Stakeholder Capitalism

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The Organisation for Economic Co-operation and Development (OECD) has released draft guidance for public comment seeking to "provide practical support to enterprises" on how to implement due diligence processes in fulfilling the OECD Guidelines for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.
OECD, UN Mark African Tax Cooperation Deal

December 19, 2016

The Organisation for Economic Co-operation and Development (OECD) and the UN Development Programme have announced the first "South-South cooperation pact" in their Tax Inspectors Without Borders program, between Botswana and Kenya, under which tax inspectors help countries clamp down on corporate tax avoidance in the developing world.
G4S Sells Israeli Operations in Face of BHR Pressure

December 19, 2016

The nongovernmental organization Lawyers for Palestinian Human Rights recounts how security company G4S, following a complaint filed with the Organisation for Economic Co-operation and Development (OECD) alleging that the use of its surveillance and security equipment in Israel violated the business and human rights (BHR) agenda, sold its Israeli entity.
OECD Report Pushes "Tax Mobilisation" in Asia

December 13, 2016

A report from the Organisation for Economic Co-operation and Development (OECD) examining the proportion of tax revenue to economic activity in Southeast Asian countries finds that "scope remains for increased tax mobilisation" from corporations in the region.
OECD Instrument Closes Tax Treaty "Loopholes"

December 13, 2016

The Organisation for Economic Co-operation and Development (OECD) has announced the conclusion of negotiations over a global convention that will transpose the OECD's corporate tax avoidance measures into over 2,000 tax treaties to prevent the shifting of corporate profits to low-tax jurisdictions.