Chapter 1: The Case for Company Citizenship

Each chapter of the book, The Company Citizen has footnotes. As most of these are web links they cannot be readily accessed from the book. So here they are. Those numbered ‘a’, ‘b’, etc., are updates: they refer to text between numbered footnotes and not necessarily to the number in their suffix. For example: 14a is a new note which relates to text between note 14 and note 15 but not necessarily to the subject in 14 itself. Go back to ‘The Company Citizen’ here.

1

http://www.edelman.com/executive-summary/

1a

CBI research is very similar to that of Edelman: http://www.cbi.org.uk/cbi-prod/assets/File/pdf/everyones-business.pdf (July 2017). And the Financial Times put
its finger on what’s wrong with UK business and how to put it right: https://www.ft.com/content/da9aa4ce-b7e4-11e7-8c12-5661783e5589 (October 2017)

2

Private correspondence

3

https://party.coop/publication/in-our-interests-building-an-economy-for-all/

4

Both described in my book, Welcome to GoodCo. In September 2017 Pukka foods, the
organic tea and herbal products company, also joined Unilever. They, too, assured their
followers that this would preserve, not damage, its mission:
https://www.pukkaherbs.com/your-wellbeing/blog/2017/09/the-mission-continues/

4a

The UK Government, under the banner of the Inclusive Economy Partnership, brought
civil society and business leaders together to discuss common approaches to mental
health, financial inclusion and school/work transition in September 2017: https://www.gov.uk/government/news/business-and-civil-society-leaders-form-partnership-to-tackle-challenges-in-society

5

http://community.businessfightspoverty.org/m/blogpost?id=2014886%3ABlogPost%3A243750

5a

Of course not every company that embarks on political activity gets it right: the racially
provocative tactics of Bell Pottinger on behalf of allies of South Africa’s President Zuma
led to the downfall of this once global public affairs company in 2017. https://www.theguardian.com/media/2017/sep/05/bell-pottingersouth-africa-pr-firm

6

https://twitter.com/gibbulloch/status/794466147718590464

7

https://www.edie.net/news/7/Tony-Juniper–Sustainability-will-determine-business-survival-in-2050-/?

8

http://community.businessfightspoverty.org/profiles/blogs/beth-jenkins-a-new-era-of-corporate-statesmanship and http://www.bbc.co.uk/news/business-40952820 

9

ibid. The ban was withdrawn after Supreme Court intervention and re-introduced,
watered-down, though again delayed by Court action

10

https://data.ncvo.org.uk/a/almanac17/  More recent figures suggest that a significant fall
in volunteering may be happening: http://www.thirdsector.co.uk/volunteering-levels-fall-government-figures-show/volunteering/article/1440384

11

http://www.unmillenniumproject.org/goals/

12

http://www.un.org/sustainabledevelopment/sustainable-development-goals/ and http://sdgcompass.org/wp-content/uploads/2015/09/SDG_Compass_Guide_Executive_Summary.pdf

12a

 Two years after the SDGs were launched, only a third of the 9,000 companies committed
to help achieving them had published measurable goals: https://www.edie.net/news/7/Could-an-SDG100-raise-the-bar-for-business-action-on-global-goals-/

12b

 Paul Polman: the SDGs provide the framework upon which business can rebuild trust. https://m.huffpost.com/us/entry/us_59ce55f7e4b0f58902e5cb82/amp (Sept 2017)

13

http://evonomics.com/accounting-smoke-mirrors-makes-corporate-profits-rich-peoples-income-invisible/

13a

 Despite a reputation in some quarters as a friend of the tax avoider, KPMG continues its responsible tax campaign ‘Transparency, Truth and Trust’: https://responsibletax.kpmg.com/page/transparency-truth-and-trust/ (Added Nov 2017)

14

In the City’, Private Eye 1437, 10th February 2017. The first British prosecution of a
UK bank related to the crash was announced in June 2017 (Barclays). https://www.sfo.gov.uk/2017/06/20/sfo-charges-in-barclays-qatar-capital-raising-case/.

