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Article Seeks Mandatory Corporate Due Diligence in Australia
July 24, 2019
An academic and a researcher from a human rights NGO have published an article characterizing an Australian law requiring companies to report how they are addressing forced labor in their supply chains as “a step in the right direction” toward mandatory human rights due diligence regimes for businesses.
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NGO Seeks German “Due Diligence” Law on Supply Chains
July 24, 2019
Citing the UN Guiding Principles on Business and Human Rights, the nongovernmental organization Human Rights Watch has called on the German government to put in place a monitoring mechanism that would pressure companies to perform “due diligence” in addressing alleged rights violations in their supply chains.
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GRI, CDP Push for Corporate Reporting on UN Climate Goals
July 24, 2019
The Global Reporting Initiative (GRI) and climate reporting nonprofit CDP have published recommendations pressing businesses to align their corporate reporting practices with the pledges their governments made to reduce greenhouse gas emissions under the UN’s Paris climate accord.
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EU Body Finds Benefits in Corporate Tax Competition
July 24, 2019
Contradicting the push among some activists to harmonize global corporate tax rates, the European Economic and Social Committee has published a study indicating that lowering corporate tax rates can attract economic investment while maintaining a steady stream of tax revenue.
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UN Agency Forms Alliance on Methane Emissions
July 24, 2019
The UN Environment Programme recently announced that it is forming a Global Methane Alliance to pressure oil and gas companies around the world to focus on reducing methane emissions as a major culprit in the catastrophic impacts of global warming.
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