Human rights due diligence of pharmaceutical companies: An important first
By Damiano de Felice. On Thursday 9 June, I will moderate the first ever session on pharmaceutical companies to be held at either the UN Forum on Business and Human Rights or the OECD Global Forum on Responsible Business Conduct. For starters, these conferences represent the two most important annual events organized by international organizations to promote corporate respect for human rights. More...
Maximizing the Benefits of the Internet Economy
By Daniel Sepulveda. The open Internet combined with today’s emerging technologies has launched the information revolution and is powering the global digital economy. Everyone has a stake in that development, both as individuals and in the organizations in which we serve and affiliate ourselves. More...
The Force of Finance for Responsible Business
By Roel Nieuwenkamp. These days a critical mass of investors promote investment approaches which take into consideration environmental, social, governance (ESG) factors, otherwise known as responsible investment. Investors involved in the ‘Principles for Responsible Investment (PRI) Initiative, a membership based organization which seeks to promote responsible investment, currently manage over $60 trillion in assets. More...
Can a shipping levy affect the growth of Passive House in Australia?
By Scott Stewart. As a kite surfer myself I know the power a modern kite can generate, but as someone who uses shipping as a tool in Australia for also reducing emissions I thought it necessary to do some further research and consultation as to the possible unintended consequences of an industry behaviour changing carbon levy. More...
Paris Floods: A Local Disaster, A Global Challenge
By Rolf Alter. A major flood similar to 1910 would have direct and indirect impacts on nearly 5 million citizens, many companies and the life of the city for several months. In a 2014 OECD report, Seine Basin, Île-de-France: Resilience to Major Floods, the economic damage of a major flood in the Paris region was estimated at a minimum of EUR 3 billion up to a staggering EUR 30 billion for direct damage. The significant macroeconomic impact in terms of GDP, jobs lost and public finances also need to be taken into account. More...
Digital innovation – what does it really mean?
By Paul Chaffey. Some weeks ago the last video rental store in Oslo closed down. In 1990 there were 3500 such stores in Norway. Today there are only a few left. How could that happen. More...
How’s Your Life and What Matters Most to You? Going Beyond GDP
By Julia Stockdale-Otarola. How do you judge your quality of life? What factors matter most to you?
Countries have long focused on GDP as the best proxy to measure well-being. However, governments are increasingly interested in subjective indicators for a more holistic understanding citizen well-being. More...
OECD Economic Outlook 2016 sees global economy stuck in low-growth trap unless policymakers act now to keep promises
By admin. Continuing the cycle of forecast optimism followed by disappointment, global growth has been marked down, by some 0.3 per cent, for 2016 and 2017 in the 2016 OECD Economic Outlook since the November 2015 OECD Interim Economic Outlook and the global economy is set to grow by only 3.3 per cent in 2017. More...
Game Changing Trade Regulations in US Shake Up Corporate Supply Chain Responsibility
By Roel Nieuwenkamp. In July 2015, The New York Times published an article about forced labor on Thai fishing boats. In the article they follow the story of Lang Long, a man who was shackled by the neck, working for 3 years as a slave at sea. More...