Stakeholder Capitalism

Nieuwenkamp: NCP System Succeeds in Business Pressure

February 25, 2015

Rolf Nieuwenkamp of the Organization for Economic Development and Co-operation ("OECD") working party on responsible business conduct praises the OECD's national contact point ("NCP") system for its work pressuring businesses to implement the international corporate social responsibility agenda.
Law Firm Outlines NCP Pressure on Businesses

February 25, 2015

Arent Fox LLP has published an article describing the work of national contact points ("NCPs") under the Organization for Economic Development and Co-operation's Guidelines for Multinational Enterprises and how they influence corporate adherence to the international corporate responsibility agenda.
Citigroup Commits $100 Billion to Countering Climate Change

February 25, 2015

In response to pressure from investors and clients, and as nongovernmental organizations call for divestment from projects involving fossil fuels, the financial institution Citigroup has pledged $100 billion toward "green initiatives" and renewable energy projects to help counter global warming.
Activists Call for "Rigorous" BHR Accountability System

February 11, 2015

Following an adverse outcome for their clients, who oppose the construction of a mine in Bangladesh, at the U.K. National Contact Point for the OECD Guidelines for Multinational Enterprises, a group of activists has called for a "rigorous system of international accountability" for businesses on human rights issues.
OECD Seeks Development Finance Through Tax Governance

February 11, 2015

The Organization for Economic Co-operation and Development ("OECD") will present to the G20 group of countries a project seeking a clampdown on multinational corporation tax avoidance in order to fund the UN's post-2015 "Sustainable Development Goals" framework.
Nissan Rejects U.S. NCP Mediation of Labor Dispute

February 04, 2015

Nissan has rejected a proposal by the U.S. National Contact Point ("NCP") under the Organization for Economic Co-operation and Development ("OECD") Guidelines for Multinational Enterprises to mediate complaints from union groups that the company violates labor rights in the country.
UN Targets Business Leaders in Sustainability Push

January 28, 2015

The UN Global Compact has posted an article on a recent meeting in Davos, Switzerland between UN Secretary-General Ban Ki-moon and business executives in which the Secretary-General pressed attendees to contribute to the success of the UN's sustainability and climate agenda.
Transnational Company Signs "Global Union Agreement"

January 28, 2015

The French oil and gas company Total has signed an agreement with the international union IndustriALL guaranteeing the respect of trade union rights across its operations and in its supply chain as it seeks to abide by international principles on business and human rights.
UN Reins in Local Sustainability Networks

January 14, 2015

The UN Global Compact has issued a memorandum of understanding strengthening the minimum requirements of its Global Compact Local Networks as it seeks to push these networks to carry out the centralized UN's sustainability and business and human rights initiatives.
U.K. Seeks Referral of Guantanamo Complaint to U.S. NCP

January 14, 2015

The U.K. National Contact Point ("NCP") for the OECD Guidelines for Multinational Enterprises has rejected a complaint filed by human rights activists against a company whose U.S. subsidiary provided security services in Guantanamo Bay, calling for the complaint to be re-filed with the U.S. NCP.