MANILA, Philippines ⁘ Do multinational companies engage in sustainability programs solely due to business requirements? Do these activities have any real association with or effect on sustainable development (SD)? Can they effectively reduce the impact of global warming and climate change?
They can, according to two studies published in the Corporate Social Responsibility and Environmental Management journal late last year.
The study, Navigating industrial performance: Impact of corporate social responsibility on sustainable development with moderation of reverse supply chain management established the beneficial relationships between CSR and SD. It highlighted how various CSR dimensions contribute to sustainable development.
Meanwhile, the study C orporate social responsibility and climate change mitigation: Discovering the interaction role of green audit and sustainability committee revealed that ⁘sustainability committees significantly strengthen the nexus between corporate social responsibility investments and effective climate change mitigation strategies, while green audits enhance firm capabilities to navigate climate policy uncertainties.⁘ It examined 451 US-based firms over the period 2012 to 2023.
Across industries, companies are integrating sustainability into their core operations, hoping that responsible business practices can drive positive environmental and social impact⁘all while strengthening brand loyalty.
Globally, Unilever aims to achieve net-zero emissions across its entire value chain by 2039, reinforcing its dedication to carbon reduction and leadership in sustainable business.
In particular, Domex, Breeze and Surf are raising the bar by creating programs that resonate with both their brand purpose and consumer needs. But what makes their approach effective?
Rondell Torres, Unilever⁘s Philippines and Greater Asia Sustainability lead, traces the company⁘s sustainability journey through three distinct eras.
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