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shared value

By Adam Gorley | 2 Minutes Read December 1, 2014

Government updates corporate social responsibility strategy for extractive industry abroad

A review of the federal government's 2009 corporate social responsibility strategy (CSR) for the Canadian extractive industry operating in foreign countries found companies are recognizing “the need to consider CSR in planning and operations,” but are asking the government for more assistance...

Article by Adam Gorley / Business, Finance and Accounting / best practices, corporate social responsibility, CSR, CSR strategy, CSR tools, e3 Plus, economic diplomacy, environmental risk, ESR, extractive industry, Guiding Principles on Business and Human Rights, Human Resources, human rights, legal compliance, National Contact Point, natural resources industry, OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, OECD Guidelines for Multinational Enterprises on responsible business conduct, Office of the CSR Counsellor, responsible business practices, shared value, social risk, sustainability, Towards Sustainable Mining, trade commissioners

By Jeffrey Sherman, MBA, FCPA, FCA | 5 Minutes Read December 2, 2013

Ethics and business conduct

The ethical standards of a company are driven from the top. The ethics policy should be recommended by the president, ratified by the board and rolled out to the company with appropriate explanations and training. Implementing and consistently following a top-down ethics policy—with input from all levels—will help employees, customers, stakeholders and others who interact with the company to understand and relate to the company’s intentions.

Article by Jeffrey Sherman, MBA, FCPA, FCA / Business, Finance and Accounting, Not for Profit, Privacy / code of conduct, Code of Ethics, corporate social responsibility, Corporate Values, creating shared value, Criminal Code of Canada, CSR, ethical conduct, ethical standards, ethics, Harvard Business Review, high ethical standards, inappropriate behaviour, insider tips, insider trading, Jerry R. Junkins, legal compliance, Mark Kramer, Michael Porter, National Policy 52-110, ombudsperson, profit, publicly traded company, Section 425.1, securities issuers, shared value, shareholder value, short-term gain, stakeholder value, unacceptable practices, unethical practices, whistleblower laws, whistleblowers, whistleblowing, whistleblowing policy

By Adam Gorley | 2 Minutes Read November 21, 2011

Sustainable business frameworks

Recently, I wrote about the concept of shared value, a business strategy under which organizations consider the needs of their communities alongside those of their shareholders, in order to improve conditions for business (and communities where they operate) and maximize profit. What a crazy idea, right? Healthier communities mean more profitable businesses? So crazy it just might work.

Article by Adam Gorley / Business, Finance and Accounting, Not for Profit / business strategy, Ceres, corporate social responsibility, CSR, ESG, Global Reporting Initiative, shared value, sustainability

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