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Inside Beautycounter’s quest to transform its mica supply chain

GreenBiz

What’s been less chronicled is the arduous journey companies go through to clean up their mica supply chain, including the often-grueling work it takes to trace the mineral from its source all the way to products, then make the necessary changes to ensure it meets a company’s ethical and performance standards. On the ground.

Ethics 404
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AI doesn’t have to be a power hog

GreenBiz

The flip side to this rosy view is that there are plenty of ethical concerns to consider. There is concern that Moore’s Law , the idea that the number of transistors on integrated circuit will double every two years, is slowing down. Although progress is being made, he reiterated that warning last week.

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The Business Roundtable’s statement of purpose, one year on

GreenBiz

Moreover, under the laws of the state of Delaware, where 60 percent of Fortune 500 companies (and many smaller ones, including GreenBiz Group) are registered, corporate directors still have a fiduciary duty to act in the best interests of shareholders. But their 2019 statement is unlikely to lead us in that direction.

Politics 316
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FirstEnergy CEO Defends Utility Amid Bribery Scandal Questions

GreenTechMedia

Jones opened Friday’s call by stating that “at no time does our support for nuclear plants in Ohio interfere or supersede our ethical obligations to conduct our business properly. The affidavit filed by the U.S. Friday’s earnings report yielded no discernible uptick, with shares trading at about $29 as of mid-Monday trading.

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Texas Oil Regulators Profit from the Companies They Oversee

DeSmogBlog

Vague ethics laws, lack of enforcement, and a campaign finance system soaked in fossil fuel cash all combine to make the Texas Railroad Commission a “captive agency,” argue Commission Shift and Texans for Public Justice, two watchdog groups, in their new report. The laws are vaguely defined and that is being exploited.”.

Ethics 98
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Dying oil companies’ parting gift: millions in cleanup costs

Grist

When Weatherly Oil and Gas filed for bankruptcy in February 2019, the company was walking away from several hundred Texas wells. The volatility of the oil market hasn’t helped: Price fluctuations and a long-term market slump caused a spike in bankruptcies in 2019, and sagging demand due to the pandemic accelerated the pace.

Ethics 145
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Corporate Social Responsibility and Sustainability: What’s the Difference?

Green Business Bureau

In 2019, the Governance Accountability Institute (G&A) announced that 90% of large companies (S&P 500 Index) published sustainability and responsibility reports. Both corporate sustainability and CSR help companies run in a way that allows them to be ethically profitable, but never at the expense of others. The benefits of CSR.