Forum on Responsible Mineral Supply Chains

Gold Rush Fuels DR Congo CrisisThe OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas provides detailed recommendations to help companies respect ‌human rights and avoid contributing to conflict through their mineral purchasing decisions and practices. The guidance has been developed with the active participation of business.

Members of the Business and Industry Advisory Committee (BIAC) to the OECD will participate in the upcoming Forum on May 10-12, which will focus on compliance and implementation of the OECD Due Diligence Guidance and other initiatives to enable responsible mineral supply chains. The agenda as well as the OECD Due Diligence Guidance are available on the OECD website.

USCIB Participates in World Day for Safety at Work

Work-related accidents are among the top five leading causes of death around the world. Every year, 2.3 million workers die from injuries sustained on the job. Two million of these deaths are due to diseases including stress.

To respond to this challenge, the United Nations 2030 Agenda for Sustainable Development has set a specific target on promoting safe and secure environments for all workers. On April 28, the UN convened a special event in New York to discuss global initiatives for addressing safety at work.

Ronnie Goldberg, USCIB senior counsel, was a speaker at the event along with Reinhard Krapp (German Mission to the UN), Nata Menabde (World Health Organization), Edmundo Werno (International Labor Organization) and Alison Brown (Cardiff University). The panel was moderated by Vinicius Carvalho Pinheiro, ILO special representative to the UN.

Goldberg gave the business perspective on work-place safety, noting that occupational safety is a key business issue as it is inked to productivity and the competitiveness of enterprises. She said that proper and adequate supply chain management is a priority for companies, and hundreds of sector-specific initiatives exist to promote workplace safety along the supply chain.  Capacity building is also of critical importance to improve working conditions, she said, both for government institutions and companies.

“Employers recognize that creating a culture of prevention is a win-win for all parties,” Goldberg noted. “The IOE is committed to continue participating in the discussion on improving working conditions in supply chains as well as the development of the Vision Zero Fund.”

USCIB Statement: Setting the 2030 Sustainability Agenda In Motion

un_headquarters_lo-resNow more than ever, business and the global community share a common goal of advancing economic development and sustainability while effectively addressing climate change. This week in New York, governments, business and civil society are gathered to move forward on the landmark decisions of 2015. Through USCIB’s Campaign2015, USCIB and its members supported and informed the decisions of Addis, Paris and New York.  This week our message is clear — it is time to get to work!

Together we have an opportunity to design and carry out promising solutions for the world’s economy and governments, reflecting the UN 2030 Development Agenda and Sustainable Development Goals (SDGs) – and the conviction that business and governments should work together to address global challenges.  These universal agendas speak to everyone, including the business community. USCIB will approach these imperatives holistically, working with our global business network, the U.S. and other governments, and numerous other partners.

USCIB members are committed to advance the vital outcomes of Addis, New York and Paris, both those that have been decided, as well as those requiring further discussion and elaboration.

Addressing the challenges of sustainability demands new ways of working together, through partnership and enhanced engagement between governments and business.  We understand that the real effort is now beginning, as governments determine working details and put commitments into action.  In business, we too are moving to define priorities for further elaboration and what it will take to mobilize and scale up business investment, innovation and action going forward.

Our joint priorities should include:

  • Strengthening specific and distinct business interfaces to the UN system, such as the Private Sector Coordinating Group for FfD, the HLPF and to the UNFCCC and its bodies, such as the Technology Mechanism and Green Climate Fund
  • Tapping business expertise to catalyze and design enabling frameworks for, among other things, research, development, deployment and management of efficient and low-carbon technologies, investment, trade, finance, MRV, adaptation, risk management, and frameworks to promote effective, inclusive and efficient results.

We welcome the UN’s willingness to work in partnership with business so that we can build solutions to energy security, lower carbon development and sustainable economic growth together. USCIB’s platform, Businessfor2030, highlights the fundamental role business will play in helping to achieve the SDGs and 2030 Agenda for Sustainable Development

USCIB and its members are ready to demonstrate what we are ready to bring to this global effort, and look forward to working with governments, the UN community and society as a whole.

Read more about USCIB’s 2015 activities in support of the UN 2030 Development Agenda

UN 2030 Development Agenda Week

Norine Kennedy and Peter Robinson speak at a press conference on December 9 at COP21 in Paris.Norine Kennedy and Peter Robinson speak at a press conference on December 9 at COP21 in Paris.

