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In a remarkable testament to the power of ethical advocacy and shareholder action, the Accountability Board has secured a pivotal victory against Jack in the Box. By persuasively winning a shareholder proposal that compels the company to acknowledge its greenhouse emissions and commit to meaningful reductions, this group has highlighted the urgency of addressing climate change and reinforced the importance of corporate accountability in environmental sustainability. This achievement is particularly striking given the historically low pass rate of such shareholder proposals. The U.S. lags far behind Europe in its standards for egg-laying hens. The kind of cages that most U.S. laying hens live in have been banned in the entire European Union for more than a decade. Still, according to US Dept of Agriculture figures, 40% of egg-laying hens are now cage-free, up from 3% in 2008. But remember, “cage-free” is very far from “pasture-raised” or “free range” The hens in cage-free systems get to move around a large shed, but they are still very crowded, and never get out into fresh air and sunlight. Despite the inadequacies of cage-free systems, I extend my congratulations to the Accountability Board and Josh Balk, for their unwavering commitment and success. This victory not only sets a precedent for future engagements with corporations on environmental and ethical issues but also serves as a beacon of hope and motivation for all of us committed to fostering a more ethical, sustainable world.

We have kicked off our Melbourne Driving the Change conference with an insightful keynote from Melissa Donnelly and The Hot Topic panel on ethics, trust and the management of professional services brands.   A key theme of this panel discussion was around the important of maintaining a balance between being commercial and doing the right thing. Panel takeaways: Dr Murray Mckeich, RMIT said that putting together a business case and cost benefit analysis will help to make sound decisions. Amanda Fong, Intent Advisory, said make sure you’re assessing both the long term and short-term gains – what are the employee, client, shareholder values now but also for the future Abigail Forsyth OAM, KeepCup said: “we’re all in the business of making decisions about changing the future” #DrivingtheChange #ICONAPAC #ICONConference2023

Great progress has been made for the environment and human rights in European law. The EU has passed the CSDDD, but what exactly does this mean? 🔍 The CSDD ensures companies take responsibility for their own, and other companies in their supply chains’ behaviour. This regulation plays a crucial role in raising the bar for all businesses, accelerating change and holding companies to higher standards. The change was pushed for by #BCorp and Better Business Act coalition member Tony's Chocolonely, member of the European Parliament Lara Wolters and the Interdependence Coalition (a campaign led by B Lab Europe). This demonstrates the power businesses can have in lobbying for change, now it's time for the UK to step up and follow suit. 🙌 Read more about the CSDDD in Tony's Chocolonely's blog. 👇 https://lnkd.in/e-99DHvh

The #CSDDD is back on the EU's voting agenda this Wed. We've seen an outpouring of support for the Directive over the last two weeks, from businesses, investors, NGOs, sustainability professionals, and civil society. It's time! 🙂 #sustainability #EU #CS3D #hrdd #hredd

Happy to share my reflections on our 4-year journey implementing Bonsucro's Code of Conduct, reviewed in 2020, and how it helped improve accountability and Human Rights due diligence for Bonsucro and its members. Read more about our experience here: https://lnkd.in/d8uACUWy #humanrights #HRDD #duediligence #UNGPs

What does it mean to be an ethical business in a complex world? Brands are finding themselves facing increasingly challenging moral and ethical choices. Boards need to answer questions like how to respond to the break out of war between two of their markets and how to ensure fair labour rights and universal environmental standards across vast supply chains. With such turmoil in world events, ‘ethical business practices’ is holding pretty steady in our top 50 Global Causes That Count 2023 report. Transparency can be an invaluable tool for communicating these difficult choices, when and how to use it will need to become a stronger muscle for most businesses.

🚨 UPDATE: VOTE POSTPONED -------- 🌍✨ Big day for sustainability and human rights: the EU Corporate Sustainability Due Diligence Directive vote ✨🌍 Today marks a pivotal moment in the journey towards a more sustainable and ethical business landscape. As business leaders, we stand at the brink of a significant decision by EU Member States that will shape the future of corporate accountability and responsibility. 🚀 🔍 Why 9th February matters? In Brussels today, the Council of the European Union meets at the Permanent Representatives Committee (COREPER) to decide the fate of the EU Corporate Sustainability Due Diligence Directive (#CSDDD), a key vote for the adoption of the Directive (pending only a vote on the text by the European Parliament and a final vote in a few months in plenary). This directive mandates crucial human rights and environmental due diligence for companies, a crucial step towards fostering transparency and accountability in global value chains. 🔄 🔵 The urgency of action Despite the tireless efforts to reach a consensus, recent developments hint at potential setbacks. The German Government's last-minute hesitation threatens to stall progress. However, the significance of today cannot be overstated. We must rally together to ensure the adoption of the CSDDD, transcending national boundaries for a shared commitment to sustainability and human rights. 💪 🌟 What's at stake? The CSDDD holds the potential to be a changemaker in the way businesses operate, embedding ethical considerations into their core practices. By embracing mandatory due diligence, companies can mitigate risks, enhance transparency, and provide access to remedy, ultimately contributing positively to society and the environment. It also addresses gaps in #HREDD regulation across the EU as some countries such as Germany, Norway and France already have their own laws in place. 🌱 🚀 What comes next? The decision made today will echo far beyond the confines of Brussels. If approved, the CSDDD will pave the way for a new era of responsible business conduct, affecting EU and non-EU companies operating in the market as well as suppliers, business partners, and workers. However, failure to seize this opportunity risks derailing progress and jeopardising our mammoth collective efforts - across government, business, and civil society - towards more accountability for environmental and human rights abuses across global value chains. It will hinder the requirement for effective due diligence to safeguard the most vulnerable in our globalised economy as part of the just transition and, therefore, the possibility of a more sustainable future. 🌏 I'm staying optimistic for the approval of the CSDDD. It would be a huge step towards a future where business can thrive in harmony with people and the planet, in a more responsible, fair, just and transparent manner. 💼✨ #CS3D #sustainability #bizhumanrights #humanrights #ethicaltrade #esg #hrdd #csr #responsiblesourcing

#FSCATalks Following DE Van Deventer's presentation on the full Regulatory Actions report, Deputy Commissioner Kathy Gibson explains the Authority's strategic focus and risk-based approach to enforcement & regulation. She outlines three considerations to industry and the public: 1. The role of the FSCA and how it uses global regulatory best practice to inform its approach, interventions and enforcement focus. 2. Culture & Ethics - financial organisations and reps should drive not only providing customer-centric products and services, but also ESG considerations in their conduct . 3. Sectoral collaboration and cooperation to achieve positive outcomes - The FSCA seeks to guide and engage industry.

From farm to fair-trade, we're redefining sourcing one partnership at a time. Because ethical isn't just a label, it's a commitment. Join us in revolutionizing the industry. #SourcingSustainability #EthicalEconomy"

The Corporate Sustainability Due Diligence Directive (CSDDD) stands as a beacon for fair and equal regulations, aiming to deter human rights abuses and environmental harm among corporations. In light of the impending German abstention in the EU Council vote on CSDDD, 24 prominent companies and networks, including ALDI SÜD, Bayer, and the Global Network Initiative, have jointly urged the German Chancellor to secure the compromise reached in December 2023. This collective plea from businesses underscores the paramount importance of CSDDD, signaling its significance beyond governmental circles to corporations worldwide. The warnings underscore the far-reaching implications of this decision, not only for Germany's standing within the EU but also for the pursuit of a more equitable future. Failing to pass the CSDDD represents a significant regression in the EU's sustainability efforts. #csddd #euregulation #sustainabilitymatters