Each January for the past several years, Bill has surveyed the top Corporate Social Responsibility news stories of the past year for CSRwire.com, where he is a contributing writer. Here’s this year’s edition:
A “green” recovery from economic and environmental meltdowns; the advent of Shareholder Activism 2.0 with binding resolutions at TARP banks; CSR adopts Web 2.0 strategies for sustainability reporting; is Wal-Mart really green?; and much more…
The economic meltdown of 2008 mirrors the simultaneous environmental meltdown fueled by the climate calamity – both share common roots, and many in the Corporate Sustainability and Responsibility (CSR) community believe they share a common salvation.Read the show transcript
At the G-20 Summit addressing the global financial crisis this weekend, the government leaders of the world’s largest economies essentially twiddled their thumbs, punting on setting ambitious goals until April 2009 — when the Barack Obama Administration, which is dedicated to addressing the financial crisis and the climate crisis, is in office. Before the Summit, Worldwatch Institute Senior Researchers Michael Renner and Gary Gardner proposed that the G-20 enact a Global Green Deal, evocative of FDR’s new deal but more audacious in scope and vision. CWR co-hosts Francesca Rheannon and Bill Baue speak with Renner about the proposal’s 5 strategies, including transitioning to a renewable energy economy, launching an efficiency revolution, and investing in green infrastructure.
And speaking of green infrastructure, Deutsche Asset Management issued a report calling for the establishment of a “green” National Infrastructure Bank. Bill Baue speaks with Deutsche Climate Change Investment Research Director Bruce Kahn about the report, a followup on the Investing in Climate Change 2009: Necessity and Opportunity in Turbulent Times report CWR covered recently.
The Top BENNY Award for 2008, given to activist campaigns holding corporations accountable by the Business Ethics Network (BEN), went to the Clean Up Ecuador campaign for bringing Chevron to justice for decades of pollution in the Amazon. The campaign is led by the Amazon Defense Coalition and Amazon Watch. Mitch Anderson of Amazon Watch has our commentary today, produced in partnership with BEN.
You could see the global market meltdown coming a mile away, according to futurist Hazel Henderson of Ethical Markets. She’s been identifying fatal flaws in the global economy, and sustainable alternatives, for three decades. Her most recent commentary on CSRwire critiques the “fractional reserve banking system,” which allows banks to lend 10 times the amount of money they actually have in reserves. In other words, money for nothing. Today, CWR co-hosts Bill Baue and Francesca Rheannon speak with Henderson about using the financial crisis as an opportunity to shift to a more sustainable economy.