Workplace / Unions
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.
Romney Charged with Ethics Violation for Failing to Disclose Hedge Fund Investment (11/02)
The Office of Government Ethics receives a complaint that by not revealing profits his family received from the Obama administration's auto industry bailout, Romney has failed to disclose a potential conflict of interest.
Food and Agriculture Industry Lags in Assuring Worker Equity (10/29)
A report by Sustainalytics and Tellus Institute describes workers' rights as less of a priority for companies in the sector than consumer health, environmental impact, and animal welfare.
A Guide to Economics for the 99% (07/06)
The Center for Popular Economics publishes Economics for the 99%, a handbook which describes the roots of economic inequality and offers a solidarity economy as an alternative.
How Occupy Wall Street and Sustainable Investment are Aligned (10/21)
SocialFunds.com talks with Sonia Kowal of Zevin Asset Management about social unrest and its impact on the prospects for long-term sustainable investment.
Bob Monks: ExxonMobil Exemplifies Corpocracy (06/30)
SocialFunds writers Bill Baue and Francesca Rheannon interview corporate governance advocate Bob Monks about his shareholder activism at ExxonMobil and his new book, Corpocracy.
Screening for Satisfaction (12/26)
The 2007 Moskowitz Prize for Socially Responsible Investing was awarded to a study that shows higher employee satisfaction has historically correlated to higher stock prices.
BSR Proposes Going Beyond Monitoring to Achieve Truly Sustainable Supply Chains (07/24)
The new report from Business for Social Responsibility posits a four-pronged vision for shifting supply chain management from a surveillance model to a comprehensive, proactive solution.
Swedish Government Facilitates Corporate Responsibility (12/15)
A SocialFunds.com interview with Elisabeth Dahlin, Ambassador, Head of Global Responsibility, Sweden.
Assessing Job Creation as a Social Indicator Correlating to Financial Performance (07/06)
A new study from Switzerland-based Pictet & Cie argues that job creation eclipses all other labor issues as a key indicator of corporate social responsibility, and measures its impact on returns.
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.
Wal-Mart Discloses Equal Employment Opportunity Data (04/14)
The company joined six others in the S&P 100 that publicly disclose their EEO-1 report, but Wal-Mart still faces shareowner action on union-busting and selling gems mined in Burma.
Facing Campaign on Farm Working Conditions, McDonald's to Heed Independent Study Results (03/22)
The Coalition of Immokalee Workers urges McDonald's to improve farm working conditions, which the company is addressing through a study by the Center for Reflection, Education, and Action.
Wal-Mart Faces Host of Shareowner Resolutions, From Union-Busting to Sustainability Reporting (01/06)
The broad range of resolutions suggests that the sustainability commitments announced by Wal-Mart last year did not convince shareowners that the company has solved all its challenges.
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.
Labor Day List Celebrates Corporate-Union Collaboration (09/02)
The inaugural list launched by American Rights at Work spotlights positive relationships between companies and their workers.
Parnassus Workplace Fund Launches Today, Along With New Small- and Mid-Cap SRI Funds (04/28)
While many socially responsible investment funds assess workplace criteria, the Parnassus fund is the first to lead with this issue.
Book Review--Raising the Bar: Creating Value with the United Nations Global Compact (07/27)
Primarily a guidebook for companies to navigate Global Compact participation, the book also reports on a study suggesting a Global Compact market premium.
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.
Book Review--The Best Business Stories of the Year: 2004 Edition (04/09)
Ethics, disclosure, labor relations, executive compensation, and insider trading are among the topics related to socially responsible investment in this collection of business articles.
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.
Philips Extends Sustainability Expectations to Suppliers, Including Child Labor Ban (03/29)
In its 2003 Sustainability Report, Philips Electronics introduced provisions requiring its 50,000 suppliers worldwide to practice social and environmental sustainability.
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.
Top Five Social Investing News Stories of 2003 (12/19)
The major social investing news stories of the year include SEC reforms, stock exchanges mandating social, environmental, and corporate governance practices, and climate risk assessment defined as a fiduciary duty.
Book Review--The Soul of Capitalism: Opening a Path to a Moral Economy (11/04)
William Greider’s new book seeks to explain the contradictions between capitalism and social responsibility, and then seeks to reconcile these differences.
The Implications of the Nike and Kasky Settlement on CSR Reporting (09/18)
Although Nike reached an agreement with Marc Kasky to end his lawsuit, the settlement's effect on corporate social responsibility reporting remains to be seen.
AFL-CIO Advocates Active Ownership as a Way to Enhance Shareowner Value (09/16)
The AFL-CIO coordinates resolution filing, assesses managers' proxy voting records, and identifies worker-friendly investments for union pension funds.
Environmental Best Practice Tied to Financial Outperformance in Food Retail Industry (09/03)
Innovest's latest report shows that environmental leaders in the global food and drug sector financially outperform the sector's environmental laggards.
Ford's Latest CSR Report Increases Transparency by Using GRI Guidelines (08/12)
Ford's decision to base its 2002 Corporate Citizenship Report on Global Reporting Initiative (GRI) guidelines will help analysts get a fuller picture of the company's performance (part one of a two-part article).
Members of Congress Consider Social and Environmental Disclosure in SEC Filings (07/11)
A group of Senators and Representatives summoned a symposium on the need for social and environmental disclosure by companies in their SEC filings.
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.
Religious Institutions Issue Benchmarks for Corporate Social Responsibility Performance (05/28)
A global coalition of religious activists have published the third edition of a comprehensive set of guidelines for corporate social and environmental performance.
National Wildlife Federation and Amnesty International USA Embrace SRI (02/11)
Two well-known advocacy organizations have made a commitment to lowering the wall between their program activities and their investments.
Corporate Responsibility Ratings and SRI Screens Sometimes Differ (01/16)
A new report from Oekom Research criticizes IT network and component company performance based on the companies' own disclosure, while the Calvert Group's screens assess companies' actual practices.
Oekom Pans Telecoms' Social and Environmental Performance (11/01)
A recent report from the German research firm concludes that only a handful of telecommunications companies have above average social and environmental practices.
Survey Holds Money Managers Accountable (04/02)
A recent AFL-CIO survey may prod money managers to examine their proxy voting on labor issues, but some in the social investment community note that the interests of organized labor and social investors sometimes diverge.
Tomato Pickers Boycott Taco Bell for Higher Wages (12/12)
Borrowing a tactic from anti-sweatshop campaigns, tomato pickers seek a sustainable living wage by appealing to Taco Bell, the primary purchaser of the tomatoes they pick.
Global Energy Providers Score Well in Corporate Responsibility Ratings (12/06)
New study by German research firm Oekom identifies several trends developing worldwide in the power delivery sector.
Poor Practices Catching Up with Labor Ready (06/25)
Worker complaints and lawsuits contribute to financial woes of national manual labor temp agency.
Wal-Mart Booted Out of the Domini 400 (04/17)
KLD cites lack of leadership on labor controversies among reasons for removal.
Shopping for Responsibility (04/02)
Internet site is helping consumers base shopping decisions on values.
Labor Issue Database May Lighten Social Research Workload (02/22)
International Labour Organization compiles database of Internet sources of information on corporate social responsibility-related employment and labor issues.
French Company Feels International Pressure on Labor Rights (05/19)
Imerys at odds with union and shareholder concerns representing U.S. workers' rights in Alabama plant.