T. Rowe Price’s 2014 Corporate Social Responsibility Report describes the firm’s progress on its commitment to reduce environmental impact. Between 2010 and 2014, the firm cut landfill waste by 49%, expanded recycling by 79%, and reduced greenhouse gas emissions by 3%, all while the associate population grew 30%.
BJ’s Charitable Foundation announced today the donation of 70 grants to nonprofits that will impact the lives of more than two million residents across its 15-state footprint. As part of its quarterly grant cycle, the Foundation contributed $249,900 to benefit the underprivileged in the areas of education and hunger prevention.
The Sustainability Accounting Standards Board (SASB) just announced a new credential for accountants charged with analyzing sustainability issues that impact the bottom line. “More and more companies are disclosing sustainability information. In 2011, only about 20 percent of S&P 500 companies produced a sustainability report, while in 2014 that number jumped to 75 percent.”
At its sixth annual Inspiration Gala Los Angeles at Milk Studios on October 29, the American Foundation for AIDS Research (amfAR) honored television writer Ryan Murphy with its Award of Inspiration for his contributions to the fight against HIV and AIDS. Murphy, whose series include Glee and Scream Queens for FOX, as well as American Horror Story for FX, has consistently given voices to LGBT characters in his television and film projects. 21st Century Fox was a Platinum Sponsor of the event and served as Vice Chair, along with Fox Television Group and FX Networks.
Baxter International Inc. (NYSE: BAX) has been recognized as a corporate sustainability leader for the 16th consecutive year as part of the Dow Jones Sustainability Index. The company also has advanced a variety of newly initiated corporate programs to provide young environmental scholars with practical experience, support crisis intervention and suicide prevention for young people, and offset greenhouse gas emissions associated with its air travel.
"Imagine the scenario. A large multinational with a secure market position, steady cash flows and a healthy balance sheet suddenly and unexpectedly gets news of a regulatory change that will have a significantly negative impact on its business. Almost overnight the company is forced to write off millions..."