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BP: three challenges of the third age
The triple challenge to achieve commercial success, environmental sustainabilty and positive social impact faces all major corporations. How is BP meeting them, as its enters what the chief executive describes as its third age of operations, working increasingly in socially unstable parts of the world?
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Comment
That some companies' shares out-perform less green competitors does not in itself prove that being green is good for profits, merely that the two are compatible.
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Greening the bottom-line
As green issues move up the corporate agenda, environmental reporting to stakeholders is increasing and evidence is growing of the business benefits from good management.
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Rebuilding the employee
compact
Firms need both flexibility and commitment from their workers. A contradiction? Apparently not, so long as they are engaged as stakeholders, according to a diverse range of new reports just published.
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Monitoring ethics and
assessing performance
Walter Raven summarises the techniques required to manage ethics and social responsibility effectively.
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Regulation and reporting:
time to stop the free riders
As companies reveal more information about their management of environmental risks, the sterile debate over more or less regulation is moving on to set minimum standards and prevent free loaders.
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Setting standards for
sustainability
As three noted environmentalists found a "positive" new initiative, attention focuses on the need for 'green' data about the sustainability of the economy.
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Esso: a licence to
operate
The public loves to hate oil companies. We want the product. We worry about environmental sustainability. How does Esso's UK community programme help win its licence to operate?
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Setting standards:
internal excellence, external accountability
Corporate community involvement has proved slow to develop the tools for effective management and external communication. What is being done about it?
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New Labour, new corporate
responsibilities?
A change of government at the next election could have a profound impact on companies' community involvement programmes. But what would Labour actually do?
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