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Norine Kennedy and Peter Robinson speak at a press conference on December 9 at COP21 in Paris.

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L-R: Amina Mohammed (UN), Peter Robinson (USCIB), Alex Thier (USAID). Shawn Miles (MasterCard) and moderator Matthew Bishop (The Economist).

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Ronnie Goldberg unveils the Business for 2030 website at the Global Employers’ Summit in Bahrain.

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Business & Climate Summit 2015, ICC Secretary General John Danilovich.

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Business & Climate Summit 2015, ICC and USCIB Chairman Terry McGraw.

L-R: John Danilovich (ICC), Christiana Figueres (the UN Framework Convention on Climate Change) and Terry McGraw (ICC).L-R: John Danilovich (ICC), Christiana Figueres (the UN Framework Convention on Climate Change) and Terry McGraw (ICC).

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L-R: John Danilovich (ICC), Christiana Figueres (the UN Framework Convention on Climate Change) and Terry McGraw (ICC).

As United Nations members gather in New York to sign the Paris Climate Agreement and discuss follow-up on the Sustainable Development Goals (SDGs) agreed last year, we thought it timely to recap some of the activities USCIB and its global network undertook in 2015 in support of these pivotal initiatives:

Read USCIB’s Statement: “Setting the 2015 Sustainability Agenda In Motion

North American Regional Consultation on Climate Change

USCIB convened the North American Business Consultation  on Climate Change on June 23 in Washington, D.C.; this session, organized with the International Chamber of Commerce, the Canadian Chamber of Commerce and the International Emissions Trading Association, highlighted U.S. and Canadian business priorities for the U.N. climate agreement to be finalized in Paris this December.

In his opening comments to the day-long conference, with over 80 participants including government officials, business leaders, United Nations delegates, and academics, USCIB’s President and CEO, Peter Robinson stated: “USCIB has followed climate change for 20 plus years, and while the issues have evolved, become broader, been through ups and downs in the U.N. negotiations, it has remained a priority for member companies.  And en route to Paris, we see it evolving again, to include a strong element of corporate citizenship and social equity.”

Financing the Sustainable Development Goals

Last year, the United Nations agreed to an ambitious 2030 Sustainable Development Agenda, a grand vision for sustainability that will reshape the practice of development globally, as well as the private sector’s role in building a more prosperous, healthy world. USCIB is deeply engaged in all aspects of Agenda 2030, advocating for good governance and the rule of law, inclusive economic growth, investment in infrastructure, enabling environments to foster innovation, strong public-private partnerships and above all, an open channel for business input into policy negotiations and implementation at the international and national levels.

USCIB has played a central role in marshaling business input into the UN’s Financing for Development process, having worked actively with members and our global network to ensure that the private sector’s voice was heard at the Third International Conference on Financing for Development last July, where UN member states established a new financing framework to support sustainable development for the next 15 years – the Addis Ababa Action Agenda. The new financing framework is generally positive for business, with policies that include an emphasis on governance and domestic resource mobilization, support for blended finance and a move away from an overly-narrow focus on official development assistance. USCIB is also actively engaged in the first follow-up and review of this new framework Financing for Development conference, participating in several high-level events during the ECOSOC Forum on Financing for Development in New York, April 18-21. USCIB also raised and continues to monitor intellectual property and tax concerns as part of the financing for development process.

Business for 2030

In September 2015, USCIB officially launched its well-received Business for 2030 web portal, a catalog of business engagement that showcases the private sector’s contributions to the SDGs. Business for 2030 features over 140 initiatives from 35 companies in over 150 countries of how businesses are helping to achieve 72 of the 169 SDG targets. In addition to educating the business community about the 2030 Agenda for Sustainable Development and the SDGs, the website highlights concrete initiatives and public-private partnerships to inspire renewed trust in the private sector, and to catalyze sustained and active business engagement in the 2030 Agenda for Sustainable Development. Through its blog and Twitter presence, the site also targets business perspectives to the UN community to sensitize them to business perspectives on SDG priorities and implementation.

USCIB Represents Business at Cool Earth Forum in Tokyo

USCIB attended the 2nd Innovation for Cool Earth Forum (ICEF2) on October 6-7 in Tokyo.  ICEF2, convened at the initiative of Japanese Prime Minister Shinzo Abe, focused on promoting technological innovation as a means to address climate change. The two-day forum brought together 1,000 researchers, business representatives and policymakers from around the globe to present a broad range of innovative technologies, and discuss what innovative measures should be developed, how the innovation should be promoted, and how cooperation and public private partnership should be enhanced.

