Corporate Responsibility Report 2019
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RSPO Letterhead
EB 02-08 Minutes of Executive Board Meeting Date : 27 May 2008 Venue : Teleconference Start time : 0800 (UK), 0900 (Nl), 1400 (Ina), 1500(My) Attendees: Apologies: 1. Derom Bangun ( GAPKI) 2. Paul Norton (HSBC Malaysia) 1. Johann Zueblin (Migros) 3. Ian McIntosh (AAK) 2. Tim Stephenson ( AAK) 4. Christophe Liebon (Intertek) 3. Simon Lord ( Kulim Malaysia Bhd 5. Don Grubba ( IOI) ) 6. Johan Verburg (Oxfam) 4. Tony Lass ( Cadbury 7. Jan Kees Vis ( Unilever) – Chair Schweppes) 8. Chew Jit Seng (MPOA) 5. Fitrian Adrianshah (WWF- 9. Mamat Salleh (MPOA) Indonesia) 10.MR Chandran (RSPO EB Advisor) 6. Matthias Diemer ( WWF – 11.Thomas Barano ( WWF- Indonesia) Switzerland) 12.Robert Keller ( MIGROS) 7. Mohd Nor Kailany ( Felda) 13.Rudy Lumuru ( Sawit Watch) 8. Samantha Lacey ( CIS) 14.Chong Wei Kwang ( HSBC Malaysia) 9. Darrel Webber ( WWF- Malaysia) 15.Vengeta Rao (VR, Secretariat) 10.Didiek Hajar Gunadi (GAPKI) 16.Desi Kusumadewi ( RILO) AGENDA 1. Introduction and RSPO Antitrust laws 2. Confirmation of minutes of EB 01-08 3. Secretariat 3.1 Accounts & finances 3.1.1 Update on RSPO Accounts to end March 2008 3.1.2 Update on RSPO Sdn Bhd Accounts to end March 2008 3.2 Secretariat updates 3.2.1 Update from Secretary General including RILO matters 4. Membership 4.1 Outstanding/defaulting RSPO Members 4.2 Grievances 4.3 Outstanding Membership applications 4.4 Revised membership application procedures and flowchart 5. Executive Board matters 5.1 Welcome New Members / Alternates / Changes 5.2 EB Retailers seat 5.3 Approval of Ina – NI 5.4 Approval of CBs – PT Mutu Agung (Ina), PT TUV Nord (Ina) 5.5 RT6 theme, delegates fees, exhibition rentals and sponsorships 5.6 RSPO FAQ on C7.3 – cut off date 6. -
Taming the Corporate Beast
This essay was submitted as part of TNI's call for papers for its State of Power 2015 report. The essay was not shortlisted for the final report and therefore TNI does not take responsibility for its contents. However the Editorial Board appreciated the essay and it is posted here as recommended reading. Taming the Corporate Beast An earlier version of this article was published by Dollars and Sense in its July and November 2014 issues. Marianne Hill, Ph.D. The litany of economic disasters in national headlines changes regularly, but a recurring theme is the role of transnational corporations (TNCs) in creating or exacerbating each new calamity. After the 2008 financial crisis, the near nuclear meltdown at Fukushima, the massive BP oil spill, and more, there is global awareness of the dire consequences of tolerating corporate misbehavior and greed. Despite their rhetoric, the priorities of TNCs are fundamentally at odds with the basic social goal of enhancing human freedoms and well-being. It can no longer be denied that the institutional framework regulating global giants requires a thorough transformation. Such a restructuring of our major institutions depends on the liberating knowledge that is being developed through the collective work of agents of change. In this article, I focus on efforts to bring structural changes to corporations that would bring new standpoints to corporate decision- making bodies and, in this way, change the values and control of corporates. I begin with a look at current soul-searching in the business community and efforts that have, at best, beautified the corporate beast. -
Social Enterprises: Examining Accountability for Social and Financial Performance
SOCIAL ENTERPRISES: EXAMINING ACCOUNTABILITY FOR SOCIAL AND FINANCIAL PERFORMANCE Gloria Astrid Guraieb Izaguirre B.A. Financial Management Principal supervisor: Associate Professor Belinda Luke Associate supervisor: Dr Craig Furneaux Submitted in partial fulfilment of the requirements for the degree of Master of Business (Research) School of Accountancy QUT Business School Queensland University of Technology December 2015 Keywords Accountability, social enterprise, financial, social, performance, non-profit, third sector, Australia Social enterprises: Examining accountability for social and financial performance i Abstract This study explores the accountability of social enterprises with respect to their dual objectives of social and financial performance. During the last two decades, social enterprises have been subject to increasing public attention and research. This interest derives from the potential role of social enterprises to pursue a social mission through a self-funding commercial business model, rather than relying on philanthropy to survive. However, there is little research exploring how social enterprises exercise their accountability for both social and financial performance. Given that social enterprises seek to balance dual objectives, maintaining financial sustainability for long-term survival while also fulfilling their social mission, it is important to examine how these organisations balance accountability for these potentially conflicting goals. There is limited literature on social enterprise accountability, however, as third sector organisations, literature on accountability of non-profit organisations is a useful point of reference. In the context of non-profit organisations, concerns of mission drift and prioritising accountability to donors (as a main funding source) have been raised, where financial objectives may inadvertently override social objectives. Given the social and financial objectives of social enterprises, these issues are also relevant to their accountability. -
