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Berkshire Hathaway is a huge conglomerate, and because of the way Warren Buffett manages it as an informal network of companies, Berkshire has found itself on both sides of the Socially Responsible Investing spectrum.

This is an excerpt from the book, “Berkshire Beyond Buffett: The Enduring Value of Values”. The whole thing is a good read if you own (or are thinking about owning) Berkshire Hathaway.


Berkshire Hathaway’s Citizenship: Culture, Scale and the Future (Triple Pundit)
http://www.triplepundit.com/2014/12/berkshire-hathaways-citi...

The companies owned by Berkshire Hathaway, the huge conglomerate that Warren Buffett built, follow their leader in embracing corporate social responsibility, stewardship and sustainability. But the breadth and scale of the sprawling conglomerate can hide both the commitments and periodic problems. [...]

While Berkshire has won plaudits for good corporate citizenship, critics complain about the absence of conglomerate-wide reporting on items such as social responsibility and sustainability. Many Berkshire subsidiaries — including Brooks, Johns Manville, Lubrizol and Shaw — are in the vanguard of such corporate stewardship. They join elite global companies in the practice of issuing formal responsibility and sustainability statements and audited reports on the corporate treatment of stakeholders, especially employees at home and abroad, and of the environment.



Mike
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