Business Impacts

  • Agricultural Lenders Adopt ESG Principles

    March 01, 2017

    Members of the Council on Smallholder Agricultural Finance, an alliance of agricultural lending institutions, has adopted a set of "environmental, social, and governance (ESG) principles" to promote "socially and environmentally responsible" lending to agricultural projects in Asia, Africa, and Latin America.

  • Companies Tout Contributions to SDGs

    February 27, 2017

    The "business intelligence" entity Ethical Corporation has produced a publication containing interviews with representatives of various multinational corporations on how they have implemented provisions of the UN Sustainable Development Goals (SDGs), a comprehensive list of targets for the social and environmental agenda, in their global operations.

  • BHR Advocate Outlines Agenda Under Trump

    February 23, 2017

    Anthony Ewing of Logos Consulting Group sets out a comprehensive agenda for corporations to manage their business and human rights (BHR) impacts under the Trump Administration and to resist and challenge alleged BHR violations by Administration officials.

  • German Bank Pledges Coal Withdrawal

    February 20, 2017

    The Guardian reports that Germany's Deutsche Bank has announced that it will fulfill its pledge from the Paris climate change summit in 2015 to cut fossil fuel investments by providing no new financing for certain coal projects and reducing its existing funding to such projects in the coming years.

  • Bank Group Explores BHR Responsibility

    February 01, 2017

    A discussion paper from a group of bank representatives promoting application of the UN Guiding Principles on Business and Human Rights (BHR), called the Thun Group, considers the point at which banks become "directly linked" to BHR violations and calls on them to develop due diligence procedures to prevent and deal with these situations.

  • UNEP Signs NY Fund to "Decarbonization" Program

    January 27, 2017

    The UN Environment Programme (UNEP) has announced that the New York State Common Retirement Fund, the third-largest pension fund in the US, is joining UNEP's Portfolio Decarbonization Coalition, a group of institutional investors that have pledged to gradually transfer a substantial portion of their investments to climate-friendly assets.

  • WEF Signs Businesses to Sustainability Compact

    January 25, 2017

    At its recent meeting in Davos, Switzerland, the World Economic Forum (WEF) released a document for signature by all participants called The Compact for Responsive and Responsible Leadership to commit business leaders to a "corporate governance framework" embedding the UN's sustainable development agenda in company operations.

  • NGOs Criticize Corporate Charter on Mexican Produce

    January 25, 2017

    The Los Angeles Times reports that labor and consumer groups are criticizing an "Ethical Charter" released by North American companies in the food industry pledging to adhere to the law and to "international expectations" in obtaining produce from Mexican farms for failing to include an enforcement mechanism, including "audits by trained inspectors," in its provisions.

  • UN Launches "Green" Digital Finance Initiative

    January 25, 2017

    As part of its efforts to divert global investment funds toward climate-friendly projects, the UN Environment Programme and a Chinese financial services provider have launched a Green Digital Finance Alliance that aims to promote global "green finance" for the UN's sustainable development agenda and to encourage climate-friendly lifestyles in China.

  • WEF Signs Plastics Companies to Action Plan

    January 24, 2017

    The World Economic Forum has highlighted how international and nongovernmental organizations seek to make binding policy changes out of business pledges by signing more than 40 leaders from plastic companies to a New Plastics Economy initiative setting out a "global action plan" on expanding recycling practices.

Total Records: 199
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