Build it in, or add it on?
What company is NOT in the Dow Jones Sustainability Index?
I am all for sustainability indexes and rankings as they tend to increase accountability and transparency, but when I flipped through the DJSI index and realized that British American Tobacco is included in the DJSI I had to (sadly) question the overall validity of the index. I am sure BAT has some great internal programs, and I bet that they they donate a lot of money to charity, but how can any tobacco company be considered responsible?
No company is perfect…but tonight as I watch CNN, I am wondering what companies will benefit from the huge Obama stimulus plan. Will these companies be judged according to a new, higher Obama-led sustainability standard? If so, what standard will the new administration advocate?
Why not look harder at B Corporations? These companies seem to really go beyond the CSR call of duty to:
* Meet comprehensive and transparent social and environmental performance standards.
* Institutionalize stakeholder interests.
* Build collective voice though the power of a unifying brand.
B Corporations are charting the future for corp. responsibility…go take a look at the website and check out the 170 companies who have made the B Corp. cut thus far. Many of these companies are really building sustainability into their core operations vs. just adding on another program.
January 30, 2009
Published in 


About
Ryan's Picks
Twitter Updates