Tag Archive for 'Corporate social responsability'

Sustainability and Social Media : Is It A Natural? - Take 2

In May 2008, Intelegia examined the Dow Jones Sustainability Index - 10 Supersectors Leaders in terms of the use of blogs in their approach to corporate social responsibility (CSR) and sustainable development (SD).    After conducting a thorough examination of the websites of the companies listed in the index, Intelegia discovered that Intel had a full compliment of Web 2.0 tools (i.e., blogs, podcasts, videocasts) and Web 1.0 applications (i.e., newsletter and news alerts) to deal with social responsibility issues.

With the acceptance of online social networks as viable communication tools during the past year, Intelegia decided to conduct the same exercise with the Dow Jones Sustainability Index (2008 / 2009).  The image below is the scorecard that was used to evaluate the company’s websites. (Please click on the image to few a full scale version of the table.)

DJI Sustainability Index and Social Media

Source: E&B DATA / Intelegia

Please Note: Only online social networks that are mentioned on the company’s website are considered.

Findings from the study include:

  • Of the 18 companies in the index, only two companies do not have a section of their corporation website discussing corporate social responsibility or sustainability development. Itausa-Investimentos Itau and TNT N.V.
  • Intel still leads the way in terms of adopting Web 2.0 applications when it is comes to promoting their dedication to corporate social responsibility.  This is seen through Intel’s official Facebook Fan page for their Inspired by Education project.  Although not located in their CSR section, the company has a channel on YouTube titled, Channel Intel.  It would not be a big shock if Intel creates a channel specifically for CSR content in the near future.
  • adidas AG does not offer much in terms of Web 2.0 tools when it comes to CSR or SD however; looking at their products website is a different story.  adidas.com offers an array of Web 2.0 tools such as podcasts
  • Eni, an integrated energy has a collection of videocasts discussing their various sustainability initiatives.
  • Air France-KLM in the airline industry does not have a presence on Web 2.0 which is surprising.  For a company that should be engaging with  clients, Air France-KLM must begin an effort to use social media tools.

With the power of the Web 2.0 or social media offer to connect with other, it is interesting to see who will be quickly adopting applications and who will be conducting “business as usual” over the next 12 months.

Sustainability and Social Media : Is it a natural?

Ten years from now, the Web 2.0 era will be seen as the turning point of our communication culture and collective intelligence paradigms. Business development and growth built upon collaboration, partnership, transparency and interaction will be seen as the buzzwords that best describes the decade.

This blog questions the willingness of actual industry leaders to embrace the 2.0 culture to look at corporate social responsibility and sustainable development in a different way.

Dow Jones Sustainable Index 2007 and web 2.0

Intel is the only company of these top leaders that has a CSR blog and demonstrates that CSR or SD engagements can be discussed and can evolve within a Web 2.0 culture.

Some might think that discussing about environmental externalities and community wealth is easier for an IT player than it is for a natural resource or heavy industrial player. Other might think that it is just a question of time.

Countries that can guarantee energy availability, political stability and access to natural resources are magnets for capital investments and growth. However, communities won’t keep quiet if they believe it’s not worth it. Blogs and social networks tools are the new natural channels to discuss openly about externalities linked to industrial and economic development. Ten years ago, discussion groups were often the blind spots for large corporations. Blogs have replaced them. An example of this new reality is how LNG (Liquefied natural gas) terminal projects can be challenged by stakeholders and how blogs are platforms to voice their preoccupation. The Tara Foundation uses its blog to bring local concerns to the public domain.

“Residents fear Kerry LNG gas terminal will threaten their homes”
Up to 50 people living directly adjacent to the landbank between Tarbert and Ballylongford came together at a public meeting in Tarbert on Thursday night, where they presented their issues to two representatives of the Shannon LNG company, which is behind the proposed gas terminal.

It is expected that a residents group in Tarbert, Count Kerry, will lodge a detailed objection to An Bord Pleanála outlining their fears over the proposed LNG terminal. If their objections are upheld and plannning permisison is refused, it could sound the death knell for the multi-million euro project that is expected to create 650 jobs during construction and 50 jobs when the plant is up and running

Could industry leaders, assessing risk and forgetting to take into consideration community’s and stakeholders’ capabilities to team up virtually to discuss and evaluate their value proposition be at risk?