Shared Value

The Mahindra Group, one of India’s leading business houses, today joined nearly 200 forward thinking companies as the newest member of the World Business Council for Sustainable Development (WBCSD).

Since the first day that I started working in corporate social responsibility (CSR) in the late 1980’s – under the wise tutelage of Reynold Levy, then president of the AT&T Foundation – I both learned and asserted that the purpose of any good corporate philanthropy or CSR program was to find the intersection between societal needs and the business interests of the company and to create real impact for both -- paying attention to a company’s various stakeholders and conducting your business in a responsible manner with an eye on the long-term value for business and society.

Building the business case for sustainability within a company is not always easy. In this interview, Symantec's Debra McLaughlin reveals practical examples of how the company tackled some of their CSR challenges, and how sustainability reporting has been an effective tool for that.

​It is a little over three years since the adoption of EU Directive 2014/95/EU on non-financial disclosure. By now, all EU Member States have transposed these rules into their relevant national legislation, and some innovative and progressive practices have emerged. This article highlights some of the best practices in the application of these state-specific requirements.

GRI's two new Corporate Leadership Groups are looking for dedicated members. If you're an expert on conflict minerals or human rights and modern slavery, GRI invites you to join these expert groups to shape the future of sustainability reporting.

oday, the World Business Council for Sustainable Development (WBCSD) and the Climate Disclosure Standards Board (CDSB) release the second case study in a series designed to provide insights into the sustainability reporting trends across various countries covered by the Reporting Exchange.

Growing commitment to distributed energy resources (DER) is forcing continued modernization of the grid — and the effort shows no signs of letting up. Whether by regulatory mandate or stakeholder pressure, system upgrades are being made worldwide to support the increase in renewable energy, while making infrastructure smarter and more resilient. Historically, attention to the grid’s distribution system focused on poles and wire maintenance and upkeep, but growing connectivity between assets is requiring a more holistic approach.

This month, GRI's newsletter highlights information to support what for many companies is the beginning of the reporting cycle. For example, there's an article on what kinds of businesses in Denmark and Greece now fall under the EU Directive on Non-financial Reporting, given how the company scope requirements were incorporated in local legislation.

“It seems to be easier to win the game when you care about the game.” The morning after the Super Bowl seems an appropriate time to write about the game, but it’s not actually the game of football that I’m interested in. It’s the game of business and what it takes to win in 2018.

Today at GreenBiz 2018, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) and the World Business Council for Sustainable Development (WBCSD) released draft Guidance for applying Enterprise Risk Management (ERM) to Environmental, Social and Governance (ESG)-related risks.