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Critics of UK “Gender Pay Gap” Reporting Call for Sanctions
March 07, 2019
The Guardian reports that the alleged failures of businesses to accurately report, as required by UK law, the difference in pay between male and female employees are spurring politicians and nongovernmental organizations to call for stricter reporting requirements and sanctioning of employers.
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German UN Network Seeks Corporate Climate Pressure on Suppliers
March 07, 2019
Corporate representatives from the UN Global Compact Network Germany have published a discussion paper considering best practices for businesses in calculating and reducing greenhouse gas emissions in their supply chains in compliance with the global agenda against climate change.
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US Court Limits Immunity for International Organizations Engaged in Marketplace
March 07, 2019
SCOTUSblog reports that the US Supreme Court has held the International Finance Corporation, the private financing arm of the World Bank, is not entitled to absolute immunity from US lawsuits when it functions as a private player in the global marketplace.
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Extractive Initiative Implements NGO Demands in Disclosure Policies
March 07, 2019
The nongovernmental organization Oxfam has applauded the board of the Extractive Industries Transparency Initiative, a platform for the disclosure of payments by oil, gas, and mining companies to governments, for responding to activist pressure by requiring the disclosure of extractives contracts and mandating gender-based reporting in employment figures.
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Standard Setting Organizations Collaborate on SDG Reporting
March 07, 2019
A group of international corporate reporting standard setters, including the Global Reporting Initiative, has published a position paper describing how they plan to cooperate on standards pushing companies to disclose their impacts on the 169 targets included in the UN Sustainable Development Goals (SDGs).
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