Corporate Social Responsibility
The UK Telegraph notes that "it is not just politicians and rock stars who are trying to persuade people to reduce their carbon footprint. Banks, lenders and fund managers are dreaming up ethical options for environmentally aware customers. ... The question is whether these products really make a difference, or whether it is simply a case of providers jumping on the green bandwagon. ...
Medicines Australia, the drug industry's peak lobby group, has lost a legal bid to protect member companies from being required to disclose details of hospitality they provide at "educational" events for doctors.
Earlier this year, the investments held by the Bill & Melinda Gates Foundation in companies which had adverse health and environmental impacts were scrutinised by the Los Angeles Times. The foundation, which aims to improve health and reduce extreme poverty, said they would review their investment policy, but then subsequently retreated.
The High Court of Australia has dismissed a bid by BP to have the green Pantone colour 348C used in its logo registered as its trademark. BP's barrister, David Shavin, requested leave to appeal the lower court's decision that the company can't trademark the colour.
My first introduction to author Paul Hawken's work was his 1994 book The Ecology of Commerce. It is essential reading for anyone grappling with issues surrounding capitalism, social justice and ecological sustainability. Hawken is, among his plethora of accomplishments, a highly successful businessman, but The Ecology of Commerce pulled few punches in its criticism of even those companies truly trying to set and reach a higher standard of business social responsibility.