A History of Mail Classification and Its Underlying Policies and Purposes
A HISTORY OF MAIL CLASSIFICATION AND ITS UNDERLYING POLICIES AND PURPOSES Richard B. Kielbowicz AssociateProfessor School of Commuoications, Ds-40 University of Washington Seattle, WA 98195 (206) 543-2660 &pared For the Postal Rate Commission’s Mail ReclassificationProceeding, MC95-1. July 17. 1995 -- /- CONTENTS 1. Introduction . ._. ._.__. _. _, __. _. 1 2. Rate Classesin Colonial America and the Early Republic (1690-1840) ............................................... 5 The Colonial Mail ................................................................... 5 The First Postal Services .................................................... 5 Newspapers’ Mail Status .................................................... 7 Postal Policy Under the Articles of Confederation .............................. 8 Postal Policy and Practice in the Early Republic ................................ 9 Letters and Packets .......................................................... 10 Policy Toward Newspapers ................................................ 11 Recognizing Magazines .................................................... 12 Books in the Mail ........................................................... 17 3. Toward a Classitication Scheme(1840-1870) .................................. 19 Postal Reform Act of 1845 ........................................................ 19 Letters and the First Class, l&IO-l&?70 .............................. ............ 19 Periodicals and the Second Class ................................................ 21 Business -
Annual Report 2012
BRINGING How we have performed KNOWLEDGE FIN ANCIAL HIGHLIGHTS • Record adjusted diluted EPS up 7.7% to 40.7p (2011: 37.8p), ahead of market expectations TO LIFE • Full year dividend increased by 10.1% – second interim dividend of 12.5p giving a total 2012 dividend of 18.5p (2011: 16.8p) Businesses, professionals and • Revenue broadly flat despite Robbins Gioia and European academics worldwide turn to Informa Conference disposals – £1.23bn (2011: £1.28bn) for unparalleled knowledge, up-to- • Adjusted operating profit up 4.0% to £349.7m the minute information and highly (2011: £336.2m); organic growth of 2.8% specialist skills and services. • Record adjusted operating margin of 28.4% (2011: 26.4%) Our ability to deliver high quality • Adjusted profit before tax of £317.4m up 7.3% (2011: £295.9m) knowledge and services through • Statutory profit after tax of £90.7m (2011: £74.3m) multiple channels, in dynamic and rapidly changing environments, • Strong cash generation – operating cash flow up 5.7% to £329.0m (2011: £311.2m) makes our offer unique and • Balance sheet strength maintained – net debt/EBITDA extremely valuable to individuals ratio of 2.1 times (2011: 2.1 times) and organisations. OPEAI R T ONAL HIGHLIGHTS • Proactive portfolio management drives significant Annual Report & Financial Statements for the year ended December 31 2012 improvement in the quality of Group earnings • Total product rationalisation reduced Group revenue by 2% • Investment in new products, geo-cloning and platform development • Acquisition of MMPI and Zephyr -
Intertek Annual Report 2008
FC1 Intertek Group plc Annual Report 2008 Report Annual Bringing competitive advantage to business Annual Report 2008 IFC2 Contents 01 Financial Highlights 02 At a Glance 04 Chairman’s Statement Directors’ Report – Business Review 06 Chief Executive Officer’s Review 09 Operating Review 23 Chief Operating Officer’s Review 24 Financial Review 28 Risks and Uncertainties Directors’ Report – Governance 32 Board of Directors 34 Intertek Operations Committee 36 Corporate Governance Report 42 Remuneration Report 56 Other Statutory Information 58 Statement of Directors’ Responsibilities 59 Corporate Social Responsibility Report Financial Statements 66 Independent Auditors’ Report 68 Consolidated Income Statement 69 Consolidated Balance Sheet 70 Consolidated Statement of Cash Flows 71 Consolidated Statement of Recognised Income and Expense 72 Notes to the Financial Statements 112 Intertek Group plc Company Balance Sheet 113 Notes to the Company Financial Statements Shareholder Information 116 Corporate and Shareholder Information 117 Financial Calendar and Contact Information Cautionary statement This Annual Report contains certain forward- looking statements with respect to the financial condition, results, operations and business of Intertek Group plc. These statements and forecasts involve risk and uncertainty because they relate to events and depend upon circumstances that will occur in the future. There are a number of factors that could cause actual results or developments to differ materially from those expressed or implied by these forward-looking -
RELX Group Teach-In
