This brief company profile is a joint initiative of SOMO (Centre for Research on Multinational Corporations) and the VBDO (Vereniging van Beleggers voor Duurzame Ontwikkeling). It provides an overview of business practices that may be considered unsustainable, irresponsible, or controversial and that took place or were addressed in 2009. In the context of the upcoming annual general meetings (AGMs) of shareholders of Dutch corporations, the overview aims to provide additional information to Ahold’s shareholders and other stakeholders on potentially controversial issues that may or may not be detected or reported by the company itself. By highlighting such issues, the overview can be used to identify areas of the company’s corporate responsibility policies and practices that need improvement and to formulate a more informed assessment of a company’s corporate responsibility performance.
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KPN – Unresolved CSR issues in 2010
In solidarity with daughter of murdered Indigenous leader
On Tuesday 28 June, the Honduran organisation COPINH and the Global Justice Association filed a complaint with the public prosecutor in the Netherlands against Dutch development bank FMO. For COPINH, this is part of their…
Ensure effective enforcement of the Digital Markets Act
The EU has set a high standard for platform regulation. If properly enforced, the Digital Markets Act (DMA) and the Digital Services Act (DSA), together with other digital regulation in the pipeline, will be landmark…
SOMO welcomes two new supervisory board members
SOMO is pleased to announce the appointment of Claire Fernandez and Radboud van Delft to the SOMO Supervisory Board. Both Claire and Radboud bring a wealth of experience, knowledge and passion to the role. Claire…
Shareholder remuneration up by 500% in 20 years
Over the last 20 years, Dutch listed companies have spent more and more of their (borrowed) money on distributing profits to shareholders. Debt increased, investments stagnated and wages fell behind. Publication / June 15, 2022…
Shareholders first
FMO fails to meet best practices on financial intermediary lending
In a new Position Statement on Financial Intermediary (FI) Lending, Dutch development bank FMO argues for limited responsibility over the outcomes of investments that are channeled through commercial banks, investment funds, and other financial intermediaries,…
The Energy Charter Treaty
Testing the occupation
SOMO welcomes new funding from the Ford Foundation
SOMO is pleased to announce a substantial investment by the Ford Foundation in our work and organisational development. In 2022, SOMO will receive $1,395,000. Ford’s Building Institutions and Networks (BUILD) grants focus on helping social justice…