Stakeholder Capitalism

Civil Society Coalition Criticizes Business Tax Principles

February 28, 2018

A press release from the Tax Justice Network illustrates the risks businesses face in embracing activist calls for "fair" global corporate taxation policies, criticizing as "desperately disappointing" a report on corporate taxes produced by leaders of the "B Team" business initiative for lacking ambition toward consistent standards in corporate tax reporting.
Church Investors Push Corporate Social, Environmental Action

February 14, 2018

The Church Investors Group, an association of pension funds for church organizations, has announced that its members will use their votes as corporate shareholders to push progressive business policies on executive pay, "living" wages, gender diversity, and action on global warming.
US Foundation Launches Supply-Chain-Mapping Venture Fund

February 08, 2018

The Thomson Reuters Foundation reports that US foundation Humanity United, in partnership with corporations and the British government, has launched a $23-million venture fund called Working Capital to map the global supply chains of major companies and assist workers raise allegations regarding their subjection to forced labor.
UN Initiative Pushes for Business Action on Oceans

February 07, 2018

The UN Global Compact has launched a Business Action Platform for the Ocean to "develop a business leadership framework focused on the growth, innovation and sustainability of the ocean" and pressure businesses to contribute to the achievement of UN "sustainable development" targets in this area.
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.
Investors Push for Extension of Bangladesh Factory Accord

February 02, 2018

The Bangladesh Investor Initiative, organized by the Interfaith Center on Corporate Responsibility to promote an agreement signed by global fashion brands on fire and building safety in Bangladesh, has published a call for these brands to sign up to a three-year extension of the accord making them responsible for paying for factory safety in the country.
Global Unions Force $2.3 Million Factory Safety Settlement

January 29, 2018

Two global union groups have announced that they have secured a $2.3 million settlement from a multinational clothing brand in the Permanent Court of Arbitration at the Hague to enhance factory safety in Bangladesh under the terms of a global agreement signed by apparel companies in response to the 2013 Rana Plaza factory disaster in the country.