News Archives » corporate social responsibility
Interfaith Center For Corporate Responsibility: Celebrating A Legacy And Renewing A Promise! October 12th, 2011
Seamus Finn’s latest blog on Huffington Post looks at the 40 year legacy of the Interfaith Center on Corporate Responsibility (ICCR):
“In 1971 a small group of believers decided to establish the Interfaith Center for Corporate Responsibility to facilitate and coordinate their efforts to engage and challenge US corporations who had a presence in South Africa. The apartheid system of government was already well entrenched and they were searching for tools and opportunities that could join the chorus of advocates that were working to dismantle the apartheid system. Their objective was very simple; ask and advocate that US companies withdraw from South Africa and therefore deprive the government of any of the products or tax revenues that enabled their system of government to continue.”
Restore Faith in the Markets August 17th, 2011
Bipartisan Bill on Human Rights Risks in Supply Chains August 16th, 2011
On August 1, 2011, Congresswoman Carolyn Maloney (D-NY) introduced the Business Transparency on Trafficking and Slavery Act (H.R. 2759). If enacted into law, the bill would require companies to disclose efforts to identify and address the risks of human trafficking, forced labor, slavery, and the worst forms of child labor in their supply chains. The bill is co-sponsored by Rep. Christopher Smith (R-NJ), the Chairman of the US House Subcommittee on Africa and Global Health.
H.R. 2759 would require companies to include such disclosures in their annual reports to the Securities and Exchange Commission (SEC). Disclosure would include policies to identify and eliminate risks of forced labor, slavery, human trafficking, and the worst forms of child labor within their supply chains. It would also require suppliers to certify that materials incorporated into the products comply with laws regarding the above issues in the country or countries in which they are doing business.
The disclosures would be available on the SEC and company websites. The bill has been referred to the House Committee on Financial Services for further legislative consideration. Stay tuned to the JPIC website for updates on this important legislation.
Help Celebrate ICCR’s 40th Anniversary! August 12th, 2011
Please join us in New York on September 22nd for ICCR’s Special Anniversary event!
ICCR Members call for Corporate Governance Reform at News Corp August 9th, 2011
In the wake of the Newscorp scandal, faith-based investors – led by Christian Brothers Investment Services – are calling for corporate governance reform at the media giant. In a letter sent on Friday to Sir Roderick I. Eddington, News Corp.’s lead independent director, expressing concern about Mr. Murdoch remaining chairman and CEO as well as other governance issues. The signers “will support the ‘floor’ resolution” to split the roles, said Father Seamus Finn, a board member of the association of faith-based institutional investors.
Read the ICCR statement on News Corp
