Stakeholder Capitalism

UN Report Highlights New Markets for SDG Fulfillment

February 06, 2018

The UN Global Compact has released a 2018 Global Opportunity Report with consultancy DNV GL and advisory group Sustainia pushing for business activity in 10 ten new markets to advance fulfillment of the comprehensive set of targets contained in the UN Sustainable Development Goals (SDGs).
UN Initiative Prioritizes Corporate Fulfillment of SDGs

February 05, 2018

Executive Director of the UN Global Compact Lise Kingo has issued an update recognizing the launch of a "Global Compact 3.0" initiative driving rapid corporate progress in contributing to the fulfillment of the all-encompassing UN Sustainable Development Goals (SDGs) as the "collective blueprint for humanity."
UN Initiatives Push for SDG Education in Business Schools

February 05, 2018

At a dinner hosted at the World Economic Forum in Davos, Switzerland, the UN Global Compact and Principles for Responsible Management Education called for business and management schools to "sensitize" students to "values like sustainability and responsibility" and include in their curricula lessons on the UN Sustainable Development Goals (SDGs).
OECD Highlights New Signatories to Treaty on Corporate Tax

February 05, 2018

The Organisation for Economic Co-operation and Development (OECD) is touting the recent signature of its Base Erosion and Profit Shifting (BEPS) Multilateral Convention by six governments, bringing to 78 the total number of jurisdictions that have signed the instrument aimed at amending bilateral tax treaties to combat tax avoidance by multinational corporations.
Nigerian NGO Files OECD Complaint over Flooding

January 10, 2018

A Nigerian community association has filed a complaint with the National Contact Points for the OECD Guidelines for Multinational Enterprises in Italy and the Netherlands claiming that an Italian energy company and its Dutch subsidiary violated "international standards of corporate conduct" by flooding Nigerian villages through infrastructure they built to extract oil from the country.
UNGC Pushes for Corporate Ambition on "Impact Assessments"

January 09, 2018

A year-end statement from the Executive Director of UN Global Compact (UNGC) Lise Kingo reviews the UNGC's efforts in pressuring businesses to comply with the global human rights agenda and calls on companies to step up their performance of human rights impact assessments to ensure they are protecting rights "across the full spectrum of business activities."
OECD Pressures Canada on Action Against Fossil Fuels

January 09, 2018

The Organisation for Economic Co-operation and Development (OECD) has issued an Environmental Performance Review for Canada that pushes the country's government to increase taxes on fossil fuel use and coordinate "carbon pricing" systems to impose higher costs on energy companies that fail to comply with the global agenda against climate change.
Observer Calls for Independent Australian NCP

January 05, 2018

Business and human rights (BHR) adviser Alex Newton has published a report arguing that the Australia is failing to fulfill its international obligations to the BHR agenda through its National Contact Point (NCP) for the OECD Guidelines for Multinational Enterprises and calling on the government to enhance the NCP's independence.
NGOs Seek Stronger Peer Review of NCPs

January 05, 2018

A group of nongovernmental organizations has published a summary of ongoing analysis regarding whether the "peer review process" of National Contact Points (NCPs) for the OECD Guidelines for Multinational Enterprises is sufficiently holding NCPs to account, calling for the process to push NCPs to provide more effective remedies to alleged victims of corporate conduct.
UN Group Warns of Lack of Independence of NCPs

January 02, 2018

A November blog post from the UN Working Group on business and human rights (BHR) issues calls on states to look to the provisions of the UN Guiding Principles on BHR in reforming their National Contact Points (NCPs) of the OECD Guidelines for Multinational Enterprises to ensure these NCPs are independent and provide effective remedies for alleged BHR violations.