Daily Media Briefing 16 Feb 2012

Daily Media Briefing


Posted in: Daily Media Briefing

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February 16, 2012

Social Investment

Alcoa joins A Billion + Change campaign increasing skills-based volunteerism

Alcoa has joined ‘A Billion + Change’, a national campaign to mobilise billions of dollars in skills-based and pro bono volunteer services to help build the capacity of non-profit organisations to meet community needs effectively. Alcoa committed to having 10%, or 100,000 of its employee volunteer hours, be skills-based volunteering.

Business Wire

The Aspen Institute announces two-generation approach to move families beyond poverty

The Aspen Institute’s ‘Ascend programme’ released a report announcing a two-generation approach that targets education for both children and their parents, to help families achieve economic security. The new report, Two Generations, One Future, makes the case for focusing on simultaneous educational opportunities for parents and their children as a promising way to move families beyond poverty.

CSR Wire

Corporate Reputation

Former executives, bankers arrested over Olympus fraud

Four months after one of Japan’s biggest corporate scandals, police and prosecutors on Thursday arrested seven men, including a former Olympus Corp president and ex-bankers, over their role in a $1.7 billion accounting fraud at the medical equipment and camera maker. Tokyo prosecutors arrested the company’s ex-President Tsuyoshi Kikukawa, former Executive Vice President Hisashi Mori and former auditor Hideo Yamada on suspicion of violating the Financial Instruments and Exchange Law, officials said.
Reuters http://www.reuters.com/article/2012/02/16/us-olympus-idUSTRE81E22120120216

No 10 too soft on big business, says Camerons ally
David Cameron’s pledge to create a “responsible capitalism” has already run into trouble after an ally complained of a “policy vacuum” inside Downing Street on tackling energy companies, banks and big business. Zac Goldsmith, a former adviser to Mr Cameron, said that banks remained “too big to fail”. He named companies such as BP, Tesco and Costa Coffee as among those wielding too much power. Mr Goldsmith, said that policies were “still being influenced disproportionately by vested interests”.
The Times* p16 http://www.thetimes.co.uk/tto/news/politics/article3321497.ece


Ethical plan sees The Co-operative Group cut greenhouse emissions by 35%

The Co-operative Group has reduced its greenhouse gas emissions by a massive 35%, an update on the society’s Ethical Operating Plan has revealed. The plan was launched last year and outlined 47 tough commitments, including increasing the society’s membership to 20 million by 2020 and promising to use Fairtrade-certified goods for 90% of the primary commodities sourced from the developing world.
The Grocer http://www.thegrocer.co.uk/companies/supermarkets/the-co-operative-group/ethical-plan-sees-the-co-op-cut-emissions-by-a-third/226216.article

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