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Research released by the Investor Responsibility Research Center reveals upward trends for shareowner activism on social issues. This year has been the busiest in a decade for shareowner social activism, with 158 social issues proposals going up for proxy vote. What’s more, shareowner support for social policy resolutions has increased significantly, rising an entire percentage point over last year to 8.6 percent in 2001. And the number of proposals receiving more than 10 percent support also increased substantially, with almost 28 percent of the results so far this year topping this important benchmark. The Investor Responsibility Research Center (IRRC), a Washington D.C.-based independent organization that researches corporate governance, proxy voting and corporate responsibility issues, reported these statistics as of November 15, with results for 147 of the 158 proposals. Even with some of the results still outstanding, the percent of votes garnering more than 10 percent support already surpassed last year’s results, rising from almost 17 percent in 2000 (25 proposals of 150) to almost 28 percent so far in 2001 (41 of 147.) ... lees meer

The Belgian Presidency and CSR-Europe organised on 27 November the event ‘Europe investing in values’. A survey of European financial analysts and investment managers highlighted the growing recognition of the importance of corporate social responsibility (CSR). A multi-country campaign was launched in order to energise large and small companies around Europe on these topics. ... lees meer

The Olympic movement has announced that it believes that as sport can be a powerful agent for change, it has the ability and responsibility to contribute to achieving sustainable development in sport and through sport, particularly as the environment – along with sport and culture – is one of the three dimensions of Olympism. ... lees meer

Representatives from some of the largest multinational corporations in the world gather this week in Seattle to discuss issues such as globalization, environmental policy and labor practices. But this won’t be another WTO, the infamous 1999 world trade conference that sparked days of violent protests. At the Business for Social Responsibility conference, Microsoft, Ford, Weyerhaeuser and Starbucks will be talking about how they can be better corporate citizens. ... lees meer

In preparation for its early-2002 launch as an independent standards-setting body, the Global Reporting Initiative (GRI) has kicked off a drive to enlist an international network of Individual Stakeholders. By reaching out and engaging a diverse population supportive of improved corporate and organizational accountability and public reporting, said Dr. Robert Kinloch Massie, GRI Steering Committee Chair, we will expand the broad coalition that is working to ensure the long-term viability of an independent GRI. ... lees meer

For the first time, judges also give Honorable Mention to a paper that provides compelling evidence of no significant cost for actively managed screened portfolios. Multinationals employing the lowest environmental standards possible in their overseas operations would be considered a bad investment by social investors. Those investors would be right on the money, say the winners of this year’s Moskowitz Prize, the social investment industry’s prestigious award for outstanding research in the field of socially responsible investing. ... lees meer

A group of large Nordic companies are participating in an unusual partnership to create their view of a future sustainable company. ... lees meer

A conference organised by Business in the Environment (BiE), the business-led campaign for corporate environmental responsibility, on 2 October gave clear guidance to companies on how to -bridge the gap’ between investment in environmental and social responsibility, and the value attributed to this by shareholders. The conference followed research published in May which showed that although companies’ investor relations managers believed they were communicating effectively on these issues, investors did not agree. ... lees meer

Private initiatives for corporate responsibility have been a major development in international management over the last twenty years. The initiatives include issuance of codes of business conduct, implementation of management systems and broader efforts to improve business accountability. Yet, there is little agreement about what these initiatives mean or how effective they are. The OECD project on corporate responsibility seeks to shed light on various aspects of the corporate responsibility movement: What are firms and business associations doing? How have governments influenced the initiatives? What contributions, if any, have these initiatives made to improving the business sector’s ability to comply with law and regulation and to respond to broader societal expectations? ... lees meer

Listed companies that are leading the way with their environmental and social policies are selling themselves and their shareholders short by failing to make the case to the City, according to research published by Business in the Environment (BiE). When asked to name spontaneously the most important factors to take into account when judging companies, 13% of companies’ own investor relations managers (IRMs) deemed environmental and social issues important – but only 3% of analysts, 4% of institutional investors and 3% of financial journalists. ... lees meer