Profitability & human rights
Related stories and components
KLP adhere to the UN's principles and are guided by central UN conventions and declarations...In the fourth quarter of 2002 we implemented a minimum ethical standard which applies to all financial investments. This standard is based on UN principles as...
Author: Darcy Frey, New York Times
...he [Lord John Browne, group chief executive of BP] has shown the ambition to redefine the very nature of Big Oil: pushing BP to confront global warming, candidly acknowledge the company's mistakes (environmental penalties against the company appear...
[PDF] [First visit] Yadana Gas Transportation Project - Moattama Gas Transportation Company - Operator: TotalFinaElf - Myanmar/Burma
Author: Mary Anderson, Doug Fraser and Luc Zandvliet, Corporate Engagement Project, Collaborative for Development Action
Field Visit: October 18 - 30, 2002
Environmental Fiduciary: The Case for Incorporating Environmental Factors into Investment Management Policies
Author: Susannah Blake Goodman, Jonas Kron & Tim Little, The Rose Foundation for Communities and the Environment
In this report, we show that fiduciaries who manage funds for institutional investors such as pension funds, foundations and charitable trusts should incorporate environmental factors into their portfolio management policies. [includes reference to...
- Related companies: Bank of America Baxter International Chevron Coca-Cola Corning Deutsche Telekom DuPont Ford General Motors Heinz (now Kraft Heinz) IBM ITT Industries Marathon Oil Nestlé Nike Smithfield Foods ST Microelectronics Sunoco (part of Energy Transfer Partners) Textron Weyerhaeuser Whole Foods Market (part of Amazon)
SEC [U.S. Securities and Exchange Commission] Urged to Strengthen Rules Governing Corporate Disclosure of Environmental Risks
Author: William Baue, SocialFunds.com
The Rose Foundation is petitioning the SEC to require more comprehensive disclosure of environmental liabilities, allowing investors to assess the potential effect on shareowner value.
Author: Ken Rushton, Financial Services Authority Director of the UK Listing Authority, former Director of the Institute of Business Ethics, in Business Ethics: A European Review
[abstract of chapter by Ken Rushton in Business Ethics: A European Review, Vol. 11, no. 2, pages 137-139, 2002] The author proposes sustainability as the criterion for business ethics. The argument here is that in today’s world, business success...
Author: Cheryl L. Wade, in University of Pittsburgh Law Review
In 1996, Texaco settled a class action alleging race discrimination for $176 million, and in 2000, Coca-Cola settled race discrimination litigation for $192.5 million...boards and executives breach their fiduciary duty of care owed to shareholders when...
- Related stories: Coca-Cola lawsuit (re racial discrimination in USA)
- Related companies: Coca-Cola Texaco (part of Chevron)
[PDF] Business Taking Action to Manage HIV/AIDS- A selection of business practices responding to HIV/AIDS in- and outside the Asian workplace
Author: Asian Business Coalition on AIDS
[refers to HIV workplace policies of Shell, General Motors, Sony, Nike] [refers to HIV education for staff at major hotels in Bangkok: Grand Hyatt Erawan, Regent (part of Carlson), Pan Pacific, Marriott] [refers to Rohm Apollo Electronics ensuring its...