CSRHub Blog Research on ESG metrics and comments on sustainability best practice

CSRHub Launches 4 New Dashboard Templates

[fa icon="calendar'] Feb 19, 2015 9:35:27 AM / by CSRHub Blogging

 

Dashboard Supply Chain Anaylsis

 New Ranking Percentile Comparisons allow you to compare a company
to other companies in the same industry and country

                                                   

CSRHub works for you                   

CSRHub just released four new products that simplify your sustainability analysis. Each CSRHub Dashboard is an Excel-based template that uses sustainability metrics and ratings to answer questions and solve problems. These competitively priced Company Diagnostic, Competitor Benchmark, CSR/ESG Research and Supply Chain Analysis Dashboards come with enough time to access the full database to complete a project. CSRHub’s Dashboard templates for reporting are priced $79-$199.

Now you can easily enter company names and a date, click calculate and let CSRHub do an analysis. CSRHub Dashboard spreadsheets can show a heat map of ratings, compare percentile rankings, and pull sheets of additional sustainability information.

Do you need to:

  • Run a report on one company’s sustainability performance?
  • Benchmark competitors, customers and peers? Compare who reported to the CDP, GRI, or the UN Global Compact?
  • Check the sustainability status of up to 200 suppliers?
  • See a list of company’s CSR websites?
  • Perform CSR/ESG research on company performance over time?

A Full Access subscription includes all four of the dashboards listed above, plus full access to the CSRHub site for one year. You can see a full list of the new CSRHub products here.


CSRHub provides access to corporate social responsibility and sustainability ratings and information on 13,736+ companies from 135 industries in 127 countries. Managers, researchers and activists use CSRHub to benchmark company performance, learn how stakeholders evaluate company CSR practices and seek ways to change the world.

 

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Say yes! Turning ‘we don’t report’ into ‘we do’

[fa icon="calendar'] Mar 19, 2013 10:58:23 AM / by CSRHub Blogging

Say yes! Turning ‘we don’t report’ into ‘we do’

Why more U.S. companies are publicly reporting on their environmental performance and what you can do to stay ahead of the trend.

Webinar: April 10, 2013
11am – 12 noon EST

“It used to be that only firms at the leading edge of sustainable business released environmental reports, but by 2012 a third of American firms had begun disclosing these facets of their operations, along with nearly 40 percent of companies globally.” State of Green Business 2013

The link between financial performance and sustainability reporting is growing ever stronger; companies that disclose their performance frequently outperform those which don’t. A rapidly growing number of companies are reporting on their sustainability efforts, if you are a business which doesn’t disclose you will soon be in the minority amongst your peers.

If you are thinking about preparing a sustainability report, this briefing will help jumpstart your efforts by explaining key issues you should consider, things not to do when reporting, and important benchmarking tactics. This webinar is especially aimed at medium and smaller sized enterprises that are looking to build internal capacity for preparing sustainability reports.

Click here now to sign up

Agenda

11:00        The State of Sustainability Reporting

Bahar Gidwani: CEO and Co-Founder, CSRHub

  • Who is reporting and why?
  • Overview of key reporting frameworks

 

11:10        Sustainability Reporting Success Strategies

Lorinda Rowledge: Co-founder, EKOS International

  • Trust & Transparency
  • Trends
  • Essential elements to consider in preparing your first sustainability report
  • Lessons learned and tips for success

11:30        Benchmarking:  Find your focus and unlock best practices

James Salo, PhD.  Sr. Vice President Research, North America

  • Why benchmark and what can you learn by doing it?
  • Fast, cost effective approaches and case study examples

11:45        Discussion, Audience Q & A

 

12:00        Close          


About the Speakers:

 

Bahar Gidwani, CFA.  Bahar co-founded CSRHub in 2007.  Its goal is to increase access to corporate sustainability information.  He has built and run large technology-based businesses and has experience building a multi-million visitor Web site.  He worked on Wall Street with Kidder, Peabody, and with McKinsey & Co. Bahar holds both a CFA and an MBA from Harvard Business School.

Lorinda Rowledge, Ph.D.  From a foundation of expertise in world-class management systems and lean production, Lorinda has focused for the last 15 years on helping companies use Sustainability/Corporate Social Responsibility as a key platform for business advantage, innovation, and positive impact in the world.  She partners deeply with executives, mid-managers, and cross-functional teams to design and implement strategy-driven programs that achieve performance breakthroughs and innovative solutions.  Lorinda co-leads EKOS Sustainability Reporting services, helping companies engage with stakeholders and communicate the story of their CSR impact and progress.

James Salo, Ph.D.  James is the senior member responsible for Trucost's research efforts in North America and coordinates Trucost's Advisory Panel. James has been the research lead for Newsweek's Green Rankings and many of Trucost’s environmental performance benchmarking projects.   James will review why companies benchmark and what value and insights companies gain from benchmarking their performance.

CSRHub provides access to corporate social responsibility and sustainability ratings and information on 7,000+ companies from 135 industries in 91 countries. Managers, researchers and activists use CSRHub to benchmark company performance, learn how stakeholders evaluate company CSR practices and seek ways to change the world. 

 

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CSRHUB Broadens Its Base of Support

[fa icon="calendar'] Jan 24, 2011 6:24:05 AM / by Berit Anderson

CSRHUB is happy to announce that it has recently begun receiving financial support and business advice from several CSR-savvy investors. These include socially-responsible Philadelphia-based private equity firm, 3 Sisters Sustainable Investment, and several experienced web entrepreneurs. With their help, we expect to increase awareness of our site and accelerate the development of a number of new features.

