Corporate Responsibility

Water is essential for life, and ensuring an adequate supply of this irreplaceable resource – for businesses, communities and people – is one of the most pressing environmental challenges of our time. Climate change and a growing population are worsening water challenges in many American regions and communities. Cox Enterprises is committed to doing its part to contribute to a sustainable water future.

Caroline Blakely, President and CEO of Rebuilding Together, made the following statement regarding the damage caused by Hurricane Harvey.

By following the money, we are now establishing a better line-of-sight into the true costs of using water. This, in turn, has enabled us to begin building a model that will provide our managers not just a truer picture of their water costs, but more precisely where they should focus their water efficiency improvement projects for the greatest benefit. This model is now being tested in some of our mills and will be improved as we learn more.

It is an ongoing challenge for this federal agency to secure the money required to maintain real-time monitoring stations across the country. Moreover, if the USGS stops executing this mission, the benefit of long-term water monitoring data is lost. Enter Domtar. We understand the importance of real-time water quality and stream flow data.

The responsible investing movement that we have started and shaped has reached the end of the beginning, with a broad and strong foundation that will evolve to provide the superstructure of our society’s continuing struggle to address and solve its greatest challenges. Our efforts are working, and we are being joined in our mission by more investors worldwide every day. But there is more to be done...

Prospective employees today are able to learn more about companies than ever before - a position that gives them a lot of power when considering their next career move. This knowledge shift is dramatic, especially when you consider that trust, loyalty, and belief in a company’s mission has outpaced salary and perks in the workplace.

Harnessing the power of private enterprise to tackle social challenges with business solutions is what we call Creating Shared Value (CSV). It’s a philosophy that has long driven our decision making at Nestlé and is reflected by our company purpose of enhancing quality of life and contributing to a healthier future.

We’ve also spent time finding and supporting entrepreneurs who exemplify Creating Shared Value through their business ideas and actions. Harnessing these innovations will put new solutions on the table and, at the same time, help spread wealth and prosperity. To recognise and promote the work of pioneers in this field, we launched the Nestlé Creating Shared Value Prize in 2010. Today we launch its 2018 edition.

Along with so many across the nation, CECP was shocked by the events in Charlottesville earlier this month and yet encouraged by the actions of the CEOs of many of world’s largest corporations – most affiliated with this CECP network – that demonstrated that the courage and conviction of business can and should be a force for good.