RELX Group Teach-In Thursday, 9th November 2017 RELX Group Teach-In Thursday, 9th November 2017 Welcome Colin Tennant Head of Investor Relations, RELX Group Opening remarks My name is Colin Tennant. I am the Head of Investor Relations at RELX Group. I have three things to do today. First is to welcome everybody. So, welcome, everybody. Second is just a little bit of housekeeping. If the fire alarm does go off during this presentation, you'll be leaving the way you came in. There will be people with fluorescent jackets to help you find the exit. Hopefully, that won't happen. And the final thing I need to do is to introduce the host for today's presentation, Chet Burchett, the Chief Executive of Reed Exhibitions, who is going to lead you through all we are going to cover for today. So, Chet over to you. Overview of Reed Exhibitions Chet Burchett Chief Executive Officer, Reed Exhibitions My Background Thank you, Colin. Good afternoon. As Colin notes, I am, indeed, Chet Burchett. I have been Chief Executive for Reed Exhibitions since 2015. I have been with the company for almost 14 years. I joined in February 2004 as President of North America. I came over from Burson-Marsteller, one of the WPP's global public relations agencies, where I had been serving as Chief Executive for their US business. Then, my role expanded for Reed to President of the Americas when I took on responsibility for our South American business which, at the time, was a small operation in Argentina and a few shows in Brazil. -
RELX Group Annual Reports and Financial Statements 2015
Annual Reports and Financial Statements 2015 Annual Reports and Financial Statements 2015 RELX Group is a world-leading provider of information and analytics for professional and business customers across industries. We help scientists make new discoveries, lawyers win cases, doctors save lives and insurance companies offer customers lower prices. We save taxpayers and consumers money by preventing fraud and help executives forge commercial relationships with their clients. In short, we enable our customers to make better decisions, get better results and be more productive. RELX PLC is a London listed holding company which owns 52.9 percent of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1 percent of RELX Group. Forward-looking statements The Reports and Financial Statements 2015 contain forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended. These statements are subject to a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those currently being anticipated. The terms “estimate”, “project”, “plan”, “intend”, “expect”, “should be”, “will be”, “believe”, “trends” and similar expressions identify forward-looking statements. Factors which may cause future outcomes to differ from those foreseen in forward-looking statements include, but are not limited to competitive factors in the industries in which the Group operates; demand for the Group’s products and services; exchange rate fluctuations; general economic and business conditions; legislative, fiscal, tax and regulatory developments and political risks; the availability of third-party content and data; breaches of our data security systems and interruptions in our information technology systems; changes in law and legal interpretations affecting the Group’s intellectual property rights and other risks referenced from time to time in the filings of the Group with the US Securities and Exchange Commission. -
Beijing Hits Back After US Treasury Labels China a Currency Manipulator
BUSINESS WITH PERSONALITY HEARTBREAK BLAST FROM THE PAST HOTEL WHEN A NEW SUPERCHARGED HOLIDAYS GO £90K CLASSIC MINI P18 WRONG P17 WEDNESDAY 7 AUGUST 2019 ISSUE 3,430 CITYAM.COM FREE CRYIN’ KING Disney investors GOVE POINTS tearful despite box office success THE FINGER CATHERINEAT NEILAN BRUSSELSthe backing of the Commons. ratification of the withdrawal agree- “We can’t have a deal that doesn’t ment, or further extension or revoca- @CatNeilan command the confidence of the gov- tion of Article 50... [I am] certainly not THE UK has accused the EU of refusing ernment, the parliament and the fatalistic about that. to budge on Brexit negotiations and in- country and that is why we have been “Our position is that the withdrawal sisted the bloc “must change its clear with the European Union that agreement, including the backstop is stance” if a no-deal exit is to be dodged. we need a new approach,” he closed, but there is always room for Ireland’s Leo Varadkar yesterday responded. talks and negotiations. We have said said he was confident a no-deal Brexit “We stand ready to engage with the we can certainly make changes to the could still be avoided, despite EU to negotiate in good faith… political declaration, and we have Prime Minister Boris Johnson We will put all our energy demonstrated before to offer clarifica- stressing the UK will leave into making sure we can tions as we did at the request of Prime the European Union “do secure that good deal. Minister May in the past.” or die”, come 31 Octo- “At the moment it’s Yesterday the pound hit its lowest ber. -
Introduction to Ascential Our Investment Case
