The United Nations Development Program (UNDP) has been publishing an independent Human Development Report (HDR) for almost twenty years. Its associated Human Development Index (HDI) is well-respected, broad (182 countries), and widely read (they translate it into a dozen languages). In contrast, our CSRHUB ratings system has just recently launched and is not nearly as well known. While we cover more companies (more than 5,500) and countries (66) than any other source of corporate social responsibility information, we can’t claim the same level of authority or readership as the HDI.
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Can businesses maximize both their profits and the social benefits they create? Or, do economic and social profits compete with one another? 100+ years of literature and lore have trained us to believe that businesses can’t optimize both their profits and their social benefits. From Upton Sinclair (e.g., The Jungle) and Charles Dickens (A Christmas Story), through Erin Brockovich and The Informant!, we have heard of countless examples of horrors that can be caused by corporate greed and money-grubbing.However, a number of people seem to believe that this paradigm can be broken.
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