Like most other countries across the globe, Korea has many issues to tackle regarding the widening gap between education and wealth levels. To narrow the gap, SK has enacted a wide range of social activities as well as made efforts to drive economic growth as a responsible corporate citizen. But in the process of undertaking such activities, SK soon realized that simple acts of charity are not enough to find an efficient solution to the deep-rooted malaise in society, and that a social enterprise can be a mechanism to address pressing issues and create sustainable values. As the first step toward utilizing such a valuable tool, SK raised KRW 50 billion in 2009 to support social enterprises on a large scale. more[...]
Governments across the Americas are putting profit before the physical and cultural survival of thousands of Indigenous peoples, said Amnesty International in a briefing paper published ahead of the International Day of Indigenous Peoples on 9 August. more[...]
To be successful, corporate sustainability leaders avoid the jargon of sustainability when selling it inside their companies. Rather, the path to success is developed by understanding business objectives and using broad interpersonal skills to communicate social and environmental issues in the language business leaders will understand, according to a new report that surveyed more than 30 sustainability leaders representing both publicly and privately held companies. more[...]
Labaton Sucharow LLP announced the results of its survey of 500 financial services professionals across the United States and United Kingdom. Conducted by Populus in June, Wall Street, Fleet Street and Main Street: Corporate Integrity at a Crossroads reveals startling data on corporate ethics, the regulatory landscape, and individuals' willingness to blow the whistle on wrongdoing. more[...]
There is evidence that in the last two decades, international civil society has played a dynamic role in improving environmental and working conditions in regions such as Latin America. Such improvements have occurred side by side with indications that trade liberalization and the decline of the state’s regulatory role since the 1980s and the advent of globalization in the 1990s has exacerbated inequalities, social exclusion, and triggered environmental degradation. more[...]
Joëlle Vanhamme is Professor of Marketing at the Edhec Business School in France. more[...]
Top corporate governance experts discuss latest research in emerging markets. Yishay Yafeh is an associate professor at Hebrew University’s School of Business Administration. more[...]
TeliaSonera has engaged the Danish Institute for Human Rights to support and review its human rights impact assessment. DIHR will develop a tool tailored to TeliaSonera and its human rights risk profile. It will include freedom of expression and privacy issues and be benchmarked on the United Nations Guiding Principles on Business and Human Rights. DIHR will also assess TeliaSonera’s consequential mitigation plan. more[...]
The world’s 105 biggest companies are worth more than US$11 trillion. They touch the lives of people across the globe. But just how much do we know about their impact on daily lives? Too often, citizens experience little benefit from global economic activity while suffering the consequences of unethical corporate activity. Transparency in Corporate Reporting assesses the disclosure of steps these companies have in place to fight corruption. It also looks at companies’ transparency footprint across 177 countries: to what extent are earnings and taxes in specific countries made public. more[...]
New research released today indicates that listed mining and resources companies across the world are keen to comply with the UN’s Guiding Principles on Business and Human Rights, which were officially adopted one year ago, but must keep up the momentum in order to maintain public confidence in their efforts. more[...]
Having become a participant of the UN Global Compact in 2003, Groupe SEB is committed to respecting the Ten Principles of the agreement. For the Group, which has a presence in several continents, including Asia, it was necessary to find a tool capable of transforming this commitment in principle into a concrete reality. This would enable an evaluation of the manner in which these Principles were taken into account locally in each of the Group’s subsidiaries. Accordingly, in 2007 the Group adopted the HRCA Quick Check (Human Rights Compliance Assessment) – a self-assessment tool developed by the Danish Institute for Human Rights and supported by the United Nations. more[...]
When you look at global media coverage or talk to NGOs, all seem to agree: The Rio+20 summit was a failure and a setback on the road to sustainable development. But was it really a failure? And do all agree? Karen Rieckmann analyses the feedback in the BRIC countries and comes to a more differentiated view of the summit outcomes. more[...]
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