ESG

GRI Lauds UPS's Sustainability Reporting

August 09, 2016

As companies face increasing pressure from the UN and activist groups to publicly report on their social and environmental impacts, the Global Reporting Initiative has published an interview with staff at delivery company UPS on the business's most recent Sustainability Report, which details how it is implementing the UN's "sustainable development" agenda.
Shipping Representative Calls for Global Emissions Standard

August 03, 2016

Director of Policy at the UK Chamber of Shipping, David Balston, has called upon the International Maritime Organization to set global standards regulating the greenhouse gas emissions of the shipping industry in order to drive businesses toward fulfilling the UN climate deal agreed in Paris last year.
CIGI Article Reviews National Sustainability Reporting

August 03, 2016

An article from the Centre for International Governance Innovation reviews national differences in corporate reporting requirements on "sustainability" and the risks of climate change for the use of the Financial Stability Board's Task Force on Climate-related Financial Disclosures as it develops a global "sustainability reporting" standard.
Total Publishes Global Warming Strategy

August 02, 2016

French oil and gas company Total has published a document on how it will help implement the recent UN climate deal on limiting global greenhouse gas emissions, including by creating a "Strategy & Climate Division" and aggressively ramping up its investment in renewable energy in the next 20 years.
Businesses Resist "Sustainability" Reporting Demands

July 27, 2016

Bloomberg BNA reports that corporations have warned the US Securities and Exchange Commission about the complexity and financial burden involved in accepting demands from advocacy groups to require the inclusion of "sustainability" information among the SEC's corporate annual reporting requirements.
Article Criticizes EU Conflict Minerals Agreement

July 26, 2016

A blog post published by nongovernmental organization Global Witness criticizes legislation agreed by the EU institutions on "conflict minerals" for not going far enough in requiring companies to publicly report their efforts to exclude all such minerals from their products.
Shareholders Ramp up Suits over Environmental Risks

July 20, 2016

Madison Condon of Colombia University writes on a set of recent lawsuits in the US demonstrating that corporate shareholders are increasingly turning to the courts in cases of environmental disasters to claim that corporations did not properly inform them of the risks to the environment involved in their operations.
EU Proposal Expands Disclosure on Corporate Taxes

July 19, 2016

CCH Daily describes proposals from the European Commission that will require companies to disclose to EU member states their "beneficial ownership" of companies that could be used for tax avoidance and that will place pressure on so-called "tax havens" outside the EU to implement global standards on corporate taxation.
GRI Outlines Work on Corporate Tax Disclosure

July 18, 2016

At the recent OECD Forum on Responsible Business Conduct, Teresa Fogelberg of the Global Reporting Initiative discussed her organization's work toward corporate disclosure of tax payments, a key portion of the agenda of international organizations and activists to help "shame" companies into paying for their economic, social, and cultural rights agenda.
Analyst Demands Business Disclosures on Climate

July 15, 2016

At an event organized by the Task Force on Climate Related Disclosures, a group drafting corporate guidelines on publicly reporting the potential impacts of carbon emissions, an energy analyst for Barclays, Mark Lewis, called on fossil fuel companies to warn their investors about the risk of climate-related government regulations to their revenues.