Sustainable Business Network of Washington (SB NOW)

A blog about leveraging the power of business for positive change in the 'Capital of Capitalism.'

Friday, November 21, 2008

CSR, Environmental Programs Good for the Bottom Line, Report Finds

GreenBiz.com, 19 November 2008 - With the global financial meltdown sending every company "back to the blackboard," a new report from the Economist Intelligence Unit finds that almost three-quarters of businesses with CSR programs in place are seeing financial benefits as a result of achieving environmental goals.

The report was released at the start of the Economist's "Corporate Citizenship" conference yesterday in San Francisco. Kicking off the conference, Matthew Bishop from the Economist news magazine and Nigel Holloway of the Economist Intelligence Unit's North American division looked at the report from the perspective of the current economic situation.

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