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Governance News from Manifest - ISSN 1745 - 1132

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April 07 Edition

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Best Practice & Ethics

Companies failing children by violating corporate responsibility codes

Leading companies are failing millions of children by violating voluntary corporate responsibility codes, which by themselves are proving wholly inadequate as a means of improving children’s lives, a report by Save the Children and The Corporate Responsibility (CORE) Coalition has found. More >>

European Parliament supports more action on CSR

The European Parliament has backed plans to allow victims of European companies’ social and environmental actions to seek redress through national courts by approving a report on corporate social responsibility (CSR).

More >>

HSBC criticised for arranging listing of logging company

HSBC has been accused of violating its own forest sector guidelines by arranging the Hong Kong listing of Samling, the Malaysian timber giant accused of destroying tropical forests and abusing local communities. More >>

Developing countries deserve share of oil wealth

The US government and international oil companies must take a stand against corruption by requiring all energy companies to disclose the revenue payments they make to governments, campaigning group Global Witness has urged.

More >>

Women from ethnic minorities lose out at work

Pakistani, Bangladeshi and Black Caribbean women experience significant difficulties in getting jobs and progressing within them, and tend to be segregated into certain types of work, a two year investigation by the Equal Opportunities Commission (EOC) has discovered. More >>

Vodafone tops ACCA's sustainability reporting awards

Vodafone has won the Association of Chartered Certified Accountants’ (ACCA’s) 2006 award for best sustainability report, but the excellent practice it represents seems to be among the exceptions rather than the rule. More >>

Briefs .....

Financial and professional services firms performed well in the recent Sunday Times' ranking of the best large companies to work for in the UK. US financial giants Goldman Sachs and Morgan Stanley took the first and third spots while KPMG was ranked at number two. More >>

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