At High-Level Summit, Business Representatives Urge Ambitious Climate Pact

Private-sector representatives from around the world endorsed the conclusion of an ambitious and comprehensive worldwide agreement to reduce greenhouse gas emissions and strengthen resilience, while advancing energy access and security in the context of sustainable development.

During a December meeting at the headquarters of the French business federation. MEDEF, company executives and business federation officials from more than 20 countries agreed on a joint declaration stating: “Climate change is a common responsibility for all stakeholders, including for businesses in every part of the world, of every sector and every size, large groups and SMEs.”

United Nations Paris Climate Agreement (COP21) 

In December 2015, the United Nations concluded what was possibly the most important environmental meeting in history, when 194 countries agreed to a long-term climate treaty designed to curb global greenhouse gas emissions. The climate negotiations in Paris (COP21) saw unprecedented support and involvement from the business community, with USCIB and member companies on the ground at COP21 to demonstrate their commitment and stake in the accord.

Thanks to sustained advocacy from USCIB and other business organizations, the final climate agreement recognizes the need for enabling investment frameworks in global markets, as well as policies necessary to mobilize business innovation across all borders. Innovation, enabling frameworks for cost effective and scientifically sound policy design, and the need to work with business in partnerships are priorities for USCIB’s ongoing involvement in UN environmental work.

ILO Will Review MNE Declaration

The International Labor Organization’s (ILO) 1977 Declaration of Principles concerning Multinational Enterprises and Social Policy (MNE Declaration) provides guidelines for regulating the conduct of global businesses and defines the terms for their relations with workers and host countries in the developing world. The ILO Governing Body has recently discussed the possible review of the declaration, which was last updated in 2006, with some groups pushing for a full revision of the text that could include additional burdens and obligations on businesses.

While the business community, represented within the ILO by the global employers’ group facilitated by the International Organization of Employers (IOE), supports the MNE Declaration and recognizes the importance of updating it to reflect recent developments – such as the endorsement of the United Nations Guiding Principles on Business and Human Rights – the employers’ group does not believe a more comprehensive revision of the declaration would be needed.

During a meeting of the ILO Governing body this week, the employers’ group warned against any excessive revision of the declaration for the following reasons. First, any major changes to the declaration could create a conflict between it and other international regulatory texts, such as the OECD Guidelines on Multinational Enterprises, which has a chapter on Employment and Industrial Relations that is already carefully aligned to the existing text of the MNE Declaration. Significant changes to the MNE Declaration  could create confusion for OECD member states and the companies subject to the Guidelines’ recommendations, which were substantially revised in 2011 after much multistakeholder discussion. Second, the employers noted it is unrealistic to believe that the text can be fully updated in just one year, in time for the 40th anniversary of the declaration in 2017. Finally, the employers’ group argued that given the ILO’s limited resources, money should be invested in essential work in the field, rather than formal bureaucratic procedures in Geneva.

Although the employers called for a limited revision of the declaration to be executed by the ILO Secretariat, the ILO governing body agreed to undertake a full revision of the Declaration through a tripartite working group over the coming year, with the aim of completing the update in time for the text’s 40th anniversary. However, the employers’ group was able to negotiate a clause in the text regarding the structure of the tripartite working group, which underlines that the tripartite working group will make its decisions by consensus. This provision will give the employers considerable leverage as the process unfolds.

More information on the ILO’s decision can be found on the IOE’s website.

USCIB Webinar Series: Bretton Woods II, March 23

Globe with Money UnderneathUSCIB will host a webinor on Bretton Woods II, New America’s multi-stakeholder platform for reducing global volatility, which will take place Wednesday, March 23 from 11:00 a.m. – 12:00 p.m. EST. This will be the third webinar in the USCIB Corporate Responsibility series; please see below for further information on the series.

To register, please fill out the registration form here.

The non-partisan BWII, led by Tomicah Tilleman, is working with a large coalition of organizations – including the White House, the World Bank, McKinsey, Gates Foundation, and a range of long-term asset holders – to demonstrate that large long-term financial actors (institutional investors like pension funds and sovereign wealth funds) can significantly increase their long-term returns by dedicating a percentage of their holdings to investments that address root causes of volatility, i.e. poverty, corruption, poor governance and the lack of rule of law. Such directed investments can also improve investment climates in countries throughout the world in ways that have a multiplying effect for multinational enterprises. BWII also presents an opportunity for companies with unique competencies to lend their talents to this important endeavor.

