The Failure of Google’s “Do No Evil” Approach to Social Innovation

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Yesterday’s extensive feature in The New York Times business section on Google.org’s failure to match its own lofty social innovation goals is a must read for anyone interested in the intersection of philanthropy, corporate social responsibility and information technology. The piece chronicles Google’s philanthropic endeavors since the firm issued its inaugural IPO in 2004 when [...]

Say on Executive Pay Passes the Securities and Exchange Commission By a 3-2 vote

SayonPay

Socialfunds.com reported today that in accordance with the Dodd-Frank financial reform bill, the Securities and Exchange Commission (SEC) issued rules on shareowner approval of executive compensation and golden parachute arrangements.  The press release states that the rules adopted by the SEC require public companies that are subject to the federal proxy rules to provide shareowners [...]

Obama Administration Tacking on Climate Change Strategy

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It’s been three days since the State of the Union, and while myriad pundits have already weighed in on the substance (the President averaged a C+) and style (B) of the address, a key issue that was once a campaign promise has evaporated into the cold Washington night: climate change policy. Mr. Obama did indeed [...]

Can We Fix Capitalism?

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“The more business has begun to embrace corporate responsibility, the more it has been blamed for society’s failure. The legitimacy of business has fallen to levels not seen in recent history. This diminished trust in business leads political leaders to set policies that undermine competitiveness and sap economic growth. Business is caught in a vicious [...]

Stewardship Action Council formed to promote Sustainable & Responsible Business Practices

TREE

According to the CSRwire press release, The Stewardship Action Council (SAC) announced its formation yesterday with aims to  promote and improve sustainable and socially responsible business practices, provide a space where cross-functional collaboration can take place, and develop a performance-based sustainability index.