CR Roundup: WWF offers framework for improving corporate water management policies
If you are looking for a quick framework to assess and/ or determine if your water-management program is on track, consider one offered by Lindsey Bass of World Wildlife Fund’s corporate water stewardship program for the U.S. She spoke on a panel on water management at Sustainable Brands in San Diego.
Hasbro’s triple-bottom line approach
Pricing nature’s services reduces business risk and benefits society
Some thoughts on the CVS decision
By Bill Hatton
Each fall at our annual COMMIT!Forum, Corporate Responsibility Magazine recognizes CEOs who have put themselves at personal and professional risk (Please see CEOs of the Year, P. 10).
All took risky decisions: Stuart Thorn of Southwire started a high school for at-risk students. Rakesh Sachdev of Sigma-Aldrich invested heavily in local STEM education. J.P. Bilbrey of Hershey created a new product overseas to save starving children. And Douglas Baker of Ecolab made a risky acquisition.
But perhaps most famously was the case of Larry Merlo of CVS Healthcare, who won a 2014 CEO of the Year award largely for his choice to eliminate tobacco sales. That decision meant losing between one and two percent of total sales—but it made sense within the logic of CVS’ business strategy of creating a company based on improving others’ health. It was a big business risk, fraught with potential pitfalls.
How Clean the World’s recycling program began
By Bill Hatton
Shawn Seipler, Executive Director and Co-founder of Clean the World Shawn Seipler, grew up in central Florida and used to organize the local kids for lawn maintenance, plus as an excellent athlete, he used to pick the smaller kids as his teammates “so they’d have an opportunity to win.” His favorite hero was Robin Hood. He likes the underdog ...
As an adult, he worked his way up to global sales manager of an e-commerce company (one later purchased by Google), and that meant he’d be on the road a lot. With a wife and four children at home, he wanted to try to spend more time with them. Meanwhile, in a hotel one evening in Minnesota, he got to wondering about hotel soap. He called the front desk and asked what does the hotel staff do with the soap? They throw it out, the desk clerk explained.
He researched and found that about a million soap bars a day go into landfills, because as anyone who stays in hotels knows, guests rarely use a complete bar of soap – and they can’t allow another guest to use what’s left.
The C-suite and CR/sustainability pros come together to share best ideas.
By the Editors
In this special section, we offer highlights of the 2014 COMMIT!Forum held Oct. 8-9 in New York. More than 50 expert speakers in 25 sessions, nearly 20 CEOs, and hundreds of corporate responsibility and sustainability professionals all joined together to network, learn and share their insights into what the most responsible companies are doing. The discussions focused on building sustainable workforces and supply chains, among other things.
You can see the excitement and engagement among the participants in the following pages, and then delve into several in-depth features that present some of the strongest ideas offered at COMMIT! These features include:
• A one-on-one interview with CVS Health CEO Larry Merlo.
• Highlights of a panel discussion among four responsible CEOs: J.
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