The
Essence of the Code: "Directors shall manage
the corporation in a manner that does not cause damage to the environment,
violate human rights, adversely affect the public health or safety,
damage the welfare of the communities in which the corporation operates,
or violate the dignity of the corporation's employees."
--Model Uniform Code
"GOVERNING
DYNAMICS: The best result would come from everyone in the group
doing the best for himself and the group." John Nash, Noble
Prize Winner, in the movie "A Beautiful Mind"
C4CR envisions
a world in which corporations work for a just, peaceful and sustainable
global society.
Mission Statement
To
transform the legal purpose of corporations to include responsibility
to employees, communities and the environment.
News
New Minnesota Bill for Socially
Responsible Corporations Introduced
February
2007
Chief Authors Senator John Marty and Representative Bill Hilty introduced
the bill as Senate
File 1153 and House
File 404.
The bill creates a new section of law for an alternative kind of corporation,
the SR (socially responsible) corporation.
1. Directors will have an affirmative duty to all stakeholders,
2. Employees and representatives of the public interest will be on the
Board of Directors,
3. Directors will be protected from shareholder suits when they choose
to consider other stakeholders and the public interest,
4. Socially Responsible investors and consumers will know where to invest
their money, and
5. Socially Responsible Companies will be protected from hostile takeover.
Training
in Nonviolent Communication Citizens for Corporate Redesign is integrating
the process of Nonviolent Communication into its internal processes,
its communication with others and its framing, The following training
is available for those who want to learn more about Nonviolent Communication:
Practice Groups
on Mondays, Tuesdays and Thursdays [LEARN
MORE]
Our Bill for Socially Responsible
Corporations Has Been Introduced in Hawaii As HB3118 As of March 2, 2006 the bill has passed two House Committees
in Hawaii. To read the Hawaiian version and check on current status
enter
HB3118 at the HAWAII
STATE LEGISLATURE
site.
Resources
Presented at the May 1, 2004 Living Green Expo by John
Karvel Click to Read the list
of Resource Corporation
2020 Website
A Project of the Tellus Institute and Business Ethics Corporation 2020 is a new, multi-stakeholder
initiative to develop and advocate for corporate designs that sustain
social purpose. The initiative is rooted in the premise that societal
expectations and needs in the 21st century demand a major elevation
in corporate contributions to urgent global imperatives—economic,
environmental, and social. In the face of both peril and promise for
global futures, it is no longer enough to ask, “What is the business
case for social responsibility?” The question, instead, must be,
“What is the social purpose case for business?”
In the past, the debate surrounding the future of the corporation has
been narrowly defined as one between government regulation and free
markets. Corporation 2020 posits a third path: system redesign. It is
a path that recognizes the historical and legitimate public role in
corporate design; the necessity of respecting universal values while
recognizing the drawbacks of unnecessarily intrusive government; and
the ingenuity but intrinsic deficiencies of voluntarism and unfettered
markets. Reaching beyond mainstream corporate social responsibility
(CSR), Corporation 2020 will chart a path that embeds social purpose
in the organizational “DNA” while helping to catalyze and
fortify durable, high-performing enterprises. www.corporation2020.org
What Our Bill For Socially Responsible
Corporations Does To read what the bill accomplishes (in a bullet point
format) please click here.
The Code in the
United Kingdom The Corporate Responsibility Coalition in UK is seeking
to enact a law that is very similar to our C4CR (http://www.corporate-responsibility.org).
Meetings & Engagements
Our Next General Meeting
Monday,
February 25th: 6:30 PM
1716 Atwater Path E., Inver Grove Heights, MN 55077 VISITORS ARE WELCOME.
Come learn about our new bill and how to support it.
See our website for a map: http://www.c4cr.org/nextmeeting.html
Articles
The Story of Stuff With
Annie Leonard
December 2007 "The Story of Stuff with Annie Leonard" is
an engaging new short film that explains the "materials economy"
in 20 fun-filled minutes. The Story of Stuff features Annie Leonard,
amusing graphics, lots of humor, and a complicated analysis presented
in an easy-to-understand conversational tone. http://www.storyofstuff.com/index.html
New Principles
for Corporate Law By
Kent Greenfield, Professor of Law, Boston College Law School
February 16,2005 The fundamental assumptions of corporate law have changed
little in decades. Accepted as truth are the notions that corporations
are voluntary, private, contractual entities; that they have broad powers
to make money in whatever ways and in whatever locations they see fit;
that the primary obligation of management is toward shareholders, and
shareholders alone. Corporations have broad powers but only a limited
role: they are entities that have as their primary objective the making
of money. Not much else is expected or required of them. [READ
MORE]
The Ethical Advantage By
James A. Mitchell, February 2003 According to a Harvard Business School Study, ethical
firms which consider additional stakeholders outperform those which
do not. "Over an eleven-year period, the former increased revenues
by an average of 682% versus 166% for the latter, expanded their work
forces by 282% versus 36%, grew their stock prices by 901% versus 74%,
and improved their net incomes by 756% versus 1%." [READ
"THE ETHICAL ADVANTAGE"]
Let's Change The
DNA Of Corporations By
John Karvel, July 29th, 2002 Why is it that in the law corporations have the single
purpose of making a profit for the shareholders? Isn't it obvious that
there are more stakeholders that make up the corporate community? Analysis
shows that employees are really the major contributors to creating wealth.
The communities in which corporations operate have much to gain or lose,
depending on how responsibly the corporations there operate. And the
environment, our environment, has everything at stake.
President Bush's
Economic Forum Ron
James, August 13 ,
2002 Ron James, CEO of the Center for Ethical Business Culture
in Minneapolis, MN, was able to speak when the President was present.
He told the President "that business leaders
do two things very well". One, "they are concerned about all
of their stakeholders". Two, "they balance long and short-term
trade offs. They create value for the shareholder over the long-term
by serving all of these stakeholders. Reports and studies show that
companies that practice this grow revenues four times as fast, workforce
eight times as fast and stock prices twelve times as fast as companies
that don't. It is not about doing either or. You can do both. You can
create an ethical environment that serves multiple stakeholders but
can insure your are creating value for the shareholders."
[READ
MORE]
The Code for
Corporate Responsibility:
Widening the Perspective of Management A
Paper for Robert J. Milano School of Management and Urban Policy
New School University By
Gili Chupak, May 2004
In this paper, I have researched corporate responsibility.
What is it? How do we get there? And what is blocking us from arriving
at corporate responsibility? I used a whole systems perspective in order
to determine the most effective strategies. I described each strategy
based on its ability to impact responsible corporate behavior using
the leverage point categorizations offered by the whole systems analysis.
I limited my analysis of the strategies to the framework of law to accommodate
the mission of C4CR. [READ
MORE]