.

Having just read the book Winners Take All: The Elite Charade of Changing the World by former New York Times columnist, Anand Giridharadas, and mostly agreeing with it, I thought that it would be interesting to read a critique by Jay Coen Gilbert, the co founder of the movement for Certified B Corporations, which happened to fall into the crosshairs of Giridharadas’ criticism.

Government regulation can be a blessing or a burden. In every case, it’s the result of a public process. In contrast, says Domtar CEO John D. Williams, too many of today’s extra-governmental, voluntary programs — shadow regulations — fall short of this process. Shadow regulations are built on opaque algorithms and are of nebulous value, and they threaten the very transparency that legitimate sustainability regulations are supposed to advance.

The General Motors African Ancestry Network, in partnership with Cadillac, discovered “The Power of Reinvention” during its 13th annual Black History Month Program. This year’s theme acknowledged the power of the organization’s collective history born out of diverse experiences to bring together GM employees and the community.

As CECP marks its 20th anniversary, corporate social investment is more important than ever. Looking back at the last two decades, measuring and benchmarking social investment overall has become more integrated in corporate strategies and has employed more sophisticated tools and models to evaluate progress. Since its founding, CECP has been steadfast and unparalleled in helping companies transform their social strategy and gain serious, on-going traction.

CEOs from institutional investor firms BlackRock and State Street released their annual guidance to companies on practices they “believe will drive sustainable, long-term growth, and profitability.” These letters were issued amidst widespread cynicism, both socially and economically, while anxious chatter continues about the role of business, capitalism, and strategic time horizons.

Subaru of America, Inc., announces that it has recycled one-million pieces of waste through the automaker’s ongoing Subaru Loves the Earth recycling program, created in partnership with TerraCycle®, the world’s leader in the collection and repurposing of complex waste streams.

To build on the growing body of global corporate social investment research, CECP: The CEO Force for Good announced the launch of a multinational inquiry into shared themes and trends in corporate social investments around the world. CECP’s Global Exchange seeks to unite country-based, mission-driven corporate social investment organizations to advance the corporate sector as a force for good around the world. Participating organizations – each referred to as a Global Exchange Country Partner in their respective country – collective represent over 54% of the world’s population and 67% of the world’s GDP.