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Article: Counsel Must Play Role in "Corporate Citizenship"
July 21, 2017
An article from former General Electric Vice President and General Counsel Ben Heineman paints a broad picture of the need for general counsel to steer their corporations toward a concept of "corporate citizenship" resembling the "environmental, social, and governance" responsibilities recommended for businesses by UN agencies and activist groups.
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NGOs Seek BHR Progress Through Contractual Obligations
July 21, 2017
A nongovernmental Worker-Driven Social Responsibility Network has published a paper criticizing voluntary corporate social responsibility commitments as insufficient and calling instead for worker-led initiatives for global labor rights in which workers contract with brands and retailers that agree to recognize human rights in their supply chains.
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Paper: Business-led Reporting Schemes Are Ineffective
July 21, 2017
A group of academics has published a paper warning that the growing activist movement, beginning to take hold in the form of government regulation, toward business audits of their global supply chains to monitor and report environmental and human rights impacts is ineffective and merely serves as an "industry-led privatization of global governance."
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UNESCO, FIFA Push for “Sustainability” in Sport
July 21, 2017
Leaders from the UN Educational, Scientific, and Cultural Organization (UNESCO) and International Federation of Association Football (FIFA) met to express mutual support for the UN’s “sustainable development” and women’s “empowerment” agendas.
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UN Report Calls for Transformation in Global Finance
July 21, 2017
The UN Environment Programme (UNEP) has released a report on green finance which calls for the transformation of the global financial system to push increasing amounts of capital into “green” investments that align with the UN’s sustainability agenda.