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Corporations and Society

- Adam Clare

noradawn wrote us to tell us about corporate social responsibility (CSR):

“Are corporate giants waking up? The increase of public demand for more sustainable and socially responsible practices is causing the giants of the business world to reevaluate how they do things and start implementing new practices. In essence, doing what they can to save the world. This practice commonly called CSR is being seen more and more in giants such as Wal-Mart, Levi & Strauss, and Hasbro to name a few.

The trend was started by smaller, socially and environmentally aware companies such as Tom’s of maine toothpaste and Ben and Jerry’s ice cream, who pioneered this concept…and wound up having incredible growth rates. In turn, this caused the larger companies to turn their heads to see what they were doing right from a business perspective. As a result, it looks like it is the new trend that is emerging, and the corporate giants…many of whom have more capital than some entire countries- are the ones with the dollars and cents to really help in making a big difference.”

For more on CSR this noradawn suggests this good article on CSR.

Thanks noradawn for sharing this!

Economist Magazine Looks at Green

- Adam Clare 2 Comments

coverThere has been a lot of investment in the field of energy production in the past couple years with a huge increase in the renewable energy sector. The Economist magazine wonders why this is. They openly state that this trend is good for society, but not so good for money.

My copy of the magazine arrived in the mail, and I noticed that the main article is not available on their site, thus no direct link. You may have to take my word that the Economist is unsurprisingly skeptical of renewable energy, apparently British economists are afraid of change. The Economist does provide a different angle than what I’m used to when thinking of renewable energy – the profit motive.

Economic Incentives to Fight Climate Change

- Adam Clare

graphI don’t think we need another reason to do all we can to curb climate change, but Sir Nicholas Stern a British economist has found one more. Climate change is obviously going to hinder economic progress, yet large corporations argue that there is nothing to worry about – well Stern is predicting massive economic repercussions if we don’t act on curbing climate change. The BBC reports that Stern argues “global warming could shrink the global economy by 20%.”

So, what is this story doing on a good news website? Well, there is good news in all of this. The Stern report can hopefully influence those who decide policies to act in favour of the environment and sway those who still doubt climate change is going to hurt us. British PM Tony Blair is already arguing for action.

We also have time to react to climate change according to Stern. He said “That’s why I’m optimistic – having done this review – that we have the time and knowledge to act. But only if we act internationally, strongly and urgently.”

Echoing Green Fellowship

- Adam Clare 1 Comment

logo'd!Echoing Green has a fellowship program that gives out up to $100,000 in seed money for a new organization that will make the world a better place.

This is a great idea for people have some fantastic ideas that al they need is some capital in order to start their project. There are tons of great things that you can start doing, and it never hurts to apply to these things. Echoing Green even has a place to read about what some people have done to make the world better.

I see a ship in the harbour

- Adam Clare

boatSomalia has opened the Mogadishu port and for the first time in more than 10 years a ship has docked. Until now porters had to unload ships from natural harbours and carry the goods ashore. Workers have been working hard to clear the access to the port.

This is a good sign for a country that has been plagued with strife and hardship. Ships arriving at the port are expected to bring down the price of goods such as TVs. There is hope that the opening of this port will also help curb piracy in the local seas.

“Mogadishu’s port used to be one of the busiest in East Africa, before the conflict led to its closure.

The port and international airport have been closed since United Nations and US troops ended their operations in the city as it descended into chaos in the mid-1990s following the collapse of central government.”

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