With corporate stances on issues like diversity and the environment under fire as “woke capitalism,” a survey by the Association of Corporate Citizenship Professionals says 65% of the r…
Kimberly Barker, front left, speaks about Benevity, a software company, to Kelly Shcellon, second from left, and other attendees during conference for the Association of Corporate Citizenship Professionals at the Four Seasons Hotel in Denver on Tuesday, Oct. 17, 2023.
And then there’s CSR: corporate social responsibility. Berkowitz, with the Association of Corporate Citizenship Professionals, said ESG uses investments to some extent and compliance with regulations to measure a company’s performance. Tony Holder is an associate professor in accounting at the University of Denver who researches companies’ metrics for meeting their environmental and social standards and how to measure the impacts. He said as a layman, he believes companies are rethinking their ESG programs and aren’t as willing to publicize them as in the past.
Julian Friedland, whose expertise includes business ethics and corporate social responsibility, advises executives to help corporate leaders develop social goals that fit with and complement the company’s products or services. “Companies who really want to engage in these ways with society have to take a step back in some ways, not a step back in the work, but a step back in the way they are communicating it or a step back in the way they are working with their leadership,” Berkowitz said.“People want to talk about more bread-and-butter issues. They want to see what the government is actually doing,” Friedland said. “You can only surf on cultural-wedge issues for so long before people start seeing through it.
Xcel works to recruit employees and corporate officials with different backgrounds and experiences. Prager said the company has several different employee groups to help people connect with others throughout the organization and grow in their jobs.
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