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CSR -- What's Driving Company Interfuse, And What's Hindering It? http://ift.tt/2DQ0cPi Cynthia Figge is a forerunner and thought leader in the corporate sustainability movement. Figge is CEO and Cofounder of CSRHub, the world's largest database on ESG (environmental, social and governance) performance of 17,500+ companies that provides sustainability ratings and business intelligence to professionals, academics and API partners. In 1996 she co-founded EKOS International, one of the first consultancies integrating sustainability and corporate strategy. Figge has worked with major organizations, including Boeing, BNSF, Coca-Cola and REI, to help craft sustainability strategy integrated with business. Christopher P. Skroupa: Which industries tend to be most concerned with CSR (corporate social responsibility)? Cynthia Figge: All industries are – or should be – concerned with CSR. When you look back at the history of involvement with CSR, you will find many industries have come under greater scrutiny or pressure because of exposure. Often times the pressure is focused on big consumer brands that are visible to the public or because of crises that occur where attention is brought to an industry concerning community disruption. Now we see interest in CSR across all industries. However, I anticipate we’ll see variation determined by a couple of factors, namely the size of companies in a particular industry, and how transparent those companies are in reporting and disclosing data to the public. We are seeing CSR and sustainability practices becoming the mainstream for most companies. Skroupa: For a company looking to implement better CSR strategies, what do you see as the most important metric for analyzing their current CSR engagement? Figge: I’d like to start by describing the kind of schema that we have developed over time to capture the thousands of indicators that are being used to measure companies. Today, CSRHub aggregates more than 500 sources of ratings in the CSR realm; these sources include expert analysts that are investor facing, best-of lists and indexes, government databases, crowd sources and nonprofit special interest groups. We now evaluate more than 17,500 companies by aggregating the ratings from many different stakeholders, across four dimensions: Business via Forbes - Entrepreneurs http://ift.tt/dTEDZf January 30, 2018 at 10:58AM
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