New California ESG rule pushes U.S. in the right direction
Companies who do business in California and earn at least $1 billion will soon be required to report on a wide range of their carbon emissions. The new rule covers emissions directly produced by business activities, as well as those a company is indirectly responsible for via its supply chain and customer behavior. Read why many companies warmly welcome the bill and how it will impact responsible business in Reuters.
Reaching 78 percent (!?) employee engagement in social impact
Over the past year, enterprise blockchain leader Ripple has seen an enthusiastic culture of service anchored in charitable giving, volunteerism, and genuine human connection blossom throughout their organization. To learn how they do it, check out our partner spotlight.
The making of a strong corporate purpose statement
Finding the correct aim, tone, and style of a large, complex organization’s core purpose can be challenging. A new report from researchers at King’s College London says it’s important to avoid writing something vague, grandiose, and uninspiring. Instead, strive for statements that authentically reflect your company’s commitment to specific social and environmental causes, and your beneficiaries’ needs. Find out how in the Harvard Business Review.
Social impact and cybersecurity go hand in hand
The newly-formed Kyndryl Foundation is dedicated to making a positive impact through grants targeting vital societal challenges. Their focus on enhancing cybersecurity education, nurturing an inclusive workforce, and preparing nonprofits for potential cybersecurity attacks is a total game-changer. We are so excited to see how our friends at Kyndryl will work with their foundation to make an ever-greater impact. For more on how the Kyndryl Foundation is building an inclusive, sustainable future, head to www.kyndryl.org.
One great book for your nightstand
Patagonia’s maverick founder Yvon Chouinard and the company’s director of philosophy, Vincent Stanley, have published a new edition of their celebrated book, The Responsible Company. Stanley said the update expresses “a stronger vision of what needs to be done to restore the planet to health…it’s time to bring that into conversation with our community of customers and allies in other businesses.” Before you get a copy, read this interview.
An exciting new initiative promoting digital citizenship
Digital literacy and inclusivity are among the top challenges our communities face in today’s tech-driven world. Our friends at enterprise AI software leader o9 Solutions, Inc. saw a unique opportunity to simultaneously expand access to emerging technologies and empower underserved communities. The o9 Digital Tomorrow Grant will provide $250,000 to help solve these complex problems, promote responsible digital citizenship, foster innovation, and nurture strong, engaged communities. Applications are open to eligible organizations now through Oct. 31. Details here.
