Stakeholder Capitalism

UNGC Seeks Business Pledge to "Empower" Women

March 23, 2017

On International Women's Day, the UN Global Compact (UNGC) released a statement on its upcoming programs promoting the UN network's Women's Empowerment Principles, which seek to commit businesses to breaking their "gender bias" and contributing to the provisions of the UN's comprehensive Sustainable Development Goals on gender equality.
OECD: Estonia Must Reduce Oil Shale Reliance

March 21, 2017

In its first "Environmental Performance Review" of Estonia, the Organisation for Economic Co-operation and Development (OECD) asserts that reducing the country's dependence on oil shale for energy production and moving toward "green growth" is the government's "number one economic, environmental and social challenge."
OECD Examines Business Promotion of "Well-Being"

March 01, 2017

As part of its "Better Life Initiative," the Organisation for Economic Co-operation and Development (OECD) recently hosted a workshop in Paris on how to comprehensively measure businesses' promotion of "well-being" in order to encourage them to contribute to the fulfillment of the global "sustainable development" agenda.
OECD Produces Due Diligence Guide for Apparel Industry

February 27, 2017

The Organization for Economic Co-operation and Development (OECD) has produced a set of global guidelines explaining how companies operating in the apparel and footwear sector should conduct "due diligence" procedures to identify and address potential human rights impacts in their supply chains.
Union Files OECD Complaint over Company's Labor Practices

February 17, 2017

UNI Global Union has filed a new complaint with the Spanish National Contact Point for the OECD Guidelines for Multinational Enterprises against security company Prosegur, alleging that the company violated the global Guidelines by failing to respect the labor rights of its employees in Latin America and India.
UN Report Lists Corporate Sustainability "Opportunities"

January 26, 2017

The UN Global Compact and partners have released a 2017 Global Opportunity Report as a counterpart to the World Economic Forum's Global Risk Report to emphasize how businesses should use the advancement of "disruptive technologies" to help fulfill the UN's sustainable development agenda.
UNGC Outlines SDG Action Plan in 2017

January 24, 2017

In an annual letter to business participants in the UN Global Compact (UNGC) network, UNGC Executive Director Lise Kingo explains how her organization will work in 2017 to push businesses to fulfill the UN Sustainable Development Goals (SDGs) and announces that UNGC will begin collecting mandatory contributions from businesses in its network in 2018.
OECD Calls for Government Pressure on Drug Pricing

January 24, 2017

The Organisation for Economic Co-operation and Development (OECD) has released a report calling on governments use law and regulations to "rebalance" the negotiating powers of drug consumers and manufacturers to force drug companies to lower the prices of high-cost products.
OECD Prepares Guidance on BHR Due Diligence

January 17, 2017

The Organisation for Economic Co-operation and Development (OECD) has released draft guidance for public comment seeking to "provide practical support to enterprises" on how to implement due diligence processes in fulfilling the OECD Guidelines for Multinational Enterprises, in line with the UN Guiding Principles on Business and Human Rights (BHR).
OECD Seeks Taxation, Offsets to Promote Biodiversity

December 20, 2016

The Organisation for Economic Co-operation and Development (OECD) has published a report calling on governments to reform their tax systems and impose compensation requirements to discourage business activities that "damage nature" and have a negative impact on biodiversity.