CSR News Stories
US doughnut brands Dunkin' Brands and Krispy Kremes have responded to pressure on palm oil and deforestation with a commitment to sustainable sourcing.
The government in Lithuania has announced a ban on the sale of caffeine energy drinks to people under the age of 18. The move marks a first within the EU, and Lithuania predicted that others would now follow suit.
Christian Aid, the UK charity with a track record of attacking the CSR movement amongst businesses, has released a report accusing many of the key companies "that claim to be driving corporate responsibility" of secrecy because of subsidiaries in tax havens.
Anglo American was criticised at its AGM for what was described as procrastination over the payment of compensation to former gold miners who are dying of the effects of silicosis.
New research suggests that female chief executives are more likely to be fired than their male peers. The study, which reviewed the 2,500 largest corporations showed that 10 percent more women CEOs were fired than male - a difference between four in ten women and three in ten men.
Major businesses in Europe will be required to produce social and environmental reports as part of their standard annual report following the passing of a law in the European Parliament.
The Global Roundtable for Sustainable Beef (GRSB) has produced draft principles which are open for comment until mid May. The group brings together companies such as Walmart and McDonalds along with NGOs such as WWF and the Rainforest Alliance.
British retailer Primark has said that it will pay an additional sum of compensation to the victims or their families of the Rana Plaza factory collapse which affected one of their suppliers New Wave Bottoms. It had already paid over £1m.
Global telecom company Orange has withdrawn its advertising from the Ugandan tabloid newspaper that has pursued a vigorous anti-gay campaign over recent months.
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."
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.
Drug store giant CVS has announced that it will no longer sell tobacco at its pharmacies by October this year. Cigarettes currently represent 3% of the company's overall sales, but the company said it had concluded that selling tobacco was incompatible with the company's purpose of promoting wellness.
A new league table looking at socially responsible practices amongst workplace pension schemes has named the BBC and BT for having the most active approach to looking at the social and environmental impact of their investments. On the flip side, Rolls Royce and GlaxoSmithKline were shamed as laggards in this area.
The Swiss National Bank has said that it will sell shares in companies that fall short on ethics, including those that are responsible for human rights abuses or significant damage to the environment.
The World Business Council on Sustainable Development (WBCSD) has said that APRIL, a major pulp and paper company in Indonesia, will be expelled from its membership unless it can show that it has ended deforestation.
Global clothing brands have been called upon to use their influence to achieve an end to what campaign groups describe as repression against workers involved in wage protests.
According to the Parliamentary public accounts committee, only around half of clinical trials are being published, making it impossible to make the right decisions with regard to patient care. Manufacturers published the results that were most favourable, it was claimed.
MEPs on the Legal Affairs Committee at the European Parliament have voted in favour of a draft measure that would oblige companies to disclose information on their environmental and social impacts. The vote also called upon the European Commission to consider requiring country-by-country reports on profits, taxes and subsidies.
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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.