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NGO: Western Business Models Lower Suppliers’ Labor Standards
March 14, 2019
The nongovernmental organization Ethical Trading Initiative has published a report asserting that multinational corporations are responsible, through business models that include maintaining competitive pricing in Western economies, for forcing down wages and labor standards of workers in their supply chains.
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IMF Board Debates Merits of International Tax Competition
March 14, 2019
A recent discussion by the International Monetary Fund (IMF) Executive Board on proposals for international tax cooperation highlights the ongoing debate among governments regarding the characteristics of a fair global tax regime, with some directors acknowledging the benefits of tax competition among countries.
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UN Launches “Big Data” Environment Initiative at Business Forum
March 13, 2019
During the second session of its Science-Policy-Business Forum, the UN Environment Programme launched an initiative seeking to harness artificial intelligence and other technologies to build massive stores of global data with the aim of advancing the UN’s broad environmental agenda.
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EU Ministers Approve List of “Non-Cooperative Tax Jurisdictions”
March 13, 2019
EU finance ministers have approved a new European Commission-developed list of “non-cooperative tax jurisdictions” to pressure countries to “come into line with international standards on transparency and fair taxation,” especially of corporations.
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EU Institutions Agree to Standards on Financial Sustainability Disclosures
March 08, 2019
The European Parliament and Council of the EU have agreed to uniform EU standards governing how financial firms must inform investors of the environmental and social impacts of their investment decisions.
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