Stakeholder Capitalism

NGOs: US NCP Should Have Sanctioning Power

November 27, 2017

In the lead-up to a global "peer review" process analyzing the effectiveness of the US National Contact Point (NCP) for the OECD Guidelines for Multinational Enterprises, a group of nongovernmental organizations submitted a call for the US to strengthen the NCP by providing for sanctions against businesses that violate the OECD Guidelines.
UNGC Summit Prioritizes Corporate SDG, Climate Action

October 19, 2017

The UN Global Compact's (UNGC) description of its recent Leaders Summit on the sidelines of the UN General Assembly meeting in September illustrates the organization's all-in approach to enhancing pressure on corporations to contribute to the fulfillment of the UN's comprehensive Sustainable Development Goals (SDGs) and to the Paris climate deal agreed in 2015.
BHR Panel Seeks More Targeted Push on Rights

October 06, 2017

At a recent UN Global Compact Network meeting in Singapore, a sustainability consultant and business leaders agreed that social and environmental activists would best serve their agendas by abandoning their push for the broad concept of "human rights" in corporate operations in favor of narrower concepts such as "gender, race, inclusiveness and equality."
Report Shows Growing Business Commitment to SDGs

September 21, 2017

A new report released by the UN Global Compact (UNGC) shows that companies participating in the UNGC are integrating the UN Sustainable Development Goals (SDGs) - in addition to environmental, social, and governance principles - into company policies.
Companies Join New Greenhouse Gas Initiative

September 21, 2017

Acting under the banner of the UN Global Compact's Science Based Targets initiative, more than 300 companies around the world have committed to an "ambitious" reduction of their greenhouse gas emissions in their operations and supply chains to help fulfill the UN's agenda on global warming.
Global Institutions Ally to Push for “Equal Pay”

September 21, 2017

The UN International Labour Organization, UN Women, and the Organization of Economic Co-operation and Development (OECD) have announced the creation of a new coalition designed to pressure governments to adopt policies to fulfill the target within the UN Sustainable Development Goals of “equal pay for work of equal value” for women.
UN Seeks Greater Private Sector SDG Collaboration

September 19, 2017

The UN Global Compact has announced a series of events to be held during the General Assembly’s Regular Session to engage private sector leaders on ways that businesses can promote the UN Sustainable Development Goals (SDGs), including the release of a report analyzing the “sustainable development” contributions of all 9,500 Global Compact participant companies.
Heineken Settles Dutch NCP Labor Rights Complaint

September 15, 2017

A post from nongovernmental organization OECD Watch illustrates how a complaint filed with the Dutch National Contact Point (NCP) for the OECD Guidelines for Multinational Enterprises over alleged labor rights violations by a Heineken subsidiary in the Democratic Republic of Congo resulted in a Heineken payout of €1.1 million to the complainants.
UN Network Promotes East Asian SDG Action

September 14, 2017

The UN Global Compact China-Japan-Korea recently hosted a forum to discuss how businesses in the region can take steps to implement the UN Sustainable Development Goals (SDGs) in corporate policy and practice.
NGO Seeks Bolstered Australian NCP Mechanism

August 28, 2017

The nongovernmental organization Human Rights Law Centre has submitted a statement to a mechanism reviewing the performance of the Australian OECD National Contact Point (NCP) arguing that the government must do more to empower the NCP, which investigates global corporate human rights violations, to take action against rights-violating businesses.