Stakeholder Capitalism

UN Signs up Companies to Climate Targets

December 30, 2015

The UN Global Compact has announced that 114 companies, including Coca-Cola, Walmart, and Kellogg, have signed on to its Science-Based Targets Initiative, which sets corporate greenhouse-gas emissions targets to limit global warming to a rise of two degrees celsius, and has launched a platform to measure emissions data reported by businesses.
UN Presses for Business Action at Climate Forum

December 29, 2015

The UN Global Compact has announced a slew of climate-change-related commitments it drew from businesses at its annual "Caring for Climate Business Forum" during the recent UN climate talks in Paris, including pledges from investment firms to include climate-change information in their reports.
UN Seeks Enlistment of In-House Attorneys in BHR Agenda

December 28, 2015

The UN Global Compact, the American Bar Association, and the World Bank recently hosted an event at which they sought to inform corporate general counsel how best to implement the UN's agendas on business and human rights ("BHR") and "sustainable development" at their respective companies.
Danish Pension Fund Blacklists Companies over Israel Ties

December 22, 2015

PFA Pension - the largest commercial pension fund in Denmark - has announced that it has added the company HeidelbergCement to its investment "exclusion list," along with other companies operating in territories containing Israeli settlements, due to the company's operation of a quarry in the disputed West Bank.
OECD Uses Study to Support Corporate Tax Clampdown

December 22, 2015

The Director of the Organization for Economic Co-operation and Development ("OECD") Centre for Tax Policy and Administration Pascal Saint-Amans uses a study indicating that corporate tax revenues have fallen since the global financial crisis as a share of gross domestic product to argue for the "urgency" of the OECD's global clampdown on corporate tax avoidance.
G20 Endorses OECD Plans on Corporate Taxation

December 15, 2015

At a recent meeting, the G20 group of countries endorsed the Organization for Economic Co-operation and Development's ("OECD") Base Erosion and Profit Shifting proposal to "crack down" on business practices of avoiding taxes by shifting profits to low-tax jurisdictions.
UN Seeks Integration of BHR into Corporate "Crisis Planning"

December 15, 2015

In a recent "Good Practice Note," the UN Global Compact instructs companies how best to implement the global business and human rights ("BHR") agenda in "crisis planning," including through the use of "human rights due diligence" to prioritize BHR issues in crises.
UN Pushes Businesses to Adopt BHR Policies

December 09, 2015

The UN Global Compact has published the second edition of its business guide on "How to Develop a Human Rights Policy," in which it asserts that such a policy is "a company's public expression of its commitment to meet its responsibility to respect" the UN- and activist-promoted global business and human rights ("BHR") agenda.
UN Seeks "Sustainability" Through Human Rights at Forum

November 25, 2015

At the recent UN Forum on Business and Human Rights ("BHR") in Geneva, the UN Global Compact pushed the concept that the UN's agenda on "sustainable development" can only be successful if businesses around the world agree to implement the UN's BHR principles.
Investigation of Exxon Opens Legal Avenues for Activists

November 25, 2015

The New York Times reports that the New York Attorney General's investigation of whether energy company Exxon broke the law by allegedly providing misleading statements to its shareholders on risks related to climate change could open new paths to climate-related litigation against energy companies in US courts.