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Apple chief executive Tim Cook rejected arguments at the company's AGM that it should avoid "unprofitable" action to reduce its impact on climate change. He said that the company didn't only consider return on investment when it took action on social issues such as the environment, and access for people with disabilities. Tim Cook told the AGM that Apple's intent was to "leave the world better than we found it."
Other CSR News
Ikea Industry, a subsidiary of furniture retailer IKEA, has had its Forest Stewardship Council (FSC) accreditation removed after an audit found substantial failings.
Kellogg, the manufacturer of breakfast cereals, has announced that it is to buy palm oil only from firms that can prove they don't damage the rainforest.
Major retailers and fashion firms, such as Marks & Spencer, John Lewis, Tesco, Next and Stella McCartney, have signed up to a commitment to make significant reductions in the environmental impacts of clothing.
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In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.