Stakeholder Capitalism

UNGC Supports Report on Business Climate “Opportunities”

February 14, 2019

The UN Global Compact (UNGC) has supported the publication of a report explaining how companies can “turn climate risks into new business opportunities” in six different sectors and contribute to the achievement of the UN Sustainable Development Goals.
UN Initiatives Target Young Professionals on SDGs

February 06, 2019

The UN Global Compact is launching two initiatives using “action learning workshops” to teach young professionals to influence their companies’ business models in a manner that contributes to the UN Sustainable Development Goals (SDGs) and recognizing young entrepreneurs who do so.
UN Seeks $2.5 Trillion in Financing for SDGs

February 05, 2019

The UN Global Compact recently issued a statement calling for businesses and governments to work together to close what it estimates is a financing gap of $2.5 trillion per year needed to cover the full cost of achieving the UN Sustainable Development Goals (SDGs).
OECD, G20 Push for Global Rules on Taxing Digital Companies

February 04, 2019

The Organisation for Economic Co-operation and Development (OECD) has announced progress among members of a joint framework of the OECD and the Group of 20 (G20) countries in agreeing a global set of rules on taxing the “digital economy.”
OECD Seeks Global Standards on “Impact Investing”

January 31, 2019

The Organisation for Economic Co-operation and Development (OECD) has published a report calling for the creation of global standards defining “social impact investment” to help align such financing with “core development, social and environmental areas” that help advance the UN Sustainable Development Goals.
UN Plans Promotion of SDG Action in Davos

January 16, 2019

The UN Global Compact illustrates how it, along with private sector, NGO, and international organization partners, will seek to influence discussions on business initiatives aimed at achieving the UN Sustainable Development Goals (SDGs) with a “Sustainable Impact Hub” at the upcoming World Economic Forum in Davos.
UN Network Chief Seeks Embedding of SDGs in Business Models

January 16, 2019

The head of the UN’s Global Compact Network in Kenya, Judy Njino, argues that it is in companies’ self-interest to make the UN Sustainable Development Goals (SDGs) “a defining feature of contemporary business strategy and operations” and urges businesses to work in the interest of everyone impacted by their operations, including “the planet.”
Marriott Faces Peruvian OECD Complaint over Hotel Construction

January 16, 2019

A group of Indigenous people in Peru has filed a complaint against Marriott with the Peruvian National Contact Point for the OECD Guidelines for Multinational Enterprises alleging rights violations related to the hotel chain’s destruction of an Inca temple and unauthorized excavations surrounding a planned hotel site.
UN Body Ramps up Pressure on Companies to Set Emissions Targets

January 08, 2019

The UN Global Compact has called on businesses to aspire to “a new level of ambition” in setting their “science-based targets” for reducing greenhouse gas emissions in pursuit of the global climate change agenda and called for all corporate climate action to comply with the UN’s “sustainability” and human rights goals.
OECD, UN, World Bank Push G20 on Green Investments

December 19, 2018

The Organisation for Economic Co-operation and Development (OECD), the UN Environment Programme, and the World Bank have released a statement calling on leaders of Group of 20 (G20) countries to support a “radical shift” of global investments into “climate-resilient infrastructure” that helps achieve the UN’s Paris climate accord.