The document discusses the concepts of corporate social responsibility, environmental responsibility, and ESG (environmental, social, and governance) practices. It notes that corporate social responsibility became a commonly used term in the late 1960s-early 1970s after companies recognized stakeholders impacted by their activities. It also discusses how corporate environmental responsibility relates to protecting the environment beyond legal requirements, sacrificing profits, and being proactively sustainable. The document provides examples of ESG company attributes and initiatives small businesses can take around reducing energy/waste, supply chain practices, and educating associates on conservation.
2. Corporate Social Responsibility
The term "corporate social responsibility" came into
common use in the late ‘60s and early ‘70s after many
multinational corporations formed the
term stakeholder, meaning those on whom an
organization's activities have an impact.
3. Corporate Social Responsibility
Activities contribute to business performance
Engage with stakeholders; internal and external
Incorporate values to make it a part of an articulated
belief system
Cause-related Marketing
Cause-related Partnerships
Voluntary Monitoring; Environmental Charters
Important to and even expected by the public
Easily monitored worldwide
4. Corporate Environmental
Responsibility
Do corporation have a social responsibility to protect
the environment beyond legal requirements?
Can they do so on a sustainable basis?
Should firms sacrifice profits for positive
environmental impacts?
Conflict between intent and practice
5. Corporate Environmental
Responsibility
From a purely scientific standpoint, companies have to
begin being sustainable
Most pollution is directly tied to corporate enterprises
Climate Change initiatives mean increased
governmental regulation; reactive vs. proactive
6. Corporate Environmental
Responsibility
Opportunities to save money directly by reducing
energy use or waste;
Many leading companies are demanding partners also
conduct themselves in a socially-conscious manner;
and,
Potential government intervention of more costly and
less flexible regulation if business does not self-
regulate.
7. Environmental, Social, and Governance
ESG companies tend to share the following
attributes:
Are leaders in their industries
Are better managed and are more forward-thinking
Are better at anticipating and mitigating risk
Meet positive standards of corporate responsibility
Are focused on the long term success of the company
9. Challenges for Small Businesses
• Do small businesses
have to make trade-offs/
concessions?
• Is this model
sustainable?
• Must increase the
customers’ willingness to
pay or reduce costs;
increase revenues vs.
decreasing cost of inputs
10. Initiatives
Lead by example by reducing energy use and GHG
emissions throughout our operations, and encouraging our
vendors and business partners to do the same
Foster transparency and provide complete, accurate, and
timely environmental impact reports
Promote environmental standards, such as ISO 14001,
Global Reporting Initiative (GRI), and GHG Protocol
Encourage dialogue about environmental issues among
our customers, analysts, and non-government
organizations (NGOs)
11. Goals
Reduce energy and water consumption 20% by 2020.
Green our supply chain; procurement of materials,
office supplies, and equipment.
Educate and inspire associates and customers to
conserve and preserve.
Address environmental challenges through
conservation initiatives, charitable giving, and
volunteerism.
12. Action Items
Route Scheduling- longer lead times to make routes
more efficient (FTLs); timing to maximize portion of
the day when less GHG emitted
Reconditioned Drums and recycled fiber drums
Recycling totes and metal frames
Procuring office supplies with post-consumer recycled
content
Renewable Energy Credits/ Carbon Offsets
13. Quick & Easy Tips to Save Energy
Activate the power-save function on your computer ; turning off
your monitor when you walk away for 20 minutes and your
computer when you leave your desk for more than two hours;
turn off your lights
Cut related energy bills by 30 percent by purchasing ENERGY
STAR products when shopping for office equipment and other
products
Seal off unused areas and reduce or eliminate heating and
cooling in these spaces.; storage rooms, warehouses, and
unoccupied areas