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NGO Seeks Global Enforcement of BHR Treaty
February 28, 2017
The International Centre for Trade Union Rights has published an article containing provisions it considers "essential" for the success of the UN's planned binding treaty on business and human rights (BHR) issues, such as the inclusion of international labor standards, due diligence requirements for companies, and the creation of an international BHR tribunal.
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OECD Produces Due Diligence Guide for Apparel Industry
February 27, 2017
The Organization for Economic Co-operation and Development (OECD) has produced a set of global guidelines explaining how companies operating in the apparel and footwear sector should conduct "due diligence" procedures to identify and address potential human rights impacts in their supply chains.
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Companies Tout Contributions to SDGs
February 27, 2017
The "business intelligence" entity Ethical Corporation has produced a publication containing interviews with representatives of various multinational corporations on how they have implemented provisions of the UN Sustainable Development Goals (SDGs), a comprehensive list of targets for the social and environmental agenda, in their global operations.
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NGOs Seek Enhanced Consultations with AIIB
February 27, 2017
A coalition of nongovernmental organizations (NGOs) has published a letter to the head of the Asian Infrastructure Investment Bank's (AIIB) compliance office seeking substantial reforms to the AIIB's consultation process on accountability procedures to permit more NGO input on these procedures in line with the global business and human rights agenda.
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EU Ministers Agree to Clamp-down on Corporate Tax
February 24, 2017
The Washington Post reports that, as part of the EU institutions' campaign for "fairer taxation" of multinational corporations, and in an attempt to buoy government tax revenues, EU finance ministers have agreed on Europe-wide legislation to prevent businesses from using diverging tax rates between EU countries and countries outside the bloc to reduce their tax bills.