Stakeholder Capitalism

OECD Finds Income Inequality Harms Economic Growth

December 10, 2014

A recent report from the Organisation for Economic Co-operation and Development ("OECD") finds that inequality of incomes harms economic growth and encourages redistributive policies, including "cash transfers," as remedies.
UN Launches Initiative to Push Corporate Boards on Sustainability

November 26, 2014

The UN Global Compact has announced a new Global Compact Board Programme that will pressure members of corporate boards of directors around the world to accept and promote the UN's agenda on non-financial, "sustainability" issues in business operations.
UN Pushes Companies to Adopt Food Standards

November 19, 2014

The UN Global Compact is seeking compliance from food companies around the world to a set of Food and Agricultural Principles it released earlier this year to promote "sustainable" agricultural practices.
Stock Exchanges Initiative Pushes "Sustainable Development" Agenda

October 15, 2014

The Sustainable Stock Exchanges initiative, developed by the UN Global Compact and other international actors, recently convened a Global Dialogue at which participating stock exchanges called for the adoption of best practices to encourage businesses to adopt "sustainable" policies.
U.S. Will Develop National Action Plan for BHR Implementation

October 01, 2014

President Barack Obama has announced that the U.S. will develop a formal National Action Plan to implement the principles set out in the UN Guiding Principles on Business and Human Rights ("BHR") and the OECD Guidelines on Multinational Enterprises.
Lawyers File NCP Complaint over Australian Detention Centers

September 24, 2014

A group of human rights attorneys have filed complaints under the OECD Guidelines for Multinational Enterprises with national contact points ("NCP") in Australia and the U.K. against the security company G4S for alleged human rights violations in Australian asylum detention centers.
UN Hosts "Sustainability" Meeting with Industry Associations

September 17, 2014

The UN Global Compact recently hosted a meeting with global industry and trade associations on spreading the internationally developed agenda on "corporate sustainability," calling on these groups to pressure their members to accept and implement these principles.
U.K. NCP Receives Complaint over Company's Guantanamo Contract

September 03, 2014

A complaint to the U.K. National Contact Point ("NCP") for the OECD Guidelines for Multinational Enterprises alleges that the British company G4S has violated these Guidelines by accepting a contract to provide "facilities services and general maintenance support" to the U.S. base in Guantanamo Bay.
UN Pressures Companies to Agree to Commitments on Women

September 03, 2014

The UN Global Compact reports that 800 companies have signed on to a set of "Women's Empowerment Principles" and have thus committed to a set of steps aimed to empower women "to participate fully in economic life in all sectors" and promote "more stable and just societies."
UN Global Compact: CSR Is Necessary to Business Success

September 03, 2014

UN Global Compact Executive Director George Kell argues that business recognition of the importance of corporate social responsibility ("CSR") is integral to future corporate success as pressure increases from global bodies and NGOs to adhere to international CSR standards.