Stakeholder Capitalism

OECD Calls for Higher Carbon Taxes

October 13, 2016

Pushing for more collective action among countries in setting a floor for taxing greenhouse gas emissions, the Organisation for Economic Co-operation and Development has released a report characterizing taxation of such emissions in 41 different countries as too low to sufficiently propel industries to consider renewable energy sources.
Apple Pushes Suppliers on Green Energy

September 22, 2016

As environmental activists' pressure persuades multinational companies that it is in their interests to pursue the global climate agenda, Apple has announced that it will assist, financially and otherwise, suppliers of its products in finding ways to reduce their greenhouse gas emissions.
UN Forum Pushes Business Action on Migrants

September 21, 2016

The UN Global Compact's annual Private Sector Forum, held this year in New York on the sidelines of a UN migrant and refugee summit, focused on pressing businesses to make commitments to assisting migrants and to helping realize the UN's comprehensive "sustainable development" agenda.
Merkel Presses Companies on Refugee Employment

September 21, 2016

The Guardian reports that German Chancellor Angela Merkel recently held a meeting with CEOs of some of Germany's top companies to press them to employ more asylum seekers and to help them integrate into German society.
UN Targets Businesses on "Sustainability" Contributions

September 21, 2016

At its recent Private Sector Forum in New York, the UN Global Compact announced four new initiatives through which it will seek to explore successful avenues for businesses to contribute, through reporting, data analysis, technology, and finance, to fulfilling the UN Sustainable Development Goals.
UN Seeks Stock Exchange Pressure on "Sustainability"

September 20, 2016

At its fifth Global Dialogue in Singapore, the UN's Sustainable Stock Exchanges Initiative held discussions on how representatives of stock exchanges around the world can use their influence on businesses to push for changes in their operations and help fulfill the UN Sustainable Development Goals.
OECD Official Seeks Construction Industry Pledges

September 15, 2016

An article from Roel Nieuwenkamp, Chair of the OECD Working Party on Responsible Business Conduct, describes past work among OECD national contact points to hold construction companies to account for alleged human rights violations and calls on governments to pressure such companies to participate in "global corporate responsibility efforts."
Attorney Highlights Globalization of Labor Disputes

September 15, 2016

Attorney Joe Turzi of DLA Piper LLP reflects on the growing trend of labor activists circumventing the domestic labor dispute resolution process by taking their claims to authorities, such as the US State Department, that apply global principles on labor rights from such entities as the Organisation for Economic Co-operation and Development to local employment conflicts.
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.