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U.K. Imposes Payment Reporting Requirements on Businesses
August 27, 2014
The U.K. Government has announced new rules requiring, as of January 2015, mining, gas, and oil companies registered in Britain to report payments made to government in all countries in which they operate.
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GRI, China Launch CSR Initiative
August 06, 2014
At a conference in Beijing, the Global Reporting Initiative ("GRI") and the State Information Center of China launched the China Corporate Social Responsibility ("CSR") Monitoring and Evaluation System to pressure Chinese businesses to abide by and report on their performance regarding CSR in their operations.
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NGOs Push for Mandatory EU Conflict Mineral Due Diligence
July 23, 2014
In response to a European Commission proposal for voluntary corporate reporting on conflict minerals from war-torn countries, a group of nongovernmental organizations ("NGOs") is pushing the European Parliament to adopt stricter standards that require mitigation of the use of such minerals.
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Article Calls for Expanded Mandate on "Sustainability Reporting"
July 18, 2014
Professors Adam Sulkowski and Sandra Waddock call for governments to broadly interpret current corporate reporting laws to require reporting on human rights, environmental impacts, and other issues and to provide more explicit standards mandating that companies report on "sustainability" in their operations.
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Shift Calls for Embedding of Human Rights Culture in Corporations
July 14, 2014
The nongovernmental organization Shift has published guidance on steps it believes corporations should take to embed human rights due diligence, including reporting on and protecting human rights in business operations, in company culture.
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Corporate Reporting Organizations Form Joint Initiative
July 11, 2014
A group of organizations that seek to standardize corporate reporting in a variety of areas, including climate and financial accounting, recently launched the Corporate Reporting Dialogue in Amsterdam to increase "integrated reporting" on such issues by businesses around the world.
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Committee Drafts International Standard on Security Providers
July 11, 2014
The International Organization for Standardization has created a new "Project Committee" to develop a set of standards it will push private security providers to follow with regard to human rights and humanitarian law.
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NGO Criticizes Conflict Minerals Reporting as Insufficient
July 10, 2014
As U.S. companies release their first legally required reports on the use of "conflict minerals" from war-torn areas in Africa in their products, the nongovernmental organization ("NGO") Global Witness has complained that these reports do not sufficiently assess companies' use of these minerals.
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Unilever Commits to International BHR Standards
June 23, 2014
Consumer goods company Unilever has announced that it will report on its progress in implementing the UN Guiding Principles on Business and Human Rights ("BHR") in its operations and that it will produce impact assessments reviewing activities in its supply chain.
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ECCJ Seeks Stricter Corporate Reporting Requirements
June 20, 2014
Despite praising the EU non-financial reporting directive as a "significant step" toward requiring business human rights and environmental reporting, the European Coalition for Corporate Justice ("ECCJ") indicates the EU and member states should tighten requirements on businesses to report on these issues.