Two major trends of recent decades that are reshaping commerce: the increased movement of production to lower-cost contractor bases and globalization of production and the increasing deployment of information technology that reduces employee count in developed economies. Thomas Friedman and Michael Mandelbaum explored these trends in their best-seller, "That Used To Be Us." The subtitle: "How America Fell Behind in the World it Invented...and How We Can Come Back." The authors -- The merger of globalization and the IT revolution has made "average" a dangerous place to be in the workplace, with the usual entry level or move-up jobs now moved out (to other production areas). Any job that can be eliminated through automation or cheaper labor "is not coming back," Friedman and Mandelbaum maintain. We are now in the free agent era of labor. But not without consequences, as we all recognized with the tragedy in Bangladesh, with 1,100 people (mostly women) perishing. It is too early to tell what the consumer reaction will be longer-term in developed markets like the U.S.A. and E.U., and their reaction to learning what popular brand marketers are doing "out of sight" in less-developed countries. Sustainable and Responsible Investors (SRI) are not only tuning in, but taking position and action, as our top story (here) demonstrates. S&R investors equate poor working conditions that are part of the globalization trend to be human rights issues - stay tuned to the investors speaking out and demanding change in corporate behavior. Top Stories of the Week Diverse Coalition Of Global Investors Managing More Than $1.5 Trillion Calls For Systemic Reforms To End Human Rights Abuses In Apparel Supply Chains (Thursday - May 23, 2013) Source: Interfaith Center on Corporate Responsibility – Concerned that human rights catastrophes like the April 24 collapse of the Rana Plaza in Bangladesh might recur if sweeping reforms aren’t promptly implemented, a global coalition of institutional investors are calling...[more] Sustainability in Focus Speech: Sustainability and reporting: Europe at the forefront (Thursday - May 23, 2013) Source: Europa Press Releases - Today, I want to focus on the EU proposal on non-financial, corporate reporting, published in April this year. I also want to draw your attention to the newly agreed European reporting rules for extractive industries and banks. The future of sustainability reporting: how can we make it better? (Wednesday - May 22, 2013) Source: Guardian.co.uk - Last month’s EU Commission proposal for a directive requiring sustainability reporting (SR) by large European companies and this week’s Global Reporting Initiative (GRI) conference, where EU Commissioner Michel Barnier will... Sustainability Matters in the Battle for Talent (Tuesday - May 21, 2013) Source: Harvard Business Review - New data shows that sustainability is an increasingly important factor in attracting and managing talent. Views on sustainability take hit - survey (Monday - May 20, 2013) Source: stuff.co.az - Businesses say they have had a wake-up call from a new survey showing fewer people than last year think their workplaces are sustainable. Perceptions of business' environmental and social efforts have slipped lower on many... ESG Issues & Players Is Corporate Social Responsibility Serious Business' (Thursday - May 23, 2013) Associated Profiles : NGOWatch Source: American Enterprise Institute - This conference, organized by NGO Watch project sponsored by AEI and the Federalist Society will examine the complex global CSR phenomenon and take an in-depth look at... World on course to run out of water, warns Ban Ki-moon (Wednesday - May 22, 2013) Source: Guardian.co.uk - Ban Ki-moon has warned the world is on course to run out of freshwater unless greater efforts are made to improve water security. Speaking on the UN's International Day of Biological Diversity, Ban said there was a "mutually... Fracking: How It Could Save the Climate and U.S. Foreign Policy (Tuesday - May 21, 2013) Associated Profiles: Council on Foreign Relations Source: PolicyMic - First, by cooperating with China, the U.S. can increase global production, which will hold prices down while saving the environment. By sharing our knowledge of effective and safe fracking techniques with China, which... Asset Managers, US Pension Funds, Sovereign Wealth Funds Flawed Corporate Watchdog Methods Helped Fuel Economic Crisis, Expert Says (Thursday - May 23, 2013) Associated Profiles : Climate Disclosure Standards Board Source: Science Daily - Oct. 10, 2008 â Archaic corporate governing systems that failed to ferret out risky business deals helped stoke the nation’s deepest financial meltdown since the Great Depression, a University of... Pension reform: Proposal to cut pensions could hurt California even more than housing crash (Wednesday - May 22, 2013) Associated Profiles : California State Teachers’ Retirement System Source: San Jose Mercury News - CalPERS, which governs not just state employees but those in the majority of California's cities and counties, is often accused of setting "unrealistic expectations" for its investment returns... Middle East sovereign wealth funds bypass private equity funds (Tuesday - May 21, 2013) Associated Profiles : Abu Dhabi Investment Authority Source: Financial Times - Middle East sovereign wealth funds are boosting their investment in unlisted companies and increasingly bypassing private equity funds as they seek higher returns. Sovereign wealth funds in the region, which are... Watching the Watchers Institute for Food Safety and Health Headquarters: Summit-Argo, Illinois
Established: 1988 KEY PARTNERS Illinois Institute of Technology, U.S. Food and Drug Administration, food industry partners
OVERVIEW/MISSION The Institute for Food Safety and Health (IFSH) describes itself as “a unique research consortium composed of scientists from the Illinois Institute of Technology, US Food and Drug Administration, and the food industry.” IFSH is also home to IIT’s graduate degree and certificate programs for, respectively, graduate students and food industry scientists and engineers. BACKGROUND IFSH's roots date back to 1988 when the Corn Products Refining Co. donated seven buildings to the Illinois Institute of Technology for use as a National Center for Food Safety and Technology. NCFST has been part of IFSH since 2011, when IFSH was formed: IFSH writes that the institute is "strongly positioned to continue this legacy [of NCFST], assisting the nation’s food companies and regulators with practical, authoritative information that supports science-based decision making, especially in light of new requirements of the Food Safety Modernization Act." The complex includes labs, a library, a greenhouse, and a pilot plant. Institute for Food Safety and Health News Sweep Careers in Food Science (Thursday - May 23, 2013) Associated Profiles: Institute for Food Safety and Health - FDA - It's Real-life Science in Action! So you want to be a scientist' Learn all about what it takes to make it happen by checking out these exciting interviews! Professionals working in a variety of food safety careers tell all...
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_______________________________ Corporate ESG Performance Factors & SustainabilityHQ Corporate ESG Performance Factors are important to financial analysts, asset owners and managers, and many stakeholders. The ESG framework or approach considers environmental issues and impacts, the company’s positioning and actions on social/societal issues, and important aspects of corporate governance. ESG key performance indicators are considered by investors as proxies for effective governance and management. Increasing numbers of of independent research and financial analysis firms monitor and measure these and advisie investors. The platform is an important profiling and monitoring resource for the G&A team, and for our clients and subscribers. ESG market players and corporate reputation influencers are profiled and monitored by G&A Institute. In these Highlights we provide some results of our continuous global scanning for ESG, sustainability and corporate responsibility news.. The Associated Profiles indicated are in our platforms. For more information, please email us at info@sustainabilityhq.com _______________________________ For more on: ESG & Sustainability Players - Shaping Perceptions, Valuations & Decision-Making
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