|Photo retrieved from The Independent|
Thursday, 25 April 2013
Tuesday, 15 January 2013
Response to guest blog by Patrick Haack, by Mariëtte van Huijstee, Corporate Accountability Coordinator and Researcher at SOMO
|Photo: Kaptain Kobold|
Tuesday, 8 January 2013
The United Nations Global Compact is the world’s largest voluntary corporate accountability initiative, with the number of corporate members exceeding seven thousand. The Global Compact aims to “encourage businesses worldwide to adopt sustainable and socially responsible policies and practices”. Participants of the Global Compact commit to implement ten principles in the areas of human rights, labour, the environment and anti-corruption. The Global Compact aims to stimulate change by facilitating learning, dialogue and partnerships. It does not “police or enforce the behavior or actions of companies”.
Managing the legitimacy commons in transnational governance: Why keeping bad apples, instead of sacking them, can lead to global sustainability
In the realm of transnational governance, where public and private actors participate in hybrid policy networks and provide global public goods, the United Nations Global Compact constitutes an organizational collective whose participants involve other organizations such as national governments, civil society organizations and private business firms. These actors jointly promote the alignment of business operations with ten principles in the areas of human rights, labor standards, the environment, and anti-corruption. Launched in 2000 by the then General Secretary Kofi Annan, the Global Compact’s current (as of November 2012) base of 7,071 signatory companies makes it globally the largest of transnational organizations.
Wednesday, 31 October 2012
The United Nations Special Rapporteur on the situation of human rights in the occupied Palestinian territories, Richard Falk, calls on the UN General Assembly and civil society to take action against Israeli and international businesses that are profiting from Israeli settlements.
In his report, which was presented to the UN General Assembly on Thursday 25 October, Falk writes that companies that are invested in the Israeli occupation of Palestine, especially in Israel’s settlements, are in direct violation of international law standards, and human rights treaties, including the UN Global Compact and the Guiding Principles of the UN on Businesses and Human rights.