Featured speaker

Tomicah Tillemann is a leader in the fields of social impact, civic innovation, and diplomacy. He currently serves as Senior Fellow and Director of New America’s Bretton Woods II.

Between 2010 and 2014, Tillemann served under Hillary Clinton and John Kerry as the Secretary of State’s Senior Advisor for Civil Society and Emerging Democracies. Tillemann led a team of experts that operated like venture capitalists in translating promising ideas and technologies into successful foreign policy. He also established and chaired the State Department’s Global Philanthropy Working Group and the State Department’s Federal Advisory Committee on civil society.

Tillemann joined the State Department in 2009 as Secretary Clinton’s speechwriter and collaborated with her on over 200 speeches. Previously, he spent four years on the professional staff of the Senate Foreign Relations Committee as an advisor to Chairmen Joe Biden and John Kerry. Tillemann’s other professional experience includes work with the White House, five U.S. Senate and Congressional campaigns, Reuters New Media, and the World Bank.

Tillemann is a co-holder of four patents on advanced clean technologies and a co-founder of IRIS Engines. He serves on the Advisory Board of BitFury, the world’s largest provider of blockchain infrastructure, and has helped launch and lead numerous civil society organizations and foundations. He received his B.A. magna cum laude from Yale University and holds a Ph.D. with distinction from the School for Advanced International Studies at Johns Hopkins University (SAIS). He has lectured at Yale and Princeton and testified repeatedly before Congress. He is a frequent guest on the BBC, NPR, and other news outlets.

USCIB Proud to Sponsor Global Partnerships Week 2016

Business for 2030

New York, N.Y., March 1, 2016 – The United States Council for International Business is supporting next week’s Global Partnerships Week, an annual series of events in Washington, D.C. on public-private partnerships that for government, business and development professionals, organized by the U.S. Department of State, USAID and Concordia.

“Partnership among diverse stakeholders is essential to achieving the United Nation 2030 Development Agenda and many other shared objectives,” said USCIB Vice President Ariel Meyerstein. We are delighted to provide private-sector business support to this timely and informative series of events.”

USCIB will sponsor a breakout session during the week’s kick-off event on March 7, the Global Practitioners’ Forum as well as the event’s cocktail reception. The panel discussion will focus on “Making the Business Case with Social Metrics,” and will include representatives from USCIB member companies Citi, Microsoft and Nestle.

Global Partnerships Week brings together leaders from the public, private and nonprofit sectors working in diplomacy, development and peace-building to share best practices in the creation and implementation of cross-sector collaborations. This year’s keynote speakers include John Brennan, director of the Central Intelligence Agency, and Abigail Disney, filmmaker and philanthropist.

USCIB’s Business for 2030 web portal serves as a platform for companies and business organizations to showcase partnerships and other activities that advance the UN’s 2030 Development Agenda. Launched last year, the portal features examples of private-sector engagement with the UN Sustainable Development Goals (SDGs), with the goal of stimulating more productive partnerships between the public and private sectors in support of the SDGs.

“In less than a year, Business for 2030 has grown into a vibrant, trusted and widely recognized platform for the development community,” said Meyerstein. “Thanks to strong support from our members and other stakeholders, we will be further growing the portal throughout 2016.”

USCIB serves as the voice of American business in the UN and other multilateral bodies, primarily through its role as the American affiliate of several global business groups, including the International Chamber of Commerce.

About USCIB:
USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and regulatory coherence. Its members include U.S.-based global companies and professional services firms from every sector of our economy, with operations in every region of the world. With a unique global network encompassing leading international business organizations, USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More at www.uscib.org.

Contact:
Jonathan Huneke, USCIB
+1 917.420.0039, jhuneke@uscib.org

More on USCIB’s Corporate Responsibility Committee

Reforms Make Myanmar Open for Business

Dawn in Bagan

Over the past several years the Obama administration has engaged the government of Myanmar to advance a range of political reforms aimed at strengthening the country’s rule of law and economy. Steps taken by the United States to normalize relations with Myanmar, including lifting an import ban, have brought tangible benefits to the people of Myanmar as well as to American companies, who have made positive contributions to Myanmar society through their high standards of corporate social responsibility.

