Business Ethics / Pricing, billing, contracting
Third National Climate Assessment Published (05/06)
In its new report, the US Global Change Research Program asserts that the effects of climate change have already become a present day concern, and announces the launch of a website to help Americans receive reliable scientific information.
Trillium Urges Verizon Shareowners to Support Net Neutrality (04/09)
A letter sent to shareowners by the investment management firm outlines the economic and social case for continued net neutrality at the wireless telecommunications company
Principles for Investors in Inclusive Finance Publishes Compendium of Case Studies (02/16)
The Principles for Investors in Inclusive Finance wraps up its first year with case studies designed to help provide sustainable financial products and services to the world's poor.
ICCR Calls on Drug Companies to Join Medicines Patent Pool (12/01)
On World AIDS Day, members of the Interfaith Center on Corporate Responsibility reiterate their support for providing medicine to HIV-positive people in developing countries, and call on drug companies to do their part by joining the Medicines Patent Pool.
Wealth Gaps Between Whites and Minorities at Record Levels (08/01)
A new study from the Pew Research Center confirms that the recession has had a far greater impact on Blacks and Hispanics than on Whites.
Gilead Sciences Joins the Medicines Patent Pool (07/18)
Gilead becomes the first pharmaceutical company to form a licensing agreement with the Pool, and will provide its HIV and Hepatitis B drugs at low cost to developing countries.
Coke To Try Smaller Delivery Trucks (01/29)
A pilot program in Uruguay has Coca-Cola using energy efficient ZAP trucks.
Shareowner Activism Precedes Development of SRI Slavery Screen (03/27)
Most slavery exists far up the supply chain, and auditing practices do not yet exist to monitor for slavery at second- or third-tier suppliers, so it is too early to enact an enforceable slavery screen.
Book Review--Make Poverty Business: Increase Profits and Reduce Risks by Engaging with the Poor (01/09)
The co-authors provide a blueprint for on-the-ground managers of multinational corporations to create sustainable profits and reduce country risk by helping alleviate poverty.
Pharma Companies Need to Keep Improving AIDS Response, Says ICCR and Nigerian Doctor (12/01)
Chukwumuanya Igboekwu of Physicians for Social Justice adds his own critiques to the Interfaith Center on Corporate Responsibility study on pharmaceutical industry shortcomings in addressing AIDS.
ICCR Benchmarks Pharma Responses to AIDS and Diseases of Poverty in Emerging Markets (08/18)
The Interfaith Center on Corporate Responsibility report assesses 15 pharmaceutical companies, and finds all of them falling short of best practice in most areas on AIDS and neglected diseases.
Norwegian Government Pension Fund Dumps Wal-Mart and Freeport on Ethical Exclusions (06/16)
The $230 billion global fund--one of the largest pension funds in the world--cited Wal-Mart for systematic human rights violations and Freeport for serious environmental damage.
Why Do Minorities Receive More Subprime Mortgages? Can You Say, Kickback? (06/14)
A new Center for Responsible Lending study shoots holes in industry rationale that bad credit histories of African-Americans and Latinos account for disproportionate subprime mortgages.
White House and Interfaith Center on Corporate Responsibility Address Pediatric AIDS (03/24)
Bush Administration launches a new public-private partnership on Pediatric AIDS, an area where ICCR engages pharmaceutical companies in shareowner advocacy.
State Laws Effectively Curb Predatory Lending Without Stifling Subprime Market, Study Finds (02/28)
The Center for Responsible Lending study rebuts opponents of state anti-predatory lending laws, and suggests significant implications for the two competing anti-predatory bills now in Congress.
Verite Report Identifies Exploitation of Foreign Contract Laborers in Asia and the Middle East (12/20)
The report uncovers placement fees that exceed legal limits, forced overtime, loans with interest rates of up to 60 percent, and so-called runaway insurance deposits that are not refunded.
Socially Responsible Investing Advances Anti-Racism in Helping Rebuild New Orleans (12/12)
In addition to supporting community investment and leveraging influence through shareowner advocacy, social investors can help rebuild in the aftermath of Katrina by naming root problems.
Wal-Mart Embraces Sustainability: Does the SRI Community Buy It? (10/26)
Socially responsible investors cautiously applaud Wal-Mart for committing to social and environmental sustainability, but remain highly skeptical about actual implementation.
Shareowner Resolution Asks Monsanto to Create Ethics Oversight Committee (08/26)
The company stonewalls inquiries related to the resolution, which springs from a $1.5 million settlement with the SEC and DOJ earlier this year regarding a bribe Monstanto paid in Indonesia.
Human Rights Site Spotlights Bank Investment in Chinese Manufacturer Linked to Forced Labor (08/25)
The Business & Human Rights Resource Centre posts an article alleging Chinese firm Henan Rebecca uses forced labor, as well as responses from banks implicated through investment for their clients.
Pharma and Biotech Companies Just Starting to Pass the Transparency Litmus Test (04/27)
oekom research rates the social and environmental sustainability performance of 27 pharmaceutical and biotechnology companies, and finds disclosure lacking across the board.
