About: corporate responsibility
Countries and companies shun Russian oil over Ukraine invasion
Russian gas flows to Europe remain stable, but Western sanctions over Moscow's invasion of Ukraine and voluntary actions by buyers are starting to impact its oil sales. This is a state of play as of 16 March.
Apple, Ford, other big US brands join corporate wave shunning Russia
Some of America's best-known companies including Apple, Google, Ford, Harley-Davidson and Exxon Mobil rebuked and rejected Russia for its invasion of Ukraine, under steady pressure from investors and consumers decrying the violence.
NGOs ask von der Leyen to intervene on delayed corporate human rights law
The European Commission should keep its promises and uphold corporate human rights obligations according to an open letter sent to President Ursula von der Leyen on Wednesday (8 December) signed by 47 civil society and trade union organisations.OpinionPromoted content
What Christmas trees can teach us about fair supply chains
In light of new supply chain laws, an effective due diligence and corporate responsibility is becoming of even greater importance for many companies. The case of Christmas trees shows which aspects are key to implementing fair supply chains.
Money to burn
Harmful EU financing driving deforestation shows the need for Commissioner designate Frans Timmermans to commit to new rules on corporate responsibility for deforestation and environmental harm, writes Giulia Bondi.
Large companies fail to disclose impact on deforestation
Almost three out of four companies with a significant footprint on the world's forests have failed to provide data on their impact on global deforestation in 2018, according to a study published by environmental non-profit organisation CDP on Tuesday (16 July).
All eyes on EU’s anti-discrimination efforts
Associations working to fight against inequalities are calling on the EU to adopt a more aggressive policy against fraudulent employers. This approach echoes a survey showing that the majority of French people are closely following this issue. EURACTIV France reports.
EU stance on duty of care by multinationals seen as ‘obstructive’
After France adopted a law on the duty of care by multinational companies, UN member states are discussing a treaty on human rights in international trade, despite the EU’s policy of obstruction.
MEPs demand tough rules for textiles importers
The European Parliament has called for strict, binding legislation governing textiles imported to the EU, to crack down on the kinds of abuses brought to light by the 2013 Rana Plaza disaster, in which more than 1,100 people died.
Binding rules for business, rights for people
Legally-binding rules for transnational corporations on human rights are extremely important, as voluntary measures are not enough, and it’s an opportunity for the EU to take a leading role, explains Anne Van Schaik.
A missed opportunity for sustainability
The new EU non-financial reporting requirements, while a step in the right direction, lack the scope and the necessary verification requirements to be a real game-changer writes Beate Sjåfjell.
Business and human rights: The world is still waiting for action
The international community adopted the UN Guiding Principles on Business and Human Rights (UNGPs) in June 2011, pledging to address the adverse impacts of business activities. Five years later, progress has been minimal, writes Jerome Chaplier.
Three years after Rana Plaza: Progress on corporate responsibility remains modest
More than one thousand workers died in the Rana Plaza factory collapse. Responsible business initiatives have since emerged, but EU companies are still not obligated to prevent human rights abuses in their supply chain, write Paige Morrow and Jérôme Chaplier.
Five ways COP21 can enhance corporate accountability
The Paris climate change talks could - or should - also be a watershed for corporate transparency and behind-the-scenes lobbying, argues Jerome Chaplier.
Norwegian fund divests from four Asian companies over palm oil
Norway's gigantic sovereign wealth fund announced yesterday (17 August) it was divesting from four large Asian companies over the environmental damage their palm oil activities have on tropical forests. InfographicPromoted content
INFOGRAPHIC: Curbing illicit financial flows is a resource for Africa
Over the last 50 years, Africa is estimated to have lost in excess of $1 trillion in illicit financial flows (IFFs). This sum is roughly equivalent to all of the official development assistance (ODA) received by Africa during the same timeframe. Currently, Africa is estimated to be losing more than $50 billion annually in IFFs.
SOCAR executive: The European Games promote a healthy lifestyle
SPECIAL REPORT / By being sponsors to the Baku 2015 European Games, SOCAR, the state oil company of Azerbaijan which employs 60,000 people, wants to promote sports and a healthy lifestyle in the country, Vitaly Baylarbayov, Deputy Vice President of SOCAR, told EURACTIV in an exclusive interview.
EU lawmakers back rewards for long-term shareholders
Long-term shareholders in companies in the European Union will be rewarded with extra voting rights or loyalty dividends if a draft law backed by a panel of EU lawmakers comes into force.
Statoil discloses its payments to governments
On 19 March, Norwegian oil and gas company Statoil disclosed the sums it paid to governments in 2014.