Schneider Electric itself is committed to reach carbon neutrality by 2030 and being powered by 80% renewable electricity by 2020. The company has also helped many other RE100 signees to reach the same goal. After taking steps for efficiency, the next step, if more energy is needed, is to adopt renewables by the different ways of buying it. That combination of efficiency and fostering renewable energy has also helped Schneider to get closer to its goal of avoiding 120 million tons of CO2 on behalf of their customers by 2020.
The 8th Global Pro Bono State of the Practice, presented by PYXERA Global, highlights the top five trends based on data collected from 26 companies, 63 percent of which belong to Fortune’s Global 500.In addition to overall growth in the practice area, trends show companies are prioritizing social impact, aligning programming with corporate strategy, engaging more internal stakeholders, and increasing impact measurement to make the business case for Global Pro Bono. The State of the Practice also includes a practitioner’s guide for companies keen to pilot a program and ensure it has a foundation for success.
The interest from the investment community in ESG disclosures is growing at a rapid pace, with no sign of slowing down. The shift is requiring more parts of the organization to be involved, with levels of transparency being asked that simply wasn’t before. What do investors expect and how do all stakeholders push ESG disclosure forward?
Attorney Silda Wall Spitzer and John Mandyck, CEO of Urban Green Council, writing in Harvard Business Review explain that while “some” board members have become increasingly “sustainability/ESG fluent” many companies [still] don’t expect their directors to understand sustainability or ESG and don’t provide board room education on the subject matter.
Companies should act to not only eradicate the problem of child labor, but also help tackle the underlying reasons it exists. That’s what Philip Morris International (PMI) has been striving toward—eliminating child labor by changing the way it purchases tobacco, monitoring the labor practices on farms, and adopting initiatives to help farming communities improve their business operations so they don’t need child labor.