Apple, BMW, LG, HP, Coca-Cola, and Walmart are among the 187 companies cited by non-profit Carbon Disclosure Project for doing the most to combat climate change. These green warriors also outperform the Bloomberg World Index. The five Canadian companies that made this elite group are TD Bank, Bombardier, TransCanada, Teck Resources, and CN Railway. I find out how their stock prices compare to the S&P/TSX Index.
The 11th Annual Summit by Canadian Business for Social Responsibility brought together an international panel of leaders to address how corporate social responsibility practitioners can lead their companies onto a transformational path. Keynote speaker John Elkington showed how enterprises can set and achieve bold goals that touch their core business while addressing systemic societal risks and challenges.
A large scale study comparing Canadian companies to their world peers finds Canada leads in capturing cost reduction from sustainability initiatives but lags global leaders in driving profitability through collaboration. Broader collaborations with customers, suppliers, government and policy makers may be a key to unlocking the next phase’s rewards.