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OECD Instrument Closes Tax Treaty "Loopholes"
December 13, 2016
The Organisation for Economic Co-operation and Development (OECD) has announced the conclusion of negotiations over a global convention that will transpose the OECD's corporate tax avoidance measures into over 2,000 tax treaties to prevent the shifting of corporate profits to low-tax jurisdictions.
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France Implements EU Law on Israeli Settlement Products
December 12, 2016
The Independent reports that the French government has become the first in the EU member states to transpose EU regulations into national law requiring that businesses specify on labels of products made in West Bank settlements that they are from an "Israeli settlement" to avoid misleading consumers.
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Report Finds BHR Redress Mechanisms Lack Effectiveness
December 12, 2016
A report produced by an academic research organization called Corporate Accountability Research finds that transnational non-judicial mechanisms established to provide remedies for business and human rights (BHR) violations currently lack the authority to provide effective redress to alleged BHR victims.
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Activists Warn of BHR Impacts of "Green" Projects
December 12, 2016
Signaling the growing complexity in accounting for competing demands on businesses from environmental and human rights activist organizations, Justine Calma reports on warnings from business and human rights (BHR) advocates that renewable energy companies are failing to account for their BHR impacts on indigenous communities.
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Investor Guide Pushes Energy Companies on Climate
December 12, 2016
A group of activist investor organizations have published an updated version of their guidelines on how oil and gas companies must adapt their business practices to comply with the UN's Paris deal on climate change and other instruments setting out global climate policies.
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