Business Impacts

  • Danish Pension Fund Blacklists Companies over Israel Ties

    December 22, 2015

    PFA Pension - the largest commercial pension fund in Denmark - has announced that it has added the company HeidelbergCement to its investment "exclusion list," along with other companies operating in territories containing Israeli settlements, due to the company's operation of a quarry in the disputed West Bank.

  • Financial Companies Agree to "Portfolio Decarbonization"

    December 22, 2015

    The UN Environment Programme ("UNEP") has announced the addition of financial institutions from the UK, the Netherlands, and France to its "Portfolio Decarbonization Coalition," which seeks to pressure investors to remove funding from companies that UNEP argues contribute to climate change.

  • NGO Seeks Investor Pressure on Companies over Trafficking

    December 22, 2015

    Acknowledging the "unprecedented scrutiny" British corporations are facing following the passage of a UK law requiring companies to report on their efforts to rid their supply chains of forced labor, nongovernmental organization Finance Against Trafficking has released a report guiding investors on how to pressure companies to perform extensive supply-chain due diligence in this area.

  • Report Finds Forced Labor in Nestle Supply Chain

    December 16, 2015

    As activist and government pressure on businesses to identify and address human-rights and environmental problems in their often-complex supply chains ramps up, a report commissioned by Nestle has found that portions of the food company's supply chain in Thailand uses forced labor.

  • Reuters: Investors Resist Adherence to ESG Agenda

    December 02, 2015

    Reuters reports that investors, while signing up for environmental, social, and governance ("ESG") principles such as the UN-backed Principles for Responsible Investment, have shown "a patchy response, at best," in actually shifting their behavior on climate-related investment.

  • Investigation of Exxon Opens Legal Avenues for Activists

    November 25, 2015

    The New York Times reports that the New York Attorney General's investigation of whether energy company Exxon broke the law by allegedly providing misleading statements to its shareholders on risks related to climate change could open new paths to climate-related litigation against energy companies in US courts.

  • H&M Signs Global Agreement on Worker Rights

    November 18, 2015

    Highlighting the growing pressure on clothing retail companies to support activist efforts to improve worker conditions in their supply chains, garment retailer H&M, the trade union organization IndustriALL Global Union, and Swedish union IF Metall have signed a deal pushing collective agreements and monitoring of employee rights in the H&M supply chain.

  • NGOs Pressure Businesses on Development Goals

    November 11, 2015

    An article in The Guardian highlights how businesses are responding to pressure from nongovernmental organizations and the UN on implementing the recently adopted Sustainable Development Goals by seeking to show that they are pursuing agendas on the environment and human rights.

  • Microsoft Releases "Citizenship Report" for 2015

    November 04, 2015

    Technology company Microsoft's 2015 "Citizenship Report" explains how it is implementing the global UN and activist agendas on climate change, business and human rights, and corporate social responsibility.

  • Companies Agree to Disclosure on "Water Risks"

    October 29, 2015

    Responding to pressure from activist investors seeking to implement the sustainability agenda in operations of businesses around the world, a group of food and beverage companies have agreed to publicly disclose how they are managing and mitigating risks posed by the use of water in their operations and in their supply chains.

Total Records: 236
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