Cultivate Social Responsibility
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... a Web site and iPhone application that lets consumers dig past the package’s marketing spiel by entering a product’s name and discovering its health, environmental and social impacts. “What we’re trying to do is flip the whole marketing world on its head,” said Mr. O’Rourke. “Instead of companies telling you what to believe, customers are making the statements to the marketers about what they care about.”
“What we think of now as green is a marketing mirage,” usually based on a single environmentally friendly practice, said Daniel Goleman, author of “Ecological Intelligence,” who switched deodorants and shampoos because of GoodGuide. The site could potentially “have a revolutionary effect on industry and commerce,” he said, by educating shoppers about the ramifications of buying a particular product. That could also be the problem with GoodGuide, said John R. Ehrenfeld, executive director of the International Society for Industrial Ecology. He worries that by collapsing dozens of data points into a single number, GoodGuide does not adequately inform consumers about each consequence of each ingredient.
“Consumers need to be very carefully educated as to what these scores mean if it’s going to serve the purpose GoodGuide says it does,” he said.
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According to the A.T. Kearney researchers, what distinguishes “true” sustainability from tactical lip service to the concept is the following: * Long-term planning that is at least five years to 10 years or longer into the future * Contributions from outside the company’s inner sanctum from policy experts, scientists, business partners — anyone who can provide value insight and criticism * Top-down support
* A strong corporate governance framework
* Healthy risk management policies that identify potential corporate liabilities that are related to environmental factors
* And, a history that proves its long-standing commitment. After all, the Dow Jones Sustainability Index was started a full decade again, long before sustainability was such a sexy headline.
...the data suggests that the more tightly integrated a sustainability program or a corporate social responsibility program is into a company’s core business values, the more likely it is to have an impact on value (positively OR negatively). Interestingly, the CFOs answering the McKinsey survey were more likely to consider these programs according to the bigger picture than the corporate social responsibility professionals.
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