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Friday 26 August 2016
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Businesses need to lead

Governance and Transparency

Not-for-profit think-tank Tomorrow’s Company has released a report outlining the need for business to take a greater role in social leadership. The report contents that businesses have collectively lost their voice because people sense that they have no stake the current system.

Gender earnings gap – two studies

Diversity and Equality

Recently two rather different studies have been published on the earnings gap between men and women in the UK. First, the Institute of Fiscal Studies (IFS) has produced a report into the average earnings difference, and details this both by age and academic level. As a piece of research in in its own right it is a thoughtful analysis of the state of earnings, and quite logically ends with the desire to research the reasons for the disparity (although it does point to career choices, part-time working and childcare as potential areas for further research).

Rockwool Group seeks footprint reduction

Environment and Sustainability

Danish insulation materials company Rockwool Group has released a new sustainability report that re-orientates the entire organisation to focus upon environmental goals that are aligned to its products.

Woodford drops bonuses

Ethical Business and Investment

Woodford Investment Management has decided to stop giving bonuses to its employees, citing their ‘ineffectiveness’ as the reason. The firm's 35 staff will receive an increase in pay and benefits as an alternative.

Other News Stories...

Investor pressure on Sports Direct

In a further instance of investor pressure, the Local Authority Pension Fund Forum (LAPF) has backed a resolution seeking a review of human capital management strategy at Sports Direct, with the view that responsive business practices by companies lead to sustainable returns for investors over the long-term.

A fine balance: EDITORIAL

Corporate funders of charitable organisations, and the charities that take the funding are, at times, placed in a difficult situation. The decision to accept or donate funds from certain sources sits at a nexus of need, public perception and motivation.

More ethical investments

The latest evidence that social awareness in investment is rising has been presented with Alliance Trust Savings offering EQ Investors’ Positive Impact Portfolios on its platform. The portfolios, established in 2012, are designed to meet a growing investor appetite for an investment approach which is committed to making a positive contribution to society or the environment.

Fawcett Society calls for work restructure

Diversity and Equality

The Fawcett Society has highlighted the need for a restructuring of work practices in the UK , and in particular part-time work, in order to avoid missing out on talent. The organisation is keen to see a more positive approach to career breaks and part-time work.

VW brands take further tumble

Governance and Transparency

It has not been a good time for Volkswagen Group. The emissions scandal (Dieselgate) continues to send ripples of bad news across the organisation, incurring both fines and dropping sales. The Group brands have collectively suffered from tis, and now it faces criminal action in the US.

Peak stuff – mobile phones showing the way?

Environment and Sustainability

Greenpeace has conducted a global survey to explore people’s thoughts regarding the issues of mobile phone consumption, repair, and recycling that could hold the framework for all future manufacturers and recycling schemes.

IFoA urges G20 to phase out fossil fuel subsidies

Ethical Business and Investment

The Institute and Faculty of Actuaries has signed the Overseas Development Institutes Statement urging the G20 governments to honour their long-standing commitment to phase out fossil fuel subsidies. The IFoA said fossil fuel subsidies act as a barrier to investment in renewables on the scale needed to deliver greenhouse gas reduction commitments made at COP21.

Eco-travel goes full cycle

Environment and Sustainability

In another example of creating alignment of public good and core business, Finnish renewable oil producer Neste has tapped into the growth in ‘eco-holidays’ and travel, and Neste’s EcoTravel is now claiming to be the first sustainable travel concept that will enable people to be environmentally friendly at every step. Every service is powered by renewables, with even the flights and transportation to restaurants using renewable fuel.

Hornsea Project Two receives consent

Environment and Sustainability

The Government has announced that Hornsea Project Two has received development consent from Business and Energy Secretary Greg Clark, giving the go-ahead to create the world’s largest offshore windfarm.

Standard Life ramps up ESG

Ethical Business and Investment

The march of more ethical investments continues, with Standard Life Investments strengthening its ESG Investment Team with the hire of Marc Brammer and Sophie Rahm as Responsible Investment Analysts. Reporting to Amanda Young, Head of Responsible Investment, Brammer and Rahm will play an important role in the further integration of responsible investment considerations into the wider investment process and engaging with companies on environmental and social issues.

Public will pay for environmental credentials


UK shoppers are prepared to pay a premium of 10 per cent for products that can display their environmental credentials.

Social bond fund celebrates 100m

Ethical Business and Investment

As the Threadneedle UK social bond fund approaches its third anniversary, investment manager Columbia Threadneedle Investments has announced that the fund has now reached over £100m in assets under management.

Initiative and passion as important as a degree

Diversity and Equality

Initiative, passion and self-motivation are as important to UK employers as a holding a degree claims a report from Uni’s not for me (UNFM), an information and advice resource for young people considering the alternatives to university.

UK fifth in energy rankings

Environment and Sustainability

The American Council for an Energy-Efficient Economy (ACEEE) has released its annual International Energy Efficiency Scorecard, ranking countries on their efficiency efforts. This year the United Kingdom is in fifth place out of 23 countries, moving up one place from joint sixth spot with Japan last year.

Better Society Awards
Better Society Awards

Better Society Awards Highlights Video 2016

Heart of the city
Heart of the city

The Editor of Better Society Network recently interviewed Carolyn Housman from Heart of the city

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