July 11, 2016
The US National Contact Point under the OECD Guidelines for Multinational Enterprises has announced its monitoring of a mediation agreement between Starwood Hotels & Resorts and a federation of trade unions complaining about the right to collective bargaining at hotels in Maldives and Ethiopia.
June 29, 2016
The UN Global Compact has published a report on how it will leverage its work toward the UN Guiding Principles on Business and Human Rights and other global business standards to promote the achievement of the UN's comprehensive Sustainable Development Goals for the year 2030.
June 20, 2016
Two accountant trade organizations and the UN's Global Compact Network UK have released guidance for accountants on how to embed the UN Guiding Principles on Business and Human Rights in their investment management and other work for companies.
June 10, 2016
A new initiative created by the UN Global Compact and UK corporation Volans called the Breakthrough Innovation Platform will pressure companies to develop new business models, including through the use of "big data," to help implement the UN Sustainable Development Goals for the year 2030.
June 02, 2016
Members of the European Parliament's Economic and Monetary Affairs Committee have voted to approve new rules that would require compliance with OECD rules on the taxation of multinational corporate profits and would impose stricter limits on tax exemptions for revenues companies move into the EU.
May 20, 2016
The Organisation for Economic Co-operation and Development has announced that six new countries, including Canada, China, and India, have joined 33 others in signing an international agreement that promotes the automatic sharing of multinational corporations' tax information among jurisdictions around the world.
May 19, 2016
Marking the upcoming 40th anniversary of the OECD Guidelines for Multinational Enterprises, the nongovernmental organization OECD Watch has called for governments to strengthen their national contact points, which seek to resolve complaints against businesses under the Guidelines, by sanctioning companies that refuse to participate.
May 11, 2016
The UN Global Compact has announced that over 150 companies around the world have signed on to its Science Based Targets Initiative and thus have subjected themselves to review of their targets for the reduction of greenhouse gas emissions by UN and NGO representatives.
May 06, 2016
The Guardian reports that, at a summit on countering corruption hosted by British Prime Minister David Cameron, the UK Government will push for the establishment of a global anti-corruption agency that would exchange information to help law enforcement authorities detect and prevent corruption and tax evasion.
May 04, 2016
Officials from the Organisation for Economic Co-operation and Development ("OECD") have published a report calling on multinational corporations to use their influence over their suppliers to promote a "living wage" for workers in developing countries, as required by OECD, UN, and other global guidelines on the promotion of business and human rights standards.