When Principles Pay, Corporate Social Responsibility and the Bottom Line by Geoffrey Heal -- Read -- Imperial Library of Trantor

Index

Cover Half title Title Copyright Dedication Contents Preface 1. Introduction

Adam Smith and Corporate Responsibility External Costs Fairness Shareholders Conclusions

2. Social, Environmental, and Financial Performance

What the Data Tell Us Conclusions Appendix: Whirlpool and Corporate Social Responsibility

3. Socially Responsible Investment

The Performance of SRI Funds The Impact of SRI Funds Conclusions

4. Financial Institutions and Social and Environmental Performance

Background to the Equator Principles Development of the Equator Principles Drafting the Equator Principles Second Meeting of the Banks—February 12, 2003, at Citigroup’s Office in Canary Wharf, London Financial Times Articles Third Meeting of the Banks—April 29, 2003, at WestLB’s Offices in Düsseldorf Elements of the Equator Principles Test-Marketing the Principles with Project Sponsors and NGOs Marketing the Principles to Other Banks The Management Decision—Go It Alone or Not? Reaction to the Equator Principles Equator Principles at Citigroup Consequences and Implications of Equator Principles Evolution of the Equator Principles The Business Case for the Equator Principles Evaluation of the Equator Principles

5. Pharmaceuticals and Corporate Responsibility

Doing Well and Doing Good The Fall from Grace Access to Medicines Transparency The Way Ahead Conclusion

6. Wal-Mart and Starbucks

Wal-Mart Starbucks

7. Interface and Monsanto

Interface Monsanto

8. Outsourcing

The Ethics of Outsourcing Case Studies Facts About Outsourcing and Low-Wage Countries Corporate Responsibility and Outsourcing Outsourcing in China Conclusions

9. Getting Rich by Selling to the Poor

Capital Markets and Prosperity Consumer Goods and the Poor

10. Cell Phones and Development

Phones and Economic Growth Mobile Phones in Poor Countries Conclusions

11. Measuring Corporate Responsibility 12. Social and Environmental Policies and Corporate Strategy

Corporate Responsibility and Risk Management Corporate Responsibility and Brand Value Corporate Responsibility is Often Collective How Do Social and Environmental Strategies Work? Do Social and Environmental Policies Work? Summary

13. Conclusions

Doing Well by Doing Good? International Dimensions Conclusions

Notes Index