Stakeholder Capitalism

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.
Under Pressure, Yale Considers Divestment in Fossil Fuels

September 10, 2014

As pressure from nongovernmental organizations and international organizations ramps up, The New York Times reports that Yale University has asked the managers of its investments to consider the risks of continuing to fund projects and companies that allegedly contribute to climate change.
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.
New Zealand NCP Receives Housing Repair Company Complaint

July 23, 2014

OECD Watch reports that a nongovernmental organization has filed a complaint against New Zealand's National Contact Point ("NCP") for the OECD Guidelines for Multinational Enterprises against a company for its delay in repairing houses following a set of damaging earthquakes in the country.
UN Forms Business Steering Group on Rule of Law

July 11, 2014

UN Global Compact has announced the members of its steering group on "Business for the Rule of Law," which will place pressure on global businesses to abide by and promote the rule of law in their operations.
UN Holds "Caring for Climate" Summit in China

July 11, 2014

The UN Global Compact recently hosted a conference in Beijing with representatives from the UN, governments, and businesses to promote the adoption of green energy policies by companies and governments and to educate young people in China on the dangers of global warming.
UN Meeting Pushes Businesses to Promote Sustainability Agenda

July 11, 2014

At a recent meeting of the UN Global Compact and entities associated with UN principles on investment and management education, the UN Secretary-General and others called for businesses to promote the international agenda on climate change and "sustainable" corporate practices.
NCPs Discuss Duties of Finance of Extractives Sector

July 11, 2014

A group of National Contact Points ("NCPs") for the Organization for Economic Co-operation and Development's Guidelines for Multinational Enterprises recently joined a meeting at which they discussed the application of the Guidelines to financial industries with investments in the extractive sector.