Social media opens up the debate between the role of compliance and the importance culture within companies.
Employee engagement is a fluid term with many definitions. My preferred, simple, definition is from Kevin Kruse, who has written extensively on the subject. He sees it as “the emotional commitment the employee has to the organization and its goals.” Most important to this is the effect it has on the individual and the company they work for. Two related news pieces over the last week have caught my eye.
In line with the Global Reporting Initiative (GRI)’s deadline to have companies report using the latest G4 standards by 31 December 2015, Singapore Exchange’s ‘comply-or-explain’ ruling on Sustainability Reporting will mean stronger focus on Materiality for listed companies. Find out more here.
A new report titled ‘Measuring the Impact of Corporate Social Investments’ has been released by The Conference Board today. The report set out to examine the challenges related to measuring the impact of corporate social investments, and to offer promising practices and recommendations that would meet organisational needs and advance the field overall. The report also highlights LBG as one of the key measurement frameworks used by organisations to measure and report on their corporate community investment.
What’s the biggest tax surprise in Plucking the geese? For readers, fixated by rows about corporation tax/corporate income taxes it’s this: Taxes on profits are NOT companies’ most significant tax contributions.
A benchmark can be an incredibly powerful tool for corporate responsibility practitioners to understand and improve their performance. When done correctly, it can enable businesses to learn from each other and make smarter decisions. However, we’ve noticed there are some mistakes that companies consistently make when conducting a benchmark. Here are three common pitfalls to avoid…
We could just say, “forget the rest” and live for our own gain. While some people do just that, the rest of us are left with these odd feelings of empathy, guilt, responsibility and ultimately, morality. I believe that corporations should operate under this same code.
Following the Martin Wolf article, I perused Business and Social Mobility: a Manifesto for Social Change. The diagnosis is that Britain wastes far too-much talent because employers recruit from too narrow a pool. The prescription is that Business (yes, BUSINESS) does need to do something about it.
Martin Wolf, the sage of the FT’s comment page was in a gloomy mood on Wednesday last. The topic was economic inequality. The article was entitled Why inequality is such a drag on economies It was fuelled by two equally downbeat studies of the US economy by Morgan Stanley and Standard & Poor’s.
Corporate sustainability may be an increasingly hot topic among corporations and consumers in Singapore; but certain issues are still not making it to board-level discussions. These are some of findings from the latest global study carried out by global sustainability consultancy, Corporate Citizenship. This year-long study, which involved 16 multinationals – including Singapore’s very own City Developments Limited (CDL), Sembcorp Industries and Singapore Telecommunications Ltd (SingTel) – shed light on the challenges faced by business continuity teams today as they strive to create resilient and sustainable strategies.