A Taiwanese steel firm behind a toxic spill that killed tonnes of fish in central Vietnam last year was fined for a second time for illegally burying “harmful” waste, official sources said Sunday. The deadly dump from Formosa’s $11 billion steel plant in Ha Tinh province sparked one of the country’s worst environmental catastrophes, decimating livelihoods… (more…)

Taiwan steel firm behind toxic dump in Vietnam fined again

A Taiwanese steel firm behind a toxic spill that killed tonnes of fish in central Vietnam last year was fined for a second time for illegally burying “harmful” waste, official sources said Sunday. The deadly dump from Formosa’s $11 billion steel plant in Ha Tinh province sparked one of the country’s worst environmental catastrophes, decimating livelihoods… Read more

Twitter’s Stock Rose After Q3 Statement, Off-Boarding Advertising Announcement

Just hours after Twitter saw more than a 10 percent bump in its stock price Thursday morning the company announced a new policy on Russian advertising on the social media platform. The announcement comes after investigations the company has been conducting around 2016 Presidential Election interference on the site. Twitter’s stock jumped after the company released… Read more

Tesla tells hundreds of its employees they’re not good enough to work there

SAN FRANCISCO — Firing hundreds of workers all at once is rare, at least in the auto industry. But Tesla Inc. does things differently. Word leaked out Friday that the electric car, battery and solar roof company had bulk-fired several hundred employees. The Mercury News, which broke that story, said Tesla made clear that workers were… Read more

‘Death by overwork’: occupational hazard for Japan’s media

The news that a young reporter at Japan’s public broadcaster had worked herself to death came as little surprise to those inside the country’s media, where a culture of excessively long hours has become the norm. “I thought it would happen eventually because we work like crazy… like a slave,” said a journalist at one of… Read more

Oscar board meets over Weinstein

Harvey Weinstein’s brother has denied reports in the media that their film production company could be closed or sold. The company fired Harvey Weinstein last Sunday amid a growing number of allegations of sexual harassment. Bob Weinstein will take the reins of The Weinstein Company now that Harvey is out https://t.co/XPZsjBcLNL pic.twitter.com/Q7EsUcBuXI— Variety (@Variety) 8 octobre… Read more

EU parliament may deny access to Monsanto

The European Parliament has been asked by its political leaders to deny access to executives and lobbyists for US agro-chemicals giant Monsanto, a parliament spokesman said Friday. The leaders of the parliament’s political groups issued the appeal after the firm turned down an invitation to a hearing over claims Monsanto influenced scientific research on the safety… Read more

Are PayDay Loans Abusive?

Quora Questions are part of a partnership between Newsweek and Quora, through which we’ll be posting relevant and interesting answers from Quora contributors throughout the week. Read more about the partnership here. Answer from Josh Velson, data scientist, chemical engineer: Contrary to what many people might otherwise believe, the payday loan industry is in fact highly… Read more

How a job acquires a gender (and less authority if it’s female)

By Sarah Thebaud, Associate Professor, Sociology, University of California, Santa Barbara and Laura Doering, Assistant Professor of Strategy and Organization, McGill University. Why do we think of a firefighter as a man and a nurse as a woman and not the other way around? AP Photos “I’m not bossy, I’m the boss.” So proclaims Beyoncé in… Read more

Fruit of the Loom, Inc. Joins The Sustainability Consortium

Fruit of the Loom, Inc., has recently joined The Sustainability Consortium (TSC) as part of its ongoing commitment to corporate social and environmental responsibility. TSC is a global, non-profit organization working to transform the consumer goods industry so that mainstream consumer goods bought each day, like Fruit of the Loom products, are more sustainable. “Operating in… Read more

Collected Insights Offer a Strategic Roadmap for Companies as They Respond to New Global Challenges

Further reinforcing trends seen over the last six months, CECP: The CEO Force for Good has drawn together its current research base to develop a series of insights designed to help guide companies as they shape their social strategies, which have gained new global importance given the unique role they are suited to play in this… Read more

One of the World’s Largest Fashion Retailers Bans Fur

Net-a-Porter, one of the largest online designer fashion retailers, is going fur-free. The internet retailer’s parent company, Yoox Net-a-Porter (YNAP) Group, announced Tuesday it will no longer stock clothing or accessories that are made with animal fur across its portfolio of brands, which also includes menswear site Mr Porter, Yoox and The Outnet. YNAP’s head of… Read more