14a

 See also http://www.bbc.co.uk/news/business-40338220

15

https://www.jrf.org.uk/press/work-poverty-hits-record-high-housing-crisis-fuels-insecurity
– see also Chapter 3

16

https://www.socialenterprise.org.uk/procuring-for-good – see also Chapter 7

17

https://www.washingtonpost.com/opinions/how-corporations-can-be-a-force-for-good/2016/09/29/08e99268-7ac4-11e6-ac8e-cf8e0dd91dc7_story.html? 

17a

 Ruth Davidson, Conservative leader in Scotland, calls for exactly the sort of changes
that are needed. (Ignore the headline, not only is this not a Conservatives-only mission
but she doesn’t claim that it is…) (July 2017). https://unherd.com/2017/07/ctrl-alt-del-conservatives-must-reboot-capitalism/

17b

 Another take on the Conservative case for responsible business: http://www.conservativehome.com/platform/2016/10/mark-florman-the-government-should-incentivise-business-to-act-responsibly-heres-how.html (Oct 2016)

17c

 …and a Civicus analysis of the potential for business and civil society to work together
on global issues (June 2017): http://www.huffingtonpost.com/entry/big-business-and-activists-finally-agree-on-this-one_us_5947f962e4b0961faacbe56a

18

https://ssir.org/articles/entry/shifting_philanthropy_from_charity_to_justice

18a

 Joe Garner, CEO of Nationwide (the world’s largest building society, owned by its
members) outlined the case for responsible business for New City Agenda in the
House of Commons in October 2017: http://newcityagenda.co.uk/wp-content/uploads/2017/10/Joe-Garner_New-City-Agenda-speech-FINAL.pdf

19

http://vibranteconomy.grantthornton.co.uk/the-importance-of-purpose-and-business/

19a

 In October 2017 Yorkshire Water announced that it would begin the complex task of
closing its Cayman Islands subsidiary, which existed to ‘give shareholders more flexibility
over the payment of dividends rather than for taxation purposes’. The move is welcome,
but – really? https://qell.co.uk/yorkshire-water-to-close-cayman-island-subsidiaries/
In November 2017 the release of the ‘Paradise Papers’ went some way to exposing the
full extent to which tax havens allow rich companies and individuals to avoid paying tax
where there money is earned: https://www.icij.org/investigations/paradise-papers/

20

https://fairtaxmark.net/take-action/local-council-campaign/

21

http://www.ibe.org.uk/userassets/otherpdfs/25on25.pdf

22

http://fortune.com/inside-volkswagen-emissions-scandal/ – see also Chapter 5. In 2017
VW, followed by Ford, introduced a scrappage scheme for diesel and older petrol-driven
cars amidst further activity, not least in London, to achieve clean air: https://www.edie.net/news/12/Ford-s-scrappage-scheme-signals-shift-to-lead-a-business-model–revolution-/?

23

https://shareaction.org/wp-content/uploads/2017/03/Survey-LiftingTheLid.pdf In July
2017 the RE100 campaign reached its preliminary goal of 100 corporates committed
to a timetable to reach 100% renewable energy:
http://there100.org/news/14257837

24

https://data.ncvo.org.uk/a/almanac17/

25

http://www.candeadvisory.com/sites/default/files/headline_findings_Barometer%202016.pdf

26

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)#cite_note-GDP_IMF-5
and https://en.wikipedia.org/wiki/List_of_largest_companies_by_revenue Please note:
my list uses 2016 data. Wikipedia’s 2017 list shows minor changes in rank order but
includes only the 25 biggest companies by revenue, those worth more than $140Bn.
Wikipedia also lists the quarterly top ten (only) based on market capitalisation (MC) and
dominated by Apple, Alphabet (Google), Microsoft, Amazon and (to a lesser extent)
Facebook. MC is a volatile measure, revenue has more in common with GDP. Since
mid-2015 the only non-American businesses in the MC top ten are both Chinese,
TenCent and AliBaba.

26a

 In his November 2017 Budget UK Chancellor Philip Hammond reported that UK is no
longer the world’s 5th largest economy, as Brexit looms http://money.cnn.com/2017/11/22/news/economy/uk-france-biggest-economies-in-the-world/index.html?sr=twCNN112317economy1203PMStory