Upload
as-you-sow
View
1.042
Download
4
Tags:
Embed Size (px)
Citation preview
Basic Components of a Socially Responsible Company
by Conrad MacKerron
Our Mission
Use the power of financial markets to promote positive change in
corporate social and environmental policies
Shareholder Advocacy –Mobilizing Financial Markets for Social Change
Corporate Engagement
Shareholder Proposals
Proxy Voting
Blue Chip EngagementMore than 50 corporate engagements moving
companies towards greater environmental sustainability and social equity.
Traditional Measures of Corporate Responsibility
Quality of management Compliance with laws Honest accounting Financial soundness Product quality
Two Critical Omissions
Environmental Stewardship
Human Capital
Key Components of Environmental Stewardship
Policies and practices to promote:
• Materials Efficiency
• Reduced Toxics
• Reduced Waste
• Extended Producer Responsibility
Key Components of Human Capital
Policies and practices to deter
• Labor Rights
• Forced Labor
• Child Labor
• Slave Labor
Apple’s Commitment to As You Sow
Best Buy’s Commitment to As You Sow
The largest U.S. electronics retailer began to offer electronic waste recycling at all of its 1000+ stores in February
They expect to collect 50 million pounds of electronics in 2009
Bottle and Can Recycling• Coca-Cola agreed to recycle 50% of bottles
and cans sold by 2015
• Nestle Waters agreed to recycle 60% of plastic bottles sold by 2018
CFLs and Mercury
In dialogue with GE, Home Depot, Lowe’s and Wal-Mart to encourage:
-No worker exposure to mercury at factory level
-Labeling on mercury content
-Labeling on safe cleanup procedures if bulbs break
• text to come
• text to come
Uzbek cotton
• Every fall, over 1 million Uzbek children are taken out of the classroom and into the fields—by government mandate— to pick cotton.
• Wal-Mart called for a boycott on Uzbek cotton; Target, Gap Inc., Levi’s & Co., Marks & Spencer, and Tesco have all made public statements and taken steps internally to eliminate Uzbek cotton from their supply chains.
Extractives
• ditto
Pros / Cons of Action
• Build brand value• Cost of changing systems
Key Take Aways
Account for environmental impact of all phases of product life cycle
Key Take Aways
Develop and implement Code of Conduct to ensure worker’s labor rights
ResourcesLeadership/Company Actions
Social and Environmental Policy Consulting
Code of Conduct for Uzbekistan
For all C&A suppliers the C&A Code of Conduct is binding. It strictly states that child labour is unacceptable for C&A.Already in December 2007 C&A obliged all of its global suppliers in written form not to use cotton fibre from Uzbekistan in the manufacturing of C&A products.Furthermore, C&A has requested all suppliers worldwide to clearly state the origin for cotton fibre which is used within any C&A merchandise.