“Commercial Awareness Is Global.”
Human nature is complex. Even if we do have inclinations toward violence, we also have inclination to empathy, to cooperation, to self-control. – Steven Pinker Violence is sadly a part of the human condition but so too is peace and conflict resolution. Finding practical, pragmatic, innovative workable solutions to the former through the latter is one of the pressing issues
By Charles Wanguhu The Alien Tort Claims Act was adopted in 1789 as part of the original Judiciary Act. The Alien Tort Claims Act (ATCA) allows foreign victims of human rights abuses to sue perpetrators in United States courts. In a recent development in Kiobel v. Royal Dutch Shell, the the 2nd U.S. Circuit Court of Appeals rejected outright
By Charles Wanguhu Churches are once again taking the lead in ethical investing. A short while ago I wrote about the catholic church pulling out of a fund which was found to have investments in defense, contraception and other companies contrary to the catholic faith. Consequently the Church of England has sold its £3.8 million stake in Vedanta Resources,
By: Ainsley Brown “Gimme a break, gimme a break, break me off a piece of that Kit Kat bar,” has taken on a new meaning in the UK as Kit Kat ‘breaks off’ some cash cocoa to farmers. Nestlé, the Swiss makers of Kit Kat, has announced that the very tasty chocolate snack as of mid-January will become a Fair
By Charles Wanguhu Financial institutions offering Ethical investment in practice exclude companies with interests in armaments, oppressive regimes, nuclear power, tobacco, vivisection, gambling, alcohol and pornography. Environmental (and ethical) investments also aim to invest in companies with positive effects on the environment. Characteristics of such companies include but are not limited to: socially responsible, environmentally conscious companies, and equal opportunity
By Charles Wanguhu A report by the Economist Intelligence Unit indicates that protecting a firm’s reputation is the most important and difficult task facing corporations. With the development of global media and communication channels, managing reputational damage is seen as crucial with events undertaken in even the remotest areas affecting the international brand of a corporation. For Shell the stark
This article is reproduces with the permission of the author and can be found on AccountancySA (South Africa´s leading Accountancy Journal). There is no doubt that the world we knew before the global economic meltdown will not return. The causes of the meltdown will not disappear, and lurking behind them is another set of even more fundamental issues facing humanity.
29th April 2009 By Charles Wanguhu Corruption only offers two instances for regulators to step in: at the looting stage where the individuals may seek bribes, dispose of public resources or subvert funds. In an ideal world they are then charged and any monies returned. The second stage is at the laundering stage, where the monies are placed into the
By: Ainsley Brown It is situations like these that simply go to fuel the general public distain for multinational. I guess the one positive thing that comes out of this and other similar situations is that it provides ample material for Michael Moore– esque films – just great entertainment. Despite the entertainment value of such films they often depict the
By Charles Wanguhu In early 90’s Nike suffered a huge backlash from the revelations of child labour in use in its factories abroad there was a drive to ensure that clothing was environmentally sound. In early 2000 a push for carbon footprint labelling ensured that the consumer was conscious of the effect of their consumption habits on the climate. In