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Monday July 28th 2014

40 years of foresight, insight and integrity

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Business for Democracy and ASBC Lead Effort to Overturn Citizens United v. FEC

The Business for Democracy Campaign, which the American Sustainable Business Council is spearheading in partnership with Free Speech for People is tackling the compelling issue of corporate contributions to political campaigns.

The U.S. Supreme Court’s Citizens United v. FEC decision on January 21, 2010 allows corporations to spend unlimited funds to support or oppose candidates for political office, overturning campaign finance laws in place for decades. The Business for Democracy campaign is an initiative of business leaders and their companies who believe this ruling is in direct conflict with American democratic principles and a serious threat to good government. The campaign supports the four members of the Supreme Court and the 80 percent of Americans who disagree with the decision (Washington Post poll, Feb. 17, 2010).

If you'd like your business to join this effort, you can sign the statement of support here or here.

To quota or not to quota — The results of the Norwegian Experience

I want to dedicate a special newsletter to Norway’s first outcome of the 40% quotas law. A few days ago I had the chance to take part in The international Board Impact Conference in Oslo. This conference brought together board members, executives, investors and researchers to discuss and learn from the experiences of Norwegian corporate boards of directors, which now have more than 40% of females on their boards. The aim was for the conference to serve as a vehicle to help the broader international community to continue shaping global boardroom diversity in the future. The conference was organised by Elin Hurvenes.

Elin Hurvenes, Founder of the Professional Boards Forum
Elin Hurvenes founded the Professional Boards Forum in 2003 in response to the Norwegian “Quota Law” requiring company boards to have at least 40% women directors. The Professional Boards Forum brings together chairmen and experienced business women with a view to expand networks and raise the visibility of women board candidates.

Click here to read the newsletter.

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