Regulators, investors and climate advocates will be able to monitor what impact businesses are having on the environment under new accountability laws.
A new approach to business regulation is needed to suit the current economic context and address pressing global issues.
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Multi-stakeholder initiatives have the potential to help businesses tackle social and environmental issues, but they need to ensure that all members have their voices heard.
Socially responsible investing is becoming more popular.
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For firms to survive and thrive, innovation is crucial. Innovative companies can respond to changes in today’s dynamic business environment. Countries and regions that are home to innovative companies…
The news that Tesco took delivery of a £31m executive jet, bringing its fleet of such aircraft to five, brought fresh embarrassment to the troubled supermarket. Ordered in early 2013 under the aegis of…
Australia’s employee fraud problem needs a new approach.
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The high cost of organisational fraud in both private and public sectors in Australia continues to haunt organisations, particularly fraud committed by “trusted” employees. Cases prosecuted this month…
Shell companies can still flourish in sunny tax havens.
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Business secretary Vince Cable has announced his intention to create a public register of UK company ownership in a bid to tackle tax evasion and money laundering by shady corporate bodies. But don’t believe…
A bit of ‘territorial support’ from the thin blue line.
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Over the past ten years, 519 people have died after contact with the police, either in custody (the great majority) or during a pursuit or another road traffic incident. Some 23 people have been shot by…
What should we do with producers who routinely deliver faulty goods and services? Producers of cars, food, medicines, aeroplanes and even financial products are forced to compensate injured parties, recall…
If companies won’t see things differently, we need to.
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We find ourselves in an era of what we might call creative self-destruction. We’re destroying ourselves – it’s as simple as that. Economic growth and exploiting nature’s resources have long gone hand-in-hand…
The triple bottom line is a term coined in the late 1990s by the influential business thinker and consultant, John Elkington. It captures a very neat idea, namely that a modern organisation has three broad…
Hands up for the environment.
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When she wrote recently that “big green groups” are doing more harm than good when it comes to saving the planet, Naomi Klein was was right to be concerned. In recent years the environmental agenda has…
The offshore industry need not be so dangerous if safety is put first.
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The explosions and fire that completely destroyed the North Sea oil rig Piper Alpha and cost 167 workers their lives remains the world’s worst offshore oil disaster. Saturday, July 6, marks 25 years since…
A US Supreme Court decision last week damaged the legal options for holding corporations to account for human rights and environmental abuses.
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The US Supreme Court has handed down a landmark decision that will have drawn sighs of relief from corporate boardrooms in Australia and around the world. Kiobel v. Royal Dutch Petroleum was brought by…