Posts Tagged ‘Ethical business’

It’s a Big, Small World

Tuesday, July 13th, 2010

YourVisitCalvertsJuly2010 002We just spent a hugely enjoyable afternoon with four South Korean colleagues, who came to Calverts to talk about the experience of setting up a co-operatively owned and managed business with an environmental and community benefit mission.

Lee Donghyun and Lee HyoJeong of the Recycling Federation of Social Solidarity Enterprise, and Ladeok Koo of the Korea Computer Refurbish Centre, were accompanied by Hyung Sik Eum, who is working with with the European worker co-op network, CECOP.

We were able to offer our guests some insights into the situation for worker co-operative startups in the UK, and found strong parallels between the UK and Korean context – particularly, difficulty with finding startup capital, a steep learning curve in terms of management skills among the co-op’s founder members,  and the prejudice of potential backers in favour of the company (rather than co-operative) model. Our guests were particularly interested in how we found strength in co-operation – the powerful formula of member ownership, member control and member benefit – to overcome those early problems.

The group was especially interested in Calverts environmental policy, practice and accreditations, including FSC and ISO 14001, and our efforts to find a sustainable and co-operative supply chain for recycled and FSC certified papers.

A  factory, studio and office tour were followed by Fair Trade coffee and chocolate biscuits, which melted in the heat and humidity of Calverts small south-facing meeting room.

The group has a hectic schedule of visits. Yesterday they went to a worker co-operative run community recycling scheme in Bristol, this morning they were at Paperback recycled paper co-operative, and tomorrow they fly to Brussels for more fact finding about European worker co-ops and environmental businesses.

Thanks to the four of you for your interest in what we do here at Calverts, and especially for the gift of three traditional Korean fans, which will be pressed into action immediately. We hope the rest of your tour is fruitful, and wish you every success.


Ethical Business Means Honest Answers

Tuesday, February 23rd, 2010

Today we heard that Calverts is among the first 20 fully accredited companies in the SEE (Social, Environmental and Ethical Transparency) programme.

SEE-logo

SEE is a labelling scheme and social business movement that aims to change the world for good. To display the SEE logo, businesses must be transparent and accountable. We underwent a comprehensive evaluation of Calverts performance, and you can read, respond and rate our answers to thirty five questions covering Community impacts, Corporate Governance, Donations and Payments, the Environment, Human Rights, Marketplace Ethics and Workforce standards on the SEE website.

We first got interested in the SEE concept four years ago, when we heard its indefatigable founder, Michael Solomons, pitch the idea to an audience of investors, business academics and students at the Cass Business School. They didn’t get the concept, but we certainly did. SEE is a measure of transparency and honesty, enabling clients and the public to make truly informed purchasing decisions. We saw straight away how it could be the antidote to all those mystifying environmental management and accountability labels – EMAS, AA2000, Investors in People and so on – and at the same time allow us to develop authentic management tools, share best practice and benchmark ourselves against similiar organisations. If you’re interested to know how we answered questions ranging from how much corporation tax we paid last year, to our policy on carbon offsetting, to our practice on employee consultation or promoting diversity, click here.

If you’d like to know more about the kind of work – and how much – Calverts had to do to become SEE accredited, please get in touch.