What is the difference between CSR and CSV?
CSR (Corporate Social Responsibility) refers to the commitment the organizations acquire to act with responsibility towards the society and the environment. It does not imply only to make an effort to mend or reduce the damage caused by their activity, but also to contribute with positive extra impacts, for example through philanthropy.
According to Porter and Kramer (2011) CSV (Creating Shared Value) “presumes compliance with the law and ethical standards, as well as mitigating any harm caused by the business, but goes far beyond that. Continue reading “Corporate Social Responsibility (CSR) vs Creating Shared Value (CSV)”
Strategies to tackle Climate Change
The Climate Summit is over and it has produced what was called a successful agreement among almost all countries in the world. 186 from the 195 participant countries in the summit have already committed to make and implement national plans -and to review them every 5 years- to fight against climate change. The main points treated on the agreement are:
- The global temperature increase must remain below 2°C by the end of the century
- By the mid-century it should be reached an “equilibrium” among emissions and the capability to absorb them, mainly CO2
- It is a legal binding agreement. However the national emission reduction goals will not be binding.
- A finance of around USD 100.000 million for developing countries as of 2020
- It will be reviewed every 5 years
- Every country should made a national inventory of emissions to allow measurement, control and improvement.
According to the national plan strategies set on the table the result of their implementation will be still an increase of 3°C in the global temperature. Therefore the importance of stricter strategies which involve bigger commitment from all stakeholders, including business and civil society; the use of new technologies; and the national 5-year plan reviews. Some strategies from national plans will include some of following elements:
Continue reading “Beyond PARIS 2015 “