INTRODUCTION TO ASCENTIAL OUR INVESTMENT CASE Clear long-term vision. Helping leading global brands connect with their customers in a data-driven world. Structural growth. Demand for information, data & analytics driven by growth of digital commerce. Market leaders. We are leaders, with a unique blend of specialisms, in the high growth areas in which we operate. Robust business model. High recurring and repeat revenue, with more than 50% revenues from digital subscription and platforms, across diverse global customer base. Attractive financial profile. Track record of high single digit revenue growth, strong margins and cash generation, supported by sound capital allocation. Introduction to Ascential 2 OUR CUSTOMER PROPOSITION Our information products and platforms support our customers to do three simple things… CREATE THE RIGHT MAXIMISE THE OPTIMISE DIGITAL PRODUCTS BRAND MARKETING COMMERCE IMPACT Know which products Know how to get Know how to execute the consumer wants maximum creativity with with excellence on the tomorrow. optimised media. winning platforms. 1. 2. 3. Introduction to Ascential 3 SEGMENTAL OVERVIEW –2019 Segment Revenue % Revenue1 Growth1 EBITDA2 Margin Business Model Advisory 10% Digital Subscriptions Product £86m 21% +8% £36m 42% & Platforms 90% Design Digital Subscriptions Advisory & Platforms 11% Marketing £136m 32% +9% £51m 37% 37% Events 52% Advisory 6% Digital Subscriptions & Sales - Platforms 94% Digital £90m 22% +21% £13m 15% Commerce Sales - Digital Subscriptions & Events Platforms 4% Non Digital £68m 16% -
From Corporate Responsibility to Corporate Accountability
Hastings Business Law Journal Volume 16 Number 1 Winter 2020 Article 3 Winter 2020 From Corporate Responsibility to Corporate Accountability Min Yan Daoning Zhang Follow this and additional works at: https://repository.uchastings.edu/hastings_business_law_journal Part of the Business Organizations Law Commons Recommended Citation Min Yan and Daoning Zhang, From Corporate Responsibility to Corporate Accountability, 16 Hastings Bus. L.J. 43 (2020). Available at: https://repository.uchastings.edu/hastings_business_law_journal/vol16/iss1/3 This Article is brought to you for free and open access by the Law Journals at UC Hastings Scholarship Repository. It has been accepted for inclusion in Hastings Business Law Journal by an authorized editor of UC Hastings Scholarship Repository. For more information, please contact [email protected]. 2 - YAN _ZHANG - V9 - KC - 10.27.19.DOCX (DO NOT DELETE) 11/15/2019 11:11 AM From Corporate Responsibility to Corporate Accountability Min Yan* and Daoning Zhang** I. INTRODUCTION The concept of corporate responsibility or corporate social responsibility (“CSR”) keeps evolving since it appeared. The emphasis was first placed on business people’s social conscience rather than on the company itself, which was well reflected by Howard Bowen’s landmark book, Social Responsibilities of the Businessman.1 Then CSR was defined as responsibilities to society, which extends beyond economic and legal obligations by corporations.2 Since then, corporate responsibility is thought to begin where the law ends. 3 In other words, the concept of social responsibility largely excludes legal obedience from the concept of social responsibility. An analysis of 37 of the most used definitions of CSR also shows “voluntary” as one of the most common dimensions.4 Put differently, corporate responsibility reflects the belief that corporations have duties beyond generating profits for their shareholders. -
Corporate Governance and Responsibility Foundations of Market Integrity
CORPORATE GOVERNANCE Spotlight OECD principles Corporate governance and responsibility Foundations of market integrity Bill Witherell, Head, OECD Directorate for Financial, Fiscal and Enterprise Affairs © Getty Images Good governance goes he recent spate of US corporate investment assessments followed by a sharp beyond common sense. It is failures and breakdowns in truthful market correction that spelt the end for a key part of the contract Taccounting has undermined people’s thousands of high-tech wannabes. Still, it is faith in financial reporting, corporate difficult to disentangle the negative effects that underpins economic leadership, and the integrity of markets the these two parallel developments have had on growth in a market economy world over. The fact that the wave of the confidence of investors. scandals has come hot on the heels of a and public faith in that collapse in the high-tech bubble has a sharp With the bursting of the high-tech bubble, system. The OECD ironic flavour. Both events have their roots in share values were written down and venture Principles of Corporate the heady days of stock market exuberance, capitalists took a bruising, as did many when anything was possible, from creating shareholders. That is the downside of Governance and Guidelines multibillion dollar companies with little committing resources to investments with a for Multinational more than an idea, an investment angel and high risk/high reward profile. But in the cases Enterprises are two a lot of faith, to believing that markets would of corporate misbehaviour, the public, buy any yarn a group of fast-talking employees and pensioners were deliberately essential instruments for executives could spin, even if to cover up misled.