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NGO Seeks Public Dialogue on Bank Strategies
February 10, 2016
Through its BankingFutures dialogue, the nongovernmental organization ("NGO") Meteos, working with consultancy Quest, has called on banks to engage in a "public dialogue" with regulators, NGOs, and consumers to develop standards of care and "respect" for the public to renew trust in the UK's financial sector.
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NGOs Push Correlation Between ESG, Profitability
February 10, 2016
The Global Reporting Initiative reports that a study released by Deutsche Asset Management and the University of Hamburg tends to show that corporate profitability and a focus on environmental, social, and governance ("ESG") principles are aligned, seeking to make the case that businesses must bend to investor and activist demands for more ESG-related reporting.
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GRI Sets out Five-year "Sustainable Development Strategy"
February 10, 2016
The Global Reporting Initiative ("GRI") has announced that it is building a five-year strategy for the advancement of corporate reporting on the implementation of the UN's agenda on "sustainable development" in business operations and on the use of data from this reporting to place more pressure on businesses to fulfill the UN's environmental and social goals.
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GRI Emphasizes Role in Pushing SDGs in Business
February 10, 2016
In the context of the launch of the Global Commission on Business and Sustainable Development, an initiative of businesses, labor, and activists, at the recent World Economic Forum, the Global Reporting Initiative ("GRI") is highlighting how it has contributed to business recognition and implementation of the UN's Sustainable Development Goals ("SDGs").
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Unilever CEO Champions BHR Initiatives
February 09, 2016
Paul Polman, CEO of consumer goods company Unilever and Chairman of the World Business Council for Sustainable Development, writes that companies must implement the UN's business and human rights ("BHR") agenda across their operations in order to advance "sustainability" and economic equality.
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