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UN Initiative Calls for Corporate Action on “Ocean Health”
June 05, 2019
The UN Global Compact business network has published a report calling on companies to address “the rapid deterioration of ocean health” by implementing international ocean regulations in keeping with the comprehensive UN Sustainable Development Goals.
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Governments Agree Roadmap for Corporate Tax Negotiation
June 05, 2019
Countries involved with the OECD and G20’s Inclusive Framework on Base Erosion and Profit Shifting (BEPS) have agreed a roadmap for the negotiation of a global deal aimed at ensuring that multinational companies pay a minimum level of tax.
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Fashion Brands Agree to Implement Short-Term Contract Ruling
June 05, 2019
Reuters reports that global fashion brands Levi’s, H&M, and Gap have agreed to attempt to force one of their suppliers to implement a ruling by an arbitration council requiring the supplier to replace the short-term contracts it had struck with 408 workers in Cambodia with permanent arrangements.
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South Africa Introduces Carbon Tax to Meet UN Climate Pledges
June 05, 2019
The saga of South Africa’s attempt to introduce a tax on greenhouse gas emissions, ultimately enacted at the end of May to help the country meet its pledges under the UN’s Paris climate deal, highlights producer concerns about the impacts of such taxes on energy prices.
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NGOs Call for China to Commit to “Green” Infrastructure in Amazon
June 05, 2019
A group of nongovernmental organizations and academic institutes have published a report calling on China, as it expands its economic partnerships in Latin America, to contribute to “greening infrastructure development” in the region to ensure the sustainability of the Amazon Basin.
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