Increased focus on diversity has been driven by the growing body of evidence of the strong positive relationships between diversity and business performance and worker satisfaction and changes in the social, cultural and political environment that have heightened sensitivity among employees and other stakeholders to...
Black Americans have been crippled by financial inequity and insecurity and the businesses that create jobs and make decisions regarding wages and benefits have a responsibility to make amends as part of any larger push for racial justice. While the economy appeared to be strong...
_______________ Companies need to take steps to embed equality, diversity and inclusion (“EDI”) into their operations, decision making and organizational culture and make those values and norms part of the company’s DNA and the guiding principles for the company’s employment and other business relationships. The first...
Speaking out against racial injustice is essential and companies need to provide all of their stakeholders with a clear public statement of its values and overriding commitment to diversity, equity and inclusion. However, words alone are not enough and leaders of the business need to...
Whether or not to take a public stance on political or social issues or on events such as those that have played out following the death of George Floyd is often a difficult decision for companies, many of whom are concerned about alienating certain groups...
______________ Discrimination on the basis of race is a fundamental human rights issue. The UN Universal Declaration of Human Rights proclaims that all human beings are born free and equal in dignity and rights and that everyone is entitled to all the rights and freedoms set...
As with all aspects of sustainability reporting, practices of companies regarding their disclosures relating to community engagement and investment have been evolving as time has passed and stakeholder interest in such activities has increased. Although mandatory reporting requirements have been slow to emerge, the need...
CSR implementation includes develop meaningful reports for internal management and stakeholders that outline the company’s sustainable development objectives and compare performance against them. CSR reporting actually has several dimensions, each of which will require a different form of report, albeit based on essentially the same...
A survey of the research that has been conducted on the contributions of the human resources (“HR”) function to sustainability initiatives reveals certain common themes that company leaders can refer to in creating a list of duties and responsibilities for HR and measuring HRs performance...
While frameworks and suggestions for implementation of corporate social responsibility (“CSR”) do vary, there is almost no controversy that in order to make informed decisions about the content of a new CSR initiative, or changes to an existing program, the board of directors and members...