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German Officials Propose Corporate “Due Diligence” Law
May 31, 2019
Lawyers at the global law firm Littler Mendelson examine a proposal from the German government to require German companies to perform “due diligence” in examining the human rights and environmental impacts of their operations and those of businesses in their global supply chains.
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Activists Release “Transparency Index” for Fashion Industry
May 31, 2019
The “global movement” Fashion Revolution has published a 2019 Fashion Transparency Index targeting companies it says do not share sufficient information with nongovernmental organizations that wish to scrutinize the human rights and environmental impacts of their supply chains.
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ISO Highlights Standards’ Pressure for Climate Action
May 30, 2019
The International Organization for Standardization (ISO) recently published a press release on how two of its standards contribute to the fulfillment of the UN’s Paris climate agenda by seeking to harmonize how businesses and other organizations track and report their reduction of greenhouse gas emissions.
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EU Lawmakers Pass Rules for “Sustainable” Finance
May 30, 2019
In April, the European Parliament adopted legislation aiming to establish an EU Capital Markets Union that includes disclosure requirements for financial institutions and advisers on “sustainable investments” and thus helps “channel investment to environmentally-friendly projects.”
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WHO Forum Puts Pressure on Drug Companies over Pricing
May 30, 2019
At the World Health Organization’s (WHO) Forum on Medicines in April, governments and nongovernmental organizations called for policies forcing pharmaceutical companies to reveal more information about their pricing decisions, while a WHO official referred to drug pricing a human rights issue.
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Industry Initiative Seeks “Sustainability” in Chemical Supply Chains
May 30, 2019
The German chemical industry sustainability initiative Chemie³ has published guidance for medium-sized chemical companies on how to ensure their supply chains meet global sustainability standards.
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Shell Quits Lobbying Group over Climate Stance
May 30, 2019
CNN reports that energy giant Shell, facing pressure from activists criticizing oil and gas companies for failing to take action on global warming, has quit the American Fuel and Petrochemical Manufacturers lobby, which has not publicly supported the UN’s Paris climate deal and opposes taxing fossil fuel emissions.
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Foundation Launches Global Registry of Apparel Suppliers
May 30, 2019
The C&A Foundation has launched an Open Apparel Registry as a public tool that seeks to identify every apparel factory in the world to permit nongovernmental organizations to investigate alleged violations of labor rights in the complex supply chains of fashion brands.
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GRI Seeks State Push for Corporate SDG Reporting
May 30, 2019
At a recent event in Bombay, Eric Hespenheide of the Global Reporting Initiative (GRI) called for a greater push by governments around the world toward corporate reporting on contributions to the UN Sustainable Development Goals (SDGs).
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NGO Criticizes Banks over Confidentiality of Customer Information
May 30, 2019
The nongovernmental organization BankTrack has criticized large banks for declining, for reasons of client confidentiality, to disclose the existence of financial links to customers and projects in response to NGO demands for data on connections to human rights and environmental abuses.
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