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What does 2019 hold for corporate accountability?

Friday, February 22nd, 2019

Louise Eldridge, CORE Policy and Communications Officer

50 people from NGOs, academia and law firms gathered at The Foundry in London on Wednesday 13th February for CORE’s annual partners’ meeting. Below is a brief summary of the very wide-ranging expert presentations given on the day.

Human rights defenders (HRDs): the heroes and[…]

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New report demonstrates significant flaws in corporate sustainability reporting across the EU

Friday, February 8th, 2019

Louise Eldridge, CORE Policy and Communications Officer

A new report published today by the Alliance for Corporate Transparency Project – of which CORE is a member – shows that companies in the UK and across Europe are failing to report meaningful information about their impacts on society and the environment.

The Alliance for[…]

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Reforming corporate “purpose”: is it enough?

Wednesday, November 7th, 2018

Louise Eldridge, CORE Policy and Communications Officer

The protection of human rights and the environment from corporate abuse is a serious challenge in the 21st century. But will redefining the “purpose” of corporations ensure that their actions align with the interest of people and planet?

Last Thursday, I joined over a[…]

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Pay Ratios On Their Own Are Not Enough

Friday, July 13th, 2018

On 11 June 2018, the Government tabled new reporting requirements for large companies. Companies will now have to publish the ratio between their CEO pay and the pay of their average worker.

The new law also requires directors to report on how they have had regard to the interests of other stakeholders, including employees and[…]

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NGOs Call on Unilever CEO to Match Rhetoric with Action

Friday, April 20th, 2018

CORE, and NGOs REDRESS, Kituo Cha Sheria and the African Coalition for Corporate Accountability, have written to Unilever CEO Paul Polman to express their concern with how Unilever is handling a case brought by tea workers in Kenya who suffered horrific abuses under their watch.

Unilever UK argue that they have very little to do with[…]

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Mind the Corporate Transparency Gap

Wednesday, April 4th, 2018

The Home Secretary says there are ‘no excuses’ for businesses not to meet the gender pay gap reporting deadline. It’s time for Government to send the same message on modern slavery.

Today all private sector companies with 250 or more employees must have published details of their gender pay gap. Last week the deadline passed for[…]

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Government Consultation Not Addressing Need for Fundamental Corporate Governance Reforms

Tuesday, March 20th, 2018

Sanctions for asset stripping and individual director accountability for presiding over corporate failures are long overdue. But too many company boards continue to prioritise short-term profit over long-term value creation. A positive obligation on directors to take steps to prevent serious impacts on employees, suppliers, customers,[…]

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BiD Take Legal Action Against UK Government to Designate G4S ‘High Risk’ Supplier

Friday, February 16th, 2018

Yesterday, Leigh Day solicitors acting on behalf of Bail for Immigration Detainees (BID) launched formal legal action against the UK government in an attempt to force it to designate security company G4S a ‘High Risk’ strategic supplier in the wake of a number of catastrophic failings.

These failings, many of which were highlighted[…]

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Corporate governance reform or business as usual?

Tuesday, August 29th, 2017

Today the Government published its response to the Corporate Governance Green Paper consultation.

Over the weekend, proposals on executive pay captured the headlines. Government has backed away from giving shareholders a binding vote on executive pay, but plans instead to establish a public register of companies that have experienced a shareholder revolt – defined as a one-fifth vote against proposed top pay packets.

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2017 Manifestos: what parties are promising on corporate accountability

Wednesday, May 31st, 2017

In the run up to this year’s general election, the three main UK-wide political parties have now unveiled their manifestos.

There are many commonalities across three, with parties professing a desire to confront labour abuses such as modern slavery, and respond to new labour vulnerabilities driven by the “gig economy” and zero hour contracts. However, there are some notable differences on Brexit, corporate governance and the use of procurement to encourage better practice.

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