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CSR Blog

We feature articles and blog posts concerning corporate social responsibility (CSR), green investment, green job creation, economic development, energy policy and more.  Feel free to send us your articles.

Smart Grid Analysis Released

October 27, 2011
from SmartMeters.com

The Silicon Valley Smart Grid Task Force co-chairs—the Silicon Valley Leadership Group, the City of San Jose, and Pacific Gas and Electric Company (PG&E)—have released the findings of a new economic analysis of the smart grid conducted by Collaborative Economics. 

San Jose Mayor Chuck says that a central tenet of the city’s “Green Vision is that clean technologies are the economic drivers of the future. This report shows that the future is now and that the smart grid has already begun creating jobs in Silicon Valley.”

The study found that the number of smart grid-related firms grew 138 percent from 1995 to 2009, and the number of jobs grew 129 percent in Silicon Valley, maintaining strong local growth even during the economic downturn that started in 2008. Additionally, employment data indicate that Silicon Valley’s economy is recovering at a faster rate than both California and the nation, suggesting that growth related to the smart grid should be expected to continue.

Carl Guardino, Silicon Valley Leadership Group President and CEO, observes, “For decades, Silicon Valley has been on the forefront of new technologies. Increasingly, those new technologies touch the smart grid, and Silicon Valley is reaping the economic benefit of these advances.” 

PG&E President Chris Johns believes, “Investment in the smart grid by PG&E and other utilities nationwide is good for customers, good for Silicon Valley jobs, and good for the Bay Area economy. The smart grid is a part of PG&E’s commitment to delivering safe, reliable and affordable energy to our customers.” PG&E will complete its deployment of nearly 10 million gas and electric Smart Meter technology in 2012.

The study’s lead author and Collaborative Economics vice president, Tracey Grose, adds: “The national roll-out of the smart grid will not just drive growth in the broader Bay Area directly related to smart grid technologies. The implementation of these systems will produce huge new volumes of data that must be processed, stored and analyzed. Therefore, smart grid will also drive demand for IT products and services, Silicon Valley’s key sectors.” 

The Silicon Valley Leadership Group was established to address public policy issues affecting the economic health and quality of life in Silicon Valley. 

San Jose’s Green Vision is a 15-year initiative to solve environmental problems and grow the local economy through Clean Tech Innovation, Sustainability, and Green Mobility. For more information, visit www.sanjoseca.gov.

 

New EU Definition and Strategy for CSR

October 26, 2011
from Sustainable Business Forum

It’s only a fifteen page document and well worth a read as another stake in the ground for the accelerating development of CSR as a core business consideration. It never goes as far as many stakeholders would have liked it to, but then again it never was. For me it’s a pretty well balanced carrot and stick approach that owes much to work already done for ISO 26000.

There is one particular paragraph that sums up the ethos of CSR beyond the above definition...


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Maersk Line wins CSR award

October 23, 2011
from MB.com

MANILA, Philippines — Maersk Line has won an award for ‘best integration of sustainability in company strategy’ during the 2011 Corporate Social Responsibility Awards, hosted by the Danish ‘CSR Foundation.’

The carrier bagged the prestigious CSR Strategy Award 2011. The prize is sponsored by KPMG and recognizes Maersk Line for integrating sustainability and CSR into the overall company strategy and business conduct.

The CSR Foundation works with businesses and organiz...


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CSR: a missed opportunity?

October 21, 2011
from Public Finance

One year into the Comprehensive Spending Review and many public bodies still do not have an effective strategy to deal with the new era of financial constraint. Simply salami slicing budgets isn’t going to work

Almost exactly a year ago, George Osborne unveiled the details of the 2010 Comprehensive Spending Review, and set out how the government would attempt to cut an average of 19% from departmental budgets.

In many ways it ushered in a new era – with everything f...


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NGO Collaboration Required For Strong Corporate CSR

October 21, 2011
from Triple Pundit

Environmental NGOs have often been perceived as anti-business, anti-growth, tree-loving, bunny-huggers. However, they have evolved to become organized, structured and strategic. Instead of always standing outside with protest signs, NGOs can actually work with companies to help implement their CSR initiatives. This is happening more commonly than previously imagined. Watchdog organizations not only put the pressure on companies to clean up their act but also act as facilit...


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Firms buck CSR regulation but offer better monitoring

October 19, 2011
from Business World

IMPROVED MEASUREMENT of gains from corporate social responsibility (CSR) programs is needed but not to the point that government be called in to regulate such efforts, business leaders said in a forum yesterday.

We should be part of the solution to economic problems. We also have to close the gap of trust in the society, if not the rise against capitalism will only intensify,” Ayala Corp. President Jaime Augusto Zobel de Ayala said at the second day of the 10th Asian F...


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Companies told to step up CSR amid protests

October 18, 2011
from Business World

COMPANIES SHOULD improve their public outreach programs amid worsening sentiments against corporations across the globe, management experts at a forum yesterday said.

PROTESTERS MARCH over the Brooklyn Bridge during an Occupy Wall Street demonstration in New York on Oct. 1, 2011. -- Reuters

Corporate social responsibility (CSR) programs increasingly need to be integrated as part of the business’ supply chain and not just be implemented as one-off dole-outs, ...


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NatureWorks Attracts $150 Million Equity Investment from Leading Thailand Company PTT Chemical

October 12, 2011
from Business Wire

MINNETONKA, Minn.--(BUSINESS WIRE)--NatureWorks LLC, the world’s leading bioplastics manufacturer, announced today that Thailand’s largest chemical producer, PTT Chemical Public Company Limited (PTT Chemical) is investing US$150 million in NatureWorks. NatureWorks supplies its broad family of renewable Ingeo™ biopolymers made from plants to plastics and fibers markets worldwide. PTT Chemical’s investment in NatureWorks, until now wholly owned by Cargill, is subject...


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Green light for carbon tax, red flag for industry

October 11, 2011
from The Australian

JULIA Gillard will today win lower-house support for her carbon tax package, the most dramatic economic transformation since the dismantling of tariffs in the 1990s, despite rising industry concerns that the $23 a tonne starting price will hit the competitiveness of businesses.

As Tony Abbott demanded the government seek a mandate for the scheme at an immediate election, the Prime Minister accused the Opposition Leader of hypocrisy, citing his reversal of his previous ...


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Corporate Social Responsibility: A Rapidly Changing Landscape

October 11, 2011
from EHS Today

The size and scope of corporate social responsibility (CSR) is a topic of ongoing and vigorous discussion. Some stakeholders include sustainability concepts in CSR, while others make distinctions between the two terms, with sustainability considered more closely aligned with environmental activities. The social area, rather than environmental, is where explicit references to occupational safety and health generally are found.

CSR still is in the early stages in most businesse...


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