Stakeholder Capitalism

G-20 Supports Global Governance of Taxation

September 14, 2016

In its final communiqué from a recent summit in Hangzhou, China, leaders from the G-20 group of countries called for the establishment of a "fair and modern international tax system," particularly through automatic global sharing of corporate tax information through an initiative launched by the Organisation for Economic Co-operation and Development.
OECD Commissions Conflict Minerals Review

August 10, 2016

The Organisation for Economic Co-operation and Development has commissioned consulting company Kumi to assess the extent to which industry programs are implementing the OECD's Due Diligence Guidance on the use of "conflict minerals" from war-torn areas of Africa.
Australian Network Pushes for BHR Action Plan

August 10, 2016

The UN Global Compact's Australian network and the Australian Department of Foreign Affairs and Trade recently hosted a series of roundtables in the country seeking to advance business support for the creation of a "national action plan" under which the Australian government and businesses would implement the UN business and human rights agenda.
UN Global Compact Launches Philippines Network

August 03, 2016

The UN Global Compact's launch of a local network in the Philippines and support for the publication of the "Philippines Vision 2040," which sets out how the country plans to implement the UN Sustainable Development Goals, underscores the focus of the global organization on pressuring local businesses and officials to help fulfill the UN's sustainability agenda.
OECD Highlights Progress on Global Tax Standards

July 27, 2016

With the latest reports from the organization's Global Forum on Transparency and Exchange of Information for Tax Purposes, the OECD has reviewed practices from 101 jurisdictions and claims progress in preventing corporate tax avoidance through the implementation of its global standards on the exchange of tax information.
Japanese NCP Accepts Power Plant Complaint

July 26, 2016

Japan's National Contact Point for the OECD Guidelines for Multinational Enterprises has accepted a complaint supported by activist organizations Greenpeace Indonesia and Friends of the Earth Japan calling, in part, on an energy company to perform human rights and environmental "due diligence" prior to constructing a power plant in Indonesia.
US Seeks Ramped-up Business Humanitarian Funding

July 22, 2016

The White House, with a number of US corporations, has launched a Partnership for Refugees that pushes businesses to increase their financial and other humanitarian assistance to refugees around the world.
UNGC, Business Group Sign Deal on SDGs

July 20, 2016

The UN Global Compact and the International Chamber of Commerce have signed a memorandum of understanding pledging to work together to secure business participation in fulfilling the UN's comprehensive Sustainable Development Goals.
UNGC Builds Framework to Achieve "Sustainability"

July 14, 2016

An update from UN Global Compact Executive Director Lise Kingo following the recent UNGC Leaders Summit demonstrates the comprehensive commitment of the UN agency, from actions within its local networks to its newly launched program "Making Global Goals Local Business," to pressure companies to help fulfill the UN Sustainable Development Goals.
OECD Meeting Ramps up Global Tax Framework

July 14, 2016

A meeting of over 80 countries and jurisdictions organized by the Organisation for Economic Co-operation and Development in Kyoto, Japan, has inaugurated the OECD's "inclusive" global tax framework to counter the ability of corporations to avoid taxation by shifting their revenue to low-tax jurisdictions.