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Paper Promotes Global Governance of Tax System
July 29, 2015
A paper published by the Global Summitry Project argues that countries should cooperate under standards produced by the Organization for Economic Co-operation and Development ("OECD") to push the global governance of tax policy and require the public reporting of companies' international financial information.
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EU Considers Binding BHR Reporting Proposal
July 29, 2015
Consultancy EcoVadis has published a blog post discussing support from activists and the French Government for a proposal in the European Parliament that seeks mandatory corporate reporting on business and human rights ("BHR") issues for companies throughout the EU.
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NGO Report Calls for "Climate Economy," Reporting Requirements
July 29, 2015
A recent report from the nongovernmental organization the Global Commission on the Economy and Climate calls for a "New Climate Economy" in which companies agree to greenhouse gas emission reduction targets and standards on reporting and verifying emissions.
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Proposal Seeks Mandatory EU Conflict Minerals Reporting
July 28, 2015
Dynda Thomas of Squire Patton Boggs writes that a proposal from the European Parliament would require nearly 900,000 European companies to issue public reports on their use of conflict minerals from war-torn areas in their products and would not provide a geographic limitation on the source of minerals that trigger the requirement.
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NGOs Seek EU Measure on Tax Reporting
July 22, 2015
Two nongovernmental organization ("NGO") representatives have published an article in which they call for the European Parliament to adopt a measure seeking to require multinational corporations to report on their profits and taxes paid on a country-by-country basis, in order to cut down on alleged "tax dodging" by businesses.
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Panel at UN Event Calls for Climate Finance Rules
July 21, 2015
At a recent UN event, panelists called for governments around the world to adopt new rules for financial institutions, including environmental reporting requirements, that they argued would drive forward substantial private funding of the UN's climate change agenda.
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MEPs Develop Comprehensive EU Product Reporting Proposals
July 15, 2015
The Guardian reports that a group of Members of the European Parliament ("MEPs") have developed a proposal for requirements, by the year 2019, for industries across the bloc to report on the environmental footprint of all their products, as officials seek to create "binding targets on resource efficiency."
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Denmark Transposes EU Reporting Requirements
July 15, 2015
The Global Reporting Initiative ("GRI") has announced that the Danish Government is the first to transpose the EU corporate non-financial reporting directive, which requires companies to report on their social and environmental impacts, into national law, and has applauded Denmark for permitting businesses to issue their reports using GRI guidelines.
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GRI Highlights BHR Principles in Reporting Standards
July 15, 2015
Demonstrating the symbiotic relationship between the UN and civil society on the business and human rights ("BHR") agenda, the Global Reporting Initiative ("GRI") has published a press release indicating how it has integrated the UN Guiding Principles on BHR ("BHR") in the reporting standards it issues for companies around the world.
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US Pushes Sustainability Agenda with GRI
July 15, 2015
The US State Department and the Global Reporting Initiative ("GRI") recently hosted a roundtable session seeking to place pressure on companies to adopt the UN sustainability agenda and to promote consideration of social and environmental issues in company supply chains.