When Business in the Community (BITC) decided to raise the bar in its annual corporate responsibility rating, none of the 98 participants could meet the top five star ranking. But the recently released 2014 Corporate Responsibility Index did reveal six key trends among those companies leading the way in corporate responsibility.Read More
In the News
Changes to the ASX Governance Principles and Recommendations announced today have been welcomed by leading sustainability advisory firm Net Balance.
It has applauded the introduction of Recommendation 7.4 which asks companies to disclose whether it has any material exposure to economic, environmental and social sustainability risks and, if it does, how it manages those risks.Read More
Australia’s first study into creating shared value (CSV) will be released in draft in Melbourne today at the 2nd Creating Shared Value forum.
The study looks at how Australian companies are integrating CSV, which is aimed at generating profit by addressing social or environmental issues, into their corporate strategy.Read More
Creating shared value – the new business model?
The groundswell is growing for a major shift in corporate strategy development, where profit and societal issues are intrinsically linked with the aim of creating shared value (CSV).Read More
A recent study by Net Balance Foundation has revealed that the Oaktree Foundation, Australia’s largest youth-run organisation geared at ending global poverty, is creating over $1.3 million worth of social value for its volunteers every year.Read More
Australian property developers have been warned climate change impacts could expose them to significant financial risk.
The advice from Net Balance, Australia’s largest sustainability advisory firm is to start factoring in climate impacts immediately.Read More
Net Balance Foundation is working alongside the City of Sydney, City of Melbourne, City of Perth and other partner councils to expand the reach and depth of the well-established CitySwitch energy efficiency program, thanks to funding received from the Department of Resources, Energy and Tourism through the Energy Efficiency Information Grants (EEIG) program.Read More
A new report, jointly supported by WWF-Australia and the Australian Food & Grocery Council (AFGC), provides a much-needed assessment of the facts, myths, issues and challenges around palm oil. Launched today, the independent report will provide a springboard for action to increase the proportion of palm oil supplies derived from sustainable sources in the Australian market.
The Corporate Responsibility Index (CR Index) is one of the world’s leading and most in-depth voluntary and credible benchmarks of corporate responsibility, designed for all companies (public, private and government owned corporations).