What's wrong with corporate giving?Article
Large companies give huge amounts to charity. Last year the FTSE 100 handed over a combined total of £2.1bn in charitable giving, approximately 1.6% of their pre-tax profits. And companies are doing great things for, and with, charities – Sainsbury’s alone has donated over £100m to Comic Relief since 1999. Lots of money flowing, professionally managed relationships and plenty of good ideas. All at a time when the charity sector is feeling the pinch. What is not to like?
Our opinion piece in Blue & Green Tomorrow argues that there is lots of room for improvement.
As COP26 starts, the Responsible Media Forum (RMF) have published a summary of the progress the Media Climate Pact signatories have made on:
- Setting science-based targets to reach net zero as early as possible and 2050 at the latest
- Driving climate-friendly lifestyles through content
"The efforts of 7 leading media companies to reduce their emissions and drive behaviour change towards climate-friendly lifestyles through content are encouraging. Systematically putting climate at the heart of editorial & creative decisions would have been unthinkable 5 years ago."
PSCI Annual Report 2020 Report
The 2020 PSCI Annual Report summarises the progress and achievements the PSCI have made in advancing responsible supply chain practices within the pharmaceutical and healthcare industries over the past year.
Key developments in 2020 include:
- Growth in membership, with over 45 member companies now committed to the initiative and having adopted the PSCI Principles
- A new three-year strategy adopted to deliver our refreshed vision for excellence in safety, environmental, and social outcomes across the whole of the global pharmaceutical and healthcare supply chain
- Pioneering remote audit standards aligned with the PSCI Principles, now available to members on our community platform The Link, alongside valuable resources, news, and training materials
- Strengthened partnerships with our Indian and Chinese partners, recognizing the importance of those countries for the pharmaceutical supply chain
- Unprecedented levels of supplier engagement through two large-scale virtual supplier conferences in China and India, reaching 700+ supplier delegates
- Expansion of our Board to support the delivery of our ambitious strategy
- Measured improvement in PSCI member companies’ contribution to and use of PSCI resources to address supply chain issues.
This guidance document was created and published by the Pharmaceutical Environment Group (PEG) and the Pharmaceutical Supply Chain Initiative (PSCI) in collaboration. Both groups are convened and organised by Carnstone.
The guidance offers a consistent way for pharmaceutical companies to calculate emissions in their upstream and downstream value chains. It provides methodologies consistent with recommendations from the GHG Protocol for calculating emissions which are tailored for each different category.