CBSR BLOG


Posted by: Bell on April 30, 2013

Bell Canada and the True Patriot Love Foundation today announced the launch of the Bell True Patriot Love Fund, a $1 million program to support community mental health initiatives for Canadian military families.

 


Posted by: GMCR Canada on March 14, 2013

GMCR Canada launched their Employee Community Grantmaking program last fall, where teams of employees are organized across the country and entrusted with the responsibility of allocating grants to organizations and projects that address specific issues aligned with environmental stewardship, strong local systems, and economic prosperity.


Posted by: GMCR Canada on March 13, 2013

GMCR Canada went last October to visit its partner of the Timothy's® Colombian La Vereda coffee. During the visit to the coffee-growing communities of La Vereda coffee in Colombia, several coffee producers were interviewed.


Posted by: Bell on February 8, 2013

Bell and Brain Canada are pleased to announce a new partnership in support of brain research in Canada - the Bell Mental Health Research Training Awards.

 


Posted by: Maria José Ramos on May 16, 2012

On March 29th and 30th I had the honor of attending the ISID’s Resource extraction conference in Montreal. Being a former McGill International Development Studies (IDS) student and a current professional working closely with the extractives sector at CBSR, the conversation was very close to my heart.


Posted by: Ksenia Benifand on March 19, 2012

WHERE IN CSR ARE WE HEADED? CBSR's FIRST QUARTERLY UPDATE

 

The nature of capitalism is changing in dramatic and disruptive ways. The 2012 year began with the World Economic Forum (WEF) themed: "The Great Transformation: Shaping New Models", focusing on reshaping communities, companies and countries. In his opening speech WEF Founder Klaus Schwab challenged the current state of capitalism saying that it "…no longer fits the world around us" and needs to be fixed to serve society.

 

Population growth, climate change, and the rise of the middle-class consumer is putting a strain on natural resources and creating high and volatile resource prices. The debt crisis and the growing inequality of income and wealth distribution is a major issue. And, we are now living in a world where society at large is losing trust in some of the important institutions that have been developed over the last few decades.

 

Companies that recognize the risks associated with the realities of this new era, and harness the opportunities for innovation that adaptation requires, will have positioned themselves to outperform their lagging peers.

 

In the first quarter of 2012, we saw a stronger effort to address those challenges through transformational changes in demand and supply to scale sustainable consumption; utilization of social media to cultivate trust with important stakeholders; and increased efforts to collaborate with like-minded companies to drive innovation. We are also seeing a closer examination of supply chains, especially in emerging markets, as both business and investors are concerned about potential Environmental, Social and Corporate Governance (ESG) risks. Finally, we are seeing an increased interest in impact investing, and the flow of private capital to generate solutions for social good.

 

There is a growing need for interconnectedness between economic growth, social equality, and environmental sustainability. In the words of Sir Richard Branson, from his recent book entitled Screw Business as Usual: “Doing good is good for business.”

 

 

This is a list of CSBR’s top five trends for Q1. We welcome your thoughts and additions.

 


Posted by: CBSR on October 5, 2011

 

Stakeholder engagement is not a new concept but increasingly companies have come to recognize its value. Studies have shown that stakeholder oriented companies outperform their competitors (Kotter and Heskett, 1992; CICA 2006; Svendson, 2002).  As companies face growing complexities of managing various social and environmental challenges, stakeholder engagement provides an opportunity for companies to align their business practices with societal expectations.  


Benefits of engaging with stakeholders include:

  • Establishing trust and credibility; acquiring a “social license to operate”;
  • Avoiding and/or resolving conflicts; reducing the possibility of negative actions (protests, shareholder activism, etc.); and
  • Gaining community support and fostering continuous improvement (i.e. it provides another avenue for companies to learn and innovate).

Stakeholder Engagement