Sunday, April 13, 2008

So what can we do??

We've been critiquing companies as to what they are doing to contribute positively to the environment in which they operate. As we close this exercise, I'd like to ask you what can you do to make a positive impact on the environment?

National Geographic aired an interesting documentary titled "The Human Footprint" where they show exactly how much waste every American will generate in the course of his or her lifetime. This includes things the foods we eat, the personal hygiene products we use, the clothes we were and the resources that go into making those products. I'd like you to check out the link to National Geographic located here:
http://www.nationalgeographic.com/preserveourplanet/index.html

Please take a look at the "Carbon Calculator" - and see what you can do to reduce your carbon emissions. Please post your thoughts to the recommendations here.

Sunday, April 6, 2008

Financial Statements and social responsibilty

As we head into the "financial chapters" in our class, I found an interesting article on the Chicago Tribune discussing whether annual reports should include the company's efforts in corporate responsibility.
Please read the Tribune article here:http://www.chicagotribune.com/business/yourmoney/sns-yourmoney-0323reports,0,5707856.story

In particular, I'm interested in what you think about this comment:

Companies are adding to their annual reports corporate social responsibility sections, which detail their community reinvestment and commitment to the environment, Greenberg said

Do you think that this corporate social responsibility is becoming more important to investors? If you believe that it is important to investors do you believe that this is something that will continue to be important? If so, why? If not, why not?