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The Hershey Company issued its latest annual Corporate Social Responsibility (CSR) report in June 2017, outlining progress made during 2016 toward the company’s commitment to “Shared Goodness.”
Hershey continues to advance its corporate responsibility leadership by unveiling new environmental sustainability goals, strengthening local communities, providing children with the nutrition they need to learn and grow, responding to consumers’ desire for greater transparency and simple ingredients, and offering an engaging and flexible workplace for its employees.
This year, Hershey also took a refreshed approach to updating content and engaging new audiences by:
conducting a new priority issue analysis that guided report content by the issues that are most important to the business;
emphasizing audience relevance by creating a short, story-driven report and a comprehensive, data-rich supplement to allow stakeholders from consumers to employees to professional analysts to easily choose the depth… More
As the private sector increasingly takes on greater leadership in helping to create a more sustainable world—as is taking place through the implementation of the recent Paris climate negotiations and the UN Global Goals for sustainable development, for example—more companies are disclosing on sustainability performance. But as more firms embrace sustainability reporting, and new developments in regulations and reporting practices emerge, sustainability reporting frameworks must continue to evolve.
In an effort to enhance the clarity and uptake of sustainability reporting worldwide, the Global Reporting Initiative (GRI) recently released its final set of Sustainability Reporting Standards (Standards) in November 2016, marking the next phase of GRI reporting. As the most commonly used framework for sustainability disclosures, this is a change any company reporting or considering doing so will want to make note of.
What are Standards?
The GRI is in the midst of restructuring its reporting framework from iterative guideline releases (as with… More
MetLife recently released its 2015 Global Impact report. The report contains information on how MetLife has managed environmental, social and governance issues, including social impact investments, customer service, product access, employee programs, workplace diversity, environmental stewardship and philanthropy.
Throughout the report, MetLife indicates how its actions align with the United Nations’ 17 Sustainable Development Goals, or SDGs, demonstrating the company’s support of the 2030 Agenda for Sustainable Development.
Highlights of MetLife’s 2015 corporate responsibility performance include:
Green investments of $9.7 billion, which includes stakes in 37 wind and solar farms, 48 LEED-certified properties, and $3 billion in renewable energy projects
As the first U.S.-based insurer to commit to carbon neutrality, committing to reducing energy usage and greenhouse gas emissions by 10% by 2020
Implementing an Inclusion Index to measure diversity and inclusion integration within the company
Infrastructure investments of $7.8 billion, which includes projects such as roads, pipelines, and power