Ohio Sues Drug Makers it Accuses of Fueling Opioid Crisis

The U.S. state of Ohio filed a lawsuit Wednesday against five prescription drug manufacturers, saying they used deceptive practices that fueled an opioid addiction epidemic. “These drug manufacturers led prescribers to believe that opioids were not addictive, that addiction was an easy thing to overcome, or that addiction could actually be treated by taking even more… Read more

ExxonMobil Shareholders Vote On Exposing Corporate Lobbying

On Wednesday, ExxonMobil investors are scheduled to gather in Dallas for the company’s annual shareholder meeting. There they will vote on nine shareholder proposals, one of which would require the world’s largest publicly traded oil and gas company to fully disclose its spending on state and federal lobbying. The proposal, which is part of a broad… Read more

Lead the Way in Responsible Business

The submission deadline for the 8 th Annual Responsible Business Awards is drawing ever closer and we’re still on the hunt for the ground-breaking initiatives that have brought CSR to the fore over the past year. This is your chance to be recognised, and what’s more, recognise colleagues, teams and partners who have worked tirelessly to… Read more

Samsung Employees Nationwide Swap the Office for Day of Service

Samsung Electronics America, Inc. today will host its bi-annual, companywide Day of Service throughout their national locations in New Jersey, New York, Texas, California and Washington, D.C. and regional offices. The event, which occurs each spring and fall, is part of the company’s overarching Samsung Gives initiative, a platform that creates service opportunities for Samsung employees… Read more

Caterpillar Focuses on Restoring World’s Natural Infrastructure

According to the UN estimates, 25 percent of the world’s land is highly degraded by now, and over 50 percent of all wetlands have been lost. However, it is possible to reverse this damage by reclaiming mines, re-building beaches, restoring rivers and re-planting forests. Soil restoration alone can help to eliminate 3.5 to 11 billion tons… Read more

The Oil Company That Owns Colorado

Days after a gas line linked to an Anadarko Petroleum well ignited a deadly home blast in Colorado, the company’s chief executive said the “terrible tragedy has left all of us with heavy hearts.” But even as investigators were picking through the wreckage, the company moved to fight a new bill that would have forced it… Read more

Suvery Finds Consumers Don’t Trust Companies To Protect Their Data

More than two-thirds of adults in the United States and United Kingdom worry consumer electronics makers are failing to take the proper steps to secure their data, aa survey published this week indicates. Gigya, a customer management platform, surveyed 2,000 adult consumers in the U.S. and 2,000 in the U.K. and found 68 percent of respondents… Read more

Impact Investing Creates New Opportunities for Social Enterprises

(3BL media/Justmeans) – Social enterprises present a unique model for global sustainability. They combine social responsibility with business strategy to scale solutions that are needed now more than ever. But to achieve scale, it is important for social entrepreneurs to find investors that share the same values. A recent study conducted by the Forum for Sustainable… Read more

PR Nightmare: United Posts Job Listing for Public Affairs Exec

Barely 48 hours after United Airlines employees created a national scandal by dragging a doctor violently from his seat, America’s newly controversial airline posted a job listing for a Public Relations manager on District Daybook, the “premier resource for political and policy professionals in Washington D.C.” The company is seeking someone with “the courage, the creativity,… Read more

Responsible Business Trends 2017 – Complimentary Snapshot Report

As part of Ethical Corporation’s annual Responsible Business Trends 2017 Report we reached out approximately 2,500 global business executives to get an understanding of the top sustainability trends and issues for 2017. This snapshot highlights some key findings from our community based in Europe. Click here to download your complimentary copy Some key findings are: The… Read more

Germany Asks Facebook And Twitter To Stop Spreading Hate Speech

Facebook and Twitter and other similar social networking sites may have to pay fines up to $53 million if they fail to remove illegal content, which includes hate speeches or defamatory “fake news,” Germany’s minister of justice and consumer protection warned Tuesday. The issued warning suggests that for posts that are “obviously criminal content,” companies would… Read more

German prosecutors raid scandal-hit VW’s luxury offshoot Audi

Berlin (dpa) – German prosecutors raided on Wednesday the head office of luxury carmaker Audi, which is an offshoot of scandal hit Volkswagen. Munich prosecutors searched the Audi offices in the southern state of Bavaria shortly before the auto group’s chief Rupert Stadler presided over the premium carmaker’s annual press conference, a company spokesman said. Audi… Read more

Leading brands pull out of Bangladesh clothing summit

Dhaka (dpa) – Five leading apparel companies have said they are pulling out of an annual apparel summit in Bangladesh to demand an end to harsh conditions for workers, a campaign group said Wednesday. The Netherlands-based Clean Cloth Campaign said the decision by H&M, Inditex (Zara), C&A, Next and Tchibo came in response to the group’s… Read more