11/21/2006

NEWS SUMMARY: 11/13-11/20

Last week, in CSR news:

Perhaps because the buying season precedes the giving season, everyone seems to be writing about consumer habits – first, an extensive report by the World Wildlife Foundation (“Let Them Eat Cake”) proclaims a new surge of interest in responsible brands. Then the New York Times discusses how retailers are tying an increasing variety of products (“Candles, Jeans and Lipstick,” 11/13/06) to social marketing campaigns, and donating a share of product profits to charity. Looking at how consumers say they intend to spend their money, Boston-based Cone Communications finds that “Holiday Shoppers Want Businesses to Help Them Do Good” (SocialFunds.com, 11/13/06).

Grocery-store purchases are showing a trend toward ethical consumerism, as “PepsiCo Launches Products at Whole Foods” (Associated Press, 11/13/06) to reach consumers interested in health and organics, and Fair Trade is launching Oké Banana in the US, so American consumers can now buy “A Banana That Makes You Feel Oké” (Press Release by Oké USA, 11/14/06)

The past week has also seen a couple of articles with interesting critiques of the CSR field. In particular, a New York Times piece questions the effectiveness of a field that has become a “safe space” for businesses rather than a vehicle for fundamental change to the system in which they operate (“The Paradoxes of Business as Do-Gooders,” 11/11/06). The second proclaims that the CSR movement is a political tool of the Progressive Left, and has become a bigger threat since the recent elections – making the business sector a “trojan horse” through which to implement policies that voters rejected at the ballot box (see “CSR and the Democratic Takeover,” Townhall.com 11/17/06).

Finally, the trend toward hybrid models of business and philanthropy is getting noticed, in particular through an in-depth article in the New York Times called “What’s Wrong with Profit?” (11/13/06); the Wall Street Journal covers a case in point – a bank that invests in ventures that aid the environment (see “Business Technology: New Resource Bank…” 11/14/06) .

0 Comments:

Post a Comment

<< Home