On February 18, USCIB joined four other business groups urging U.S. cabinet officials not to renew sanctions against Myanmar in light of the country’s recent democratic reforms. Myanmar held elections last year that neutral observers noted were free and fair. Given this progress, the U.S. business community believes expanded economic relations with Myanmar are appropriate. Remaining sanctions should be eliminated, the business groups argued, because they create uncertainty for investors.

“The remaining U.S. sanctions are a significant reason why U.S. investment in Myanmar remains modest and Myanmar entrepreneurs cannot truly take advantage of their putative access to the American market,” USCIB and the other groups said in a statement. “By contrast, virtually all other countries that had previously maintained sanctions against Myanmar have removed them entirely, placing U.S. companies who wish to invest in Myanmar or otherwise support engagement at a unique disadvantage.”

The statement concludes that not renewing sanctions against Myanmar would signal the beginning of a new relationship with a country that has made substantial progress toward improved governance and the rule of law.

OECD: Increase Private Investment in Developing Markets

Global_Development_ChartThe United Nations estimates that the world will have to contribute over $4 trillion annually to finance the Sustainable Development Goals. It is clear that official development assistance from public coffers will not be enough to meet this daunting financing challenge. Private investment will not only be welcome, but indispensable for moving from “billions to trillions” in development finance.

Recognizing the much-needed role of business in this effort, OECD governments agreed last week at the High-Level Meeting of the OECD Development Assistance Committee (DAC) to enable greater private-sector investment in developing markets.

“The successful implementation of the Sustainable Development Goals will hinge to a large extent on the mobilization of private investment,” commented Marie Gad, vice chair of the BIAC Development Committee. “And to make that happen, the DAC is breaking new ground to create an enabling environment and help mitigate the risks facing foreign and domestic businesses investing in developing markets.”

Key elements agreed by OECD DAC member governments include:

  • A new OECD DAC work program to focus on good practices for providing concessional public international finance (such as loans, guarantees, equity holdings, and mezzanine finance) to investment projects in developing economies in order to attract international private capital.
  • A set of principles for the measurement of official development assistance designed to reflect the effort of donors in providing the right incentives and removing disincentives for instruments that engage private-sector investment.
  • A new measure that will track the Total Official Support for Sustainable Development (TOSSD), which will be agreed by October 2016, after which initial data collection will get underway in 2017, leading to a report to the UN 2030 Development Agenda implementation review in 2019. TOSSD will measure – and help encourage – private-sector financial flows generated through donors’ actions.
  • DAC engagement in the Global Partnership for Effective Development Cooperation will seek to expand the application of the OECD’s Policy Framework for Investment, as well as other OECD tools and analyses, aimed at strengthening the enabling environment for businesses in developing economies.

A number of steps now taken by the DAC correspond with a paper by the Business and Industry Advisory Committee to the OECD released in 2014 “Private Sector Perspectives on Private Sector Financing for Sustainable Development.

Read the Communiqué of the OECD DAC High Level Meeting

USCIB-NYU Stern Fellowship in Business and Human Rights

In order to run companies successfully, business leaders must have an awareness of human rights and corporate social responsibility issues and an understanding of how to confront them. For the second year in a row, USCIB has partnered with the NYU Stern Center for Business and Human Rights to offer first-year MBA students a paid opportunity to work at a multinational company on a business and human rights challenge during their summer. USCIB is inviting member companies to participate in the fellowship program that matches talented NYU Stern MBA students interested in corporate responsibility with USCIB members willing to provide a hands-on summer internship opportunity.

The deadline to apply is February 29, 2016. This year’s participating USCIB members include Facebook, New Balance, Newmont Mining and PepsiCo. All applicants will go through at least two rounds of interviews. First, a number of qualified NYU Stern MBA students will be selected by the Center from a general pool through an application and interview process. Applications of initially selected candidates will then be forwarded to participating companies so they can select which candidates they would like to meet for a second round interview. Each company will be able to make the final decision as to which candidate, if any, to extend an offer.

Last year, two fellows interned with USCIB members PepsiCo and DirectTV Latin America. The fellows discuss their experiences in blog posts here and here, as well as in the video below:

The fellows had very substantive experiences, completing tasks through their internships that contributed directly to key business operations and strategy in the area of CSR, sustainability and human rights