A new campaign to Rate the Raters: Global
Sustainabilty Ratings Initiative (GISR)
Our goal is to begin to put in place the foundation for a multi-year effort
to build a world-class sustainability ratings framework that is recognized
for its excellence, integrity and dynamism. It is our view that company
sustainability ratings is at a crossroads, and it is time to bring a
strong dose of independence, integrity and transparency to the field.
As the GISR develops, more information will be available here and through the the portals and websites of groups working directly to build a strong working force to stop "washing" from diluting the goals of socially responsible investors and hiding the truth about the unethical behavior of out of control corporations from their socially conscious consumer base.
The mission of the Strategic Corporate Initiative (SCI) project is to design, inspire, and direct a movement to transform the role of corporations in our society.
The problem this project is addressing is one that is familiar. Transnational corporations have become too dominant within our society. They exercise too much control over all levels of government, but especially our federal government. They have rapidly exploited sectors of our economy and society that should be preserved for “the common good” such as education, health, media, water, and forests. They’ve established free trade as the suit that trumps all others including human rights, labor, communities, and the environment. Unfortunately, efforts to redress this imbalance remain largely fragmented. Reform theorists are often disconnected from activists, who are generally disconnected from each other due to their specific issues.
This project has worked to define a roadmap that represents the convergent thinking of leading theorists and activists so that we might all engage in a better coordinated, long-term effort to redress the underlying causes of the myriad social and environmental problems that NGOs, foundations, and philanthropists attempt to solve - excessive corporate power and lack of accountability to all stakeholders.
You can learn more about CEI and its goals for the Strategic Corporate Initiative project from Michael Marx's presentation at the Summit on the Future of the Corporation:
For more information on corporate transformation, the strategic corporate initiative and the goals of CEI, listen to the following podcast from SeaChange (Corporate WatchDog Radio)