 

CSRHUB’s three founders have invested years of work and personal capital to create an advanced tool for rating sustainability and corporate social performance. The commitment we have received from this group validates our concept and encourages us to move ahead aggressively with our business plan. We’re excited to be where we are today, and look forward to the opportunity to make a difference in the future. Thanks to all of you who've given us support and advice and made our success to-date possible!

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CSRHUB Featured in Sustainability Podcast Series Debut

[fa icon="calendar'] Jan 19, 2011 9:04:15 PM / by Berit Anderson

CSRHUB Co-Founder and COO, Cynthia150873_10150129409398902_361089108901_7794341_732168_n Figge, sat down recently with Zecca Lehn of environmental consulting firm West-to-West, to discuss the inspiration behind CSRHUB, its data sourcing and capabilities, business' changing priorities, and why companies with progressive CSR strategies actually have a competitive advantage.

 

The interview was the first in a series of podcasts that Lehn, West-to-West's Co-Founding Manager, plans to produce about bridging sustainability and technology.

 

Listen to the full interview.

 

 

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CSR Standards: Who Makes the Rules?

[fa icon="calendar'] Jan 4, 2011 9:57:21 AM / by Bahar Gidwani

By Bahar Gidwani

This post originally appeared in Triple Pundit.

In a previous post, we described the trove of corporate social responsibility (CSR) data that is available from finance-related researchers.  One of the main places these firms get their data is from company-written CSR reports.  Corporate Register offers links to more than 6,000 of these reports—from all types of companies and organizations.

How do companies decide what to report and how to report it?  Since CSR and sustainability reporting are fairly new areas, most companies look outside of their accounting and management teams for guidance and standards.  They get help from organizations such as:

Global Reporting Initiative (GRI): One of the first and most-widely used reporting standards bodies, GRI launched in the late 1990s with support from a who’s who of sustainability pioneers and backing from UNEP.  Thanks to untold hours of work from stakeholders, technical advisors, and national organizations, GRI has defined and guided CSR reporting for more than 2,500 companies and organizations.  The latest GRI standard (called G3) includes more than 160 areas for measurement and disclosure.  GRI is now working to encourage mandatory dual reporting (where companies must report both their fiscal and social performance) by 2020.

International Standards Organization (ISO): We have all benefited for years from ISO standards for product quality, health, and safety.  Now, ISO has created a standard for internal tracking and reporting social responsibility performance called ISO 26000.  This massive project has benefited from input from 450 participating experts, 210 observers, and 42 liaison organizations.  ISO26000 data can generally be “mapped” into the formats needed for other standards (such as GRI) so companies can use their internal data for external reporting.  ISO also offers the ISO 14000 standard for environmental management.  This standard helps companies track and improve their environmental performance.

Social Accountability International (SAI): The SA8000 standard is based on the UN Universal Declaration of Human Rights, Convention on the Rights of the Child and various International Labour Organization (ILO) conventions.  It applies at the facility level—so companies may have only gone through the SA8000 process on some of their plants or offices.  As of September of 2010, more than 2,300 facilities in 62 companies have received SAI certification—and many other facilities are at various stages in the process.  Of course, many of the materials gathered during this type of certification can feed into an organization’s CSR report.

Impact Reporting and Investment Standards (IRIS): The Global Impact Investing Rating System (GIIRS) was launched to give company ratings to impact investors (those who want to use their investments to generate positive change).  As part of this ambitious effort, GIIRS has helped to develop IRIS—an independent set of standards that would help mission-driven businesses measure and report their social impact.  The current IRIS taxonomy includes five spreadsheets of measurement processes and more than 90 definitions.

UL Environment: There are several emerging efforts underway to give companies a voluntary standard way of rating themselves, and obtaining third party verification. These include an exciting project by UL Environment, in partnership with Greener World Media, which is developing an organization-wide sustainability standard that will be used to assess corporate policies and practices, known as the ULE 880.

B Corporation (B Corp): More than 360 companies (including CSRHUB) have now completed the B Corp assessment process.  We answered a long list of questions about our social behavior and then were quizzed about various aspects of our performance.  We got a passing grade—plus good reminders about the social side of our mission and management approach.  B Corp reveals a list of the companies that have completed the assessment, but does not yet share most of the data it gathers.

Table: Berit Anderson

In general, there is a gap between the data companies gather and the data that they reveal, via CSR reports, regulatory filings, and other communication activities.  There may also be a gap between the data companies report and their true performance.  Most CSR standards allow for “third party verification.”  However, in many cases, the only groups with the necessary training and experience to serve as verifiers are CSR and sustainability consulting groups—with the fees for their reviews paid by the companies they are reviewing.  This leads to charges such as “greenwashing” and to a lack of the uniform reporting and transparency required to prove the effectiveness and credibility of these standards.  CSR standards groups are doing worthy and necessary work—but they need more regulatory and marketplace support to force companies and organizations to comply with both the spirit and the letter of their standards.


Bahar Gidwani is Cofounder and CEO of CSRHUB. He was the CEO of New York-based Index Stock Imagery, Inc, from 1991 through its sale in 2006. He has built and run large technology-based businesses, and has experience building a multi-million visitor Web site. Bahar holds a CFA, worked on Wall Street with Kidder, Peabody, and with McKinsey. Bahar has consulted to companies including Citibank, Banco Portuguese do Atlantico, Crane Co., Sperry, GE, General Dynamics, Computer Associates, Oracle, Microsoft, Computer Sciences, EDS, Cerner, and Acxiom. He has an MBA from Harvard Business School. Bahar is based in New York City.

CSRHUB is a corporate social responsibility ratings tool that allows managers, researchers, consultants, academics and individual activists to track the CSR performance of major companies. We aggregate data from more than 90 sources to provide our users with a comprehensive source of CSR information about 5000+ publicly traded companies in 62 countries. Browse our ratings at www.csrhub.com.

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