Townhall.com, Where Your Opinion Counts
Talk Radio:   Bill Bennett   Mike Gallagher   Dennis Prager   Michael Medved   Hugh Hewitt   
BREAKING NEWS  LeftArrow - Townhall.com : Conservative, Political, Republican   RightArrow - Townhall.com : Conservative, Political, Republican  
Columns, funnies & more in your inbox!
  • Check the boxes and send us your email address to receveive your free newsletter
  • Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
  • Townhall.com’s weekly inside scoop on what’s happening behind the scenes in the world of politics. When news breaks, we report.
  • Signup to receive the latest daily Townhall cartoons
Saturday, August 19, 2006
Tom Borelli :: Townhall.com Columnist
Club CSR
by Tom Borelli
Vote on It:
Average Vote:
[+] Text [-]
 
 
Poll
What was the biggest suprise of Election Day?



In Ann Coulter’s latest best selling book, Godless: The Church of Liberalism, she notes that individuals who have suffered personal tragedy are shielded from criticism. Notwithstanding the controversy over the “The Jersey Girls”, her astute observation of special immunity rings true not only for these proponents of liberal dogma but also for CEOs who are disciples of corporate social responsibility (CSR). In this instance, the Left welcomes these converts from capitalism with open arms - as long as they promote the social activist agenda.

CEOs of some of the largest companies have become the biggest advocates for expanding the responsibility of business beyond financial performance to include social and environmental goals. With the public outraged over executive compensation, and high profile cases of corporate fraud, CSR is an insurance policy for image-sensitive CEOs.

By paying an ideological and financial cover charge to social and environmental causes, CEOs gain admittance to Club CSR and enjoy a host of membership privileges. One major club benefit is protection from advocacy actions such as protests and boycotts wielded by anti-business activists.

Membership requires the creation of a public relations campaign or business strategy that serves the CSR agenda. By feeding into politically correct themes, these campaigns frequently distract the media and shareholders from failed business practices and poor stock performance. Being viewed as socially responsible buys great latitude for struggling CEOs. No longer considered selfish capitalists, these CEOs can finally gain access to elite social circles.

Global warming, the Holy Grail of CSR topics, provides the greatest cover for a distressed CEO. For example, under the leadership of John Browne, the giant energy company BP has enjoyed a free ride from activist attacks because of the company’s aggressive advertising campaign promoting global warming concerns, carbon footprints and alternative energy.

Meanwhile, BP’s record includes a deadly explosion at one of its refineries and a major oil pipeline leak in Alaska. Because of these incidents, the company is under investigation by an alphabet soup of federal and state agencies – EPA, OSHA, and DOJ – for possible law violations. More recently, the company has been accused of illegally controlling propane prices, which drove up cooking and heating costs for consumers – many of them poor.

Even though the company is responsible for the tragic loss of life, polluting the environment and potentially ripping off poor consumers, there is a deafening silence of criticism from social and environmental activists.

Instead, BP is heralded as an environmental leader for its position on climate change. For example, BP received the top score in a ranking of 100 Global Companies on Climate Change Strategies last March by CERES – a coaliton of organizations that are working to advance environmental stewardship by businesses. Continued...

1 2
| Full Article & Comments | Next >
Share:
Vote on It:
Average Vote:
 
About The Author

Thomas J. Borelli, PhD. is the editor of FreeEnterpriser.com and Director of the Free Enterprise Project at the National Center for Public Policy Research.

Be the first to read Tom Borelli's column. Sign up today and receive Townhall.com delivered each morning to your inbox. Sign up today!

SORRY--MISSPELLED THE LINK ABOVE. AARG!

Found a good CSR Site
I too had to catch-up with Tom and his thought about CSR -- BTW: turns out to be Corporate Social Responsibility. Tom's excellent BP commentary is an example of a much larger problem. It is not only environment, global warming, etc., but rather an idelistic movement that has caused corporations to lose focus on their core business. There is a pretty good site that connects the effects of CSR on businesses. They seem to cover BP, GE, Goldman, and others. It's also a good source for news about these companies: http://www.freenterpriser.com.
Sign Up to Post Your CommentsSign Up to Post Your Comments
If you are already registered, click here to login. Otherwise, please take a few seconds to register with Townhall.com. Once you sign up, you’ll be able to post your comments immediately, use the action center, get podcasts, and more!
Note: Fields marked with a red asterisk (*) are required.
Salutation:
First Name:
*
Last Name:
*
Email:
*
Nickname:
*
Note: Nick name will be shown when you post comments.
Address 1:
*
Address 2:
City:
*
State:
*
Zip:
*
Phone:
      
Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
(Bi-Weekly) We highlight the best opportunities from our partners for surveys, action items and more.