Supporting with our purchasing

Published on by in Business

As a consumer, I would like to understand what reliable resources there are for understanding the strength of corporate accountability within global corporations for environmental practices within their supply chains in China. 

It's too difficult to read the investor web sites for Walmart, Nike and the like. 

Is there a reliable source on the internet to give us an environmental "scorecard" and help us vote for change with our wallets?

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2 Answers

  1. don't bother

    Most green purchasing schemes are rubbish:

    1) They rarely know what's really going on

    2) There's possible fraud

    3) It's difficult to measure "green" in a company.

    I suggest establishing a relationship with a company you like, with people you like.

    Oh, and buy less stuff :)

  2. CSR ranking

    Good question. The term generally applied is CSR or corporate social responsibility. I am not an expert in this field although there certainly are many who claim to be. Most of the studies are independent and there is much discussion about standards of reporting and process. Some are merely based on public opinion polls.

    We will put the word out and present resources to you that provide insight as we receive them.

    Here are a few links:

    http://www.forbes.com/2009/03/05/best-corporate-citizens-leadership-citizenship-ranking.html

    http://business.timesonline.co.uk/tol/business/career_and_jobs/best_100_companies/best_100_tables/

    http://www.kirchhoff-consult.com/fileadmin/20_Downloads/52_Studien/090424_Good-Company-Ranking_EN.pdf

    for Canada: http://www2.macleans.ca/2009/06/18/jantzi-macleans-50-most-socially-responsible-corporations