Caterpillar Bulldozes Shareowner Concern Over Aiding Alleged Israeli War Crimes (03/24)
Caterpillar faces a shareowner resolution as well as a lawsuit filed by the family of peace activist Rachel Corrie that cites the Nuremberg Tribunal as precedent in alleging war crime complicity.
Report Finds Bank Sector Assessment of Impact on Disadvantaged Communities Lacking (12/29)
AccountAbility and Business for Social Responsibility to apply their new assessment methodology to the pharmaceutical, agricultural, and extractive sectors next.
Unocal Alien Tort Claims Act Case Settlement Boosts Corporate Accountability (12/16)
Some interpret the settlement between the energy company and Burmese villagers as setting a practical precedent for holding companies responsible for indirect human rights abuses.
House Votes to Kill Mandatory Expensing of All Stock Options, Sending Bill to Senate (07/22)
The House's passage of the Stock Option Accounting Reform Act reverses Sarbanes-Oxley's commitment to protect independence of FASB as the arbiter of accounting rules.
How Unsustainable Forestry Practices in Indonesia Impact Sustainable Practice in the US (06/23)
Part one of a three-part article exploring the complex global relationship between sustainable and unsustainable forestry practices.
Report Finds CSR Policies on the Rise in Asia, Europe, and North America (06/18)
University of Hong Kong survey overturns some assumptions about the development and prevalence of corporate social responsibility policies.
Are the Equator Principles Sincere or Spin? (06/04)
A report calls into question whether signatory banks are complying with the Equator Principles.
Oekom Rates Food and Beverages Industry Average in Sustainability Performance (04/15)
The example of Starbucks illustrates how Oekom Research rates food and beverage companies as average performers in social and environmental sustainability.
Stock Option Dilution Rose But Granting Slowed in 2003, Anticipating Mandatory Expensing (04/14)
Right after the Financial Accounting Standards Board called for mandatory option expensing, the Investor Responsibility Research Center released its yearly dilution study.
A Passage to India: Report Asks If BT Offshoring Is Socially Responsible (03/30)
A recent report by SustainAbility assesses whether offshoring and corporate social responsibility are compatible, focusing on the case of British Telecom.
MMA Praxis Eliminates Soft Dollar Arrangements (03/17)
MMA Praxis joins Domini in disavowing soft dollar use; other socially responsible investment firms continue the practice within legal limits while some consider cessation.
Starbucks Provides Loan Capital for Coffee Farmers (03/16)
Starbucks is providing a $1 million loan to the Calvert Foundation to support microfinance to Latin American coffee farmers, and it answers critics of its Fair Trade commitment.
Cintas Defamation Suit Challenges Shareowner Free Speech Rights (02/10)
Cintas files a defamation lawsuit against Tim Smith of Walden Asset Management for alleging that the company uses sweatshop labor in Haiti.
Socially Responsible Investments Remain Largely Untouched by Late Trading Scandals (11/13)
The SRI industry's long-term investment horizons and ethical underpinnings insulate it from the market timing debacle, though it may be impossible to escape all its effects.
Book Review--24 Days: How Two Wall Street Journal Reporters Uncovered the Lies that Destroyed Faith in Corporate America (09/23)
A new book tells the behind-the-scenes story of Enron's demise and the detective work that revealed the chicanery in Enron's corporate practices and culture.
A High Flyer and a Smooth Sailer Top SRI Equity Funds (07/31)
Two socially responsible investment equity funds place in the first and second percentiles of their peer funds over a five-year period.
Investors Managing $3 Trillion Back Blair's Extractive Industries Transparency Initiative (06/18)
Developing countries are being prodded to support oil and mining companies disclosure of payments the companies make to governments.
Nike and Others Increase Transparency into Their Global Labor Practices (06/04)
The Fair Labor Association releases a report today on the internal and independent external monitoring of apparel and footwear manufacturers' global labor practices.
Investors Press Companies on Stock Options Expensing (05/13)
A shareowner resolution on options expensing is garnering support, and a California pension fund has released a study on how to best expense stock options.
The Answer to the Coffee Crisis? Farmers Want Fair Price, Kraft Says Increase Demand (04/25)
Calls for fair prices and Fair Trade Certified coffee by social investors, coffee farmers, and Oxfam go unheeded by Kraft.
Pay Dirt or Payola? How Halliburton Strikes it Rich (04/11)
A number of practices have generated profits as well as controversy for Halliburton, the company where Vice President Dick Cheney served six years as CEO.
Oxfam Launches Coffee Rescue Plan (09/30)
Oxfam International's new effort to promote the fair trade of coffee garners immediate support from Domini Social Investments.
Conference to Consider the Business Case for SRI (07/29)
Institutional investors will discuss SRI at the Green Mountain SRI Summit, to be held in Stowe, Vermont in September.
Rio + 10 Series: UNAIDS' Accelerating Access Initiative May Decelerate Access (07/19)
ACT UP Paris criticizes Accelerating Access, a joint United Nations/pharmaceutical industry initiative, for limiting price reduction on AIDS medicine in developing nations.
Poor Practices Catching Up with Labor Ready (06/25)
Worker complaints and lawsuits contribute to financial woes of national manual labor temp agency.